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Technology Stocks : Ericsson overlook? -- Ignore unavailable to you. Want to Upgrade?

To: Mika Kukkanen who wrote (2974)	3/23/1999 11:12:00 AM
From: P2V	Respond to of 5390

More AXE NEWS Ericsson and BridgePoint Sign $100 Million Agreement MONTREAL, QUEBEC--Ericsson Communications Inc. and BridgePoint Enterprises Inc. are pleased to announce the signing of a five-year Master Purchase Agreement with an initial estimated value of $100 million (CAD). Under the terms of the agreement, Ericsson will be the primary vendor of products and services to BridgePoint in Canada and worldwide. The Master Purchase Agreement initially covers the delivery of AXE switching products, Data Networking products, IP Telephony Solutions as well as related services. An alliance agreement was also signed by the two companies that will provide Ericsson's global customers with new opportunities to team up with BridgePoint to enter into markets where demands did not justify their own investments by providing shared switching facilities. ''BridgePoint's business is based on providing high-quality solutions to operators who chose to lease communication services in North America and world-wide,'' said Mr. Rene Arbic, BridgePoint Canada CEO. ''We need a vendor capable of delivering total communication solutions for us on a global basis, and this was one of the main reasons for choosing Ericsson. Ericsson's AXE International Gateway platform will enable us to standardize our world-wide roll out, and we look forward to expanding our business into areas such as IP telephony and Data networking.'' ''We see BridgePoint as an important ally for Ericsson as we continue to grow our business in Canada and around the world,'' said Johan Lindskog, General Manager, Public Operators for Ericsson Canada. ''Together with BridgePoint, we will bring leading-edge communications solutions to operators who lease BridgePoint's services in Canada and globally,'' Ericsson is a leader in providing IP-telephony solutions as the convergence between voice and data services continues. Ericsson's IP-telephony products have wide commercial deployment, and Ericsson's AXE Transgate product is the world's most widely deployed International Gateway switch. BridgePoint Enterprises is an international operator of telecommunications co-location centers headquartered in Montreal, Quebec. The company provides state-of-the-art neutral network bridging services, central office facilities and technical support services to telecommunication companies worldwide. BridgePoint serves businesses as a network operations outsourcer, allowing companies to expand without incurring the significant expenses associated with the building of their own infrastructure. For more information about BridgePoint, visit bpe.net Ericsson Communications Inc., a subsidiary of LM Ericsson, Sweden, serves the Canadian market by providing complete communication solutions including Wireless Systems & Solutions, Mobile Phones, IP and Data Systems & Solutions, and Consulting Services. In addition, its R&D Centre in Montreal has the worldwide mandate for software development for the global wireless standard TDMA and is Canada's seventh largest R&D investor. Ericsson employs more than 1,500 people and has offices in Montreal, Mississauga, Vancouver, Ottawa, Calgary, Fort McMurray and Waterloo. For more information about Ericsson Canada, visit ericsson.com Ericsson is the leading provider in the new telecoms world, with communications solutions that combine telecom and datacom technologies with the freedom of mobility for the user. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for its customers - network operators, service providers, enterprises and consumers - the world over. Please visit Ericsson's Press Room at: ericsson.se Contact: Ericsson Communications Inc. Bill Gajda Director, Marketing & Communications (905) 629-6838 or BridgePoint Enterprises Inc. Rene Arbic Chief Executive Officer (514) 878-1555 More Quotes and News: Telefon AB LM Ericsson (Nasdaq:ERICY - news) Related News Categories: networking, telecom Help

To: Mika Kukkanen who wrote (2974)	3/23/1999 11:21:00 AM
From: P2V	Respond to of 5390

Mika, The only negative about Fore, is that they apparently do not compete with Ascend/Cascade/Lucent's or Cisco's Core Networking ATM (big data pipes) products. I believe that their ATM products are used more at the edge of the network, and/or in "campus" applications. Don't know how this fits into Ericsson's plans, or if/when they would develop products for Core Network applications. (Or where Ericsson's AXE switches fit into the overall big picture) Perhaps the "editor" could put this into perspective. Gotta go too, Mardy.