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Technology Stocks : Ascend Communications-News Only!!! (ASND)
ASND 197.37-0.1%2:50 PM EST

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To: Immi who wrote (1463)6/8/1998 9:15:00 AM
From: Duke  Read Replies (1) of 1629
 
Industry Reaction to Ascend's Announcement to Reconstruct Legacy Transmission Networks

Business Editors/Telecommunications Writers

Supercomm

ATLANTA--(BUSINESS WIRE)--June 8, 1998--

Ascend Communications Transmission Strategy Supported and

Embraced by Networking Industry VIPs

Ascend Communications, Inc. (NASDAQ:ASND), a leader in wide area networking (WAN) solutions for providers and users of the Public Network, released industry reaction from market analysts and network service providers (NSPs) to today's announcements of the company's strategy for reconstructing legacy transmission networks by expanding the reach of its multiservice core switching technology to eliminate the need for costly legacy transmission equipment.

Below are the reactions from industry analysts and NSPs:

Roger DeVille, Director of Data Engineering, Deltacom

"We are very enthusiastic about the Ascend initiative to connect directly to DWDM because it gives us significant cost savings opportunities. By eliminating SONET terminal equipment, we can simplify our network architecture and minimize network costs."

Tim Roberts, President and CTO, Digital Broadcast Network Corp.

"Our goal is to offer a suite of data management services built on an OC-48 ATM backbone network that will carry voice, video, and data. By taking advantage of "dark wavelengths" that will soon be available, we can interconnect Ascend's GX 550 ATM Core switches without needing to build a separate SONET network. Ascend has provided us the tools to build the lowest cost network for service delivery."

Hilary Mine, Senior Vice President, Probe Research, Inc.

"The single largest component of a facilities-based service provider's costs is OAM&P -- operating and managing the network. Ascend's GX 550 dramatically reduces not only the cost of building a network, but more importantly, the cost of doing business as a service provider. The value of network simplification cannot be overstated, as it also increases network reliability and accelerates network deployment schedules."

John P. Morency, Vice President -- Network Solutions, Renaissance Worldwide, Inc.

"Ascend's vision of the future of the public network is very compelling. By eliminating the need for legacy transmission equipment, Ascend is enabling service providers to re-architect their networks in more flexible and efficient ways with the ultimate focus being on improved service delivery and lowered user network costs.

"As observers and evaluators of the networking industry, we've been waiting for someone to come out with this announcement and we applaud Ascend's forward-thinking strategy."

Bill Edwards, Chief Scientist, Sprint

"Ascend is pushing the innovation envelope by delivering the critical tools to build a multi-service OC-48 network that's just as restorative and more economical than the traditional network architectures. Our customers depend on continuous network availability and guaranteed levels of service, and Ascend is delivering the technology solutions that meet these customer needs."

Liza Henderson, Senior Consultant, TeleChoice

"Ascend is helping service providers to build the new public network that allows them to quickly deploy a network that can support a multitude of services and at the same time achieve economies of scale.

"With many of today's networks built on multiservice core switching technology, it's a natural progression for Ascend to leverage its capabilities into the transmission network to enable service providers to deploy a single, less complex network that will offer all services."

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 Julie Asher, Alexander Communications, 404/897-2300 or jasher@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, CA 94502; phone is 800/ASCEND4 and fax is 510/814-2300.

Note to Editors: 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.

--30--mr/sf* blm/sf

CONTACT: Ascend Communications

Stacy L. Ellis, 510/747-6783

stacy.ellis@ascend.com

or

Alexander Communications

Julie Asher, 404/897-2300

jasher@alexandercom.com

KEYWORD: GEORGIA CALIFORNIA

INDUSTRY KEYWORD: TELECOMMUNICATIONS COMPUTERS/ELECTRONICS COMED INTERACTIVE/MULTIMEDIA/INTERNET TRADESHOW

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