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Technology Stocks : BLUE WAVE SYSTEMS-BWSI A comer in telecom -- Ignore unavailable to you. Want to Upgrade?

To: Liatris Spicata who wrote (19)	2/3/1999 7:34:00 AM
From: Liatris Spicata	Read Replies (1) \| Respond to of 170

Small, profitable, financially untroubled Blue Wave Systems announced its earnings for the second quarter. Market stunned, as BWSI rockets up 1/4 for the day! biz.yahoo.com Also a recent Press Release: Monday February 1, 8:08 am Eastern Time Company Press Release Leading Companies Endorse Blue Wave's New ComStruct Initiative for Telecom Design CARROLLTON, Texas--(BUSINESS WIRE)--Feb. 1, 1999--ComStruct(TM), Blue Wave Systems' (Nasdaq/NMS:BWSI - news) new building blocks approach to telecommunications systems design, unveiled to the world less than two weeks ago, has already received backing from some of the industry's leading companies. Texas Instruments, Motorola Computer Group and Brooktrout Technology, together with algorithm suppliers to telecom customers, SURF Communications Ltd and MVP Development Group are among the first to endorse Blue Wave's initiative as the ideal approach for developing communications processing applications. Henry Wiechman, Product Marketing Manager for Texas Instruments TMS320C6000 DSP Architecture, comments: ''Blue Wave Systems, one of the leading suppliers of DSP board solutions, has worked with Texas Instruments for over 12 years and has been closely involved with the 'C6000 family of DSPs since its introduction to the market two years ago. Blue Wave Systems was one of the first companies to ship commercial products with this revolutionary new family of DSPs and is committed to continue to provide leading-edge platforms with this technology. As one of our key third-party companies, Blue Wave has served as a bridge between applications developers and Texas Instruments. Blue Wave's new range of signal processing platforms and software for the 'C6000 will be among the key enabling technologies to deliver the next generation of communications products cost-effectively and quickly.'' Cousy Maher, Director of Business Management, Telecoms Segment, Motorola Computer Group, said: ''The telecommunications market continues to demand more and more channels in smaller, yet more powerful systems. Blue Wave Systems with its CPCI/C6400 family of high density signal processing solutions is addressing that need. Optimized for resilient multi-channel processing, the CPCI/C6400 is particularly suited to telecommunications applications and underlines Blue Wave's long-term commitment to supplying leading-edge high density CPCI signal processing solutions. As one of our ''Embedded Connections'' partner companies we are pleased to be working with Blue Wave as they complement our range of Embedded Telecom Platforms harnessing this revolutionary generation of DSPs.'' Ken Lavine, President Brooktrout Technology, Los Gatos Division, said ''Blue Wave has embraced the latest signal processing technology and knowledge of the needs of communications equipment manufacturers to build these next generation solutions. As time to market becomes an increasingly important factor, the attributes of Blue Wave Systems' new Framework Architecture for Communication Technologies (FACT) will be of benefit to many customers.'' ''FACT provides a simplified application development environment, tailored to high density communications applications'' adds Lavine. ''By separating resource management from application development FACT greatly reduces the amount of code required, significantly cuts development time and allows customers to move from development to deployment in record time. FACT provides us with the kind of competitive edge that is absolutely essential in our business.'' Oren Somekh, Vice President Research & Development for Surf Communications Ltd., a specialist supplier of state of the art, high quality software solutions for communications protocols: ''Today's market demands fast development, deployment and upgrading of voice and data services -- we are excited about Blue Wave's ComStruct initiative -- offering the industry a customizable and fully scaleable implementation route. Indeed, we are cooperating with Blue Wave Systems on the integration of Surf's software modem pools into the ComStruct family to provide a very high density solution with the latest V.90 digital modem standard.'' ''We are pleased to be a part of Blue Wave's ComStruct initiative,'' said Christopher Burke, MVP Development Group. ''Users of MVPDG's highly optimized G.723.1, G.729a and telephony algorithms within the FACT framework will be able to realize both the benefits of our unmatched voice port density and the ability to easily manage these algorithms across multiple DSPs and multiple boards with little or no impact to the overall channel count.'' ''We are delighted that these major players have already recognized the potential of the ComStruct solution for delivering the next generation of telecommunication designs,'' comments Rob Shaddock, Executive Vice President, Blue Wave Systems. ''Together with our partners we are looking forward to working with and supporting the leading providers of revolutionary applications in this dynamic market.'' The ComStruct architecture is an open, modular approach to building a telecoms system, enabling the user to develop a fully-integrated advanced communications system up to 80 percent faster than before. The solution is made up from three principal building blocks: the DSP and I/O hardware, FACT(TM) (Framework Architecture for Communication Technologies) system management software, and application specific DSP algorithms. Industry standard protocols have been employed throughout for easier system integration. All blocks allow users to incorporate third party hardware and software, thus protecting any investments in other technologies. Blue Wave Systems will be exhibiting ComStruct at CTIA, booth 6213 (New Orleans 8-10 February) and also at CT EXPO, booth 4149 (Los Angeles, 2-4 March). Blue Wave Systems (Nasdaq/NMS:BWSI - news) is the world's leading supplier of board-level DSP solutions and provides digital signal processing (DSP) boards and subsystems to more than one-half of the world's top 40 industrial companies. Blue Wave Systems is principally involved in the development and sale of embedded DSP computers to a variety of industries. The company resulted from the merger of Mizar Inc. and Loughborough Sound Images Ltd. in April 1998.