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


To: Sector Investor who wrote (593)11/24/1997 8:15:00 PM
From: sepku  Read Replies (1) | Respond to of 1629
 
GLENWOOD, Md. and ALAMEDA, Calif.--(BUSINESS WIRE)--Nov. 24, 1997--

TIS' Active Security to Integrate With Ascend's Products;

TIS to also use Ascend's Pipeline Products with

Gauntlet(R) Firewall To Link Remote Users Securely

Trusted Information Systems, Inc., (NASDAQ: TISX) and Ascend Communications, Inc. (NASDAQ: ASND) today announced a partnership agreement to bring a new level of security to enterprise networking and remote Virtual Private Network (VPN) connections.

In one aspect of the partnership, TIS will use Ascend's Firewall Control Protocol (FCP) to develop an Active Response Module (ARM) configuration that can alert Ascend's Pipeline products, equipped with Secure Access Firewall, to anomalies occurring inside the local area network. If an intruder is detected, TIS' misuse detection WebStalker(R) technology notifies the Secure Access Firewall to shut down services at the infiltrated area and alerts
appropriate administrators that a breach has occurred. The result will be a more complete solution for customers, allowing them to prevent, detect and respond to a wider variety of unauthorized or malicious activities.

This application is among the first in a series of TIS active security applications for the enterprise. It also demonstrates the power of Secure Access Firewall when used with other security solutions.

Second, as part of the Gauntlet Advantage Plus (A+) Partner Program, TIS will team with Ascend to bring users a powerful solution for enabling remote VPN-connectivity between Ascend's Pipeline(C) products and Gauntlet network security products. Interoperability of Ascend's and TIS' VPN solutions was proven recently in extensive testing based on the IPSec encryption protocol supported by both companies. This combination will allow branch offices
and telecommuters equipped with Ascend's Pipeline products to use the Internet as a secure virtual private network connecting to corporate headquarters with Gauntlet Firewalls.

"We're excited to join forces with Ascend on a number of fronts to implement multi-dimensional security solutions for the enterprise. We're working closely together to integrate our Stalker technology with Ascend's Secure Access products, providing customers with a powerful combination of technology for actively detecting and responding to the range of threats inherent within their networks," said Harvey L. Weiss, President of TIS' Commercial
Division. "Simultaneously, our support for IPSec standards gives users confidence that strong encryption will secure their remote communications across multi-vendor VPN connections when using Ascend's Pipeline solution together with Gauntlet network security products."

"We are pleased to work with TIS on their initiative to develop innovations in active security. TIS' newly acquired intrusion and misuse detection technology, combined with support for our Secure Access Firewall, provides unbeatable protection for enabling secure enterprise-wide networking," commented Dave Dawson, general manger for Ascend's network security business unit. "As we continue to embrace IPSec as the encryption standard for
establishing cross-vendor VPNs, TIS has a leg-up by ensuring that their Gauntlet VPN products interoperate with the high-end solutions that customers are seeking."

"The collaborative work evidenced by these two companies is essential as organizations search for solutions that reach beyond the firewall," said Hans Von Braun, senior associate with Creative Strategies Research Intl., based in San Francisco. "By addressing the important issues of active security and support for encryption standards, Ascend and TIS are moving toward providing a more complete solution for tackling the multitude of security
issues facing the networked environment today."

For more information on TIS' portfolio of security solutions, visit the TIS website at tis.com

For more information on Ascend's networking solutions, visit the Ascend website at ascend.com

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 ascend.com, or e-mail info@ascend.com . Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda, CA 94502. Phone: 800/ASCEND4; Fax:
510/814-2300.

About Trusted Information Systems

Trusted Information Systems, Inc. provides comprehensive security solutions for protection of enterprise-wide networks. Focusing on full service security that enables organizations to take advantage of secure networking, TIS develops, markets, licenses and supports the Gauntlet(R) family of network security solutions -- the market leader in application gateway firewalls; RecoverKey(TM) user-controlled key recovery systems; and the Stalker
family of intrusion and misuse detection products. TIS products provide multi-dimensional security -- prevention, detection, and response -- for enabling the enterprise to operate securely from the perimeter to the server to the desktop. The Gauntlet Advantage Plus (A+) Program works with select partners to provide users with highly integrated, easy-to-use security solutions for maximizing productivity and minimizing total cost of ownership.
TIS performs comprehensive services in the areas of cryptography, security policy management, penetration testing, training, and custom engineering for commercial and government customers. Through TIS' Advanced Research and Engineering (AR&E) initiatives, a constant flow of innovative technology is incorporated into practical IT security applications. For more information, contact TIS at 301/527-9500, or for investor information contact
888/854-TISX. Visit the TIS web page at tis.com

CONTACT:

Cabe Franklin, 202/452-9504

E-mail: cabe-franklin@oar-wash.com

or

Jeannette Bitz, 510/747-2058

E-mail: jbitz@ascend.com

KEYWORD: MARYLAND CALIFORNIA

BW1255 NOV 24,1997



To: Sector Investor who wrote (593)11/25/1997 3:20:00 PM
From: Sector Investor  Read Replies (2) | Respond to of 1629
 
Synopsis from Bernstein: 3QWAN PACKET SWITCH SALES DISAPPOINTING

Bernstein says that third quarter sales reports support their assertion that ATM WAN packet switch sales will be disappointing. After showing nearly 150% growth in 1996, the last six months have shown significant market deceleration with sales increasing only 3% sequentially in Q2 and 1% sequentially in Q3.

