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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: unclewest who wrote (19612)	5/4/1999 8:09:00 AM
From: Shumway	Respond to of 93625

***OT-OT-OT**** WaveRider To Acquire TTI Wireless TORONTO, ONTARIO-- - Agreement strengthens WaveRider's product portfolio and position in the US marketplace - WaveRider Communications Inc. (OTC BB: WAVC - news), a leading global provider of wireless Internet products, announced it has entered into a letter of intent to acquire TTI Wireless of Cleveland, Ohio. TTI is a leader in the design and manufacture of wireless radio frequency communications systems, offering wireless data, bridging and LAN connectivity systems in both licensed and unlicensed frequencies. With some of the fastest data throughput speeds in the marketplace for wireless bridge products ranging from 2 to 11 Mbps, the acquisition of TTI gives WaveRider an expanded product portfolio. TTI has an existing customer base, which includes over one thousand installations worldwide and distribution arrangements with 75 value added resellers (VARs) in 50 countries. TTI also has developed and holds the distribution rights for a number of accessories and other wireless networking devices including VOIP systems, 23GHz microwave systems, antennas and amplifiers. ''We believe TTI's high speed products combined with WaveRider's software and Internet networking capabilities gives us the best wireless data communications products in the industry,'' says Bruce Sinclair, WaveRider's president and CEO. ''TTI has talented employees based in Cleveland, San Diego and Baton Rouge. This reinforces WaveRider's position in the US market and together with our global marketing strength, product development capabilities and access to capital markets, allows us to further advance our mission of becoming the leader in the global wireless data communications industry by developing, selling and supporting customer driven products.'' ''This acquisition enables WaveRider to become the leader in the Wireless Internet Access market, a sector forecasted to grow from (US)$500-million to over (US)$8.5-billion in the coming years,'' adds Charles Brown, WaveRider's vice president Marketing. ''The integration of TTI's bridging hardware with WaveRider's real-time operating system, network management and routing software creates the basic architectural platform for future product developments,'' says Brown. ''With this new platform, WaveRider will cut development time and cost of both licensed and license free wireless products substantially.'' ''This is an exciting time in the evolution of our business, '' adds Peter Bonk, TTI's president and CEO. ''Merging with WaveRider gives our customers and employees additional resources, products and services -- expanding the quality of relationships with all of our stakeholders.'' About TTI Wireless TTI Wireless is a leader in wireless building-to-building voice and data communications. The company designs, manufactures and distributes the most complete line of high speed communications products available today including accessories for all wireless manufacturers products such as antennas and mountings. The Cleveland, OH based company is privately owned. www.rflink.com About WaveRider Communications Inc. Founded in 1997, WaveRider is a leading wireless technology company that develops, manufactures and markets products for data communications and Wireless Internet Networking (WIN). WaveRider's high performance products use frequency hopping, spread spectrum technology coupled with time division multiple access techniques and operate in the license-free 900MHz and 2.4GHz ISM frequency bands. see also** WaveRider Reseller Signs Major Agreement for China biz.yahoo.com

To: unclewest who wrote (19612)	5/4/1999 8:58:00 AM
From: bundashus	Respond to of 93625

Here is very well though out response on Rambus I found on the intel thread Message 9296962