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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Glenn McDougall who wrote (7039)	10/19/1998 9:14:00 AM
From: Maple Leaf	Read Replies (1) \| Respond to of 18016

New V.P. From Nortel. OCTOBER 19, 1998 Newbridge Networks Appoints New Executive Vice President to Lead Switching Products Group KANATA, ONTARIO--Newbridge Networks today announced the appointment of Brian Jervis as the new Executive Vice President of the Company's global Switching Products Group. Mr. Jervis joins Newbridge from Nortel Networks where he held the position of Vice President and General Manager of MultiMedia Networking, based in Ottawa, Ontario. During his more than 20 year-career at Nortel, he has held senior management positions as Group Vice President, Switching Networks, and Senior Vice President and General Manager of Magellan Passport/DPN (Data Packet Networks). ''Brian has a proven track-record of success in the industry and will be a strong addition to the Newbridge executive leadership team,'' said Alan Lutz, President and Chief Operating Officer, Newbridge Networks. ''He represents the calibre of candidate we are looking to bring into the organization as we heighten our sense of urgency and accountability and become more aggressive in our product and marketing strategies.'' Mr. Jervis will be replacing Scott Marshall who has held executive management positions in Newbridge for the past 11 years. The Switching Products Group is responsible for the Company's core switching products, including the MainStreet(r) family of bandwidth management systems and the industry-leading MainStreetXpress(tm) 36170 Multiservices Switch, the largest selling ATM switch in the industry. Mr. Jervis will assume his new role effective November 2, 1998. Newbridge Networks (NYSE: NN; TSE: NNC) designs, manufactures, markets and services networking solutions to organisations in more than 100 countries. The Company leverages its relationship with a growing family of Affiliate companies and strategic alliances with Siemens and 3Com Corporation to deliver seamless, end-to-end solutions. Newbridge customers include the world's 300 largest telecommunications service providers and more than 10,000 corporations, government organisations 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 Paul Goyette Media and Industry Analyst contact (613) 591-3600 E-Mail: pgoyettenewbridge.com or Newbridge Networks Corporation John Lawlor Financial Analyst contact (613) 591-3600 E-Mail: jlawlornewbridge.com or FitzGerald Communications Liz O'Donnell (617) 588-2229 E-Mail: lodonnellfitzcomm.com