Ascend's Multiservice Switches Maintain Market Leadership in Frame Relay and Advance ATM Position in 1997.ALAMEDA, Calif.--(BUSINESS WIRE)--July 28, 1998-- Dataquest Figures Show Ascend on Top in Frame Relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. Market Two Years Running; Gains Ground in Burgeoning ATM Market Ascend Communications, 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 :ASND ASND A Streetcar Named Desire (play) ), a leader in wide area networking (WAN) solutions for providers and users of the New Public Network, today announced 1997 WAN research findings from Dataquest that show Ascend as the revenue leader in Frame Relay sales, and advancing in the ATM market. Ascend continued to lead the competition, with 38.3 percent revenue market share in Frame Relay in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , and has increased their revenue in ATM by 247 percent. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dataquest market share figures, Ascend sold nearly two times more Frame Relay equipment than the nearest competitor in North America. According to the report, "the Ascend STDX/B-STDX is the most widely deployed frame relay switch." The report also noted a move to multiservice platforms: "service providers are beginning to evolve from standalone frame relay switches to ATM-based multiservice platforms that can handle large-scale frame relay (and other services) in addition to ATM. Dataquest expects widespread use of multiservice platforms by the end of the decade." Ascend is the only vendor that provides a true Multiservice switch (1) A network switch that not only handles data, but adequately supports the real time transmission of voice and video. (2) A network device that supports multiple switching and routing protocols. today. Dataquest forecasts that the backbone Frame Relay equipment market will continue its growth from $846 million in 1997 to $1.1 billion in 2002. Dataquest figures also show that Ascend had the highest year-over-year growth than any other vendor with 247 percent increase in ATM sales. The research firm projects growth in the ATM market from $855 million in 1997 to 2.6 billion in 2002. Ascend recently announced four new modules for its market leading B-STDX(tm) Frame Relay WAN switches that continue to build on the company's reputation for delivering world-class, multiservice core networking solutions. The new 12-port T1/E1 module delivers cost effective ATM for multimedia support, providing concentration of voice, video, and data over an ATM connection. The 2-port Ethernet module supports IP connectivity requirements, enabling service providers to easily offer both Internet hosting services An Internet hosting service is a service that runs Internet servers, allowing organizations and individuals to serve content to the Internet. There are various levels of service and various kinds of services offered. A common kind of hosting is web hosting. and value-added IP routing services that are inherent in Ascend's IP Navigator. Ascend provides Frame Relay Switched Virtual Circuit See SVC. switched virtual circuit - virtual circuit (SVC (1) (Switched Virtual Circuit) A network connection that is established at the time the transmission is required and disconnected when the session is completed. ) services, allowing its carrier and enterprise customers to offer new, on-demand Frame Relay services that support multimedia applications including voice and video. Ascend also introduced today MultiLink Frame Relay, which allows service providers to cost effectively scale their backbone capacity. "Ascend's market leadership validates a commitment to both our customers networking and business needs," said Bob Sullebarger, director, Product Marketing, Core Systems Division at Ascend. "Our high-speed, carrier-class Frame Relay and WAN switches, with support for ATM and IP as well as end-to-end QoS, provide value added Value Added The enhancement a company gives its product or service before offering the product to customers. Notes: This can either increase the products price or value. , cost efficient solutions that enable our service provider and enterprise customers to advance their business goals and increase revenue." About Ascend Communications Ascend Communications, Inc. develops, manufactures, sells and services wide area networking solutions for telecommunications carriers, Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. and corporate customers worldwide. Press and industry analysts, please contact: Stephanie Prentice, Alexander Communications, 404-897-2300 ext. 326, sprentice@alexandercom.com. Investors and financial analysts, please contact: Kristina Graziano, 510-747-2345, kristina.graziano@ascend.com; or all other inquiries please call toll-free: 800/ASCEND4. 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. Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway Bay Parkway refers to the following roads and transit stations: Roads
The foregoing statements may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are based on current expectations and involve risks and uncertainties. Actual results could differ materially from these expectations as a result of factors including, but not limited to, the Company's success in developing, introducing or shipping new products, competition, the mix of distribution channels employed, the Company's dependence on single or limited source suppliers for certain components used in its products, risks inherent in international sales, seasonality and general economic conditions. These and other factors are discussed in Ascend's 10-K, 10-Q and other filings made periodically with the Securities and Exchange Commission.
CONTACT: Alexander Communications
Stephanie Prentice, 404/897-2300
sprentice@alexandercom.com
or
Ascend Communications
Mike Robinson, 978/952-1576
michael.robinson@ascend.com
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