Aware, Inc. Presents at The 16th Annual BancBoston
Robertson Stephens Technology Conference
12:15 p.m. Feb 24, 1999 Eastern
SAN FRANCISCO, Feb. 24 /PRNewswire/ -- Aware, Inc., a worldwide leader in
DSL (digital subscriber line) technology for high-speed Internet access, today
presented at BancBoston Robertson Stephens' Technology Conference in San
Francisco. The presentation by Aware CEO Michael Tzannes included an update on the
status of the DSL industry, a detailing of Aware's leadership position, and an overview
of the company's business model and financials.
Tzannes addressed the mass market opportunity for DSL, pointing to its enormous
potential to fulfill consumer desire for high-speed Internet access. DSL unlocks the
latent capability of existing telephone lines to transport high-speed data without
interrupting regular telephone service _ enabling an always-on data service, without
busy signals or the need for a second phone line. It is estimated that the number of
Internet users will grow from 110 million today to 478 million in the next six years.
And given a choice between a service from a cable company or a telephone company,
consumers chose the telephone company three times more frequently than the cable
company. More than 25 million homes in the US alone are expected to have access to
DSL service by the end of the year.
As the leading supplier of DSL technology, Aware has been first to market with full
rate DSL and DSL Lite solutions. Aware's DSL technology is designed in to more
chipsets and more central office and customer premise solutions -- including PCs --
than any other standard compliant technology. Aware's customers include Analog
Devices, 3Com, Lucent Microelectronics Group, Siemens Semiconductor, and
Siemens ICN.
Tzannes concluded by highlighting how Aware's mission and business model take
advantage of the enormous DSL market opportunity. Aware's mission is to propagate
its technology as widely as possible in the DSL industry. The company has an active
and strong presence at international standards bodies, and its DSL Lite technology was
a critical element to the newly determined ITU standard. Aware's business model is to
collect contract fees from customers during the development of chipsets and a royalty
from customers on each chipset sold. Every time a line in the central office is enabled
or a consumer purchases or upgrades a PC or modem embedded with its DSL
technology, Aware collects a royalty. Through this model, Aware expects to continue
to grow its profits as the DSL Internet access market grows.
For more information about Aware, Inc., visit our Web site at aware.com.
SOURCE Aware, Inc.
Copyright 1999, PR Newswire
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