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Technology Stocks : JMAR Technologies(JMAR)

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To: James Bowser who started this subject8/9/2000 10:08:29 AM
From: Dave Swanson   of 9695
 
MORE FIFO................
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Wednesday August 9, 9:30 am Eastern Time
Press Release
JMAR Introduces High-Speed, Lower-Power Semiconductor Memory Devices for Telecommunications Market
-- Company Offers its VeloSync(TM) FIFO Memory Chips for Immediate Sampling
SAN DIEGO--(BUSINESS WIRE)--Aug. 9, 2000-- -- Chips Believed to be Fastest of Their Kind on Market

JMAR Technologies, Inc. (Nasdaq NM: JMAR - news), announced today that it has entered the specialty semiconductor memory products market with its first in a planned series of higher-speed, lower-power-consuming, First-in, First-Out (FIFO) memory devices called VeloSync(TM).

JMAR said the chips, which are being produced by the Company's Irvine, California-based fabless semiconductor division, JMAR Semiconductor, Inc. (JSI), were developed specifically to satisfy the rapidly growing demand from the telecommunications and other industries for higher-speed data buffering, a key to improving the quality and speed at which transmitted data can be accessed by the recipient. JMAR said the products are currently being sampled by customers in North America and that it expects to begin shipping chips in production quantities in the fourth quarter of calendar 2000.

``FIFOs are intermediate memory units that temporarily store and regulate the passage of higher-speed electronic data sent from major transmission systems, such as the asynchronous transfer mode `backbones' that make up the information superhighway, to a broad range of slower-speed receiving units that include cellular telephones, personal computers, televisions, and routers feeding information to local area networks (LANs),'' explained JSI President Marvin W. Sepe. ``Their presence enables data to retain its integrity as it passes, as if through a funnel, from one end of the system to the other. Their performance directly influences the speed at which the end-user can access the data transmitted.''

``We've designed our newest proprietary semiconductor, our 9-bit VeloSync(TM) FIFO J72 Series, to be the best in its class on the market today,'' Sepe added. ``First and foremost, this product delivers a unique combination of speed and efficiency. It operates at benchmark clock speeds in excess of 133 megahertz, making it the fastest nine-bit configuration chip of its kind available today on the merchant semiconductor market. Even though it is powerful, however, our product is also highly efficient, featuring a nominal 3.3-volt input and low power dissipation that enables it to function within both industrial and commercial temperature operating ranges.''

``Additionally, our 9-bit VeloSync(TM) FIFO products are competitively priced and both pin- and function-compatible with FIFOs offered by the current market leaders,'' Sepe continued. ``And to help manufacturers control costs, we will also be making our FIFOs available in two 32-pin packaging options,'' he said.

``With the combination of speed, low power consumption, design compatibility and manufacturing economy we have combined in the VeloSync(TM), we believe we have delivered a product that stands head and shoulders above competing models,'' Sepe noted. ``It will offer a highly compelling choice to design engineers throughout the industry.''

Sepe indicated that the current VeloSync(TM) family will include six models of FIFOs in a variety of different configurations. He said that JMAR expects to introduce its next family of FIFO products, a higher-speed, wider design called the VeloSync Plus(TM) Series, later this year.

Commenting on the new FIFOs, JMAR Chairman and Chief Executive Officer John S. Martinez, Ph.D., pointed to the sales potential of this product in light of the critical function served by FIFOs in today's telecommunications-dominated world. ``In today's exploding data transmission market, FIFOs are everywhere. Although not nearly as well known to the general public as, for example, the central processing units that govern our computers and other devices, almost all transmitted data must pass through at least one, and often more, FIFOs before reaching the recipient,'' he said. ``As a result, these `gatekeepers' of transmitted information are becoming increasingly important to anyone who receives data through a cell phone, television, personal computer, and scores of other common products,'' he said.

``According to well regarded semiconductor industry market research, the merchant market for FIFOs was in excess of $300 million last year and is growing rapidly,'' Martinez noted. ``Within that broad segment, we've targeted a number of potential applications for our products. These include a wide variety of circuit bridges, hubs, routers and switches; wireless infrastructure systems; PABX, ATM and frame relays; test and measurement systems; imaging and data processing products; servers, display processors and data busses; multi-processors; digital signal applications, and more.

``With the introduction of these FIFO chips, JMAR has taken a giant step towards establishing JSI as a recognized leader in the development and supply of proprietary high-speed semiconductors for the telecommunications and data transmission industries.'' Martinez concluded, ``With its years of semiconductor design and processing experience, access to leading edge technologies, and a team of powerful strategic partners around the world, JMAR Semiconductor, Inc. (JSI) is today positioned to play a pivotal role in shaping the way video is seen, sound is heard, speech is recognized and data is moved in the future.''

JMAR Technologies Inc., a semiconductor industry-focused company, is a leading developer of proprietary advanced laser and X-ray light sources for high-value microelectronics manufacturing and metrology. It is also a ``fabless'' designer and provider of proprietary, high-performance semiconductor and technology services for the rapidly growing broadband telecommunications and other microelectronics markets. In addition, JMAR manufactures precision measurement, positioning and light-based manufacturing systems for the inspection and repair of semiconductors and continues to play an important role in adapting its precision semiconductor manufacturing technology to the fabrication of advanced biomedical and optical communications products.

The statements regarding JMAR's expectations for the successful development and introduction of new semiconductor products and future sales and potential business opportunities are forward-looking statements based on current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. These risks include the failure of future orders to materialize as expected, delays in shipment or cancellation of orders, failure of acceptance of new products, failure of advanced technology and new intellectual property to perform as predicted and the other risks detailed in the company's Form 8-K filed on Feb. 15, 2000, its 1999 Form 10-K and other reports filed with the SEC.

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Contact:

JMAR Technologies Inc.
Dennis E. Valentine, Chief Financial Officer
858/535-1706
jmar.com

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