ACT Networks Receives $2-Million Korean Order

ACT Networks in Camarillo has received an order worth more than $2 million from the company’s Korean distributor.

The order from Korea Data Communications Corp. is for ACT’s new NetPerformer SDM-9400 integrated access devices. It will be used by the National Agricultural Commercial Federation, South Korea’s largest cooperative agricultural banking institution, to continue expanding its private computer network.

It is expected that this integrated network, which will take two years to install, will connect all of the federation’s branch offices nationwide.

“We see the purchase and implementation of our newest NetPerformer product as yet another testament to the market’s recognition of ACT’s state-of-the-art technology,” said Martin Shum, ACT chairman, president and CEO. “We believe we will continue to see strong opportunities in the Korean marketplace.”

Last quarter, ACT received two $1-million orders for its NetPerformer SDM-9400 and SDM-9300 product lines from the Industrial Bank of Korea and Kyobo Insurance, also of Korea.