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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST

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To: djane who wrote (52713)8/25/1998 10:52:00 AM
From: djane   of 61433
 
Quest Net Signs Contract With WorldCom For Direct ATM Access into the Internet Cloud at 45Mbps, Connection to Mae-Dallas and to the WorldCom Worldwide ATM/Frame Network.

BusinessWire, Tuesday, August 25, 1998 at 09:23

DENVER--(BUSINESS WIRE)--Aug. 25, 1998--Quest Net Corp
(OTC BB:QNET) has signed a four-year contract with WorldCom, a global
telecommunications company with established operations in over 50
countries encompassing the Americas, Europe and the Asia-Pacific
regions. WorldCom is a premier provider of facilities-based and fully
integrated local, long distance, international and Internet services.
WorldCom's global networks, including its state-of-the-art
pan-European network and transoceanic cable systems, provide
end-to-end connectivity to over 35,000 buildings worldwide, for the
installation of a DS-3 (45 Mbps) frame relay service. The agreement
makes Quest Net one of the largest bandwidth regional Internet Service
Providers in the state of Florida.
The Installation of this direct DS-3 (45Mbps) ATM connection to
Dallas brings Quest Net one step closer to the completion of our
nationwide ATM-based network," said Camilo Pereira, Chief Executive
Officer of Quest Net. "We anticipate that Quest Net's network will
span all four official NAPs cities by March 1998, allowing even more
business Internet users to utilize our high-quality Internet and
Intranet services for their communications needs."
"This contract gives Quest Net customers an extra 45 Mbps
connectivity to the Internet cloud," said Pereira. "It is part of our
company's ongoing strategy of providing high-quality, high-speed
Internet access and superior customer service. Quest Net is committed
to offering our customers the fastest, most reliable Internet services
available. By relying on WorldCom's vast network topology, we can
ensure that our customers receive high-quality access, and the fastest
connections available in the state of Florida."
In addition to the WorldCom agreement, Quest Net (OTC BB:QNET)
has also recently sign an agreement for a T-3 (45 Mbps) frame relay
service under a contract with PSINet (NASDAQ:PSIX), one of the world's
largest independent commercial Internet Service provider. The PSINet
contract also gives, Quest Net a 45 Mbps connectivity to the Internet
cloud, The T-3 relay system is capable of receiving over six billion
hits per day
Based in Fort Lauderdale, Fla., Quest Net (OTC BB:QNET) operates
its own OC-12 (622Mbps) Fiber optic self-healing SMARTRing backbone
leased from BellSouth (NYSE:BLS) running from Key West to Sebastion,
Fla. is a provider of secure, full-service global Internet and
Intranet broadband digital networking solutions for businesses and
individual. Quest Net is one of the largest regional Internet Service
Providers with Dial-up POP's (point-of-presence) in 228 cities and over
2000 clients, mostly small businesses. It also offers dedicated
high-speed Internet access, metropolitan and wide area network data
transport services, including virtual private networks, to several
commercial clients and other ISP's, and Wireless Internet Connection
at a speed of up to three Mbps to a distance of eight miles on a
license free spectrum. Quest Net offers one of the fastest and cleanest
routing system for the transfer and delivery of voice, video and data
streams at speeds ranging from 64 Kbps to 155 Mbps (OC-3), as well as
frame relay connections at speeds up to 45 Mbps
WorldCom, Inc. (NASDAQ:WCOM) is a global telecommunications
company with established operations in over 50 countries encompassing
the Americas, Europe and the Asia-Pacific regions. WorldCom is a
premier provider of facilities-based and fully integrated local, long
distance, international and Internet services. WorldCom's global
networks, including its state-of-the-art pan-European network and
transoceanic cable systems, provide end-to-end connectivity to over
35,000 buildings worldwide. WorldCom's World Wide Web address is:
wcom.com. On Nov. 10, 1997, WorldCom announced a
definitive merger agreement with MCI Communications Corporation. The
merger is expected to be completed this summer.

CONTACT: Quest Net
George Elia, 954/567-1008
info@ipquest.com
ipquest.com
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