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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: Can Do Stocks 2 who wrote (19305)	10/19/1999 1:01:00 PM
From: westpacific	Read Replies (2) \| Respond to of 108040

Sleeper IPO - big block buys. PCTI. PC-TEL NAMED SILICON VALLEY?S FASTEST-GROWING PRIVATE COMPANY HSP Modem Leader?s 12,490% Revenue Growth Cited By San Jose and Silicon Valley Business Journal PC-TEL, Inc. 70 Rio Robles, San Jose, CA 95134 (408) 383-0452 San Jose, CA ? November 4, 1998 ? PC-TEL Inc., the world leader in host signal processing (HSP) modem technology, was named the fast-growing private company in Silicon Valley by the San Jose and Silicon Valley Business Journal. The Business Journal, which researched the Business Journal 100 list in partnership with Coopers & Lybrand LLP, cited PC-TEL?s 12,490% revenue growth rate over the last three years. The Business Journal noted that PC-TEL grew from $190,701 in revenues in 1995 to $24,008,427 in 1997, while the number of its employees grew from 18 in 1995 to over 60 in 1997. PC-TEL received the award on October 28, 1998 at a gala event at the Fairmont Hotel in San Jose, Calif. "We at PC-TEL are delighted to receive this award, which validates our approach of building a company around a technology and a dream in the time-honored Silicon Valley way," said Peter Chen, President and CEO of PC-TEL. "We greatly appreciate the support of our loyal customers and hard-working employees in making possible our success in this highly competitive environment." Founded in 1994, PC-TEL has sold over 5 million HSP modem chipsets to OEM customers that include Sharp, Fujitsu, Everex, Acer and NEC. The company recently introduced the HSP56 World MicroModem, a chipset that will support the differing telephone systems of many countries, allowing PC and modem manufacturers to build one modem for worldwide use. Due to its growth, PC-TEL recently moved to new offices in San Jose, tripling its office space. THE PC-TEL HSP ADVANTAGE The personal computer industry is seeing a transition to HSP modem technology. PC-TEL HSP modem products are driven by a PC?s host processor, allowing system designers to eliminate the costly data pump, memory, controller and UART. HSP modems offer OEMs a faster time to market, higher system reliability and a lower cost of manufacturing. As PC-TEL-based HSP modems do not require much of the hardware found in conventional modems, they provide a significantly lower cost to manufacturers, especially significant in the fast-growing sub-$1000 PC market. They also require less power than conventional hardware-based modems, a key advantage for portable systems. Because PC-TEL?s HSP technology is software-based, users can upgrade their modem when new features become available or when new standards are adopted, simply by downloading the appropriate software. ABOUT PC-TEL Privately-held PC-TEL, founded in March 1994, is based in San Jose, California. The company?s mission is to provide mass-communications solutions for the personal computer market through its easily-integrated and cost-effective Host Signal Processing Modem (HSP Modem?) technology. A pioneer in host signal processing technology, PC-TEL has several patents awarded and additional patents pending. PC-TEL continues to lead the world in developing and bringing to market the most innovative and reliable products to meet the communications needs of the PC industry. The company?s products are available to PC manufacturers and other OEMs. PC-TEL is located at 70 Rio Robles Drive, San Jose, Calif., 95134. Telephone: 408-965-2100. Fax: 408-383-0455. For more information about PC-TEL products, please visit the PC-TEL website at pctel.com.