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To: Taro who wrote (2250)1/13/1999 7:34:00 AM
From: Ram Seetharaman  Read Replies (1) | Respond to of 3493
 
ESST news today!


Wednesday January 13, 6:00 am Eastern Time
Company Press Release
SOURCE: ESS Technology, Inc.

ESS Technology's Modem Included in Sub-$1,000 Notebook From Packard Bell NEC ESS SuperLink(TM) Technology Provides Industry Standard V.90 Modem Capabilities

FREMONT, Calif., Jan. 13 /PRNewswire/ -- ESS Technology, Inc. (Nasdaq: ESST - news) announces the incorporation of its SuperLinkā„¢ V.90 modern technology in the new NEC Ready 120LT notebook from Packard Bell NEC. The NEC Ready 120LT is the first full-featured, small-sized, Windows® 98 notebook computer in the sub-$1,000 market.

With its superior connectivity and throughput, the ES56-I V.90 data/fax modem chipset provides faster Internet connection and data transfer in a compact package. Lighter than most textbooks, the 3.6 pound NEC Ready 120LT offers a convenient notebook that allows users to surf the web, manage finances, write term papers or play games.

''Incorporating multimedia and Internet capabilities into the NEC Ready 120LT notebook was a major priority,'' explains Fred Kern, vice president of product marketing, Packard Bell NEC consumer division. ''With the modem chipset from ESS Technology, we are able to offer superior performance in a small package at a competitive price.''

''Worldwide consumer demand for Internet access continues to increase, and Packard Bell NEC now has a terrific competitive advantage as our modem solution enables faster Internet connections and downloads,'' states Skip Effler, vice president of sales and marketing. ''We are pleased Packard Bell NEC selected our modem solution for its industry-leading notebook.''

ESS Technology's modem chipsets have been tested by independent test house, Henderson Communications Laboratories, the international leader in data, fax, cellular, ISDN and xDSL testing. When compared to modems from other modem suppliers, including Lucent, Rockwell and US Robotics/3COM, the ESS modem chipsets -- both Digital Signal Processor (DSP) and Host Signal Processor (HSP) -- ranked the highest in both connect speed and throughput of all modems tested by Henderson.

ESS Technology

ESS Technology, Inc. supplies Internet, modem, PC audio and digital video solutions for the Internet, PC and consumer markets. ESS designs, develops, and markets highly integrated mixed signal semiconductor, hardware, software and system solutions for Internet, PC and multimedia applications. ESS, headquartered in Fremont, California, has sales and technical support offices in Austin and Houston, Texas; Irvine, California; Bellevue, Washington; Beijing and Shenzhen, China; Tokyo, Japan; Taipei, Taiwan; Seoul, Korea; and Hong Kong. ESS Technology is listed on the Nasdaq Market System under the symbol ESST. World Wide Web site: www.esstech.com.

Packard Bell NEC

Based in Sacramento, California, privately held Packard Bell NEC, Inc. is a top six supplier of personal computers in the United States and worldwide. The company designs, manufactures and markets a broad range of desktop, notebook and mobile computers and network servers under the Packard Bell, NEC and Zenith Data Systems brands. Packard Bell NEC's major manufacturing operations are in Sacramento; Angers, France; Livingston, Scotland; Sao Paolo, Brazil and Penang, Malaysia. For more information on NEC Ready, visit www.nec-computer.com.

The matters discussed in this news release include certain forward looking statements that involve risks and uncertainties, including, not limited to, the timely availability and acceptance of the Company's new products, the impact of competitive products and pricing, the dependence on continued growth in demand for PC and consumer multimedia products, as well as the other risks detailed from time to time in the SEC reports of ESS, including the reports on Form 10-K and Form 10Q. Actual results could differ materially from those projected in the forward-looking statements.

NOTE: SuperLink is a trademark of ESS Technology, Inc. Windows is a registered trademark of Microsoft Corporation. Other brands and names are trademarks of their respective companies.

SOURCE: ESS Technology, Inc.