| 39713 | Hopling Networks |
Hopling Announces New Investment and Name Change
Welcomes new strategic investor KMM Groep Changes name in Hopling Networks Streamlined staff geared to maintain sales and product momentum Moving offices to a high-tech creative campus in the greater Amsterdam area Almere, September 22, 2008 – Hopling Networks, a manufacturer of state-of-the-art wireless networking equipment for enterprises, operators and service providers, today announced a major new investment, a new name, and staff and structural changes to continue to lead the industry in innovative, next-generation wireless networking solutions. Hopling Networks selected the KMM Groep because of its leading innovative role in developing creative industries, financial strength to support our continued business growth and commitment to address the needs of the business going forward to ensure a strong wireless future. Plans include maintaining a strong sales force that with the added presence of our growing distribution channels is continuing to drive forward in the broadband wireless networking market. Hopling Networks’ wireless networking products have established the company as a leader in mesh networks where data communication is often limited due to cost or lack of traditional wired systems. Hopling Networks’ will continue to focus on delivering its carrier-grade high-speed wireless networking products to enterprises, operators and service providers in numerous developed and developing countries. “The Hopling brand stretches back to 2003 when it pioneered many of the foundation technologies that have driven the wireless mesh revolution over the last 5 years,” said Frank Koopman, chief executive officer of Hopling Networks. “That thought leadership remains part of the brand’s DNA as we continue to introduce next generation wireless networking technologies to our customers: some of whom have continued in partnership with us for over five years.” Hopling Networks is also taking advantage of a favorable office leasing market to relocate its head office and facilities to a newly developed high-tech hub (creative campus) in Almere (the greater Amsterdam area), the Netherlands.
