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Technology Stocks : PAIR-NEWS ONLY!!!!!

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To: David Klein who wrote (60)5/14/1998 3:32:00 PM
From: Tom Doughty   of 73
 
Nortel (Northern Telecom) Announces Integration Agreement With Pairgain Technologies

ATLANTA, May 14 /CNW/ - Nortel (Northern Telecom) and PairGain Technologies, Inc. today announced that an agreement has been signed to use PairGain's market-leading HDSL (High-bit-rate Digital Subscriber Line) technology as a cost-effective, integrated feeder to Nortel's AccessNode Express platform. The integrated technology is available now - enabling quick time-to-market and broader deployment for a wide variety of revenue-generating services via the AccessNode Express. The new AccessNode Express integrated HDSL feeder will be showcased at SUPERCOMM '98 in June. HDSL allows data transmission at speeds up to 1.5 Mbps over standard copper twisted pair wires. Because HDSL delivers a T1 rate and does not need signal amplification or regeneration for distances up to 12,000 feet, it has become a very low-cost means to deploy T1 services. Integrated HDSL technology further benefits service providers via Nortel's new AccessNode Express 24L, a compact, 24-line, full-service remote. HDSL feeders can be used to cost-effectively satisfy even the smallest line size sites.

"We are pleased to extend the reach of our HDSL technology to the many service providers deploying Nortel's AccessNode Express," said Howard Flagg, president, PairGain Technologies. "Low implementation and maintenance costs make HDSL ideal for low line size applications."

Nortel's AccessNode Express, the first scaleable, combined voice and data access product, cost-effectively extends AccessNode advanced voice and data services to small and medium serving areas - delivering benefits such as service-adaptive access, flow-through provisioning, and remote inventory by means of Nortel's state-of-the-art OAM&P. AccessNode Express has enjoyed wide-spread market acceptance since deployment in November, 1997 with more than 1,200 units in service to date.

PairGain Technologies, Inc. (NASDAQ: PAIR) is the world leader in the design, manufacture and marketing of advanced xDSL (high-speed Digital Subscriber Line) communications systems. PairGain's products allow telephone companies, independent carriers, Internet service providers, and private network administrators to rapidly deploy high-speed data, video, and voice applications to end users over the existing infrastructure of copper telephone lines.

PairGain's HiGain, PG-Plus, PG-Flex, Megabit Access and campus area network products are marketing under the trademark CopperOptics, indicating their ability to provide fiber optic quality transmission over the "last mile" in both public and private networks worldwide.

Nortel had 1997 revenues of $US 15.5 billion and has approximately 73,000 employees worldwide.

/For further information: Michelle Murray, Nortel, (770) 708-4434, michelle_murray(at)nortel.com; Peter Janecek, Nortel, (905) 863-6251, peter.janecek(at)nortel.com; Kim Gower, PairGain, (714) 730-2330, kim_gower(at)pairgain.com; Or visit Nortel's web-site at www.nortel.com/ 14:53 ET

"Dow Jones News Service" "Copyright(c) 1998, Dow Jones & Company, Inc."
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