RSoft and Network Design Tools Agree to Merge
New Company Set to Capture Market Share in Photonics and Telecommunications Design Software Markets
Ossining, NY and Eatontown, NJ. RSoft, Inc. and Network Design Tools, Inc. (NDTI) today announced an agreement to merge, creating a company that combines RSoft s award-winning suite of physical-layer design tools with innovative network-layer planning and optimization tools from NDTI, a Telcordia Technologies spin-out. The new company will supply researchers, manufacturers, systems integrators, and service providers with POMS (performance, optimization, modeling, and simulation) software that addresses design challenges from the component to the network level.
"This merger puts us in a unique position to become the dominant player in the POMS marketplace," said Gail Lalk, president of NDTI. "Our customers will benefit from our un-paralleled technical understanding of how components and networks behave in the real world."
RSoft s simulation software solutions and consulting services help companies in the photonics and telecommunications industries design next-generation products more efficiently and accurately, reducing the time it takes from idea inception to market availability. NDTI s family of tools allows component and equipment manufacturers to design products that achieve optimal network performance and compatibility, and gives service providers the ability to evaluate the most cost-effective and technically sound solution for increasing network capacity.
"The combination of NDTI and RSoft expands the breadth and depth of product offerings and addressable market opportunities for both companies," added LuAnn Scarmozzino, president of RSoft. "The resulting product suite will offer integrated, end-to-end design solutions for those companies seeking to develop innovative optical communications products and networks in the telecommunications arena."
Gail Lalk, NDTI s president, has been named the acting CEO of the combined company and will retain her position as the president of the network-layer products division. LuAnn Scarmozzino will continue as president of the physical-layer products division, and Dr. Robert Scarmozzino, currently CTO of RSoft, will serve as CTO for the combined entity.
The new entity will operate as a privately held company, with continued investment support from Pequot Capital Private Equity http://www.pequotcap.com. Financial terms were not disclosed. The merged company, to be named at a later date, will continue to develop its physical layer simulation solutions in Ossining, NY under the RSoft brand, and its network products in Eatontown, NJ, under the NDTI brand.
About RSoft Inc. Founded in 1990, RSoft, Inc. develops and markets award-winning CAD and simulation software for the design and analysis of high performance integrated and fiber-based photonic components and systems. RSoft s products are used worldwide by manufacturers and researchers in the development of devices and subsystems in the metropolitan, long haul, and access segments of optical telecommunications and broadband networks. RSoft s device-level (BeamPROPTM, FullWAVETM) and link-level (LinkSIMTM) tools are recognized as the industry-leading standard in horizontally and vertically integrated simulation software solutions. RSoft is headquartered in Ossining, NY, with additional development offices in Silicon Valley and Chicago, and global marketing operations in the Pacific Rim, Europe, and the Middle East. For more information visit the RSoft Website at www.rsoftinc.com.
About NDTI Inc. Headquartered in Eatontown, NJ, Network Design Tools, Inc. (NDTI) offers a full spectrum of software tools and consultation services to help clients optimize their telecommunications networks. From optical network simulation to wavelength and wireless network design and strategic analysis, NDTI helps clients adapt new technologies that enable advanced telecom services. NDTI s family of tools allows component and equipment manufacturers to design products that achieve optimal network performance and compatibility, and gives service providers the ability to evaluate the most cost effective and technically sound solution for increasing network capacity. NDTI is a spin-off from Telcordia Technologies, Inc. (www.telcordia.com) and has received $15 million in funding from Pequot Ventures, the direct venture investing arm of Pequot Capital Management Inc. For more information, visit www.networkdesigntools.com.
Contact: Andrea V. Papa RSoft, Inc. Tel: (914) 923-2164 (Voice) Fax: (914) 923-2169 (Fax) andrea@rsoftinc.com www.rsoftinc.com
Andrea V. PapaRSoft, Inc.
Tel: (914) 923-2164 (Voice)
Fax: (914) 923-2169 (Fax)
andrea@rsoftinc.com
www.rsoftinc.com
E-mail: andrea@rsoftinc.com
Web site: http://www.rsoftinc.com
