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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology -- Ignore unavailable to you. Want to Upgrade?


To: Walter Morton who wrote (10742)2/4/2000 3:22:00 PM
From: Pamela Murray  Respond to of 18366
 


SEOUL, Korea ?January 17, 2000 ?Hyundai Electronics, Infineon Technologies, Intel Corporation, Micron Technology, Inc., NEC Corporation, and Samsung Electronics, today announced they will cooperatively develop a high-performance advanced DRAM technology targeted for potential applications in 2003 and beyond. Developers anticipate that this DRAM technology will be suitable for multiple cost-effective computing platforms of the future. Under the terms of the agreement, the developers will work together and with industry participants to develop the architecture, electrical and physical design, and related infrastructure for this advanced DRAM technology. The developers will enable the adoption of this advanced DRAM technology by providing application, design and other information needed to develop future chipsets, platforms, and other elements critical to bringing the future memory technology to market.

This advanced DRAM technology will be industry developed. Interested companies can access design information and will be able to provide input in the development process by entering into a participant?s agreement during the development process, specifications will be provided to participants for review and feedback. Final specifications will be made available to all interested parties.

This cooperative development effort between developers and participants will help ensure that the DRAM roadmap is consistent with microprocessor and system architecture evolution in a variety of future systems.

About the Developers
Hyundai MicroElectronics has emerged into a global semiconductor powerhouse, providing complete lines of semiconductor products including DRAM, SRAM, Flash Memory and System IC devices. Focused on producing quality products and maintaining customer satisfaction, combined with the investment of billions of dollars in R&D, Hyundai is taking a leadership role in providing innovative technologies that will further its objective of becoming the Top Semiconductor Company in the world. Hyundai MicroElectronics, The Semiconductor Group of Hyundai Electronics Industries Co., Ltd.

Infineon Technologies AG, Munich, Germany, offers semiconductor solutions for applications in the wireless and wired communications markets, for the automotive and industrial sectors, for security systems and chip cards as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, and in the Asia-Pacific region from Singapore. In the fiscal year 1999 (ending September), the company achieved sales of EUR 4.24 billion (US $ 4.51 billion) with 25,800 employees worldwide. Further information at www.infineon.com

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.

Micron Technology, Inc., and its subsidiaries manufacture and market DRAMs, very fast SRAMs, Flash, other semiconductor components, memory modules, graphics accelerators, and personal computer systems. Micron's common stock is traded on the New York Stock Exchange (NYSE) under the symbol MU. To learn more about Micron Technology, Inc., visit its web site at www.micron.com.

NEC Corporation (NASDAQ: NIPNY) (FTSE: 6701q.l) pioneered the concept of C&C, the integration of Computers and Communications, and is the only company in the world to be counted among top ranking corporations spanning the wide range of fields essential for this vision of multimedia: computers, communications and electron devices. Employing in excess of 150,000 people around the world, NEC saw net sales in fiscal year 1998-99 amount to 4,759 billion yen (approx. US$40 billion). For further information, please visit the NEC home page at: nec-global.com.

Samsung Electronics Co., Ltd., with 1998 sales revenue of US$16.6 billion, is a world leader in the electronics industry. The Korea-based firm has operations in 46 countries and employs 42,000 people worldwide. The company consists of three main business divisions: Multimedia & Home Appliances, Semiconductors and Information & Telecommunications. For more information, visit the website, samsungelectronics.com.






To: Walter Morton who wrote (10742)2/4/2000 9:35:00 PM
From: PartyTime  Read Replies (2) | Respond to of 18366
 
Walter, up front, I don't know the answer to your question.

My speculation, however, is that EDIG's got several irons in the fire, not just with VedaLabs. My theory is the specificity of the respective contracts perhaps can not be finalized until the SDMI decides upon a standard. If EDIG's technology becomes the SDMI standard, then I'd think the terms of many, many deals would be different than if such deals got signed pre-SDMI.

Perhaps there's some kind of sliding scale arrangement whereby the VedaLabs deal can still move forward with use of the technology, however the terms of negotiation for such use would change should EDIG be selected as the SDMI standard. This would enable VedaLabs to move forward but would also enable EDIG to hold back on public release of the deal since the full terms of the deal are not yet final.

Like I said, it's speculation. And more so, this could be the case with other companies besides VedaLabs. If the final figures agreement can not yet be clarified, then EDIG is justified in holding back press. Although I'm sure EDIG would love to release top-notch news simultaneous to achieving the Nasdaq status, I think the SDMI decision is the more likely answer as to why we might be seeing news held back.

Tinroad stated he contacted VedaLabs and was informed by the company that EDIG technology is involved. I don't believe Tinroad would knowingly present false information to us. So based on Tinroad's communication, I'd bet there's substance to the relationship between VedaLabs and EDIG.

Perhaps your question is better directed to Tinroad. In the meanwhile, what's your guess?