Cascade announces end to preliminary discussions.WESTFORD, Mass.--(BUSINESS WIRE)--Dec. 1, 1995--Cascade Communications 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) ), a worldwide supplier of high-performance, multiservice wide area network (WAN) switches, today announced that it had recently held preliminary discussions with another company regarding a possible business combination, but that those discussions have been terminated. However, in light of the rapid evolution of the 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. market, Cascade is constantly evaluating the possibility of strategic alliances or combinations with other companies, and Cascade may at any time, or from time to time, engage in discussions with other companies, including the company with which preliminary discussions were recently terminated, regarding such an alliance or combination. There can be no assurance that any such discussions with other companies will take place, or that, if such discussions were to take place, any agreement would be reached with any such company. One of the world's fastest growing data communications companies and the price/performance leader in 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. , 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. of Westford, Mass., is a global provider of wide area networking products for the enterprise and public carrier network markets. CONTACT: Cascade Communications Paul E. Blondin, 508/952-1001 or Sharon Merrill Associates Suzanne DuLong, 617/262-1800 |
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