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Technology Stocks : Newbridge Networks
NN 15.89+2.6%3:59 PM EST

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To: Robert who wrote (8522)12/14/1998 1:24:00 PM
From: zbyslaw owczarczyk  Read Replies (1) of 18016
 
Telexis Wins Multimillion Dollar Agreements to
Extend Networked Video Reach into the U.S. and Latin America

OTTAWA, Ontario, Dec. 14 /PRNewswire/ - Telexis Corporation today announced a strategic alliance with Coasin Chile
and a three-way alliance between Telexis, Ultrak, Inc. and Newbridge Networks Corporation [NYSE:NN - news] that will
deliver Telexis networked video monitoring solutions to the Latin American and U.S. markets, respectively.

The alliance with Coasin cements Telexis' presence in the Latin American market. Telexis' family of networked video
monitoring solutions rounds out Coasin's leading edge communications products and support that serve customers primarily
in banking, telecommunications and traffic control. With over 30 years of experience in providing end-to-end network
solutions for data and voice communications, Coasin assists clients in enhancing existing network communications and
developing new services that have the potential to generate new revenue streams.

''The market for video in Latin America is here today. Video is the logical next step in value added network services,'' said
Raul Ciudad de la Cruz, president and CEO of Coasin Chile. ''Coasin can integrate Telexis video products directly to the
customer's existing network, with no modifications. This offers our customers a powerful value proposition for maximizing
their network investment with video applications that can improve internal operations as well as expand their own customer
service portfolio.''

In the U.S., the alliance between Telexis and Ultrak to supply networked video solutions to the security market has been
extended and now includes Newbridge Networks. In the past year, the Telexis-Ultrak alliance resulted in joint development
of a phone line video transmission system, branded ''ViewLink™'' and marketed via Ultrak channels to small and medium
sized enterprises.

To satisfy the full security monitoring needs of its large enterprise customers, Ultrak added the Telexis ViaNet™ networked
video monitoring system to its own suite of Enterprise Security Solutions (ESS). Now, the combination of Telexis'
innovation in networked video, Newbridge's expertise in networks and Ultrak's experience in developing and delivering
end-to-end security systems promises customers the most technologically advanced security and operations monitoring
solutions, with unprecedented support and seamless integration to their existing networks.

According to George Broady, CEO of Ultrak, ''Harnessing the power of video for remote security monitoring and general
observation to improve operations is just beginning. The applications are many and the market potential is huge. Working
together with Telexis and Newbridge, we expect to lead the way, worldwide.''

Telexis Corporation, an Affiliate of Newbridge Networks Corporation, is a world leader in providing networked video
solutions. The Company develops, manufactures and markets sophisticated video, audio and image processing products for
the telecommunications, security, remote monitoring and corporate communications markets. Telexis' platform is
network-ready and enables video monitoring services to be carried seamlessly over existing and emerging
telecommunications networks, with minimal additional infrastructure investment required. Information about Telexis and its
products can be found on the World Wide Web at telexiscorp.com.

SOURCE: Telexis Corporation

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Newbridge Networks Corp (NYSE:NN - news)
Related News Categories: computers, networking, telecom

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