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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: Skywatcher who wrote (6006)	2/3/1999 12:08:00 PM
From: William Hunt	Respond to of 21876

CHRIS ---Another little contract ---keep adding--- Lucent Technologies to Provide Network Plus With Next Generation Switching and Access Technology for New Integrated Telecommunications Networks in a Three-Year, $30 Million Agreement February 03, 1999 10:14 AM QUINCY, Mass.--(BUSINESS WIRE)--Feb. 3, 1999--Network Plus, a full-service telecommunications provider, has awarded Lucent Technologies a three-year, $30 million contract to provide the switching and transmission infrastructure for a state-of-the-art optical networking expansion. The new network will allow Network Plus to provide its customers with one-stop access to advanced voice and data services including private line and Internet telephony capabilities, as well as connectivity to long distance and international services. The new network architecture will have as its cornerstone Lucent Technologies' 5ESS(R) AnyMedia (tm) switching platform. Customers will directly connect with Network Plus using Lucent's latest integrated AnyMedia Fast access management product line. Network Plus will deliver high-speed fiber optic services with the WaveStar(tm) optical networking system, Lucent's dense wavelength division multiplexing (DWDM) system and Lucent's synchronous optical network (SONET) technologies. The first application of these high-bandwidth technologies will be available on Network Plus' fiber routes linking Massachusetts, New Hampshire, Rhode Island, Connecticut and New York. "We have defined a 'smartest-build' strategy and we selected Lucent and its technology because of the responsiveness to our unique requirements and the flexibility to evolve with us," said Rob Hale, President and CEO of Network Plus. "The Lucent solution cost-effectively allows us to provide next-generation voice, data and Internet services to our customers. We see our company path as becoming the largest provider of convergent telecommunications services in the Northeast and Southeast. The Lucent switch technology will increase our competitive position and also allows for new, differentiated and innovative voice and data services -- just what our fast growing base of loyal sophisticated customers expect." Network Plus plans to have the first switch in service in Boston in the spring of this year. A second switch is scheduled for New York City, also in the spring. In addition, the company intends to deploy switches and network services in Atlanta, as well as southeast and central Florida. "We're delighted to be supporting Network Plus as it enters new competitive markets," said Mark Wilson, CLEC sales vice president for Lucent Technologies. "Lucent knows networks and by providing Network Plus with a total network solution, we are enabling them to quickly develop and deploy key differentiating services for its customers today and well into the future." Network Plus, based in Quincy, Massachusetts, has sales offices in 12 cities and operates in the Southeast, and the Northeast where it is the fourth largest business long distance carrier. With more than 40,000 customers nationwide, Network Plus provides local and long distance calling, data services, Internet access, enhanced 800, international wholesale, paging and calling card services for more than 150,000 access lines. Network Plus had revenues in 1998 in excess of $100 million. More information about Network Plus is available by contacting Network Plus at (800)-552-5254 or the company's website at nwp.com BEST WISHES BILL