(Full text of press release from Canadian Corporate News) JULY 29, 1998 Newbridge Networks Sells First Enterprise-Wide Network with ATM WAN Backbone in Korea KANATA, ONTARIO--LG-EDS Corporate Network Links Offices in 20 Countries Newbridge Networks today announced LG-EDS Systems Inc. of Korea has selected Newbridge to install an end-to-end asynchronous transfer mode (ATM) wide area network (WAN). This is the first ATM network being installed by Newbridge in Korea. A subsidiary of LG Group, one of Korea's chaebols, LG-EDS provides electronic data processing services to LG Group, as well as consulting and systems management and integration services to more than 1400 companies located throughout Korea. The company's original private line network was installed by Newbridge in 1993. The ATM network, which will extend across 20 countries, is supplied by LG Information and Communication Limited and is based on the Siemens / Newbridge MainStreetXpress(tm) 36170 Multiservices Switch and the industry-leading MainStreetXpress 46020 Network Manager. The network meets the company's requirements for a high-capacity corporate network encompassing local and wide area networks delivering high-speed multimedia services, such as data applications, voice, video and Internet Protocol (IP) traffic to its nationwide and overseas offices. "We are proud to implement Korea's first corporate-wide ATM network and we are confident of the project's success because of our association with Newbridge Networks," said Mr. Sa-Yoon Kim, General Manager of LG-EDS Systems Inc. "Newbridge's leadership position in ATM will ensure that we will provide our nationwide and overseas offices with some of the most advanced, reliable and cost-effective services in the world." With MainStreetXpress 36170 Multiservices Switches installed in each of the major cities in Korea, linked by 45 Mbit/s DS3 trunks, LG-EDS is able to provide an unprecedented level of performance to its corporate users. The ATM backbone consolidates all of the company's voice, data, and multimedia Internet Protocol (IP) traffic onto a single, unifying multi-services platform. This not only improves performance, but also simplifies network operations, reduces network capital and operational costs, and improves the overall performance and reliability of the network. The Newbridge(r) solution was chosen because of its high-capacity, flexibility and scalability, key requirements for meeting the dynamic demand for broadband services. The MainStreetXpress 36170 Multiservices Switch, a high-capacity, standards-based platform, is scalable from 800 Mbit/s to 51.2 Gbit/s with full-protection switching. It supports permanent virtual circuits (PVC), switched virtual circuits (SVC), soft permanent virtual circuits (SPVC) and soft permanent virtual paths (SPVP) to offer frame relay, cell relay, advanced private line, switched multi-megabit data service (SMDS), LAN internetworking, xDSL and broadband wireless services. In addition, it provides sophisticated traffic management functions to accommodate a great variation in service objectives and bandwidth requirements. The MainStreetXpress 46020 Network Manager was selected because of its capability to provide end-to-end networking and service management, encompassing existing narrowband through new broadband services. It provides unified, standards-based management of Newbridge and third-party LANs and WANs. The system is used to configure the network, manage links and paths, monitor network operations and isolate and manage conditions that may alter the network's efficiency. "We are very pleased to have been selected to supply the enterprise network for LG-EDS," commented Ken Park, Managing Director, Newbridge Networks Korea, Limited. "We have worked closely with LG-EDS to develop a world-class, state-of-the-art network that can be upgraded and customized easily and inexpensively as their communications needs continue to change over time." Newbridge Networks (NYSE: NN; TSE: NNC) designs, manufactures, markets and services networking solutions to organizations in more than 100 countries. Newbridge leverages its relationship with 16 Affiliate companies and strategic alliances with Siemens and 3Com Corporation to deliver seamless, end-to-end solutions. Newbridge customers include the world's 250 largest telecommunications service providers and more than 10,000 corporations, government organizations and other institutions. Founded in 1986, the Company employs more than 6,000 people on five continents. News and information are available at www.newbridge.com. Newbridge, logo are registered trademarks of Newbridge Networks Corporation. MainStreetXpress is a trademark used by the Siemens / Newbridge alliance for comprehensive solutions in broadband communication. No agency relationship, partnership, or joint ownership of a legal entity is to be inferred or implied by the term alliance. FOR FURTHER INFORMATION PLEASE CONTACT:
Newbridge Networks Corporation Melissa Moffi Media contact (703) 736-5740 E-Mail: mmoffinewbridge.com or Newbridge Networks Corporation Lisa Pittenger Industry Analyst contact (703) 736-5852 E-Mail: lpittengnewbridge.com or Newbridge Networks Corporation John Lawlor Financial Analyst contact (613) 591-3600 E-Mail: jlawlornewbridge.com
Copyright 1998, Reuters News Service
Companies or Securities discussed in this article: Symbol Name TSE:NNC Newbridge Networks Corportion |