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 : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (62229)	8/10/1998 2:29:00 PM
From: bob	Read Replies (1) \| Respond to of 186894

ALL, Norris Communications Signs Development Agreement to Develop a Digital Voice Recorder: SAN DIEGO--(BUSINESS WIRE)--Aug. 10, 1998--Norris Communications Inc. (OTC:NCII - news) today announced that it has signed an agreement to design and develop a digital voice recorder for Intel Corp [Nasdaq:INTC - news]. Under the terms of the agreement, Intel will provide one-time development funding for the design. Terms and conditions for use of Norris' technology in a production product, or in derivatives of the current development effort, have been established with Intel in the current agreement. The Intel development payments to Norris do not represent any form of equity investment. Fred Falk, president and chief executive officer stated ''Norris pioneered the use of removable Intel flash memory for portable digital voice recording. We were also the first in the industry to interface portable digital recordings to the computer, providing high speed downloading. Intel's decision to contract with Norris reflects our position as a leader in the world of hand held digital recorder technology.'' Norris Communications Inc. is a San Diego-based company specializing in computer-compatible OEM products utilizing its proprietary MicroOS flash memory management system. Norris is an innovator in utilizing flash memory for digital voice, audio, image, video and data recording, storage, computer interface and playback. Norris licenses its technology for use in OEM products and also offers custom OEM development and manufacturing. Bob