Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: P.M.Freedman who wrote (590)	11/24/1997 8:34:00 AM
From: Chris S	Read Replies (1) \| Respond to of 1629

Company press release Monday November 24, 7:59 am Eastern Time Company Press Release HiNet Selects Ascend MAX TNT WAN Access Switch for Major Network Expansion Taiwan's Primary Telecommunications Carrier, Chunghwa Telecom Co. Ltd. to Deploy Over 35,000 MAX TNT Ports for Expansion of HiNet Internet Service ALAMEDA, Calif.--(BUSINESS WIRE)--November 24, 1997-- Ascend Communications, Inc., (NASDAQ:ASND - news) today announced that the company has been awarded a major contract to deploy MAX TNT WAN access switches by HiNet Internet service, Taiwan's largest Internet Service Provider. HiNet is a unit of Chunghwa Telecom Co. Ltd, Taiwan's primary telecommunications carrier. HiNet will purchase over 35,000 MAX TNT WAN access ports, making this one of the largest dial-up service deployments in the Greater China Region. The network expansion program further solidifies HiNet's position as the preeminent provider of Internet services in Taiwan, with Points of Presence (POPs) throughout the entire island. The MAX TNT WAN access network will provide HiNet with K56Flex analog and ISDN access capabilities, as well as Fast Ethernet into the POP, further increasing the capacity and reliability of HiNet's Internet infrastructure. Ascend is partnering with Rockwell Semiconductor Systems, the world's largest supplier of modem chips, and Phitech Corporation, a leading network integrator in Taiwan, to provide HiNet with the most advanced access solutions available today. Taiwan's current Internet subscriber base is approximately one million and, according to the objective of the National Information Infrastructure project, will increase to three million subscribers by the year 2000. With data traffic growing much faster than voice traffic, service providers will have to keep pace with both the capacity demands and the requirements for higher levels of quality, reliability and management. ''With the MAX TNT deployment, HiNet will be in a position to accommodate an exponential growth of Internet subscribers with the dial-up versatility, reliability and security required,'' said Derek Hu, President of Phitech. ''The Ascend MAX family has proven that Ascend is a partner that will keep us on the leading edge.'' ''Our relationship with HiNet adds another major ISP to Ascend's growing list of partners in the Asia Pacific region. Ascend has been working with HiNet for two years and we have a strong commitment to making their network and services successful,'' said Tony Wise, Ascend's director for Asia Pacific. ''We look forward to further innovative cooperation with HiNet as the new public network is built.'' According to Kevin Poon, Ascend's general manager of Greater China, ''Although several networking companies participated in the bid, I believe Ascend had the most thorough understanding of HiNet's requirements. In addition, we demonstrated to HiNet the efficiency, responsiveness and seamless teamwork between us and our partners that service providers require, which is the result of Ascend's experience working with the largest service providers in the world.'' About Ascend Communications Ascend Communications, Inc. develops, manufactures and sells wide area networking solutions for telecommunications carriers, Internet service providers and corporate customers worldwide. For more information about Ascend and its products, please visit the Ascend web site at www.ascend.com, or e-mail info@ascend.com . Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda, Calif., 94502. Phone 800/ASCEND4; Fax 510/747-2300.