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Technology Stocks : Nortel Networks (NT)

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To: Bosco who wrote (2670)5/11/1999 9:40:00 AM
From: Kenneth E. Phillipps  Read Replies (1) of 14638
 
Nortel's Shasta Networks Adopts Hi/fn Compression and Encryption

news.excite.com

Nortel's Shasta Networks Adopts Hi/fn Compression and Encryption
Updated 8:02 AM ET May 11, 1999

LOS GATOS, Calif., May 11 /PRNewswire/ -- Shasta Networks, whose
acquisition by Nortel Networks was announced on April 13, 1999, has
selected compression and encryption processors made by network
security specialist Hi/fn(R), Inc. (NASDAQ:HIFN), for its SSG-5000 high performance gateways.

Shasta's SSG (Subscriber Services Gateway) is the first subscriber service system for deploying network-based, value added services. It is a telco-quality IP services platform with a high performance
edge router and a powerful policy application engine.

Hi/fn's 7751 compression and encryption packet processors are used to insure network security at wire-speed performance. They yield high performance, better control and enhanced capacity, while also providing interoperability with earlier generations of networking equipment. They are the only chips that provide a complete solution for meeting the compression and security requirements of the
PPP, PPTP, L2TP and IPSec protocols.

"Hi/fn's network security solutions provide the hardware acceleration that is key to high-performance compression and encryption, " says Arthur Lin, Shasta Networks co-founder and vice president of
engineering. "They help us offer highly customized IP services, such as virtual private networks, managed firewalls and quality of service policies."

The algorithms implemented by the Hi/fn chips include DES, Triple-DES and RC4 encryption, SHA-1 and MD5 authentication, and LZS(R) and MPPC compression.

"Shasta Networks is the first company to allow IP service providers to aggregate tens of thousands of subscribers within a single platform," says Bob Harrah, Hi/fn's vice president of sales and marketing.
"Their solution lowers the cost of IP services, while delivering unprecedented levels of hardware assisted encryption. This is precisely the type of environment that the Hi/fn 7751 was designed for."

About Shasta Networks

Headquartered in Sunnyvale, CA., Shasta Networks designs, develops and markets a new class of service-enabling gateways and subscriber policy management systems at the "subscriber edge" of IP public data networks. This will enable ISPs and telcos to transition from a pure connectivity-based business model to profitable, network-based, value-added services. More information about Shasta Networks can be found at their web site: shastanets.com .

About Hi/fn

Hi/fn, Inc. of Los Gatos, California makes integrated circuits and software for manufacturers of computer networking products. Hi/fn's integrated compression-encryption technology is central to the
growth of the Internet, helping to make electronic mail, web browsing and Internet shopping faster and more secure. Nearly all network equipment manufacturers use Hi/fn's patented technology to improve
data packet processing. Hi/fn was founded in 1996 and started trading on the Nasdaq Stock Exchange under the HIFN symbol in December 1998.

For more information, contact: Hi/fn, Inc., 750 University Avenue, Los Gatos, CA 95032. Phone:
408-399-3500. Fax: 408-399-3501. Web: hifn.com.

Forward-Looking Statement Notice

This press release contains forward-looking statements that are subject to risk and uncertainties, including risks associated with the success of the ongoing technology development efforts, the ability
to successfully integrate new technology into products in a cost-effective manner, the timing of new product introductions, intense competition in the network and storage equipment industries and the significant uncertainty of market acceptance of new products. These and other risks are detailed from time to time in Hi/fn's SEC reports as well as in Hi/fn's registration statement on Form S-3.

NOTE: Hi/fn and LZS are registered trademarks of Hi/fn, Inc. All other trademarks are the property of their respective owners.

Contact: Joe Gagliano of Hi/fn, 408-399-3543, or jgagliano@hifn.com; or Arthur Lin, Co-founder and Vice-President, Engineering of
Hi/fn, 408-548-3788

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