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To: Dealer who wrote (26646)	7/26/2000 8:53:42 AM
From: Dealer	Read Replies (1) \| Respond to of 35685

WIND--Wednesday July 26, 7:59 am Eastern Time Company Press Release Wind River Unveils Products for DO-178B Airborne Systems Software Certification ALAMEDA, Calif.--(BUSINESS WIRE)--July 26, 2000--Wind River Systems, Inc. (Nasdaq:WIND - news), a leading provider of software and services for smart devices in the Internet age, today announced products that address the DO-178B standard for software considerations in airborne systems and equipment certification. Products for DO-178B include Tornado® for DO-178B Starter Kit and Tornado for DO-178B. Both will address DO-178B up to Level A, the highest degree of certification listed in this international standard, targeting extreme software safety requirements. The civil avionics market is expected to reach $6.3 billion by 2004 (Frost and Sullivan). The internationally recognized DO-178B standard is the certification standard of choice in this market. Many aerospace and defense manufacturers, which make up 20% of Wind River sales, need to ensure that their systems are DO-178B certifiable. These manufacturers must spend significant time and money to ensure that their proprietary systems, which sometimes include commercial off-the-shelf (COTS) components, meet the 66 objectives listed in DO-178B to certify their application. Using Wind River's DO-178B-certifiable commercial off-the-shelf (COTS) products helps reduce time-to-market for manufacturers in this competitive market by enabling them to focus on their own area of expertise rather than build these components themselves. It also allows them to leverage additional ready-made technology available from numerous Wind Link(TM) partner program members. ``Real time operating system vendor commitment to the certification initiative for international avionics standards is vital to our industry,'' said Dr. Dudrey Smith, manager support software, Smiths Industries Grand Rapids Division. ``Smiths Industries is very happy to see that Wind River, with its leadership position in embedded software solutions, is meeting this commitment by bringing a new line of certification products to market. Our efforts can be focused on our core strengths and product differentiation, confident that the Wind River DO-178B certification solution will comply with the tedious and exacting certification process.'' In August 2000 Wind River will provide early access to Tornado for DO-178B Starter Kit, which includes a certifiable version of the VxWorks® RTOS. The Starter Kit will be generally available later in 2000. Following the commercial release of Tornado for DO-178B Starter Kit, Wind River will provide the complete solution, Tornado for DO-178B Certification, which will be available in the first half of 2001. This product will include both the certifiable version of VxWorks RTOS as binary and source code as well as over 20 documents containing the very detailed information necessary to support the certification process. ``The complexity of today's sophisticated safety critical applications results in a lengthy and costly certification process,'' said Jerry Fiddler, chairman and co-founder of Wind River. ``Wind River's DO-178B-certifiable products will give customers significantly greater efficiency in deploying aerospace and defense applications built on the VxWorks RTOS. These products show the strength of Wind River's business unit structure and its ability to target customer needs and develop strong, vertically-focussed solutions for this and other markets.'' About DO-178B Developed by the non-profit Radio Technical Commission for Aeronautics (RTCA), DO-178B is the recognized assurance standard for software development within the aerospace and defense industry. Membership in RTCA includes 150 U.S organizations such as the Federal Aviation Administration (FAA) and NASA, as well as 40 international avionics government and business organizations. About Wind River Systems, Inc. Wind River Systems, Inc., windriver.com, is the worldwide leader in embedded software. Wind River provides software development tools, real-time operating systems, and advanced connectivity for use in products throughout the Internet, telecommunications and data communications, digital consumer electronics, digital imaging, networking, medical, computer peripherals, automotive, industrial, and aerospace and defense markets. Wind River is how smart things think. Founded in 1983, Wind River is headquartered in Alameda, Calif., with operations in 15 countries worldwide. Wind River Systems, Tornado, VxWorks and the Wind River Systems logo are registered trademarks of Wind River Systems, Inc. Other names are registered trademarks or trademarks of the respective companies or organizations.

To: Dealer who wrote (26646)	7/26/2000 11:39:49 AM
From: Dealer	Read Replies (1) \| Respond to of 35685

