Ascend Leads Market Share in WAN Access Revenue for Q1 98
Dataquest Figures Show Ascend On Top in Access Concentrator Market
ALAMEDA, Calif.--(BUSINESS WIRE)--June 1, 1998--Ascend Communications, Inc. (NASDAQ:ASND - news), a leader in wide area networking (WAN) solutions for providers and users of the Public Network, today announced Q1 1998 research findings from Dataquest that place Ascend as the revenue leader in the access concentrator market.
''Ascend is pushing ahead in this hotly contested remote access market,'' said George Hunt, director and group leader of the Remote LAN and Internet Access Group at Dataquest. Per Dataquest, Ascend accounted for 30.5 percent revenue market share, or $129.8 million of the $425.4 million of the remote access concentrator market beating out second and third place Cisco and 3Com. This independently generated data validate Ascend's remote access leadership, and build on its growing success.
''We continue to lead in the access market by providing innovative products our customers demand,'' said Kurt Bauer, vice president of product management for Ascend's Access Switching Division. ''Our MAX(tm) and MAX TNT Wan access switches provide customers with high-value multi-service platforms, offering a broad range of value-added functions, such as MultiVPNs and MultiVoice for the MAX. The MAX product family is managed by NavisAccess, Ascend's network management products for the access environment, which also includes Multiband, Pipeline, and GRF products.''
Demonstrating progressive growth in access concentrators, Ascend's market share end-user revenues increased over the past three years to $691.86 million in 1997 from $532.18 million in 1996 and $130.89 million in 1995, according to Dataquest. Dataquest figures also reveal that Ascend was the only major vendor to increase revenue generated by remote access server sales in 1997. Ascend's revenue in this segment increased 33 percent, while market share doubled to 9.5 percent from 4.7 percent.
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: Christine Andrews, Alexander Communications, 415/923-1660 (ext.138), candrews@alexandercom.com. Investors and financial analysts, please contact: Kristina Graziano, 510/747-2345, kristina.graziano@ascend.com; or 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.
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Contact:
Ascend Communications
Todd Koch, 510/747-2672
todd.koch@ascend.com
or
Alexander Communications
Christine Andrews, 415/923-1660, x138
candrews@alexandercom.com |
