Here is the news:
( BW)(INTEL/BROADBAND) Intel and BroadBand Technologies to join
efforts to enable high-speed Internet access over future telephone
networks: Efforts will address Internet bandwidth bottleneck; Provide
new capabilities and faster access speeds for World Wide Web surfing
Business Editors
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)-- May 13, 1996 --
Intel Corporation and BroadBand Technologies, Inc., today announced a
joint effort enabling telephone companies to deliver Internet access
to computer users via high-speed residential fiber to the curb (FTTC)
connections. The companies will work together to develop technology
that allows PCs to access the Internet and the World Wide Web at
significantly accelerated speeds compared with standard telephone
modems.
The companies will develop technology for PC interface cards that
will support two way Internet and World Wide Web access, at speeds
greater than 1,000 times of today's high-speed home PC telephone
modems. Under the agreement, Intel will design and develop hardware
and software technology to enable home PCs to use new fiber to the
curb networks which are now being tested by phone companies for
accessing the Internet and other online services. Intel will license
this technology to BroadBand Technologies, who intends to offer PC
interface cards along with its Fiber Loop Access (FLX ) System.
"Fiber to the curb along with other broadband network options
such as ISDN and xDSL will prove to be very important to the future
of this market segment. We view high speed access to the PC as a key
facet for PC market segment growth," states Avram Miller, vice
president, Business Development at Intel. "Intel welcomes the chance
to work with BroadBand Technologies in delivering this technology."
"Personal computer customers are increasingly demanding
interactive information and entertainment services from their service
providers of choice. Our solution will enable telephone companies to
bundle these lucrative services from one phone jack in their
customers homes, delivering hundreds of channels of TV, electronic
commerce over the World Wide Web, personal videoconferencing and
access to their computer networks at work," Salim A. L. Bhatia,
president and chief executive officer of BroadBand Technologies said.
"BroadBand Technologies is committed to helping the phone companies
deliver an array of broadband services over their broadband networks.
The BroadBand-Intel effort is an important step toward this goal."
Products resulting from the joint development efforts are
expected to be available from BroadBand Technologies in 1997, during
the same time frame that phone companies are expected to begin mass
deployment of advanced broadband services based on their new switched
digital networks.
BroadBand Technologies Inc., based in Research Triangle Park,
N.C., was founded in 1988. Its mission is to deliver products and
services that enable network and service providers to offer consumers
robust, economical electronic access to advanced communication,
entertainment and information services. For more information on
BroadBand Technologies, please see the BroadBand Technologies home
page at bbt.com
Intel, the world's largest chip maker, is also a leading
manufacturer of personal computer, networking, and communications
products. For more information on Intel Corporation, please see the
Intel home page at intel.com.
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FLX is a registered trademark of BroadBand Technologies, Inc.
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CONTACT: Julie Price
BroadBand Technologies, Inc.
919-405-4816
price@bbt.com
or
Jack Varley
Copithorne & Bellows
617-252-0606
jackv@ca.cbpr.com
or
Christina Blackwell
Intel
503-264-7849
christina_blackwell@ccm.jf.Intel.com
KEYWORD: NORTH CAROLINA
INDUSTRY KEYWORD: COMED COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
REPEATS: New York 212-752-9600 or 800-221-2462; Boston 617-236-4266 or
800-225-2030; SF 415-986-4422 or 800-227-0845; LA 310-820-9473
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