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Technology Stocks : NETsilicon IPO (FIBR spin-off) -- Ignore unavailable to you. Want to Upgrade?

To: Brian who wrote (9)	3/10/1999 11:35:00 AM
From: Brian	Read Replies (1) \| Respond to of 24

Company Press Release Second Award for NET+ARM from an Industry-Leading Publication Osicom Technologies' Subsidiary NETsilicon Announces Award from Control Engineering Magazine SANTA MONICA, Calif.--(BUSINESS WIRE)--March 10, 1999-- Osicom Technologies, Inc. (Nasdaq: FIBR - news) announced today that its wholly-owned subsidiary, Waltham, MA-based NETsilicon(TM) Inc., received Control Engineering Magazine's 1998 Editors' Choice Award in recognition for its NET+ARM(TM) embedded networking product. NETsilicon believes its family of embedded networking system products, the NET+(tm) product line, is the first standards-based networking system to offer a single chip solution that, in conjunction with the physical interface and memory, encompasses all of the required hardware and software necessary to network-enable electronic devices. Selected from among all the new products featured in last year's issues of Control Engineering, Control Engineering International and Process Instrumentation Digest, NET+ARM was chosen based on its service to the industry, technological advancement and market impact. Control Engineering reaches a circulation of 90,000 and in combination with Control Engineering International and Process Instrumentation Digest the total circulation is 200,000 readers. All three are prestigious publications in their vertical target markets. A spotlight on NET+ARM will be featured in the March issue and is available online at manufacturing.net. NETsilicon President and CEO Cornelius ''Pete'' Peterson said, ''We are gratified to receive this recognition from one of the industry's most influential publications serving the needs of the industrial automation and controls sector. This has been a prime target market for NET+ARM since its inception--one which we believe will benefit considerably from the open networking capabilities we bring to the table.'' NET+ARM was also the recipient of IndustryWeek's Top 25 Technologies of the Year in December. That honor was part of IndustryWeek's Technology and Innovations Award Program and was based on reader nominations designed to recognize outstanding achievement in technology. The NET+ Solution NETsilicon develops and markets an embedded networking system based on its 15 years of experience in providing networking connectivity for a wide array of electronic devices. NETsilicon delivers an embedded networking system comprised of its NET+ software and application specific hardware in the form of integrated circuits or network interface cards. About NETsilicon NETsilicon, Inc. (or the ''Company'') develops and markets embedded networking systems. The Company's products are incorporated into the design of embedded systems to enable them to connect to and communicate over standards-based Local Area Networks (''LANs''), Wide Area Networks (''Was'') and the Internet. Such network connectivity enables the development of wholly new embedded systems applications by enabling these devices to be controlled and monitored from a remote location. The Company believes its family of embedded networking system products, the NET+ product line, is the first standards-based networking system to offer a single chip solution that, in conjunction with the physical interface and memory, encompasses all of the required hardware and software necessary to network-enable electronic devices. The Company's technology is designed to have broad applicability and therefore may be incorporated into virtually any electronic device. The Company's products are currently contained in an array of imaging products, including printers, scanners, fax machines, copiers and multi-function peripherals manufactured by 20 original equipment manufacturers (''OEMs''), including Minolta Corporation, NEC Corporation, Sharp Corporation and Xerox Corporation. The Company's products are also in various stages of being incorporated by 43 OEMs into the design of products in other markets, such as industrial automation equipment, communication devices, data acquisition and test equipment, Internet devices and utility monitoring equipment.