ASND News 6/24/96
BW1200 JUN 24,1996 6:28 PACIFIC 09:28 EASTERN
( BW)(ASCEND-COMMUNICATIONS)(ASND) Martin Lee Schoffstall Named To
Ascend's Board of Directors; Noted Internet Entrepreneur to Help
Guide Ascend's Strategy for the Internet Market
Business Editors & Computer Writers
ALAMEDA, Calif.--(BUSINESS WIRE)--June 24, 1996--Ascend
Communications, Inc. (NASDAQ: ASND) today announced that Martin Lee
Schoffstall has been named to the company's board of directors. "We
are extraordinarily pleased to have Marty working with us in a
strategic capacity during what we see as a pivotal period in the
history of the Internet," said Mory Ejabat, Ascend's president and
CEO.
In just a few short years Ascend has emerged as a leading
provider of Internet access and remote networking solutions for ISPs,
corporate central sites, remote offices, Carriers and RBOCs.
"Ascend's leadership position is the result of some astute
predictions we made early on about the growth of the Internet and
direction of corporate networking -- but we have just begun to unlock
this market's potential," Ejabat said. "Marty's vision and
expertise in the Internet infrastructure will be a tremendous asset
in keeping our remote networking product strategy on target and we
are very pleased to have the benefit of his experience as we continue
to address these exciting markets."
Schoffstall is known throughout the industry as the co-founder of
the world's first commercial Internet Service Provider, PSINet. The
entrepreneurial vision behind PSINet grew out of his experience as
vice president of technology and co-founder of NYSERNet (New York
State Education and Research Network) in the late '80s. He is also
one of four co-authors of the Simple Network Management Protocol
(SNMP), the industry standard for network management. He was named
one of the top 25 "Network Visionaries" by Communications Week in
1992 for his role in helping to shape the internetworking industry.
Earlier this year, Schoffstall founded Epicenter, Inc., a content
provider of Entertainment, Software Technology and on-line gaming for
the World Wide Web; he serves as president and CEO of the new
company. Schoffstall has a B.S. in Computer and Systems Engineering
from Rensselaer Polytechnic Institute
Ascend Communications
Ascend Communications, Inc. is a leading, worldwide provider of
remote networking solutions for corporate central sites, Internet
Service Providers' points of presence, remote offices, mobile workers
and telecommuters. Ascend develops, manufactures, markets, sells and
supports products which utilize bandwidth on demand to extend
existing corporate networks for applications such as remote LAN
access, Internet access, telecommuting, SOHO connectivity and
videoconferencing/multimedia access. Detailed information on Ascend
products, news announcements, seminars, service and support is
available on Ascend's home page at the World Wide Web site
ascend.com.
Ascend is headquartered at 1275 Harbor Bay Parkway, Alameda,
California 94502. Phone: 800/621-9578; Fax 510/814-2300; E-mail:
info@ascend.com.
--30--jf/sf* lmm/sf
CONTACT:
Gallagher PR
Kevin Gallagher, 510/743-7830
kevin@gpr.com
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS
INTERACTIVE/MULTIMEDIA/INTERNET MANAGEMENT CHANGES
REPEATS: New York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or
800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473
BW URL: businesswire.com
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