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Technology Stocks : Excel Switching Corporation (XLSW)

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To: alan laValley who wrote (25)2/4/1998 8:35:00 AM
From: JakeStraw  Read Replies (1) of 222
 
EconoPhone Chooses Excel Switching for Network Buildout

HYANNIS, Mass.--(BUSINESS WIRE)--Feb. 4, 1998--Excel Switching Corporation (Nasdaq:XLSW - news) announced
that it has received a $1 million purchase order from EconoPhone Inc. EconoPhone, a multi-national, facilities-based long
distance carrier, is incorporating Excel's programmable switches into its domestic and international networks.

The Excel LNX switch is currently used as an enhanced services adjunct to a traditional, non-programmable switch.
EconoPhone's future deployment of the Excel platform calls for the LNX to serve as a standalone infrastructure switch in
mid-size cities in the U.S.

Alan Levy, President of EconoPhone, said, ''The integration of Excel's advanced switching platform figures very prominently in
EconoPhone's future plans. The levels of scalability in their product family will enable our company to fit our purchasing plans
to our subscriber growth. Interchangeable T1/E1 line cards will allow us to deploy the same hardware platform across our
entire network, which extends through the U.S., Canada, U.K. and continental Europe.''

Excel's Expandable Switching System (EXS) can be configured from 1,000 ports up to 30,000 ports to support networks
from startup through high volume subscriber levels. In this way, switching resources can be added as applications become
more sophisticated and subscriber volume grows.

''Excel is excited about this new opportunity because it illustrates a transition that is taking place in our customers' markets,''
said Bob Madonna, president and CEO of Excel Switching Corporation. ''Traditionally, programmable switches have been
used as an enhanced service platform operating as an adjunct to the public network. With EconoPhone's plans, the Excel
switch will provide a network-based solution, where Excel switches are supporting both the network infrastructure and the
enhanced service platform. This is a direction we have anticipated, and we expect to see it continue as more competitive local
exchange service providers bring their products to market.''

About Excel Switching Corporation

Excel Switching Corporation is a leading provider of open switching platforms for telecommunications networks worldwide.
Excel develops, manufactures, markets and supports a family of open, programmable, carrier-class switches that address the
complex enhanced services and wireless and wireline infrastructure needs of network providers. Excel's products are currently
deployed in telecommunications networks in almost 60 countries throughout the world.

About EconoPhone, Inc.

EconoPhone, Inc. owns and operates a carrier-grade network throughout the US and Europe with corporate headquarters in
New York and a European hub in London. The company has sustained exceptional growth since it was founded in 1990 with
a strong emphasis on technological innovation and low cost structuring that enable EconoPhone to offer extremely competitive
pricing while maintaining outstanding quality. EconoPhone's aggressive network expansion includes switches in 7 major
European cities and operating agreements that reach into Northern Europe, the Baltic region and the Middle East. In the
United States, EconoPhone's current network that spans the New England and Mid-Atlantic corridor will grow to service
80% of the continental U.S. by the end of second quarter 1998.

This release may contain statements which are ''forward looking'', subject to risks and uncertainties that could cause actual
results to differ significantly from expectations. Factors that might cause such a difference include, but are not limited to, those
relating to: dependence on and concentration of relationships with application developers, original equipment manufacturers
and systems integrators; length of sales cycle; risk of new product introductions; highly competitive market; compliance with
evolving industry standards; dependence on proprietary rights; and other risks identified in the Company's Securities and
Exchange Commission filings including those risks identified in the section entitled ''Risk Factors'' of the Company's
Registration Statement on Form S-1 (File No. 333-35791) and Quarterly Report on Form 10-Q for the quarter ended
September 27. 1997.

Contact:

Excel Switching Corporation
Karen Steele
(508) 862-3145
ksteele@xl.com
xl.com
or
FitzGerald Communications
Chris Nahil
(617) 494-9500
cnahil@fitzcomm.com
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