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Technology Stocks : CrossKeys Systems Corporation

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To: Steve Bevington who wrote (31)	1/19/1998 9:14:00 PM
From: pat mudge	of 39

Steve -- Here's a recent news release affecting both NN and CKEYF. I've held CKEYF since about a week after its IPO and I have to admit this is the first time I've seen the thread. Would you like me to contact the webmaster and get a thread started under "Communications?" I think it would get more followers. Since I'm new here, I'll wait for your guidance. Regards, Pat <<< Mon 19 Jan 98 In the News See Newbridge Networks Corporation (NNC) In the News The Globe and Mail reports in its Saturday, January 17, edition that Canadian telecommunications companies expanded their foothold in the vast, undeveloped Brazilian market yesterday, leading the parade of 66 companies signing business deals with Brazilian counterparts. The Globe's Shawn McCarthy writes that Newbridge Networks signed the biggest contract, a $25 million deal to supply its ATM data switching technology to Brazil's long distance carrier Embratel, or Empresa Brasileira de Telecomunicacoes. Newbridge spinoff CrossKeys Systems executed a letter of intent worth $2.9 million with Digital Equipment do Brazil to supply traffic management software for the Telecomunicacoes do Parana, or Telepar, telephone network. The federal Export Development Corp. (EDC) signed seven pacts, establishing $158 million in lines of credit. The EDC negotiated a $60 million line of credit to support future sales by Newbridge and Northern Telecom to Embratel. Nortel had $500 million in sales in Brazil last year.<<<

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