Tuesday May 26, 8:01 am Eastern Time
Company Press Release
Ascend Communications Recognized for
Outstanding Achievements in Internet
Telephony by Analyst Firm Frost & Sullivan
Frost & Sullivan Honors Ascend With Market Engineering
Award
ALAMEDA, Calif.--(BUSINESS WIRE)--May 26, 1998--Ascend Communications,
Inc. (NASDAQ:ASND - news), a leading provider of wide area network (WAN)
solutions for network service providers, today announced that the company
has been recognized with the Frost & Sullivan Market Engineering Award.
Bestowed on just four companies that Frost & Sullivan believes have
established themselves as market leaders, the Market Engineering Award
recognizes Ascend's achievements in the emerging Voice over IP (VoIP)
arena.
''This award validates our comprehensive voice over IP strategy and
represents the tremendous market acceptance of our approach and solutions
in this rapidly evolving space,'' said Roger Boyce, vice president and general
manager, Enterprise Access for Ascend Communications. ''Voice over IP
represents a significant market opportunity for us and our network service
provider customers, and we are committed to continuing to deliver solutions
that leverage this opportunity.''
Ascend recently introduced its MultiVoice strategy, a comprehensive
architecture for delivering voice and fax calls over IP, Asynchronous Transfer
Mode (ATM), and Frame Relay networks. In the first phase of the three-phase
MultiVoice strategy, Ascend is shipping solutions that will allow service
providers and enterprise customers to route voice and fax calls over an IP
infrastructure. Service providers, can for the first time, deploy packetized
voice using Ascend Access Switching, Frame Relay and Switched IP
solutions to create true ''toll-quality'' voice networks. In phase two of
MultiVoice, Ascend will deliver solutions for voice over ATM and in phase
three, Ascend will unveil interoperability of MultiVoice over IP, Frame Relay
and ATM, as well as the ability to integrate MultiVoice into SS7 carrier
signaling networks.
Frost & Sullivan bestows the Market Engineering Awards each year on
leaders in the IP telephony industry that made a positive contribution to the
marketplace.
''Ascend is making remarkable contributions to the voice over IP market and
we applaud them,'' said Francois Eric de Repentigny, telecommunications
analyst for Frost & Sullivan. ''Ascend's MultiVoice product line is probably
the most complete and versatile suite of voice over IP products for large
service providers. Solutions like MultiVoice are bringing toll-quality voice
over IP into the very near future.''
The Market Engineering Awards are based on Frost & Sullivan's research and
consulting work in 1997 and 1998. Winners are selected from an in-depth
analysis of the market competitors and interviews with those companies
that make up the industry. The Frost & Sullivan research management team
has reviewed these awards and the criteria used to select the winners to
ensure that the competition and award system are as fair as possible given
the subjective nature of market analysis and competitive assessment.
About Ascend Communications
Ascend Communications, Inc. develops, manufactures, sells and services
wide area networking solutions for telecommunications carriers, Internet
service providers and corporate customers worldwide.
Press and industry analysts, please contact Lee Kallman, Alexander
Communications, (404) 897-2300 or lkallman@alexandercom.com. Investors
and financial analysts, please contact Kristina Graziano, (510) 747-2345 or
kristina.graziano@ascend.com. For all other inquiries please call toll-free:
800/ASCEND4.
For more information about Ascend and its products, please visit the Ascend
web site at www.ascend.com, or send e-mail to info@ascend.com. Ascend is
headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda,
Calif. 94502; phone is 800/ASCEND4 and fax is 510/814-2300.
The foregoing statements may contain forward looking statements that are
based on current expectations and involve risks and uncertainties. Actual
results could differ materially from these expectations as a result of factors
including, but not limited to, the Company's success in developing,
introducing or shipping new products, competition, the mix of distribution
channels employed, the Company's dependence on single or limited source
suppliers for certain components used in its products, risks inherent in
international sales, seasonality and general economic conditions. These and
other factors are discussed in Ascend's 10-K, 10-Q and other filings made
periodically with the Securities and Exchange Commission.
Contact:
Alexander Communications
Lee Kallman, 404/897-2300
lkallman@alexander.com
or
Ascend Communications
Stacy L. Ellis, 510/747-6783
stacy.ellis@ascend.com
|
