steve,
hot of wire, cadence systems and amtx.
gw
News Alert from PR Newswire via Quote.com
Topic: Amati Communications Corp
Quote.com News Item #4452172
Headline: Amati Teams With Cadence on ADSL Design Agreement; Cadence to Assist
Amati in Implementing Cost-Reduced ADSL/DMT Modems for Service Rollout
======================================================================
SAN JOSE, Calif., Nov. 5 /PRNewswire/ -- ADSL pioneer and leader, Amati
Communications Corporation (NASDAQ:AMTX), and Cadence Design Systems, Inc.,
(NYSE:CDN) the world's leading supplier of electronic design software and
services, today announced the signing of a long-term, multi-million dollar
agreement for joint design efforts in future xDSL products. The plan is to
combine Amati's leading standards-based ADSL technology and the expertise of
Cadence's Telecommunications Design Center in Ottawa to help create a lower
cost version of Amati's ADSL/DMT designs. Additionally, the two companies
will be positioned to work together on future designs, enabling newer
generations of standards-based xDSL products.
"We believe the agreement with Cadence will accelerate Amati's efforts to
meet the industry targets for costs per line of ADSL installations," said
James Steenbergen, President and CEO of Amati. "The combination of the Amati
xDSL know-how and Cadence design expertise will help accelerate important
solutions for future xDSL service offerings. The xDSL service providers will
gain by having the combined resources of the two companies working toward more
cost-effective product solutions."
Amati products include the Overture 8, the industry's highest speed and
lowest power consumption DMT modem for standard ADSL services. It is designed
for high volume production and is capable of speeds greater than 8 Mbps
downstream and up to 640 Kbps upstream. The Amati Allegro is a flexible
central office platform that consolidates data traffic into a single
high-speed pipe, providing a platform for mass ADSL services rollout. The
Allegro holds 12 Overture 8, Model 810 modems in a 6RU shelf and is designed
specifically for central office environments with its -48V power input and
NEBS compliance. Amati's ADSL View SNMP Manager is a GUI-based element
manager that permits central site administration and management of an Amati
ADSL network.
Cadence's Ottawa Design Center specializes in the specification, design
and productization of chips, subsystems and complete products for the
telecommunications marketplace. The management and design team is
particularly experienced in the demanding process of taking promising
technologies from prototypes through to fully manufacturable volume products.
Amati Communications Corporation
Amati is a pioneer and leading developer of advanced transmission
equipment utilizing DMT technology for the ADSL, Very High-Speed Digital
Subscriber Line (VDSL) and xDSL markets. Amati recently announced execution
of a merger agreement with Westell Technologies, Inc. (Nasdaq: WSTL.) Amati
is the holder of the ADSL/DMT patents and has licensed the technology to
companies such as Alcatel, Analog Devices, Inc., Motorola and PairGain
Technologies, Inc. The ADSL/DMT technology, recently selected by BC TEL,
Canada for a proposed roll out of commercial ADSL services, is an effective
means of transmitting high-speed data over existing copper phone lines, making
Internet access, interactive services, broadcast quality video and
video-on-demand realizable to many subscribers. Amati is currently involved
in trials and service offerings of ADSL at speeds from 1.5 Mbps, for
applications ranging from Internet access to broadcast video. The trials are
worldwide, with companies such as BC TEL, GTE, Siemens, Philips, Italtel,
Tadiran and Samsung. Examples of international ADSL solutions include the
first standards-based ADSL service in Canada and Data and Video residential
services at 8 Mbps in France. In the U.S., Amati is providing ADSL/DMT
equipment for GTE's Internet access and work-at-home trials.
Amati also provides network connectivity systems for the internetworking
and OEM marketplaces. The company's connectivity products include local area
network gateways, client-based workstation software and network data
communications interfaces. For more information about Amati Communications,
see the company's website at amati.com.
About Cadence
Cadence Design Systems, Inc. provides comprehensive services and
technology for the product development requirements of the world's leading
electronics companies. Cadence is the largest supplier of software tools and
professional services used to accelerate and manage the design of
semiconductors, computer systems, networking and telecommunications equipment,
consumer electronics, and a variety of other electronic-based products. With
more than 3,500 employees and 1996 annual sales of $742 million, Cadence has
sales offices, design centers, and research facilities around the world. The
company is headquartered in San Jose, Calif. and traded on the New York Stock
Exchange under the symbol CDN. More information about the company, its
products and services may be obtained from the World Wide Web at
cadence.com.
Statements made in this press release which are not historical, including
statements regarding product demonstration, product capabilities and markets,
are forward looking statements and as such are subject to a number of risks.
Please see the Company Annual Report and Form 10-K for the 1996 and
1997 fiscal years and other reports filed with the Securities and Exchange
Commission for additional disclosure regarding such risk factors.
SOURCE Amati Communications Corporation
-0- 11/05/97
/CONTACT: Carol Felton of Simon/McGarry Public Relations, 408-746-0911,
or cfelton@shandwick.com, for Amati; or Benjamin W. (Tac) Berry of Amati
Communications, 408-879-2035, or bberry@amati.com; or Jim Lochmiller of
Cadence Public Relations, 408-944-8095, or jiml@cadence.com/
/Web site: amati.com |
