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Technology Stocks : Fastcomm FSCX (6 1/8), base now complete. Big Upside.

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To: James Murray who wrote (734)2/9/1999 3:20:00 AM
From: Toni Wheeler  Read Replies (1) of 802
 
Were those releases preparing us for this one??:

<<<<FastComm Wins Frame Relay Supply Contract for The Commonwealth of Virginia

STERLING, Va.--(BUSINESS WIRE)--Feb. 8, 1999--FastComm, (OTC BB:FSCX) a Virginia Corporation, announced today the award of a Master Contract with the Commonwealth of Virginia's Department of Information Technology for its family of routers and frame relay access devices.

The contract award is for a one year period, with options for five additional one year renewal periods.

Under the terms of the Master Contract, the Virginia Department of Information Technology (DIT) may order any number of any model of FastComm's extensive family of routers and frame relay access devices. Any state agency requiring Legacy and/or LAN connectivity and having access to the Commonwealth's frame relay network can order the FastComm hardware through DIT. The first agency to benefit from this agreement will be the State Board of Elections.

The EtherFRAD(tm) family of routers supports frame relay, leased line and X.25 access for Legacy + LAN(tm) traffic for aggregating and routing SNA, IP/IPX traffic, and other Legacy protocols over WAN services. The unique flexibility of the EtherFRAD(tm) family, makes it an ideal choice for maximizing bandwidth and controlling cost in large multi-protocol frame relay networks.

The FastComm family of Frame Relay remote access products offer bandwidth support from 9.6Kbps to 1.54Mbps for full T1 access.

Forward looking statements are made in this release pursuant to the safe harbor provisions of the Private Securities Litigation reform Act of 1995. Investors are cautioned that all forward looking statements are subject to risk and uncertainties, including, without limitation, the timing of new announcements or introductions by the company and its competitors, the hiring and retention of key employees, competitive pricing pressure, dependence on third parties for components and products, and general economic conditions in the United States and international markets, and the risk factors detailed from time to time in the Company's periodic reports and registration statements filed with the Securities and Exchange Commission.

FastComm is a designer developer and manufacturer of a complete family of access products which provide a single seamless transport in multi-protocol environments for Voice/Data and Video networking over LAN/WAN and Global networks.

For more information, or to request a data sheet of any FastComm product, please contact us via phone 703-318-7750; fax 703-787-4625; email info@fastcomm.com; or visit FastComm on the World Wide Web at http:\\www.fastcomm.com.

Our products include the WEB Router(tm), ECX-Router(tm), EtherFRAD(tm), RingFRAD(tm), VoiceFRAD(tm), QUICK II(tm), Chanlcomm(R) and GlobalStack(tm). These products provide routed and switched Voice

Data and Video access solutions that require variable bandwidth from 9.6 Kbps to full T1/E1 over Leased Line, Frame Relay, X.25 and dial-up analog networks.

FastComm, stylized logo, WEB.router, ECX-Router, FrameProtect, LAN+Legacy, MaximumPriority, FastRATE, MonoFRAD, EtherFRAD, RingFRAD, QUICK II, GlobalStack, and SuperView are trademarks of FastComm Communications Corp. FastComm is the exclusive licensee of ChanlComm(R) products by KG Data, Corp.

All rights reserved.

CONTACT:

FastComm Communications Corp., Sterling

Jeff Franckhauser, 703-318-7750

or

Investors Relations,

DuBois Consulting Group

Phillip L. DuBois, 757-229-0666

pdubois690@aol.com

KEYWORD: VIRGINIA

BW0405 FEB 08,1999

13:32 PACIFIC

16:32 EASTERN>>>>
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