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Technology Stocks : Newbridge Networks
NN 16.12+1.6%3:59 PM EST

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To: Ian@SI who wrote (13030)8/25/1999 11:23:00 PM
From: jeff greene   of 18016
 
Speaking of giving service providers additional revenue services.. I believe this one was overlooked yesterday:

xdsl.com

PixStream and Newbridge Networks Sign Commercial Agreement
Tuesday, August 24, 1999

(WATERLOO, ONTARIO, August 24, 1999) - PixStream Incorporated, a leading developer of video networking solutions, today announced that it has signed a global distribution agreement with Newbridge Networks Corporation. The non-exclusive reseller agreement is a strategic move for both companies, enhancing the Newbridge® portfolio of networking products and strengthening PixStream's sales channels.

Network service providers are currently using PixStream video networking solutions to provide their customers with leading-edge video services and applications such as: TV content redistribution, broadband interactive video (video conferencing, interactive distance learning, telemedicine and monitoring applications) and video couriering.

Under the terms of the agreement, PixStream products will be sold through Newbridge worldwide distribution channels. Products covered by the agreement include the PixStream VDS5000 video networking system and PixStream VDSmanager video networking management software.

The PixStream VDS5000 video networking system is a complete broadcast video head-end in a box. The system takes in uncompressed and compressed video feeds from any video source, adapts them as needed and then transmits them as MPEG-2 video signals natively or within an IP multicast format over an asynchronous transfer mode (ATM) infrastructure.

The system is managed by VDSmanager video networking management software. This software fits seamlessly into the Telecommunications Management Network (TMN) model and into the network service provider's existing network management infrastructure, which might consist of the MainStreetXpress 46020 Network Manager from Newbridge, HP OpenView or another SNMP based network management system. Solution-oriented modules for specific carrier operator applications and tasks (for example, simultaneous program substitution - where one channel is substituted for another as may be required by
broadcaster content regulations) are also part of PixStream VDSmanager.

"The addition of PixStream video networking solutions to the Newbridge portfolio of access networking products is very important to Newbridge, especially now that many network service providers are looking to offer bundled services to their customers," said Matthew Green, Director, Access Solutions, Newbridge Networks.

"Newbridge has a strong presence in the global network service provider market," said Dave Caputo, Vice President of Marketing, PixStream. "The distribution agreement, with its associated Newbridge 90 level part numbers, has essentially increased the size of our sales force - exponentially. We are looking forward to working with the Newbridge sales force to provide video networking solutions to network service providers all over the world."

PixStream has many TV content redistribution trials underway with network service providers in the United States, Europe and Canada.

PixStream Incorporated

PixStream develops, manufactures and globally markets hardware and software solutions that enable network service providers and enterprises to reliably distribute and manage digital video. Using PixStream solutions, high quality video and audio can be transported more efficiently over broadband networks, optimizing bandwidth and enabling customers to introduce leading-edge video services and applications. Founded in 1996, PixStream is based in Waterloo, Ontario, Canada and has offices in Ottawa, Ontario, Canada and Newport, South Wales, United Kingdom. More information is available at
www.pixstream.com.

Newbridge Networks

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 corporate customers in more than 100 countries. The Company leverages its relationship with a growing family of 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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