This is a significant enhancement to the product line. This release started shipping in October, and has been positively received by the market. During the third quarter, Castelle received two separate proposals to merge with the company. The Board has retained the services of the investment banking firm of C. E. Unterberg,Towbin Co. to advise the company on these and potentially other opportunities to enhance shareholder value. Castelle, founded in 1987, designs, develops, markets and supports specialized network servers for increased productivity in workgroups and distributed enterprise applications.
Products are available through a worldwide network of distributors.
The company also has relationships with selected original equipment manufacturers and system integrators and sells software enhancements and upgrades directly to end users.