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Technology Stocks : Aware, Inc. - Hot or cold IPO? -- Ignore unavailable to you. Want to Upgrade?


To: FISHERMAN who wrote (4407)10/23/1998 2:07:00 PM
From: FISHERMAN  Respond to of 9236
 
OOps, sorry; almost 1 million. Still a good %.



To: FISHERMAN who wrote (4407)10/23/1998 2:08:00 PM
From: Paul Lee  Respond to of 9236
 
Aware's DSL Lite Technology Compliant With New ITU Standard

BEDFORD, Mass.--(BUSINESS WIRE)--Oct. 23, 1998--Aware, Inc.
(NASDAQ:AWRE), a worldwide leader in xDSL technology and a pioneer of
splitterless ADSL (Asymmetric Digital Subscriber Line), applauds the
adoption by the International Telecommunications Union (ITU) of the
G.Lite standard, known as G.992.2.

Yesterday in Geneva, the ITU reached an agreement on the
technical specifications for a G.Lite digital subscriber line
high-speed Internet modem technology, paving the way for quick
introduction of products to the market. This agreement means consumers
will benefit from the rapid delivery of G.Lite products and services
into homes and businesses over regular phone lines. G.Lite services
transmit Internet data up to 25 times faster than today's fastest
analog modems, without requiring voice-data splitters at every home.

"Aware is committed to propagating its technology through an open
standards process and has been very active at both the ITU and the
Universal ADSL Working Group. We believe that the existence of a
single global standard will accelerate the mass market deployment of
ADSL," said Michael Tzannes, president and chief executive officer of
Aware, Inc. "This landmark event puts Aware and its customers in a
very strong market position."

Aware provided key technical submissions to the standards
committee involving splitterless DSL Lite technology, which alleviates
the costs and inconveniences associated with a phone company's
technician needing to install splitters at the home. Aware also
provided low-complexity algorithm technical submissions that enable
lower costs of DSL Lite services for consumers.

As a leading developer of DSL core technology that enables
high-speed Internet access over existing telephone networks, Aware has
already developed technology that implements the new standard. Analog
Devices, Lucent Microelectronics and Siemens Semiconductor have
licensed technology from Aware for ADSL chipsets that will be
compliant with the newly approved ITU G.Lite standard.