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To: GVTucker who wrote (172829)2/5/2003 10:21:10 AM
From: Road Walker  Read Replies (1) | Respond to of 186894
 
Continuous Computing Completes Purchase of the Trillium Portable

Software Assets of Trillium Digital Systems, Inc., an Intel Company

Business Editors & High-Tech Writers

SAN DIEGO--(BUSINESS WIRE)--Feb. 5, 2003--Continuous Computing Corporation (CCPU), a leading provider of high availability computing solutions for network equipment manufacturers, today announced it has closed its purchase of Trillium(R) branded portable software products and certain associated intellectual property rights from Trillium Digital Systems, Inc., an Intel company. Under the terms of the asset purchase agreement, the Trillium protocol stacks as well as a number of Intel's Los Angeles-based engineers and worldwide sales and support staff, have become part of CCPU.

CCPU will maintain the Trillium model of licensing source code and providing support to customers. In addition, CCPU will offer tightly integrated source, binary, board and system solutions so that customers may have options as to the market entry point that provides the most value.

"With the closing of the acquisition, CCPU can deliver every element of a central office platform solution in VoIP, wireless, signaling and broadband," said Ken Kalb, CEO, Continuous Computing Corp. "For the past five years CCPU has focused on providing the `gold standard' for high availability platform solutions for network equipment manufacturers with a view towards true open standards, regardless of processor architecture or operating system. Now, with the Trillium products and our existing award-winning high availability hardware and software products, this vision has come to fruition."

About Continuous Computing

Continuous Computing Corporation is a leading provider of high availability platforms to network equipment manufacturers for a range of telecom markets, including IP telephony, wireless communications, signaling and intelligent networking systems. CCPU solutions include tightly integrated software and hardware elements that enable rapid development of built-to-order systems. The company's products are widely deployed in telecom central offices, at the core of the network. Key customers include Alcatel, Cisco, Ericsson, Spatial Wireless and Tellabs. CCPU is ISO 9001 certified and its solutions are NEBS-compliant. CCPU is privately held and is based in San Diego, Calif. Additional information about CCPU is available at www.ccpu.com or by calling 858-882-8800.

--30--jc/la*

CONTACT: for Continuous Computing Corporation

Erica Zeidenberg, 925/631-0553

KEYWORD: CALIFORNIA

INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS HARDWARE NETWORKING SOFTWARE TELECOMMUNICATIONS

SOURCE: Continuous Computing Corporation



To: GVTucker who wrote (172829)2/5/2003 1:16:39 PM
From: Dave Budde  Respond to of 186894
 
Re: repricing.

A company has many alternatives to effect a "repricing" without actually repricing. I have seen Intel do this twice. Each time they issued new options at new grant prices with new exercise dates (which were pushed out from the previous dates). The recipient could choose to either keep their current options with existing but closer in time exercise dates, or cancel current options and take the new options with pushed out dates (generally by 6-12 months).

I saw Microsoft do a variant of this by just issuing additional options at the current price across the board based on some formula relative to existing options held.