NEWS 2:
Wednesday September 4 9:14 AM EDT
Amati Moves to Larger Facility
Consolidates Operations Into One Building
SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 4, 1996-- Amati Communications Corp announced it has moved to a new 40,000-square-foot facility in San Jose, Calif., allowing the company to accommodate its recent growth and to consolidate engineering and manufacturing in a single facility.
The move comes less than a year after Amati merged with ICOT, a provider of network connectivity systems for the internetworking and OEM markets. The new company, combining the LAN technologies of ICOT and the ADSL expertise of Amati, has increased personnel by more than 40 percent since the November merger.
Previously, Amati occupied offices in Mountain View, Calif., while ICOT headquarters were in San Jose.
"This move is another step in demonstrating our growth from an organization primarily focused on research and development to a complete manufacturing supplier," said Jim Steenburgen, president and CEO of Amati.
In addition to increases in operations floor space and increased office space for research, the new building has a number of state-of-the-art features for multimedia presentations and customer training.
The new address for Amati Communications is 2043 Samaritan Drive, San Jose, CA, 95124; telephone 408/879-2000; fax 408/879-2900
Amati is a leading developer of advanced transmission equipment utilizing DMT technology for the ADSL, Very High-Speed Digital Subscriber Line (VDSL) and cable modem markets. Amati is the holder of the ADSL/DMT patents and has licensed the technology to companies such as Nortel, Motorola and NEC. The company is also a provider of network connectivity systems for the internetworking and OEM marketplaces. Amati can be reached on the World Wide Web at: amati.com.
Note to Editors: Statements made in this press release which are not historical, including statements regarding product demonstration, product capabilities and markets, are forward looking statements and as such are subject to a number of risks. Please see the Company*s prospectus/proxy statement dated Oct. 16, 1995 and other reports filed pursuant to the Securities Exchange Act of 1934 for additional disclosure regarding such risk factors.
CONTACT: Amati Communications Benjamin W. (Tac) Berry, 408/879-2000 or Simon/McGarry Public Relations Carol Felton, 408/746-0911 cfelton@shandwick.com
************************************************* for what it's worth shrini |