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Technology Stocks : GlobeSpan

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To: Bruce Byall who wrote ()3/31/1999 5:49:00 PM
From: Bruce Byall  Read Replies (3) of 15
 
from GlobeSpan website: globespan.net

GlobeSpan Semiconductor Inc. is a pioneer and leading supplier of cost-effective,
power-efficient, transceiver chipsets for RADSL, ADSL, HDSL, MSDSL, and SDSL
telecommunications equipment. These high-speed digital subscriber line (DSL)
technologies enable data transmission at rates 150 times faster than today's V.90
modem technology over the same existing copper telephone lines.

GlobeSpan Semiconductor Inc. is a fabless semiconductor innovator, supplying over
100 customers, representing more than 80% of the ADSL market. GlobeSpan's
customers include leading manufacturers of voice and data communications equipment
around the world. These manufacturers rely on GlobeSpan's multiple line code
technologies (DMT-T1.413, G.LITE, CAP, 2B1Q) as the foundation for high-speed,
modem-related equipment that enable service providers to offer incredibly fast access
to the Internet and Intranets, as well as other bandwidth intensive applications such as
video on demand. GlobeSpan also offers manufacturers professional xDSL
development tools and expert support that has positioned the company as the world's
largest supplier of DSL modem chipsets, based on 4Q 1997 figures (source: Instat).

GlobeSpan's founding technical team began developing advanced modem algorithms
and a DSL optimized, billion operations per second (BOPS), software down-loadable,
digital signal processor (DSP) in 1988 at AT&T Bell Labs. GlobeSpan's fifth
generation technology and six years of field experience in delivering commercially
deployable DSL solutions has been the primary driver behind the Company's success.
Today, GlobeSpan is the only supplier offering production quantities of DSL products
for all DSL segments (ADSL, RADSL, HDSL, MSDSL), and all established line
codes (2B1Q, CAP, and DMT T1.413 with upgradeability to G.lite) to leading
communications equipment manufacturers and service providers worldwide.

Under the new leadership of CEO and President Armando Geday, and the
management team of COO Tom Sennhauser, CFO Robert McMullan, and VP
Worldwide Sales Nicholas Aretakis, GlobeSpan Semiconductor Inc. will continue to
exclusively focus on providing fully featured, highly integrated, power efficient, low cost
chipsets for megabit modem applications. "We intend to build on our position as the
world's largest DSL chipset provider by investing in the extension of our DSP platform,
broadening and strengthening our modem algorithm knowledge and actively supporting
the development of international standards," said Geday.

In an effort to accelerate the widespread upgrade of the current installed base of more
than 80 million analog modems with higher speed DSL technologies, the Company's
near term product development is focused on ease of technology migration, installation,
use, and ease of purchase.
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