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BUSINESS EDITOR:

 NEWBRIDGE NETWORKS ANNOUNCES FILING OF PRELIMINARY
 PROSPECTUS AND REGISTRATION STATEMENT
 KANATA, Ontario, Nov. 19 ~PRNewswire~ -- Newbridge Networks Corporation (NASDAQ: NNCXF; TSE: NNC) announced today that it filed a preliminary prospectus in Canada and a registration statement in the United States for a public offering of 2,750,000 common shares. Of the shares being offered, 2,250,000 are being offered by Newbridge and 500,000 are being offered by a selling shareholder. Alex. Brown & Sons Incorporated, S.G. Warburg & Co. Inc. and Gordon Capital Corporation are the underwriters of the offering. Newbridge has also granted the underwriters an option to purchase up to an additional 412,500 shares to cover over-allotments.
 Newbridge is a leading supplier of integrated digital networking products that enable enterprises to build, expand and manage worldwide communications networks.
 A preliminary prospectus relating to the common shares has been filed with securities regulatory authorities in each of the provinces of Canada except Quebec but has not yet become final for purposes of a distribution to the public, and a registration statement has been filed with the United States Securities and Exchange Commission but has not yet become effective. The common shares may not be sold nor may offers to buy be accepted prior to the time a receipt is obtained for the final prospectus from securities regulatory authorities in Canada and the registration statement becomes effective in the United States. This announcement shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the common shares in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to qualification of the common shares for distribution or registration under the securities laws of any such jurisdiction.
 -0- 11~19~92
 ~CONTACT: Jim Marshall or Sandra Plumley, 613-591-3600, both for Newbridge Networks~
 (NNCXF)


CO: Newbridge Networks ST: Ontario IN: TLS SU:

LD -- NY123 -- 3192 11~19~92 19:57 EST
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Publication:PR Newswire
Date:Nov 19, 1992
Words:326
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