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Technology Stocks : Ascend Communications (ASND)
ASND 210.01+1.7%Nov 26 3:59 PM EST

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To: Mark Duper who wrote (50592)7/29/1998 8:44:00 AM
From: Mark Duper  Read Replies (1) of 61433
 
( BW)(ASCEND-COMM-2)(ASND)Ascend Names Richard Slezak Vice President of
Product Management and Business Development for Enterprise Access

Does anyone know about this guy? Seems like a great pickup.

Business Editors

ALAMEDA, Calif.--(BUSINESS WIRE)--July 29, 1998--

Appointment of Former AT&T Vice President Boosts Company's
Executive Team

Ascend Communications Inc. (NASDAQ:ASND), a leader in wide area networking (WAN) solutions
for providers and users of the New Public Network, today announced the appointment of Richard Slezak
as vice president of Product Management and Business Development for the company's Enterprise Access
Business Unit. Slezak will lead the growth of the Pipeline, Network Security, Voice and Fax over IP, and
Inverse Multiplexing businesses within Ascend. He will report directly to Roger Boyce, vice
president/general manager of Enterprise Access.
"We are very exited to have someone of Richard's caliber join our executive team," said Boyce. "With
tenured experience in data communications sales and technology development, most notably from AT&T,
he is well suited to lead product development and strategy for Enterprise Access."
Slezak joins Ascend from AT&T with a background of more than 20 years in data communications
sales, marketing, and technology development. Most recently at AT&T, where he was employed for nearly
15 years, Slezak was the managing director of Advanced Networks, Business Communications Services.
In addition to turning around the company's ISDN business unit in 1994, Slezak was responsible for all
computer-based network calling features and in 1998 was appointed the marketing lead on a major effort
to define the future evolution of the AT&T core network. As Ascend's new vice president of Product
Management and Business Development for Enterprise Access, Slezak will be responsible for product
management and business development for the division. He is also charged with establishing the strategic
direction of product marketing, as well as creating and managing third-party relations and business
development with strategic partners. Slezak received an MBA in international business from the
University of Pittsburgh and a BA from John Carroll University in Cleveland, Ohio.

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: Meredith Valt, Alexander Communications, 415/923-1660
(ext. 131), mvalt@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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