Cascade to join the NASDAQ-100 Index.WESTFORD, Mass.--(BUSINESS WIRE)--July 16, 1996--Cascade Communications Corp. (NASDAQ NASDAQin 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 global provider of high-performance wide area networking products for the public carrier, Internet Service Provider 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. (ISP) and enterprise markets, today announced that it would become a component of the Nasdaq-100 Index effective the beginning of trading on Wednesday, July 17, 1996. The Nasdaq-100, a benchmark for large growth stocks traded on The Nasdaq Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (sm), is a capitalization-weighted index comprised of 100 of the largest non-financial stocks that list on The Nasdaq Stock Market's National Market. Cascade replaces U.S. Healthcare, Inc. (USHC), which is merging with Aetna Life and Casualty Company. One of the world's fastest growing data communications companies and the price/performance leader in Frame Relay, Cascade Communications Corp. (NASDAQ:CSCC) of Westford, Massachusetts, is a global provider of wide area networking (WAN) products for the public carrier, ISP and enterprise markets. Cascade delivers multiservice WAN switches and network management solutions that enable customers to seamlessly integrate existing technologies with ATM for cost-effective network expansion and investment protection. Cascade's B-STDX multiservice WAN switches and the Cascade 500 ATM switch offer the highest scalability and network capacity in the industry. Worldwide, private and public networks such as Bell Atlantic, BellSouth, GTE, Pacific Bell, US West, LDDS WorldCom and BT rely on Cascade products for unparalleled quality of service and high-performance WAN services. At the heart of the Internet, Cascade switches are deployed by leading ISPs such as PSINet, 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 , NETCOM NETCOM Network Enterprise Technology Command (US Army) NetCom Network Command (information systems) , AGIS (Apex Global Information Services, Inc.), CRL CRL - Carnegie Representation Language. Carnegie Group, Inc. Frame language derived from SRL. Written in Common LISP. Used in the product Knowledge Craft. Network Services and Ashton Communications. CONTACT: Suzanne M. DuLong Manager, Investor Relations Cascade Communications Corp. (508) 952-1552 email: sdulong@casc.com or Lucia F. Graziano Manager, Public Relations Cascade Communications Corp. (508) 952-1291 email: lgraziano@casc.com |
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