Ascend and HP Announce Integration for Data and Telephony Networks.ALAMEDA, Calif.--(BUSINESS WIRE)--May 11, 1998-- Collaboration Speeds to Market Ascend's New SS7 Solutions based on HP OpenCall OpenCall is a Hewlett Packard product range consisting of an extensive portfolio of network and telephony products. It is most commonly described as a suite of software and hardware applications which allow implementation of common telecom operator services such as ; Solutions Expected to Lower Cost for Solving Internet Dial-up Traffic Congestion The condition of a network when there is not enough bandwidth to support the current traffic load. congestion - When the offered load of a data communication path exceeds the capacity. 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) ) and Hewlett-Packard Company (NYSE NYSE See: New York Stock Exchange :HWP HWP Height (and) Weight Proportionate HWP Half-Wave Plate HWP Highway Patrol HWP Height Weight Proportional HWP Hewlett-Packard Corporation (stock symbol) HWP Hydrolyzed Whey Peptides ), today announced plans to develop SS7 Carrier Signaling Network solutions to solve Internet congestion problems, while driving network infrastructure costs down for Telcos/ISPs. Ascend is the leading supplier of wide area network (WAN) solutions to network service providers, and HP is a leading supplier of SS7 and Intelligent Network (IN) platforms to Network Equipment Providers. This development provides the foundation for a new network architecture designed to optimize the routing and processing of Internet traffic Internet traffic is the flow of data around the Internet. It includes web traffic, which is the amount of that data that is related to the World Wide Web, along with the traffic from other major uses of the Internet, such as electronic mail and peer-to-peer networks. across the public switched 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. ). This reflects Ascend's support for SS7 as a key part of its recently announced MultiVoice strategy to help customers leverage the service convergence across voice and IP networks. The MultiVoice strategy, based on a new version of the HP OpenCall IN platform, involves interoperability with the SS7 network, which will be delivered by Ascend. The resulting architecture is expected to support future product developments such as voice-over-IP communications and broadband ATM access. "Ascend is using the HP Open Call Intelligent Network Platform to build new data and voice applications for Carriers and ISPs. HP OpenCall provides a flexible and comprehensive platform for computer-based Intelligent Network (IN) functionality, offering the reliability, performance, and scalability required in this fast-paced market segment," said David Misunas, vice president of Strategic Business Development for Ascend. "And HP has the mix of commercial computing and PSTN expertise we need to help our carrier and 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. customers reduce infrastructure costs on their network, while simultaneously preparing for a new wave of revenue-generating IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. services." "As the market-share leader in Internet access See how to access the Internet. equipment, Ascend is in an excellent position to extend and integrate its architecture across PSTN and the Internet," said Virgil Marton, general manager of HP's Telecom Infrastructure Division. "The collaboration with Ascend is a critical component of our strategy to provide the computing foundation for what HP calls the "extended network," which is the convergence of PSTN, Internet, intranets, and private communication networks." About HP HP is the official information-technology hardware and maintenance supplier to the 1998 World Cup soccer tournament. Hewlett-Packard Company is a leading global provider of computing, Internet and intranet solutions, services, communications products and measurement solutions, all of which are recognized for excellence in quality and support. HP has 123,300 employees and had revenues of $42.9 billion in its 1997 fiscal year. Information about HP and its products can be found on the Web at www.hp.com. Information about HP OpenCall platforms can be found at www.hp.com/telecom. 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 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 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 Meredith Valt, 415/923-1660 x166 mvalt@alexandercom.com or Ascend Communications Stacy L. Ellis, 510/747-6783 stacy.ellis@ascend.com or Hoffman Agency (for HP) Shelly Greenhalgh, 408/975-3039 sgreenhalgh@hoffman.com |
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