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Thornburg Mortgage Paces Its Growth With Innovative Campus Network Solution From Extreme Networks

Posted on: Monday, 9 July 2007, 09:19 CDT

SANTA CLARA, Calif., July 9 /PRNewswire/ -- Extreme Networks, Inc., today announced that its scalable and secure network solutions, network design and professional services were selected by Thornburg Mortgage, Inc., allowing the company to enhance its technology foundation in a manner that can grow with its business operations and bolster its IP communications and business applications.

Thornburg Mortgage, a single-family residential mortgage lender focusing on jumbo and super-jumbo adjustable-rate mortgages, needed a flexible network to enhance its growth. The company previously supported a network and voice system that management hoped to improve.

To meet its growing needs, Thornburg Mortgage sought networking solutions that would provide the best capabilities to support voice and data convergence as well as enterprise-grade applications, including CRM.

Thornburg Mortgage selected Extreme Networks based on its ability to provide the complete architecture recommendation, including delivery and support of an advanced network solution, which included high performance BlackDiamond(R) and Summit(R) switching platforms that offer scalability, simplicity and cost-effective bandwidth upgrades in the future.

"Our vendor choice, Extreme Networks, has really shined at providing us a customized network solution to meet our needs," said Dan Bissonnette, vice president and IT operations manager for Thornburg Mortgage. "I am confident in Extreme's continued commitment and support and that they will provide Thornburg Mortgage with excellent networking solutions as our business partner in the future."

"Thornburg Mortgage is a clear example of a growing organization that was seeking value and performance from its network," said Paul Hooper, chief marketing officer for Extreme Networks. "We are pleased to have been selected to deliver a complete network convergence solution that highlights our expertise and support to enhance the company's network performance."

In the future, Thornburg Mortgage plans to leverage its network design equity to support a call center and other communications via integrated video conferencing technology.

Thornburg Mortgage

Thornburg Mortgage is a leading single-family residential mortgage lender focused principally on the jumbo segment of the adjustable-rate mortgage market. Backed by a balance sheet of $55.2 billion in high-quality mortgage assets, the company seeks to deliver attractive dividend income and steady growth for its shareholders by acquiring high-quality mortgage-backed securities, and growing its share of the mortgage loan origination business. Capitalizing on its innovative portfolio lending model, REIT tax structure and leading-edge technology, Thornburg Mortgage is a highly efficient provider of specialized mortgage loan products for borrowers nationwide with excellent credit. We invite you to visit the company's Web site at http://www.thornburgmortgage.com/ .

Extreme Networks, Inc.

Extreme Networks designs, builds, and installs Ethernet infrastructure solutions that solve the toughest business communications challenges. Our commitment to open networking sets us apart from the alternatives by delivering meaningful insight and unprecedented control to applications and services. We believe openness is the best foundation for growth, freedom, flexibility, and choice. We focus on enterprises and service providers who demand high performance, converged networks that support voice, video and data, over a wired and wireless infrastructure.

Extreme Networks, Summit and BlackDiamond are registered trademarks of Extreme Networks, Inc. in the United States and/or other countries.

Extreme Networks, Inc.

CONTACT: Greg Cross of Extreme Networks Public Relations,+1-408-579-3483, gcross@extremenetworks.com

Web site: http://www.extremenetworks.com/http://www.thornburgmortgage.com/


Source: PRNewswire

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