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Technology Stocks : Newbridge Networks
NN 12.60+0.7%Nov 12 3:59 PM EST

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To: pat mudge who wrote (7770)11/25/1998 9:56:00 AM
From: MD Bryant  Read Replies (2) of 18016
 
Here's WHY:

NOVEMBER 25, 1998

Newbridge Networks Awarded Contract for China Post's
Multi-Service National Network Backbone, Serving One
Quarter of the World's Population

KANATA, ONTARIO--Network Enables Delivery of Voice, Data and IP
Services Over Single, Unified Platform

Newbridge Networks (NYSE: NN; TSE: NNC) today announced that China
Post, the State Postal Bureau of the People's Republic of China,
has selected the Siemens / Newbridge multi-service, multi-access
platform to build the core national backbone asynchronous transfer
mode (ATM) network. The new broadband network will support the
delivery of advanced voice, data and Internet Protocol (IP)
services over a single, unifying ATM platform to customers in 31
provinces across China.

Since becoming independent from China Telecom, China Post has been
upgrading its network to meet the rapid growth and demand for new
service offerings. China Post required a highly scalable,
flexible, reliable networking solution that would support its
internal postal and communications services and enable it to
expand its customer base by meeting demand for a broad array of
next-generation, value-added services well into the next century.

"Newbridge Networks is pleased to be the exclusive vendor for
China Post's national backbone," said Constantin Loudiadis,
Executive Vice President and General Manager, Asia Pacific Region,
Newbridge Networks. "This robust, reliable, multi-service,
broadband network will enable China Post to deliver high-speed,
innovative services throughout China well into the next century.
The capability to offer high quality voice, in addition to data
and IP services over a single, unifying broadband ATM platform
will enable China Post to continue to seamlessly evolve its
network to meet the changing needs of its customers."

The networking solution is comprised of the industry-leading
Siemens / Newbridge MainStreetXpress(tm) 36170 MultiServices
Switch and MainStreetXpress 46020 Network Manager. The
MainStreetXpress 36170 switch - the industry's only true
multi-service, multi-access switch - offers a comprehensive suite
of advanced services, including frame relay, local area network
(LAN) interconnection, IP, circuit emulation and native cell
relay.

The MainStreetXpress 36170 Switch enables high performance
connectivity that allows various capabilities. For example, the
switch's cell relay interface and circuit emulation enable China
Post to provide video conferencing services within its operations.

Key benefits of the MainStreetXpress 46020 Network Manager are its
ability to centrally monitor and manage multiple-traffic networks,
and support and manage more than 250,000 service connections
simultaneously. Its high scalability also enables more than 120
operators to monitor the network at the same time.

"This is the second national network that Newbridge has been
awarded in the People's Republic of China, the first being the
digital data network (DDN), based on time division multiplexing
(TDM) technology," continued Mr. Loudiadis. "The Company's
experience in China, as well as the strength of our multi-service,
multi-access platform and the breadth of services it supports,
were key factors in China Post's decision to select Newbridge for
its next-generation network. Over the next several years, we
expect demand for next-generation services to grow significantly
in China. The standards-compliant networking solution provided by
Newbridge Networks will play a vital role in meeting this demand."

China Post serves a population of more than one billion people,
offering postal services to 145 overseas countries. Its serving
territory spans a geographical area of almost 10 million square
kilometers. China Post employs more than 500,000 people throughout
China, with revenues of US$3 billion in 1997.

Newbridge Networks designs, manufactures, markets and services
networking solutions to organizations in more than 100 countries.
The Company leverages its relationship with a growing family of
Newbridge 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 organizations 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 and 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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