SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?


To: Paul Lee who wrote (8288)3/28/2000 4:14:00 PM
From: Scrapps  Read Replies (2) | Respond to of 9236
 
[Clips from the SEC 10-Q] Fast-retrain technology was pioneered by Aware, and we have filed patents to
protect this invention. We believe that G.lite will be embraced by the consumer
electronics industry, including personal computer manufacturers, and that
service providers will begin commercial deployments of G.lite services in the
future.
------------------------------------------------------

We have invented and patented a proprietary communications technology based on
wavelet mathematics called discrete wavelet multitone, or DWMT. We believe that,
as a result of our research and development of DWMT technology, we are a leader
in the commercialization of wavelets for telecommunications. The wavelet
transform yields significantly better subchannelization than the Fourier
transform. This technique more closely approximates ideal subchannelization,
enabling DWMT technology to outperform DMT technology in noisy environments.
-------------------------------------------------------

Patents. We hold eleven patents pertaining to multicarrier modulation for
broadband communications and have eight additional patents pending, all of which
apply to digital signal processing and digital communications. These patents
underlie our technology offerings.
-------------------------------------------------------

In 1993, we began an effort to produce commercially marketable wavelet image
compression software products. We currently offer six software-based compression
products, including:

* WSQ by Aware, which compresses digital fingerprint data for use by law
enforcement agencies such as the Federal Bureau of Investigation;
* AccuPress for Radiology, which compresses digital radiographs and
other types of medical imagery;
* MotionWavelets, which compresses video image data in real time;
* AccuPress for Multimedia, a general-purpose compression product;
* AccuPress for Remote Sensing, which compresses satellite-based remote
sensing imagery; and
* SeisPact, which companies in the oil and gas industry, can use to
store and transmit large amounts of seismic data.

STRATEGIC CUSTOMERS

Our strategy with respect to customers is to select companies based on
development compatibility, market position and the potential for future royalty
revenue. Our strategic customers include the following companies:

Analog Devices, Inc. We began working with Analog Devices in 1993 to develop
ADSL chipsets. Analog Devices has licensed our full-rate ADSL and G.lite
technology. Over the years, we have jointly developed multiple generations of
Analog Devices' DSL chipsets that incorporate our technology, including the
first chipset that implements both full-rate ADSL and G.lite technology. Analog
Devices has announced that it has a number of customers for its chipsets,
including leading companies such as Cisco, Nortel, Lucent, Intel, Hyundai, ECI
Telecom, 3Com and Newbridge Networks.

Infineon Technologies AG. We began working with Infineon, formerly Siemens
Semiconductor, in August 1998. Infineon has licensed our full-rate and G.lite
technology for chipsets targeted at telephone company central office switches.
Their central office chipset brings together our DSL technology and Infineon's
digital signal processor, high-performance broadband subscriber line, and
converter technologies. The Infineon chipset is being used by Siemens in the DSL
upgrade of their EWSD digital electronic switching system.

Intel Corporation. We announced our relationship with Intel in October 1999.
Intel has licensed our full-rate and G.lite technology for DSL solutions
targeted at the residential broadband market. Intel has not publicly announced
any customers at this time.

Lucent Microelectronics Group. We began working with Lucent in December 1997.
Lucent has licensed our G.lite technology for its Wildwire chipset. The Wildwire
chipset is the first personal computer modem chipset for high-speed Internet
access incorporating both G.lite and 56 Kbps technology. Lucent has announced
that several major

10

<PAGE> 11

personal computer and modem manufacturers have selected its Wildwire chipset for
their products. Some of their announced customers include Compaq, Dell,
Hewlett-Packard, and Zoom Telephonics.

NEC Corporation. We began working with NEC in May 1999. NEC has licensed our
G.lite technology for use in its uPD98541 ADSL chipset for customer premises
applications. NEC is the second largest semiconductor manufacturer in the world.
NEC has not publicly announced any customers at this time.

Siemens Information and Communications Networks ("ICN") Group. We began working
with Siemens ICN in September 1998. We entered into an agreement under which we
and Siemens ICN are defining the next-generation architecture for Siemens'
DSL-enabled EWSD digital electronic switching system. Siemens' EWSD product is
the most widely sold carrier-class switching system in the world. The
relationship between Aware and Siemens is intended to produce a specification
for Siemens DSL-enabled central office switches, which will be based on our
G.lite technology.

ST Microelectronics. We began working with ST Microelectronics ("ST") in
December 1998. ST has licensed our G.lite technology for chipsets targeted at
telephone company central office switches. The ST/Aware DSL solution brings
together our G.lite technology and ST's advanced integrated circuits for
communications applications. ST is the third largest seller of
telecommunications chipsets in the world.

3COM/US Robotics. In March 1997, we licensed our full-rate ADSL technology to
3COM (then US Robotics) for use in 3COM's full-rate ADSL product offerings.
3COM/US Robotics DSL product line includes PCI cards, USB modems and office
routers. 3COM/US Robotics is one of the largest sellers of modems in the world.

zzzzzzzzzzzzzzzZZZZZZZZZZZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzZZZZZZZZZZzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz