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Technology Stocks : VocalTec (VOCL)

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To: David Wiggins who wrote (1944)	4/7/1999 1:36:00 AM
From: David Wiggins	Read Replies (1) of 2349

Clarent Corporation Receives Contract From AT&T To Deploy IP Telephony Technology For AT&T Internal Calling REDWOOD CITY, Calif.--(BUSINESS WIRE)--April 6, 1999-- Clarent(TM) Corporation today announced that it has received a contract from AT&T, which will deploy Clarent IP telephony technology in a portion of AT&T's internal corporate network. The agreement establishes unit-pricing, volume-purchase and other provisions under which AT&T will buy Clarent equipment for use in sending internal voice and fax traffic in packetized, Internet protocol format over portions of AT&T's intranet. ''Clarent is very pleased to be providing our products for use in AT&T's internal network,'' said Jerry Chang, President and Chief Executive Officer of Clarent Corporation. ''AT&T is clearly leading the charge in driving the convergence between voice, fax and data over the internet, and is doing so by implementing the same capabilities within its own company that it is so successfully delivering to its customers.''

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