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

To: George Coyne who wrote (34330)	2/11/1998 12:16:00 AM
From: Gary Korn	Read Replies (1) \| Respond to of 61433

2/10/98 Newsbytes (Pg. Unavail. Online)(see BOLD) 1998 WL 5029590 Newsbytes News Network (c) Copyright 1998 Newsbytes News Network, LLC. All rights reserved. Tuesday, February 10, 1998 Philippines - Internet Experts Converge At APRICOT '98 Prudencia R MANILA, PHILIPPINES, 1998 FEB 10 (NB). Orani, Metropolitan Computer Times. Sun Microsystems Inc.'s [NASDAQ:SUNW] Science Office Director John Gage, International Telecommunications Union's Assistant Secretary General Henry Chasia, President Clinton's Information Technology Policy Adviser Ira Magaziner, and the Internet Engineering Task Force's Co-Director of Operational Requirements Area Scott Bradner, are among the Internet experts set to grace the Asia Pacific Regional Internet Conference on Operational Technologies (APRICOT) '98. The week-long Internet summit on February 16-20 at Shangri-La Manila, Makati City, will tackle policy and technology issues on Internet security, standards, quality of service, traffic management, domain name system, backbone and regional networks, routing Internet Protocol (IP) addresses, e-commerce, network operations, and others concerning the transfer of technology and techniques essential to growing a solid Internet infrastructure in the region. APRICOT's primary mission is "to develop and advance the skills and understanding necessary to grow a robust Internet infrastructure" in the Asia Pacific region by bringing the world's top Internet experts together with those who can most benefit from their knowledge. APRICOT '98 is the third staging of the Asia Pacific Regional Internet Conference on Operational Technologies, an annual event underwritten by the Asia Pacific Network Information Center (APNIC), the Internet registry for the Asia and Pacific Rim region. To ease the travel burden on attendees, APRICOT '98 will be held in conjunction with the APNIC annual general meetings, the Asia & Pacific Internet Association (APIA) annual membership meeting, and the winter Asia Pacific Networking Group (APNG) meeting. The first APRICOT held in Singapore, gathered 280 participants from 18 countries. APRICOT '97, hosted by Hong Kong, was attended by 630 delegates from 25 countries, Newsbytes notes. Fernando D. Contreras Jr., general manager of Iphil Communications Network (IPhil), one of the leading local organizers of the event, estimates 800 attendees for APRICOT '98. Contreras clarified that the target for APRICOT '98 is not really the mass market, but rather key Internet/intranet builders, including chief information officers (CIOs) and technology professionals, managers, decision-makers, and entrepreneurs from Singapore, Hong Kong, Japan, Thailand, the US, Australia, Malaysia, Indonesia, Korea, China, and the Philippines. "The content-rich forum will feature interesting seminars, workshops, tutorials, conference, birds-of-a-feather sessions, and exhibits where participants meet and learn from peers, including today's brightest Internet gurus," Contreras said. IPhil and the other members of the local organizing committee point out that corporate sector attendees could benefit most from the week-long Internet forum by being able to obtain first-hand information on what future technology and products they must consider in planning, building, or growing their respective Internet/intranet infrastructure. Participants of APRICOT '98 include: Digital Equipment Asia Pacific Ltd., Cisco Systems, Manila Bulletin Publishing Corporation, Meckler Media, Philippine Long Distance Telephone Company, Ascend Communications, Asia Internet Holding Co., Ltd. (ABONE ), Bay Networks, Ltd., AltaVista Asia, At & T Asia Pacific Group Ltd., Intelsat, The McGraw-Hill Companies, Inc., Netrue Communications, O'Reilly & Associates Inc., Softbank, Teleglobe Inc., Kokusai Denshin Denwa Co., Ltd. (KDD), Aponet, Inc., Datacraft-Asia, Hong Kong Telecoms, Infonet, MCI Telecommunications Corp, and Singapore Exhibition Services. Iphil, which was established in March, 1995, is reportedly the Philippines' "fastest corporate-only" Internet service provider (ISP) with a bandwidth of three megabits-per-second (Mbps). More information on the conference schedule, workshop, and tutorial sessions, exhibits, registration, as well as sponsorships, can be obtained from the APRICOT '98 Web site at apricot.net Reported by Newsbytes News Network: newsbytes.com

