Tuesday October 28 8:56 AM EST
Company Press Release
General DataComm Announces Multimillion Dollar Agreement with Lucent Technologies
MIDDLEBURY, Conn.--(BUSINESS WIRE)--Oct. 28, 1997-- General DataComm, Inc. (NYSE:GDC), the global leader in providing real business solutions based on ATM
products and services, has signed a multi-year agreement, worth up to $90 million, with Lucent Technologies (NYSE:LU) to provide GDC APEX(R) ATM edge switches
for various customer projects.
''Today's announcement is another example of ways Lucent and GDC are working together to provide a broad range of data products to a wide variety of customers,''
said Harry Bosco, Lucent Technologies Broadband Networking Unit president. ''We have found, and our customers have confirmed, that the integration of GDC's
products to our product portfolio is a winning combination.''
''We are extremely pleased,'' said Ross Belson, GDC's president and COO, ''that the relationship between our two companies has proven so fruitful. It most certainly
reflects the success we have with Lucent in providing global network operators with the capabilities they need to furnish reliable, efficient and upgradable
telecommunications services.''
The GDC/Lucent relationship, which began in September 1995, integrates the GDC APEX family of ATM systems with Lucent's GlobeView(R)-2000 Broadband System
to serve customers. Other recent announcements between the two companies include a multimillion dollar contract to expand the use of ATM technology for the
Netherlands' PTT Telecom national broadband services network, and a new integrated network management capability between the two companies' ATM products,
enabled by ATM software, for efficient, manageable voice, video and data networking.
For more information about Lucent's products, contact Delitha Morrow Coles at 908-559-6421, or visit Lucent's Web site at lucent.com
GDC is the acknowledged global leader in providing real business solutions for telecommunications and enterprise networks based on ATM products and services. Its
comprehensive product line includes the GDC APEX family of ATM switches, used in more live networks than any other wide area ATM switch; COLOSSAS, an
innovative Advanced Network Access product family that incorporates xDSL technology for Internet and intranet access; and TDM and LAN internetworking products.
Based in Middlebury, Connecticut, GDC provides communications solutions worldwide and its Web site can be found at gdc.com |
