continued
As of the last conference call, the Gigamux was under active evaluation by 51 evaluators. It has already been purchased by Texas
Utilities, a 7 billion company. It has already been purchased by MediaOne, the U.S. West spinoff. We believe the next conference call
will reveal a major deal with MediaOne, perhaps a national roll-out with the Gigamux as the standard. We also expect the number of
evaluators has increased to 70+. Many of these are CLECs. Many are RBOCs. Many are foreign telephone companies. The Belgium
telephone company has already purchased the Gigamux, as has a bank in Spain. Ultimate Gigamux sales will be on the order of 20-30
million dollar contracts.
That's just part of the company. We also have a wholly owned subsidiary called NetSilicon. It has developed the Net+Arm chip,
which enables any electrical device to be hooked directly to the Internet. A Coca-Cola machine, for example, could have a Net+Arm
chip so that its functioning, supply, temperature, etc. could be monitored and controlled from a central location. So could
electric-company home meters. Right now, NetSilicon already has design wins from top printer companies (Canon, Minolta, etc.) and
others. At the last conference call, the design wins totalled 30 or so (I'm doing this from memory). At the next conference call Dec.
3rd, we could see design wins anywhere from 60 to 100. The chip sells for 24 to 32 dollars in quantities of 10,000. You can do the
math. How many printers will Minolta sell in a year? How many industrial control systems will Schneider (another NetSilicon
customer) utilize in manufacturing?
Sometime next spring, NetSilicon will be IPO'ed. We don't know what percentage will be sold to the public, but those shares not sold
will be distributed to Osicom shareholders. Also, the Gigamux division will be similarly IPO'ed. Again, Osicom shareholders will
receive those shares not sold.
At that point, Osicom as a company will cease to exist. And Par, the CEO, will no longer be involved in the company. He will just be
a shareholder (a very significant shareholder). He is bowing out because he realizes the company cannot realize its full potential as long
as he is connected with it. No matter how untrue the Barron's allegations are, he will never be able to erase the stain. A courageous
move on his part.
So if you're interested in this company, go to the company's website. Read about the GigaMux, the Net+Arm, and other products.
Read about DWDN. Study the articles touting the Net+Arm and the Gigamux. And then just wait for the fireworks. They could start
next week.
Good luck to you.
Heels67
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