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News November 12, 14:13 Eastern Time
SANTA CLARA, Calif., Nov. 12 /PRNewswire/ -- Integrated Telecom Express, Inc. (ITeX) today
announced that Intel Corporation has made an equity investment in the company. Financial details
were not disclosed.
ITeX has been working together with Intel to ensure interoperability between ITeX's host-based
Scalable ADSL Modem (SAM) technology and Intel's high-performance processors.
According to Young Liu, President and CEO of ITeX, "Our goal is to take advantage of increasing
microprocessor performance to create affordable, next generation digital modems designed to
greatly improve the Internet access experience for home and small office users."
Ali Sarabi, director of Intel's Broadband and IP Telephony Lab, said, "ITeX's commitment to the
G.lite standard and their approach to ADSL chipset development is complementary to our efforts
to help accelerate copper wire broadband deployment."
About Integrated Telecom Express, Inc.:
ITeX is in business to design, manufacture, market and support
ADSL semiconductor solutions for the telecommunications equipment, PC
and consumer electronics industries. The company provides solutions
that give system manufacturers advantages in system design,
flexibility, scalability and cost. ITeX has significant resources that
include important technical and management skills such as design
expertise in analog, digital and mixed-signal technologies. The
company has strategic partnerships with Alcatel, the leading ADSL
equipment manufacturer, as well as foundries in Asia.
Located in Santa Clara, California, in the heart of Silicon Valley, ITeX currently employs 97 people.
The company's engineering team is made up of 75 research and development engineers, including
14 scientists with Ph.D. degrees. ITeX also has a research office in Los Angeles, and sales offices
in Round Rock, Texas, and Taipei, Taiwan. The company is a member of ADSL Forum, Universal
ADSL Working Group (UAWG), International Telecommunication Union (ITU), and T1E1. ITeX will
be exhibiting its ADSL chipset at the upcoming Fall Comdex '98 at booth L5060. Additional
information about ITeX can be found at ITeX's website at www.itexinc.com, or by contacting the
company at 408-980-8689.
SOURCE Integrated Telecom Express, Inc.
11/12/98 /CONTACT: Timothy Rogers,
Chief Financial Officer of Integrated Telecom Express, Inc.,
408-980-8689, ext. 282/
/Web site: itexinc.com
CO: Integrated Telecom Express, Inc. ST: California IN: CPR SU:
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