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Technology Stocks : Ascend Communications-News Only!!! (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: Pigboy who wrote (471)	11/5/1997 5:09:00 PM
From: Maverick	Respond to of 1629

FORMER ASCEND EXECUTIVE TAKES NEW MANAGEMENT ROLE AT Assured Access Technologies Company Ramps Up Worldwide Customer Service and Support Infrastructure In Anticipation of First Customer Ship MILPITAS, Calif., Nov. 3 /PRNewswire/ -- Assured Access Technology, Inc., an innovative developer of access switches for the Server Provider market, today announced that former Ascend executive David Schroeder has joined the company to head up its worldwide customer service and support operation. In this role, Mr. Schroeder will build an infrastructure from the ground up, ensuring the right set of tools and processes are in place to enable Assured Access to deliver exceptional service and support to its customers worldwide. Assured Access introduced the industry's first family of WAN Access Switches designed and built specifically for public data networking in September 1997. The company's products will be available for first customer shipment in December 1997. "Our business is completely focused on fulfilling the operational and business requirements of today's Internet Service Providers," said Art Klein, President and CEO of Assured Access Technologies. "We thought it was a mandate to recruit a very senior executive -- a service veteran -- who understands at every level what it takes to build and lead a world-class customer service initiative. We feel fortunate to be able to recruit an individual as highly talented and experienced as Dave Schroeder." As Vice President of Global Customer Service at Ascend Communications, Inc., Mr. Schroeder was responsible for more than 200 customer service employees in five key support centers worldwide. During his tenure there, Mr. Schroeder developed revenue-generating marketing programs and increased customer service revenue over 300% percent; selected and managed third party service providers; directed warranty and repair product inventory management, and developed efficient systems and tools for service delivery. Prior to Ascend, Mr. Schroeder was the director of technical support at Madge Networks Ltd. where he had responsibility for all service and support in the Americas, including recruiting and employee development, strategic direction, introduction and support of new products and service programs, internal technical training, and measurements and service revenue. Earlier in his career, Mr. Schroeder was the department head for all customer services at Vitalink Communications Corporation where he was responsible for worldwide customer service and technical support. He also served as a senior teleprocessing analyst at Hughes Aircraft Company, where among his responsibilities included designing and selecting various vendor equipment for the company's private wide-area network. Founded in September 1996, Assured Access Technology, Inc. develops, markets and supports WAN Access Switches to fulfill the operational and business objectives of Internet Service Providers. With an advanced architecture that is scalable to significantly more than the capacity of current access solutions, the Assured Access product family is positioned to help Service Providers increase switched and dedicated

To: Pigboy who wrote (471)	11/5/1997 5:27:00 PM
From: Maverick	Read Replies (2) \| Respond to of 1629

I learned that AT&T WorldNet is evaluating ASND's GX 550 to expand its all ATM backbone capacity to OC-12 and OC-48 using ASND's Navis network management SW. In addition to evaluating GX 550 for core switching, AT&T also evaluates the CBX 500 as an ATM edge switch as well. The GX 550 Core ATM Switch provides the capacity of a core switch with the intelligence of an edge switch, with first to market OC48/STM-16 trunking capability. ATM core switching OC3/STM-1 - OC12/STM-4 25-100 Gbps Trunking up to OC48/STM-16 The CBX 500 Switch with multiservice capability allows service providers to deliver ATM, Frame Relay and IP services on a single platform. ATM, Frame Relay, and IP Switching High Speed Frame Relay 2.5 - 5 Gbps switch capacity 10/100 Mbps Ethernet DS1/E1 - OC12/STM-4 If ASND wins this contract potentially worth several hundreds of million dollars plus training, upgrade, and maintenence, there will be a significant upside suprise to FY98. AT&T plans to extend the current OC-3 hub architecture and expand the network capacity to OC-12 and OC-48. AT&T is currently deploying ATM switches to its backbone nodes. The next phase is to convert the backbone network to an ATM switch fabric. AT&T plans to spend $8 billion to $9 billion to upgrade its core infrastructure to SONET/ATM for all voice and data services. As part of this effort, AT&T has already installed 30 OC-48 SONET rings across the U.S., and plans to install an additional 50 in 1998. Currently, dedicated AT&T WorldNet Managed Internet Service customer circuits are back-hauled to one of the 11 backbone nodes for connection to the network. The next wave of development for this infrastructure will be to deploy 100 concentrator nodes. The concentrator nodes will be connected with the 11 backbone nodes through DS-3s. This second tier of development will begin later in 1997 and continue into 1998. With the deployment of the concentrator nodes, customer circuits will then be back-hauled to either the nearest concentrator node or backbone node for connection to the network.