For Immediate Release
Agere and XeTel Partner to Bring Design Solutions to Customers
Austin, Texas - September 7, 1999 - Austin, Texas - Agere, Inc. and XeTel Corporation (NASDAQ: XTEL) today announced an electronics design and prototype partnership for the fabrication and assembly of circuit boards and customer reference designs using Agere's Network Processors. The partnership will bring Agere's customers unparalleled time to market solutions with dramatically reduced cycle times from concept through production prototypes.
"This partnership will bring XeTel and Agere even closer," said Ford Tamer, Agere's CEO. "We first worked together to bring Agere's Fast Pattern Processor (FPP) evaluation system to customers, and our experience with XeTel's integrated circuit card design and assembly team proved superb. By selecting XeTel as our circuit board manufacturing partner, our customers can build solutions using Agere's Network Processors even faster."
Commenting on the partnership, President and CEO of the XeTel Corporation, Angelo DeCaro stated "Agere is an ideal company for XeTel to partner with - they have critical technology for various industry segments that needs the kind of time-to-market advantage that our short cycle times and rapid prototyping can produce. We will use all of our design and manufacturing resources to give Agere and Agere's customers that critical advantage."
Founded in 1984, XeTel Corporation is ranked among the top 50 electronics manufacturing services industry providers in North America. XeTel provides highly customized and comprehensive electronics manufacturing solutions to Fortune 500 and emerging original equipment manufacturers primarily in the computer, networking and telecommunications industries. XeTel incorporates design and prototype services, and sophisticated surface mount assembly capabilities, together with materials and supply base management, advanced testing, systems integration and order fulfillment services to provide total solutions for its customers. XeTel is headquartered in Austin, Texas with manufacturing services operations in Austin and Dallas, Texas and San Ramon, California. For more information, contact the Company at 512-435-1000 or Investor Relations at 512-435-1228.
Agere, Inc. is a network processor company providing datacom and telecom equipment manufacturers with powerful multi-protocol solutions for complex Layer 2 through 7 processing. Agere was founded to develop and commercialize a proven, patented technology for the construction of wire-speed programmable routers, switches and network management equipment. Agere enables system vendors to provide carriers, service providers and enterprises with the ability to quickly offer new OC-12, OC-48, and Gigabit Ethernet services.
Founded in 1998, Agere is a privately held company headquartered in Austin, Texas. Agere has attracted venture funding from TL Ventures and Austin Ventures |
