Osicom Supplying Units for MCI Network

Osicom Technologies Inc. said it agreed to supply remote-access units for MCI Communications Corp.’s network services contract with the U.S. Postal Service. Financial terms weren’t disclosed. MCI last month said it won a five-year contract from the Postal Service to build a telecommunications network. The contract has a minimum value of $100 million and could pay as much as $3 billion, Washington-based MCI said. Santa Monica-based Osicom has started shipping products to fill MCI’s order, a spokesman said. Osicom shares rose $1.06 to close at $11.125 on the Nasdaq Stock Market.