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Sync Research Shares Up 20% on Heels of Pac Bell Agreement

Shares of Sync Research Inc. rose 20% Tuesday after Pacific Bell said it would use Sync’s devices as part of a computer network service offered to corporate customers.

The Irvine-based company’s stock finished the day at $13.375 per share, up $2.25 from the previous day in active trading on the Nasdaq market.

“We’re excited about [the Pacific Bell deal] because it’s another carrier that has endorsed our product,” said Sync President Roger Dorf.

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Dorf declined to estimate how much additional revenue Sync might collect through the agreement with Pac Bell, but said potential customers include many of the largest companies in Pac Bell’s territory, which encompasses California.

Sync, one of last year’s hottest initial public stock offerings, has similar deals with Ameritech Corp., a regional telephone company based in Chicago, and long-distance carrier Sprint Corp.

Sync makes devices that enable IBM mainframe computer networks to share data much the way newer “wide area” networks do. Mainframe networks equipped with Sync’s devices no longer require separate phone lines to transmit data, but can share lines and capacity with other companies and networks.

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