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Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?

To: riposte who wrote (28560)	11/11/1997 9:55:00 AM
From: MangoBoy	Read Replies (1) \| Respond to of 31386

[Ariel to exit ADSL market] ariel.com mark ---- Ariel Corporation Announces Its Intention to Divest Itself Of Its ADSL DSLAM Group Ariel Contact: Rod Dorsey ph: (609) 860-2900 e-mail: rod.dorsey@ariel.com FOR IMMEDIATE RELEASE CRANBURY, N.J., November 11, 1997 -- Ariel Corp. (NASDAQ: ADSP) today announced its intention to divest itself of its ADSL DSLAM product group. In January 1996, Ariel formed the group to begin development of an ATM-based ADSL carrier class product targeting the needs of major telecommunication and network service providers. The team's first product, the Horizon DSL Access Multiplexer, was announced and demonstrated at Supercom in June 1997 and is now shipping. The Horizon system is an ADSL solution consisting of the central office equipment (DSLAM), customer premises equipment (modems, PC cards) and Element Management Systems. Horizon is unique among currently shipping products by its support for full end-to-end ATM transport, multiple virtual circuits per subscriber, and ATM QOS (Quality of Service) priority queuing. This feature set allows subscribers to simultaneously access realtime video while cruising the web. Ariel's recent strategic decision to focus on the open systems RAS marketplace has led Ariel to the decision to seek a buyer for the Horizon product line and team. The team, located in Piscataway, New Jersey, consists of a majority of engineers previously employed by AT&T Network Systems and similar large technology-oriented companies. Collectively, this team has a long, successful history of developing complex wide-area data communications systems for telecommunications companies with deep competencies in data transmission, carrier-class systems design, ATM, provisioning, network management, diagnostics, etc. The Company is currently in discussions with potential acquirers as well as exploring other alternatives. An acquisition book is available upon execution of a non-disclosure agreement. About Ariel Ariel Corporation, based in Cranbury, New Jersey, is a high-technology company that designs, manufactures and markets data communications hardware and software products. Founded in 1982, the company has played an important role in proliferating Digital Signal Processing (DSP), the enabling technology driving the emergence of rapidly growing communications markets. Ariel offers the industry's highest density and most cost-effective remote access data solutions for open systems platforms. Ariel's standard and custom remote access products, consisting of 56K (56-kbps), ISDN (64-kbps), and V.34 (33.6-kbps) products, target open systems servers spanning a broad range of applications, including telecommuting, Internet access, corporate Intranet access, on-line services, transaction processing, and unified messaging. Ariel's team of ADSL data communications team is comprised of the experts responsible for the development of the first-ever, complete voice-over-data service, globally-deployed a decade ago. HORIZONT, the first ADSL product to offer true ATM Quality of Service features, is a comprehensive ADSL family of products that gives local exchange carriers (LECs) a turnkey solution to deploy residential broadband data services using both ADSL and Asynchronous Transfer Mode (ATM) technology. For more information, please contact Ariel Corporation at 2540 Route 130, Cranbury, NJ 08512. Phone (609) 860-2900. Fax (609) 860-1155. email: ariel@ariel.com.