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NEWBRIDGE SUPPLIES EQUIPMENT FOR THREE NETWORKS IN CHINA

 KANATA, Ontario, Sept. 13 /PRNewswire/ -- Newbridge Networks (NASDAQ-NMS: NNCXF) announced today that the company has been awarded a contract by Instrimpex Equipment Import and Export Corporation, a subsidiary of China National Instruments Import and Export Corporation, to supply digital communications networking equipment for three networks in China. Total value of the contract is US$3 million.
 Instrimpex will supply the networking products to the Yunnan Post and Telecom Administration, the Zhejiang Electric Power Bureau, and the Jilin Electric Power Administration Bureau.
 The sale is being financed under a line of credit between Export Development Corporation (EDC) and the Bank of China. EDC is a unique Canadian financial institution that facilitates export trade and foreign investment through the provision of risk management services, including insurance and financing, to Canadian companies and their global customers.
 Newbridge Networks is an international company which designs, manufactures, markets and services multimedia, standards-based networking products for global LAN and WAN applications, all manageable by a single, graphically rich network management system. Facilities are located in Canada, the United States, Europe and Asia.
 Newbridge Networks Corporation is a public company whose common shares are quoted for trading on the NASDAQ National Market System (NNCXF) in the United States and listed for trading on The Toronto Stock Exchange (NNC) in Canada.
 -0- 9/13/93
 /CONTACT: Jim Marshall or Sandra Plumley of Newbridge Networks Corporation, 613-591-3600/
 (NNCXF)


CO: Newbridge Networks Corporation; Instrimpex Equipment Import and
 Export Corporation; China National Instruments Import and Export
 Corporation ST: Ontario IN: FIN SU: CON


TS -- NY087 -- 1408 09/13/93 15:27 EDT
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Publication:PR Newswire
Date:Sep 13, 1993
Words:261
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