Cabletron to Acquire Network Express

ROCHESTER, N.H. AND ANN ARBOR, MICH. -- MAY 22, 1996 -- Cabletron Systems
(NYSE:CS) and Network Express (NASDAQ:NETK) today announced they have
entered into a merger agreement pursuant to which Cabletron will acquire
Network Express, a provider of Integrated Services Digital Network (ISDN)
high-speed LAN switched access solutions.

The acquisition launches Cabletron, the worldwide modular hub market
leader, into the rapidly expanding market of ISDN internetworking. The
combined entity will provide solutions for allowing geographically
dispersed organizations and individuals to communicate quickly, reliably
and inexpensively using ISDN.

Under terms of the merger agreement, .1388 shares of Cabletron common stock
will be exchanged for each outstanding share of Network Express. The
transaction is intended to qualify as a pooling of interests and a
tax-free reorganization. Consummation of the merger is subject to various
conditions, including approval by t he shareholders of Network Express and
clearance under the Hart-Scott-Rodino Antitrust Act. The merger is
expected to be completed promptly following approval by Network Express
shareholders. The merger agreement was unanimously approved by the board
of directors of both companies and the transaction will be recommended by
the Network Express board to its shareholders.

Cabletron's acquisition of Network Express will provide customers with
immediate solutions for their ISDN networking requirements, as well as
allow Cabletron to integrate the technology throughout our complete line
of high-performance internetworking platforms, said Craig Benson,
Cabletron's chairman, COO and treasurer.

According to Richard Eidswick, Network Express' president and CEO,
"Cabletron's strong presence in the worldwide networking markets will give
us access to large corporate customers with remote access needs. The
Network Express product line can give these customers high speed solutions
to their internetworking requirements."

Network Express supplies high-speed switched access communications products
for companies seeking to reduce communications costs through dial-up
services such as ISDN. Network Express' products provide high-speed,
cost-effective and secure features for applications including pre-press
publishing, Internet access, telecommuting, and remote LAN access. The
company has more than 3,000 installations in the US, Japan and Europe.

Cabletron Systems is the recognized leader in providing high-performance
intranetworking solutions, including LAN and ATM switches and advanced
network and systems management software. Under its Synthesis product
framework, Cabletron markets products throughout the world for linking and
managing enterprise-wide networks.

With corporate headquarters in Rochester, NH, Cabletron employs nearly
6,000 people worldwide. Cabletron's common stock is traded over the New
York Stock Exchange under the symbol CS. Over the last four quarters, the
company has reported record revenue of $1.1 billion.
 
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