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Technology Stocks : Newbridge Networks
NN 14.04-1.2%3:59 PM EST

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To: Walter Prager who wrote (17996)5/25/2000 10:14:00 PM
From: zbyslaw owczarczyk  Read Replies (1) of 18016
 
Appointments in Alcatel's Senior Management

Paris, May 25, 2000, -- Alcatel today announced several appointments within the company's
senior management.

Following the completion of the acquisition of the Newbridge company, Pearse Flynn, formerly
President and Chief Operating Officer of Newbridge, has been appointed President of Alcatel's
Carrier Networking Group. In his new role, Pearse will lead Alcatel's networking and
internetworking activities aimed at the carrier market. He will join Alcatel's Executive
Committee.

Christian Reinaudo, President of Alcatel's Optics Group and Ron Spithill, President of Alcatel Asia Pacific, will also join Alcatel's Executive
Committee.

Following recent initiatives by key carrier customers to concentrate their Central and South American operations in Miami, Alcatel will
relocate the supervision of its South American operations to Miami. They will become part of a new organization named Alcatel Americas,
which will include Alcatel USA, Alcatel Latin America and Alcatel Canada. Newbridge Networks will, in due course, cluster all Alcatel
operations in Canada into the new Alcatel Canada.

"As we focus our business on high growth areas, we must ensure that the way we organize our business and our global presence are
consistent with our strategic direction", said Serge Tchuruk, Chairman and CEO of Alcatel. "I am really pleased that with the current
appointments we now have full representation of Alcatel's business activities and geographic reach at the most senior decision making
forum".

With today's appointments, Alcatel's Executive Committee has been expanded. Alcatel's senior management, including Serge Tchuruk,
Chairman and CEO, Jean Pierre Halbron, President and Chief Financial Officer and Krish Prabhu, Chief Operating Officer of Alcatel and
CEO Alcatel Americas, is now seconded by the following Executive Committee members:

Martin De Prycker, Chief Technology Officer
Julien De Wilde, President of Alcatel Europe, Middle East, Africa and India (EMAI)
Pearse Flynn, President of Carrier Networking Group
Olivier Houssin, President e-Business Group
Christian Reinaudo, President of Optics Group
Ron Spithill, President of Alcatel Asia Pacific

The Telecom Components and Energy Cables will continue to report to G‚rard Hauser, untill the projected IPO of the cable business is
successfully completed. G‚rard Hauser will be proposed as the CEO of the new Cables Company.

About Alcatel
Alcatel builds next generation networks, delivering integrated end-to-end voice and data networking solutions to established and new carriers,
as well as enterprises and consumers worldwide. With 120,000 employees and sales of EURO 23 billion in 1999, Alcatel operates in more
than 130 countries. For more information, visit Alcatel on the Internet: alcatel.com

For more information, contact Corporate Communications.

Copyright ¸ 1995-2000 Alcatel.
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