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

To: Duke who wrote (1569)	10/15/1998 11:45:00 PM
From: Duke	Read Replies (2) \| Respond to of 1629

CKY.) CROSSKEYS AND ASCEND ESTABLISH ALLIANCE TO JOINTLY OFFER S ervice Management Solutions for Telecom Service Providers Business Editors KANATA, Ontario--(BUSINESS WIRE)--Oct. 15, 1998-- CROSSKEYS(NASDAQ:CKEYF) (TSE:CKY.) CrossKeys takes key step forward to establish Ascend Communications, Inc. as an additional CrossKeys global strategic partner Ascend Communications, Inc. (NASDAQ: ASND), the leader in wide area networking (WAN) solutions for providers and users of the Public Network, and CrossKeys Systems Corporation (NASDAQ: CKEYF; TSE: CKY), a leading supplier of service, network and element management software for telecom service providers, today announced that they have formed an alliance to work together on complimentary software for telecommunications service and network management solutions. Ascend and CrossKeys will work together on ensuring interoperability between the Ascend NavisCore(tm) suite of network management products and CrossKeys Resolve(tm) service level management applications. One direct result of this alliance will be joint testing and verification of Ascend-CrossKeys product integration. This verification will allow telecom service providers to confidently deploy a comprehensive Ascend-CrossKeys software solution. This will open the door to additional joint business activities for the alliance. The alliance enables Ascend to extend the industry-leading service management capabilities of CrossKeys Resolve software to its current and prospective installed base. Ascend and CrossKeys have identified market opportunities for this comprehensive solution and are working together to present it to the service provider marketplace. "We are working with CrossKeys because of their unique customer vision of service level management and their ability to address the carrier-class," said Pam Dodge, Director of Product Marketing, Network Management Systems, Ascend Communications, Inc. "Together, we can offer solutions which will enable service providers and their enterprise customers to use telecom resources more effectively and to build additional business." "This announcement builds on the support for the Ascend NavisCore network management system announced in our newest release of CrossKeys Resolve, Release 2.2," said John Selwyn, President and CEO, CrossKeys. "This alliance means our two companies will jointly engineer superior service management solutions for Ascend's growing list of major telecom customers. It initiates the Ascend-CrossKeys strategic partnership." About Ascend Communications Ascend Communications, Inc. (NASDAQ: ASND) develops, manufactures, sells and services wide area networking solutions for telecommunications carriers, Internet service providers and corporate customers worldwide. For more information about Ascend and its products, please visit the Ascend Web site at www.ascend.com, or send e-mail to info@ascend.com. For Investor Relations, please call our communications hotline at 800-648-3059 or 760-704-4423 (outside the US & Canada). Additional investor information can also be accessed on our Web site at: ascend.com. Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda, Calif. 94502; phone is 800/ASCEND4 and fax is 510-814-2300. About CrossKeys Systems Corporation CrossKeys Systems Corporation (www.crosskeys.com) is a leading developer of service, network, and element management solutions for telecommunication service providers, helping them gain a competitive advantage in deregulated markets. CrossKeys combines a commitment to research and development with experience in the world's most demanding telecommunication markets to deliver highly advanced software applications. A leading supplier to major telecommunications equipment suppliers, CrossKeys products help service providers deliver differentiated services, implement new technologies, and manage multiple vendor networks. CrossKeys has been ISO 9001 certified since 1995. CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ (CKEYF) in the United States and on The Toronto Stock Exchange (CKY) in Canada. CrossKeys and logo are registered trade marks of CrossKeys Systems Corporation. Ascend and Navis are trademarks of Ascend Communications. All other trademarks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation.