Network Equipment Technologies, Inc.

Network Equipment Technologies, Inc. (NET) is a US-based communication technology company. The company is principally engaged in development and sale of voice and data networking solutions to global customers. The product portfolio includes voice exchange solutions, network exchange solutions, VoIP solutions, access platforms, and element management systems. It offers services such as customer support, training, education, integration, optimization, and partner support services. In addition, the company also provides solutions including, SIP trunking, unified communications, smart SIP, secure voice, multi-service access, high-speed switching and government solutions. The company`s products enable migration and integration of existing networks to IP-based communications. It commercializes products under the brand names Tenor, Promina, and netMS. The company is headquartered in Fremont, California, the US.The company reported revenues of (U.S. Dollars) USD 65.79 million during the fiscal year ended March 2009, a decrease of 43.36% from 2008. The operating loss of the company was USD 82.18 million during the fiscal year 2009, as against an operating income of USD 2.85 million during 2008. The net loss of the company was USD 53.50 million during the fiscal year 2009, as against a net profit of USD 7.15 million during 2008.