OPNET Completes Acquisition in Belgium
Strategic Move Expands OPNET's Optical Networking Capabilities andBroadens Global Presence
BETHESDA, MD, and GHENT, BELGIUM., -- January 3, 2002 -- OPNET Technologies, Inc. (Nasdaq: OPNT), the leading provider of intelligent network management software, today announced that it has fully acquired WDM NetDesign B.V.B.A., a Belgium-based software company with world-class expertise in optical network design.
The new entity, OPNET Technologies B.V.B.A., is based in Ghent, Belgium. The Belgium team will initially focus on further development and sales of OPNET's new WDM Guru product, as well as continued research and development of optical network design algorithms to be used in OPNET's products, including Netbiz and SP Guru.
WDM NetDesign B.V.B.A. was formed in August 2001 by OPNET and Comsof, two leaders in their respective fields. Comsof, a Belgium-based software company specializing in optical network design, transferred the development team and all intellectual property for its commercial software products to WDM NetDesign. OPNET has established a track record for developing and delivering advanced software solutions to the world's leading service providers, network equipment manufacturers, enterprises, and government agencies. OPNET's relationship with Comsof was first announced in March 2001.
Today's announcement further expands OPNET's international
presence to include direct offices in the United States, the UK,
Australia, France, and now Belgium.
About OPNET Technologies, Inc.
Founded in 1986, OPNET Technologies, Inc. is the leading provider of intelligent network management software. For more information about OPNET and its products, visit www.opnet.com.
OPNET, OPNET Technologies, Inc., WDM Guru, Netbiz, and SP Guru, are trademarks of OPNET Technologies, Inc. All other trademarks are the property of their respective owners.
Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. OPNET Technologies, Inc. ("OPNET") assumes no obligation to update statements. Forward-looking statements are predictions based upon information available to OPNET as of the date of this press release and involve risks and uncertainties; therefore, actual events or results may differ materially. For a discussion of risk factors, see OPNET's reports, including its most recent 10-Q and 10-K, filed with the Securities & Exchange Commission.
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Note to editors: The word OPNET is spelled with all upper-case letters.
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