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Technology Stocks : Westell WSTL
WSTL 6.400+1.1%Jan 30 9:30 AM EST

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To: bill c. who wrote (8162)12/8/1997 4:58:00 PM
From: Leo Mitkievicz  Read Replies (1) of 21342
 
hi bill

Nortel got a contract for its new 1-meg. From the Nortel press release:

<<Joanne Latham
Nortel
919-992-7851
joanne_latham@nortel.com

Nortel (Northern Telecom) Begins Mass-Market Deployment of its 1-Meg Modem Service With
$US 20 Million Sale to Transwire Communications L.L.C.

Market leader will deploy high-speed Internet access and multi-media and video-streaming capability to businesses and
consumers in New York City in early 1998 using a Nortel data network

RESEARCH TRIANGLE PARK, NC -- Nortel (Northern Telecom) today announced that Transwire Communications, a
leading-edge information communications carrier, based in Manhattan, has awarded Nortel a $US 20 million contract for a
data network and Nortel's recently announced 1-Meg Modem service. The contract will enable Transwire Communications
to offer businesses and consumers in New York City Internet access at speeds of up to one megabit per second-17 times
faster than 56K modems-with simultaneous voice service over a single telephone line.

Nortel will provide Transwire Communications with key elements of an end-to-end data network that include DMS
SuperNode central office switches, Nortel's Magellan Passport ATM switches and 1-Meg Modem equipment.

"Finally, small businesses, corporate telecommuters and other consumers will have the high-data speed they've been waiting
for at an affordable price. At eight times the speed of dual-channel ISDN, small businesses will have access to an extremely
reliable, 24-hour-a-day extended network," said Terrence Peck, chief executive officer, Transwire Communications.
"Telecommuters will be able to conduct video conferences from home and download full-motion video clips and audio files in
seconds. Moreover, these consumers will be able to access corporate intranets faster than ever before."

"Fast, reliable Internet access is becoming a key differentiator in the battle to attract and keep new subscribers in a
competitive marketplace," said Glenn Falcao, vice-president and general manager, Nortel Public Data Networks. "Nortel's
plug-and- play 1-Meg Modem service can be deployed quickly and cost-effectively by leading-edge companies like
Transwire to win subscribers."

In addition to high-speed Internet access, Transwire Communications also will offer extranet and Transwire intranet
Break-Speed TM communication services including high-quality video and audio streaming, video conferencing, interactive
voice response, voicemail, real-time credit card, Secure Electronic Transfer (SET) and Electronic Data Interchange (EDI)
transactions, and corporate intranet connections and city-wide extranet services, among others.

Initial targets for the service will be small businesses, work-at-home professionals and power users, with a later roll-out to the
residential market. The services will be offered initially in Manhattan in early 1998.

Announced in October, Nortel's 1-Meg Modem solution is a mass-market, plug-and-play high-speed data solution that
delivers Internet access at up to 1 megabit per second-17 times faster than a 56k modem-with simultaneous voice service.
The 1-Meg Modem solution is based on Nortel's Consumer Digital Modem TM (CDM) technology.

It requires no rewiring in the central office, and no subscriber service call to install a voice/data "splitter." It is compatible with
current voice features and extension phones in the home or business. The service is extremely tolerant of phone-line length and
condition, and is compatible with the vast majority of all non-loaded telephone lines.

Nortel is currently working with other industry leaders, including Rockwell, to speed the deployment of CDM technology.

Transwire Communications is an information communications carrier bringing reliable, high-speed, high-bandwidth capabilities
direct to telecommuters within large corporations, small businesses and other consumers using the most advanced technologies
available. >>

Leo
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