BETHESDA, Md., Feb. 24, 2009 (GLOBE NEWSWIRE) -- OPNET Technologies, Inc. (Nasdaq:OPNT), a leading provider of solutions for managing networks and applications, today announced that it will replace its annual technology conference, OPNETWORK 2009 with alternative meeting formats. The thirteenth edition of the conference was scheduled to be held from August 31 through September 4 at the Ronald Reagan Building and International Trade Center in Washington, D.C. OPNETWORK is one of the industry's leading events focused on managing application and network performance.
Marc A. Cohen, OPNET's Chairman and CEO, stated, "We recently conducted a survey to better understand the plans of our client base with respect to OPNETWORK attendance this year. We found that the current economic difficulties have caused a significant number of companies to impose travel limitations, and in particular, many of our customers stated that they would not be able to attend OPNETWORK this year. Based on the information we gathered, we have decided that it makes sense under these exceptional circumstances, not to hold the conference in its usual format and location this year. OPNETWORK is an event we and our customers all look forward to each year, so this decision is a difficult one. However, because attendance would be lighter than usual, and to allow more of our clients to participate, we believe that it makes sense for OPNET to explore alternatives for 2009. These alternatives will include a number of approaches to creating venues for customer contact and in-depth discussions, including virtual classes, virtual user-group meetings, and regional meetings."
Over 2000 participants attended the Company's 12th annual technology conference, OPNETWORK 2008, held the last week of August 2008 at the Ronald Regan Building in Washington, D.C. The change in format for OPNETWORK 2009 will result in significant cost savings for the company.
Additional information regarding the cancellation is available through OPNET's website at http://www.opnet.com/opnetwork2009/
About OPNET Technologies, Inc.
Founded in 1986, OPNET Technologies, Inc. (Nasdaq:OPNT) is a leading provider of software for managing networks and applications. For more information about OPNET and its products, please visit www.opnet.com.
OPNET and OPNET Technologies, Inc. are trademarks of OPNET Technologies, Inc. All other trademarks are the property of their respective owners.
Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. OPNET Technologies, Inc. ("OPNET") assumes no obligation to update statements. Forward-looking statements are predictions based upon information available to OPNET as of the date of this press release and involve risks and uncertainties; therefore, actual events or results may differ materially. For a discussion of risk factors, see OPNET's reports, including its most recent 10-Q and 10-K, filed with the Securities & Exchange Commission.
Note to editors: The word OPNET is spelled with all upper-case letters.