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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: puborectalis who wrote (6301)2/18/1999 1:06:00 AM
From: Diamond Jim  Respond to of 21876
 
News February 17, 23:48 Eastern Time
FEB 17, 1999, M2 Communications - MURRAY HILL, N.J. - Lucent Technologies Inc. and BTG International, the London-based technology-transfer company, have announced an agreement to collaborate on the commercialization of a portfolio of "smart card" patents developed by Bell Labs, Lucent's research and development arm.

A smart card is a secure, portable database, the size of a credit card, that can store and process information. The information in the card is accessed by a reader linked, for example, to a personal computer, automated teller machine, point-of-sale terminal, telephone, electronic lock, or other device.

The broad portfolio includes about 50 patents covering technologies for both the design of the cards themselves and for smart card applications in several fields.

The smart card industry is currently undergoing a period of dynamic growth, with the total market expected to increase by 52 percent, to 800 million cards by the year 2000 and from a $1.8 billion industry today to a $6.5 billion one by 2005. The main applications are expected to be in banking, mobile phones, and identity systems, transit, financial services, travel and tourism, network access control, subscription TV, healthcare, social services and other applications where secure transaction, privacy, and customer identification are essential.

"We believe this patent portfolio will be of interest of manufacturers, solution providers and service operators in a wide variety of industries and businesses," said Anthony Lando, director of BTG's Electronics and Telecommunications Division, North America.

"This unique relationship will benefit Lucent, BTG, and the smart card industry," he added. "Lucent is renowned for the excellent research done at Bell Labs, and BTG is a world leader in licensing inventions."

BTG also serves as Lucent's exclusive licensing representative for its High Temperature Superconductor (HTS) patent portfolio, which covers 48 Lucent patents and patent applications for HTS technologies.

Lucent Technologies (NYSE: LU), headquartered in Murray Hill, N.J., designs, builds and delivers a wide range of public and private networks, communications systems and software, consumer and business telephone systems and microelectronics components. Further information about Lucent Technologies is available on the worldwide Web at lucent.com.

BTG (London Stock Exchange: BGC), is a global leader in patenting and marketing intellectual property rights (IPR) for technologies that shape the future. BTG acquires, develops and licenses IPR covering innovative products and processes in the fields of electronics and telecommunications, biosciences, and medical and physical sciences. Headquartered in London, BTG has commercialized such major innovations as magnetic resonance imaging (MRI), Interferon and wide-spectrum cephalosporin antibiotics.



To: puborectalis who wrote (6301)2/18/1999 1:10:00 AM
From: Diamond Jim  Read Replies (1) | Respond to of 21876
 
News February 18, 00:07 Eastern Time
FEB 17, 1999, M2 Communications - Cannes, France -- Lucent Technologies will demonstrate its prototype wideband Code Division Multiple Access (W-CDMA) family of products for the first time as part of a 'live' third generation (3G) mobile system at the GSM World Congress. The demonstration illustrates one aspect of Lucent's collaboration with Japanese operator NTT DoCoMo, which is currently developing a 3G network to support a broad range of enhanced wireless services.

"NTT DoCoMo is leading the way in the development of next-generation wireless technology and Lucent is delighted to be part of the team. Both companies are pleased to showcase for the first time the progress we have made towards demonstrating the full capabilities of our wideband CDMA base station for third generation wireless systems, " said Jim Brewington, president of Lucent's Wireless Networks Group. " NTT DoCoMo has an aggressive timetable for commercialising its third generation network, and Lucent is investing a great deal of time and resources to help NTT DoCoMo meet its deadlines."

Brewington added: "Lucent is committed to supplying W-CDMA solutions for third-generation networks. We fully support the efforts being made in the industry to meet the ITU's deadlines for finalising the relevant standards."

The demonstrations will show a range of 3G applications, such as high-speed wireless Web browsing, file transfer and even videoconferencing. They will also show the interworking between second- and third-generation systems with calls to a GSM network made over the 3G air interface. In addition, Lucent will incorporate software based on that developed by Lucent as part of project RAINBOW (Radio Access Independent Broadband on Wireless), which was sponsored by the European Commission under its Advanced Communications Technologies and Services (ACTS) programme to develop GSM access for mobile Asynchronous Transfer Mode (ATM) networks.

The NTT DoCoMo Base Transceiver Station (BTS) prototype uses a modular design with up to twelve transceivers per single base station frame. The Pcell, a single sector, one or two carrier minicell is also featured. The BTS is ideal for implementation in a growing network as extra transceivers can be added when needed. This reduces initial network investment and adds a degree of flexibility and future-proofing to the network. In addition, both products can be configured to support single sector, single carrier and multi-sector, multi-carrier operations.

Lucent is a leading global supplier of CDMA solutions and is the only system vendor to have announced projects with customers around the world to develop 3G systems based on a family of CDMA standards. These include the NTT DoCoMo (W-CDMA) and DDI/IDO (cdma2000) trials in Japan; Vodafone (UMTS) in the UK; and Sprint/Bell Atlantic (cdma2000) in the US. Lucent is also working within the Universal Wireless Communications Consortium (UWC) to provide a 3G evolution path for Lucent's 2G networks based on the Time Division Multiple Access (TDMA) standard.

Lucent has a range of 3G integrated mobile network solutions that encompass every aspect of future networks, including infrastructure solutions for voice and data; transmission and switching equipment; and a range of software products. Supported by its research and development division, Bell Labs, and through third-party agreements with terminal, application and content providers, Lucent can provide total end-to-end 3G solutions. Lucent also supplies mobile and fixed wireless communications systems that offer global service providers standards-based solutions for serving the information needs of consumers and enterprises.

Lucent is a major player in many of the standards and industry organisations throughout the world, including the International Telecommunication Union (ITU), the European Telecommunication Standard Institute (ETSI) and the American National Standards Institute (ANSI). It also actively participates in the Universal Mobile Telecommunications System (UMTS) Forum, the CDMA Development Group (CDG), the GSM MoU Association and the UWC.



To: puborectalis who wrote (6301)2/19/1999 4:10:00 AM
From: RSIVA  Read Replies (1) | Respond to of 21876
 
Has Lucent officially set the stock to split 2:1?