NetSilicon Provides Wireless Connectivity for NCR Electronic Shelf Label System
NetSilicon’s “Solution-on-Chip” Network-Enables Retail Pricing System
Waltham, MA, March 26, 2001 -- Further advancing the utility of wireless technologies, NetSilicon, Inc. (Nasdaq: NSIL), the leading provider of integrated hardware and software for intelligent, networked devices, today announced it has been selected by NCR Corporation (NYSE: NCR) to provide its NET+Works™ Ethernet connectivity platform for NCR’s DecisioNet™ wireless electronic shelf label system.
“DecisioNet is a stellar example of the power of networking technology in the retail market, and how companies like NCR can deliver new efficiencies to the marketplace,” said NetSilicon chairman and CEO Cornelius “Pete” Peterson. “The application of NET+Works to DecisioNet illustrates what we mean when we talk about intelligent connections: using chip-based embedded network connectivity to drive creative innovation in the retail and other industries.”
NetSilicon’s “solution-on-chip” serves as a wireless interface between POS terminals in-store, DecisioNet electronic pricing labels on retail shelves, and a local pricing database. The DecisioNet system is connected to the database via an Ethernet backbone. Once installed, the wireless interface allows DecisioNet labels to be positioned anywhere inside a host store or facility with no wiring limitations. DecisioNet eliminates discrepancies between pricing on the shelf and at the checkout, while providing promotional data at the point of purchase and reducing labor associated with price changes.
Among NCR’s DecisioNet customers are K-VA-T Foods, the U.S. Defense Commissary Agency, Rainbow Foods, and Binghamton Giant.
“For wireless networks to play a major and pervasive role in the way information is communicated, a simple, reliable network interface such as NET+Works is needed, which is why we selected NetSilicon,” said Jeff Rollins, general manager, DecisioNet for NCR. “In addition to providing the vital wireless bridge between Ethernet and appliance, the completeness of the NetSilicon solution has allowed our design engineers to focus on product design rather than network integration.”
NetSilicon’s NET+Works provides NCR with complete Ethernet connectivity, comprised of tightly coupled processing hardware and networking software, real-time operating system, network protocols and services, application programming interfaces (APIs), drivers, development tools and utilities--fully supported and royalty-free. By elevating the traditional hardware-only system-on-silicon approach to a fully integrated "solution-on-chip," NetSilicon was able to give NCR an out-of-box solution to reduce development costs, increase focus on product design and meet time-to-market demands.
About NCR Corporation
NCR Corporation (NYSE: NCR) is a leader in providing Relationship Technology™ solutions to customers worldwide in the retail, financial, communications, manufacturing, travel and transportation, and insurance markets. NCR’s Relationship Technology solutions include privacy-enabled TeradataÒ warehouses and customer relationship management (CRM) applications, store automation and automated teller machines (ATMs). The company’s business solutions are built on the foundation of its long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 32,900 in more than 100 countries, and is a component stock of the Standard & Poor’s 500 Index. More information about NCR and its solutions may be found at ncr.com.
About NetSilicon
NetSilicon (Nasdaq:NSIL) designs and manufactures integrated solutions for manufacturers who want to build intelligence and Internet/Ethernet connectivity into their products. These solutions integrate system-on-silicon and software to provide a complete platform for Internet/Ethernet-connected products. The NET+Works platform allows manufacturers to shorten their time to market, reduce development risk, lower costs, and free their engineers from the difficult task of integrating multi-vendor networking components. NetSilicon is enabling device intelligence and connectivity in a broad range of industries including office imaging, industrial automation, telecommunications, building controls, security and point of sale. NetSilicon’s solutions are paving the way for the device-centric networks of tomorrow.
For additional company, product or financial information, please visit the NetSilicon Web site, netsilicon.com, send email to info@NetSilicon.com, or call 800-243-2333. For calls originating outside the US, call 781-647-1234. NetSilicon headquarters is located at 411 Waverley Oaks Road #227, Waltham, MA 02452.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties. The forward-looking statements in this release concerning NetSilicon’s product’s ability to provide network connectivity and local intelligence are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to develop, produce, and market products that incorporate new technology on a timely basis, that are priced competitively and achieve significant market acceptance; higher expenses associated with the development and marketing of new products; changes in product mix; risks of dependence on third-party component suppliers; inventory risks due to shifts in market demand; the presence of competitors with broader product lines and greater financial resources; intellectual property rights and litigation; needs for liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission.
NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. NetSilicon and NET+Works are trademarks of NetSilicon, Inc. All other trademarks are the property of their respective owners.
Contacts:
Steve Barnes
Public Relations Manager
NetSilicon, Inc.
sbarnes@netsilicon.com
781.398.4598
netsilicon.com
Rick, If Joe read the IBM release carefully, he would of noted that IBM referred to maintaining "other" relationships with TLS. My concern with the release was that it specifically mentions 4690 support. After my posting, I spoke to David on that matter and he gave me the same scoop as that contained in Joe's group e-mail. nf |
