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To: djane who wrote (52371)8/20/1998 10:55:00 AM
From: djane  Read Replies (2) | Respond to of 61433
 
Data Race Sues [LU]; Seeks To Prevent Lucent From Marketing Integrated Voice/Data Products

PR Newswire - August 20, 1998 05:14

SAN ANTONIO, Aug. 20 /PRNewswire/ -- DATA RACE (Nasdaq:
RACE) announced today that it has filed a lawsuit in Federal District
Court in San Antonio, Texas, against Lucent Technologies (NYSE: LU),
citing patent infringement and other related issues. The Company seeks
unspecified damages and a permanent injunction prohibiting Lucent
Technologies from violating the Company's intellectual property rights.
The Company is also asking the Court to issue a preliminary injunction
prohibiting Lucent from marketing and selling the Virtual Telephone
system.

DATA RACE believes that Lucent, with its Virtual Telephone system
and Internet Telephony Server products, is infringing upon patent
number 5,764,639 issued by the U.S. Patent and Trademark Office in
June, 1998, and assigned to DATA RACE. The patent is entitled
"System and Method for Providing a Remote User with a Virtual
Presence to an Office." The Company places a high value on its
intellectual property and intends to aggressively protect its patent and
other property rights.

Risks Regarding Forward-Looking Statements

This press release contains various "forward-looking statements" which
represent the Company's expectations or beliefs concerning future
events, including the value of its intellectual property and the validity of
the lawsuit. The Company cautions that these forward-looking
statements involve a number of risks and uncertainties and are qualified
by important factors that could cause actual results to differ materially
from those in the forward-looking statements. Such factors include the
inability of the Company to fully pursue such suit due to limited
resources, uncertainty as to the source of funding to pay the total amount
of legal expenses, the court's interpretations and decisions regarding the
Company's allegation in the lawsuit (including their effect on the validity
or enforceability of the Company's patents), and the risk of costly
counter suits. While the Company believes that it will prevail, litigation by
its very nature is unpredictable. Should the Company fail to prevail in a
significant manner, such failure may have a material adverse effect on the
Company's financial condition and operations.

About DATA RACE, Inc.

DATA RACE, Inc. (http://www.datarace.com) designs, manufactures,
and markets a line of communications products for remote access to the
corporate environment. Its unique client/server product, the Be
There!(TM) Remote Access System, gives teleworkers access to all
elements of corporate communications networks, including the PBX,
Intranet, and Internet. Through Be There!, remote workers send and
receive e-mail, faxes and phone calls simultaneously over a single phone
line. DATA RACE also designs and manufactures advanced network
multiplexers that carry data, network, voice and fax traffic among a
company's multiple offices. DATA RACE products are resold nationally
through Inacom Communications and Data General Corp., and through
many regional resellers. SOURCE DATA RACE

/CONTACT: John Liviakis or Bob Prag, both of Liviakis Financial
Communications, 916-448-6084, for DATA RACE; or Katie Trout,
Investor
Relations of DATA RACE, 210-263-2066/

/Web site: datarace.com

(RACE LU)

Headlines Previous Story Next Story

RACE LU %TLS %LAW V%PRN P%PRN




To: djane who wrote (52371)8/20/1998 12:09:00 PM
From: djane  Respond to of 61433
 
INTERVIEW-Lucent says Singapore chip plan on track

Thursday August 20, 4:01 am Eastern Time

By Josephine Ng

SINGAPORE, Aug 20 (Reuters) - U.S. telecommunications equipment company Lucent
Technologies Inc (LU - news) said on Thursday its planned US$1.0 billion joint venture in
Singapore to make integrated circuits (ICs) was on track.

''It is progressing as planned,'' Lucent's Asia-Pacific chief executive officer Michael Butcher told
Reuters.

Lucent has a 51-percent stake in the joint venture with Singapore's Chartered Semiconductor
Manufacturing Ltd (CSM).

The partnership, Silicon Manufacturing Partners Pvt Ltd, will produce eight-inch wafers using
0.25 micron processing technology and at full capacity will produce 26,000 of them a month.

Production was scheduled to start in the fourth quarter this year, Lucent said in January.

The venture is expected to migrate to 0.18 micron processing technology by 2000.

Earlier this month, CSM said its $1.0 billion joint venture with Hewlett-Packard Co Ltd (HWP -
news) was delayed by a year to 2000 due to Asia's economic crisis and a depressed
semiconductor market.

Butcher said Lucent's Silicon Manufacturing was able to proceed as planned because it was
producing to meet world demand rather than just for Asia.

But as there was an overall softness in global demand for semiconductors, Lucent had made
adjustments, he said.

''It is all going ahead. My best understanding is in the start-up process we are being careful that
we don't get ahead of ourselves,'' he said, to explain what he meant by adjustments.

Butcher said any increase in its output of chip products in Thailand would not be at the expense
of Singapore.

He said the chip plant in Thailand also catered to the world market while Lucent's other plants in
Asia making switches and infrastructure telecoms equipment supplied the region.

Lucent's telephone switch manufacturing operation in Indonesia was significantly cut down by the
country' economic problems. Output might not improve to pre-crisis level for a few years, he
said.

Lucent, which has undertaken a blitz of acquisitions in the last nine months, including a bid for
Australia's JNA Telecommunications Ltd (JNA.AX), was looking for more purchases, strategic
partnerships and investments throughout the region, Butcher said.

''We have not reduced our investment levels in the region and in some ways in the next year or
two, we're probably going to increase them,'' he said.

Later at a news conference to announce a $8.0 million regional training and education centre in
Singapore, Butcher said Lucent saw flat revenues from the Asia-Pacific region in fiscal year 1998
and planned 20 percent growth in fiscal 1999.

He said the region contributed more than 10 percent of the company's global sales of $26.4
billion for the year ended September 30, 1997.

Lucent would announce major contracts from the region covering a spectrum of technologies in
the next six weeks and was also bidding in StarHub's tender to build all aspects of its telecom
infrastructure in Singapore, he said.

StarHub is a consortium made up of British Telecom (quote from Yahoo! UK & Ireland: BT.L),
Nippon Telegragh and Telephone Corp (9432.T), Singapore Power and Singapore
Technologies Telemedia.

The group, awarded a licence to provide basic telecoms services as well a licence for mobile
phone services in Singapore from 2000, has said it would invest Singapore $2.0 billion on its
network over seven to nine years.

More Quotes
and News:
Hewlett-Packard Co (NYSE:HWP - news)
Lucent Technologies Inc (NYSE:LU - news)

Related News Categories: international

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