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

To: zbyslaw owczarczyk who wrote (17962)	4/26/2000 10:13:00 AM
From: Gilbert Drapeau	Respond to of 18016

Newbridge Broadband Wireless Sector Shipments Top 1000: More than 60 service providers globally deploy Newbridge(r) solution APRIL 26, 2000 KANATA, CANADA--Broadband wireless industry leader Newbridge Networks (NYSE: NN; TSE: NNC) today announced that it has shipped more than 1000 broadband wireless base station sectors. This milestone in shipping reflects delivery to more than 60 of the world's service providers, including recent wins announced with British Telecommunications in Belgium, SmarTone in Hong Kong, and Hanaro Telecom in Korea. Newbridge again affirms its leadership in broadband wireless with the ability to manufacture and deliver in high volume. The Newbridge solution features true point-to-multipoint broadband wireless technology, including TDMA (time division multiple access). "In researching Strategis Group's upcoming broadband wireless report, we found that volume shipping is a key indicator of strength in the broadband wireless market," said Jamie Mendelson of Strategis Group. "This year is shaping up to be a breakthrough year for broadband wireless and milestones such as this reflect that growth." "Broadband wireless is emerging as a viable high-speed access alternative on a global basis," said Rob Gillan, Newbridge Vice President of Wireless Networks. "Our ability to deliver high volumes of product is further proof of our leadership is this space." The Newbridge broadband wireless access solution can be deployed rapidly, allowing service providers to expand their service portfolio and capture new markets quickly. In addition, the solution offers a lower total cost-of-ownership and increased revenue opportunities because it provides a mix of revenue-generating services, enables service providers to service more customers from one card and offers some of the most integrated network and service management capabilities available today. About 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