I know this is not the Bay thread but we do compete our used to compete with these people. Just jealous...I guess PS I do not own any Bay shares as IMHO they seem the most vulnerable to price competition?? Any opinions??
BW)(BAY-NETWORKS-2)(BAY) Price Waterhouse Mexico Selects Bay Networks' Routers and Accelar Routing Switches; New Network to Increase Quality of Communications to Customers
Business Editors/High Tech Writers
SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 15, 1998--Bay Networks, Inc.(R); (NYSE:BAY) today announced that Access Node router (AN(R)), Access Stack Node router (ASN(TM)) and Accelar(TM) routing switch products have been installed in the Price Waterhouse Mexico network. Bay Networks, with partners Comnet and Avantel, worked together to provide the winning solution of products and services for Price Waterhouse Mexico. Price Waterhouse is an international consultant business with 26 consultant firms around the world and is recognized for its worldwide customer services. Price Waterhouse Mexico, one of the 26 consultant firms, employees 1500 people in 11 states within the country. "The most important issue for Price Waterhouse is being in permanent touch with everybody, whether its clients or employees, from anywhere in the world," said Luis Gerardo Diaz, Price Waterhouse marketing, positioning, and communications (MPC) partner. "This is the true value of the network." "We are pleased that Price Waterhouse has selected us for their new Frame Relay network," said Gerardo Chavez, Latin America North Manager, Bay Networks. "Our products combined with our partners Comnet, for system integration, and Avantel, for frame relay services, provided an end-to-end winning solution that is already paying off for our customer." The primary objectives of the new network were to improve communications to customers, increase the speed and quality of internal communications, and reduce the cost of long distance communications. Before the new network was installed, email communications were handled using modems. Communications are now handled faster and cheaper using Bay Networks' ANs, ASNs and Accelar routing switches. Currently, ten states are connected through the new network and communications with the Price Waterhouse Technology Center in Tampa Bay, Florida have been greatly improved. "The network has surpassed our expectations," said Antonio Aguilar, Price Waterhouse reengineering manager. "We have already seen a cost savings of 30 percent in our corporate phone bill." The operating plans for the new network include standard applications such as e-mail, accounting, and human resources and other more advanced solutions, like data warehousing and client/server applications.
About Avantel
Avantel is a joint venture between MCI and the Financial Group Banamex-Accival (Banacci). Avantel offers a full range of domestic and international long distance telecommunications services -- switched and non-switched voice, data, and image -- to business, government and residential customers -- throughout Mexico. Avantel combines the technical and marketing strengths of the second largest US long distance company (MCI) and of the largest financial group in Mexico (Banamex). With the experience of both parent companies in areas like marketing, sales, customer service, regulations, planning and technology, a unique organization has been created with all the resources and experience necessary to break existing barriers and establish new standards for excellence in communications throughout Mexico and all over the world.
About Bay Networks
Bay Networks, Inc. (NYSE:BAY) is a leader in the worldwide networking market, providing a complete line of products that serve corporate enterprises, service providers and telecommunications carriers. The company offers frame and ATM switches, routers, shared media, remote and Internet Access solutions, IP services and network management applications, all integrated by Bay Networks' Adaptive Networking strategy. With headquarters in Santa Clara, California, Bay Networks markets its products and services around the world, providing 7x24-support coverage. For additional information visit the company's World Wide Web site at baynetworks.com or call 800/8-BAYNET. This release, other than historical financial information, may consist of forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. For instance, factors which could cause results to differ from future events include the rate of adoption of new technology, competitive pricing actions and marketing programs, among others. Readers are referred to the documents filed by Bay Networks with the S.E.C., specifically the most recent reports on forms 10-K and 10-Q, which identify important risk factors which could cause actual results to differ from those contained in the forward-looking statements.
Note to Editors: Bay Networks and AN are registered trademarks and ASN and Accelar are trademarks of Bay Networks, Inc. Other brand and product names are registered trademarks or trademarks of their respective holders.
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CONTACT: Bay Networks Kellie DiNaro, 408/495-3037 kdinaro@baynetworks.com or Miguel Licon, +52-5-480-1241 miguel_licon@baynetworks.com
KEYWORD: CALIFORNIA FLORIDA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED TELECOMMUNICATIONS INTERACTIVE/MULTIMEDIA/INTERNET PRODUCT |