Applied Digital Access Named IBM Software Subcontractor; Agreement Allows Both Companies to Offer Broader Array of Services.SAN DIEGO--(BUSINESS WIRE)--Sept. 2, 1998--Applied Digital Access Inc. (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. ) (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) announced today that it has entered into a Subcontractor Agreement with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) . Under this agreement, ADA has qualified as a software subcontractor to provide software products and services to IBM. In addition, ADA has granted IBM a limited license to distribute ADA's suite of network management solutions. "This agreement formalizes the relationship that ADA and IBM have already established," said Steve Murphy Steve Murphy (born 1957-09-09) is a State Senator for the 28th district of Minnesota, and a member of the Democratic-Farmer-Labor Party. He represents parts of Goodhue, Wabasha, and Winona counties in the south-eastern portion of Minnesota. , ADA's vice president of sales and marketing. "In fact, our companies are working together on proposals to introduce Provisioner-based solutions to IBM's leading telecommunications customers." By working with industry leaders such as IBM, ADA is poised to fulfill a wider array of its customer needs and provide increased end-to-end telecommunications network A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. management capabilities. Introduced last year, Provisioner automates the circuit and node provisioning functions for networks containing Digital Cross-Connect Systems and Add Drop Multiplexers. It provides telecommunications service providers with a comprehensive fault, configuration, performance, and security management system -- all accessible from a single-user interface. In addition to Provisioner, ADA's operation system software includes: Traffic Data Collection and Engineering system (TDC&E), a component in managing service quality in switched networks; and Fault Management System (FMS FMS - Flexible Manufacturing System (factory automation). ), a scaleable alarm management system for real-time monitoring. IBM is the world's largest information technology company, with 80 years of leadership in helping businesses innovate. IBM software offers the widest range of applications, middleware and operating systems for all types of computing platforms, allowing customers to take full advantage of the new era of e-business. The fastest way to get more information about IBM is through the IBM home page at http:// www.ibm.com. 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, with headquarters in San Diego, also has product development and support facilities in Vancouver, British Columbia, Terre Haute, Indiana Terre Haute (IPA: [ˌtɛยทɹə ˈhoʊt]) is a city in Vigo County, Indiana near the state's western border with Illinois. , 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 the company'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 12/31/97 which include fluctuations in quarterly operating results; history of losses, and the most recent 10-Qs, competition, concentration of major customers; telephone company qualification requirements, high dependence on two product lines, management of changing business, customer mergers, rapid technological change and dependence on new products, dependence on suppliers and subcontractors, high inventory levels and the need to make advance purchase commitments, Year 2000 compliance, product recall, government regulation, potential competition from RBOCs, proprietary technology, dependence on key personnel and volatility of stock price. The company'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. The company 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 or Jim Keefe, 619/623-2200
or
The Townsend Agency
Gwen Carlson, 619/457-4888
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