Newbridge Networks Responds to Market Activity in its Common Shares
KANATA, Ontario, July 13, 1999 € Newbridge Networks Corporation today stated that it is unaware of any corporate developments or external factors that would explain the recent unusual market activity in the Company€s common shares.
Newbridge Networks designs, manufactures, markets and services wide area networking solutions for Internet service providers; local, long-distance, and wireless communications companies; cable television carriers; and enterprise customers in more than 100 countries. The Company leverages its relationship with more than 20 Newbridge Affiliate companies and strategic alliances with numerous other networking companies to deliver complete, end-to-end solutions. Newbridge customers include the world€s 350 largest telecommunications service providers and more than 10,000 corporations, government organizations and other institutions. Founded in 1986, the Company employs more than 6,000 people on six continents. News and information are available at www.newbridge.com.
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