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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology

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Mar 20 5:00 PM EST

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To: Jon Stept who wrote (8239)	10/29/1999 1:37:00 PM
From: chris431	Read Replies (1) of 18366

Intel & Flash This is an excerpt from a 10/28/99 article titled "Intel Developing New Integrated Chip" that can be viewed in full at zdnet.com Barrett: Embedded, flash taking off The company intends to see growth in communications and networking as well as applied computing (otherwise known as the embedded market) and flash memory, said Craig Barrett, Intel's president and CEO. '... We see little to no Y2K impact on our business. We also see no significant impact from the Taiwan quake.' -- Sean Maloney, Intel senior VP "We have a strong manufacturing and technology position (in flash)," he said. "We expect this business to grow very rapidly." Flash memory, which stores data in memory chips, is used in a range of devices. It has taken off of late, due to its use in cellular phones. While Intel has been producing flash memory for some time, it also intends to grow into new markets. Intel recently announced IXA, or Intel Exchange Architecture, which it says will provide building blocks to develop network products, including devices such as routers or dedicated server appliance devices for secure socket layer acceleration or load balancing. Intel will continue to make acquisitions to help build its product line here, Barrett said. Its investment strategy will continue to grow as well, with added emphasis on international companies.

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