FORE Systems Continues [LAN] ATM Market Leadership [Dell'Oro and In-Stat]
Tuesday August 18, 5:18 pm Eastern Time
Company Press Release
SOURCE: FORE Systems, Inc.
FORE Leads the Way in ATM Revenue for Second Quarter of 1998 and
First Half of 1998 According to Industry Research Firms
PITTSBURGH, Aug. 18 /PRNewswire/ -- FORE Systems, Inc. (Nasdaq: FORE - news), a
global supplier of networking solutions based on an Intelligent Infrastructure(TM), today
announced that, according to recent industry studies, FORE continued its position as the
worldwide leader in ATM (asynchronous transfer mode) local area network (LAN) switch
revenues for both the second quarter (Q2) of 1998 and the first half (H1) of 1998. The research
studies were published separately by the Dell'Oro Group of Portola Valley, California, and by
In-Stat, of Scottsdale, Arizona.
''Over the last four quarters, FORE Systems' ATM sales have totalled $224 million versus $171
million and $144 million for the next closest competitors,'' commented Tam Dell'Oro, president
of the Dell'Oro Group. ''FORE's ATM sales revenue has increased 183% year-over-year,
versus 50% and 15% for the next closest competitors. Furthermore, over 80% of FORE's ATM
sales are deployed in corporate backbones while the bulk of their competitors' products are
deployed in data-center or aggrigation applications.''
According to the study published by the Dell'Oro Group, FORE Systems holds a 23.9 percent
share of ATM LAN switch revenues for Q2 1998. The In-Stat study yielded similar results, with
FORE owning 30.1 percent of revenue in the same period. FORE maintained its leadership in
revenue share figures for H1 1998 as well, with the Dell'Oro Group reporting FORE's share at
25.9 percent of ATM LAN switch revenues and In-Stat reporting 31.2 percent.
''We are very pleased to maintain and extend our leadership position in the ATM marketplace,''
added Thomas J. Gill, president and CEO of FORE Systems. ''We are seeing more and more
customers relying on our ATM products to provide a flexible, scalable and resilient foundation
for building their networks. These independent reports continue to confirm our leadership
position.''
In recent months, FORE Systems has announced new enterprise customers including Prudential,
Dr Pepper/Seven-Up and Unisys Worldwide Telecommunications; and new service provider
customers such as Level 3 Communications and Time Warner Communications.
''Within corporate network backbones which are ATM based, FORE Systems' technology
dominates that of all other ATM solution providers,'' added Dell'Oro. ''FORE Systems is in an
excellent position to extend their strong brand in the enterprise market into the burgeoning carrier
and service provider markets.''
About FORE Systems
FORE Systems is a leading global supplier of networking solutions based on an Intelligent
Infrastructure designed to handle the networked applications of today and tomorrow.
FORE's Networks of Steel(TM) deliver the increased capacity, reduced complexity and
unparalleled flexibility and scalability necessary to build networks that last. Thousands of
enterprise and service provider customers worldwide have put FORE Systems' solutions at the
heart of their networks.
For more information on FORE's Networks of Steel, call 888-404-0444 or visit the FORE
Systems web site at www.fore.com.
This press release contains forward-looking statements with respect to products, future growth
and other matters. Please refer to the Annual Report on Form 10-K filed by FORE Systems with
the Securities and Exchange Commission in June, 1998, for a discussion of risks that could cause
actual results to differ materially from such statements.
FORE Systems is a registered trademark of FORE Systems, Inc. Intelligent Infrastructure and
Networks of Steel are trademarks of FORE Systems, Inc. All other brand or product names are
trademarks of their respective holders.
All FORE Systems' editorial information and graphics can be found on NEWSdesk, the
high-tech Internet Network at newsdesk.com .
SOURCE: FORE Systems, Inc.
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