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To: LBstocks who wrote (5528)	1/21/2000 3:37:00 PM
From: JGoren	Read Replies (2) \| Respond to of 13582

Titan Announces Strategic Agreement to Develop Satellite Based InternetTerminal for France Telecom SAN DIEGO, Jan. 18 /PRNewswire/ -- The Titan Corporation (NYSE: TTN), a provider of satellite telephony systems and services, today announced that it has entered into an agreement with Satellite Terminal Access (STA), a French developer of multimedia access terminals, to develop a low cost satellite-based Internet communication terminal. STA selected Titan Wireless, Titan's wholly-owned subsidiary, as its strategic partner following STA's selection by France Telecom to develop a low cost terminal for the company's planned satellite-based consumer broadband service. France Telecom's service is expected to provide an alternative to traditional Internet offerings such as cable modems and DSL. Attaching to a computer or television through a set top box, the new terminal is expected to offer Internet services to residences with downstream speeds of 2Mb/s and upstream speeds of 64 kbps. The prototype development is expected to be completed by midyear at which time roll out of the first 1000 terminals is expected to begin. The new terminals will also be backwards compatible with all Titan gateways and network operating controls. Under the terms of the agreement with STA, Titan expects to receive royalties on all products sold which incorporate the jointly developed technology, direct distribution rights in specific markets, and the exclusive right to use and sell all STA products in North America. As part of the agreement Titan will also acquire a 10 percent minority ownership interest in STA, providing Titan with another opportunity to participate in any future revenue stream associated with the sale of STA products. In addition, Titan has the option to acquire an additional 9.9 percent ownership interest in the future. "The agreement with STA is another example of Titan leveraging years of government funded research and development and our advanced technological capability to serve large commercial market opportunities," said Gene W. Ray, Chairman, President and CEO of The Titan Corporation. "We believe that there is a role for satellite-based technology in the international consumer broadband market and are looking forward to working with STA on the development of the new technology. We also plan to explore the possibility of marketing the new terminals in developing countries in Asia, Africa and Latin America where the lack of terrestrial infrastructure provides satellite-based technology with an inherent advantage." "STA has committed to designing low cost satellite-based Internet terminals and we believe that teaming with Titan, a recognized industry leader in the area of satellite communications can help us achieve this goal," said Lionel Fleury, President of STA. "Successful completion of the pilot project for France Telecom will hopefully pave the way for us to provide the French market with a cost effective satellite solution for Internet access." Headquartered in San Diego, California, The Titan Corporation is an incubator of technology based commercial businesses, offering innovative and advanced technical solutions. Three of Titan's four core businesses develop and deploy communications and information technology solutions and services. In addition, Titan markets the leading technology for the electronic pasteurization of food products and is continually identifying promising technologies suitable for commercialization. The company has 3,400 employees, annualized sales of approximately $400 million and total backlog in excess of $1 billion. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The statements contained in this release which are not historical facts, including our outlook on the future performance of our core businesses and our growth strategies, are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, dependence on continued funding of U.S. Department of Defense programs, government contract procurement and termination risks, risks associated with acquiring other companies, including integration risks, and other risks described in the Company's Securities and Exchange Commission filings. Investor Relations Contact: Rochelle Bold, Vice President Investor Relations, (858) 552-9400 or invest@titan.com. If you would like to receive press releases via electronic mail, please contact invest@titan.com. Press Releases and other Titan information are available on The Titan Corporation's World Wide Web site: titan.com. SOURCE The Titan Corporation CO: Titan Corporation; Satellite Terminal Access; Titan Wireless; France Telecom ST: California, France IN: CPR TLS MLM ARO SU: JVN 01/18/2000 08:45 EST prnewswire.com

To: LBstocks who wrote (5528)	1/21/2000 8:30:00 PM
From: Ruffian	Read Replies (1) \| Respond to of 13582

Data: They're Jammin' Across Europe By Brad Smith Blackberry jam may be readily available in European stores now, but Research In Motion Ltd. and Nortel expect you'll soon be able to jam with their BlackBerrys as well. The two Canadian companies last week solidified a partnership, including a $25 million Nortel investment in RIM, aimed at expanding the market for RIM's Inter@ctive pagers and BlackBerry service to Europe. The deal opens the European market for RIM, which has no current presence outside North America, while giving Nortel a marketing tool for its infrastructure business. Nortel especially is eyeing RIM devices for use with its high-speed general packet radio service equipment for GSM networks. BlackBerry is a RIM service that forwards corporate e-mail to its Inter@ctive pagers. Rob Stone, an analyst with SG Cowen Securities Corp. in Boston, says the partnership enhances RIM's European strategy now that its North American carrier agreements are well-established. RIM's Inter@ctive pagers have been sold using the BellSouth Wireless Data Mobitex network for more than a year and American Mobile Satellite Corp. began selling them last fall on its DataTAC network. "We believe that what this is all about is deploying GPRS in Europe and other markets," Stone says. Neither RIM nor Nortel would detail their plans, except that they are a joint market and product development arrangement. Nortel indicated it would have an announcement in about a month clarifying the partnership's strategy, although RIM Chairman and Co-CEO Jim Balsillie says a European strategy would be "good conjecture." Balsillie says the partnership brings together RIM's focus on wireless Internet appliances with Nortel's expertise in Internet protocol infrastructure. The deal ensures RIM's future products will work with Nortel's Internet machinery. Although Europe is slower than the United States in its adoption of the Internet, it is ahead on mobility and wireless communications, Balsillie says, so as carriers there launch GPRS networks starting this year it makes sense for Nortel to be able to give RIM an entry to the market. Nortel has contracts for GPRS networks with European carriers in Austria and France, and most carriers who have not already done so expect to sign GPRS contracts soon. With GPRS networks launching this year, RIM hopes to start selling its devices in Europe next year. RIM also announced an agreement to sell 2,000 BlackBerry handhelds to employees of Intel Corp., which also has become a RIM investor as well as supplying the 386 processors that go into the company's pagers. RIM also signed partnerships with several e-commerce security providers, including VeriSign Inc. and Entrust Inc., to help turn its pagers into what Balsillie calls a "wireless wallet" that can be used for secure identification and all kinds of purchases-even blackberry jam.