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To: Dealer who wrote (9438)	3/28/2000 7:49:00 AM
From: Dealer	Read Replies (2) \| Respond to of 35685

TERN--Terayon Acquires Ultracom for Broadband Systems-on-Silicon; Expands Terayon's Broadband Silicon Portfolio to Wireless and DSL BUSINESS WIRE - March 27, 2000 16:18 SANTA CLARA, Calif., Mar 27, 2000 (BUSINESS WIRE) -- Terayon Communication Systems, Inc. (Nasdaq:TERN), a leading supplier of broadband network systems, today announced a definitive agreement to acquire Ultracom Communications Holdings (1995) Ltd., a privately held supplier of broadband systems-on-silicon. The acquisition of Ultracom adds to Terayon's growing broadband portfolio, supporting communication over DSL (digital subscriber line) and wireless media. Ultracom's efficient silicon subsystems, multitone technology, and broadband access protocols complement Terayon's growing broadband portfolio. Ultracom is well positioned to capitalize on the anticipated growth expected for broadband wireless systems based on MMDS and LMDS (Multichannel Multipoint Distribution System/Local Multipoint Distribution System). Terayon CEO Zaki Rakib stated, "The acquisition of Ultracom further expands Terayon's broadband systems-on-silicon expertise and intellectual property. This reinforces our strategy of delivering innovative broadband approaches for voice, data and video, over any medium -- cable, DSL and wireless." Under terms of the agreement, shares of Terayon common stock valued at approximately $32 million will be exchanged for all outstanding securities of Ultracom. The acquisition will be accounted for as a purchase and is expected to close in the second quarter. This acquisition has been approved by Terayon's board of directors and is subject to various closing conditions. Ultracom Communications, Inc. was founded in January 1996 to develop, manufacture and market advanced transmission solutions that enable highly reliable and cost-effective two-way digital communications on cable television facilities. Ultracom supplies VLSI-based subsystems to telephony and data communications equipment manufacturers worldwide. Terayon Communication Systems provides innovative broadband networking solutions for advanced broadband voice, data and video services. The company's cable data access systems, digital video systems, and broadband telephony systems are deployed by leading cable operators worldwide. The company's xDSL access systems deliver innovative telephony and data solutions for the growing SOHO business market. Terayon, based in Santa Clara, Calif., USA, has sales and support offices worldwide, and is traded on the Nasdaq under the symbol TERN. Terayon can be found on the web at www.terayon.com. "Safe Harbor" Statements under the Private Securities Litigation Reform Act of 1995: Except for the historical information contained herein, this news release contains forward-looking statements, estimates, and assumptions by the Company and other parties that involve risks and uncertainties, including the Company's ability to successfully integrate any acquired companies, the Company's ability to gain new business and offer new products, the expansion of operations by the Company's customers and the deployment of the Company's products in specific markets, as well as the other risks detailed from time to time in the Company's filings with the SEC. Note to Editors: Terayon, the Terayon logo, TeraPro, TeraLink, and TeraComm are registered trademarks of Terayon Communication Systems, Inc. TeraView and CherryPicker are trademarks of Terayon Communication Systems, Inc. All other trademarks are property of their respe