GDC
news affecting GDC
Thursday November 11, 8:27 am Eastern Time
Company Press Release
SOURCE: NETRIX Corporation
NETRIX/OpenROUTE Lands $10 Million Deal
- Sonic Telecom Adopts Award-Winning Internet Telephony Products -
HERNDON, Va. and WESTBORO, Mass., Nov. 11 /PRNewswire/ -- NETRIX Corporation's (Nasdaq: NTRX - news)
and OpenROUTE Networks, Inc.'s, (Nasdaq: OPEN - news) award-winning Internet Telephony products have been adopted
by Sonic Telecommunications International, Ltd., (Sonic Telecom) as that company's Voice over Packet Solution for voice and
data services. Sonic Telecom, an international digital communications solutions provider, has already begun the implementation
phase installing NETRIX/OpenROUTE equipment in several of its major telecommunications points of presence with significant
quantities of additional NETRIX/OpenROUTE equipment to immediately follow.
Based in Chantilly, Virginia, Sonic Telecom provides seamless end-to-end international multimedia service and billing by the
byte for international broadband communications over its ATM network. Sonic Telecom's state-of-the- art network is designed
and maintained to provide high-speed service for video, voice and data traffic.
According to Sonic Telecom, Ltd. President and Chief Executive Officer Todd Ruelle, ''NETRIX/OpenROUTE's solutions
provide a unique combination of price and performance that allows Sonic Telecom to provide high quality voice services over
our international network. We consider their equipment to be a strategic enabler and we expect to deploy in excess of $10
million of NETRIX/OpenROUTE equipment over the next 12 months.''
Steven T. Francesco, NETRIX Chairman and Chief Executive Officer, commented, ''We are pleased to have our solutions
adopted by such a fast- growing, innovative firm as Sonic Telecom. I believe this represents the start of a trend of Service
Providers merging NETRIX and OpenROUTE technologies that will be key to delivering new services.''
Todd Ruelle added, ''We are excited about the new products that will be coming out of the combined NETRIX/OpenROUTE
company. We expect to see significant requirements for the kinds of solutions that these two companies can provide.''
Bryan R. Holley, OpenROUTE Networks President and Chief Executive Officer added, ''A $10 million opportunity validates
the strategy and direction of the combined NETRIX/OpenROUTE company. The strength of our product sets merging will
provide Sonic and other Service Providers with a growth path for years to come. If anyone needed evidence as to why
NETRIX/OpenROUTE makes sense, this is it in a nutshell -- and this is only scratching the surface.''
About Sonic Telecom, Ltd.
Privately-held Sonic Telecom is an international digital communications solutions provider of access, transport and termination
for transmission of video, data and voice on a single ATM network at a fraction of the cost -- and with greater flexibility -- than
private lines and frame relay services. It has points of presence in Amsterdam, Brussels, Frankfurt, London, New York, and
Paris. The Chantilly, Virginia-based company plans service expansion throughout North America in 4Q'99. General
DataComm (NYSE: GDC - news) and Viatel International, Inc. (Nasdaq: VYTL - news) are equity holders and strategic
partners in the company. More information on the Web at: www.sonictelecom.com.
About NETRIX
NETRIX Corporation is a worldwide provider of voice and data networking products. NETRIX products are designed to
transport voice over data networks to enable its customers to realize significant cost savings. NETRIX's customers include
multinational corporations, emerging service providers, and government agencies in over 60 countries worldwide. On
September 30, 1999, NETRIX announced it had signed a definitive agreement to merge with OpenROUTE (Nasdaq: OPEN -
news). This agreement still requires regulatory approval, as well as the approval of the shareholders of both companies in order
to be completed. NETRIX corporate headquarters are located at 13595 Dulles Technology Drive, Herndon, Virginia 20171.
Additional information can be found on the company's website at www.netrix.com.
About OpenROUTE
OpenROUTE Networks, a leading provider of Internet Access products, is ''Opening the Internet for Business.''
OpenROUTE commercialized the industry's first multi-protocol router in 1985. All products feature OpenROUTE router
software, which is recognized by the industry as the best in its class. OpenROUTE software is licensed by IBM, Digital,
Ascend Communications, Motorola and many leading vendors. Today, OpenROUTE software powers more than 200,000
routers worldwide. For more information, contact OpenROUTE Networks, Inc., Westboro, Mass., at 800-545-7464 or on
the World Wide Web at openroute.com.
Safe Harbor Statement
This press release contains forward-looking statements that involve a number of risks and uncertainties, including references to
the success of new products and the transition between the sale of old products and the sale of new products. Readers are
cautioned that all forward-looking statements are subject to risks and uncertainties, including, without limitation, the timing of
new announcements or introductions by the Company and its competitors, the hiring and retention of key employees,
competitive pricing pressures, the manufacturing of products, the need for capital, dependence on third parties for
manufacturing, components and products, general economic conditions in the United States and international markets, and the
risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and
Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only
as of the date hereof. The Company undertakes no obligation to publicly release the result of any revisions to these
forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
SOURCE: NETRIX Corporation
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and News:
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Viatel Inc (NasdaqNM:VYTL - news)
Related News Categories: computers, networking, telecom
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