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Technology Stocks : Aware, Inc. - Hot or cold IPO?
AWRE 2.100-2.8%3:02 PM EST

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To: Bill who wrote (6631)6/22/1999 11:16:00 AM
From: Paul Lee  Read Replies (1) of 9236
 
Aware's G.Lite Technology Compliant With ITU's Approved G.992.2 Standard

BEDFORD, Mass.--(BUSINESS WIRE)--June 22, 1999--Aware, Inc.
(NASDAQ:AWRE), a worldwide leader in DSL (Digital Subscriber Line)
technology and a pioneer of G.Lite technology, announced that its DSL
technology is compliant with all of the technical specifications of
the International Telecommunications Union (ITU) G.992.2 standard. The
new standard, which was determined by the ITU in October 1998, was
approved earlier today at the ITU Study Group Meeting in Geneva,
Switzerland.

The G.Lite standard for DSL technology will accelerate the
delivery of high-speed Internet access to the home. The approval of
the standard fulfills the vision of a single consumer-oriented global
standard for high-speed data access over phone lines. G.Lite services
transmit Internet data up to 25 times faster than today's fastest
analog modems, without requiring voice-data splitters at every home.

Through its efforts to pioneer and prove the viability of G.Lite
technology, Aware was able to provide key technical submissions,
including splitterless techniques and low complexity algorithms, to
the Universal ADSL Working Group and the ITU G.Lite Study Group. Aware
also served as an ITU editor during the drafting and approval process
for the new standard.

As a leading independent provider of DSL technology, Aware has
already developed and licensed technology for G.Lite that implements
the new standard. According to Dataquest, Aware's technology enabled
58% of the chipsets sold in the ADSL industry in 1998. Aware-enabled
chipsets, the majority of which were sold by Analog Devices, fuel
standard compliant offerings from a number of leading
telecommunications and networking companies, including 3Com, Ascend,
Cisco, Compaq, Efficient Networks, ECI Telecom, Ericsson, Hyundai
Electronics, Newbridge Networks, Nortel Networks, and Samsung
Electronic Ltd.

"Aware has fulfilled its commitment to deliver technology that
conforms to the new ITU standard, placing the company and its
customers in a strong market position. The G.Lite standard will be
used for data access over phone lines worldwide, enabling true
high-speed Internet access for consumers." said Michael Tzannes,
president and chief executive officer of Aware, Inc.

Several of Aware's recent licensees had the following comments:

"The final standardization of the ITU's G.Lite standard means
that the DSL market can grow even more quickly," said Christian Wolff,
vice president of Business Unit Analog Transceiver, Infineon
Technologies. "Aware has significantly reduced the risk for
standard-compliant implementations of G.Lite technology today. Aware's
outstanding ADSL experience and the very advanced stage of its G.Lite
development adds high-performance and proven interoperability to our
chipset."

Chung Ho, Director of Marketing for WAN Products, NEC Electronics
Inc. stated: "Aware's G.Lite technology is already the de facto
standard in the DSL industry, and now with the advent of the final ITU
G.Lite standard, our market opportunity for customer-oriented
solutions based on Aware's standard-compliant technology is
significantly increased. We expect to see accelerated deployment from
equipment makers and service providers alike."

Aware has also demonstrated its technology leadership through its
commitment to industry-wide interoperability. Aware's technology has
been prominently featured in numerous interoperability events,
including the UAWG's G.lite Interoperability Booth at Supercomm '99 in
which Aware's technology fueled more than half of the connections
established.
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