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Technology Stocks : Amati - MAIN THREAD

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To: Andrew Won who wrote (443)6/27/1996 1:25:00 AM
From: james nowak   of 700
 
To All:

Dow Jones News Service -- June 26, 1996

Amati, NEC Corp. To Develop High-Speed Cable Systems

SAN JOSE, Calif. (Dow Jones)--Amati Communications Corp. (AMTX) agreed to work with NEC Corp. (NIPNY) to develop high-speed digital subscriber line technology.

Terms weren't disclosed.

In a press release, Amati said the technology is being developed to allow for high-speed transmission over fiber networks as they approach neighborhoods at distances of 6,000 feet or less. The company said the technology will enable telephone service providers to compete with cable TV companies in the multi-channel broadcast-video industry without having to build a new cable infrastructure.

Amati develops and provides network connectivity systems.

NEC Electronics manufactures and markets electronic products.
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