Ascend Announces Major Milestone: Ships 50,000th MAX; Pioneering MAX WAN Access Switches Are Most Deployed Architecture for Exploding ISP Market.ALAMEDA, Calif.--(BUSINESS WIRE)--May 7, 1998--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) ), the leading provider of wide area network (WAN) solutions for network service providers, today announced that it has shipped its 50,000th MAX. Enabling millions of users to log on to the Internet, the Internet, the, international computer network linking together thousands of individual networks at military and government agencies, educational institutions, nonprofit organizations, industrial and financial corporations of all sizes, and commercial enterprises MAX line of WAN Access Switches has achieved a significant milestone that marks Ascend's history of providing more than four million access ports to Network Service Providers and enterprise customers around the world. "We are very excited to have reached this important milestone," said Mory Ejabat, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ascend. "We designed the MAX platform to support the dynamic connectivity requirements of high-volume Internet access See how to access the Internet. and corporate remote access. As the product line has expanded, we have continued to deliver the robust functionality and range of access technologies that service providers, as well as corporate customers need to be successful. Our 50,000th shipped MAX represents a continued commitment to our customers, and validates our established market leadership." Market Leading Product Satisfies Key Customer Needs Ascend is the market leader in WAN Access Switches, with over 40 percent of the analog ports deployed worldwide, according to market research firm Dell'Oro Group. Ascend's MAX and MAX TNT TNT: see trinitrotoluene. TNT in full trinitrotoluene Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene. products enable enterprise customers and service providers to deploy remote access and Internet dial-up access, as well as providing a wide range of additional features through Ascend's recently-announced True Access(tm) Operating System. "The MAX product line has continually proven its worth as a mission-critical element of our service infrastructure," said Rob Welsh, director of engineering of dial-up services at GTE GTE General Telephone & Electronics GTE Génie Thermique et Énergie (French) GTE Gas Turbine Engine GTE Global Tropospheric Experiment GTE Geothermal Energy GTE Gas Turbine Efficiency plc (Sweden & USA) Internetworking. "As Ascend raises the bar in functionality and scalability, we have been able to leverage that innovation to provide our customers with new service offerings." The MAX and MAX TNT have maintained industry leadership by satisfying the needs of leading 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. (ISPs), traditional and competitive carriers, and corporate customers worldwide. Ascend's MAX products provide reliable and scalable infrastructure to an ever expanding and integrating telecom/data industry. With ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. clients that include PSInet, GTE Internetworking, and UUNET (UUNET Technologies, Inc., Fairfax, VA, www.uunet.net) Founded in 1987, UUNET was the first commercial Internet service provider. Originally offering e-mail and news, it became a full Internet service organization providing dial-up and leased line accounts as well as archive space for , Ascend provides the majority of all backend Internet infrastructure. In addition, leading carriers and Competitive Local Exchange Carriers (CLECs), including XCOM XCOM Exterior Communication System XCOM External Communications and Teleport, and major corporations such as Hewlett-Packard, Kinko's, Nintendo of American and others utilize MAX products for their networking solutions. Internationally, MAX switches are used by many of the Postal Telegraph and Telephone A postal, telegraph, and telephone (or PTT) is or was a government agency responsible for postal mail, telegraph, and telephone services in many countries worldwide other than North America and Japan. (PTT (1) (Postal, Telegraph & Telephone) The governmental agency responsible for combined postal, telegraph and telephone services in many European countries. (2) See push-to-talk. PTT - Post, Telephone and Telegraph administration ) agencies and well-known ISPs in Europe, Asia-Pacific and South America. Ascend's Best of Breed Solutions The MAX and MAX/TNT are critical components of Ascend's "best-of-breed" solution set for service providers. As a stand-out in the data networking industry, Ascend provides a complete set of solutions, including enterprise connectivity, service provider access, and core systems, as well as technologies and solutions that provide end-to-end quality-of-service (QoS), security, and network management. This "best of breed" capability allows service providers to build and manage revenue-generating services over existing and new infrastructures. About Ascend Communications Ascend Communications Inc. develops, manufactures, sells and services wide area networking solutions for telecommunications carriers, Internet service providers and corporate customers worldwide. Press and Industry analysts, please contact Meredith Valt, Alexander Communications 415/923-1660, mvalt@alexandercom.com; Investors and financial analysts, please contact Kristina Graziano, 510/747-2345, kristina.graziano@ascend.com for 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, Alameda, Calif. 94502; phone is 800/ASCEND4 and fax is 510/814-2300. The foregoing statements may contain forward-looking statements 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: Ascend Communications Stacy L. Ellis, 510/747-6783 stacy.ellis@ascend.com or Alexander Communications Meredith Valt, 415/923-1660 mvalt@alexandercom.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion