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Technology Stocks : Aware, Inc. - Hot or cold IPO?
AWRE 2.090+3.4%9:41 AM EST

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To: Scrapps who wrote (7204)11/8/1999 10:07:00 AM
From: Paul Lee  Read Replies (1) of 9236
 
Aware, Inc. DSL Technology Powers Analog Devices' Million Chip Milestone

BEDFORD, Mass.--(BUSINESS WIRE)--Nov. 8, 1999--Aware, Inc.
(NASDAQ:AWRE), a worldwide leader in DSL (digital subscriber line)
technology for high-speed Internet access over existing telephone
networks, today announced that its strategy of propagating technology
through intellectual property licensing received compelling validation
as Analog Devices, Inc. (NYSE: ADI) announced the sale of its one
millionth DSL chipset last week.

Michael Tzannes, Aware's president and chief executive officer,
noted: "ADI has been a pioneer in the DSL industry, with demonstrated
leadership in selling production-level solutions and in
interoperability. Aware has been licensing technology to ADI since
1993. Our full-rate ADSL and G.lite technology and software have
successfully enabled ADI's AD20msp910, AD20msp918 and AD20msp930
chipsets. By combining our DSL technology with ADI's core competencies
in analog and digital chipset technology, we have together achieved
the significant milestone of one million chipsets sold."

DSL enables telephone companies to offer broadband communications
over the existing telephone network. By utilizing signal frequencies
higher than those used by regular voice service, a single phone line
can provide both high-speed data and plain old telephone service.
Phone companies today, including regional bell operating companies,
international PTTs and competitive local exchange carriers, are
offering high-speed Internet access service using DSL.

DSL services offered by telephone companies are enabled by a
variety of types of equipment. On the telephone company side, phone
companies may deploy DSL through DSLAM, switch upgrade, or digital
loop carrier equipment. On the residential side, customers may use
standalone modems, internal PC solutions, or gateway devices. Each
equipment architecture requires a distinct silicon architecture,
providing opportunities for numerous chipset solutions to stake out
market share in the emerging DSL industry. Aware's business model is
to provide DSL technology for the broad array of silicon architectures
that are required to enable the multiple types of equipment that will
play a part in DSL service rollouts worldwide.

Tzannes added: "We offer semiconductor manufacturers
market-responsive technology that may be flexibly mapped across a wide
spectrum of silicon solutions regardless of the underlying silicon
architecture requirements. Aware's objective is to combine this core
competency with the strong technology, manufacturing, distribution and
product differentiation capabilities of each of our semiconductor
customers. Our DSL expertise along with our customers' strengths
provide a winning combination in this rapidly changing, highly
competitive industry."
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