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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?

To: P2V who wrote (1971)	9/9/1998 10:59:00 AM
From: P2V	Respond to of 5390

Subject: Ericsson acquires ACC to become a major player ... Date: Wed, 09 Sep 1998 13:51:04 +0000 From: majordom@www.ericsson.se Reply-To: pressmailer@mailbase.ericsson.se To: press-releases@mailbase.ericsson.se Ericsson acquires ACC to become a major player in carrier-class remote access Ericsson announced today that it has reached a definitive agreement to acquire Advanced Computer Communication (ACC), a California-based leading vendor of integrated, carrier-class remote access and internetworking products for a total of approx. USD 285 million (SEK 2,280 million) in cash. "The decision to buy ACC is in line with Ericsson's previously stated acquisition strategy which focuses on attractive small-to-medium size companies, with the objective to acquire competencies in targeted areas," said Anders Igel, Executive Vice President of Ericsson. ACC's current management team will remain in place following completion of the deal. Newbridge, the current majority owner, will continue to resell ACC products. In support of the Carrier Scale Internetworking (CSI) program, developed by Newbridge and others, Ericsson will implement CSI into ACC's carrier-class access system. ACC is a pioneer in the field of routing and remote access technologies, with a technology leadership proven by products such as the award-winning Tigris, the world's first scaleable carrier remote access platform. Ericsson sees excellent synergies between ACC's portfolio of remote access products and its own IP-based networking solutions and future development plans. Ericsson's focus in datacom and IP is on carrier-class solutions. The goal is to become a significant player through a step-by-step approach. Ericsson sees significant opportunities through the combination of its strengths in fixed and wireless networks with the capabilities of ACC. Ericsson and ACC began collaborating one and a half years ago and have already forged successful working relationships through several joint product developments to provide homogeneous Internet access solutions across wireless and fixed networks. "Ericsson's global presence, financial strength, and strong commitment to R&D offer the environment ACC needs to grow and continue to develop its technological expertise. ACC's management team is committed to this new opportunity," said ACC's President Bert Whyte. "ACC is an excellent fit to the approach we want to take to datacoms, which emphasizes solutions, not boxes, and covers the entire network. ACC's position creates a major opportunity for Ericsson to capture a significant part of the carrier-class remote access market," said Michael Thurk, Executive Vice President and General Manager of Ericsson's business unit Datacom Networks and IP Services. Additional information about the deal can be found on web-page ericsson.com Ericsson's 100,000 employees are active in more than 130 countries. Their combined expertise in fixed and mobile networks, mobile phones and infocom systems makes Ericsson a world-leading supplier in telecommunications. FOR FURTHER INFORMATION, PLEASE CONTACT Lars ™stlund, Press Relations Manager Ericsson Business Area Infocom Systems Phone: + 46 8 681 2656, or + 46 70 326 2656 e-mail: lars.ostlund@etx.ericsson.se Eric ™sterberg, Director of Communication Ericsson Business Area Mobile Systems Phone: +46 8 757 2159 e-mail: eric.osterberg@era.ericsson.se Kathy Egan, Vice President, Communications Ericsson Inc, Phone: +1 212 685 4030

To: P2V who wrote (1971)	9/9/1998 11:01:00 AM
From: P2V	Read Replies (2) \| Respond to of 5390

Subject: Ericsson offers Over-the Air Activation for D-A... Date: Wed, 09 Sep 1998 12:54:58 +0000 From: majordom@www.ericsson.se Reply-To: pressmailer@mailbase.ericsson.se To: press-releases@mailbase.ericsson.se Ericsson offers Over-the-Air Activation for D-AMPS IS-136 networks Ericsson has signed an agreement with Logica Aldiscon for the resale of their Telepath Short Message Service Center (SMSC) and Over-the-Air Activation (OAA) System for D-AMPS IS-136 networks worldwide. OAA capability provides operators with some important advantages as it enables quick activation of mobile service and significantly reduces administrative costs related to new subscriber activation. In addition, mobile phones may be updated remotely to incorporate new service information without the customer needing to go to a service location. The Telepath System also provides operators with the capability of introducing additional messaging services such as email and paging. There are over 80 million subscribers using D-AMPS/AMPS networks worldwide. D- AMPS was the first technology to be commercially available as a dual-band (800/1900 MHz) and dual-mode (analog/digital) technology. Almost 14 million subscribers are already using D-AMPS digital services. Logica Aldiscon is based in Dublin, Ireland and is a leading developer of innovative infrastructure products, systems and services for wireless network and satellite network operators for all worldwide. Ericsson's 100,000 employees are active in more than 130 countries. Their combined expertise in fixed and mobile networks, mobile phones and infocom systems makes Ericsson a world-leading supplier in telecommunications. FOR FURTHER INFORMATION, PLEASE CONTACT Dominique Jodoin, Vice President Sales & Market Operations Ericsson Radio Systems, Cellular Systems - American Standards Phone: +46 8 757 2311 Norbert Seignard, Marketing Manager Logica Aldiscon Phone: +353 1 819 3463 Erics ™sterberg, Communications Director Ericsson Business Area Mobile Systems Phone: +46 8 757 2169