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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%3:59 PM EST

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To: Barry Grossman who wrote (45951)1/18/1998 4:12:00 PM
From: Ibexx  Read Replies (1) of 186894
 
Barry and thread,

From Bloomberg News:
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Technology News
Sun, 18 Jan 1998, 4:03pm EST

BN 1/17 Intel to Unveil QuickWeb Product to Speed Internet Surfing
Intel to Unveil QuickWeb Product to Speed Internet Surfing


Santa Clara, California, Jan. 17 (Bloomberg) - Intel Corp. said it will introduce on Monday software to help Internet service providers eliminate some of the delays that plague users of the worldwide computer network.

Intel will sell Quick Web for an undisclosed price to Internet service providers, which connect users to the World Wide Web. Intel said it is negotiating with the 30 largest Internet service providers and already has signed up three.

Quick Web is Intel's latest product to try to boost usage of the Internet, which could mean more sales of personal computers that use Intel chips. The world's largest maker of microprocessors for personal computers also makes a digital camera that lets people make video phone calls and send still images over the Web.

Internet service provider Netcom On-line Communication Services Inc. agreed to introduce the product Feb. 1 after about 700 of its users helped test it, Intel said. ''Our customers have told us that speed is one of the most important attributes, and Quick Web gave them a great improvement,'' said Scott Wills, Netcom's senior vice president
for new business ventures.

Users will pay a premium for the service, probably $5 a month, and Intel and the online service provider both will get a percentage of that. Users will have to change one setting on their browsers to benefit from the new technology.

Santa Clara, California-based Intel's Quick Web cuts Internet waiting by compressing graphics so they flow through phone lines faster and by storing images at Internet service providers so that later requests for the same graphics can be processed locally.--Greg Chang in the San Francisco newsroom (415) 912-2980/jac


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I have my five bucks ready.

Ibexx



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