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Monday October 25, 9:07 am Eastern Time
Company Press Release
GlobeSpan First to Expand Multimode ADSL Coverage to Japanese Market Through Software Upgrade
Multimode ADSL Solutions Enable GlobeSpan's Customers to Deploy ADSL to Global Markets
RED BANK, N.J.--(BUSINESS WIRE)--Oct. 25, 1999-- Continuing its drive to enable ADSL Internet and remote access communications services worldwide, GlobeSpan, Inc. (NASDAQ: GSPN - news) today announced a firmware upgrade to its Titanium(TM) chipsets that expands the markets served with its multimode chipset solutions. Multimode ADSL solves the problem of meeting market requirements for ADSL around the world. Now, in addition to supporting multiple access methods such as G.DMT (ITU G.992.1), G.lite (ITU G.992.2) and RADSL (ANSI TR-59), GlobeSpan's Titanium chipsets are the first to support both the ITU G.992.1 and G.992.2 Annex C Recommendations required for the Japanese ADSL market. With this value-added functionality in GlobeSpan's Titanium chipset solutions, ADSL and Japan's ISDN services can now readily share the same copper telephone wire bundles without interfering with each other, ensuring compatibility and allowing high-speed ADSL access services to begin mass deployment in Japan.
GlobeSpan is dedicated to enabling new markets for its customers and, consequently, is committed to evolving the ADSL market internationally. Because of the full programmability and software flexibility of the Titanium chipsets, DSL equipment manufacturers can design products that meet various international requirements, such as Annex C support, through simple software downloads to the chipsets rather than through costly hardware modifications.
Earlier this month several Japanese firms said that they planned to team up to offer reduced-cost high-speed Internet access services in Japan using ADSL technology. With this new firmware upgrade, GlobeSpan has solved the requirements of one of the most complex forms of DMT line code, making GlobeSpan's Titanium chipsets with their Annex C capability ideally suited for ADSL applications in Japan.
``ADSL equipment manufacturers want to supply systems that can be deployed throughout the world without changes to their hardware,' said Armando Geday, GlobeSpan's president and CEO. ``GlobeSpan's software upgrades, including this new firmware for the Japanese ADSL environment, deliver this key benefit to them. Manufacturers who design ADSL equipment for deployment in Japan can now leverage GlobeSpan's technology leadership and field experience supplying robust, feature-rich DSL chipsets. Our Titanium chipsets have been optimized to enable customers to create cost-effective, interoperable systems with high port density, long reach and low power.'
Availability
GlobeSpan's Titanium chipsets with Annex C support are available now and are currently being designed into DSL equipment for the Japanese market. To minimize time-to-market and assure optimum performance of its customers' DSL systems, GlobeSpan provides comprehensive reference designs and development support.
About GlobeSpan
GlobeSpan, Inc. is a leading worldwide developer of advanced digital subscriber line (DSL) integrated circuits, which enable high-speed data transmission over the existing network of copper wire telephone lines at rates over 100 times faster than today's commonly deployed 56 kilobit modem technologies. Both Cahners In-Stat and Dataquest, two highly respected market research organizations, have ranked GlobeSpan the number one company in DSL chipset shipments for 1998.
GlobeSpan has leveraged six years of field experience in implementing DSL technology to successfully bring proven DSL chipset solutions to market. The company's core engineering team includes several individuals who were early developers of DSL technology at AT&T Bell Labs. GlobeSpan offers a broad suite of DSL solutions, including ADSL, RADSL, HDSL, HDSL2, SDSL and MSDSL chipsets. To date, the company has shipped more than one million DSL chipsets, representing a significant share of this emerging market, to a customer base of more than 100 DSL equipment manufacturers.
GlobeSpan, Inc. is based at 100 Schulz Drive, Red Bank, New Jersey 07701 and can be reached at +1-732-345-7500. The company's web site is www.globespan.net. GlobeSpan and Titanium are trademarks of GlobeSpan, Inc.
This press release contains forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, and is subject to the safe harbors created by this section. These forward-looking statements concern, among other things, the future market for DSL chip sets. The matters discussed in this news release involve risks and uncertainties described from time to time in the company's filings with the Securities and Exchange Commission, particularly in the Risk Factors section relating to the rapid changes in the DSL market, competition and limited protection of the company's intellectual property set forth in the final prospectus for the company's initial public offering, dated June 23, 1999, as well as the company's most recent Quarterly Report on Form 10-Q. The company assumes no obligation to update the forward-looking information contained in this press release.
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Contact:
Press Contact:
GlobeSpan, Inc., Red Bank
John Tweedy
732/345-6086
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