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

To: Gary Korn who wrote (29474)	1/6/1998 8:45:00 AM
From: Tom Hua	Respond to of 61433

Ascend Promotes Roger Boyce to Head New Business Unit Enterprise Access Business Unit Devoted to Connecting Corporate Enterprise to the Public Data Network ALAMEDA, Calif.--(BUSINESS WIRE)--Jan. 6, 1998--Ascend Communications, Inc., (NASDAQ:ASND - news) announced today that Roger Boyce has been promoted to the newly-created position of Vice President and General Manager, Enterprise Access Business Unit. In his expanded role, Boyce will assume responsibility for Ascend's key Security and Remote Access products, in addition to the Multimedia Access products over which he currently has responsibility. Boyce will report directly to Ascend's president and CEO Mory Ejabat. ''Roger has done an excellent job building our multimedia access business,'' said Ejabat. ''Now, as Ascend's Network Service Provider (NSP) customers leverage our Core Systems, Network Management and Access products to build the New Public Network (NPN), we are asking Roger to drive solutions that will give enterprise customers secure, reliable, high-bandwidth access to the NPN.'' Over the past two years, revenue from Multimedia Access products has doubled under Boyce's leadership. As a result of this success, Boyce has invested in next generation solutions that leverage technology across Ascend's broad product offerings. ''Ascend has a wide range of new products and solutions that our customers will use to build, and take advantage of, the Public Data Network,'' said Boyce. ''What you will see coming out of my group will be products that continue to offer best-of-breed remote, multimedia and security solutions for our NSP and corporate customers.'' The new business unit combines three existing business units under one: The Remote Products Business Unit, which includes the Pipeline family of remote access products for consumer, small and branch offices as well as enterprise customers; The Security Products Business Unit, which includes Ascend's complete line of secure access firewall and authentication products, built around industry-standards such as IPSec; The Multimedia Products Business Unit, which comprises the Multiband family, leading-edge solutions for high- and variable-bandwidth applications, such as videoconferencing. About Ascend Communications Ascend Communications, Inc. develops, manufactures, services 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 send email to info@ascend.com . Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda, CA 94502-3002. Phone: 800/ASCEND4; Fax: 510/747-2300.