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To: May Tran who wrote (21233)	6/29/1999 12:01:00 PM
From: James Simonick	Read Replies (1) \| Respond to of 40688

Finally got the requested 8,900 PNLK shares from e-trade in certificates after 10 weeks. Never thought it would take that long.

To: May Tran who wrote (21233)	6/29/1999 12:12:00 PM
From: allen v.w.	Read Replies (1) \| Respond to of 40688

New Zealand calls for broadening WTO agenda June 29, 1999 AUCKLAND, NEW ZEALAND - AP World News via NewsEdge Corporation : A meeting of Pacific Rim trade ministers hit trouble before it even started, with conflicting targets emerging over what should be included in the next round of world trade talks. Senior U.S. trade delegates and host nation New Zealand on Monday launched a push to broaden the agenda for the so-called millennium round of World Trade Organization talks, urging Pacific Rim nations to back a plan to accelerate tariff reductions on a range of industrial goods. But the plan was immediately rejected by the Philippines, whose trade representative said the proposed talks in Seattle in November should be tightly restricted. U.S. trade representatives Richard Fisher and Susan Esserman, standing in for top U.S. trade representative Charlene Barshefsky who could not attend for personal reasons, said the current round of Asia Pacific Economic Cooperation forum talks would help set the agenda for the WTO talks. ''This APEC meeting will be a key meeting for helping to set the agenda for the WTO,'' Esserman said before the official opening of a two-day meeting of APEC trade ministers. ''The challenge will be in determining the WTO agenda is what negotiations will proceed in addition to the built-in agenda, (namely) agriculture and services,'' she said. ''An emerging are of consensus is that industrial tariffs are to be an area for negotiations.'' New Zealand Trade Minister Lockwood Smith said forestry and fisheries were two industries which should be on the agenda for the WTO, and urged officials from APEC's 21 member countries to broaden the agenda. But Philippines Trade Secretary Jose Pardo told Dow Jones Newswires that his country wants to restrict the next round of trade talks to agriculture, services and intellectual property rights. He said the United States agrees with this position. ''The signal we're getting from the U.S. is that the WTO should be very focused,'' Pardo said. ''There will be no agreement'' on a common stance towards the WTO talks emerging from the current APEC round, he said. An APEC leaders summit is scheduled for September. APEC trade officials were greeted Tuesday by a traditional Maori welcome called a Powhiri, which included pressing noses with a welcoming party in a custom called Hongi. Officials then went into the first session of closed meetings. The last leaders' summit in Kuala Lumpur sought a free-trade agreement which would have slashed tariffs on dlrs U.S. 1.5 trillion in world trade. But Japanese opposition to cutting tariffs on the forestry and fisheries industries forced APEC to send the plan to the WTO for resolution. APEC is ultimately aiming for free trade among its developed members by 2010 and full free trade by 2020. Smith said APEC trade ministers had not softened their commitment to freeing up trade, but ''some member economies have some political difficulties that are slowing progress.'' APEC's members include the world's three largest economies, and in total the economies involved produce more than half of the world's economic output. APEC comprises Australia, Brunei, Canada, Chile, China, Hong Kong, Indonesia, Japan, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, the Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, the United States and Vietnam.

To: May Tran who wrote (21233)	6/29/1999 12:15:00 PM
From: allen v.w.	Read Replies (1) \| Respond to of 40688

