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Technology Stocks : Texas Instruments - Good buy now or should we wait? -- Ignore unavailable to you. Want to Upgrade?

To: John Chen who wrote (4099)	10/19/1998 1:26:00 PM
From: Danny Hayden	Read Replies (1) \| Respond to of 6180

Texas Instruments Broadens Its Access Focus to Home Networking DALLAS, Oct. 19 /PRNewswire/ -- Texas Instruments (TI) (NYSE: TXN) announced today that it has expanded its current focus on broadband access to include product development in the area of home networking applications. In conjunction, TI has joined the Home Phoneline Network Alliance (PNA) in support of this group's initiative to ensure that the existing twisted pair telephone line is the preferred method of bandwidth distribution to the consumers' home. TI will combine its world leadership in digital signal processing solutions, along with its existing products and expertise in broadband access systems, to develop products which enable an always-on network connection in the home. This connection will dramatically change the way small businesses and consumers communicate -- both within their homes and to the outside world. "We anticipate that home networking will create a sociological change for the end user," said John Hughes, Director of New Business Development for TI's Broadband Access Group. "Having a high-speed, always-on connection will drive the development of multi-use equipment combining voice, data, video, security, etc. Suddenly, communications appliances will mean real-time access to everything from the baby monitor to the office many miles away." Future chipset solutions from TI will combine the aggressive use of DSPs, and existing network interfaces and software solutions to provide equipment manufacturers with a flexible, programmable architecture. This architecture blends well with TI's existing Digital Subscriber Line (DSL) products which use the existing twisted copper pair wire infrastructure. This infrastructure already exists in 99 percent of homes today and is capable of distributing a significant amount of bandwidth within multiple locations within a home. The combination of mature phoneline infrastructure and new products will present the end user with many options, all designed to expand and improve high-speed access. "We are very pleased to join the other members of the Home PNA to speed the development of technology and products which support this method of bandwidth distribution," added Hughes. "The inputs of many voices will ensure robust technology and lead all of us toward compatibility -- a key requirement in this industry." The worldwide leader and pioneer in digital signal processing solutions since 1982, Texas Instruments provides innovative DSP and mixed signal/analog technologies to more than 30,000 customers in the computer, wireless communications, networking, Internet, consumer, digital motor control and mass storage markets worldwide. To help customers get to market faster, TI offers easy-to-use development tools and extensive software and hardware support, enhanced by its extensive network of third party DSP solutions providers that produce more than 1,000 products using TI technology. Texas Instruments Incorporated is a global semiconductor company and the world's leading designer and supplier of digital signal processing solutions, the engines driving the digitization of electronics. Headquartered in Dallas, Texas, the company's businesses also include materials and controls, educational and productivity solutions, and digital imaging. The company has manufacturing or sales operations in more than 25 countries. Texas Instruments is traded on the New York Stock Exchange under the symbol TXN. More information is located on the World Wide Web at ti.com