Eastern Research Acquires Avail

Eastern Research buys Avail Networks, extending its access networks portfolio to intelligent last-mile broadband solutions

July 31, 2003

1 Min Read

MOORESTOWN, N.J. -- Eastern Research, Inc., a subsidiary of Allen Organ Company of Macungie, Pennsylvania (NASDAQ:AORGB), today announced that it has acquired the assets of privately-held Avail Networks of Ann Arbor, Michigan. Avail Networks’ intelligent last-mile broadband solutions enable service providers worldwide to deliver more revenue-generating services to their enterprise customers from a single, customer located platform across metro fiber, traditional wireline and wireless access networks. Avail’s flagship Frontera™ products deliver multiple services to end-user sites in a variety of subscriber locations and configurations.

The acquisition of Avail reinforces Eastern Research’s commitment to leadership in the access network market. With the addition of the Frontera Enterprise Gateway products to its existing product offerings, Eastern is strategically positioned as a leading supplier of network access solutions for next-generation convergence applications such as integrated data, voice, and video over single broadband connections.

Under the terms of the agreement Eastern will acquire the technology assets and personnel of Avail Networks and will maintain an auxiliary office in Ann Arbor, MI.

According to Michael Doyle, President of Eastern Research, “The Avail acquisition represents a significant milestone for Eastern Research. The Frontera product family leverages our current sales and marketing efforts, enabling us to address additional requirements among our current customers and to pursue new opportunities.” Doyle continued, “The long term value of the acquisition is the Avail team and the intellectual property that they have developed during their tenure together.”

Eastern Research Inc.

Avail Networks Inc.

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