To: George Coyne who wrote (34330)	2/11/1998 12:17:00 AM
From: Gary Korn	Read Replies (2) \| Respond to of 61433

2/10/98 Star-Ledger (Newark N.J.) 044 1998 WL 3390462 The Star-Ledger Newark, NJ Copyright Newark Morning Ledger Co., 1998 Tuesday, February 10, 1998 BUSINESS NEW JERSEY COMPANIES AT&T expected to select Ascend AT&T Corp. is expected to select Ascend Communications Inc. as a supplier of high-speed switches for its telecommunications network. According to Bloomberg News, the contract calls for Ascend to supply AT&T with multi-service switches, which can route voice and data traffic on a computer network using multiple communication technologies, analysts said. They said the contract could be worth up to $30 million. Ascend had sales of $292.5 million in the latest quarter. Ascend and rivals Cisco Systems Inc. and 3Com Corp. view the so- called carrier market, which includes phone companies and Internet service providers, as a high-growth sales area in 1998. Ascend's contract is significant because it beat its competitors and could lead to more sales to AT&T, the largest U.S. telecommunications provider. "Any win at AT&T is a big one, especially against Cisco and 3Com," said James Wade, an analyst at BT Alex. Brown who has a "market perform" rating on Ascend's stock. AT&T confirmed that it uses Ascend's switches in its network but declined to comment on any recent contracts. Officials at Alameda, Calif.-based Ascend declined to comment. Beneficial sued A Beneficial Corp. unit illegally collected from bankrupt credit card customers through the use of a controversial debt-collection practice, according to a lawsuit in federal court. The complaint, filed in U.S. District Court in Wilmington, Del., alleges officials of Beneficial National Bank USA persuaded some customers to continue paying bills that could have been forgiven in bankruptcy proceedings. Beneficial executives achieved this through use of so-called "reaffirmation agreements," which the company failed to file in court, according to the suit filed by Beneficial customer Deric J. Pereira. While the agreements are legal, failure to file them with the court is a violation of federal law. In October, Sears, Roebuck & Co.'s $273 million settlement of class-action lawsuits by debtors who signed unfiled reaffirmation agreements won a judge's final approval. General Electric Co. currently is in the midst of consolidated litigation filed by bankrupt credit card customers over the same practice. A bankruptcy law reform panel has recommended doing away with reaffirmation agreements in many bankruptcy cases. Pereira, of Fall River, Mass., agreed to repay $1,290 to Beneficial National Bank in $30 installments under a reaffirmation agreement he signed as part of his Chapter 7 bankruptcy filing. "Beneficial never filed (Pereira's) reaffirmation agreement with the court," the suit contends. First Morris Morristown-based First Morris Bank said its fourth-quarter profits increased 12 percent to $600,000, or 66 cents a share, compared with $536,000, or 60 cents a share, for the year-earlier quarter. For all of 1997, net income increased $2.2 million, a 10 percent increase, from $2 million in 1996. Diluted per-share earnings for the entire year rose to $2.44 from $2.23 a year earlier. ---- INDEX REFERENCES ---- COMPANY (TICKER): Ascend Communications Inc.; AT&T Corp. (ASND T) NEWS SUBJECT: World Equity Index (WEI) INDUSTRY: Long Distance Telephone Providers; Telephone Systems; Telecommunications, All (LDS TLS TEL) SIC: 3576; 6021 EDITION: FINAL Word Count: 461 2/10/98 STLGRN 044 END OF DOCUMENT

To: George Coyne who wrote (34330)	2/11/1998 12:20:00 AM
From: Gary Korn	Respond to of 61433

