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To: Sawtooth who wrote (18991)	12/1/1998 9:20:00 AM
From: DaveMG	Respond to of 152472

Intel Takes Share Of Arabesque Communications December 1, 1998 REDWOOD SHORES, CALIFORNIA, U.S.A., Newsbytes via NewsEdge Corporation : Officials from Intel Corp. [NASDAQ:INTC]said today that the microprocessor giant has made an investment in wireless technology developer Arabesque Communications Inc. The two firms did not immediately release details of the new arrangement. Arabesque is only about one year old but was founded by departed minds from Cisco, 3Com, Centigram, and Telco Systems. The company is currently involved in developing an "enhanced services platform" specifically designed for wireless service providers. The firm is hoping to cash in on the increasing demand for wireless data for users of mobile computers and hand-held devices, sources said. "We are very pleased to have Intel as an investor in Arabesque as we move forward to develop and market new products that will enable today's wireless carriers to offer a voice Internet portal for the mobile worker," George Sollman, president and chief executive of Arabesque said this morning. Intel executives also praised the growing firm. "Intel is very committed to the rapid development and broad deployment of technologies and products for the mobile market segment," said Robert Jecmen, vice president and general manager of Intel's Mobile and Handheld Products. "Intel believes that the marriage of the personal computer, the Internet, and wireless communications will bring added freedom and new possibilities for 'anytime, anywhere' computing." Intel has made a large number of investments in developing companies over the last six months. Officials at the chip vendor indicate that the firm is interested in driving new technologies that will help grow demand for its microprocessors and networking products. Intel will likely continue to make these kinds of investments, officials also said. Among the companies that Intel has taken a stake in recently are Linux operating system distributor Red Hat Software Inc., memory chip manufacturer Micron Technology Inc., and custom applications developer Extricity Software Inc. Companies developing technology and services packages for providers of wireless communications, in particular those building wireless data capabilities, have become a hot space for investment by some of the computer industry's biggest players. Earlier this month, Microsoft Corp. partnered with telecommunications giant Qualcomm Inc. to found WirelessKnowledge, a firm which hopes to deliver backbone services to a number of large wireless services providers. Arabesque's Web site is arasys.com Reported By Newsbytes News Network, newsbytes.com (19981130/Press contact: Dave Weinstein of Arabesque, 650-628-4400, E-mail dave.weinstein@arasys.com/WIRES TELECOM, BUSINESS, PC/) <<Newsbytes -- 11-30-98>> [Copyright 1998, NewsBytes