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

To: zbyslaw owczarczyk who wrote (17960)	4/11/2000 5:40:00 PM
From: zbyslaw owczarczyk	Read Replies (1) \| Respond to of 18016

Newbridge to OEM Ditech's Echo Cancellation Products for Voice Over Packet Networks MOUNTAIN VIEW, Calif., April 11 /PRNewswire/ -- Newbridge Networks (NYSE: NN - news; Toronto: NNC - news), a leading global provider of managed network solutions, and Ditech Communications Corporation (Nasdaq: DITC - news), a leading provider of voice and data communications products, today announced the signing of a volume purchasing agreement. Under the terms of the agreement, Ditech will supply Newbridge with Ditech's suite of echo canceller products for OEM distribution in international markets. ``Delivering the best voice quality is an absolute requirement for building the emerging converged network,' said Tim Montgomery, Ditech's President and CEO. ``When voice is packetized for transport in a data-type network, routing delays exacerbate the negative effects of echo which are present in every telephone call. Our technology features the most sophisticated handling of network delay and echo in the market, and we're very proud that Newbridge Networks has selected us as its partner.' ``Our narrowband and broadband networking solutions provide the key integration and switching functionality that allow our customers to implement all their voice and data services on a single, more cost-effective network,' said Ed Ogonek, Newbridge's Executive Vice President, Switching and Routing Products Group. ``We selected Ditech as our partner because its products offer advanced technology to cancel echo problems in circuit-based or packetized networks as well as providing us with real-time monitoring tools so we can ensure the best voice quality to our customers.' Ditech Communications Corporation Ditech Communications Corporation is a global telecommunications equipment supplier for voice and data networks. Ditech's voice products are high-capacity echo cancellers which utilize advanced software and digital signal processor (DSP) technology. This unique combination of software and hardware allows Ditech to deliver Voice Quality of Service (VQoS(TM)), a robust and cost-effective solution for voice enhancement and echo cancellation. Ditech's products for data networks provide building blocks for high-speed, high-capacity backbone networks. These products are based on wavelength division multiplexing (WDM), a technology that enables many wavelengths of light, each carrying multiple gigabits of information, to be carried on one fiber optic connection. With Ditech's WDM products, network equipment companies and service providers can quickly and cost-effectively expand their network capacity to meet the growing demands of the Internet age without incurring the vast time and expense of laying new fiber optic cable. Ditech (DITC) is listed on the Nasdaq National Market and is headquartered in Mountain View, California (Web site: ditechcom.com ). Newbridge Networks Newbridge Networks designs, manufactures, markets and services wide area networking solutions for service providers in more than 100 countries. On February 23, 2000, Newbridge entered into a definitive agreement to be acquired by Alcatel, a world leader in end-to-end voice and data communications solutions systems. Alcatel's leadership in broadband access combined with the Newbridge leadership in ATM/MPLS/IP switched routing will make it one of the top players in the next generation networking market with complete, end-to-end communication solutions. Current Newbridge customers include the world's 350 largest telecommunications service providers. The Company employs more than 6,000 people on six continents. News and information are available at www.newbridge.com Forward-Looking Statements This press release contains forward-looking statements regarding Ditech's agreement with Newbridge Networks. Actual results generated by this agreement with Newbridge Networks could vary materially as a result of unanticipated factors and events, including those detailed from time to time in the reports and other filings Ditech makes with the Securities and Exchange Commission, including in Ditech's prospectus dated October 5, 1999. NOTE: Newbridge and logo are registered trademarks of Newbridge Networks Corporation. VQoS is a trademark of Ditech Communications Corporation. SOURCE: Ditech Communications Corporation