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To: Carolyn who wrote (33)	11/16/1999 12:38:00 PM
From: elmatador	Respond to of 640

Intel Establishes Wireless Internet Technology Center in Sweden 06:02 a.m. Nov 12, 1999 Eastern STOCKHOLM, Sweden--(BUSINESS WIRE)--Nov. 12, 1999--Intel Corp. today announced the formation of the Intel(R) Wireless Competence Center in Stockholm, a global center of communications technology development commonly called "Wireless Valley." The Intel Wireless Competence Center will enable Intel and other industry leaders to develop technologies and products designed to provide business people and consumers with a wide range of new applications surrounding high-bandwidth, wireless Internet access. Staffed by Internet, communications and PC platform experts, the Center will serve as a resource for Intel's worldwide product groups and build upon Intel's strong synergies with other industry leaders. Intel formed the Bluetooth initiative in 1998 with Ericsson, Nokia, IBM and Toshiba after launching the successful Mobile Data Initiative in 1996. "Intel believes that wireless access will be a major Internet trend over the next several years," said Rob Eckelmann, vice president and general manager, Intel Europe, Middle East and Africa. "We're establishing a dedicated team in the heart of the world's wireless center to help develop solutions that operate seamlessly with the existing Internet client, server and network infrastructure." "We have been very pleased to explore the mutual benefits of wireless and computing technologies with Intel in the past. We look forward to creating the future together," commented Johan Siberg, president, Ericsson Mobile Phone Division. The announcement of the Intel Wireless Competence Center follows the news of Intel's agreement to acquire DSP Communications, Inc., a maker of wireless chipsets, software stacks and reference designs, in an offer valued at approximately $1.6 billion. "Intel is excited about wireless Internet applications and plans to supply the high-volume, standards-based building blocks needed for rapid global deployment," added Eckelmann. Intel, the world's largest chip maker, is also a leading manufacturer of computer, networking and communications products. Additional information about Intel is available at www.intel.com/pressroom.