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Technology Stocks : FORE Inc.

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To: Bald Man from Mars who wrote (8257)4/25/1998 1:04:00 PM
From: Luke  Read Replies (1) of 12559
 
Anybody disagree with this claimed.

>>>>>
FORE Systems Secures Leadership Position In
Fourth Quarter '97 ATM Enterprise Backbone
Switch Marketshare

Dell'Oro Group Reports FORE As The ATM Enterprise
Backbone Switch Market Leader As Market Increases at
77% Growth Rate

FORE Systems' Contact:
Rich Borden
Public Relations Manager
Phone: 724 742-7716
Fax: 724 742-7742
Email: rborden@fore.com

Pittsburgh, PA - February 24, 1998 - FORE Systems, Inc. (Nasdaq: FORE), a global supplier of networking solutions based on an Intelligent Infrastructure, today
announced that according to a recent study issued by The Dell'Oro Group, a
Portola Valley, California-based networking industry research firm, FORE was the clear market leader in the fourth quarter (Q4) 1997 market for ATM enterprise backbone switches. The Dell'Oro study also reported a revenue growth rate of 77 percent for the ATM enterprise backbone switch market in 1997, with anticipated revenue growth of 60 percent for 1998.
FORE's success is further supported by an International Data Corp. (IDC),
Framingham, Massachusetts, Year End Review 1997 "FLASH" which
corroborated FORE's clear leadership position for ATM campus LAN switches in the fourth quarter of 1997. Additionally, IDC reported that FORE maintained the
1997 annual market leadership position. IDC also expressed its belief that,
long-term, ATM will be the strategic backbone of choice for larger enterprises. "These findings continue to support FORE's leadership position in the ATM enterprise backbone switch market space," said Ron McKenzie, vice president of strategic marketing at FORE Systems. "Additionally, the studies reinforce ATM as
the technology of choice to meet the demands of today's networked applications
and enterprise networks, building networks that last."

Additionally, ATM's role in supporting mission-critical networks was highlighted in a recent Sage Research, Inc., (Natick, Massachusetts) survey, conducted for the ATM Forum, of ATM enterprise customers. Results showed that mainstream businesses were deploying ATM to meet the needs of today's networked data application requirements. Sixty-two percent of survey respondents chose ATM to provide increased bandwidth; 33 percent to support high-volume data traffic; and 32 percent installed ATM to "future proof" their network to support high volume
data and delay-sensitive applications.

"The need for high-capacity networks is the driving force behind ATM
deployment," said Kathryn Korostoff, president of Sage Research. "Our research showed that 71 percent of respondents first deployed ATM in their campus
backbones and have continued to deploy ATM in other portions of the network,"
she added.


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