To: John Pitera who wrote (70356 ) 10/21/1999 8:42:00 AM From: wlheatmoon Respond to of 86076
hey,,,who gave you the afternoon off? -g- AWRE news...with INTC,,, Aware, Inc. Announces DSL Development and Licensing Agreement With Intel BEDFORD, Mass.--(BUSINESS WIRE)--Oct. 20, 1999--Aware, Inc (NASDAQ:AWRE) today announced that it has entered into an agreement under which Intel has licensed Aware's technology for use in its future DSL product offerings. Under the agreement, Aware will provide Intel with both full-rate ADSL and G.Lite technology. The terms of the agreement were not disclosed. Over the last year, deployments of DSL services by telephone companies have grown at a rapid pace. DSL enables high-speed Internet access over the existing telephone network and, with a worldwide market of over 700 million phone lines, promises to be a significant technology for enabling residential broadband access. "Aware shares Intel's goal of providing customers with high-performance solutions for their demanding applications," said Greg Lang, vice president and general manager of Intel's Network Interface Division. "This agreement supports Intel's goal to be the premier building block supplier to the Internet economy." "Aware's DSL technology combined with Intel's world-class products will provide comprehensive solutions to the broadband residential market segment. We are pleased to be working with Intel to develop dual-mode full-rate and G.Lite solutions for the rapidly growing DSL industry. We believe that Intel's commitment will further increase the market's growth rate, bringing the vision of ubiquitous broadband access closer to reality," said Michael A. Tzannes, president and chief executive officer of Aware, Inc.