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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (7236)	11/18/1999 2:45:00 PM
From: Paul Lee	Read Replies (3) \| Respond to of 9236

FCC Line Sharing Ruling Bodes Well for Aware, Inc. and Widespread High-Speed Residential Data Access BEDFORD, Mass.--(BUSINESS WIRE)--Nov. 18, 1999--Aware, Inc. (NASDAQ:AWRE), a worldwide leader in DSL (digital subscriber line) technology for high-speed Internet access over existing telephone networks, announced today that its DSL technology is well suited to facilitate widespread high-speed residential data access in the wake of today's FCC ruling on line sharing. Because full-rate ADSL and G.Lite both preserve regular voice service, these technologies meet a key element required for line sharing to be possible. Michael Tzannes, Aware's president and CEO, noted: "The line sharing ruling is good for competition since it will open up the residential market to the CLECs. Until now, when a competitive local exchange carrier (CLEC) requested a line from an incumbent local exchange carrier (ILEC) for service, a second residential line needed to be installed by the ILEC. With "line sharing", a CLEC can request that the existing line that accesses someone's home be opened to the CLEC, so that they can offer data service on that line." Tzannes added: "DSL enables telephone companies to offer broadband communications over the existing telephone network. There are a number of variants of DSL technology, all addressing important market requirements. Up to this point, CLECs have been primarily focused on delivering Symmetric DSL ("SDSL") to business customers. While SDSL service is well suited to the business market, it does not preserve POTS on the existing line." Tzannes continued: "Aware is a leading supplier of ADSL technology, both full-rate and G.Lite, for the residential broadband market. A unique aspect of ADSL, which is specified in global standards, is that it preserves plain old telephone service (POTS) on the same phone line. Until now, ILECs were the primary beneficiaries of this impressive technology. With this ruling CLECs will now be able to reap the benefits of ADSL technology, which in turn will increase the demand for our technology. We see this as a significant milestone in the path that ultimately will lead to widespread high-speed residential access."