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

To: Ashley Campbell who wrote (55862)	10/13/1998 10:37:00 AM
From: Mark Duper	Read Replies (2) \| Respond to of 61433

ALAMEDA, Calif.--(BUSINESS WIRE)--Oct. 13, 1998--Ascend Communications Inc. (Nasdaq:ASND), a leader in wide area networking (WAN) solutions for providers and users of the public network, today announced that Ascend's MAX family of WAN Access Switches holds the number one position in total worldwide remote access server (RAS) concentrator ports shipped and worldwide public remote access revenue, according to a recent report from International Data Corp. (IDC). The report confirms Ascend's leadership position in providing multiservice remote access switching technology for the New Public Network. According to the report from IDC, "1H98 Remote Access Servers and ISP vs. Corporate Market Share Update," Ascend holds the number one position with 27.6 percent market share in total worldwide RAS concentrator ports for the first six months of 1998. IDC figures also demonstrate Ascend's continued leadership with 28.8 percent of the worldwide public remote access revenue market for the first half of 1998. RAS concentrators now account for 86 percent of the total RAS market according to the report. "Ascend continues to maintain market share leadership in concentrator port shipments, the key RAS platform for the public sector," said Brad Baldwin, director of remote access for IDC. "Vendors continue to shift more of their attention toward technology to support ISPs and carriers. Ascend currently utilizes the largest percentage of their internal resources -- now more than 85% -- to attack the public sector, with the RAS industry average being closer to a mix of 67% public sales revenue and 33% private (corporate)." "Ascend strives to offer the best products for the best value," said Curtis N. Sanford, executive vice president and general manager of Ascend's Access Switching Division. "We have delivered voice, fax, data, VPN, DSL and network management technologies on a single access infrastructure. Service providers have a solid base for building the New Public Network by utilizing the MAX and MAX TNT family of WAN Access Switches." Ascend's market leadership has been further supported by recent reports from Cahners In-Stat, Dell 'Oro Group and Dataquest. In-Stat recently indicated that Ascend's MAX family of WAN Access Switches led all competition, accounting for 30.1 percent of the end user revenue market, 30.3 percent of the manufacturer revenue market and 30.3 percent market share in port shipments for the first half of 1998. The Dell 'Oro Group placed Ascend as the market leader in three categories for the first half of 1998 with 29.7 share in total remote access concentration markets, 36.6 percent share in the remote access concentration service provider market and 31.4 percent market share in asynchronous port shipments. Dataquest found Ascend to be number one in access concentrator factory revenue for the first half of 1998 with 28.75 percent market share.