Proxim and Cayman Delivering Europe's First Wireless Broadband Solution for Shared High-Speed Internet Access in the SOHO, Home June 29, 1999 BIRMINGHAM, England--(BUSINESS WIRE) via NewsEdge Corporation -- Agreement Combines Award-Winning Symphony Cordless Networking Suite, Leading ADSL Modem Gateway into One Low-Cost, Simple Solution Meeting the demands for shared low-cost, high-speed Internet access from the growing number of European small office/home office (SOHO) and home customers with multiple PCs, Proxim, Inc., (Nasdaq:PROX), and Cayman Systems today announce that Proxim's Symphony(TM) wireless networking technology will be integrated with Cayman Systems' ADSL 3220H Internet gateway and ADSL modem. The solution will be displayed in Proxim's stand No. 18N110 (Hall 18, Stand 110) at Networks 99, NEC, Birmingham from June 29 - July 1. Now European customers will be able to distribute high-speed Internet access to computers throughout the small office or home without installing any new cabling, and can do so regardless of location of computers and other resources within the network. This technology combination mobilises users, giving them the luxury of high-speed Internet access wherever they choose to use their computers, with minimal setup requirements. European phone jack limitations, as well as new wiring difficulties, make wireless the only method for extending the reach of ADSL modems for delivering high-speed, multi-user broadband Internet access within the small office and home. The award-winning Symphony Cordless Networking Suite, launched in Europe today, is a comprehensive, low-cost, easy-to-use wireless networking solution which leverages Proxim's more than 15 years of experience providing the world's most popular wireless local area networking (LAN) technology. The ADSL 3220H is a leading digital subscriber line router that can be used with ADSL services being offered by most carriers, allowing for multiple-Mbps digital Internet access, instead of 56 Kbps access through traditional analog modems. Customers using Symphony's wireless networking technology to distribute high-speed Internet access from the Cayman ADSL connection can also share files and printers, and can play network games between computers using Symphony network interface cards for laptops and desktops, all located anywhere within the small office and home. "We are pleased to partner with Proxim and work with an industry leading supplier with over 15 years of experience in developing global wireless LANs -- an expertise that is evident in Symphony, the leading small office and home networking solution," said Heidi Clark, Cayman Systems president and chief executive officer. "A growing number of customers are requiring faster Internet speeds than ever before, and the Symphony and ADSL 3220H solution combines the advantages of shared ADSL gateway access in an affordable, flexible, and easy-to-use package." "We are proud to be Cayman's wireless networking solution of choice and benefit from its leading ADSL broadband gateway technology and relationships with today's leading service providers," said Bernard Picot, European general manager for Proxim. "We see customers wanting an integrated, one-stop-shopping source for shared broadband Internet access, and we're pleased to be ahead of the competition again to deliver this service to European customers through Cayman's 3220H." The solution is currently being privately sampled to some of Cayman's European customers. Product features, pricing, and customer information for Europe will be announced late this summer. About Symphony Proxim's Symphony Cordless Networking Suite operates in the 2.4 GHz frequency band and utilises frequency hopping spread spectrum radio frequency technology, which is both highly secure and exceptionally immune to interference. It delivers data rates of 1.6 Mbps in a single-cell environment with an indoor coverage radius of up to 45 meters, or enough area to cover nearly any single family home or small office. Symphony includes device driver software for the Windows 95, Windows 98 and Windows NT 4.0 operating systems. It is based on Proxim's award-winning RangeLAN2(TM) products, which were first to market in the 2.4 GHz frequency band in 1994. In 1999 competitive reviews of home and SOHO networking kits, Symphony has earned PC Magazine's Editors' Choice Award, CNET's Editors' Choice Award, PC World's "Best Buy" Award and PC Computing magazine's 1999 "Best " and 5-Star Award. Symphony also earned Home Office Computing magazine's 1998-HOC Editors' Gold Award for best home networking product. About ADSL 3220H Cayman Systems' ADSL 3220H is a four-port, multi-user LAN gateway/router, with an integrated ADSL modem chipset, that allows LAN-wide Internet access over a single ADSL line at rates of up to 8 Mbps. The ADSL 3220H is ANSI T1.413 and G. Lite compatible. The gateway part of the ADSL 3220H is based upon the Cayman Swift IP software. Swift IP is the basis of all Cayman broadband routers, including those that have been named SOHO Router of the Year for 1997 and 1998 by CTI Magazine. For information, contact Richard "Koz" Korzeniewski, at (781) 279-1101, ext. 195, or visit Cayman Systems on the World Wide Web at www.cayman.com. About Proxim Proxim, Inc., is the world's leading supplier of spread spectrum wireless LAN products to OEMs and wireless solutions providers. With headquarters in California, European offices in France and U.K., Proxim's solutions are supported by an extensive world-wide network of channel partners and OEMs. In 1994, Proxim was first to market with its industry-leading RangeLAN2 2.4 GHz frequency hopping wireless LAN product family, which has attracted more than 100 OEMs and wireless solutions providers world-wide. In 1998, the company introduced its high-performance RangeLAN802(TM) product line, which operates at 2 Mbps and is fully compliant with the IEEE 802.11 standard. In 1999, Proxim has established itself as a leader in the emerging home networking market with its award-winning Symphony(TM) cordless networking products for the home and small office. Proxim is a founding member of the Wireless LAN Interoperability Forum (WLI Forum), established to deliver and test interoperable wireless LAN products and services (www.wlif.com). Proxim is also a core member of the Home Radio Frequency Working Group (HomeRF WG), which is committed to providing a broad range of interoperable cordless consumer devices (www.homerf.org). See www.proxim.co.uk for additional information, or contact Proxim Europe at 331 3070 6118, or Proxim U.K. at 44 (0) 1235 86 50 01. About Cayman Systems Cayman Systems is the customer premise equipment provider of choice for service providers that sell to small office and home markets. Cayman's Zero-Configuration(TM) routers and turnkey support programs enable cable companies, CLECs, ISPs, ILECs, and RBOCs to easily deliver Ethernet-to-Internet xDSL and broadband solutions for their small office customers. Founded in 1987, Cayman Systems is a privately held company based in Stoneham, Mass. Just named Small Company of the Year by the Massachusetts Telecommunications Council, Cayman has forged alliances or partnerships with such industry leaders as Nortel, Nokia, Alcatel, Comcast, MediaOne and Pacific Bell. For information, contact Richard "Koz" Korzeniewski, at (781) 279-1101, Ext. 195. Or visit Cayman Systems on the World Wide Web at www.cayman.com. Note to Editors: Proxim, RangeLAN2, RangeLAN802, and Symphony are all trademarks of Proxim. All other company and product brand names are trademarks or registered trademarks of their respective companies. <<Business Wire, 06-28-99, 08:20 Eastern>> CONTACT: AxiCom \| Kellie Hobden / Matt Campbell, 020 8600 4600 \| matthewc@axicom.com

