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Non-Tech : Amati investors
AMTX 1.710+9.6%3:59 PM EST

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To: pat mudge who wrote (29553)12/2/1997 8:31:00 AM
From: Bob Smith  Read Replies (1) of 31386
 
[FYI - Siemens & Orkit Announcement]

Siemens and Orckit Combined Solution to Enable Telephone Companies To
Provide Interactive Multimedia Services Using Regular Telephone Lines

<<TEL AVIV, Israel, Dec. 2 /PRNewswire/ -- The Siemens Public
Communication Networks Group has signed a cooperation agreement with
Israel-based Orckit Communications Ltd. (Nasdaq: ORCTF - news) Together
the partners will integrate Orckit's VDSL (Very high bit-rate Digital
Subscriber Line) solution in a jointly developed broad-band product,
enabling telecom operators to provide even higher transmission speeds
over existing copper telephone lines. The Siemens broadband access
system is expected to include VDSL starting in 1998. Market researchers
at Siemens estimate that the market volume for VDSL will exceed 6
billion DM within the next five years.>> SNIP

Full Text: biz.yahoo.com

Happy Holidays to all..

Bob
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