NWK: Recent Developments Signal Solid Growth

A San Francisco presenter is very confident Network Equipment Technologies is entering a significant growth phase (NASDAQ: NWK, $4.36). Some of the largest global companies have already been deploying Network's unified communications (UC) boxes, but the launch of Lync by Microsoft, NWK's partner in UC, this week will accelerate deployments at clients' regional offices. According to the presenter, Royal Dutch Shell is planning to install two of NWK's UC boxes at 700 locations around the world, which alone would add $30-40 million to the company's top line. Schlumberger, Estee Lauder, Accenture are other examples of companies with global presence that are quickly transitioning from using UC at just their headquarters to installing it multiple branches.