ASND at the Olympics (see bold) 2/10/98 Bus. Wire 08:27:00 Business Wire Copyright (c) 1998, Business Wire Tuesday, February 10, 1998 Internet users the big winners at Nagano Winter Olympics MILPITAS, Calif--(BUSINESS WIRE)--Feb. 10, 1998--This year there'll be a new event at the Winter Olympics: global Internet roaming. With visitors from around the world converging on Nagano, Japan, February 7 to 22, access to the Internet will be critical for those depending on email and other online information services. But with most Internet customers required to make expensive long-distance calls back to their home countries for access, the real winners in the race for the "gold" will be the phone companies. Connecting to any of the major U.S. Internet service providers (ISP) from Japan can easily cost $1.50 a minute or more in long distance and hotel surcharge fees. This makes email even more expensive than using premium express delivery services or fax for staying in touch with people back home. If someone logs on for an average of 90 minutes a day, by the end of the Olympics access charges could be more than the person's airline ticket to and from Nagano. However, there is an affordable alternative for Olympic visitors whose Internet access is provided by one of the more than 250 members of the GRIC alliance throughout the world. By simply selecting the local access number through Japanese Internet provider KDD Communications (Nagano access number: 81-262-90-1100; Web site: www.kcom.or.jp), visitors can log on to their Internet accounts at local phone rates, just as if they were making the calls from their homes. And local calls generally have higher data quality and speed than long-distance connections. For an example of savings, if a person logs on via long distance three times a day for 45 minutes each session, the two weeks of log-in time will cost over $3,000. Using the GRIC network will cost around $200 for the same amount of time. Internet users can find out if their ISPs are a GRIC member by checking their carriers' Web sites, contacting their providers' customer service, or by looking at the members list on GRIC Communications' home page: www.gric.com. GRIC Communications of Milpitas, Calif., provides the network infrastructure that transparently authenticates users of one ISP when logging in on other ISP's access numbers. To log in locally worldwide, users simply mouse-click on the nearest access number listed on the GRICdial phone book and dialer on their laptop computers. The GRICdial software automatically negotiates the various protocols and makes the connection. Users are billed a small access charge and hourly rate, which is far less than accessing a distant home ISP. GRIC Communications is a leading clearinghouse for Internet telecommunications services. The company provides routing, authentication, network management, billing and settlement services to ISPs and telcos worldwide, enabling global Internet roaming, corporate remote access/VPN, fax, and telephony. GRIC-member ISPs and telcos number over 250 in more than 75 countries, and have a combined subscriber base of more than 13 million dial-up users and 20 million corporate users, making the GRIC alliance the largest managed network of Internet-based telecommunications services in the world. The GRIC alliance is comprised of the world's largest ISPs and telcos, including SPRYNET/CompuServe, NETCOM, Prodigy, Singapore Telecom, NEC, Fujitsu, KDD/KCOM, SANNET, Malaysia Telecom, Telecom Finland, Korea PC Telecom, FranceNet, Cybernet AG, Hong Kong Telecom, Samsung, Hyundai, Chungwha Telecom, and Telstra. GRIC's technology partners include Ascend Communications, Bay Networks, Cisco Systems, Digital Equipment Corporation, Lucent Technologies, Microsoft, Oracle, and Siemens Business Communications. Founded in 1994 and privately held, GRIC Communications has offices in California, Asia and Europe. For additional information, please contact GRIC Communications at 1381 McCarthy Blvd., Milpitas, CA, 95035. Phone: 408/955- 1920. Fax: 408/955-1968. Email: info@gric.com. Worldwide web site: http:// www.gric.com. Note to Editors: GRIC and the GRIC logo are trademarks of AimQuest Corporation. All other trademarks mentioned in this document are the property of their respective owners. CONTACT: GRIC Communications Jon Porter, 408/955-1920 Ext. 1162 jon@aimquest.com 08:12 EST FEBRUARY 10, 1998 ---- INDEX REFERENCES ---- NEWS SUBJECT: New Products & Services; Sports & Recreation (PDT SPT) Word Count: 620 2/10/98 BWIRE 08:27:00 END OF DOCUMENT

