Ascend Announces Interoperability With Microsoft's NetMeeting 3.LAS VEGAS--(BUSINESS WIRE)--May 11, 1999-- Ascend Communications, Inc. (Nasdaq:ASND ASND A Streetcar Named Desire (play) ), a leader in wide area networking (WAN) and Intelligent Network (IN) solutions for providers and users of the next-generation public network, announced today that Microsoft's (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ) forthcoming Windows(R) NetMeeting(R) 3 conferencing software and Ascend's MultiVoice(TM) for the MAX(TM) and MAX TNT TNT: see trinitrotoluene. TNT in full trinitrotoluene Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene. (TM) Voice over IP (VoIP) solution, are interoperable. Windows NetMeeting is a software application that enables PC-to-public switch telephone network (PSTN (Public Switched Telephone Network) The worldwide voice telephone network. Once only an analog system, the heart of most telephone networks today is all digital. In the U.S. ) or PSTN-to-PC phone calls over the Internet and other managed Internet protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. (IP) networks. This solution will allow PC users to be notified and answer an incoming voice call while connected to the Internet using a single telephone line. With Windows NetMeeting and Ascend's VoIP platform, users will be able to place a phone call between a PSTN phone and a desktop PC enabled with Windows NetMeeting. The Ascend VoIP gateway converts the PSTN call at the edge of the IP network to IP packets and routes the call to the Windows NetMeeting user. Ascend's MultiVoice strategy is a comprehensive architecture for delivering voice and fax over IP, asynchronous transfer mode See ATM. (communications) Asynchronous Transfer Mode - (ATM, or "fast packet") A method for the dynamic allocation of bandwidth using a fixed-size packet (called a cell). See also ATM Forum, Wideband ATM. ATM acronyms. Indiana acronyms. (ATM) and 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. . Integral to the solution is "Absolute" Quality of Service (QoS) that allows service providers to deliver voice and fax over a data infrastructure with the same 'toll-quality' that users expect today from the public network. Ascend's VoIP solution includes the industry-leading MAX remote access concentrator A remote access server that supports one or more T1/E1 lines, allowing multiple analog and ISDN calls to come in over one port from the telephone company. Remote access concentrators can handle much higher call densities than remote access servers. , carrier-class MAX TNT WAN access switch, and the MultiVoice Access Manager. "With the success of Windows NetMeeting, our customers are asking us to provide support for a broad set of IP to PSTN gateways," said Jawad Khaki khaki (kăk`ē, kä`kē) [Hindi,=dust-colored], closely twilled cloth of linen or cotton, dyed a dust color. It was first used (1848) for uniforms for the English regiment of Sir Harry Burnett Lumsden in India and later became the , general manager of Windows Networking and Embedded Products, Microsoft Corp. "We are excited that by supporting and adhering to industry standards, Microsoft and Ascend have enabled interoperability between NetMeeting and the Ascend MAX, MAX TNT and MultiVoice Access Manager." "As the global market leader in remote access concentrators, Ascend's MAX and MAX TNT gateways deliver a highly reliable, flexible and scalable solution, and our open architecture allows rapid deployment of applications to meet the evolving needs of service providers," said Richard Slezak, vice president of Product Management and Business Development for Ascend's Enterprise Networking The networking infrastructure in a large enterprise with multiple computer systems and networks of different types is extraordinarily complex. Due to the myriad of interfaces that are required, much of what goes on has little to do with the real data processing of the payroll and orders. Division. "Our integration of Windows NetMeeting with Ascend's VoIP platforms delivers a product solution that allows service providers to offer new revenue generating services to their customers." About Ascend Communications Ascend Communications, Inc. (Nasdaq:ASND) 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. 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 Investor relations The process by which the corporation communicates with its investors. , please call our communications hotline at 800/648-3059 or 760/704-4423 (outside the US & Canada). Additional investor information can also be accessed on our Web site at: http://www.ascend.com/investor/. Ascend is headquartered at One Ascend Plaza, 1701 Harbor Bay Parkway Bay Parkway refers to the following roads and transit stations: Roads
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 and 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. This release, other than historical financial information, contains forward-looking statements that involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual future events or results. For instance, factors which could cause actual events or results to differ from anticipated events or results include the rate of development of new and enhanced technology by Ascend and its competitors, the integration of new businesses, the introduction and market acceptance of new products by Ascend and its competitors, competitive pricing actions and marketing programs, among others. Readers are referred to the documents filed by Ascend Communications with the Securities and Exchange Commission, specifically the most recent reports on forms 10-K and 10-Q, which identify important risk factors which could cause actual results to differ from those contained in the forward-looking statements. |
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