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250 Pehle Avenue
Suite 200
Saddle Brook, NJ 07663
Phone: 201- 444-6262
Fax: 508-820-4607
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| News & Press Releases |
| Cinch and Meritech Join Forces |
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LOMBARD, ILLINOIS - April 30, 2008 - Cinch and Meritec today entered into a technology agreement that will combine the collective expertise and leading edge product development of two leading providers in the global high performance connector and cable assembly marketplace.
Through a technology license covering the Meritec NX InfiniBand™ Architecture Standard High Speed Cable Assembly product line, Cinch will gain access to Meritec’s extensive knowledge base and unique construction methodology in the area of high-speed connector and cable design, manufacturing and testing. Known for its specialized approach to wire preparation, construction and termination that yields superior-performing end products, and its innovative backshell solutions, Meritec will complement Cinch’s existing connector solutions with its creative approach to problem solving and top-performing products.
"The market strategies of the two companies are very similar, and yet, the solutions are diverse in the way they cater to markets seeking performance, quality and, at the same time, cost effectiveness," said Mike Murray, President & CEO at Cinch. "We feel strongly that this relationship is going to be an excellent complement to our existing high-speed products, technologies and capabilities."
In their mutual recognition of the industry’s call for a high speed I/O cable and the mating PC board mount receptacle that will perform at 20 GBps (ODR – Octal Data Rates), joint development is already taking place on a solution that will give InfiniBand users a migration path to the next generation of speed and performance.
"The transfer of technology from Meritec to Cinch under this agreement makes sense for all concerned," said John T. Venaleck, Meritec’s CEO. "The marriage complements Meritec’s Sales & Marketing efforts while supporting Cinch’s goals and objectives in the high performance cabling arena."
Cinch is committed to significant investment in this area of advanced technology to provide differentiable solutions offering optimal signal integrity and high performance. |
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"Safe Harbor" Statement
Under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to business conditions and the amount of growth in the computer industry and general economy, competitive factors, and other risks detailed from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-K and its quarterly reports on Forms 10-Q. The Company does not undertake any obligation to update forward-looking statements. All trademarks and brand names are the property of their respective companies. |
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