MARKET SNAPSHOT Chip stock tumble hurts Nasdaq Internets also hit By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 11:15 AM ET Jul 26, 2000 NewsWatch Latest headlines NEW YORK (CBS.MW) - A plunge in chip stocks pushed the Nasdaq deep into negative territory Wednesday, with the index registering triple-digit losses. The Dow Industrials also struggled even as investors responded positively to a couple of earnings reports. Chip stocks were the hardest hit, resuming their downward trajectory after a one-day gain on Tuesday. A 19 percent tumble in shares of LSI Logic kept the group under the gun. Internet stocks slumped after Amazon was hit by an analyst downgrade. And EBay also sold off following the release of its quarterly results. In the broader market, drug, oil service, chemical and transportation issues edged higher while financials, paper, and biotech stocks retreated. Market observers believe the major averages won't make any headway until investors get more clarity on revenue growth going forward. The Dow Jones Industrial Average declined 108 points, or 1.0 percent, to 10,590 at 11:12 a.m. Minnesota Mining & Manufacturing posted second-quarter earnings of $1.18 a share, 2 cents ahead of the First Call estimate. The diversified company made $1.17 in the year-ago period. Shares (MMM: news, msgs) rose 1 15/16 to 90 1/4. Read the story. And DuPont (DD: news, msgs) checked in with a second-quarter profit of 90 cents a share, beating the First Call estimate of 88 cents a share. The company made 84 cents in the year-ago quarter. Shares added 3/16 to 43 13/16. See full story. The Nasdaq Composite dropped 122 points, or 3.1 percent, to 3,906 while the Nasdaq 100 Index erased 119 points, or 3.1 percent, to 3,746. The Standard & Poor's 500 Index trimmed 1.2 percent while the Russell 2000 Index of small-capitalization stocks fell 2.0 percent. Separately, came in at 371 million on the NYSE and at 522 million on the Nasdaq Stock Market. Losers beat winners by 14 to 10 on the NYSE and by 25 to 9 on the Nasdaq. Specific movers Amazon shares again came under pressure Wednesday, dragging the Internet sector lower, following a downgrade by Lehman Brothers to a "neutral" from a "buy" rating. "Our ratings change reflects our following ongoing concerns which have intensified in recent quarters. To justify current valuation, the company must expand beyond books, and to date, the company's new businesses have demonstrated a lack of traction," analyst Holly Becker said. Lehman said Amazon looks expensive, even at these lower levels, on virtually every measure. On Tuesday, Amazon's president and operating chief Joseph Galli left the company to become CEO of VerticalNet. Amazon is set to unleash second-quarter earnings after the close Wednesday, with First Call estimating a loss of 35 cents a share. Amazon (AMZN: news, msgs) fell 2 13/16 to 34 13/16 while the Goldman Sachs Internet Index ($GIN: news, msgs) lost 3.4 percent and Merrill Lynch's Internet Holdrs (HHH: news, msgs) fell 3.3 percent. Meanwhile, EBay (EBAY: news, msgs) fell 2 1/8 to 54 1/8. The company posted second-quarter earnings of 5 cents a share, surpassing the First Call estimate of 3 cents a share. Sales grew to $97.4 million, nearly double the $49.5 million witnessed in the year-ago period. Read the story. LSI Logic (LSI: news, msgs) pushed the chip sector lower with its 22 percent drop, or 9 to 31 1/2. The Philadelphia Semiconductor Index ($SOX: news, msgs) fell and is down 9.7 percent for the month. Also moving lower were shares of Rambus (RMBS: news, msgs), down 13 percent, or 10 7/8 to 74 1/8, and Advanced Micro Devices (AMD: news, msgs), down 3 7/8, or 4.8 percent, to 74 7/8. LSI reported late Tuesday a second-quarter profit from operations of 29 cents a share, matching the First Call estimate. Lehman Brothers' Dan Niles said revenue growth was "$20 million light due to near-term execution issues." Still, Lehman said the stock remains attractive on a valuation basis. But Salomon Smith Barney downgraded LSI to a "neutral" from a "buy" rating while Bear Stearns lowered it to an "attractive" from a "buy." Compaq Computer (CPQ: news, msgs) added 1 to 29 1/16. Late Tuesday, the company posted second-quarter earnings of 21 cents a share, in line with the First Call estimate. In the year-ago quarter, the company made 10 cents a share. Read the story. The company received a number of upgrades: Chase H&Q upped the company to a "strong buy" from a "buy" rating, Bear Stearns to a "buy" from "attractive," PaineWebber to "attractive" from "neutral" and Donaldson Lukfin & Jenrette to a "top pick" from a "buy." See Rating Revisions. Canada's Nortel Networks (NT: news, msgs) posted a second-quarter profit from operations of 18 cents a share, beating the First Call estimate by 3 cents. Nortel's optical business grew 150 percent and the high-speed Internet segment 80 percent while wireless sales rose 18 percent. See full story. The stock fell 3 1/2, or 4 percent, to 83 1/4. Xerox unveiled its quarterly results and warned of "a need for a significant downward adjustment to current second half expectations." The company (XRX: news, msgs) met Wall Street's downwardly revised estimates by posting a profit from operations of 30 cents a share in its second quarter. The company warned of lower estimates in mid-June. The stock was down 1 3/16, or 6.5 percent, to 17. See full story. Treasury focus Government prices rose a sliver with no news on the economic front Wednesday to inspire trading activity. The 10-year Treasury note added 3/32 to yield 6.02 while the 30-year bond gained 3/32 to yield 5.80 percent. See Bond Report. Though there's no data out Wednesday, there will be plenty of economic news to chew on Thursday and Friday with the second-quarter employment cost index and gross domestic product numbers due out. View Economic Preview, economic calendar and forecasts and historical economic data. In the currency arena, dollar/yen added 0.1 percent to 109.25 while euro/dollar edged up 0.3 percent to 0.9407. See latest currency rates. In the commodity market, September crude eked out a gain of 3 cents to $27.98 while the Bridge CRB index edged up 0.04 to 218.37. Julie Rannazzisi is markets editor for CBS.MarketWatch.com.