From The Fool Boards:
ÿSubject: message from Aware
Author: tmfdotcomÿÿÿ Date: 5/13/98 2:18:12 PM (ET)
Hi Paul,
Jim Bender was brought into the company three years ago as a turnaround
specialist. He did a great job bringing the company public and putting
into
place a strong management team; but we have now entered a new phase in
our
growth. As Aware's customer base becomes increasingly technical, the
most
effective way for us to address the needs of our customers and to more
effectively focus the company on its technology and products is to move
Michael Tzannes into the most senior role here. Michael has been with
the
company for 7 1/2 years, and his skill sets combine the technological
vision
and sales and marketing expertise needed for this role. This is a change
that has been planned for some time, and the Board and all of Aware's
senior
management, including Jim, agree that this is the best solution for the
company.
In response to your second question, it's important to note that any CAP
products or deployments will be very short-term solutions. I think you
need
to look at the overall DSL landscape. DMT has now emerged as the only
viable solution that can ensure long-term, widespread interoperability.
There are only a handful of vendors in the world who are DMT-oriented,
and
among these four, Aware is extremely well-positioned. Aware is the only
pure core technology company capable of widely proliferating its
technology.
Aware is not exclusive with any silicon provider, nor does the company
compete with its would-be customers. Moreover, Aware was the first to
demonstrate splitterless DMT. We are the furthest ahead and we have
patents
pending on the technology. With the aggressive time to market
requirements
established by the UAWG (spearheaded by Compaq, Intel and Microsoft), it
makes sense for anyone who wants to incorporate DSL Lite into their
product
or service offering to partner with Aware.
Hope to see you at Supercomm. Booth #9153
Kristin
ÿ
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