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Technology Stocks : Time Domain - The new Wireless Medium

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To: Andretti who started this subject11/1/2000 10:07:36 AM
From: Kent Rattey  Read Replies (1) of 185
 
Wednesday November 1, 7:04 am Eastern Time
Press Release
Time Domain Taps IBM's Silicon Germanium for Production of PulsON 200 Chipset
SiGe Process Optimizes PulsON Technology for Superior Performance
HUNTSVILLE, Ala.--(BUSINESS WIRE)--Nov. 1, 2000--Time Domain Corporation, the worldwide leader in the development of Ultra Wideband (UWB) wireless technology and the first company to reduce UWB technology to the chip level, today announced that IBM has been selected as the silicon germanium (SiGe) technology supplier for its second generation custom designed PulsON® 200 chipset. IBM's SiGe process can allow Time Domain to integrate its UWB technology into a chipset that can be sold to strategic partners and deployed in next generation wireless applications.

Time Domain has selected IBM to manufacture SiGe wafers for two key chip components, the Timer and the Correlator, that are part of the Time Domain PulsON 200 chipset.

``IBM was the first chip-maker to introduce a silicon germanium process technology,'' stated Steve Rowles, Vice President, Silicon Development. ``IBM's leading-edge SiGe manufacturing process offers the optimized performance and enhanced speeds required by our state-of-the-art PulsON technology.''

IBM has already successfully produced the first generation PulsON Timer and Correlator devices using its advanced SiGe process technology. Those chips have been incorporated in the PulsON Application Demonstrators, a proof-of-concept design that allows potential partners to evaluate PulsON technology for integration into their products.

Time Domain developed the PulsON chipset using the underlying architecture of its patented Time Modulated-Ultra Wideband (TM-UWB). PulsON fuses three wireless capabilities onto a single chipset: communications, radar and tracking and has the potential to deliver significant performance improvements to a large number of wireless devices. Using precisely timed pulses instead of traditional sine waves, PulsON sends millions of time-coded pulses across a wide swath of spectrum. Data is transmitted at very high speeds, covertly, and at low emitted power, while providing robust indoor performance and high bandwidth per user.

``Time Domain has joined a growing number of innovative communications companies whose products demand the versatile integration and performance capabilities of IBM's SiGe process,'' said Dr. Gary Patton, Director of Wireless Products for IBM Microelectronics. ``We look forward to supplying the advanced chip technology that will enable Time Domain to introduce the next-generation PulsON 200 chipset.''

The PulsON 200 chipset is expected to be available early 2001.

(c) 2000 Time Domain Corporation. PulsON is a registered trademark of Time Domain Corporation.
About Time Domain Corporation

Time Domain Corporation, the worldwide leader in the development of Ultra Wideband technology, has developed and patented the breakthrough wireless technology called PulsONO. This revolutionary technology fuses communications, radar and tracking capabilities into a PulsON chipset that delivers magnitudes of improvement in wireless performance and enables entirely new products and industries. PulsON is based on the architecture of Time Modulated-Ultra Wideband (TM-UWB), which was developed by Larry Fullerton, the company's founder. Time Domain is teaming with commercial and government partners to deploy the PulsON chipset, which will be integrated into their products. Time Domain holds the premier patent portfolio for TM-UWB technology, with more than 50 patents issued worldwide and an equal number pending. Time Domain, a privately-held corporation with 200 employees, is headquartered in Cummings Research Park in Huntsville, Alabama at 7057 Old Madison Pike. Time Domain also has offices in Washington, D.C., San Diego, CA and Orlando, FL. Further information is available on the Internet at www.timedomain.com.

This press release contains certain forward-looking statements about Time Domain and the capability of its technology that are intended to qualify for the safe-harbor from liability provided by the Private Securities Litigation Reform Act of 1995. There exist several material risks that the forward-looking statements contained in this release may not come true or may be delayed. Readers should view these forward-looking statements with caution and some of the more material risks that could affect these statements are: timely FCC regulatory approval to sell products in U.S. markets; the continuing need for significant working capital; the risks applicable to a development stage company, the possibility of unforeseen technological obstacles, the risks of managing growth (resource allocation, business focus and employee retention) and the possible effects of competition in the fast growing Ultra Wideband and wireless markets.

--------------------------------------------------------------------------------
Contact:

Time Domain Corp., Huntsville
Eileen A. Heaton, 256/922-9229
eileen.heaton@timedomain.com
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