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ASCEND'S ADVANCED MULTIVPN SOLUTION LEADS
VPN MARKET; FROST & SULLIVAN REPORT
CONFIRMS MARKET LEADERSHIP FOR COMPANY'S
COMPREHENSIVE MULTIVPN SOLUTION BUSINESS
EDITORS
ALAMEDA, Calif.--(BUSINESS WIRE)--Oct. 5, 1998--Ascend
Communications, Inc. (Nasdaq:ASND.O), the leader in wide area networking
(WAN) solutions for providers and users of the public network, today
announced leadership in the U.S. Virtual Private Network (VPN)
router/switch market, according to a recent report by Frost &
Sullivan. The report is testament to Ascend's commitment to providing
best-in-class MultiVPN solutions for service provider and enterprise
customers.
According to Frost & Sullivan, Ascend held the largest share of
the market with 28.0 percent in 1997, based on its installed base of
the MAX(tm) WAN Access Switch and Pipeline router product lines, as it
applies to Virtual Private Remote Networking (VPRN). Ascend's MultiVPN
solution also incorporates Virtual Private Trunking (VPT) and Virtual
IP Routing (VIPR), to provide the most comprehensive and
cost-effective VPN solution in the marketplace.
The VPN market grew at a rate of 119 percent in 1997 and is
forecasted at a compound annual growth rate of 104.1 percent through
2004, according to the report. The study also shows that Ascend was
the only company among the top four industry vendors in this rapidly
growing market that increased its market share in 1997. Frost &
Sullivan concluded that major competitors lost market share because
they continued to supply router-based VPN options when the market
demanded router/switch combinations. Ascend is the only primary vendor
offering a router/switch combination solution.
"Ascend's aggressive marketing to ISPs enabled them to gain
market share in 1997," said Suresh Joseph, Frost & Sullivan analyst.
"The company claimed the number one position and increased its market
share by creating the industry's most comprehensive VPN solution."
"This report reflects our dedication to providing innovative,
value-added services and solutions to our leading-edge customers,"
said Kurt Bauer, vice president, Access Product Marketing. "Our
MultiVPN solution leads the market for two reasons: it provides
service providers with a clear path to profitable, value-added
services, and it enables enterprise customers to cost-effectively
optimize the Next-Generation Public Network. Extending our MultiVPN
solution to encompass advanced ATM, Frame Relay, and IP services will
sustain our market leadership going forward."
Ascend's Advanced MultiVPN Solution
As a component of Ascend's Access Solutions, MultiVPN
cost-effectively and securely extends enterprise customers' network to
the Next-Generation Public Network, while creating additional
value-added, revenue-generating opportunities for service providers.
Through advanced features, including the Customer Network Management
(CNM) Gateway, Service Level Agreement (SLA) Reporting, and IP
Navigator with VPN routing, Ascend's MultiVPN solution ensures
high-availability and high-reliability VPN infrastructures.
About Ascend Communications
Ascend Communications, Inc. (Nasdaq:ASND.O) develops, manufactures,
sells and services wide area networking solutions for
telecommunications carriers, Internet service providers and corporate
customers worldwide.
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. For Investor Relations, please call our
communications hotline at 800-648-3059 or 760-704-4423 (outside the US
& Canada). Additional investor information can also be accessed on our
Web site at: 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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