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

To: Paul Lee who wrote (7407)	1/25/2000 11:15:00 AM
From: Scrapps	Respond to of 9236

Aware Broadens DSL Technology Offering to Include ADSL Over ISDN Solutions BEDFORD, Mass.--(BUSINESS WIRE)--Jan. 25, 2000--Aware, Inc. (NASDAQ:AWRE), a worldwide leader in DSL (digital subscriber line) technology for high-speed Internet access over existing telephone networks, today announced the availability of a new technology offering that meets the requirements for ADSL over ISDN. Aware's technology for ADSL over ISDN solutions enables the concurrent operation of ISDN and ADSL on a single telephone line. Providing compliance with Annex B of the G.992.1 ITU standard, this technology enables chipset suppliers to meet an important requirement for worldwide DSL deployment. Outside the United States, there is significant opportunity for upgrading existing ISDN lines with ADSL service. In Germany at Deutche Telekom alone, ISDN service is currently available on 24% of the 47 million telephone lines. Each of these lines holds potential for a service upgrade to ADSL over ISDN. Michael Tzannes, president and chief executive officer of Aware said: "As a leading innovator in DSL technology, we must continue to enhance our technology offerings to meet the requirements of a global market. Adding ADSL over ISDN solutions to our G.lite and full-rate ADSL technology offerings is another step in securing a leading DSL market share position. As with our full-rate ADSL, G.Lite and fast retrain technologies, our ADSL over ISDN offering empowers our customers to obtain access to critical IP and develop market-leading DSL solutions." Tzannes added: "Our technology offerings leverage advancements in signal processing tools, chip design and verification tools, and software tools to bring a high-value package to the semiconductor industry. Our patents, ASIC cores, run-time and system software, and reference designs all represent leading edge DSL technology offerings. Together with technology from Aware, semiconductor suppliers can meet the challenges of the rapidly growing DSL market." About Aware Aware, Inc. designs, develops, licenses and markets DSL technology that enables broadband communications over existing telephone networks. Its solutions, including splitterless G.Lite and full-rate ADSL, address central office as well consumer electronics requirements. The company licenses its intellectual property and software to semiconductor manufacturers and equipment manufacturers who sell products incorporating Aware's technology. Aware also markets to systems companies to encourage them to design its technology into their products, and to service providers to encourage them to deploy new broadband services based on its technology. More information about Aware can be found at aware.com. Note to Investors: This press release contains certain statements of a forward-looking nature relating to future events or the future financial performance of Aware. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include the risks that Aware has a new and unproven business model, that Aware depends on a limited number of licensees, that Aware depends on equipment companies to incorporate its technology, and that DSL technology competes with other technologies for broadband access. These and other risks are described in various filings that Aware has made with the Securities and Exchange Commission, which risks are incorporated herein by reference. CONTACT: Aware, Inc. Kristin Griffin (781) 687-0500 kgriffin@aware.com or Marenghi & Associates Nicole Goodnow (781) 239-0057 ngoodnow@marenghi.com "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Aware, Inc's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.