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


To: Glenn McDougall who wrote (8184)12/2/1998 9:13:00 AM
From: Rob C.  Read Replies (2) | Respond to of 18016
 
KANATA, Ontario--(BUSINESS WIRE)--Dec. 2, 1998--NEWBRIDGE
(TSE:NNC.) (NYSE:NN.N) Newbridge Networks (NYSE:NN.N) (TSE:NNC) today
announced it has been awarded a five-year contract to supply a turnkey
solution for WIND, a new Italian telecommunications consortium
consisting of energy distributor ENEL, Deutsche Telekom and France
Telecom. The contract, which is estimated to be valued at $100 million
was won against all major competitors, demonstrating the strength of
Newbridge Networks in delivering partnership-based, multi-services,
multi-access solutions to new generation carriers.
The global experience of Newbridge in delivering advanced
networking solutions to new generation carriers will enable the rapid
introduction of the new WIND network.
Newbridge will supply a scalable, fully managed, networking
solution providing Wind with a single, multi-services platform on
which to offer X.25, frame relay, asynchronous transfer mode (ATM),
and Internet Protocol (IP) internetworking services.
Newbridge is providing new generation carriers like WIND with a
complete turnkey solution for the provision of fully managed, scalable
services from a unifying, broadband ATM platform, ensuring a flexible,
reliable and scalable network. WIND looks forward to working with
Newbridge to further enhance its service offerings.
The development of this new network follows fixed voice, data and
DCS 1800/GSM 900 MHz licences awarded to WIND earlier this year. The
initial solution includes 21 points of presence throughout Italy,
comprising the Siemens / Newbridge MainStreetXpress(TM) 36170
MultiServices Switch and the 36120 MainStreet(R) Packet Transfer
Exchange frame relay system, which provide high-speed circuit and
packet switching for multiple services over a single platform. The
MainStreetXpress 46020 Network Manager and Newbridge Affiliate
CrossKeys' Resolve(TM) service management application software will
provide network management and service level reporting andguarantees
through Web-enabled customer service management.
Newbridge has worked closely with WIND to develop a networking
solution that will enable WIND to deliver a portfolio of
next-generation products and services to its customers. The flexible,
highly scalable solution provided by Newbridge in combination with
skilled, experienced personnel, has resulted in the creation of an
optimal solution for WIND.
"Newbridge and WIND have worked hand-in-glove to develop this
solution," said Gianni Bestetti, General Manager, Newbridge Networks
Italy. "Our ability to offer a total networking solution was critical.
The Newbridge(R) solution will enable WIND to compete quickly and
effectively in the Italian market and provides a solid platform for
growth in terms of the volume and breadth of services WIND delivers to
its customers."
WIND is the new Italian telecommunications company owned by ENEL
(51 percent), Deutsche Telekom (24.5 percent) and France Telecom
(24.5 percent), first and second telecommunications operators in
Europe respectively; with over 650,000 miles of transmission lines,
ENEL is the world's second largest electric utility in terms of
installed power and number of customers. During the first half-year of
1998, WIND obtained licenses for fixed and mobile telephony, becoming
the first operator to offer the new frontier of telecommunication
services: integrated services of fixed and mobile telephony. First in
Italy, WIND is planning and realizing such integrated services in
order to offer, through common technological platforms and
development, a high number of new services usable on the two networks,
with higher quality and lower costs.
Newbridge Networks designs, manufactures, markets and services
networking solutions to organizations in more than 100 countries. The
Company leverages its relationship with a growing family of Newbridge
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 organizations
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.

--30--mjb/clv*

CONTACT: Newbridge Networks Corporation
Catherine Wright-Cadieux, 613/591-3600
E-Mail: cwrightc@newbridge.com
or
Newbridge Networks Corporation
Paul Goyette, 703/736-5740
E-Mail: pgoyette@newbridge.com
or
Newbridge Networks Corporation
John Lawlor, 613/591-3600
E-Mail: jlawlor@newbridge.com
or
Strategic Alliance International
Abi Connor, 44/1494 434 434
E-Mail: aconnor@sai.co.uk

KEYWORD: NEW YORK
INDUSTRY KEYWORD: TELECOMMUNICATIONS

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Copyright 1998, Business Wire




To: Glenn McDougall who wrote (8184)12/2/1998 9:49:00 AM
From: Dennis R. Duke  Respond to of 18016
 
I hear the rocket engine being fueled.

Blast off of G1 and Alan at 1:30 p.m. perdicted.

Tim Luke recently joins the fray, confirming momentum.

Countdown clock started.

Later, (-8 Dennis 8-)