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


To: Jack Colton who wrote (41793)4/1/1998 7:44:00 AM
From: Narotham Reddy  Read Replies (1) | Respond to of 61433
 
Any one heard ASND on CNBC

I over heard ASND's name getting mentioned on CNBC around 07:30 AM.
I could be wrong.

Narotham



To: Jack Colton who wrote (41793)4/1/1998 8:34:00 AM
From: Glenn D. Rudolph  Read Replies (1) | Respond to of 61433
 
PSINet and CompUSA Bring Fast, Reliable Internet Connectivity And Network Services to Small and Medium-Size Businesses

PR Newswire - April 01, 1998 08:15
PSIX %CPR %MLM %PDT V%PRN P%PRN

High Speed Dial-Up and Business Web Hosting on PSINet's Internet-optimized
Backbone Now Available Through CompUSA Integration Services

HERNDON, Va., April 1 /PRNewswire/ -- PSINet (Nasdaq: PSIX), the first
commercial Internet Service Provider (ISP), today announced the availability
of fast and reliable business-to-business connectivity and Web hosting
services for small and medium sized businesses through the Integration
Services unit of CompUSA, America's Largest Computer Superstore(R) retailer.
Through a newly formed strategic alliance between the two companies,
CompUSA business customers can now include high speed LAN, dial-up, and Web
hosting services on PSINet's powerful business network as part of the
comprehensive network services and technology solutions provided by CompUSA
Integration Services (CIS). CIS teams offer integrated network services,
personal computer-related products, and technical support to small and medium-
size businesses, as well as government and education customers.
"As efficient personal computer-related communications become more
critical to daily operations, smaller businesses are seeking a one-stop
resource to meet their complex needs. More and more, our business customers
of all sizes want an Internet provider they can depend on and that has a world
class presence," said Rick Fountain, vice president of technical services,
CompUSA. "CompUSA's alliance with PSINet enables our CIS teams to provide
fast, reliable commercial-grade services that allow our customers to optimize
their network capabilities."
"The PSINet-CompUSA alliance enables smaller businesses, including small
office home-office (SOHO) customers, to capitalize on PSINet's Internet-
optimized OC-48 backbone," said Rick Frizalone, vice president of business
development for PSINet. "Less than 30% of business in this country is
networked. But through CompUSA Integration Services and PSINet, small and
medium-size businesses can now access the same reliable, high caliber, high-
speed, fully supported Internet solutions that until now were primarily the
domain of large businesses," Frizalone added.
The PSINet backbone offers local-dial access to over 85% of the
continental United States population through 230 dial-up points-of-presence
(POPs) or network access points. Businesses signing on through CompUSA
Integration Services also have the added advantage of streamlined
communication to PSINet's corporate customers already on the PSINet network.
CompUSA Integration Services is a "total solutions provider" of technology
services for businesses offering "outbound" technical support including:
network integration, hardware maintenance, product support, configuration,
installation, project evaluation, disaster recovery services, and LAN dial-up
and Web hosting on PSINet's Tier 1 backbone. CompUSA currently offers CIS
services in more than nineteen major markets including: Atlanta, Cleveland,
Chicago, Minneapolis, Detroit, Dallas, Houston, Denver, Los Angeles, New York,
Washington, D.C., Philadelphia, Los Angeles, San Francisco, Phoenix, Seattle,
Miami, Tampa and the state of Hawaii.

About CompUSA Inc.
CompUSA Inc. is one of the nation's leading retailers and resellers of
personal computers and related products and services. The company currently
operates 150 CompUSA Computer Superstores(SM) in 68 major metropolitan markets
across the United States, which serve retail, corporate, government and
education customers and include technical service departments and classroom
training facilities. CompUSA also offers its own build-to-order personal
computer series, the CompUSA PCTM, and operates an Internet web site located
at compusa.com. CompUSA's headquarters are in Dallas, TX.

About PSINet Inc.
PSINet (Nasdaq: PSIX) is a global facilities-based Internet Protocol (IP)
data communications carrier focused on the business marketplace. As the first
and largest independent commercial Internet service provider in the world,
PSINet offers a broad set of high-speed corporate LAN connectivity services
supporting managed security and guaranteed Internet, intranet, electronic
commerce, Web hosting services, and services for other carriers and ISPs.
PSINet operates an international state-of-the-art frame relay-based, IP-
optimized network connecting to ISDN, ATM, SMDS, and wireless/satellite
systems, serving over 33,000 corporate accounts with over 400 points of
presence extending to 10 countries.
Headquartered in Herndon, VA, PSINet has subsidiaries in Canada, Japan,
Belgium, France, Germany, Italy, the Netherlands, Switzerland, and the UK.
General PSINet company information can be obtained by e-mail at info@psi.com,
or by accessing the Web site at psi.net.

SOURCE PSINet Inc.
/CONTACT: Michael P. Binko of PSINet Public Relations, 703-904-4285 or
binkom@psi.com; or Cynthia S. Smith of RMR & Associates, 301-217-0009, ext.
29, or csmith@rmr.com, for PSINet/
/Web site: psi.net compusa.com
(PSIX)