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Technology Stocks : Newbridge Networks
NN 13.69-2.5%Dec 2 3:59 PM EST

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To: Gilbert Drapeau who wrote (7070)10/21/1998 4:56:00 PM
From: Gilbert Drapeau  Read Replies (1) of 18016
 
Newbridge Networks Extends its Position as the Leading
Multi-Service, Multi-Access IP VPN Provider

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: NEWBRIDGE NETWORKS CORPORATION
TSE SYMBOL: NNC
NYSE SYMBOL: NN

OCTOBER 21, 1998
ATLANTA, GEORGIA--Announcements at N+I Fall Demonstrate Company's
Commitment to Meeting the Evolving Demands of Carriers and Large Enterprises.
Newbridge Networks (NYSE: NN; TSE; NNC), a world leader in
networking technology, today announced at Networld+InterOp 98 in
Atlanta new products, product enhancements and service contracts
that reinforce and extend its position as the IP VPN vendor of
choice. These announcements serve as additional proof points in
the Company's continued commitment to providing carriers and large
enterprises with a scalable, reliable, manageable and
application-proof infrastructure for enabling revenue-generating,
value-added IP business services today.
"Analyst studies have shown that over the next five years 70
percent of Fortune 500 companies are looking to outsource to
service providers," said Alan Lutz, President and Chief Operating
Officer, Newbridge Networks. "This represents a tremendous
opportunity for our customers -- and only Newbridge provides the
flexibility of a multi-service, multi-access infrastructure and
unparalleled access to core network and services management that
allows them to take advantage of the IP VPN opportunity now."
New Products/New Enhancements
Siemens and Newbridge Networks today continued their drive to
consolidate disparate networks onto one, unified, end-to-end,
managed multi-services network with the introduction of the
Siemens / Newbridge MainStreetXpress(tm) 36177 MultiServices
Platform. This is the newest addition to the MainStreetXpress
family of asynchronous transfer mode (ATM) products jointly
developed by Siemens and Newbridge, the ATM industry leaders. The
MainStreetXpress 36177 extends the broadband core network
capabilities of the MainStreetXpress 36170 MultiServices Switch to
the farthest reaches of the network, complementing the strengths
of the MainStreetXpress 36140/36144 MultiServices ATM Access
Switches. This comprehensive family of products enables service
providers to seamlessly deliver value-added services and
end-to-end network and service management over an ATM infrastructure.
Newbridge Networks has also taken a lead in integrating ATM with
optical networking technology, launching the industry's first
integrated dense wavelength division multiplexing (DWDM) platform.
Developed jointly with Newbridge(r) Affiliate Cambrian Systems
Corporation, this scalable, cost-effective networking solution is
designed specifically for carriers providing services in
metropolitan area networks. By combining DWDM-based transport
with an ATM core infrastructure, this innovative solution provides
a robust, resilient platform for transporting and delivering
multiple services from a single, managed platform.
In addition, Newbridge announced this week versatile Internet
Protocol (IP) multicasting for its Switched Routing portfolio of
products, demonstrating the Company's commitment to video, voice
and data convergence as part of its Enterprise and Carrier
Switched Routing solution. With up to 65 million packets per
second of aggregate multicast forwarding into a Switched Routing
network, the Newbridge solution provides the highest performance,
greatest scalability and most easily managed multicast
implementation available for today's networks.
Newbridge also announces at N+I the availability of Release 1.0 of
its Carrier Switched Routing product portfolio. Based on a number
of key existing and proposed industry standards, including CSI
(Carrier Scale Internetworking) and MPLS (Multi-Protocol Label
Switching), Carrier Switched Routing is a solutions framework that
enables service providers to offer IP VPN services that are
scalable, reliable, predictable and measurable -- the parameters
that business customers require and demand.
Newbridge also recently announced the extension of its
industry-leading network and service management to its broadband
access solutions, including broadband wireless and Asymmetric
Digital Subscriber Line (ADSL). Traditionally known for its
strengths in managing multi-service backbone networks, the Siemens
/ Newbridge MainStreetXpress portfolio of network and service
management products now enables newly licensed operators and
established service providers to aggressively deploy broadband
access infrastructures to extend the reach of existing and new
advanced services. This demand has resulted from the tremendous
growth of the Internet and multimedia services. New Service Contracts
Newbridge Networks today announced that Deutsche Telekom, the
third largest telecommunications supplier in the world, is taking
the lead in launching a next-generation switched broadband service
for corporate customers, using the industry-leading Siemens /
Newbridge MainStreetXpress 36170 MultiServices Switch, and the
MainStreetXpress 46020 Network Manager. Launched under the brand
name, T-Net ATM, this dynamic, flexible service offering delivers
switched virtual circuit (SVC) services to meet customers'
changing bandwidth and network requirements, depending on the
applications being used.
In addition, Newbridge Networks announced that Central Texas
Communications, a full service telecommunications service provider
and Local Multi-Point Distribution Service (LMDS) spectrum holder,
has selected Newbridge as its strategic networking vendor for the
implementation of a LMDS network -- the first of its kind in the U.S.
Newbridge Networks designs, manufactures, markets and services
networking solutions to organisations in more than 100 countries.
The Company leverages its relationship with a growing family of
Affiliate companies and strategic alliances with Siemens and 3Com
Corporation to deliver seamless, end-to-end solutions. Newbridge
customers include the world's 300 largest telecommunications
service providers and more than 10,000 corporations, government
organisations and other institutions. Founded in 1986, the
Company employs more than 6,000 people on five continents. News
and information are available at www.newbridge.com.
Newbridge, logo are registered trademarks of Newbridge Networks Corporation.
MainStreetXpress is a trademark used by the Siemens / Newbridge
alliance for comprehensive solutions in broadband communication.
No agency relationship, partnership, or joint ownership of a legal
entity is to be inferred or implied by the term alliance.
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