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Technology Stocks : BAY Ntwks (under House)

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To: saju chacko who wrote (5014)3/31/1998 8:53:00 AM
From: Neil H   of 6980
 
Saju,

And this is the sort of thing that will move it. From Yahoo:

FASTNET Selects Bay Networks' Versalar Remote Access Solutions

-- Bay Networks supports ISP's network infrastructure for implementing business connectivity
with the Internet --

SANTA CLARA, Calif.--(BUSINESS WIRE)--March 31, 1998-- Bay Networks(R), Inc. (NYSE:BAY - news), today
announced that FASTNET, a leading Communications Service Provider covering Pennsylvania, New Jersey and Delaware,
has selected Bay Networks' Versalar(TM) series 5000-based 5399 carrier-class remote access concentrator for its Internet
and VPN connection requirements, including 56 Kbps transmission. As a data communications company that utilizes the
Internet to connect customers with next-generation communications technology, FASTNET selected Bay Networks'
end-to-end concentrator solution based on its industry-leading performance, ease of configuration and manageability, as well
as its standards-based platform. The implementation plan calls for 1,600 new dial access modem ports to be added to
FASTNET's existing network.

FASTNET's strength as a regional ISP and reputation for superior Internet access have grown over the last three years
through deploying Bay Networks' routing/switching technology. FASTNET was the first ISP to use national-network
multi-homed services to provide Internet connectivity to their customers. This approach has proven to be far more reliable
than classic peering and has helped FASTNET become the tri-states regional leader in Internet enabled products and
services.

Bay Networks will provide the backbone switching technology and connectivity for dial-in users to an entirely
56-kilobit-per-second-modem-compatible network. With support for more than 2,300 simultaneous dial-in users
accommodated in a standard eight foot cabinet, the Versalar 5399 remote access concentrator gives FASTNET the
scalability and port density necessary to provide a high level of service to their regional, national and international
client-base.

''FASTNET's network is predominantly built on time-tested products from Bay Networks,'' explained Dave Van Allen, CEO
of FASTNET. ''Bay Networks offers us an easy-to-use, standards-based platform with high port density. This is hard to find
in one company. They provide a total, end-to-end solution, and are well-positioned to work with us on VPN technology and
future services such as voice or fax over IP. As a result, we have been able to achieve and offer our customers network
access that exceeds 99.999% uptime.''

With support for any current 56K technology in the same chassis, the Versalar 5399 remote access concentrator offers large
telcos and ISPs unmatched flexibility, while also providing high-density access capabilities at a low cost per-port. Based on
DSP modem technology, the Versalar 5399 remote access concentrator is also software upgradeable to support the V.90
protocol, ensuring that users can capitalize on their technology investment.

''FASTNET is a good barometer for us to measure what technology ISPs are requiring for servicing their customers,'' said
Kelly McGovern, vice president of marketing for the Internet/Telecom Business Group at Bay Networks. ''FASTNET goes
right to the cutting-edge in providing performance to their customers. At Bay Networks, we are developing forward
progressing customer-designed network technology based on our relationships with industry-leaders like FASTNET.''

Proven Solutions

The Versalar 5399 remote access concentrator is designed for the Bay Networks Versalar(TM) 5000 access switch. The
Versalar 5399 remote access concentrator module delivers industry-leading dial access density with security, call
management and integrated Digital Signal Processing (BayDSP(TM)) modem technology for service providers and
enterprise customers requiring a fully manageable, high-density access platform. DSP technology is further proof of Bay
Networks' Adaptive Networking strategy, and offers software-based migration to future functionality such as voice or fax
over IP.

The modular design of the Versalar 5399 remote access concentrator enables flexible, high-performance configurations and
consolidates all remote access traffic from dial-in analog and ISDN ports as well as industry-standard WAN and remote
connection types onto a single, integrated module. The solution provides two PRIs or Channelized T1/E1 lines with support
for up to 48 industry standard V.34 33.6 Kbps digital modems for North American networks. Up to 576 digital modems can
be configured in a single 5000 MSX chassis and 2,304 digital modems per standard eight foot carrier class cabinet for North
America.

FASTNET has also deployed Bay Networks' BHC integrated switching platform on the Versalar 5000 access switch, Bay
Networks Optivity(R) management software, and uses Bay Networks' router technology for both internal network IP and
ATM and customer edge solutions.

About FASTNET

FASTNET(TM) is located near Philadelphia, Pennsylvania. As one of the country's first regional Internet providers with a
concentration on business data communications, FASTNET serves some of the world's largest organizations with services
that range from classic Internet access to Virtual Private Networks and beyond.

FASTNET's network infrastructure and coverage spans Pennsylvania, New Jersey and Delaware with multiple high-speed
45Mb (T3) backbones direct to the major Internet carriers such as UUNet and Sprint, with additional T3 connectivity to
MAE-East and the NY-NAP. FASTNET's Intra-region MAN architecture is OC-3 and OC-12 based. Besides classic
business Internet services, FASTNET operates one of the largest personal and business VPN dial-up access systems in the
northeast, and provides outsourcing of remote access services to large corporations, universities and hospitals. FASTNET's
Network Design Group provides data network design and planning, security and equipment provisioning.

FASTNET's client list is comprised of Fortune 500 companies, technological leaders, hospitals, universities and government
agencies, and includes Cellular One, Lucent Technologies and the state of Delaware. For more information, contact
FASTNET at 888-321-FAST, fast.net or send Email to internet@fast.net.

About Bay Networks

Bay Networks - Where Information Flows(TM). Bay Networks, Inc. (NYSE:BAY - news) is a leader in the worldwide
networking market, providing a complete line of products that serve corporate enterprises, service providers and
telecommunications carriers. The company offers frame and ATM switches, routers, shared media, remote and Internet
access solutions, IP services and network management applications, all integrated by Bay Networks' Adaptive Networking
strategy. With headquarters in Santa Clara, California, Bay Networks markets its products and services around the world,
providing 7x24 support coverage. For additional information visit the company's World Wide Web site at
baynetworks.com or call 800-8-BAYNET.

This release, other than historical financial information, may consist of forward-looking statements that involve risks and
uncertainties. These statements may differ materially from actual future events or results. For instance, factors which could
cause results to differ from future events include the rate of adoption of new technology, competitive pricing actions and
marketing programs, among others. Readers are referred to the documents filed by Bay Networks with the S.E.C.,
specifically the most recent reports on forms 10-K and 10-Q, which identify important risk factors which could cause actual
results to differ from those contained in the forward-looking statements.

Bay Networks and Optivity are registered trademarks. Bay Networks Where Information Flows, Versalar and BayDSP are
trademarks of Bay Networks, Inc. Other brand and product names are registered trademarks or trademarks of their respective
holders.

Regards

Neil
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