To: May Tran who wrote (21233)	6/29/1999 12:25:00 PM
From: allen v.w.	Respond to of 40688

British Telecom To Migrate UK Network To ADSL Soon June 29, 1999 LONDON, ENGLAND, Newsbytes via NewsEdge Corporation : British Telecom [NYSE:BTR] is just weeks away from announcing a masterplan to offer ADSL (Asymmetric Digital Subscriber Line) facilities to almost every BT phone line user in the UK, Newsbytes sources strongly suggest. BT has today quietly announced that its six-month pilot scheme in which several hundred London homes were hooked up to the Internet on an always-on ADSL connection, will officially come to an end in late August. At that stage, BT says will make a pronouncement on its future plans for ADSL. Newsbytes' sources suggest that significantly more users have been plugged into the "trial" than BT originally envisaged. This is something that has made BT realize the massive demand for such a service. BT is also under great pressure from the Labour government in the UK to propel the population into an information superhighway future. Its network has been massively upgraded in recent years to accommodate future wideband data requirements, and ADSL technology, on the user trial at least, seems to work well. Newsbytes' sources also suggest that there is a top level wrangle taking place between BT and Oftel, the government-sponsored watchdog for telecommunications in the UK. Oftel is understood to be willing to grant BT a wide ranging license to offer ADSL on a mass market basis, subject to two provisions: universal service for all, which BT has accepted, and freedom of access to BT's ADSL service by its competitors. Newsbytes' sources suggest that BT is utterly against allowing competitors access to its ADSL service, despite Oftel's requirement for this facility. Sources suggest that discussions between BT and Oftel have reached an serious impasse on this point. This "rumored" impasse has brought blistering criticism from several quarters, most notably from Bob Jones, a UK communications industry veteran. Jones, who was named Venturer of the Year in a competition organized by the British Venture Capital Association (BVCA), Cartier and the Financial Times, has founded a succession of successful data communications firm since 1982. In 1992, he formed Sonix Communications with 2.1 million pounds ($3.8 million) venture capital backing. He sold the firm three years later for significantly more, after gaining a 46 percent UK market share for ISDN hardware for the firm. He now runs Equiinet, an Internet company founded last year with five million pounds ($8 million) of equity. Jones said BT is attempting to blackmail the UK. He said that company officials are on record as saying that their company would be ready to roll out high-speed data access countrywide over existing telephone lines by August 1999. Pointing at a report in the Sunday Times on June 27, Jones said that BT has now apparently told Oftel and the British government that it cannot justify proceeding with the high-speed network unless demands from BT's rivals for equal access to the network are rejected. "BT would use a technology called ADSL to more than quadruple the bandwidth of conventional telephone lines. This would enable multiple data, voice, high speed Internet or video services to be run over a standard BT telephone line," he said. "The majority of the network that BT would use to roll out ADSL services was built in the days before deregulation when BT was the state telecom provider," he said, adding that BT owes it to the UK's industry, educational establishments and consumers to make high speed multimedia and Internet access available over its networks. "I've spent the majority of my working life building products and companies that enable information to be brought closer to people. BT is acting against the public interest in holding back a service which is a national resource and is vital in keeping British industry competitive," he said. BT's press office has called the media report in the Sunday Times " speculative," but has refused to comment future. Reported by Newsbytes.com, newsbytes.com . (19990628/Press Contact: Stephen Waddington, Rainier PR for Bob Jones +44-171- 470-8790; BT Press Operations Center +44-171-356-5369 /WIRES TELECOM, BUSINESS/)