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To: Augustus Gloop who wrote (38662)	3/10/1998 1:04:00 PM
From: FUZFO	Read Replies (1) \| Respond to of 61433

OT* BANGKOK, March 10 (UPI) _ Thailand's edition of Penthouse magazine is the latest casualty in Asia's financial crisis. Asian Crisis is not over yet.

To: Augustus Gloop who wrote (38662)	3/10/1998 9:21:00 PM
From: Glenn D. Rudolph	Respond to of 61433

Newbridge announcement Reuters Story - March 10, 1998 20:55 %&64 %ELC %CA %MRG NNC.TO V%REUTER P%RTR (Full text of press release from Canadian Corporate News) MARCH 10, 1998 Newbridge Affiliates Create Video Powerhouse OTTAWA, ONTARIO--The Board of Directors of Telexis Corporation and Televitesse Systems Inc., two Newbridge(r) Affiliates, today approved a letter of intent for merging the businesses of the two companies. In a move to combine the respective leading edge technologies in video solutions and telecommunications, Telexis will lever the combined research and development efforts to deliver multimedia server products and applications to the carrier and enterprise markets. This video force will be uniquely positioned to meet the burgeoning demand for faster, more cost-effective and higher quality multimedia communications. The advent of streaming video technologies and their integration with traditional, Internet-based services such as E-commerce, requires a flexible media delivery platform. This new platform will enable corporations to build services and communicate with customers in a dramatically more flexible way, with freedom from single-vendor dependence. The strength of the video team enables the company to capitalize on these technological and market trends to deliver superior multimedia platforms that are standards compliant and platform independent. Eli Fathi, Telexis President stated, "In order to achieve a leading position as a provider of networked video products, we need to accelerate our response to growing customer needs for a broad range of multimedia services. Televitesse's investment in multimedia technology will accelerate our time to market. In combining the expertise of Televitesse and Telexis, we are creating a video powerhouse which will be strongly positioned to capitalize on the huge market opportunities our technology addresses." Newbridge Networks Corporation Chairman Terry Matthews noted that, "The synergy derived from the combined resources of these two Newbridge Affiliates will enhance the Company's commitment to delivering total solutions. The full potential of the company's applications can best be achieved when a carrier-class multimedia platform is available to deliver a networked solution to our clients. The Telexis networked video technology meets that objective." In 1992, Newbridge Networks initiated a strategy of establishing and investing in affiliate companies. This strong and growing family of technology companies offers products and services that are complementary to Newbridge's core business. With more than 1,500 employees and an estimated market value of more than $1 billion, Newbridge Affiliates have combined annual revenue of more than $300 million. Telexis Corporation, which is headquartered in Ottawa, Canada, is a world leader in providing networked video solutions. The Company develops, manufactures and markets sophisticated video, audio and image processing products for the telecommunications, security and remote monitoring markets. Telexis' platform is network-ready and enables video services to be carried seamlessly over existing and emerging telecommunications networks, with minimal additional infrastructure investment required. Televitesse Systems Inc. designs and builds network video and media solutions for today's information society. Its flagship product, accesTV, is recognized as state-of-the-art for real time searching, profiling and alerting of video and data streams. accesTV turns the entire spectrum of media into an intelligent personalized information source. FOR FURTHER INFORMATION PLEASE CONTACT: Telexis Corporation Eli Fathi (613) 738-2434 Internet: efathitelexscorp.com or Televitesse Systems Inc. Bob Mimeault (819) 771-7100 Internet: bmimeaulttelevitesse.com