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

To: gbh who wrote (41669)	3/31/1998 4:18:00 PM
From: pat mudge	Read Replies (1) \| Respond to of 61433

newsalert.com

To: gbh who wrote (41669)	3/31/1998 4:21:00 PM
From: All Mtn Ski	Read Replies (1) \| Respond to of 61433

PSI-Ascend story: PSINet Inc. (Nasdaq: PSIX) announced today that it has purchased 50,000 MAX TNT modems from Ascend Communications (Nasdaq: ASND), to be deployed primarily in its existing points-of-presence (POPs) in Canada, United States, and across Europe. All modems support both ISDN and 56K standard connections and will be deployed throughout the PSINet Internet-optimized network during the next two quarters. "Demand for PSINet dialup services in Europe is extraordinary," said Volker Kleinn, president and chief executive officer of PSINet Europe, based in Switzerland. "Commercial connections in the UK and Germany, where PSINet has 100% country-wide coverage with a local calling number, has never been stronger." Kleinn is responsible for operating subsidiaries in seven European countries, all of which will add more ascend modems. infobeat.com