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Technology Stocks : Oak Technology (OAKT) -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (3526)	11/10/1997 7:48:00 AM
From: coopie	Read Replies (1) \| Respond to of 4335

OAKT NEWS - Story # 1 Headlines Previous Story Next Story Oak Technology Announces First AC '97 Dual Codec; The OTI-612 Integrates Five-In-One Functionality Within Single-Chip Package Business Wire - November 10, 1997 07:29 %OAK-TECHNOLOGY OAKT %CALIFORNIA %MASSACHUSETTS %COMPUTERS %ELECTRONICS %COMED %INTERACTIVE %MULTIMEDIA %INTERNET %PRODUCT V%BW P%BW SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 10, 1997--Oak Technology (NASDAQ:OAKT), a provider of high-performance multimedia semiconductors and related software, today announced its OTI-612 combined audio and telephony codec. This offering from Oak becomes the first available AC'97-compliant dual codec, combining five key functions within a single chip package. In addition to combining audio and modem functions, the OTI-612 has an integrated headphone amplifier, tone control, circuit-side DAA (Data Access Arrangement) support from Krypton Isolation, Inc., and direct isolation transformer drive capability. Crucial to this introduction is Oak's ability to package into one chip those features which typically exist within separate components as well as reduce circuit complexity and ultimately, OEM component costs. OTI-612 MODIFIES AUDIO EXPECTATIONS AND DELIVERABLES Within its single package design, the OTI-612 allows digital audio signals to be converted to analog data output while also allowing analog audio sources to be digitized for capture and processing within a PC. The modem functionality of the codec allows digital data to be converted into audio tones for transmission across regular P.O.T.S. (plain old telephone service) lines and vice versa. For on-line gaming and entertainment, this combination of features and design integration is not only essential, but highly desirable. The audio codec permits simultaneous recording and playback of stereo audio. The modem codec permits full duplex data operation (transmit and receive) simultaneously. Both codecs operate independently of each other and can also be used simultaneously. In addition, Oak has become one of the first manufacturers to integrate the Krypton circuit-side DAA. This design allows OEMs to reduce component count when incorporating the Krypton world programmable solid state DAA into their modem designs, thereby creating a single modem design that can be produced and used worldwide. "The OTI-612 dual audio and telephony codec supports the industry requirements for high-quality audio performance as well as high-speed data transfer up to 56Kbits/second," said Ken Boyce, Director of the Audio/Communications Business Unit at Oak Technology. "Also, the unique five-in-one feature set within the OTI-612 permits OEMs to build smaller and more cost-effective audio and telephony solutions." Oak's audio business unit, a provider of both component level solutions and multimedia software, delivers the OTI-612 in anticipation of a progressive move from ISA-solutions to PCI-solutions. As gaming across the Internet becomes more popular, board-level OEMs seek solutions which encompass both the audio and telephony components in smaller packages so that capabilities can be placed not only within desktop PCs, but within notebook units as well. The OTI-612 requires less real estate and contains more integrated functionality, delivering on Oak's commitment to continue improving system performance and reducing system cost. PRICING AND AVAILABILITY Production-ready samples of the OTI-612 are available immediately through Oak Technology. Pricing for OEM quantities (10K+) is approximately $7. The foregoing statements may consist of forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Factors that could cause actual outcome to differ materially from those set forth include, without limitation, the rate of adoption of new technology, market acceptance of the product, competitive pricing actions and marketing programs, among others. For a discussion of such risks, see the Company's most recent SEC form 10-K and 10-Q. ABOUT OAK TECHNOLOGY Founded in 1987, Oak Technology, Inc. designs, develops and markets high-performance multimedia semiconductors and related software to original equipment manufacturers worldwide who serve the PC, consumer electronics, and digital office equipment markets. It has subsidiaries in Japan (Oak Technology K.K.), Taiwan (Oak Technology, Taiwan) and Andover, Massachusetts. (Pixel Magic). The Company completed its initial public offering in February 1995. Additional information about Oak Technology and its products can be found on the World Wide Web at www.oaktech.com . Note to Editors: Oak Technology and the Oak logo are registered trademarks of Oak Technology, Inc. Pixel Magic is a trademark of Oak Technology, Inc., a subsidiary of Oak Technology. All other product names or company names are mentioned for identification purposes only, and may be trademarks of their respective owners. CONTACT: McGrath/Power Public Relations Wendy Bulawa, 315/675-8828 wbulawa@earthlink.net or Kevin Toyama, 408/727-0351 kevin_toyama@mcgrathpowerpr.com