SOURCE: Q Inc

August 11, 2005 09:00 ET

Executive Team Announces Management Buyout of Q Inc

SAN FRANCISCO, CA -- (MARKET WIRE) -- August 11, 2005 -- Q Inc, an emerging leader in the network quality monitoring industry, today announced that its executive team has signed a definitive agreement to acquire the company from its former parent, interNetwork AG. The group, led by CEO Jeff Lindauer, purchased all shares of the company as well as all rights to develop, market and sell Q's agent technology worldwide.

The management buyout allows Q to focus on the rapidly emerging opportunity for its flagship Q-Agent product family. Q remains managed by the same team that has developed Q-Agent with all significant executives participating in the new corporate entity. Key product development and customer-focused functions will be enhanced and accelerated by the independent and privately held company.

Commented CEO Jeff Lindauer, "This last year we have seen a steady escalation of interest in the unique potential of Q-Agent. The size and immediacy of this opportunity made it essential that we focused tightly on this core asset. This management buyout is the strongest possible indication of our confidence in our technology. We are convinced that our experience as a team will take the company to a prominent and sustainable market position."

Q's products provide service providers like telecommunication carriers and cable operators with the unprecedented ability to present a highly specific and accurate view of how data services are delivered to and actually consumed by customers. Q products extend Quality of Experience (QoE) insight beyond the traditional edge of the network to an end user's device, providing metrics on how specific application protocols are performing.

Q Inc, formerly known as interNetwork, was founded in 1999 and quickly built a significant customer base of large global telecommunications carriers such as Deutsche Telekom and France Telecom for its service quality testing software. The experience gained in the development of Q's technologies and customer relationships supports these new product initiatives and company structure.

About Q

Q develops software that helps communications service providers gain unique insight into their customers' Quality of Experience (QoE). Q's flagship product, Q-Agent, offers a multi-faceted knowledge base and a quantifiable QoE index that extends down to individual users and protocols. Armed with an entirely new understanding of the user experience, service providers improve customer satisfaction, reduce support costs and streamline product implementation. Q-Agent runs on end user devices such as PCs, wireless data cards, smartphones and set top boxes.

Q is headquartered in San Francisco. Additional information can be found at www.q-hq.com.

Contact Information

  • Contact:
    Peter Mansfield
    Director of Marketing
    Phone: (310) 245-9600
    Mail: Email Contact

    Jim Bean
    VP Business Development
    Phone: (415) 354-4900
    Email Contact