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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Ian@SI who wrote (11999)	6/24/1999 3:17:00 AM
From: pat mudge	Respond to of 18016

stelhq.com From STII's 1998 Annual Report. I've highlighted one product CMTO uses and claims is the best in the world: <<< Local Multipoint Distribution System LMDS is a new technique for two-way transmission of high-speed digital data using terrestrial microwave links to homes and offices. LMDS can provide high-speed Internet and Worldwide Web access at speeds not possible with present phone line modems and at the same time can be used to provide telephone and video service to the home or office. In addition, LMDS promises to increase the downstream data rate of today's Internet phone line access by a factor of several hundred, thus vastly improving the responsiveness of the Internet as well as its information flow rates. Stanford Telecom's LMDS development has continued throughout the year, with the pace accelerating as the year ended. The FCC auction was delayed until late in the fiscal year, but has now been completed. The Company expects to deploy market trial systems in mid- year, with production volumes expected to be ordered later in the fiscal year. Our LMDS baseband subscriber equipment has two forms - a residential gateway and a commercial gateway. The residential gateway provides the subscriber with two toll-quality phone lines for voice or FAX, plus an Ethernet line for Internet and high-speed data connectivity. The commercial gateway designed for the small office or business can be configured to provide eight phones or T1 services. In addition, Ethernet connectivity is provided for all commercial gateway versions. Stanford Telecom is now conducting technology demonstrations and building field trial systems. These systems operate in the 28-31 GHz microwave frequency spectrum. At year end, two trial systems were deployed, one in Asia, and the other in the United States, and an additional two trial systems are on order for deployment in the second quarter of fiscal year 1999. Multichannel Multipoint Distribution System The MMDS system, sometimes called wireless cable, can provide two-way services to the subscriber similar to LMDS. We are developing both residential and commercial gateway subscriber equipment. MMDS differs from LMDS in that it makes use of a lower frequency band in the 2.5 GHz frequency region. The frequency bandwidth available in this lower frequency region is only a fraction of the roughly one GHz of bandwidth available with LMDS. As compared to LMDS, the lower frequency of MMDS allows the coverage area to be 10 times greater for each hub station deployed. The Company has had an MMDS demonstration system operating in Sunnyvale since October 1996, and has performed demonstrations for a wide range of international and domestic customers. In addition, we received orders for two market trials for MMDS equipment and at year end deployment of these trial systems was underway. We believe there is sizable interest in the telephony potential for offshore markets and a growing interest in providing both the telephony and data services in the domestic markets. The U.S. Wireless Cable Association has applied for authorization to use MMDS spectrum for two-way digital multimedia services, which will greatly enhance the business prospects for this technology. Recently, the Company has installed 10 MMDS subscriber terminals as part of a technical trial system on the West Coast which is being used to test high speed data services. This trial uses 16 QAM downstream and QPSK upstream. Testing is expected to continue through the Summer of 1998, when telephony services will be added to the test site. This will be followed by trials of approximately 150 subscriber terminals in market tests of the services being offered. Broadband Digital Communications Using Cable In the next few years, cable or CATV is expected to not only provide both analog and digital TV, but to be one of the primary means of high-speed access to the Internet. Many of the cable companies are now upgrading their cable plant to Hybrid-Fiber-Coax with two-way transmission capability. This revolutionary change is expected to open large markets for high-speed cable modems which can provide access at speeds over 100 times faster than the fastest of present day telephone modems. The Company hopes to play a significant role as a technology provider to the cable modem manufacturers both in the U.S. and abroad. Stanford Telecom offers the STEL-9257 Hybrid-Fiber-Coax Burst Demodulator for application at the headend of cable modem systems. It, and its predecessor, the STEL-9244, are field-proven in revenue generating cable modem installations. It is known for its robust performance and reliable operation. The STEL-2176 Cable Modem subscriber ASIC is the world's first integrated upstream and downstream single chip solution for the primary cable modem standards MCNS and DAVIC. We believe it to be the highest performance, competitively priced solution in the market. It is designed specifically for reception and transmission of data over HFC cable communications networks - receiving 16/64/256 QAM signals and sending QPSK & 16QAM modulated signals. Extensive testing has proven STEL-2176 to be superior in performance even when operating under extreme channel impairment conditions. This chip is perhaps the world's first chip with both the analog-to-digital and digital-to-analog conversion on the same chip with the complex digital signal processing. VSAT Modems Satellite communications is in the process of migrating more and more of its technology to ever smaller and lower cost earth terminals. The VSAT is a Very Small Aperture earth Terminal that constitutes the bulk of the satellite communications market. Stanford Telecom is a leading supplier of digital demodulation products for VSAT applications. Our years of experience in designing and manufacturing ASICS translate directly into a wide range of standard VSAT products. Our STEL-9258 L-band digital QPSK demodulator printed wire board assemblies are incorporated into many receiver designs to provide point-to-multipoint distribution of data, music, telephony, and paging applications. Our most recent product, the STEL-9260 offers our first complete BPSK/QPSK modem. It is intended for use in systems where the combination of modulator and demodulator functions in a single package is important. It sets a new standard in high performance at the lowest possible cost. It is fully programmable in IF frequency, bit rate, transmit power, and filter coefficients. >>>>>