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Technology Stocks : CRUS, good buy?
CRUS 123.58+1.8%Jan 13 3:59 PM EST

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To: Terrapin who wrote (5949)6/16/1998 10:00:00 AM
From: RWILL  Read Replies (1) of 8193
 
News i just received this am about CURS. Every little bit should help.

Teknema Enters Latin America Through Partnership With Telcel in Venezuela

PALO ALTO, Calif.--(BUSINESS WIRE)--June 16, 1998--Telcel of Venezuela has selected Teknema's Internet TV Set-Top Box to provide its consumers with Internet access on TV sets, Teknema announced today. Distribution of the Set-Top Box will be handled by Telcel through its 500 points of sale, while T-Net, the Internet division of Telcel and the largest Internet Service Provider in Venezuela, will provide the Internet access. Telcel, a Bell South company, is the largest cellular telephone service provider in Venezuela.

Designed for ease of use and affordability, the Teknema Internet TV Set-Top Box allows access to the Internet and the World Wide Web without the need for a PC by using a standard telephone line and a TV set.

"Internet on the television is the future of the Internet, especially in countries with low computer penetration," commented Luis Lajous, Director of Business Development of Teknema, Inc. "This marks Teknema's entry into the Latin American markets, and we are honored to do it in partnership with such a respected company as Telcel."

"We found that the Teknema Internet TV Set-Top Box offers the best combination of technology, performance and cost," said Mr. Jose M. Tost, General Manager of T-Net. "Teknema's flexibility and willingness to provide a customized product also convinced us that Teknema is the best partner for this service."

The Teknema Internet TV Set-Top Box hardware design includes an ARM 32-bit RISC multimedia processor from Cirrus Logic (NASDAQ:CRUS), built-in network interface, flicker-free TV interface, a standard printer port, and a wireless remote control and keyboard.

Teknema sells its products worldwide through a network of qualified resellers and OEMs. For information on Teknema's products and programs, visit the company's Web site at www.teknema.com, call +1-650-855-0500 or send email to sales@teknema.com.

CONTACT:

Teknema

Luis Lajous, 650/855-0505

(Director of Business Development)

luis@teknema.com
Good investing to all
RGW.
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