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Technology Stocks : Applied Micro Circuits Corp (AMCC) -- Ignore unavailable to you. Want to Upgrade?

To: fellow who wrote (38)	4/6/1998 4:56:00 PM
From: MTESCH	Read Replies (1) \| Respond to of 1805

Found this searching for news on AOL. AMCC Develops New Chipset for Leitch Technology Corp. SAN DIEGO--(BUSINESS WIRE)--April 6, 1998-- Prototype Serializers/Deserializers Developed For Broadcast Video (HDTV) Environment Equipment Demonstration at NAB-98 in Las Vegas Applied Micro Circuits Corp. (Nasdaq:AMCC) Monday announced that Leitch Technology Corp. has selected AMCC to develop an ASIC prototype chipset for use in the Broadcast Video market. The 1.5 Gbps silicon solution is aimed at meeting the higher bandwidth and resolution requirements for the emerging digital television and the broadcast video (HDTV) environment. The AMCC products Lantern 1 and Lantern 2, the serializer/deserializer ASIC chipset is based on AMCC's proven micro Power bipolar process and Phased Locked Loop (PLL) designs. In order to meet the new broadcast video HDTV standards, the designers of the broadcast video studio equipment for HDTV, must focus on developing systems that will provide the increased resolution and performance required for the new digital television. AMCC's expertise in high performance transceivers/receivers and serial backplane ICs facilitated their ability to adapt in-house technology to meet Leitch Technology's needs now. "The AMCC serializer/deserializer chip set allowed us to quickly and cost effectively design an entire suite of new HDTV products for announcement at the NAB-98 Show in Las Vegas. The quality of the chips and the attentive nature of AMCC's support organization has been second to none," said Richard Kupnicki, vice president of research and development for Leitch Technology. "We are proud to have the opportunity to assist Leitch Technology's advancement in the broadcast video industry, by developing this new chipset for their next generation of broadcast video/router HDTV equipment," said Jack Basi, AMCC's director of marketing for datacom and computer products. "AMCC is dedicated to being responsive to our customers' needs which helps them to be leaders in their markets." Leitch Technology designs and manufactures electronic equipment to distribute, process, and switch high quality video and audio signals required by television broadcast facilities, independent and post-production studios, and telecomm companies worldwide. AMCC designs, develops, manufactures and markets high-performance, high-bandwidth silicon solutions for the world's communication infrastructure. The company utilizes a combination of high-frequency, mixed-signal design expertise and multiple silicon process technologies to offer IC products for the telecommunications market that address the SONET/SDH and ATM transmission standards and for the data communications markets that address the Gigabit Ethernet, ATM and Fibre Channel transmission standards. AMCC's core technologies also address ATE and high-speed computing needs. AMCC's corporate headquarters and wafer fabrication facilities are located in San Diego. Sales and consulting engineering offices are located throughout the world. For further information regarding AMCC and its products, write: Marketing Communication Department, AMCC, 6290 Sequence Drive, San Diego, Calif. 92121-4358; or call 800/755-AMCC (800/755-2622) or 619/450-9333; or fax 619/450-9885; or e-mail nwpr@amcc.com; or visit the company's Web site at amcc.com. -0- Except for historical information contained herein, the matters set forth in this news release are forward looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward looking statements, including such factors as the rescheduling or cancellation of orders by customers; fluctuations in the timing and amount of customer requests for product shipments; fluctuations in manufacturing yields and inventory levels; changes in product mix; the company's ability to introduce new products and technologies on a timely basis; the introduction of products and technologies by the company's competitors; the availability of external foundry capacity, purchase parts, and raw materials; competitive pressures on selling prices, the timing of investments in research and development; market acceptance of the company's and its customer's products; the timing of depreciation and other expenses to be incurred by the company in connection with the expansion of its existing manufacturing facility and in connection with its proposed new manufacturing facility; the timing and amount of recruiting and relocation expenses, prototyping costs and promotional expenses; costs associated with future litigation, if any, including without limitation, litigation relating to the use of ownership of intellectual property; costs associated with compliance with applicable environmental regulation; general semiconductor industry conditions; and general economic conditions, including, but not limited to, economic conditions in Asia and the risk factors that are detailed in the Final Prospectus relating to the recent initial public offering of the company's Common Stock, the Preliminary Prospectus relating to the company's current public offering, and the company's other filings with the Securities and Exchange Commission. CONTACT: Applied Micro Circuits Corp. Bill Berridge or Mary Pund 619/535-4260 or -6523 E-mail: billb@amcc.com maryp@amcc.com or Leitch Technology Corp. Katherine Austin 416/445-9640; 416/445-4144 (fax) E-mail: katherine.austin@leitch.com KEYWORD: CALIFORNIA BW1546 APR 06,1998 Sounds good..... MT