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LABAT TECHNOLOGY ACQUIRES COMPUTER NETWORKS - MEDIA RELEASE

Release Date: 09/05/2000 16:09
Code(s): LAB
Wrap Text
9 MAY 2000
LABAT TECHNOLOGY ACQUIRES COMPUTER NETWORKS

LABAT TECHNOLOGY, A DIVISION OF BLACK OWNED AND OPERATED BUSINESS SOLUTIONS GROUP, LABAT AFRICA, HAS ACQUIRED A MAJORITY STAKE IN NETWORKING SOLUTIONS PROVIDER COMPUTER NETWORKS FOR AN UNDISCLOSED SUM.
A SUPPLIER OF COMPUTER HARDWARE, SOFTWARE AND CONSULTING SERVICES, COMPUTER NETWORKS, HAS A STRONG PRESENCE IN THE LOCAL GOVERNMENT MARKET. LABAT
TECHNOLOGY ALREADY OPERATES MICROCHIP MANUFACTURER SAMES (SA MICRO-ELECTRONIC SYSTEMS), SUPPLY CHAIN MANAGEMENT SOLUTIONS PROVIDER ARMADA, AND LABAT TRAFFIC SOLUTIONS, WHICH SUPPLIES TRAFFIC FINE MANAGEMENT SYSTEMS TO LOCAL GOVERNMENT. LABAT TECHNOLOGIES MD, MARK ALEXANDER, SAYS THE ACQUISITION COMPLETES THE DIVISION'S OFFERING TO GOVERNMENT BY ADDING A NETWORKING COMPONENT.
"THE SERVICES OFFERED BY COMPUTER NETWORKS WILL COMPLEMENT WHAT WE'RE DOING. NETWORKING IS THE GLUE THAT CEMENTS EVERYTHING IN THE COMPUTING ENVIRONMENT. THE CUSTOMER BASE OF COMPUTER NETWORKS COMPLEMENTS OUR OWN, AND HAS POTENTIAL SYNERGIES WITH OTHER RECENT ACQUISITIONS.
ALEXANDER SAYS COMPUTER NETWORKS IS ACKNOWLEDGED AS A SUPPLIER WITH WORLD CLASS SKILLS AND EXPERTISE IN ALL MAJOR LOCAL AND WIDE AREA NETWORK SOLUTIONS, INCLUDING ATM, FDDI, FAST ETHERNET, TOKEN RING, COLLAPSED BACKBONES, SWITCHING, BRIDGING AND ROUTING.
COMPUTER NETWORKS MD, RIC HUTTON, SAYS HIS COMPANY HAS BEEN SUPPLYING
VALUE-ADDED LAN AND WAN TECHNOLOGIES TO BLUE CHIP CORPORATE CLIENTS SINCE 1989. "AS A SPECIALISED INDEPENDENT ORGANISATION WITH BRANCHES IN THE MAJOR CENTRES, COMPUTER NETWORKS IS ABLE TO ASSESS ITS CUSTOMERS' REQUIREMENTS AND PUT FORWARD SOPHISTICATED SOLUTIONS BASED ON BEST-OF-BREED TECHNOLOGIES AND ACCEPTED INDUSTRY STANDARDS. THEN, IN PARTNERSHIP WITH ITS CUSTOMERS, COMPUTER NETWORKS PROVIDES COMPLETE LAN/WAN SOLUTIONS CONSISTING OF CONSULTING SERVICES, SYSTEM DESIGN, EQUIPMENT INSTALLATION, AND ON-GOING MAINTENANCE AND SUPPORT." HUTTON SAYS COMPUTER NETWORKS ADDITIONALLY OFFERS HIGH LEVEL EXPERTISE IN INTERCONNECTING MULTI-VENDOR ENVIRONMENTS. THE COMPANY PROVIDES A UNIQUE, VALUE ADDED, SERVICE THROUGH ITS SPECIALISED KNOWLEDGE OF MAINFRAME, MIDRANGE AND PC CONNECTIVITY, COUPLED WITH PRACTICAL SKILLS IN A WIDE RANGE OF OPERATING SYSTEMS AND PROTOCOLS. COMPUTER NETWORKS IS AN AUTHORISED RESELLER FOR MANY OF THE MOST POWERFUL NETWORK HARDWARE PRODUCTS, INCLUDING CISCO, LUCENT, 3COM, COMPAQ AND IBM. ENDS FOR FURTHER INFORMATION CONTACT:
LABAT TECHNOLOGY TO THE POINT COMMUNICATIONS MARK ALEXANDER JOHANN BARNARD
TEL: 011 802 4906 TEL: 011 726 5522
CELL: 082 990 4546 CELL: 082 551 1414 TO THE POINT COMMUNICATIONS SA (PTY) LTD
TEL: 011 726 5522 FAX: 011 726 7204 CELL: 082 55 11 414 WWW.TOTHEPOINT.CO.ZA

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