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Technology Stocks : Osicom(FIBR)

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To: Brian who wrote (9098)1/11/1999 11:12:00 AM
From: Joseph Hoane  Read Replies (1) of 10479
 
ELON news. It doubled this morning

Why post this? Please do your own due dilligence on the
NetSillicon division of Osicom (FIBR) at
osicom.com

Company Press Release (from ELON)

Cisco's John Chambers Discusses the Internet
Consumer Revolution at CES Using Demo Based on
Echelon's LONWORKS Technology

LAS VEGAS--(BUSINESS WIRE)--Jan. 8, 1999--Cisco Systems, Inc. President and CEO John Chambers discussed the
biggest business consumer story of the 90s, the Internet Revolution, at the 1999 International Consumer Electronics Show
(CES) in Las Vegas on Jan. 8.

In his keynote address, open to all CES attendees, Chambers talked about Cisco's role in extending Internet innovation from
business to the consumer market by demonstrating how consumer products and appliances can be remotely accessed over
the Internet using Echelon's LONWORKS control networks.

''The Internet really promises to connect everyone to everything,'' said John Chambers, president and CEO of Cisco
Systems, Inc. ''Eventually all data, voice and video services will be delivered over an open Internet network, changing
telecommunications forever. Like the Industrial Revolution 200 years ago, the Internet will reshape the fortunes of companies,
countries and people. Companies such as Echelon are poised to help drive this change with Cisco and extend the power of
the Internet from business to the home, allowing people to access almost any consumer device anytime, anywhere.''

The Cisco demonstration shows how a common browser can be used to interact with a number of off-the-shelf
LONWORKS enabled devices via the Internet. The control network allows common devices such as a wall switch, a wall
dimmer, and a load controller from Leviton Manufacturing; a multi-function sensor with integrated motion, temperature, and
light in a single device from Hubbell Inc [NYSE:HUBa - news].; and an automated window blind from Somfy to
communicate with one another over two kinds of media -- a common twisted pair network cable, and the existing home
power mains wiring.

The intelligent devices are able to communicate with one another based on an action, e.g., the motion sensor can tell the lights
to turn on when it detects presence. By connecting the control network to the Internet, it is possible to monitor the presence
of someone in the room, determine whether the house is too warm or too cold, or turn on the light to mimic the presence of
someone at home, all from the comfort of your Web browser from anywhere in the world.''

CES attendees can also see another demonstration of Echelon's LONWORKS control system and Internet connectivity in
home automation applications by visiting the company's booth (No. 6551), located in David Coursey's Digital Living Room
Pavilion on the main showroom floor.

Booth visitors can remotely access devices over the Internet in Echelon's Palo Alto living room location to perform functions
such as turning lights on and off, or raising and lowering a window blind. In addition, booth visitors can see products from
different manufacturers that can be used to create integrated home systems.

''This year's CES is the perfect opportunity for Echelon to showcase how the LONWORKS system provides consumers
with the power to control their home devices over a network. Echelon is known for networking intelligent devices in homes,
buildings, factories, trains, and other environments. By linking the Internet to control networks, people and businesses gain
access to information that was previously unobtainable,'' said Ken Oshman, president and CEO of Echelon Corporation.

''Imagine a world where you can use an Internet browser to set the temperature in your home before you leave the office; or
receive an e-mail message notifying you that your children arrived home from school; or deactivate your security system to
allow a workman access to your home.''

About Cisco Systems

Cisco Systems, Inc. (Nasdaq:CSCO - news) is the worldwide leader in networking for the Internet. News and information
are available at cisco.com.

About Echelon Corp.

Echelon Corporation (Nasdaq:ELON - news) is the developer of LONWORKS networks, recognized internationally as a
standard for interoperable control networks. With thousands of application developers and millions of devices installed
worldwide, the LONWORKS system is a leading open, networked control solution for building and home automation,
industrial, transportation, and public utility applications. Echelon offers a full range of off-the-shelf hardware and software
products to support the development, installation and management of intelligent, open and interoperable control networks.
Echelon is based in Palo Alto, Calif. with international offices in China, France, Germany, Japan, Korea, The Netherlands
and the United Kingdom. News and information are available at echelon.com.

Note to Editors: Echelon, LONWORKS, and the Echelon logo are registered trademarks of Echelon Corporation registered
in the U.S. and other countries.

This press release may contain statements relating to future plans, events or performance. Such statements may involve risks
and uncertainties, including risks associated with uncertainties pertaining to the timing and level of customer orders, demand
for products and services, development of markets for the Company's products and services and other risks identified in the
Company's SEC filings. Actual results, events and performance may differ materially. Readers are cautioned not to place
undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no
obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect
events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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