To: SteveG who wrote (3618 ) 5/15/1998 1:35:00 PM From: David Lawrence Read Replies (1) | Respond to of 9236
No mention of Aware, but... TUSTIN, Calif.--(BUSINESS WIRE)--May 15, 1998--PairGain Technologies Inc. (NASDAQ:PAIR) Friday announced that it has received an Innovation Award from the Southern California chapter of the American Electronics Association (AEA). Each year the AEA recognizes companies for the development of ingenious products and technologies. PairGain was nominated and awarded the honor for the development of Falcon, a single-chip ADSL (Asymmetric Digital Subscriber Line) processor that enables the transfer of data, video and voice communications at speeds of over 8 megabits per second over ordinary copper telephone lines. ADSL is being used today by telephone companies to deliver high-speed Internet access and other advanced services to homes and businesses. PairGain was announced as the winner on Thursday, May 14, at the 5th Annual AEA Innovation Awards ceremony in Orange County, Calif. More than 250 representatives from technology companies in Orange County attended the event. "We are honored that PairGain was selected from such a prestigious list of nominees from numerous technology companies," said Ben Itri, PairGain's chief technical officer and co-founder. "The engineering team that developed the Falcon ADSL solution brought an incredible amount of expertise to this project, and we are pleased that they received this well-deserved recognition." The Falcon chip is the telecommunications industry's first single-chip DMT ADSL processor. ADSL enables the transfer of data at high speeds over ordinary copper telephone lines. These rates are more than 100 times faster than today's prevalent 56 kbps modems and more than 50 times faster than ISDN. The Falcon single-chip solution supports the industry standard for ADSL and will support ADSL "lite," a new version of ADSL that will simplify modem deployment and make ADSL modems as easy to install as regular modems, thus making wide scale ADSL deployment feasible and cost effective. Recently, PairGain and Rockwell Semiconductor Systems (RSS), another Orange County-based company, entered into an exclusive agreement whereby Rockwell will license PairGain's Falcon ADSL technology. RSS, the consumer modem chipset market leader, will offer the Falcon chip to retail modem manufacturers and PC OEMs, with PairGain integrating its Falcon technology into a line of telephone company central office solutions and high-end modems geared towards the business user. About PairGain Technologies PairGain Technologies is the market leader in the design, manufacture and marketing of advanced xDSL communications systems. PairGain's products allow network service providers and organizations with private networks to rapidly deploy high-speed data, video and voice services to end users over the existing infrastructure of copper telephone lines. PairGain's HiGain, PG-Plus, PG-Flex, Megabit Access and campus area network products are marketed under the trademark CopperOptics(R), indicating their ability to provide fiber optic quality transmission over the "last mile" in both public and private networks worldwide. Except for the historical information contained herein, the matters discussed in this announcement are forward-looking statements which involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors affecting the company's operations, markets, products, services and prices and other factors discussed in the company's filings with the Securities and Exchange Commission.