They state that Q4 has traditionally been a strong quarter, so they expect a modest rebound to 9% sequential growth, but they remain relatively pessimistic about this market over the long run.

Bernstein adds that they do not expect Internet or voice networks to be integrated onto multiservice ATM networks in a meaningful way in 1998, and they remain skeptical about the prospects for telco migration to such fully integrated network architectures in the future. They say that their expectations for modest 25 to 30%
average annual growth through 2001 remain unchanged.

Specifically, Bernstein comments that Newbridge Networks has managed to keep its ATM WAN revenue increasing through steady share gains. Its Mainstreet 36170 product line had won every major carrier contract awarded in 1997 until Ascend broke the streak by signing a major deal with NTT. This success is manifested in its 24% market share and 13.6% sequential growth in WAN switch sales for its October quarter. With several major contracts expected to be awarded over the next 6 months, Bernstein expects a more competitive playing field.

Bernstein comments that Ascend has major new products that match up well with the Newbridge 36170, while Cisco and Nortel have made incremental improvements to their flagship switches which may make them more attractive to carriers. Bernstein expects Newbridge's share to stay level at about 24% yielding EPS well below consensus
in FY98 and 99.

Bernstein adds that Cisco's WAN packet switch sales account for only 8% of its revenues, so it is much less vulnerable to disappointments in this particular segment. However, Cisco has lost share in each of the last two quarters, falling from 31% to 24%. Cisco has made recent incremental improvements to its flagship BPX multiservice ATM platform that may make it more competitive for future carrier contracts.

Specific to ASND, Bernstein mentions that Packet switch sales account for 35% of ASND's revenues, however it is positioned to gain additional market share in the next 2-3 quarters. Ascend
has recently added multiservice capability to its CBX500 ATM switch and introduced the GX550 multiservice ATM switch, the first to offer 2.4Gbps OC48 connections. These products are expected to capture an increasing share of carrier contracts for Ascend.


Bernstein maintains their Underperform rating on Newbridge Networks and they re-affirm their Market Perform ratings ASND and CSCO.



To: Sector Investor who wrote (593)11/25/1997 3:24:00 PM
From: Sector Investor  Respond to of 1629
 
TECHNOLOGY: MORGAN STANLEY SOFTWARE & NETWORKING CONFERENCE PARTICIPANTS

NOTE that this should be right before earnings are out so ASND
should be in their quiet period regarding Q4 earnings - but not
for technology futures and products. This could be an additional
upside push mechanism besides the earnings and Q4 CC.


The following companies are scheduled to present at Morgan
Stanley's annual Software & Networking Conference at the Phoenician
Resort in Scottsdale, Arizona, from Monday, January 5 through
Wednesday, January 7, 1998.

ADC Telecommunications ADCT
Adobe Systems ADBE
ADTRAN ADTN
Advanced Fibre Communications AFCI
Advent Software ADVS
Amazon.com AMZN
America Online AOL
Arbor Software ARSW
Ascend Communications ASND
Aspect Telecommunications ASPT
@Home ATHM
Autodesk ADSK
Avant! AVNT
Baan Company BAANF
BMC Software BMCS
Broadcom --
Brocade --
Broderbund BROD
Cabletron CS
Cadence Design Systems CDN
Check Point Software CHKPF
Cisco Systems CSCO
Clarify CLFY
CNET CNWK
Computer Associates CA
Compuware CPWR
CUC International CU
Dassault DASTY
Documentum DCTM
E*TRADE EGRP
Electronic Arts ERTS
Excel Switching XLSW
Excite XCIT
FileNet FILE
Fore Systems FORE
Forte FRTE
Great Plains Software GPSI
HNC Software HNCS
Hyperion Software HYSW
I2 Technologies ITWO
Intel INTC
International Network Services INSS
Intuit INTU
JD Edwards JDEC
Manugistics MANU
McAfee MCAF
Mentor Graphics MENT
Microsoft MSFT
MMC Networks MMCN
Netscape NSCP
Novell NOVL
Objective Systems Integrators OSII
Oracle ORCL
Ortel ORTL
Parametric Technology PMTC
PeopleSoft PSFT
Platinum Technology PLAT
Polycom PLCM
Quickturn Design Systems QKTN
Red Brick REDB
SAP SAPHY
Scopus SCOP
Seagate Software --
Security Dynamics SDTI
Siebel Systems SEBL
Spectrian SPCT
Sterling Software SSW
Structural Dynamics Research SDRC
Sybase SYBS
Synopsys SNPS
System Software Associates SSAX
Teletech TTEC
3Com COMS
TMP Worldwide TMPW
Xylan XYLN
WorldCom WCOM
Yahoo! YHOO
Yurie Systems YURI