No mention of Aware, but...
TUSTIN, Calif.--(BUSINESS WIRE)--May 15, 1998--PairGain
Technologies Inc. (NASDAQ:PAIR) 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. |
