KANATA, Ontario--(BUSINESS WIRE)--April 8, 1999-- Newly Announced Crosskeys Resolve Ni Will Benefit From Additional Paths to Market CrossKeys Systems Corporation (Nasdaq:CKEY)(TSE:CKY), a leading supplier of software for telecom service providers, today announced that Ascend Communications, Inc. (Nasdaq:ASND), a leader in wide area networking (WAN) and Intelligent Network (IN) solutions for service providers and users of the next-generation public network, will co-sell and co-market the CrossKeys Resolve(R) software portfolio. Ascend's worldwide sales force will offer the CrossKeys carrier-class service and network performance management software to its installed base and prospective customers. "The CrossKeys Resolve portfolio features a unique customer view of service level management for carrier-class networks," says Pam Dodge, Director of Product Marketing, Network Management Systems, Ascend Communications, Inc. "The new addition to the portfolio, CrossKeys Resolve Ni, complements the solution we offer our customers. Service providers will use this application to analyze and improve the performance of their telecommunication networks. The demand for network intelligence software has never been greater." Ascend will include the CrossKeys Resolve portfolio as part of a complete solution for telecommunication service providers. The CrossKeys product works with Ascend's NavisXtend statistics server product. The CrossKeys software enables Ascend to fulfill the service provider's need for integrated service and network performance management. In particular, the CrossKeys Resolve portfolio uniquely addresses the requirements of carrier-class service providers. It solves the additional challenges carriers must face due to network size and traffic volume, the need to integrate with legacy systems, diversity of technologies, and customer demands. The necessary development and testing of the CrossKeys Resolve interface for Ascend's Navis Network Management System was completed through a previously announced Technology Alliance (October 15, 1998). "The new CrossKeys network performance management solution, CrossKeys Resolve Ni, will be of tremendous interest to the Ascend customer base," says John Selwyn, President and CEO, CrossKeys. "Service provider customers can now benefit from a turnkey solution, with Ascend and CrossKeys, to address all of their requirements for network and service performance management." About Ascend Communications Ascend Communications, Inc. (Nasdaq:ASND) develops, manufactures, sells and services wide area networking solutions for telecommunications carriers, Internet service providers and corporate customers worldwide. For more information about Ascend and its products, please visit the Ascend Web site at www.ascend.com, or send e-mail to info@ascend.com. For Investor Relations, please call our communications hotline at 800/648-3059 or 760/704-4423 (outside the US and Canada). Additional investor information can also be accessed on our website at www.ascend.com/investor/. Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway, Alameda, Calif. 94502; phone 800/ASCEND4 and fax 510/814-2300. In January 1999, the Company entered into an Agreement and Plan of Merger (the "Merger Agreement") with Lucent Technologies Inc. ("Lucent"), pursuant to which, each outstanding share of Ascend common stock will be exchanged for 0.825 shares of Lucent common stock an each outstanding option or warrant to purchase Ascend common stock will be converted into an option or warrant to purchase Lucent common stock (adjusted for the exchange ratio). In February 1999, Lucent announced a two-for-one stock split, payable on April 1, 1999, to shareholders of record as of March 5, 1999. Under the terms of the Merger Agreement, the exchange ratio will be adjusted for the effect of this stock split and any similar changes in the capitalization of Lucent. About CrossKeys CrossKeys Systems Corporation ( www.crosskeys.com ) is a leading developer of performance management solutions for over 170 of the world's telecommunication service providers, helping them gain a competitive advantage in deregulated markets. CrossKeys combines a commitment to research and development with experience in the world's most demanding telecommunication markets to deliver highly advanced software applications. A leading supplier to major telecommunication equipment suppliers, CrossKeys products help service providers deliver differentiated services, implement new technologies, and manage multiple vendor networks. CrossKeys has been ISO 9001 certified since 1995. CrossKeys Systems Corporation is a public company whose common shares are listed for trading on NASDAQ (CKEY) in the United States and on