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To: Jenna who wrote (34776)4/19/1999 12:46:00 PM
From: SMALL FRY  Respond to of 120523
 
PSIX <news>


News Alert from PR Newswire
Topic: (NASDAQ:OPEN) Openroute Networks, (NASDAQ:PSIX) Psinet Inc,
Quote.com News Item #9804702
Headline: PSINet Approves Additional OpenROUTE Products

======================================================================
OpenROUTE GTX1000 Provides Flexible Alternative for PSINet Customers

WESTBORO, Mass., and HERNDON Va., April 19 /PRNewswire/ -- OpenROUTE
Networks, Inc., (NASDAQ:OPEN), a leader in Internet connection technologies,
and PSINet Inc., (NASDAQ:PSIX), the first and largest independent commercial
Internet Service Provider (ISP), today announced that PSINet has tested and
certified the OpenROUTE GTX1000 modular router for resale to their corporate
customers. Under an existing agreement, OpenROUTE already supplies PSINet
with its GT60 and GT62 secure Internet routers for PSINet's RouteWaller
service and the company's fully managed IntraNet service. Routers are
standard Internet connection technologies that transmit Internet data packets
from customer locations to the closest ISP access point of presence (POP).
"Our partnership with PSI has been a key to OpenROUTE's continued success
in providing flexible and performance leading products to ISPs", said Bryan R.
Holley, OpenROUTE Networks President and Chief Executive Officer. "This
relationship provides the opportunity for us to demonstrate our product's
performance, security and reliability to a much larger audience."
Charles Cary, vice president, product development, PSINet Inc. said, "Our
customers' continue to demand flexible alternatives for accessing the
Internet. The addition of the GTX1000 to our product offering provides the
flexibility for multiple types of connections as well as the opportunity to
add connections as their business grows."
The GTX1000 is a new class of edge router that leads the industry in
flexibility, security, price/performance and ease of use. Designed and
engineered to provide customers with flexibility and investment protection,
the GTX1000 is unique in integrating the base processing unit, memory,
operating system software and Ethernet interface in the base unit. Users then
choose from a wide range of interface modules that plug into any of three
available slots. This breakthrough solution gives users the flexibility to
mix and match modules and add or change capabilities, as their business needs
change.
OpenROUTE Networks, a leading provider of Internet Access products, is
"Opening the Internet for Business." All products feature OpenROUTE(R) router
software, which is recognized by the industry as the best in its class.
OpenROUTE software is licensed by IBM, Digital, Ascend Communications,
Motorola and many leading vendors. Today, OpenROUTE software powers more than
200,000 routers worldwide. Products come standard with the company's lifetime
warranty, can be installed in minutes, and are easily maintained and managed
from central network sites. For more information, contact OpenROUTE Networks,
Inc., Westboro, Mass., at 800-545-7464 or on the World Wide Web at
openroute.com
Headquartered in Herndon, VA, PSINet is a global facilities-based Internet
Protocol (IP) data communications carrier focused on the business marketplace.
PSINet offers a broad set of high-speed corporate LAN connectivity services
supporting managed security and guaranteed Internet, intranet, electronic
commerce, Web hosting services, and services for other carriers and ISPs.
PSINet operates an international state-of-the-art frame relay and ATM-based,
IP-optimized network consisting of more than 500 points of presence (POPs)
around the world serving primary markets in Belgium, Canada, France, Germany,
Hong Kong, Italy, Japan, the Netherlands, Republic of Korea, Switzerland, the
United States, and the United Kingdom. General PSINet information can be
obtained by e-mail at info@psi.com, by accessing the Web site at
psinet.com, or by calling 800-799-0677.

SOURCE OpenROUTE Networks, Inc.
-0- 04/19/99
/CONTACT: Reid Walker of PSINet, 703-375-1103, walkerre@psi.com or
Richard Sterry of OpenROUTE, 508-898-2800, des@openroute.com/
/Web site: psinet.com
/Web site: openroute.com



To: Jenna who wrote (34776)4/19/1999 12:55:00 PM
From: Daniel Merchant  Read Replies (4) | Respond to of 120523
 
Jenna, is this a good time to buy NITE?????