RNS Number:0903Z
Network Technology PLC
01 March 2006




                             Network Technology Plc

                                  Acquisition

Ringdale Inc. is a wholly owned subsidiary of Network Technology Plc ("NT").

The Ringdale(R) Brand is well established throughout the world and best known
for its networked printer access related products such as FollowMeTM printing,
the world's leading network printer access and accounting system, as well as
networked access control and "time and attendance" terminals.

Ringdale has acquired certain assets of NLynx Technology Inc. in Austin Texas as
well as the brand names, copyrights, technology and web-addresses of
www.NLynx.com and www.decisiondata.com .

NLynx is one of the last remaining Token Ring MAU and Twinax Switch
manufacturers but its products also include Slim Client and Zero Client
workstations which complement Ringdale's leadership in corporate and client
security to offer organisations a comprehensive and secure solution for both
managed and unmanaged devices. This acquisition complements the acquisition of
Madge Limited assets, the Token-Ring PC card and switch manufacturer, which was
announced earlier this month.

The two acquisitions together should result in an increase in annual revenue of
US$ 1.6 million for Ringdale.

Klaus Bollmann, Chief Executive of Network Technology commented: "Ringdale will
re-use the registered trademarks of 'NLynx' and 'Decision Data' as product
brands. We expect to upgrade the thin client range and add Ringdale's access
technology to those devices. Although Twinax and Token Ring are legacy products,
there is a residual market for those products for the next 2 years in regions
where expenditure in the corporate world does not allow a full replacement of IT
infrastructure. We expect this acquisition to give us even better access to
Fortune 500 companies for our flag-ship FollowMeTM Printing product, as well as
existing NLynx products adding further to our bottom line."

For further information:

Lulu Bridges
Tavistock Communications Ltd
Tel: 020 7920 3150






                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
ACQEAXAPAAPKEFE
Network Technology (LSE:NTY)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Network Technology Charts.
Network Technology (LSE:NTY)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Network Technology Charts.