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Technology Stocks : ACT NETWORKS -- Ignore unavailable to you. Want to Upgrade?

To: Kevin K. Spurway who wrote (2163)	12/8/1997 8:43:00 AM
From: g.w. barnard	Read Replies (1) \| Respond to of 2326

kevin, now we know why, but still need to convert design wins to contracts. gw CAMARILLO, Calif.--(BUSINESS WIRE)--Dec. 8, 1997--ACT Networks, Inc. (NASDAQ:ANET) today announced that its SkyFrame(TM) satellite-based frame relay product line has received two product awards from Satellite Communications, the international satellite business journal published by Intertec/K-III Publications. Among the twelve award categories, SkyFrame(TM) received two awards -- "Best Voice Technology" and "Best Overall New Technology." The award winners, announced in Satellite Communications December 1997 issue, were determined through the survey results of their readers. "We are honored by these awards from the readers of Satellite Communications," stated Martin Shum, Chairman, President and CEO of ACT Networks. "SkyFrame(TM) offers users the ability to construct a switchless, hubless, mesh topology satellite network which supports integrated voice and data applications. It also enables the unification of satellite transmission with terrestrial frame relay service. We believe it represents a paradigm shift from the traditional SCPC and TDMA satellite network solutions. The recognition given to SkyFrame(TM) by these awards reflects the growing acceptance of ACT's Unified Access Architecture, our comprehensive enterprise network solution." This press release may contain forward-looking statements regarding future events and future financial performance of the Company. These statements are only predictions and actual events or results may differ materially as a result of a number of factors including, without limitation, the factors discussed in the Company's last Reports on Forms 10-K and 10-Q under Risk Factors and the risks associated with the possibility that the market for the Company's products will not continue to develop or that the Company's products and capabilities will not address emerging market needs; the effect of increased competition; changing technologies, product obsolescence and new product developments; the loss of significant customers; the Company's ability to effectively integrate acquisitions; the Company's ability to manage its growth; international sales, tariff and regulatory matters; reliance on third party suppliers and on resellers for distributing its products; and the Company's ability to retain key personnel and to adequately protect its proprietary technology. ACT Networks, Inc. develops, manufactures, and markets fast packet wide area network access products which support a broad range of voice, data and integrated network applications. The Company is focused on three strategic markets: enterprise networks (NetPerformer(TM)), satellite networks (SkyFrame(TM)) and carrier networks (ServiceXchange(TM) and DynaStar(TM)). ACT Networks is also the architect of Unified Access Architecture (UAA), a network system implementation. End users and service providers worldwide use the Company's products to build cost-effective, bandwidth efficient, easy-to-manage wide area networks (WANs). The Company's products incorporate advanced voice and data compression algorithms, switching capabilities and proprietary integration technologies. CONTACT: ACT Networks Melvin L. Flowers, 805/388-2474 or Morgen-Walke Associates Chris Danne or Jeannine Lewan, 415/296-7383 Sandra Badurina or Josh Passman, 212/850-5600 KEYWORD: CALIFORNIA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS PRODUCT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com Copyright 1997, Business Wire