VNWK Visual Networks (MM)

ROCKVILLE, Md. and SEOUL, South Korea, Jan. 16 /PRNewswire-FirstCall/ -- Visual Networks, Inc. (NASDAQ:VNWK), a leading provider of network and application performance management solutions, today announced that it has entered into a reseller agreement with South Korean VAR SJTek. Headquartered in Seoul, South Korea, SJTek is a developer, producer and distributor of broadband and access technology and communications equipment. The firm provides solutions to leading telecommunications providers including KT, Dacom, Powercom and Hanaro. With this agreement, SJTek will resell Visual UpTime(R) Select(TM), Visual Networks' flagship solution. Visual UpTime Select provides in-depth, real-time and historical information that enables enterprises to intelligently manage application and network performance and availability across the entire enterprise. "I am very excited about this opportunity to resell a proven solution such as Visual UpTime Select, which enables us to deliver better managed solutions to our customers," said Jae Young Shim, CEO of SJTek. "As our customers -- and enterprises across South Korea -- are increasingly demanding improved Quality of Service (QoS), we believe that Visual UpTime Select represents a growing, lucrative market opportunity for SJTek." "Working with an organization such as SJTek that is closely aligned with South Korea's leading telecommunications providers will help us successfully enter and gain traction in this important market," said Daniel Kim, managing director of Asia Pacific, Visual Networks. "The added complexity of South Korean networks, coupled with the growing requirements for improved QoS, plays into Visual Networks' strengths as a cost-effective solution for holistic, enterprise-wide visibility into application and network performance." About Visual Networks Visual Networks, Inc. (NASDAQ:VNWK) is a leading provider of network and application performance management solutions. The company's technologies enable enterprises to reliably and securely manage the delivery and performance of key applications such as Voice over IP (VoIP) across their infrastructures. Visual Networks' products increase application and network availability, optimize the use of bandwidth across the network, and reduce operating costs across traditional and IP-based infrastructures. For more information, visit http://www.visualnetworks.com/. About SJTek SJTEk is a premier developer, manufacturer and distributor of network access products in Asia. The company has developed and created a host of products that have successfully penetrated the South Korean telecom market. As a leading producer and seller of equipment into carriers and large enterprises in South Korea and throughout Asia, SJTEK is leading the way in carrier class products and is focused on providing total solutions to its customers. Forward Looking Statement Certain statements in this press release may constitute "forward-looking statements" with respect to Visual Networks, Inc. and its subsidiaries (collectively, the "Company"). Forward-looking statements are based on management's views and assumptions regarding business performance and future events as of the time the statements are made. These statements involve risks and uncertainties, including the risks detailed in Visual Networks' filings with the U.S. Securities and Exchange Commission, which may cause actual results of the Company to differ materially from the statements. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revision or changes after the date of this release. First Call Analyst: FCMN Contact: dpeikin@visualnetworks.com DATASOURCE: Visual Networks, Inc. CONTACT: Jae Young Shim, CEO of SJTek, Tel: +82-31-453-7023, ; or David Peikin, Director of Marketing and Corporate Communications of Visual Networks, +1-301-296-2262, Web site: http://www.visualnetworks.com/

Copyright