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

To: Bob Howarth who wrote (16537)	1/20/2000 9:38:00 AM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 18016

Tele2 (UK) Selects Newbridge Networks to Deliver IP-Based Service Platform Tele2 (UK) to Roll Out IP Services Throughout the UK Maidenhead, UK, January 20, 2000 € Newbridge Networks (NYSE: NN; TSE: NNC) today announced that it has been awarded a £10 million contract by Tele2 (UK) Ltd € the pioneering high speed wireless data communications company € to provide an Internet protocol (IP)-based service platform to deliver high speed, competitively priced Internet, extranet and intranet services. Tele2 (UK)€s service provides wireless broadband solutions up to six times faster and 80 percent cheaper than other sources to private customers, as well as small and medium-sized businesses. The contract awarded is for the supply of Newbridge 36100 MainStreet® remote access concentrators and the Newbridge® Timestep IPSEC security solution. The contract includes ongoing, on-site service support to meet Tele2 (UK)€s needs as its network expands. By deploying the Newbridge technology, Tele2 (UK) is able to leap to the next generation of Internet and corporate intranet communications. Using advanced digital wireless technology, which eliminates the need for costly cables, Tele2 (UK) delivers enormous practical benefits in terms of functionality, simplicity and cost. €Tele2 (UK) is the first company in the world to offer such a service to customers. The wireless technology used provides a permanent, high-speed connection to the Internet at a fraction of the cost of ISDN and leased line services. And because we provide access straight to the Internet, we act as the telco and Internet service provider all in one,€ said Peter Scrope, Chairman, Tele2 (UK). He added, €The rapid pace of Tele2 (UK)€s expansion requires a sturdy, reliable infrastructure, hence our ongoing relationship with Newbridge Networks. Tele2 (UK) has been trialing this service in the Thames Valley for over 12 months and as a result of its success, we are now aggressively expanding the service across the UK, starting with Nottingham, Leicester, Leeds and Bradford in the first quarter of 2000 and aiming to achieve 60 percent coverage of the population by 2003.€ €We have worked very closely with Tele2 (UK) over the past 12 months to develop a multi-level relationship through which we have gained an in-depth understanding of its business needs and its target markets,€ said Andreas Dohmen, executive vice president and general manager, Europe, Middle East and Africa, Newbridge Networks. € We have been instrumental in the development of the IP services they will be offering. Due to the success of this project, Newbridge Networks was recently awarded the prestigious position as Tele 2 (UK)'s Strategic €Partner in IP Networking€ within the UK. We look forward to continuing to support the company as it rolls out and expands its services across the UK.€ Tele2 (UK) Ltd is a public telecommunications operator pioneering broadband wireless data communications services, providing faster and cheaper connections than ISDN, at up to 2 Megabits per second. The service is used for high speed Internet access and intranet services and is designed principally for small and medium sized businesses and small office/home office workers. Tele2 (UK) is a wholly owned subsidiary of Millicom International Cellular S.A. (MIC), a leading developer and operator of cellular telephone services worldwide with 30 cellular operations in 19 countries. MIC also operates the world€s largest GSM clearing house. MIC has a 35 percent interest in a successful track record in the UK, having previously been a major shareholder of other UK ventures including Vodafone and Microtel (Orange). The company was originally called Liberty Communications, and was renamed Tele2 (UK) in April 1997 to fall in line with Tele2 Europe S.A., which is part of a joint venture between Millicom and Industriförvaltnings A.B. Kinnevik (Kinnevik) SEC which operates the Tele2 brand in deregulated telecommunications markets in Europe. 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 corporate 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 organisations 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 - end - Newbridge and logo are registered trademarks of Newbridge Networks Corporation. Media: Abi Connor 01628 428 729 aconnor@newbridge.com Tele2 Contact: Sally Dent 0118 923 8144 sally.dent@tele2.net.uk Financial analysts: John Lawlor 613-591-3600 jlawlor@newbridge.com Tele2 (UK) Selects Newbridge Networks to Deliver IP-Based Service Platform