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Technology Stocks : Lucent Technologies (LU)
LU 2.680+4.9%3:59 PM EST

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To: MRE who wrote ()12/1/1999 10:53:00 AM
From: KYA27  Read Replies (1) of 21876
 
Lucent, Sun Ally to Create the Infrastructure to Support the Net Economy
MURRAY HILL, N.J./PALO ALTO, Calif.--(BUSINESS WIRE)--Dec. 1, 1999--Capitalizing
on their expertise in communications networking and network computing, industry leaders
Lucent Technologies (NYSE:LU - news) and Sun Microsystems, Inc. (NASDAQ:SUNW -
news) today said they have allied to create infrastructure needed to support next-generation
Internet business applications.

In a related announcement, the companies described four new electronic business offers for
enterprises, ISPs, applications service providers and other carriers that will speed delivery
of next-generation electronic business services.

The collaboration includes a Lucent commitment to use up to $500 million of Sun's
carrier-grade next-generation Netra(TM) servers over seven years as the platform for
Lucent's new Flexent(TM) wireless network architecture; delivery of new versions of
Lucent's breakthrough softswitch technology and 7R/E feature servers on a range of Sun
servers; and joint investigation of high-speed optical interconnects for Sun's servers utilizing
Lucent's new OptiStar(TM) technology.

``These are the first steps in a joint effort to create the communications environment that will
support not just E-Commerce and information services, but new electronic business models
evolving in the industry,' said Rich McGinn, Lucent's CEO. ``This collaboration between the
`comm' and `.com' leaders will help us equip our customers with interactive platforms for
supporting next-generation electronic business.'

Scott McNealy, Sun's chairman and CEO, said, ``Sun and Lucent are known for building the
most reliable, most scalable communications networking and computing infrastructures in the
world. This collaboration is a direct response to our service provider and enterprise
customers, who want access to Internet-based services that will work across all wireless,
wireline and optical infrastructures--for access anytime, anywhere, on any device.'

Wireless Network Infrastructure

(click here for more: biz.yahoo.com )
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