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Non-Tech : Amati investors
AMTX 1.470-5.8%Dec 12 9:30 AM EST

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To: pat mudge who wrote (13645)4/7/1997 4:08:00 PM
From: Galirayo   of 31386
 
[ Dow ] Pat,

When you talk about the news hitting the Dow What Newswire are you talking about ????

This UPI was out this morning around 10:09 AM EST.

Ray


SAN JOSE, Calif., April 7 (UPI) -- Amati Communications Corp.
announced Monday a strategic partnership with Sumitomo Corp. for
distribution of its Asymmetrical Digital Subscriber Line (ADSL) products
in Japan.
The San Jose-based company said the partnership is focused on
accelerating the deployment of advanced communications services over
existing telephone lines; a major initiative for Japan for the
multimedia age.
Sumitomo said the rapid growth of the Internet in Japan has caused
increased demands for high-speed data transmission. ADSL is seen as a
viable solution as it allows broadband access over existing telephone
lines, permitting telephone operators to offer services to their
customers such as high speed access to the Internet, networked
multimedia, work from home and ATM to the home.
In the U.S., Amati said ADSL is being acclaimed as one of the most
promising technologies for high-speed Internet access.
Amati is also the developer of Discrete Multi-Tone (DMT) technology,
which is the only ADSL line code that has been adopted by the worldwide
ETSI and ANSI standards organizations. Amati has licensed its DMT
technology to companies including Nortel and Motorola.
With the advent of mass-market economies, low-cost chipset releases,
and other factors, Amati said the price of ADSL products is expected to
fall dramatically. By the year 2000, more than $2 billion is expected to
be spent on ADSL services.
James Steenbergen, president and CEO of Amati, said, ``We look
forward to playing a pivotal role in bringing high-speed ADSL services
to the Japanese market.''
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