The company PacketFront Network Products AB is created, effective as of April 1st 2012, and will be part of PacketFront Holding AB, which now contains four legal and independent entities:

·         PacketFront Solutions AB (former PacketFront Network Solutions – complete FTTH solutions for the Swedish market)

·         PacketFront Shanghai Ltd (R&D center)

·         PacketFront Software Solutions AB (broadband management solutions)

·         the new, and hereby announced, PacketFront Network Products AB (advanced routers and switches for the FTTx and Enterprise markets)

The reason for this new company is to continue to strengthen the PacketFront access products’ ability to address existing and new market segments, and to liaise with other equipment and software management vendors. PacketFront Network Products AB is led by Johnny Hedlund, who was previously VP for the Access business unit.

‘‘PacketFront Network Products’ mission is to offer cost-effective and intelligent routing and switching solutions to FTTx and Enterprise customers, as well as to new customer segments. Since the founding days of PacketFront, it has been our philosophy to deliver smart network nodes that provide distributed, cost-effective control of the network traffic; for users, for services and flows. We have done this in combination with highly automated configuration options. Time has proven the validity of this solution and today, more than one million end-user ports have been sold. We are extremely excited about our business opportunities as demand is constantly growing; not only for increased bandwidth, but for increased bandwidth with secure- and controlled traffic flows,” says Johnny Hedlund CEO PacketFront Network Products AB.

‘‘This is a natural decision in order to expand our routing and switching business into new customer segments, and at the same time simplifies the PacketFront Group structure. There is an excellent and very experienced team driving PacketFront Network Products AB and I am convinced they will harness the full potential of our products,’’ says Henrik Scharp, CEO PacketFront Holding AB.