Ohmohm tip us this tutorial via Twitter. Its in Russian language but you can use Google translate.
LPC2378-STK in this case act as web server and allow other devices to connect to it via PPP.
http://wiki.ru.com/index.php/90-art/16492-realizatsiya-ppp-soedineniya-s-pomoshchyu-steka-tcpnet
olimex 
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