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Technology Stocks : Energis PLC (ENGSY) -- Ignore unavailable to you. Want to Upgrade?


To: 2brasil who wrote (25)6/11/1998 10:04:00 AM
From: SteveG  Read Replies (1) | Respond to of 33
 
<A> Newbridge - Energis Pact -2: Extends Existing Pact

ATLANTA (Dow Jones)--Newbridge Networks Corp. (NN) said it has signed an agreement with Energis plc (ENGSY) under which both companies will align their data networking strategies for the future.

In a press release, Newbridge said the agreement includes a contract valued at about $200 million for asynchronous transfer mode (ATM) switching equipment and related services, as well as the formation of a five-year "Partners in Data" agreement. It said this agreement extends the existing three-year relationship in the development and deployment of advanced data services.

Energis plc is a telecommunications company.

Newbridge, Ottawa, provides networking products and services.