Newbridge Networks Expects Record Revenue for Q4/00: Business Activity Levels Remain Strong as Momentum Continues to Build

Business Wire, April 6, 2000

Business Editors

KANATA, CANADA--(BUSINESS WIRE)--April 6, 2000

Newbridge Networks (NYSE:NN)(TSE:NNC.) today announced it is experiencing strong growth for its current quarter, ending April 30. The Company expects to achieve record revenue for its core broadband switches and broadband access products, and is on track to meet forecasts. Overall revenue for Q4 is on course to meet or exceed forecasts.

"In Q3, which ended January 29, Newbridge achieved record revenue, streamlined its cost structures, made substantial gains in the U.S. market, and increased WAN packet revenues. These have all served to put Newbridge on a dynamic growth path in the broadband, next generation market," said Pearse Flynn, Newbridge president and chief operating officer. "Our expected revenue in this quarter is continued proof that Newbridge and its employees have succeeded in our ambitious plans to restructure the Company."

Highlights of Q4 activity include:

- New Edge Networks, one of the fastest growing U.S.-based CLECs, continues to
roll out its national DSL (digital subscriber line) network based on the
Newbridge 350 IVSN (Integrated Versatile Services Node) and Newbridge network
and service management.

- BT Belgium selected the Company's market leading broadband wireless access
solution for a nationwide network roll out in Belgium. The technology will
allow Belgian corporations and SMEs to by-pass the bandwidth bottleneck of the
local loop, granting high speed access to BT Belgium's sophisticated broadband
services.

- AT&T Canada selected Newbridge to provide network equipment and service
management for its nationwide DSL-enabled network. When complete, the network
deployment will enable AT&T Canada - the country's largest facilities-based
competitive provider of local and long distance, voice, data and Internet
communications services - to offer DSL-enabled services to approximately 80
percent of the business access lines in Canada.

- Hanaro Telecom Inc. selected Newbridge to supply LMDS (local multipoint
distribution system) equipment for Hanaro's first year of broadband services.
Hanaro Telecom Inc. is a full-service telecommunications carrier in Korea and a
license holder for B-WLL service.

- Newbridge announced its selection of IBM Global Services to extend the
Company's customer reach, accelerate customer satisfaction, and significantly
improve worldwide service delivery. Under the agreement Newbridge and IBM will
work together to enhance Newbridge's comprehensive range of services.

This announcement may include certain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from results indicated in any forward-looking statements.The Company cautions that, among other things, in view of the rapid technological changes in the networking industry, if technologies or standards supported by the Company's products or common carrier service offerings based on the Company's products become obsolete or fail to gain widespread commercial acceptance, the Company's business may be adversely affected. Additional information identifying risks and uncertainties is contained in the Company's most recent Form 10-Q quarterly report and Form 10-K annual report filed with the SEC.

About Newbridge Networks

Newbridge Networks designs, manufactures, markets and services wide area networking solutions for service providers in more than 100 countries. On February 23, 2000, Newbridge entered into a definitive agreement to be acquired by Alcatel, a world leader in end-to-end voice and data communications solutions systems. Alcatel's leadership in broadband access combined with the Newbridge leadership in ATM/MPLS/IP switched routing will make it one of the top players in the next generation networking market with complete, end-to-end communication solutions. Current Newbridge customers include the world's 350 largest telecommunications service providers. The Company employs more than 6,000 people on six continents. News and information are available at www.newbridge.com

For more information, contact Corporate Communications.

Newbridge and logo are registered trademarks of Newbridge Networks Corporation.