To: George Coyne who wrote (34330)	2/11/1998 12:21:00 AM
From: Gary Korn	Respond to of 61433

2/10/98 Bus. Wire 09:22:00 Business Wire Copyright (c) 1998, Business Wire Tuesday, February 10, 1998 Diamond Multimedia Tests V.90 Modem Interoperability; Diamond Multimedia will begin shipping new 56K V.90 based product this quarter VANCOUVER, Wash.--(BUSINESS WIRE)--Feb. 10, 1998--Diamond Multimedia Systems, Inc. (NASDAQ: DIMD), a leader in interactive multimedia acceleration, today announced that it has begun V.90 multi-vendor interoperability testing. Diamond Multimedia has taken a leadership role in efforts to demonstrate client/server interoperability by beginning tests between its 56K analog modems and common head-end equipment. Diamond has successfully established connections with both V.90-enabled Ascend MAX and 3COM Total Control remote access servers using its SupraExpress 56 product line. These server combinations power over 90% of the Internet Service Providers (ISP) in North America. Previously given the working name V.pcm, the new V.90 determination was approved at the ITU meeting on February 5th. The goal of the V.90 standard is to ensure full interoperability between client and central site systems from multiple vendors and provide high-speed communications worldwide. "The ultimate objective of the new standard is to provide greater compatibility between ISP's and end users," said Jim Cady, vice president and general manager of Diamond Multimedia's Communications Division. "Our customers are continually looking for faster products and widespread availability, and the implementation of this standard helps us achieve that end." In December, Diamond Multimedia, along with Intel and Microsoft, proposed a compromise that ended the stalemate between multiple factions in the standards group that ultimately led to the V.90 determination. Diamond Multimedia intends to be among the first to ship a V.90 compliant modem as demonstrated by other Diamond firsts, including K56flex modem shipment, 33.6Kbps modem shipment, V.80 videoconferencing support, Windows Plug and Play capability and the imminent shipment of Shotgun technology. Owners of Diamond 56K products will be able to take advantage of the new standard within a similar timeframe by downloading a free software upgrade to the V.90 standard from the company web site at diamondmm.com . All Diamond 56K modems are backwards-compatible with earlier industry standards and are backed by a five year parts and labor warranty. Diamond Multimedia Diamond Multimedia is driving the interactive multimedia market by providing advanced solutions for home, business and professional desktop computer users, enabling them to create, access and experience compelling new media content from their desktops and through the Internet. Diamond accelerates multimedia from the Internet to the hard drive with products that include the Stealth and Viper(R) series of media accelerators, the Monster series of entertainment 3D and sound accelerators, the Fire series of professional 3D and SCSI accelerators, and the Supra(R) series of modems. Diamond also markets DVD and video phone kits. Diamond's common stock is traded on the Nasdaq Stock Market under the symbol DIMD, and its web site address is www.diamondmm.com. How to Contact Diamond Multimedia There are many ways to reach Diamond for sales support, technical assistance, driver updates and general information: Internet Web Site: http:// www.diamondmm.com Diamond Multimedia's Headquarters and Multimedia Division: 408-325-7000; Fax: 408-325-7070 Communications Division (Supra brand modems) Main Phone Number: 360-604-1400; Fax: 360-604-1401 European Division (Germany): +49-8151-266-0; (UK): +44-1189-444400; (France) +33-1-47561157 Korean Office (Seoul): +82-2-551-2700; Fax: +82-2-551-2710 Japanese Office (Tokyo): +81-3-5695-8401; Fax: +81-3-5695-8403 ASEAN Office (Singapore): + 65-353-9511; Fax: +65-353-9510 Hong Kong Office: +852-2375-9023; Fax: +852- 2375-9021 Australian Office (Sydney): +61-2-9460-2355; Fax +61-2-9460-2360 Product Support (Voice), United States: 541-967-2450; Europe (Germany) +49- 8151-266-330; Europe (UK) +44-1189-444444; TDD/TTY Support 541-967-2451 Product Support (Fax), United States: 541-967-2401; Europe (Germany) +49-8151-266-331; Europe (UK): +44-1189-444445; (France) +33-1-47561139 Pre-sales Information: 1-800-468-5846 Investor Relations: 408-325-7476; 1-888-474-3463 (U.S. and Canada) 24-Hour Fax-On-Demand Service: 1-800-380-0030 FTP site: ftp.diamondmm.com BBS: 541-967-2444 (to 33.6 Kbps) or 408-383-0551 (ISDN); Europe (Germany) BBS at +49-8151-266333 (to 28.8 Kbps) or +49-8151-266334 (ISDN); Europe (UK) at +44-1189-444415 (to 33.6 Kbps) Note to Editors: Monster 3D and Supra are either trademarks or registered trademarks of Diamond Multimedia Systems, Inc. Viper* is a Registered Trademark of Directed Electronics, Inc., Used under License. All other trademarks referenced are the service mark, trademark or registered trademark of their respective manufacturers. This announcement relates to products whose introduction are in the United States of America. The product name contents, prices and availability may differ elsewhere in the world according to local factors and requirements. Though 56Kbps modems are capable of 56Kbps download performance, line impairments, public telephone infrastructure and other external technological factors currently prevent maximum 56Kbps connections. Except for historical information contained herein, the matters set forth in this press release, such as statements relating to the Company's ability to successfully exploit technological and market developments, the timing and success of new product introductions by the Company and its competitors, and the Company's ability to invest in new technologies and to enhance its existing systems are forward- looking statements that are subject to risks and uncertainties, including the impact of competitive products and pricing and alternative technological advances, the timely and successful development and market acceptance of new products and upgrades to existing products, and other risks as detailed from time to time in Diamond Multimedia's SEC filings, including its most recent Forms 10-K and 10-Q. CONTACT: Diamond Multimedia Douglas Little, 360-604- 1469 Dougl@diamondmm.com or 09:07 EST FEBRUARY 10, 1998 ---- INDEX REFERENCES ---- COMPANY (TICKER): Diamond Multimedia Systems Inc. (DIMD) NEWS SUBJECT: New Products & Services (PDT) MARKET SECTOR: Technology (TEC) INDUSTRY: Computer Peripherals; Computers (PRF CPR) PRODUCT: Computer Hardware (DCO) REGION: California; North America; Pacific Rim; United States; Western U.S. (CA NME PRM US USW) Word Count: 811 2/10/98 BWIRE 09:22:00 END OF DOCUMENT

