Contract announcement: NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: NEWBRIDGE NETWORKS CORPORATION
TSE SYMBOL: NNC
NYSE SYMBOL: NN
JULY 19, 1999
Monaco Telecom Selects Newbridge Carrier Switched Routing
Solution to Deploy IP Virtual Private Network Services:
Monaco Telecom Enters U.S. $11 Billion Global IP-VPN
Services Market
KANATA, ONTARIO--Newbridge Networks (NYSE: NN; TSE: NNC) today
announced that Monaco Telecom has selected the Newbridge(r)
Carrier Switched Routing (CSR) solution to deliver a broad range
of premium quality, Internet protocol (IP) virtual private network
(VPN) services to its business customers. Monaco Telecom offers a
range of voice and data services to Monaco's financial
institutions, industrial corporations and residential customers.
The Newbridge solution enables Monaco Telecom to expand its
service offerings to include IP-VPN services - one of the fastest
growing market segments in the industry. Leading market research
firm, Infonetics Research Inc., predicts worldwide market revenues
for IP-VPN services will exceed U.S. $11 billion by 2010.
"Monaco Telecom was seeking a reliable, highly scalable,
cost-effective networking solution that would enable us to enter
the lucrative IP-VPN services market," said Christophe Pierre,
assistant technical director, Monaco Telecom. "Our initial
concerns about quality of service are addressed by the Newbridge
CSR solution which brings the flexibility, scalability and
reliability of ATM technology to native IP. In addition, we
estimate the Newbridge solution will enable us to save more than
30 percent on our ongoing network operations budget."
CSR is the industry's first standards-based solution that maps
differentiated, premium quality IP services over a cost-effective,
fully managed asynchronous transfer mode (ATM) infrastructure. The
solution incorporates several industry standards, such as Carrier
Scale Internetworking (CSI) and multiprotocol label switching
(MPLS). It also combines the ubiquity of IP routing with the
performance, predictability and guaranteed quality of service
(QoS) of connection-oriented ATM switching to deliver routing
intelligence at switching performance and cost levels. The
resulting network emulates the services of a conventional router
or Layer 3 switch on a network-wide basis while leveraging the
scalability of ATM switching in the core. While most VPNs consist
of best-effort bandwidth tunnels across the Internet, Newbridge
CSR delivers true private routing services with security,
predictability and reliability guarantees.
Monaco Telecom is deploying CSR over the industry's best selling
ATM switch, the MainStreetXpress(tm) 36170 Multiservices Switch.
Installed in the networks of more than 350 service providers
worldwide, the MainStreetXpress 36170 Multiservices Switch
provides a broad range of interfaces and service offerings. These
service offerings include IP, broadcast quality video, voice,
native cell relay, local multipoint distribution service (LMDS),
circuit emulation for advanced private line services, voice over
frame relay (VoFR), and digital subscriber line (xDSL) services.
End-to-end network and service management capabilities are
provided by the MainStreetXpress 46020 Network Manager.
The MainStreetXpress 46020 Network Manager extends its unique
network partitioning and integrated ATM, frame relay, and time
division multiplexing (TDM) provisioning capabilities to premium
IP-VPNs. It enables service providers to assign customers to
bridged virtual local area networks (LANs) or routed virtual
subnets and then associate centrally defined IP configuration
policies and classes of service with these VPNs. Unlike
conventional routing-based solutions that require independent
configuration changes on all devices in the VPN, the
MainStreetXpress 46020 Network Manager adds new access points and
changes class of service through a single operational command.
Other components of the Newbridge CSR solution include the
MainStreetXpress 56020 Routing Services Control Point, which
provides routing policy and information on a network-wide basis,
and the MainStreetXpress 36035 Ethernet Service Unit. When
combined with other switched routing components, the 36035
Ethernet Service Unit provides intelligent packet-forwarding
capabilities to Ethernet-attached devices, offering business
customers the security and reliability they require for their
VPNs.
"We are pleased to have developed a customized, innovative
networking solution that enables Monaco Telecom to differentiate
its service offerings and compete aggressively in the IP-VPN
services markets - one of the fastest growing market segments in
the industry," said Jim Arseneault, executive vice president, IP &
Internetworking Products Group, 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 enterprise 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.
Newbridge and logo are registered trademarks of Newbridge Networks
Corporation. |
