To: Robert Dirks who wrote (27 ) 12/9/1999 12:55:00 PM From: Return to Sender Respond to of 120
Silicom Wins Two Projects in Sweden and Germany KFAR-SAVA, Israel--(BUSINESS WIRE)--Dec. 6, 1999--Silicom Ltd. (NASDAQ: SILCF - news) today announced that the Company received a confirmation from Possio AB in Sweden, that a modified version of the Silicom Serial PC Card was approved to be used with the Possio PM80 GSM mobile fax and the Nokia 6090 GSM cellular Car Phone. The confirmation was accompanied with an initial order of 200 units for immediate delivery. Possio is a leading manufacturer of paper-based mobile communication products. The Possio mobile fax machine equipped with the Silicom PC Card enables mobile users of the Nokia 6090 GSM Cellular Car Phone to receive and print faxes and SMS messages on the go. ''We chose to use the Silicom solution due to the quality of products and the ability to customize the products to our specifications'', said Peter Kastberg, Possio's Marketing Director. ''The performance of the Silicom Serial Card meets our severe quality criteria. I am sure that both our product sets and our customers will benefit accordingly''. This project win in Sweden came in conjunction with another project win in Germany. Two prototypes of another specially modified version of the Company Serial PC Card were approved by Consel Kofferloesungen GmbH, a manufacturer of mobile-office integrated systems in Germany. This project was designed especially for Kabel Deutschland GmbH, a subsidiary of Deutsche Telekom AG. Following this approval Silicom will deliver to the customer first shipment worth more than $US 100,000 until mid January 2000. ''We are very encouraged by our success to fulfill our new strategy, adapted by the Board of Directors earlier this year, and establish more co-operations and joint projects world-wide'', said Avi Eizenman, President and CEO at Silicom. ''As part of the same strategy, Silicom is now competing to win more joint projects with leading xDSL and cable modems manufacturers for the development of Broad-Band Internet Access products.'' Silicom Ltd. is a leading provider of high performance connectivity solutions. The Company offers a broad line of single and multi-function USB, PC Card and CardBus products with support for Home networking, Fast Ethernet, Ethernet, Token Ring, 56Kbps modem, USB and RS-232. Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties or other factors not under the Company's control, which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or other expectations implied by these forward-looking statements. These factors include, but are not limited to, those detailed in the Company's periodic filings with the Securities and Exchange Commission. Contact: Avi Eizenman, Silicom Ltd. Tel: +972-9-764-4555 E-mail: marketing@silicom.co.il or Ran Rachlin, Silicom Inc. Tel: 201/529-1121 E-mail: marketing@silicom-usa.com biz.yahoo.com Good looking profitable company. Great technology that has ties to both the hot wireless and the super hot Linux markets!biz.yahoo.com Investors are advised to do their own due diligence. Anything that I may state, in any post, is merely an opinion based on prior experiences and future expectations. I may have a long position in this stock and as such I am biased by my own expectations. I invest to make money. As always, I am looking for a big return to Sender