NETWORK PERIPHERALS, INC

Network Peripherals designs and sells Ethernet and Gigabit Ethernet switching solutions for LANs. The company is a retailer of computers, software, and computer peripheral equipment. All of the Company's switches are based on its flexible NuWaveArchitecture that builds with its proprietary ASICs. This architecture is designed to enable the company to deliver standards-based switches that can work with a variety of existing LAN infrastructures and technologies. Network Peripherals is a U.S.-based company that was founded in 1994 by Gordon Stitt. The company was acquired by FalconStor Software on May 11, 2001.