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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?

To: thomas a. burke who wrote (6367)	4/2/1998 8:44:00 AM
From: David Pawlak	Read Replies (2) \| Respond to of 10479

CHICAGO--(BUSINESS WIRE)--April 2, 1998--Embedded Systems Conference Spring--Osicom Technologies, Inc. (NASDAQ:FIBR), today announced that it has begun volume shipments of NETPrint Pocket(TM) -- the first product to use the company's NET+ARM(TM) network connectivity chip. Announced in February, NETPrint Pocket is the industry's first 10/100 Ethernet pocket print server. This product aptly illustrates the benefits of using NET+ARM -- increased performance and functionality along with a reduced unit cost and footprint. Now users can have 10/100 print server performance, without worry about spatial constraints. NET+ARM is the industry's first complete network connectivity system-on-silicon. The chip allows engineers to add Ethernet and Internet connections to their products. Unlike other connectivity approaches, NET+ARM consolidates all the hardware and software subsystems onto a single chip. Designed specifically for printers, the NET+ARM NCC model features an embedded RISC processor, Ethernet controller, control logic, RTOS, built-in protocol stacks, web-based management, and a complete set of printer and imaging applications. The pocket print server is built using the NCC model. "The start of volume shipments of NET+ARM-based products marks an important milestone in our aggressive marketing plans for this innovative product line," said Cornelius "Pete" Peterson, president of Embedded Networking Solutions Division of Osicom Technologies. "With design wins now totaling twelve, NET+ARM continues to generate enormous interest from a myriad of vertical markets -- from industrial controls to point-of-sale systems." About Osicom Osicom Technologies is a leading provider of integrated networking and bandwidth aggregation solutions for enhancing the performance of existing data and telecommunications networks. The Company combines expertise across multiple disciplines to offer fiber transport, remote access, virtual private networking, video switching and transport, and network systems-on-silicon to carrier and enterprise customers. The Company brings value to its customers by offering end-to-end, single vendor solutions as an integrated set. Osicom's offerings feature open architectures, offer complete scalability and fully support industry standards. The Company's flagship products are the GigaMux family of Dense Wave Division Multiplexers (DWDM) for short-haul Metro applications, the NET+ARM system-on-silicon for network connectivity, and the IQX-200 family of scaleable Remote Access Servers. For additional company, product or financial information, visit the Osicom website, www.osicom.com, or call toll free 888-OSICOM8. For calls originating outside the United States, call 301-317-7710. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties. The forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to develop, produce, and market products that incorporate new technology on a timely basis, that are priced competitively and achieve significant market acceptance; higher expenses associated with the development and marketing of new products; changes in product mix; risks of dependence on third-party component suppliers; inventory risks due to shifts in market demand; the presence of competitors with broader product lines and greater financial resources; intellectual property rights and litigation; needs for liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission. NET+ARM is a trademark of Osicom Technologies, Inc. All other trademarks are the property of their respective owners.