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Technology Stocks : NETsilicon NSIL (ipo)

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To: Brian who wrote ()6/1/2000 2:19:00 PM
From: steve worthington   of 161
 
NETsilicon Joins Embedded Linux Consortium;
Company Among Industry LeadersPromoting
Linux for Embedded Systems

ragingbull.com

NETsilicon Joins Embedded Linux Consortium;
Company Among Industry LeadersPromoting
Linux for Embedded Systems
Thu Jun 01 08:22:00 EDT 2000



WALTHAM, Mass., Jun 1, 2000 (BUSINESS WIRE) -- As part of its ongoing effort to
take a leading role in promoting the Linux operating system throughout the
embedded, applied and appliance computing markets, NETsilicon Inc. (Nasdaq:
NSIL), a premier provider of network-enabled, system-on-chip solutions for
embedded systems, today announced that it has become a member of the Embedded
Linux Consortium (ELC). As an early advocate for the group, and now as a member,
NETsilicon is working with the ELC to help drive and accelerate the acceptance
of Linux in embedded systems.

"We can all see there is plenty of room for Linux to grow in the embedded
market, and NETsilicon intends to be among the leaders of that charge," said
Pete Peterson, NETsilicon's president and chief executive officer. "In helping
each other promote Linux in unison, we're all helping our clients realize the
advantages of a system that allows them to reduce their time-to-market and bring
down their development and runtime costs," he added, noting that: "Embedded
Linux is an important part of NETsilicon's effort to accelerate the integration
of these electronic devices into enterprise networks, particularly in the form
of our integrated NET+Lx product, which integrates embedded hardware and
networking software in a Linux environment."

Murry Shohat, executive director of the new consortium, said, "The consortium's
mission is to speed the adoption of Linux in embedded markets through our
membership, promotion and implementation programs. We are striving to educate
the market about Linux's reliability, modularity, scalability and low cost."
Shohat added, "The consortium looks to our dynamic, proactive members, such as
NETsilicon, to help set the agenda, articulate our vision and take the
initiative in broadening the appeal and implementability of embedded Linux."

The Embedded Linux Consortium was formed in early March as a vendor-neutral
platform and forum for embedded vendors and engineers working together for a
common goal: the rapid and sustained advancement of embedded Linux. By
encouraging membership among both vendors and developers, the ELC aspires to
have an immediate impact as an embedded Linux advocacy group. Currently, the ELC
has 81 members. For more information on ELC, please visit their Web site at
www.embedded-linux.org.

About NETsilicon

NETsilicon, Inc. (Nasdaq: NSIL) is a leading provider of integrated
system-on-silicon and software solutions used by device manufacturers to add
Internet and Ethernet connectivity to their products. Once network-enabled,
these devices can be managed, accessed and serviced from anywhere. NETsilicon's
highly integrated solutions help manufacturers reduce time-to-market, lower
their costs, and free their engineers from the difficult task of integrating
multi-vendor networking components. NETsilicon embedded networking solutions are
used in a wide array of networked devices including digital office equipment;
medical data collection and patient monitoring units; vending machines; factory
automation and process control equipment; power supply monitors; building access
control and security systems; exercise equipment; point-of-sale terminals;
Internet cameras and telephones; and vehicle diagnostic tools.

For additional company, product or financial information, please visit the
NETsilicon Web site, www.netsilicon.com, send email to info@netsilicon.com, or
call 800-243-2333. For calls originating outside the US, call 781-647-1234.
NETsilicon headquarters is located at 411 Waverley Oaks Road #227, Waltham, MA
02452.

Except for the historical information contained herein, the matters discussed in
this news release are forward-looking statements that involve risks and
uncertainties. The forward-looking statements in this release are made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. Actual results may differ materially due to a variety of factors,
including without limitation the company's ability to develop, produce, and
market products that incorporate new technology on a timely basis, that are
priced competitively and achieve significant market acceptance; higher expenses
associated with the development and marketing of new products; changes in
product mix; risks of dependence on third-party component suppliers; inventory
risks due to shifts in market demand; the presence of competitors with broader
product lines and greater financial resources; intellectual property rights and
litigation; needs for liquidity; and the other risks detailed from time to time
in the company's reports filed with the Securities and Exchange Commission.

NETsilicon and NET+Lx are trademarks of NETsilicon, Inc. Linux is a registered
trademark of Linus Torvalds. All trademarks are the property of their respective
owners.

CONTACT: Boston Communications
Mario Fante
Brian Bennett
617-619-9805 and -9802
mfante@bcww.com
bbennett@bcww.com
or
NETsilicon, Inc.
Stephen Martin
Director of Marketing Communications
781-398-4548
smartin@netsilicon.com

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