Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?

To: Ronald M. Moore who wrote (3230)	4/7/1998 9:52:00 AM
From: David Lawrence	Read Replies (4) \| Respond to of 9236

BEDFORD, Mass.--(BUSINESS WIRE)--April 7, 1998--Aware, Inc. today announced a licensing and development agreement with Lucent Technologies Microelectronics Group for a new type of Digital Subscriber Line (DSL) technology that Lucent will incorporate into its DSL chip sets. Under the agreement, Aware will provide Lucent with its DSL-Lite DMT (discrete multitone) technology, which eliminates the need for a voice-data splitter on the customer's side of the connection. This means a service provider can offer this technology to consumers without having to send a technician to customers' homes to install new wiring and a splitter. Financial terms of the agreement were not disclosed. Lucent will manufacture a chip set incorporating the Aware technology. Lucent plans to begin shipping sample chip sets incorporating technology and software from Aware in the third quarter of 1998. The chip set will be part of Lucent's WildWire(tm) offering. "Aware is a pioneer in splitterless DSL technology," said Bob Rango, general manager of modem and multimedia market development for Lucent's Microelectronics Group. "That's why Lucent chose to incorporate Aware technology into its DSL-Lite products." WildWire will offer consumers high-speed Internet access over ordinary telephone lines and will be as convenient to install in PCs as analog modems are today. It eliminates the need for additional equipment or modified wiring at the customer's home, and users will be able to download information from the Internet and simultaneously hold a telephone conversation over the same wire that now brings voice service to their home. With download speeds of up to 1.5 Mbps(a), WildWire is nearly 30 times faster than today's fastest analog modems. DSL technology converts analog telephone lines into digital lines by adding a line-interface device in the telephone company's central office and a DSL modem at the subscriber's home. Customers must also subscribe to DSL service from their telephone service provider. "Aware is pleased to be working with Lucent to create the infrastructure that will usher in a new era of high-speed consumer Internet access," said Jim Bender, president and chief executive office of Aware. The Aware DSL technology will be consistent with an industry standard being developed by the Universal ADSL Working Group (UAWG), a consortium of leaders from the PC, networking and telecommunications industries. Lucent and Aware are both members of the UAWG, which plans to propose a standard later this year for a simplified version of Asymmetric Digital Subscriber Line (ADSL) technology that will deliver to consumers high-speed modem communications over standard phone lines.