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

To: The Phoenix who wrote (60219)	3/3/1999 4:38:00 PM
From: Lee Ring	Read Replies (1) \| Respond to of 61433

PR Newswire - March 03, 1999 16:08 ANGLETON, Texas, March 3 /PRNewswire/ -- Benchmark Electronics Inc. (NYSE: BHE), today announced that it has completed its purchase of certain assets from Stratus Computer Ireland, a wholly owned subsidiary of Ascend Communications (Nasdaq: ASND). In connection with the transaction, Benchmark has entered into a three-year supply agreement to provide system integration services to Ascend Communications and Stratus Holding Limited. The transaction was announced on January 22, 1999. "The portion of the management team and employees dedicated to the Stratus system integration operation in Ireland will transfer and relocate to Benchmark's facility in Dublin. We are very excited to have the opportunity to work with this team," Donald E. Nigbor, president of Benchmark said. "This strategic transaction is part of our long-term plan to provide a fully integrated solution for our global customers." Benchmark Electronics, Inc., provides contract manufacturing and engineering services to original equipment manufacturers in select industries, including medical devices, communications equipment, industrial and business computers, testing instruments, and industrial controls. The Company's stock trades on the New York Stock Exchange using the symbol BHE. Benchmark's website is located on the Internet at bench.com. SOURCE Benchmark Electronics, Inc. /CONTACT: Donald E. Nigbor, President