EXHIBIT 99.1


       Newbridge Networks and Stanford Telecom Satisfy Major Conditional
                      Requirement of Acquisition Closure

                   Agreement to Sell Defense Communications
     Business to ITT Industries Satisfies Major Conditional Requirement of
    Merger with Stanford Telecom; Closure of Merger Proceeding On Schedule


KANATA, ONTARIO--(BUSINESS WIRE)--Sept. 23, 1999--Newbridge Networks (NYSE: NN -
news; TSE: NNC - news) and Stanford Telecommunications Inc. (Nasdaq: STII -
news) today announced that they have satisfied a major conditional requirement
of their pending merger by entering into an agreement to sell Stanford Telecom's
defense communications business to ITT Industries (NYSE: IIN - news). Based in
White Plains, NY, ITT Industries is a leading manufacturer of military defense
systems.

The transaction values the Stanford Telecom defense communications business at
approximately U.S. $191 million. Under the agreement, ITT will substantially
assume all obligations and liabilities associated with the Stanford Telecom
defense communications businesses.

Newbridge announced on June 22, 1999 that it had signed a definitive agreement
to acquire Stanford Telecommunications, a leading supplier of key broadband
wireless technologies and products. Newbridge expects the merger to close on
schedule.

The closure of ITT's acquisition of Stanford Telecom's defense communications
business is contingent upon a number of conditions, including the closure of the
merger agreement between Newbridge and Stanford Telecom.

In the merger with Newbridge, Stanford Telecom stockholders will receive
Newbridge stock with a value of U.S.$30 plus a contingent value right (CVR) for
each share of their Stanford Telecom stock. The amount generated through this
sale and the sale of the Stanford Telecom contract manufacturing business will
be used to determine the value of the CVR. Based on the ITT agreement and the
expected sale price for the contract manufacturing business, Stanford Telecom
and Newbridge expect the CVR will have a value of between U.S. $3.50 and $4.00.

"By acquiring Stanford Telecom, we have acquired access to the source of the
high speed time division multiple access (TDMA) technology that contributes
significantly to differentiating our broadband wireless product offering from
the competition," said Conrad Lewis, executive vice president, Access Products
Group, Newbridge Networks.  "Today's announcement of the agreement to sell
Stanford Telecom's defense communications business to ITT means that Newbridge
Networks and Stanford Telecom have satisfied the primary contingency in closing
our own merger agreement."

Stanford Telecom designs, manufactures and markets advanced digital
communications products and systems to establish or enhance communications via
terrestrial wireless, satellites and cable.


Stanford Telecom's technical strengths include: system design, communication
waveforms, modulation and demodulation techniques, ASIC design, radio frequency
(RF) antennas and converters, software and firmware, asynchronous transfer mode
design and advanced manufacturing techniques and processes. Stanford Telecom was
founded in 1973, maintains headquarters in Sunnyvale, California. News and
information are available at www.stelhq.com.

Newbridge Networks designs, manufactures, markets and services wide area
networking solutions for Internet service providers; local, long-distance, and
wireless communications companies; cable television carriers; and enterprise
customers in more than 100 countries.

The Company leverages its relationship with a growing family of Newbridge
Affiliate companies and strategic alliances with numerous other networking
companies to deliver complete, end-to-end solutions. Newbridge customers include
the world's 350 largest telecommunications service providers and more than
10,000 corporations, government organizations and other institutions. Founded in
1986, the Company employs more than 6,000 people on six continents. News and
information are available at www.newbridge.com.

Newbridge and logo are registered trademarks of Newbridge Networks Corporation.

Stanford Telecom and Stanford Wireless Broadband are registered trademarks of
Stanford Telecommunications Inc.