Network Equipment Technologies Receives Extension of GSA Schedule Contract
December 07 2007 - 8:00AM
Marketwired
FREMONT, CA , a global provider of multi-service network
exchange solutions for enterprise and government customers,
announced today that the General Services Administration (GSA) has
awarded an option to extend the GSA Schedule contract held by NET's
subsidiary NET Federal, Inc. The award extends the term of the
contract until January 13, 2010. As part of the extension, the GSA
also agreed to add product maintenance and support services onto
the contract.
NET's products are used by a variety of Federal Government
agencies, particularly within the Department of Defense. A
substantial portion of NET's revenue from these government
customers has been based on its GSA Schedule contract.
Gary L. Lau, Senior VP of NET and President and CEO of NET
Federal, stated, "We are very pleased with this outcome. This
extension reflects a long term and successful association between
NET Federal and the GSA, and solidifies our relationship going
forward. With the addition of maintenance and support services to
our GSA Schedule contract, NET Federal can simplify the sales
process by offering our government customers a comprehensive
solution, and, as a result, deliver greater customer
satisfaction."
About Network Equipment Technologies, Inc.
For nearly a quarter of a century, Network Equipment
Technologies, Inc. (NET) has provided voice and data communications
equipment for multi-service networks requiring high degrees of
versatility, interoperability, security and performance. NET's
broad family of products are purpose-built for mixed-service,
multi-protocol networks; bandwidth-sensitive site communications;
high performance, security-sensitive transmissions; and converged
communications. The company's NX (network exchange) and VX (voice
exchange) products enable interoperability and integration with
existing networks for seamless migration to secure IP-based voice
and data communications. In addition, Quintum, a subsidiary of NET,
delivers VoIP access solutions that bring the reliability and voice
clarity of public telephone networks to Internet telephony.
Visit www.net.com for more information.
Contact info: Leigh Salvo Network Equipment Technologies
510-647-8870 Email Contact
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