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Technology Stocks : Moderated Lucent
LU 2.670-0.2%Jan 26 3:59 PM EST

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To: KevRupert who started this subject9/7/2000 7:25:41 AM
From: KevRupert   of 82
 
PacketVideo Collaboration:


Lucent Technologies and PacketVideo Collaborate to Optimize
Multimedia Features On Next-Generation Wireless Devices

ALLENTOWN, Pa. & SAN DIEGO, Sep 7, 2000 (BUSINESS WIRE) -- Lucent Technologies (NYSE: LU chart, msgs)

Microelectronics Group, the world leader in communications semiconductors, and PacketVideo Corporation, the global leader in wireless media, today announced a collaborative development agreement to optimize multimedia solutions on next-generation mobile devices.

Under the agreement, the two companies will optimize PacketVideo's wireless media software solution for higher performance and lower power consumption on Lucent's General Packet Radio Service (GPRS) and Universal Mobile Telecommunications Services (UMTS)/Enhanced Data for Global Evolution chipset solutions, including the StarCore(a) SC100 next-generation digital signal processor (DSP)-based platform. GPRS, EDGE and UMTS are packet-based wireless standards that enable "always on" connections for wireless devices and much faster Internet data transmission speeds than are available on today's second generation (2G) wireless devices.

"The capabilities of mobile devices are rapidly expanding, and access to the Internet and other rich media are becoming key requirements," said Denis Regimbal, general manager of the wireless semiconductor business unit within Lucent's
Microelectronics Group. "Entertainment, such as viewing movie previews, and time-saving functions, such as calling up local traffic reports, are emerging as exciting potential applications for wireless terminals. After evaluating multiple solutions for wireless multimedia, we concluded that PacketVideo's leadership in wireless media technologies will help enable us to set the benchmark for next-generation multimedia applications."
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