Ascend Takes the Number One Market Share Lead in Service Provider Voice over IP.ALAMEDA, Calif.--(BUSINESS WIRE)--June 23, 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 service providers and users of the next-generation public network, today announced its proven leadership in the worldwide Voice over IP (VoIP) market. 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. the latest research from Cahners In-Stat, Ascend is the clear leader in both manufacturer sales and port shipments in the worldwide VoIP 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. (RAC See remote access concentrator. ) market. VoIP Leadership According to Cahners research, Ascend held more than 40 percent market share in both manufacturer sales and port shipments in the VoIP RAC gateway market in the first quarter of 1999. The company captured 40.3 percent market share in manufacturer sales and 40.4 percent market share in port shipments. VoIP RAC gateway products convert standard, circuit-switched voice conversations into compressed voice packets for transmission over a WAN, local area network (LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. ) or virtual private network (VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ). They support any combination of IP, 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. for its transport mechanism. Cahners' research provides statistical, third-party evidence that validates Ascend's leadership in the burgeoning VoIP market segment. "Ascend has taken the lead in yet another key networking market segment," said Laurie Gooding, senior WAN analyst with Cahners In-Stat Group. "Their success is underscored by the obvious confidence of Internet telephony service providers (communications) Internet Telephony Service Providers - (ITSP) Companies providing IP Telephony. who are betting their future growth on Ascend equipment." Ascend's VoIP Solutions Ascend's MultiVoice (VoIP) for the MAX and MAX TNT TNT: see trinitrotoluene. TNT in full trinitrotoluene Pale yellow, solid organic compound made by adding nitrate (−NO2) groups to toluene. solutions deliver voice, data and fax services over a single, unified network infrastructure. They are the only solutions on the market to offer "Absolute" Quality of Service (QoS) across the complete connection -- from access through the core to the public network -- providing toll-quality voice, video and real-time data Real-time data denotes information that is delivered immediately after collection. There is no delay in the timeliness of the information provided. Some uses of this term confuse it with the term dynamic data. . Ascend's MultiVoice solutions also enable voice traffic to be sent and received over IP-based networks such as the Internet, private intranets, and extranets, offering an integrated Voice-over-IP solution that is high quality, high performance, cost justifiable, scalable, and based on international standards. "As the convergence of voice and data networks becomes a reality, voice over IP is becoming the cornerstone of the converged network," said Roger Boyce, Vice President and General Manager, Enterprise Networking Business Unit, Ascend Communications. "We have had tremendous growth in this segment, particularly over the past few months. Recognized leadership in the Voice over IP market is another example of our commitment to driving leading technology into the service provider market." The products included in the VoIP RAC market study have recently been recognized for their superiority throughout the industry. The MAX TNT(TM) WAN Access Switch, referred to as a "Remote Access Dream Machine," recently won Network Computing's "1999 Well-Connected Award" at Networld+Interop in Las Vegas, as well as Network Computing's Editor's Choice Award. The MAX 6000 also recently received Network World's Blue Ribbon Award with a "stellar performance." 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 http://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, Alameda, Calif. 94502; phone is 800/ASCEND4 and fax is 510/814-2300. 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. |
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