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To: jas cooper who wrote (9351)	10/8/1998 10:44:00 AM
From: Honor First	Read Replies (1) \| Respond to of 12559

Hang in There (where is there?)-- Worldwide ATM Market Poised for Strong Growth, despite Asia Woes; According to New Research by Vertical Systems Group DEDHAM, Mass.--(BUSINESS WIRE)--Oct. 8, 1998--Worldwide ATM equipment and services markets will grow 51% to $3.6 billion combined this year, despite severe economic troubles in Asia, one of ATM's key potential markets. Moreover, the market for ATM equipment alone will top $6.7 billion by 2001, a growth rate of 33% per year, according to the "ATM & Frame Relay Industry Update", a newly released industry report by Vertical Systems Group. ATM equipment sales in Asia will slip to just $248 million this year, according to the study. Based on independent research with worldwide enterprises, equipment manufacturers and service providers, the study details nine separate equipment segments and four services segments across five geographic regions. It quantifies the markets for both frame relay and ATM technologies in several product categories. 1998 worldwide estimates in key segments are as follows: ATM Equipment - $ 3.1 billion ATM Services - $ 535 million Frame Relay Equipment - $ 2.6 billion Frame Relay Services - $ 6.3 billion Leased Line Services - $ 23.8 billion Based on worldwide market share, the leading manufacturers in major equipment segments include Ascend, Cisco, Fore, Lucent, Motorola, Newbridge and Nortel. Leading service providers include AT&T, MCI WorldCom, Concert and others. "Despite economic concerns in several regional markets, demand remains high for new networking technology," said Rick Malone, Principal at Vertical Systems Group. "The fastest growing product segments are those related to Internet Service Providers, including Core IP Switch/Routers and ISP ATM switches. The weakest segments in the study include low speed leased lines and legacy data services." Vertical Systems Group (http://www.verticalsystems.com) is a leading market research and management consulting firm specializing in the networking industry. Available immediately in hard cover or via a web-based option, the "ATM & Frame Relay Industry Update" is offered exclusively in conjunction with the firm's Broadband Networking Subscription Service. CONTACT: