Early 90s was very late to be putting in a new 4Mb Token Ring network. The 16Mb (yes, children, this was once considered high-speed) version was launched in 1988, and by then most new networks outside IBM shops were Ethernet.
I remember the shock on moving from a large company with Ethernet LANs to one using Token Ring. Patch panels that would easily fit in a standard rack needed an entire room - IBM Type 1 cabling and connectors were solid and reliable, but perhaps a tad over-engineered for those used to RJ45 and UTP.