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Technology Stocks : YURI ( YURI SYSTEM ) -- Ignore unavailable to you. Want to Upgrade?

To: Feraldo who wrote (352)	2/2/1998 11:44:00 AM
From: Alex Chilton	Read Replies (1) \| Respond to of 1181

First Bay, then Lucent, now Ericsson: Alex. ÿ ÿ Tell Me More - From Infoseek ÿ Business Books at B&N.com Yurie Signs Three Year OEM Agreement with Ericsson February 2, 1998 9:05 AM EST LANDOVER, Md., Feb. 2 /PRNewswire/ -- Yurie Systems, Inc. (Nasdaq: YURI) announced today a three-year global OEM agreement with Ericsson, Inc., the U.S. subsidiary of telecommunications giant and worldwide systems integrator Telefonaktiebolaget LM Ericsson. Under the terms of the agreement, Ericsson will resell Yurie's LDR multi- service ATM access products worldwide under the Ericsson brand name. The agreement also supports Ericsson's plans to perform systems integration and equipment management for Internet service providers. Ericsson has obtained a Letter of Intent to provide services to Splitrock Services, Inc., whom Ericsson will furnish with turnkey solutions, including the supply of Yurie equipment. "Incorporating the Yurie products and technology into our portfolio is a critical component of Ericsson's worldwide strategy for delivering comprehensive telecommunications solutions," said Steve Burgon, Director of Data Services for Ericsson, Inc. "And by providing services to Splitrock, Ericsson quickly gains entry into a rapidly expanding market, delivering Yurie's leading technology and Ericsson's systems integration expertise to a significant player in the ISP arena." "Yurie is excited about the prospects of the Ericsson relationship," said Harry Carr, Yurie's president and chief operating officer. "Ericsson's established worldwide voice, telephony and wireless presence is a powerful complement to Yurie's multi-service access solutions, strengthening even more the global reach of Yurie's technology. And Ericsson's plan to provide our products to Splitrock will prove a win-win-win for all involved: Ericsson establishes its position with ISPs, Splitrock gets turnkey services from a world-class systems integrator, and Yurie enhances its distribution network." Yurie's multi-service ATM access products enable network service providers and enterprise customers to consolidate data, voice, and video onto a high speed ATM network, while their flexible switching architecture also supports existing TDM, frame relay, ATM, and IP services. Offering leading-edge solutions for today's multi-service networks, Yurie's LDR200 and LDR50 multi- service ATM access switches feature the company's advanced traffic management algorithm AQueMan. Both the LDR200 and LDR50, as well as the branch-office LDR5 multi-service ATM access device, are covered under the agreement with Ericsson. Ericsson's 100,000 employees are active in more than 130 countries. Their combined expertise in fixed and mobile networks, mobile phones and infocom systems makes Ericsson a world-leading supplier in telecommunications. Based in Landover, Maryland, Yurie Systems, Inc. designs, manufactures, markets, and services multi-service ATM WAN access equipment for telecommunications service providers and corporate and government end users. Dataquest and the Vertical Systems Group recently identified Yurie as the market share leader in the ATM WAN access equipment market for 1996 and 1997, respectively. For more information on Yurie Systems, call 301-352-4600 or visit the Company's Web site at yurie.com. This release may contain forward-looking statements regarding the Company's business, customer prospects or other factors that may affect future earnings or financial results. Such statements involve risks and uncertainties which could cause actual results to vary materially from those expressed in or indicated by the forward-looking statements, and should be understood in light of the risk factors detailed in the Company's recent prospectus, 10-K and 10-Q filings. SOURCE Yurie Systems, Inc. c PR Newswire. All rights reserved.

To: Feraldo who wrote (352)	2/2/1998 12:19:00 PM
From: SteveG	Read Replies (1) \| Respond to of 1181

I'm hearing a strong Q4 may be in this week. First Call (and BTAB) are looking for .09. Anyone else think better than a dime? We're just above the 50dma, and will likely get above the 200dma (on or before earnings). Looks strong, especially if we can close above some resistance at ~24. also, recent press: <A>Yurie Signs Three Year OEM Agreement with Ericsson biz.yahoo.com and from last week: <A> CPLDs enable first-pass success techweb.com and <A> Amerindo Group Has 11.75% Yurie Systems Stake WASHINGTON (Dow Jones)--A group including Amerindo Investment Advisors Inc. has a 11.75% investment stake in Yurie Systems Inc. (YURI). In a filing Monday with the Securities and Exchange Commission, the group said it bought 144,200 common shares between Nov. 19 and Dec. 11 at prices ranging from $17.50 to $27.44 per share, and now has 2.93 million shares of the Landover, Md., company for investment purposes.