Ascend Leads Market Share in WAN Access Revenue for Q1 98; Dataquest
Figures Show Ascend On Top in Access Concentrator Market
07:59 a.m. Jun 01, 1998 Eastern
ALAMEDA, Calif.--(BUSINESS WIRE)--June 1, 1998--Ascend Communications,
Inc. (NASDAQ:ASND), a leader in wide area networking (WAN) solutions for
providers and users of the Public Network, today announced Q1 1998 research
findings from Dataquest that place Ascend as the revenue leader in the access
concentrator market.
"Ascend is pushing ahead in this hotly contested remote access
market," said George Hunt, director and group leader of the Remote
LAN and Internet Access Group at Dataquest. Per Dataquest, Ascend
accounted for 30.5 percent revenue market share, or $129.8 million
of the $425.4 million of the remote access concentrator market
beating out second and third place Cisco and 3Com. This
independently generated data validate Ascend's remote access leadership, and build
on its growing success.
"We continue to lead in the access market by providing innovative products our
customers demand," said Kurt Bauer, vice president of product management for
Ascend's Access Switching Division. "Our MAX(tm) and MAX TNT Wan access
switches provide customers with high-value multi-service platforms, offering a
broad range of value-added functions, such as MultiVPNs and MultiVoice for the
MAX. The MAX product family is managed by NavisAccess, Ascend's network
management products for the access environment, which also includes Multiband,
Pipeline, and GRF products."
Demonstrating progressive growth in access concentrators, Ascend's market share
end-user revenues increased over the past three years to $691.86 million in 1997
from $532.18 million in 1996 and $130.89 million in 1995, according to Dataquest.
Dataquest figures also reveal that Ascend was the only major vendor to increase
revenue generated by remote access server sales in 1997. Ascend's revenue in this
segment increased 33 percent, while market share doubled to 9.5 percent from 4.7
percent. About Ascend Communications
Ascend Communications, Inc. develops, manufactures, sells and services wide area
networking solutions for telecommunications carriers, Internet service providers and
corporate customers worldwide.
Press and industry analysts, please contact: Christine Andrews, Alexander
Communications, 415/923-1660 (ext.138), candrews@alexandercom.com.
Investors and financial analysts, please contact: Kristina Graziano, 510/747-2345,
kristina.graziano@ascend.com; or all other inquiries please call toll-free:
800/ASCEND4.
For more information about Ascend and its products, please visit the Ascend web
site at www.ascend.com, or send e-mail to info@ascend.com. Ascend is
headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda, Calif.
94502; phone is 800/ASCEND4 and fax is 510/814-2300.
The foregoing statements may contain forward-looking statements that are based
on current expectations and involve risks and uncertainties. Actual results could
differ materially from these expectations as a result of factors including, but not
limited to, the Company's success in developing, introducing or shipping new
products, competition, the mix of distribution channels employed, the Company's
dependence on single or limited source suppliers for certain components used in its
products, risks inherent in international sales, seasonality and general economic
conditions. These and other factors are discussed in Ascend's 10-K, 10-Q and other
filings made periodically with the Securities and Exchange Commission.
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