AESP, INC. ANNOUNCES NEW
MANAGED MEDIA CONVERTER PRODUCTS
Miami, Florida, November
10, 2003 - AESP, Inc. (NASDAQ: AESP) today announced the expansion of the Signamax
Network Connectivity product line from AESPs Signamax Connectivity Systems Division
to include a completely new line of Managed Media Converters, along with the new Managed
Media Converter Rack Mount Chassis System that supports them.
Media converters allow data carried over copper wire to be
carried over fiber optic cable, and vice versa. This
allows a companys data network to extend over greater distances than a conventional
copper cabling plan. In addition, the security and electrical interference rejection
properties of fiber optic cable can then be realized using the companys existing
copper-based switches and hubs. Managed media
converters allow the status and alarms of the media converters in the network to be
monitored from a central location. This allows
a company or carrier to minimize its operating costs by eliminating unnecessary technician
visits to a site that is not the source of the problem.
Enterprise businesses, inter-exchange and local carriers,
and Internet Service Providers require managed systems to reduce the cost of service
maintenance for the users of their networks. remarked Steve Daily, Vice President of
the Company and General Manager of the Signamax division,
These types of businesses have purchased our media converters for
smaller applications in the past, but they also require remote management capabilities for
general use in their core operations. With the
introduction of our new Managed Media Converter System, we can now serve those
needs."
Mr. Daily continued, We believe that these new products
broaden our product offerings sufficiently to allow us to compete for a larger share of
the estimated $150 million annual media conversion market."
AESP, Inc. designs, manufactures, markets and distributes network
connectivity products under the brand name Signamax Connectivity Systems as well as
customized solutions for original equipment manufacturers worldwide. The Company offers a
complete line of active networking and premise cabling products for copper and fiber optic
based networks, as well as computer connectivity products.
This news release contains forward-looking statements, which involve risks and
uncertainties. The Companys actual future results could differ materially from the
results anticipated herein. For information regarding factors that could impact the
Companys future performance, see the Companys future filings with the U.S.
Securities and Exchange Commission, including its Annual Report on Form 10-K for 2002.
Signamax is a trademark of
AESP, Inc. in the
For further information, please contact:
John F. Wilkens, Chief Financial Officer
AESP, Inc.
1810 NE 144 Street
North Miami, Florida 33131
(305) 944-7710