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Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Marshall who wrote (12064)	1/27/1998 9:05:00 AM
From: Moonray	Respond to of 22053

3COM MOVES TO MAKE CONVERGED NETWORKS A REALITY WITH NEW PRODUCTS AND ALLIANCES FOCUSED ON COMBINING VOICE, VIDEO AND DATA WASHINGTON--(BUSINESS WIRE)--Jan. 27, 1998-- Strategic Alliance with Newbridge, Voice Over the Internet, Gigabit Ethernet and ADSL All Contribute to Converged Network Solutions 3Com Corp. (NASDAQ:COMS) today announced a series of significant new products and alliances that will greatly accelerate the widespread deployment of voice, video and data applications on a single, converged network. The announcements were made in conjunction with the ComNet Conference in Washington where 3Com Chairman and CEO Eric Benhamou is scheduled to deliver a keynote address on the emerging market for converged networks. The announcements include: -- A long-term strategic alliance between 3Com and Newbridge Networks to resell each other's local area network (LAN) and wide area network (WAN) products and to cooperate in the development and deployment of next-generation, converged networks supporting comprehensive voice, video and data applications. -- New voice over the Internet capabilities to enable Internet service providers (ISPs) to offer long-distance telephone calls and faxes over the Internet for the price of local calls. -- New lower price-point products for Fast- and Gigabit-Ethernet information flow to yield productivity increases for businesses adding voice and video applications to their data networks. -- Support for the Universal Asymmetric Digital Subscriber Line (ADSL) Working Group. "Converged networks -- or the merging of voice, video and data on a single wire -- will be a significant trend in 1998, and by the year 2000, 25% of corporate enterprise networks will be converged networks," said Benhamou. "A single converged network infrastructure has the potential to drive radical changes in every aspect of how people and organizations communicate and use information. The range of new applications and potential cost savings are enormous." Benhamou's keynote address at the ComNet 98 industry show in Washington on Jan. 27 will focus on converged networks. The address will be broadcast live on the Internet at: 3com.com, from 11:30 a.m. to 12:30 p.m. 3Com and Newbridge Strategic Alliance The 3Com/Newbridge alliance provides the industry's best end-to-end, policy-based solution for the union of data, voice and video applications on standards-based networks. As part of the agreement, 3Com will resell Newbridge's market-leading ATM WAN switching hardware and leading WAN network management software, strengthening 3Com's position in the enterprise market. Concurrently, Newbridge will offer 3Com's market-leading LAN and WAN access products. Voice Over IP In addition, 3Com announced Voice Over Internet Protocol (VOIP) for the Total Control(TM) remote access concentrator. The Total Control system enables ISPs to complement their data offering to enterprise and consumer customers with value-added services such as voice, fax, virtual private networking and content -- all delivered on a single platform. This expanded capability will enable ISPs to offer long-distance telephone calls and faxes over the Internet for the price of local calls. It will also facilitate Web commerce by allowing users to click on hyperlinks and immediately be connected to customer support agents while concurrently viewing Web pages. The Total Control VOIP system is a carrier-class remote access application for the existing Total Control platform. Network operations centers for major carriers and network service providers will now be able to manage one integrated network instead of multiple vertical networks. IBM Global Network, Siemens, Sprint and USA Global Link are in VOIP field trials. The Total Control system is the market leader with a 40% share, according to recently released analyst studies. Fast and Gigabit-Ethernet As enterprise businesses face the prospects of deploying a new generation of powerful computer applications with increased data volumes, they are bracing themselves for the next big shift in networking: a leap from traditional Ethernet to Gigabit networks with a 100-fold performance boost. In response to this demand, 3Com is introducing a complete high-bandwidth solution from desktop computers to the data center. The new networks combine 1000 megabit per second (Gigabit Ethernet) equipment at the core with the intermediate performance level -- 10/100 megabit per second -- at the desktop. This range of faster networking equipment provides the necessary bandwidth for the emerging converged networking market. Support of Universal ADSL Working Group 3Com is announcing its support of the Universal Asymmetric Digital Subscriber Line (ADSL) Working Group. The commercialization and standardization of Universal ADSL is a key component to 3Com's comprehensive ADSL product lines. 3Com's support is evidence of its continuing commitment to innovation and leadership in personal Internet access and building a migration path from 56kbps to multigigabit ADSL speeds. The Working Group is an important step in furthering industry cooperation and subsequent standards setting for ADSL and bringing this high-speed technology to 3Com's consumer, small business, enterprise and carrier markets. 3Com will take the lead in helping the industry agree on a standard implementation of the technology as well as work with other companies to ensure that there is widespread interoperablility between products from different companies. 3Com ADSL products are currently being used around the world in carrier trials and as part of enterprise solutions for customers ranging from Sheraton Hotels to Princeton University. About 3Com 3Com Corporation enables individuals and organizations worldwide to communicate and share information and resources at anytime from anywhere. As one of the world's preeminent suppliers of data, voice and video communications technology, 3Com has delivered networking solutions to more than 100 million customers worldwide. The company provides enterprises, network service providers and carriers, small businesses and consumers with comprehensive, innovative information access products and system solutions for building intelligent, reliable and high performance local and wide area networks. For further information, visit 3Com's World Wide Web site at 3com.com, or the press site at 3com.com. Note to Editors: 3Com is a registered trademark and Total Control is a trademark of 3Com Corp. or its subsidiaries. All other company and product names may be trademarks of the respective companies with which they are associated. CONTACT: 3Com Corp. Bob Ingols, 408/764-8002 or Coltrin & Associates Todd Irwin, 408/326-2830 Copyright 1997, Business Wire. All of the releases provided by Business Wire are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Business Wire's members, who are solely responsible for their content, accuracy and originality. All reproduction, other than for an individual user's reference, is prohibited without prior written permission. nasdaq! o~~~ O