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Technology Stocks : Orckit (ORCT) -- Ignore unavailable to you. Want to Upgrade?


To: erin4 who wrote (886)1/21/1998 4:19:00 PM
From: Claude Edelson  Respond to of 1998
 
Any connection? Harris/Lucent encoder announcement and
Orckit and Harris Sign a Definitive Agreement and Announce New VDSL Chipset Scheduled to be Released in Q2 '98

MELBOURNE, Fla., Aug. 13 -- Harris Semiconductor (NYSE:HRS) and Orckit Communications Ltd. (Nasdaq:ORCTF), have signed a definitive agreement for the development of a new advanced VDSL chipset, HC6100.

The HC6100 is a high performance, low-priced chipset that will enable widespread deployment of integrated VDSL modems in 1998. It is based on Orckit's DSL modem technology and Harris Semiconductor's mixed signal and analog expertise. Chipset samples are expected to be available by Q2 1998. They will be priced to enable equipment vendors to offer their telecom operator customers VDSL modems at $500 per line, in volume installations.

''We feel that there is a serious intention among telecom operators to deploy VDSL,'' said Izhak Tamir, Orckit President. ''In May of 1996, we signed a memorandum of understanding with Harris and together placed a team of forty engineers on the VDSL chipset development. The HC6100 is now in a very advanced stage of development.''

The chip development process is strongly shaped by the companies' ongoing contact and accumulated experience with telecom operators who have tested Orckit's VDSL prototype and are providing their inputs into the final product.

''We expect the combined powers of Harris and Orckit to set a new level of high performance for mass production VDSL chipsets,'' said Mick Denham, Vice President of Signal Processing Products for Harris. ''It is becoming more evident that VDSL will be a core market segment for certain carriers. Our high performance, low cost VDSL chipset should enable VDSL to meet the rapidly increasing demand for broadband access to medium and small businesses, and residences. We already have advance commitments from vendors who intend to use our chipset.''

VDSL, which stands for Very high bit rate Digital Subscriber Line, is a technology that allows data transmission at speeds up to 52 Mbps downstream over a regular copper telephone wire, and supports Full Service Network (FSN) applications such as high definition television, interactive multimedia, Internet access and ATM to the Home.

Harris Corporation's Semiconductor sector manufactures discrete semiconductors and integrated circuits, and focuses on the communications, multimedia and power control markets. The company has sales offices worldwide and manufacturing facilities in Palm Bay, Florida; Mountaintop, Pennsylvania; Findlay, Ohio; Dundalk, Ireland; and Kuala Lumpur, Malaysia.

Harris Corporation, with worldwide sales of $3.8 billion, is an international communications and electronics company that provides a wide range of products and services such as wireless and personal communications, digital television (HDTV), health care information, multi-media communications, automotive electronics, transportation, business information, defense communications and information, and Lanier office products.