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Non-Tech : Amati investors
AMTX 2.055-1.4%Nov 4 3:59 PM EST

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To: Walt Deemer who wrote (31263)3/1/2000 3:01:00 PM
From: Chemsync  Read Replies (1) of 31386
 
Texas Instruments First-Quarter ADSL Shipments Up 5x From Fourth Quarter 1999; Shipments of 1 Million Ports Expected Through June
Wednesday March 1, 6:59 am Eastern Time
Company Press Release
SOURCE: Texas Instruments Incorporated

DALLAS, March 1 /PRNewswire/ -- Texas Instruments (NYSE: TXN - news; TI) will today announce to audiences at the company's two-day annual conference for financial analysts and investors that it will ship 300,000 asymmetric digital subscriber line (ADSL) modem ports in the first quarter of this year, a 5x increase from the fourth quarter of 1999. ADSL is a high-speed access technology that allows homes to have an always-on and dedicated connection to the Internet. Through June 2000, the company expects to ship 1 million modem ports. These solutions, built on TI's world-leading programmable digital signal processors (DSPs), analog and software technologies, will be used by key central office and customer premises equipment manufacturers to deliver the most flexible and interoperable ADSL solutions in the industry. For more information on TI's ADSL technology, see ti.com.
``TI is gaining significant market momentum this year, and is well positioned going forward as the global market for DSL continues to ramp up,' said Shannon Pleasant, Senior Analyst for In-Stat.

The proliferation of ADSL is in its early stages. TI expects the industry will ship a total of 8 million ADSL ports in 2000, with that number growing to 60 million in 2003.

Enabling rapid ADSL deployment to consumers and businesses worldwide, TI is currently engaged with major telecommunications, personal computer and modem manufacturers who are working with the world's leading ADSL local exchange carriers. A few examples include relationships with Hyundai, IBM and Siemens.

``As a major ADSL system supplier to Korea Telecom, Korea's leading service provider, Hyundai, has developed TI-based SpeedXess modems in both our central office ADSL equipment and CPE modems,' said Dr. SeungChul Park, general manager for Information and Telecommunications at Hyundai. ``With TI's chipsets at the core of our solution, Hyundai will assist Korea Telecom to deploy 1 million lines by the end of 2000.'

IBM also integrates TI's chipsets in their ADSL-enabled desk-top PCs that are used in a variety of deployment scenarios including the recently announced promotion between IBM and SBC Communications, Inc. to offer ready-to-use high speed Internet access to the 10 million customers in SBC's service territory.

``As a major telecommunications equipment vendor, Siemens manufactures central office equipment based on TI's programmable, multi-line ADSL chipsets for service providers including Deutsche Telekom and Tele Danmark,' said Albrecht Baur, president of Siemens ICN Broadband Access Division.

TI is currently engaged with several other manufacturers to provide advanced DSL solutions and plans to announce additional industry-leading customers throughout the year. Additional publicly announced customers today include Allied Data, Ambit Microsystems Corporation, Askey Computer Corporation, Boca Research, CIS Technologies, Ericsson, Efficient Networks, GVC, Legend Computer, NEC, Paradyne, Pulsecom and Samsung. With approximately 90 percent of voice over DSL (VoDSL) vendors using TI's DSPs in their products, TI is also the leading silicon solutions provider for VoDSL. Industry leaders such as Accelerated Networks, CopperCom, Efficient Networks, Flowpoint and JetStream Communications are among TI's current VoDSL customers.

Utilizing TI's fully-programmable TMS320C6000 DSP core technology, TI ADSL chipsets offer customers the flexibility to implement any version of ADSL, from G.lite to splittlerless full-rate ADSL. TI's fully-interoperable ADSL solutions build on the company's five chipset generations to deliver a complete portfolio of hardware and software solutions for both ends of the wire. TI also provides unparalleled density in the central office since it is the only silicon solutions vendor with a four-port central office chipset in full production today.

``2000 will be a breakout year for TI in the ADSL market,' said George Barber, TI vice president and general manager for TI's Broadband Access Group. ``Our business will transition from technology development into volume production for some of the best companies in the world. As explosive Internet usage converges with widespread broadband access, it will create one of the most exciting programmable DSP opportunities since the cell phone.'

Safe Harbor Statement: Statements contained in this press release regarding product shipments, customer engagements, growth in the broadband market and other statements of management's beliefs, goals and expectations may be considered ``forward-looking statements' as that term is defined in the Private Securities Litigation Reform Act of 1995, and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. Expectations of product shipments are based on orders received and forecasted by TI. Expectations of customer engagements are based on ongoing negotiations. Expectations of growth in the broadband market are based on market modeling combined with TI's experience in the remote access market. Please refer to TI's most recent Form 10-K for more information on the risks and uncertainties that could materially affect future results of operations. We disclaim any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this press release.

Texas Instruments Incorporated is a global semiconductor company and the world's leading designer and supplier of, digital signal processing and analog technologies, the engines driving and digitalization of electronics. Headquartered in Dallas, Texas, the company's business also include materials and controls, educational and productivity solutions, and digital imaging. The company has manufacturing or sales operations in more than 25 countries.

Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at ti.com

SOURCE: Texas Instruments Incorporated
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