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Technology Stocks : PairGain Technologies

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To: Epics who wrote (23519)5/15/1998 12:57:00 PM
From: ENOTS  Read Replies (1) of 36349
 
pair....
xDSL Market Leader Recognized as Visionary for Development of ADSL
Chip

TUSTIN, Calif.--(BUSINESS WIRE)--May 15, 1998--PairGain Technologies Inc. (Nasdaq:PAIR
- news) Friday announced that it has received an Innovation Award from the Southern California
chapter of the American Electronics Association (AEA).

Each year the AEA recognizes companies for the development of ingenious products and
technologies. PairGain was nominated and awarded the honor for the development of Falcon, a
single-chip ADSL (Asymmetric Digital Subscriber Line) processor that enables the transfer of data,
video and voice communications at speeds of over 8 megabits per second over ordinary copper
telephone lines. ADSL is being used today by telephone companies to deliver high-speed Internet
access and other advanced services to homes and businesses.

PairGain was announced as the winner on Thursday, May 14, at the 5th Annual AEA Innovation
Awards ceremony in Orange County, Calif. More than 250 representatives from technology
companies in Orange County attended the event.

''We are honored that PairGain was selected from such a prestigious list of nominees from numerous
technology companies,'' said Ben Itri, PairGain's chief technical officer and co-founder. ''The
engineering team that developed the Falcon ADSL solution brought an incredible amount of
expertise to this project, and we are pleased that they received this well-deserved recognition.''

The Falcon chip is the telecommunications industry's first single-chip DMT ADSL processor. ADSL
enables the transfer of data at high speeds over ordinary copper telephone lines. These rates are
more than 100 times faster than today's prevalent 56 kbps modems and more than 50 times faster
than ISDN.

The Falcon single-chip solution supports the industry standard for ADSL and will support ADSL
''lite,'' a new version of ADSL that will simplify modem deployment and make ADSL modems as
easy to install as regular modems, thus making wide scale ADSL deployment feasible and cost
effective.

Recently, PairGain and Rockwell Semiconductor Systems (RSS), another Orange County-based
company, entered into an exclusive agreement whereby Rockwell will license PairGain's Falcon
ADSL technology. RSS, the consumer modem chipset market leader, will offer the Falcon chip to
retail modem manufacturers and PC OEMs, with PairGain integrating its Falcon technology into a
line of telephone company central office solutions and high-end modems geared towards the
business user.

About PairGain Technologies

PairGain Technologies is the market leader in the design, manufacture and marketing of advanced
xDSL communications systems. PairGain's products allow network service providers and
organizations with private networks to rapidly deploy high-speed data, video and voice services to
end users over the existing infrastructure of copper telephone lines.

PairGain's HiGain, PG-Plus, PG-Flex, Megabit Access and campus area network products are
marketed under the trademark CopperOptics(R), indicating their ability to provide fiber optic quality
transmission over the ''last mile'' in both public and private networks worldwide.

Except for the historical information contained herein, the matters discussed in this announcement are
forward-looking statements which involve risks and uncertainties, including but not limited to
economic, competitive, governmental and technological factors affecting the company's operations,
markets, products, services and prices and other factors discussed in the company's filings with the
Securities and Exchange Commission.

Contact:

PairGain Technologies Inc., Tustin
Kim Gower, 714/730-2330

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Pairgain Technologies Inc (Nasdaq:PAIR - news)
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