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Non-Tech : Amati investors

AMTX 1.510

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3:59 PM EST

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To: salim salloum who wrote (5499)	11/11/1996 9:41:00 PM
From: John Morrison	of 31386

Thank you, -- a quote from the article -- "This agreement with NEC is important to Amati for several reasons," said Jim Steenbergen, president and CEO, Amati Communications. "First, it permits Amati to closely work with a major supplier in the integrated circuit (IC) and the telephone equipment markets. It further validates the Amati DMT technology as the best solution for the high-speed transmissions over copper wire. "And, it creates the potential for product revenues from VDSL based systems developed under the Agreement. We believe the VDSL market will prove to be even larger than the ADSL market and we anticipate initial shipment of products under the Agreement before the end of 1997." Amati and NEC will jointly develop the VDSL transceiver LSI using Amati's DMT technology and NEC's advanced silicon fabrication facility. NEC makes available to the joint effort the resources of one of the world's largest semiconductor producers. Amati will, as part of the agreement, also provide software development needed to implement the patented DMT technology using these new NEC IC's. businesswire.com

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