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Nx Networks NEWS RELEASE
13595 Dulles Technology Drive, Suite 100
Herndon, VA 20171-3424
Tel: 703-742-6000 Fax: 703-742-4048
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For Immediate Release:
Company contacts:
Public Relations:
Felicia Kessel-Crawley
(703) 742-6000
[email protected]
NX NETWORKS ANNOUNCES FORMAL NAME CHANGE AND
NASDAQ SYMBOL CHANGE TO NXWX
HERNDON, VA - September 19, 2000 - Nx Networks, Inc. (Nasdaq: NTRX), the leader
in next-generation Internet Telephony solutions, formerly doing business as
NETRIX CORPORATION, announced it has filed an amendment to its Certificate of
Incorporation with the State of Delaware for an official name change to Nx
Networks, Inc. Nx Networks also changed its Nasdaq National Market trading
symbol to "NXWX" effective today.
The changes reflect the final details needed to solidify the foundation of
Nx Networks, Inc., pioneer in voice packet technology. With the recent
combination of Netrix, OpenRoute and AetherWorks, and patented voice technology,
Nx Networks continues to lead the industry in packetized voice with more than
250,000 ports already installed worldwide.
The merger of the companies enabled Nx Networks to expand its technology
reach and market share through this winning combination of experience, leading
edge technology and feature-rich designs and solutions. The merger of these
three exceptionally critical technologies has enabled Nx Networks to deliver
voice and
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data applications and end-to-end solutions that economically provide world class
Voice over Internet Protocol (VoIP) solutions over any network infrastructure to
enterprises, ISPs, CLECS and telcos in more than 83 countries around the world.
Nx Networks SoftSwitch software technology provides the platform necessary to
rapidly create and deploy key applications like Interactive Voice Response
(IVR), conference calling, customized billing, voice-enabled Web, unified
messaging and more.
The company continues to enhance performance of its Nx 6000 Series
Carrier-Class Media Gateway/Router; Nx 2200 Media Gateway and Nx 3000 Series
Gateway Router which drive their feature-rich, secure, flexible, scaleable,
expandable and cost-effective next generation VoIP and VPN voice and data
convergence applications like eCall Centers, International Toll Bypass and
Virtual Office/Broker in a Box.
About Nx Networks
Nx Networks, an award-winning provider of innovative Internet Telephony
solutions, offers a robust suite of tools and applications that harnesses the
full potential of Voice over Internet Protocol (VoIP) gateways, SoftSwitch
technology, and Virtual Private Networking (VPN). Headquartered in Herndon, VA,
Nx Networks provides secure, seamless end-to-end interoperability and voice
service products to service providers, corporations and carriers in more than 80
countries.
The Nx 6000 series is a carrier-class Media Gateway that scales up to
support thousands of users and reliably provides multiple high performance
features based on industry standard protocols.
The Nx 3000 series gateway router provides a secure solution for the
convergence of voice and data over the Internet. It also provides a customer
premise platform for delivering new services.
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SoftSwitch software technology provides the platform to rapidly create
and deploy key applications like Interactive Voice Response (IVR), conference
calling, customized billing, voice-enabled Web, unified messaging and more.
Additional information about Nx Networks can be found online at
www.nxnetworks.com.
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*Safe Harbor Statement -- This press release contains forward-looking statements
that involve a number of risks and uncertainties, including references to
projected sales. Readers are cautioned that all forward-looking statements are
subject to risks and uncertainties, including without limitation, the timing of
new announcements or introductions by the company and its competitors, the
acceptance of new products and services, the hiring and retention of key
employees, competitive pricing pressures, the manufacturing of products, the
need for capital, dependence on third parties for manufacturing, components and
products, general economic conditions, and, with respect to Nx Networks, the
risk factors detailed from time to time in its periodic reports and registration
statements filed with the Securities and Exchange Commission. Readers are
cautioned not to place undue reliance on these forward-looking statements that
speak only of the date hereof. Nx Networks undertake no obligation to publicly
release the result of any revisions to these forward-looking statements that may
be made to reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.
