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Technology Stocks : ADC Telecommunications
ADCT 3.920-4.6%Feb 5 3:59 PM EST

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To: Jay Mowery who wrote (979)8/30/2000 8:24:28 AM
From: max power  Read Replies (1) of 1944
 
ADCT subsidiary :

Wednesday August 30, 4:02 am Eastern Time
Press Release
G-Connect Makes Record Sale to German Multi Service Provider 'MSP'
Leading MSP Gigabell AG buys $9.6 million worth of G-Connect's POPgate Internet Access Switch for its new service freeOKAY.NET
HERZLIYA, Israel--(BUSINESS WIRE)--Aug. 30, 2000-- G-Connect Ltd, an Israeli based provider of Internet solutions made big news today when they announced a new breakthrough in their international relations with European MSPs.

Gigabell, a leading internet and telephony company based in Germany, finalized contractually that they were to buy a total of $9.6 million of Internet Access equipment to furnish their MSP needs in the coming year. The product in reference is the POPgate Internet Access Switch -- providing internet access and differentiated services to dial-up users, which will be used in the soon to be launched ``freeOKAY.NET'' services of Gigabell.

The POPgate offers the MSP original solutions and ideas of how to increase business profitability and attract more customers, by allowing them to differentiate their service and stay ahead in the MSP's ever-competitive market.

It is this very issue which the POPgate addresses in a very unique and forward-thinking way as Daniel David, CEO Of Gigabell says, ``G-Connect, through the POPgate, provides us with ways of presenting better and innovative services to our customers. We consider G-Connect as a real partner of ours. They were ready to react to our requests and develop new features which will make our new service offering, freeOKAY.NET, even more attractive.''

Alberto Eder, the G-Connect VP Sales and Marketing went on further to say that, ``Gigabell is an excellent and very advanced European MSP. G-Connect worked hard to ensure a solution to fit Gigabell's requests. We are excited about our cooperation with Gigabell and are positive that the new services which Gigabell will be offering their users will help them increase market share and grow in activity.''

About G-Connect

G-Connect (www.g-connect.com) is an innovative Israeli based company providing advanced Internet Access Solutions to service providers and telecommunication operators. As a developer, manufacturer and supplier of Internet products and services, G-Connect's special talent lies in its unique approach to differentiated services and in customizing its solutions to the service provider's needs. The leading product is the POPgate Internet Access Switch (NAS) for dial-up users. G-Connect is a subsidiary of ADC Telecommunications (Nasdaq:ADCT - news; www.adc.com) and amongst its investors are Genesis Partners (www.genesispartners.co.il), affiliates of CIBC Oppenheimer.
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