SAN DIEGO -- Entrada Networks (Nasdaq-NM: ESAN), today announced that it is restructuring its business, creating three separate wholly owned subsidiaries. The subsidiaries, all reporting to the parent company, Entrada Networks, Inc., are Torrey Pines Networks, a developer of storage area network (SAN) transport products that extend and connect SANs over IP and optical networks; Sync Research, a manufacturer of frame relay products; and Rixon Networks, a manufacturer of local area networks fast and gigabit Ethernet and other adapter cards. Entrada's restructuring effort is aimed at -- presenting a clearer picture to the investment community. Each subsidiary will operate independently, with independent line management, sales forces and marketing. The subsidiaries will maintain separate balance sheets, income statements and cash flow statements. Dr. Kanwar J.S. Chadha will continue to serve as president and chief executive officer of the parent company, Entrada Networks, Inc. "We are restructuring to better reflect the intentions of our three business units, two of which, frame relay and adapter cards, are profitable," said Dr. Kanwar J.S. Chadha, president and chief executive officer of Entrada Networks. "This restructuring will allow investors to more closely examine and better understand the company's performance and enable the SAN transport business to pursue financing that appropriately values the growth opportunity in storage networking, while giving each business the freedom to build its own brand."Entrada Networks