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: Captain James T. Kirk who wrote (3851)	6/17/1998 10:29:00 AM
From: Scrapps	Respond to of 9236

Company Press Release Aware Recognized by FORTUNE Magazine as One of 12 Cool Companies BEDFORD, Mass.--(BUSINESS WIRE)--June 17, 1998--Aware, Inc. (NASDAQ:AWRE - news), a worldwide leader in xDSL (Digital Subscriber Line) technology for high-speed Internet access, announced today it has been named a 1998 Cool Company by FORTUNE. One of 12 companies selected, Aware was recognized for its ''exciting and cool management, products, ideas and technology.'' Aware's ADSL (Asymmetric Digital Subscriber Line) technology enables users to send or receive data over existing copper telephone lines up to 300 times faster than what is possible with a standard 28.8 kbps modem, simultaneously with normal telephone service. All this can be done using one existing phone line. Aware's DSL-Lite technology brings the advantages of ADSL to consumers without requiring the installation of a special device known as a splitter at every home. This ''splitterless'' technology is up to 52 times faster than today's 28.8 kpbs modems. DSL-Lite, targeted for retail availability in high-end PCs later this year, will give consumers ultra-fast Internet service with the use of an ordinary modem. ''Aware has taken a leadership role in xDSL technology, and it is an honor to be recognized by FORTUNE,'' said Michael A. Tzannes, president and chief executive officer of Aware. ''Aware's technology and software uniquely enables the telecommunications, data communications and PC industries to meet the increasing need for high-speed Internet access.'' While Cool Companies is the most subjective of any of FORTUNE's lists, it has generated many picks that have proven to be savvy investments. Over the past five years, FORTUNE has dubbed 125 firms Cool Companies. If a person had invested $1,000 in the 42 companies that either were publicly traded when they appeared on the FORTUNE list, or had IPOs after FORTUNE named them as a ''Cool Company,'' that investor would now have $76,830, a tad better than the S&P 500 stock index which would have turned that $42,000 into $75,223. That return handily beats the returns on two indices that track smaller or more tech-oriented companies: the Nasdaq composite ($69,453) and the Russell 2000 index ($60,498). ''FORTUNE's Cool Companies'' will be featured in the July 6 issue, which will appear on newsstands June 22 and immediately on FORTUNE's Web site at www.pathfinder.com/fortune. FORTUNE selected this year's list of 12 technology companies with the help of high-tech analysts, venture capitalists and industry pundits. About Aware Based in Bedford, Mass., U.S.A., Aware is a worldwide leader in xDSL technology with products that enable high-speed Internet access over the existing telephone network. Aware's products include xDSL technology, software, development platforms, modules and modems for high-speed, interactive broadband network applications. Additional information about Aware can be found on the Internet at aware.com. Note to investors: This press release contains certain statements of a forward-looking nature relating to future events or future financial performance of Aware. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include the risks described in various SEC filings that Aware, Inc. has made on its Forms S-1, 10-K and 10-Q, which factors are incorporated herein by reference.