[Amati News Flash]
This is a very weak piece of news. Will maybe Amati is begining to
care about is shareholders and trying to do something to support the
stock.
Subj: Amati Providing Modems in Two New GTE ADSL Trials Original GTE Microsoft Trial T
Date: 97-05-06 19:41:48 EDT
From: AOLNewsProfiles@aol.net
BACKGROUND: GTE launches two additional trials using Asymmetric Digital
Subscriber Line (ADSL) technology with Duke University, Purdue University.
GTE to add 1,000 Microsoft employees to high-speed Internet access trial in
Redmond, Wash.
SAN JOSE, Calif., May 6 /PRNewswire/ -- Amati Communications Corporation
(Nasdaq: AMTX) has released the following information as background on the GTE
ADSL trial announcement.
GTE (NYSE: GTE) announced today that it has launched two additional
high-speed Internet access trials using Asymmetric Digital Subscriber Line
(ADSL) technology involving Duke University, Durham, N.C. and Purdue
University, West Lafayette, Ind.
Collectively the two new trials involve 70 participants, including 30 at
Duke University and 40 at Purdue University. Both trials utilize ADSL/DMT
modems from Amati and one other vendor's ADSL modem.
GTE also announced that it will expand its high-speed Internet access and
remote office connectivity trial involving Microsoft Corp. by 1,000 employees,
making it the largest trial of its kind in the world. The new trial
participants will be added over the next several months. A decision as to
what equipment will be used to support the expanded Microsoft trial will be
made at a later date.
In the previously announced Redmond, Wash. trial begun last summer, more
than 100 area businesses plus 130 employees from Microsoft and GTE have been
using the lightning-fast ADSL systems for various applications including
access to the Internet and private data networks using Microsoft's Windows
NT-based servers. In addition, the trial has included high-speed modems from
Amati.
Amati Communications Corporation
Amati is a leading developer of advanced transmission equipment utilizing
DMT technology for the ADSL, Very High-Speed Digital Subscriber Line (VDSL)
and cable modem markets. Amati is the holder of the ADSL/DMT patents and has
licensed the technology to companies such as Nortel and Motorola. Amati is
also a provider of network connectivity systems for the internetworking and
OEM marketplaces. The company's connectivity products include local area
network gateways, client-based workstation software and network data
communications interfaces. For more information about Amati Communications,
see our website at amati.com.
Statements made in this press release which are not historical, including
statements regarding product demonstration, product capabilities, availability
and markets, are forward looking statements and as such are subject to a
number of risks. See the Company's Annual Report and Form 10-K for the 1996
fiscal year and other reports filed with the Securities and Exchange
Commission for additional disclosure regarding such factors.
SOURCE Amati Communications Corp.
CO: Amati Communications Corp.; G |