To: George Coyne who wrote (34330)	2/11/1998 12:22:00 AM
From: Gary Korn	Respond to of 61433

2/10/98 ABIX - Austl. Bus. Intelligence (Pg. Unavail. Online) 1998 WL 9630810 ABIX (Australian news abstracts) Copyright Business Intelligence Australia Pty Ltd Tuesday, February 10, 1998 Ascend Assistance Centre Heads South Source: The Australian 10 Feb 1998 p36. Data networking equipment supplier Ascend Communications announces that its technical assistance centre for the Asia-Pacific will be located in Melbourne (Victoria). Sydney and a site in Malaysia were also considered for the centre, but Ascend indicates that Victoria won out because of the high level of support offered by the state's government. The Ascend move will create over 100 jobs in Victoria's information technology industry, which has seen 6,900 new jobs in just three years. State Treasurer Alan Stockdale says the state government's commitment to IT industries deserves some of the credit for this. The role of Ascend's Technical Assistance Centre (TAC) is outlined; Geoff Long; photograph. ---- INDEX REFERENCES ---- COMPANY (TICKER): Ascend Communications Inc. (ASND) KEY WORDS: ASCEND COMMUNICATIONS ; CORPORATIONS; AUSTRALIA ; INFORMATION TECHNOLOGY; AUSTRALIA INDUSTRY: Communications Technology; Telecommunications, All (CMT TEL) Word Count: 115 2/10/98 ABUSINTEL (No Page) END OF DOCUMENT