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Technology Stocks : TLAB info? -- Ignore unavailable to you. Want to Upgrade?

To: Baldwin who wrote (6058)	9/21/1999 8:42:00 PM
From: Brien Koehler	Read Replies (1) \| Respond to of 7342

Recognition for the AN2100 Tellabs Wins Irish National Innovation Award Company's Next-Generation Voice/Data Switch Takes Top Honors LISLE, Ill., Sept. 21 /PRNewswire/ -- Tellabs (Nasdaq: TLAB - news) announced today that it was named overall winner in Ireland's National Innovation Awards, which highlight the importance of innovation and technology in Irish business and are an integral part of the Irish government's Science, Technology and Innovation (STI) Awareness Program. Tellabs, which also was the winner in the large business category, was recognized for its AN2100© Gateway Exchange(TM) (GX) System, a next-generation voice/data switch that enables service providers to consolidate circuit-switched and variable bit rate data services over a single, broadband network. With the AN2100 GX System, data, voice and video services can be delivered over ATM or IP backbones. The AN2100 GX System was developed and is manufactured in Shannon, Ireland, where Tellabs employs more than 500 people. ``We were delighted at the standard of entries received this year, and it was no easy task to choose a winner from the excellent companies that entered, but we believe Tellabs represented the best example of innovation,' said Patrick Galvin, chairman of the judging panel of the awards that are co- sponsored by PricewaterhouseCoopers and The Irish Times. Patrick Shanahan, vice president and managing director of Tellabs Ltd. in Shannon, said Tellabs is committed to helping service providers build the new public network, which integrates data, voice and video. ``Our ongoing commitment to state-of-the-art research and development has resulted in the development of a major new product to help service providers build and migrate to next-generation, multiservice networks,' Shanahan said. Tellabs designs, manufactures, markets and services data, voice and video transport, switching/routing and network access systems. The company's products are used worldwide by the providers of communications services. Tellabs stock is listed on the Nasdaq Stock Market (TLAB). Tellabs, the Tellabs logo and AN2100 are registered U.S. trademarks of Tellabs Operations, Inc. in the United States and/or in other countries. AN2100 Gateway Exchange is a trademark of Tellabs Operations, Inc. in the United States and/or in other countries. SOURCE: Tellabs, Inc.