Applied Digital Access Announces Strategic Alliance With Lucent Technologies.SAN DIEGO--(BUSINESS WIRE)--Jan. 19, 1998--Applied Digital Access Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADAX) Monday announced that the company has begun negotiations with Lucent Technologies Inc. (NYSE NYSE See: New York Stock Exchange :LU) to form a strategic alliance between the two companies with respect to certain testing products. The alliance would enable Lucent to utilize ADA's network systems expertise in DS0, DS1, and DS3 testing and performance monitoring to provide customers with a cost effective and seamless migration path from Lucent's Remote Measurement System (RMS) to ADA's T3AS Test and Performance Monitoring (T3AS) and Centralized Test System (CTS (1) (Clear To Send) The RS-232 signal sent from the receiving station to the transmitting station that indicates it is ready to accept data. Contrast with RTS. (2) (Common Type System) The data typing used in . ) products. One way to accomplish this is by Switched Access Remote Test System (SARTS SARTS Singapore Amateur Radio Transmitting Society SARTS Switched Access Remote Test System SARTS State Annual Report Template System SARTS Society for the Arts in Religious and Theological Studies SARTS San Antonio Radio Trunking System ) providing an integrated Operation Administration and Maintenance (OA&M) to ADA's systems. The alliance would enable ADA Ada, city, United States Ada (ā`ə), city (1990 pop. 15,820), seat of Pontotoc co., S central Okla.; inc. 1904. It is a large cattle market and the center of a rich oil and ranch area. to utilize Lucent's expertise in these testing platforms and applications to provide a total automation and integration solution across different customer testing needs and services. In addition, the alliance would enable Lucent to continue to offer its customers comprehensive testing and performance monitoring solutions in conjunction with ADA. Don O'Connor <noinclude> Donald Frederick Gregory O'Connor (born July 20, 1958, Gilgandra, New South Wales) was an Australian cricketer who played for the Tasmanian Tigers and the Southern Redbacks. , ADA's vice president of customer support, stated that "We are extremely pleased with this potential alliance between the two companies. We believe this alliance will provide significant benefits for ADA, Lucent, and most importantly our customers." ADA's Network Systems offers a comprehensive portfolio of test and performance monitoring systems and sensors which provide telecommunications service providers with the mission critical information necessary to manage the quality, performance, and availability of their networks. These expert systems solutions include the T3AS Test and Performance Monitor System, the CTS test head for digital cross connects, and the Remote Module, a DS1 Network Interface Unit combined with Sectionalizer expert systems software. The company's intelligent network element sensors, installed at the boundaries of a telecommunications network and integrated with Sectionalizer software, enables service providers to determine whether a problem is in their network or if it is the responsibility of another service provider or the end-user. Applied Digital Access is a leading provider of Network Performance Management products that include systems, software, and services used to manage the quality, performance, availability, and reliability of telecommunications service providers' networks. These products enable telecommunications service providers to improve quality of service, increase productivity, and lower operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. . The company is headquartered in San Diego, California “San Diego” redirects here. For other uses, see San Diego (disambiguation). San Diego is a coastal Southern California city located in the southwestern corner of the continental United States. As of 2006, the city has a population of 1,256,951. and has product development and support facilities in Vancouver, British Columbia; Terre Haute, Ind.; and Richardson, Texas. Press releases and other information about Applied Digital Access and its products and services are available at http://www.ada.com on the Internet. "Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Except for historical information contained in this release, the preceding may contain forward-looking statements that involve potential risks and uncertainties as detailed in ADA's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended Dec. 31, 1996 and the most recent Form 10-Qs, which include the concentration of major customers, telephone company qualification requirements, high dependence on two product lines, competition, management of changing business, mergers, rapid technological change and dependence on new products, dependence on suppliers and subcontractors, need to make advance purchase commitments, product recall, government regulation, proprietary technology, dependence on key personnel and volatility of stock price. ADA's actual results could differ materially from those discussed in this release. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ADA undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances after the date of this release. CONTACT: Applied Digital Access Steven Murphy/Jim Keefe, 619/623-2200 Fax: 619/623-2208 or The Townsend Agency Susan Caroppo, 619/457-4888 Fax: 619/453-7010 |
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