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Technology Stocks : Newbridge Networks

NN 13.87

+7.0%

3:59 PM EST

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To: Glenn McDougall who wrote (10828)	4/15/1999 4:37:00 PM
From: Ian@SI	Read Replies (3) of 18016

In addition to the ATM sale announced Yesterday, there's a FR sale today... Newbridge To Supply Frame Relay System To Guangdong PTA 04/15/99 Newsbytes, Thursday, April 15, 1999 at 02:19 GUANGZHOU, CHINA, 1999 APR 15 (NB) -- By Martyn Williams, Newsbytes. Guangdong Post and Telecommunications Administrative Bureau (GPTA) has signed a contract with Newbridge Networks [NYSE:NN] covering the supply of a multiservice platform to serve as the base for a new frame relay network. The new network will cover more than 100 counties and provinces in Guangdong and enable the operator to consolidate X.25 and frame relay traffic onto a single asynchronous transfer mode (ATM) backbone. Initially, the project will see Newbridge deploying 128 MainStreetXpress 36170 multiservices switches to link banks and other financial institutions, corporate customers and government departments in 12 of Guangdong's largest cities. A year ago Newbridge supplied Guangdong PTA with a US$32 million digital data network system. The contract announced today will see the building up of the previously supplied network. Reported By Newsbytes News Network, newsbytes.com (19990415/WIRES ASIA, TELECOM/)

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