Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : BLUE WAVE SYSTEMS-BWSI A comer in telecom -- Ignore unavailable to you. Want to Upgrade?

To: John F Beule who wrote (125)	10/11/2000 8:42:34 AM
From: John F Beule	Read Replies (1) \| Respond to of 170

Wednesday October 11, 7:31 am Eastern Time Press Release Blue Wave Systems Announces Volume ComStruct Orders of $2.5 Million from Leading Wireless Infrastructure Equipment Provider CARROLLTON, Texas--(BUSINESS WIRE)--Oct. 11--Blue Wave Systems Inc. (NASDAQ: BWSI - news) has announced volume ComStruct(TM) orders from a leading provider of wireless solutions for next generation telecommunications services. The latest orders - worth $2.5 million - will support the customer's powerful platform for next generation wireless networks. Blue Wave Systems shipments of the ComStruct CPCI/C6400 CompactPCI® platform to the customer against these orders totalled $0.5 million in fiscal Q1 and the company plans to ship a further $1.5 million during the current fiscal year. Blue Wave Systems' ComStruct is a set of modular and scalable communications processing building blocks that includes hardware, software and DSP resources. ComStruct enables telecom infrastructure equipment manufacturers to develop, test and deploy carrier-class wireless and wireline technology for applications ranging from 3G wireless to Voice over IP. At the heart of ComStruct is the FACT(TM) software framework that enables customers to easily incorporate commercially available or proprietary algorithms for the rapid development and full deployment of high-density telecom applications. For more information on Blue Wave's ComStruct solutions visit bluews.com. Blue Wave Systems is a leading supplier of high-channel Digital Signal Processing (DSP) subsystems used in telecommunication infrastructure equipment, such as voice over packet (VoIP) gateways, digital wireless communications and intelligent peripherals. The ComStruct(TM) line of telecom infrastructure communication processing subsystems was launched in January 1999. At the heart of the ComStruct(TM) line is the company's FACT(TM) software (Framework Architecture for Communication Technologies), which enables the DSP subsystem to be rapidly and effectively deployed in a variety of carrier class telecom applications. Blue Wave Systems has been a market leader in DSP board-level products since 1983. For additional information, please visit our company's web site at www.bluews.com. ComStruct and FACT are trademarks of Blue Wave Systems Inc. All trademarks are acknowledged. This press release contains forward-looking statements which are based on expectations of the Company but involve a number of risks and uncertainties, including, but not limited to, technological change, quarterly fluctuations, integration of Mizar and Loughborough Sound Images, dependence on the defense industry, dependence on key suppliers and employees, competition, and Year 2000 compliance. The foregoing list should not be construed as exhaustive and the Company disclaims any obligation subsequently to revise forward-looking statements to reflect unanticipated events. For a further explanation of risk factors please see the Company's most recent SEC filings. The Company further cautions users who may utilize published bookings and backlog information as tools to forecast the company's revenue during a given timeframe since certain purchase orders may be subject to 1) cancellation and, 2) revision to delivery schedules. Ref: 041/1000 -------------------------------------------------------------------------------- Contact: Blue Wave Systems Shreekant Raivadera, +44 (0) 1509 634461 (Media) sraivadera@bluews.com or Don Crosbie, 972/277-4609 (Investor Relations) dcrosbie@bluews.com