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


To: stilts who wrote (46089)5/6/1998 8:18:00 AM
From: Glenn D. Rudolph  Respond to of 61433
 
Ascend Announces Major Milestone: Ships 50,000th MAX; Pioneering MAX WAN Access Switches Are Most Deployed Architecture for Exploding ISP Market

Business Wire - May 06, 1998 08:03
%ASCEND-COMMUNICATIONS ASND %CALIFORNIA %COMED %COMPUTERS %ELECTRONICS %TELECOMMUNICATIONS %PRODUCT V%BW P%BW

ALAMEDA, Calif.--(BUSINESS WIRE)--May 6, 1998--Ascend Communications Inc. (NASDAQ:ASND), the leading provider of WAN Networking Solutions for Network Service Providers (NSPs), today announced that it has shipped its 50,000th MAX. Enabling millions of users to log on to the Internet, the MAX line of Wide-Area Network (WAN) Access Switches has achieved a significant milestone that marks Ascend's history of providing more than four million access ports to Network Service Providers and enterprise customers around the world.

"We are very excited to have reached this important milestone," said Mory Ejabat, CEO of Ascend. "We designed the MAX platform to support the dynamic connectivity requirements of high-volume Internet access and corporate remote access. As the product line has expanded, we have continued to deliver the robust functionality and range of access technologies that service providers, as well as corporate customers need to be successful. Our 50,000th shipped MAX represents a continued commitment to our customers, and validates our established market leadership."

Market Leading Product Satisfies Key Customer Needs

Ascend is the market leader in WAN Access Switches, with over 40 percent of the analog ports deployed worldwide, according to market research firm Dell'Oro Group. Ascend's MAX and MAX TNT products enable enterprise customers and service providers to deploy remote access and Internet dial-up access, as well as providing a wide range of additional features through Ascend's recently-announced True Access(tm) Operating System.

"The MAX product line has continually proven its worth as a mission-critical element of our service infrastructure," said Rob Welsh, director of engineering of dial-up services at BBN/GTE Internetworking. "Not only have we built our business around MAX products, but as Ascend raises the bar in functionality and scalability, we have been able to leverage that innovation to provide our customers with new service offerings."

The MAX and MAX TNT have maintained industry leadership by satisfying the needs of leading Internet Service Providers (ISPs), traditional and competitive carriers, and corporate customers woldwide. Ascend's MAX products provide reliable and scalable infrastructure to an ever expanding and integrating telecom/data industry. With ISP clients that include PSInet, BBN, and UUNET, Ascend provides the majority of all backend Internet infrastructure. In addition, leading carriers and Competitive Local Exchange Carriers (CLECs), including XCOM and Teleport, and major corporations such as Hewlett-Packard, Kinko's, Ninetendo of American and others utilize MAX products for their networking solutions. Internationally, MAX switches are used by many of the Postal Telegraph and Telephone (PTT) agencies and well-known ISPs in Europe, Asia-Pacific and South America.

Ascend's Best of Breed Solutions

The MAX and MAX/TNT are critical components of Ascend's "best-of-breed" solution set for service providers. As a stand-out in the data networking industry, Ascend provides a complete set of solutions, including enterprise connectivity, service provider access, and core systems, as well as technologies and solutions that provide end-to-end quality-of-service (QoS), security, and network management. This "best of breed" capability allows service providers to build and manage revenue-generating services over existing and new infrastructures.

About Ascend Communications

Ascend Communications Inc. develops, manufactures, sells and services wide area networking solutions for telecommunications carriers, Internet service providers and corporate customers worldwide.

Press and Industry analysts, please contact Meredith Valt, Alexander Communications 415/923-1660, mvalt@alexandercom.com; Investors and financial analysts, please contact Kristina Graziano, 510/747-2345, kristina.graziano@ascend.com for all other inquiries please call toll-free: 800/ASCEND4.

For more information about Ascend and its products, please visit the Ascend Web site at www.ascend.com, or send e-mail to info@ascend.com. Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda, Calif. 94502; phone is 800/ASCEND4 and fax is 510/814-2300.

The foregoing statements may contain forward looking statements that are based on current expectations and involve risks and uncertainties. Actual results could differ materially from these expectations as a result of factors including, but not limited to, the Company's success in developing, introducing or shipping new products, competition, the mix of distribution channels employed, the Company's dependence on single or limited source suppliers for certain components used in its products, risks inherent in international sales, seasonality and general economic conditions. These and other factors are discussed in Ascend's 10-K, 10-Q and other filings made periodically with the Securities and Exchange Commission.


CONTACT: Ascend Communications
Stacy L. Ellis, 510/747-6783
stacy.ellis@ascend.com
or
Alexander Communications
Meredith Valt, 415/923-1660
mvalt@alexandercom.com