The Toronto Stock Exchange (CKY) in Canada. CrossKeys and logo are registered trade marks of CrossKeys Systems Corporation. All other trade marks are the property of their respective holders and are acknowledged by CrossKeys Systems Corporation. The terms "partner" and "alliance" mean that CrossKeys and the other party have agreed to cooperate to achieve certain objectives; however, no agency relationship, partnership, or joint ownership of a legal entity is to be inferred or implied by these terms. Backgrounder attached See Related Releases March 3, 1999 -- New application, CrossKeys Resolve Ni, manages performance of carrier-class networks January 21/99 -- CrossKeys adds Internet Protocol support to Resolve service and network management software October 13/98 -- New Release of CrossKeys Resolve Extends Multivendor Offering to Include Ascend ATM Support Backgrounder Ascend to Co-Sell CrossKeys Resolve The CrossKeys and Ascend Alliance CrossKeys and Ascend announced a technology-focused alliance on October 15, 1998. This alliance enabled the companies to work together on complementary software for telecommunications service and network management solutions. Specifically, the cooperative project addressed interoperability between the Ascend Navis(TM) suite of network management products and CrossKeys Resolve service level management applications. The alliance verified Ascend-CrossKeys product integration. Ascend and CrossKeys can now confidently extend a comprehensive solution to service providers worldwide. This has led to the commercial arrangements of the formal Partnership Agreement. Ascend's products and customers Ascend solutions span across the access, edge and core layers of the wide area network (WAN) and offer users security, network management and Quality of Service (QoS). Its primary customer categories include: -- Carriers -- Ameritech, Bell Atlantic, Deutsche Telekom -- Internet Service Providers -- GTE Internetworking, PSINet, UUNet -- Alternative Carriers -- Frontier, Level 3, Qwest, Williams Communications -- Enterprise -- DirectTV, Kinko's, Nintendo of America CrossKeys products and how they fit with Ascend CrossKeys Resolve provides Ascend with high-end, carrier-scale performance management software. This software is integral to the complete solution Ascend offers to the world's major service providers, especially to its carrier and alternative carrier markets. Ascend's Navis network management product collects performance data from the network. CrossKeys Resolve sits alongside Ascend's Navis and draws the necessary information from it for service analysis, customer reporting, and network performance management. Why CrossKeys Resolve? CrossKeys Resolve software brings several unique attributes to telecommunications service management. These include its carrier-scale robustness, flexibility and a complete perspective on the network. Carrier-scale refers to the robust data warehousing and analysis capability of the software, enabling it to manage over 100,000 service components (physical devices or virtual paths) the benchmark of the industry. This is vital when working with the largest service providers in the world. Flexibility refers to the customizable views and service level agreements (SLA) parameters of CrossKeys Resolve. Finally, the software was developed from the beginning to look at the network from the broad perspective of overall service or network rather than from simply an outage or event basis. The service management application, CrossKeys Resolve Si, is complemented by the new network performance management application, CrossKeys Resolve Ni. Service providers can now select one supplier -- CrossKeys -- to address all of their network and service performance management requirements. How the business activities will work CrossKeys products will be referenced by the Ascend sales force directly present in 22 countries. The partnership enables Ascend to include CrossKeys Resolve in its specifications for proposals to telecommunications service providers. CrossKeys will support such a proposal by directly representing its software's value to the service provider. The Partnership furthers relations and means service provider customers can count on full support from both companies. --30--MJB/ho* CONTACT: CrossKeys Systems Corporation John Blackmore, 613/599-2300 ext. 8936 E-Mail: jblackmore@crosskeys.com Web Site: crosskeys.com or Ascend Communications Rob Bunnell, 978/952-1283 E-Mail: rob.bunnell@ascend.com Web Site: ascend.com KEYWORD: CALIFORNIA NEW YORK INDUSTRY KEYWORD: TELECOMMUNICATIONS COMED INTERACTIVE/MULTIMEDIA/INTERNET COMPUTERS/ELECTRONICS PRODUCT Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com *** end of story *** |