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CNT was founded in 1976 as an independent Catholic voice supporting the Church's call for social justice through critical analysis.
With this background of its two principal founders, together with the increasing immoral permissiveness in society and widespread dissent from theologians, priests and laity in the Church, CNT expressed a preference for dissenting views over those of the Church from the beginning.
The selection of CNT members proves important as well.
In addition, certain directors and officers, after the proposed merger will be indemnified by McDATA and will benefit from insurance coverage for liabilities that may arise from their services as directors and officers of CNT prior to the proposed merger.
EMC has had long and successful relationships with both McDATA and CNT that have helped our customers build and deploy infrastructures for information lifecycle management.
ADDITIONAL INFORMATION AND WHERE TO FIND IT: On February 11, 2005, McDATA filed a registration Statement on SEC Form S-4 and McDATA and CNT filed a Joint Proxy Statement/Prospectus with the SEC in connection with the proposed merger.
By acquiring CNT, McDATA expands its growth and profitability potential through solutions, increased efficiency, a broader range of technologies, products and services and expanded sales opportunities, especially in Europe.
The integration of our FC/9000 Director with AppIQ SAN management software gives customers highly scalable, flexible, and manageable storage networking solutions that enable them to meet their business continuity, data protection, and regulatory compliance needs," said Ed Walsh, Worldwide vice president of Strategy, Marketing, and Alliances, CNT.
Additionally, as the application sectors for CNT demand high quality, CNT companies are taking active steps to monitor quality and ensure reproducibility.
Including ScriptLogic in our portfolio, CNT Brasil is adding value to our solutions, especially for those VARS that work with Citrix MetaFrame and Windows Terminal Server," said Alessandra Barea, product manager for ScriptLogic solutions in CNT.
We see a real opportunity to expand our customer base by providing the combination of good quality voice service, along with the high-speed Internet connections that everyone wants," said Vaagn Martirosyan, chief executive officer of CNT.
Under this agreement, CNT will take over the manufacturing and continuation engineering of the StorageTek DXE/RDS product line.
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