It looks like we are going into the wireless business with Rockwell. - peggylynn
Cronos Announces Wireless Communications Development Relationship with Rockwell
Research Triangle Park, NC, June 19, 2000 -Cronos Integrated Microsystems, a business unit of JDS Uniphase Corporation, today announced it has entered into a licensing agreement with Rockwell, which provides Cronos with an exclusive worldwide license to a select set of Rockwell patents for the manufacture and sale of high-speed switches for wireless applications. Both companies believe the alliance can further expedite the introduction of MEMS technology into the wireless communications market, allowing for the introduction of additional features and further reduction in size of cellular phones and other wireless devices.
"We chose to work with Cronos because they are experts in productization and are a leader in the industry at transitioning MEMS products into the marketplace," said Derek Cheung, Rockwell's Vice President for Research and Director of the Science Center. "Our research and development combined with Cronos' fabrication capabilities and market access makes for a perfect fit. This relationship can allow us to develop a commercialization pathway for MEMS technology that will reduce costs while driving down the component size of our customer's wireless devices."
"We believe that our technology can translate well into wireless communications," said Robert Bratter, President and CEO of Cronos. "While our development efforts have been overwhelmingly focused on fiberoptic communications devices, we are also working to ensure that we remain on the leading edge of MEMS communications applications. We believe that ultimately MEMS can have as much impact on wireless communications as on fiberoptic communications markets. We expect our relationship with Rockwell to play a significant role in allowing us to deploy MEMS from the very core of the optical communications network, through the last mile, right into the hands of the consumer."
"Cronos' MEMS fabrication process can have the potential to address many of the problems associated with current generation wireless components, including insertion loss, RF isolation and high power consumption," said Alan Morrison, Wireless Market Analyst, Strategies Unlimited. "A reliable, reproducible MEMS wireless solution could mean lower cost, higher performance, board space savings and shorter product design cycles for wireless systems engineers."
The Rockwell Science Center is a leader in cutting edge technologies in electronics, imaging and optics, material and computational sciences, and information technology. Its broad range of initiatives includes research, development of high-technology products and prototypes, as well as licensing and commercialization of select technologies. The Science Center employs 420 people, including 160 Ph.D's, and maintains partnerships with over 200 universities, national laboratories, and research organizations of other companies to provide fast, efficient access to leading edge technologies worldwide.
Rockwell is a $7 billion electronic controls and communications company with global leadership positions in industrial automation, avionics and communications, and electronic commerce. The company employs approximately 40,000 people at more than 450 locations serving customers in more than 80 countries.
Cronos Integrated Microsystems is a leading provider of MEMS components and component technology to the fiber optic and wireless communications market. Cronos has created a standardized manufacturing platform for MEMS processing and components consisting of simple building blocks that comprise an application-specific approach to MEMS. This approach further streamlines MEMS integration into optical and wireless communications products significantly reducing time to market for component and system manufacturers. More information regarding Cronos Integrated Microsystems can be found at www.memsrus.com.
JDS Uniphase is a high technology company that designs, develops, manufactures and distributes a comprehensive range of products for the growing fiberoptic communications market. These products are deployed by system manufacturers worldwide to develop advanced optical networks for the telecommunications and cable television industries. JDS Uniphase Corporation is traded on the Nasdaq National Market under the symbol JDSU, and the exchangeable shares of JDS Uniphase Canada Ltd. are traded on The Toronto Stock Exchange under the symbol JDU. More information on JDS Uniphase is available at www.jdsunph.com.
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These statements may be identified by their use of forward-looking terminology such as "will," "intends," "believes," "expects" and similar words. Such forward-looking statements include, but are not limited to, (a) any statement or implication regarding the feasibility and commercial viability of MEMS products for wireless communications applications, and the benefits or success of the Cronos/Rockwell relationship, and (b) the statements regarding the Cronos/Rockwell relationship's ability to expedite the introduction of MEMS technology into the wireless communications market, reduce costs and component sizes and shorten product design cycles, the belief that Cronos' technology can translate well into wireless communications, and the belief that MEMS can have as much impact in wireless as in optics in the communications market. Such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected. Risks and uncertainties that could cause actual results to differ materially from such forward-looking statements include, but are not limited to, factors discussed from time to time in reports filed by JDS Uniphase Corporation with the Securities and Exchange Commission. The forward-looking statements contained in this news release are made as of the date hereof and JDS Uniphase Corporation assumes no future obligation to update the reasons why actual results could differ materially from those projected.
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