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Technology Stocks : All About Sun Microsystems

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To: JDN who wrote (31512)5/4/2000 3:24:00 PM
From: JDN  Read Replies (1) of 64865
 
To all: OK, heres another one. Anyone have any idea what this means to SUNW? Any money in this for us? JDN

Echelon Press Release :
SAN DIEGO--(BUSINESS WIRE)--May 4, 2000--Echelon (Nasdaq:ELON) and Sun Microsystems, Inc. (Nasdaq:SUNW) announced today at the CONNECTIONS(TM) 2000 conference that they have entered into a memorandum of understanding to integrate LONWORKS(R) networks with Java(TM) technology-based services for set-top boxes, residential gateways, and other gateway devices. The cooperation will be based on the recently released specification from the Open Services Gateway initiative (OSGi), a non-profit industry group created to define a unified broadband connection specification for Internet-based services. The residential gateway market is predicted by Cahners In-Stat to reach $2.9 billion in worldwide revenues by 2003.

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