Cascade Responds To GDC Announcement.WESTFORD, Mass.--(BUSINESS WIRE)--April 21, 1997-- Cascade Communications Cascade Communications was a Westford, Massachusetts based manufacturer of communications equipment. Founding Cascade was founded by Desh Deshpande in 1990, and was led by CEO Dan Smith. Product Cascade made a compact Frame Relay system. Corp. (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 : CSCC CSCC Calgary Sports Car Club (Alberta, Canada) CSCC Clemson Sports Car Club CSCC Columbus State Community College (Ohio) CSCC Classic Sports Car Club (UK) ), today issued a statement in response to an announcement made by General DataComm Industries, Inc. (GDC GDC Game Developers Conference GDC General Dental Council GDC Gouvernement du Canada GDC Georgia Department of Corrections GDC Global Data Center GDC Guglielmi Detachable Coil GDC Global Development Center GDC Institute for Genetic Disease Control in Animals ). GDC announced that it has commenced a lawsuit in the Connecticut Superior Court against Sahara Networks, Inc., acquired by Cascade in January 1997, its three founders and eleven former GDC employees, ten of whom were hired by Sahara. Cascade believes that the allegations of the lawsuit are without merit and the Company intends to defend the lawsuit vigorously. About Cascade Communications Corp. Cascade Communications Corp. (NASDAQ:CSCC) is at the forefront of broadband data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. with its family of scalable, carrier-class Frame Relay, ATM, IP and Remote Access switching products. Used by public carriers and 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. worldwide, Cascade products are forming the foundation of the public network infrastructure for global communications. Cascade is headquartered in Westford, Massachusetts, USA, with offices throughout the Americas, Europe and Asia/Pacific. For more information about Cascade and its products, please visit the company's web site at http://www.casc.com CONTACT: Cascade Communications Corp. Investor Contact: Suzanne M. DuLong (sdulong@casc.com) (508) 952-1652 or Press Contact: Lucia F. Graziano (lgraziano@casc.com) (508) 952-1291 |
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