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Technology Stocks : Orckit (ORCT) -- Ignore unavailable to you. Want to Upgrade?

To: savolainen who wrote (1876)	8/19/1999 3:08:00 PM
From: Scrapps	Respond to of 1998

Orckit Achieves Interoperability with Leading ADSL Vendors TEL AVIV, Israel, Aug. 19 /PRNewswire/ -- Orckit Communications Ltd. (Nasdaq: ORCT - news), today announced that it has achieved interoperability with industry leading chip, DSLAM and CPE vendors. Recently, the Orckit DSLAM system and modem achieved interoperability with Analog Devices, Alcatel, Centillium, GlobeSpan, ITeX, Motorola, SAS India, Texas Instruments and 3Com. Orckit's sustained commitment to industry interoperability is demonstrated in its continued work and contribution with world standard institutes including ANSI, ETSI, ITU and the ADSL Forum. Orckit has recently participated also in interoperability testing at the University of New Hampshire laboratories. ''Orckit is already supplying large volumes of its DSLAM systems to major telco's around the world,'' said Dan Arazi, Executive Vice President Sales and Marketing at Orckit. ''Working towards and achieving ADSL interoperability will ensure a faster wide-scale deployment of DSL worldwide. This will enable ADSL to become the technology of choice, in the high-speed Internet access market.'' Orckit's ADSL is currently being deployed in North America, Europe, Asia, and the Middle East. Orckit's DSLAM uses KeyWave(TM), the world's first single chip ADSL solution, jointly developed by Orckit and Fujitsu Microelectronics. KeyWave(TM) fully supports full-rate G.DMT (G.992.1, T1.413 Issue 2) and G.lite (G.992.2) standards. As a founding member of the ADSL Forum, Orckit will participate in the Consumer Electronics Show in January 2000, in Las Vegas where the Forum will host an ADSL interoperability event. Orckit will exhibit its latest DSL solutions to the public in the upcoming ITU's Telecom '99 show in Geneva and is excepted to demonstrate also interoperability with other DSL vendors. Orckit Communications is a leading company in the field of Digital Subscriber Line (DSL) solutions, which enable telephone companies and Internet Service Providers to provide high-speed data services, such as high speed internet access, over the existing copper infrastructure. Orckit possesses both core silicon expertise and a wide range of DSL products, including its FastInternet(TM) DSLAM System with ADSL, and its CopperTrunk® (HDSL and VDSL product lines). Orckit has key strategic alliances with several leading semiconductor companies and telecom equipment providers. For more information about Orckit and its DSL solutions, visit Orckit's web site at orckit.com. Certain matters discussed in this news release are forward-looking statements that involve a number of risks and uncertainties including, but not limited to, risks in product development plans and schedules, rapid technological change, changes and delays in product approval and introduction, customer acceptance of new products, the impact of competitive products and pricing, market acceptance, the lengthy sales cycle, proprietary rights of the Company and its competitors, risk of operations in Israel, government regulation, dependence on third parties to manufacture products, general economic conditions and other risk factors detailed in the Company's United States Securities and Exchange Commission filings. SOURCE: Orckit Communications Ltd.

To: savolainen who wrote (1876)	8/19/1999 3:11:00 PM
From: Scrapps	Read Replies (1) \| Respond to of 1998

ADSL Modems Set to Reach 1 Million Shipments in 1999 Cable Modem Growth Slows In Q2 1999 According to New Cahners In-Stat Group Report NEWTON, Mass.--(BUSINESS WIRE)--Aug. 19, 1999--According to a recent report released by Cahners In-Stat Group, worldwide ADSL modem shipments grew 59 percent sequentially in Q2 99. This growth is indicative of broadening service roll-outs in the U.S. and internationally. By year-end 1999, modem shipments are expected to top one million. Alcatel led the market in ADSL modem's shipped with 33 percent worldwide share. Cisco ranked second with 18.7 percent share followed by Orckit with 13.7 percent share. ''While only a few vendors hold the majority share in the ADSL modem market today, the move towards a retail and PC OEM market over the next 12 months will change the vendor line-up considerably,'' said Shannon Pleasant, senior analyst for Cahners In-Stat's Voice and Data Communications Group. ''We are already seeing several new entrants in the cable modem market that are traditional retail players.'' Cable modem growth continued to slow to 21 percent sequentially. Based on 1H 99 results, worldwide cable modems shipped in 1999 will reach over 2.6 million, still a considerable lead on ADSL. While overall growth slowed, Cablelabs/DOCSIS based cable modems increased to 19 percent of cable modems shipped in Q2 99, up from 13 percent in Q1 99. This trend is expected to continue as standards based cable modems become available from market leaders Motorola and Nortel Networks in the second half of 1999. Motorola and Nortel Networks combined held 49 percent of total cable modems shipped in Q2 99. Com 21 ranked third overall with 11 percent unit share. 3Com, General Instruments and Samsung lead in DOCSIS based modem shipments. The report, Q2 99 Analog and Digital Modem Market Analysis, CQ9903M7, provides quarterly market shares for analog, cable and ADSL modem vendors and three quarterly rolling forecasts for those markets. To purchase the reports please call 617/558-2144. Cahners In-Stat Group (http://www.cahnersinstat.com) is a high-technology market research firm with comprehensive understanding of computer and convergence, networking, wireless, telecommunications, Internet, enterprise software, and semiconductor market. Headquartered in Newton, offices are also located in Scottsdale, Ariz. and San Jose, Calif. Cahners In-Stat Group, formed by the merger of In-Stat and Business Research Group, is part of Cahners Business Information, the largest publisher of specialized business publications in the United States, and a division of Reed Elsevier.