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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Bob Howarth who wrote (15616)	12/13/1999 9:35:00 AM
From: Gilbert Drapeau	Read Replies (2) \| Respond to of 18016

Newbridge Networks Ships Next-Generation Carrier Class Core Switch to Change the Future of Voice and Data Communications: Field trials set to begin on first terabit-capable multiprotocol platform DECEMBER 13, 1999 KANATA, ONTARIO--Newbridge Networks (NYSE:NN; TSE:NNC) today announced that it is initiating field trials for its next-generation ATM+IP core platform with major service providers in the U.S. and Europe. The Newbridge(r) 670 Routing Switch Platform (RSP) provides carriers with a powerful solution for today's voice and data applications, and scalability for offering future multiprotocol broadband services. "The faster, stronger Newbridge is 100 percent dedicated to delivering on its existing commitments," said Pearse Flynn, recently appointed Newbridge President and COO. "These field trials mark the culmination of a successful development cycle, meeting our goals and proving that Newbridge is committed to enabling valuable networking solutions." The product is an industry first, offering capacity from 50 Gb/s and scalable to 5 Tb/s, while maintaining unparalleled traffic management, high performance and carrier class reliability. The groundbreaking multiservice routing switch forms the foundation of next generation networks. It merges best-of-class ATM/MPLS protocols with IP on a single terabit-ready platform to seamlessly provide emerging voice and data services to existing and future customers. In its October 1999 report on Core Switching and Routing, research firm Ryan Hankin and Kent (RHK) estimates that the market for core switch/router based products should reach between U.S. $8 billion and U.S. $16 billion in 2003. "Service providers must support the explosive growth of IP services while meeting the needs of today's revenue-generating voice and data traffic," stated Joe Skorupa, Vice President, Switching and Routing at RHK. "Products that blend switching and routing while delivering scalability and higher interface speeds will be attractive to service providers as they strive to reduce operational and capital costs in order to stay competitive." Newbridge Networks designs, manufactures, markets and services wide area networking solutions for Internet service providers; local, long-distance, and wireless communications companies; cable television carriers; and enterprise customers in more than 100 countries. The company leverages its relationship with Newbridge Affiliate companies and strategic alliances with numerous other networking companies to deliver complete, end-to-end solutions. Newbridge customers include the world's 350 largest telecommunications service providers and more than 10,000 corporations, government organizations and other institutions. Founded in 1986, the Company employs more than 6,000 people on six continents. News and information are available at www.newbridge.com. /T/ ATM - asynchronous transfer modeCOO - chief operating officer Gb/s - gigabits per secondTb/s - terabits per second MPLS - multiprotocol label switching/T/ Newbridge and logo are registered trademarks of Newbridge NetworksCorporation.