AMCC Signs Long Term Access Agreement With IBM for Breakthrough Silicon-Germanium BiCMOS Process Technologies.SAN DIEGO--(BUSINESS WIRE)--July 22, 1998-- AMCC AMCC Applied Micro Circuits Corporation AMCC Air Mobility Control Center AMCC Ashore Mobile Contingency Communications AMCC Advanced Materials Commercialization Center AMCC allied movement coordination center (US DoD) To Provide Unparalleled OC-192 Solutions Designed Using SiGe Technology Applied Micro Circuits Corp. (AMCC) (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AMCC), a leader in high -bandwidth silicon connectivity solutions, today announced a long term agreement with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) entitling AMCC to advanced access and use of IBM's current and future generations of silicon-germanium (SiGe) BiCMOS processes and libraries. These leading-edge process technologies accelerate AMCC's development of SONET OC-192 (10 Gbps) solutions with a remarkable combination of speed, performance, integration and price. Having reached final manufacturing and testing qualification within IBM's Burlington facility, the current SiGe BiCMOS technology is expected to make possible AMCC's introduction of high-performance OC-192 standard product solutions next year. Subsequent SiGe designs from AMCC may include new generations of existing product families. "This agreement with IBM reinforces ourvision that silicon-based technologies will dominate the fiber optic network at all speed grades," stated Dave Rickey rick·ey n. pl. rick·eys A drink of soda water, lime or lemon juice, sugar, and usually gin. [Probably from the name Rickey.] Noun 1. , president and chief executive officer for AMCC. "We are pleased to be working with a leading-edge, credible player like IBM." "As the leader in silicon-germanium technology, we're seeing it take hold in a wide array of applications," said Ron Soicher, vice president of Analog & Mixed Signal Development for IBM Microelectronics. "Working with AMCC, a key player in high-bandwidth connectivity for the telecommunications market, gives us the opportunity to demonstrate the benefits of SiGe technology in an important piece of the network infrastructure. This is yet another testament to the cost-effectiveness and manufacturability of this technology." "This early access agreement with IBM not only positions AMCC to lead the emerging OC-192 market, but enables us to pursue additional segments of our primary market," said Brent Little, director of Strategic Marketing for AMCC. "IBM's SiGe BiCMOS is a superlative technology; we're excited about passing its incredible performance, power and integration advantages on to our customers." The SiGe BiCMOS process adds 65 GHz fmax heterojunction bipolar transistors The heterojunction bipolar transistor (HBT) is an improvement of the bipolar junction transistor (BJT) that can handle signals of very high frequencies up to several hundred GHz. It is common in modern ultrafast circuits, mostly radio-frequency (RF) systems. to a standard 0.4 micron CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. formula. The technology's preeminence in the market stems from its ability to provide superior performance and integration, while significantly reducing power consumption. AMCC is a premier supplier of high-bandwidth silicon connectivity for the world's communication infrastructure. The company utilizes its world class expertise in mixed-signal design and multiple silicon process technologies to provide high performance silicon solutions for SONET, ATM, Gigabit Ethernet An Ethernet standard that transmits at 1 Gbps. Used mostly to connect high-end workstations and servers as well as for network backbones, Gigabit Ethernet transmits full duplex from point to point using switches and half duplex in a shared environment (CSMA/CD) using a hub. and Fibre Channel markets. AMCC's core technologies also address ATE and high-speed computing needs. AMCC's corporate headquarters and wafer fabrication Wafer Fabrication is a procedure composed of many repeated sequential processes to produce complete electrical or photonic circuits. Examples include production of radio frequency (RF) amplifiers, LEDs, optical computer components, and CPUs for computers. facilities are located in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . Sales and consulting engineering offices are located throughout the world. For further information regarding AMCC and its products, write: Marketing Communication Department, AMCC, 6290 Sequence Drive, San Diego, Calif. 92121-4358; or call 800/755-AMCC (800/755-2622) or 619/450-9333; or fax 619/450-9885; or email nwpr@amcc.com; or visit our Web site at http://www.amcc.com. Except for historical information contained herein, the matters set forth in this news release are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including such factors as the rescheduling or cancellation of orders by customers; fluctuations in the timing and amount of customer requests for product shipments; fluctuations in manufacturing yields and inventory levels; changes in product mix; the company's ability to introduce new products and technologies on a timely basis; the introduction of products and technologies by the company's competitors; the availability of external foundry capacity, purchase parts, and raw materials; competitive pressures on selling prices, the timing of investments in research and development; market acceptance of the company's and its customers' products; the timing of depreciation and other expenses to be incurred by the company in connection with the expansion of its existing manufacturing facility and in connection with its proposed new manufacturing facility; the timing and amount of recruiting and relocation expenses, prototyping costs and promotional expenses Noun 1. promotional expense - the cost of promoting a product business expense, trade expense - ordinary and necessary expenses incurred in a taxpayer's business or trade ; costs associated with future litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. , if any, including without limitation, litigation relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the use of ownership of intellectual property; costs associated with compliance with applicable environmental regulation; general semiconductor industry conditions; and general economic conditions, including, but not limited to, economic conditions in Asia and the risk factors that are detailed in the company's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the Fiscal year ended March 31, 1998 and the company's other filings with the Securities and Exchange Commission. Product photos, datasheets and application notes are available upon request. AMCC is a registered trademark of Applied Micro Circuits Corp. IBM and IBM Microelectronics are trademarks or registered trademarks of IBM.
CONTACT: Applied Micro Circuits Corp.
Bill Berridge or Brent Little, 619/535-4260 or -6520
e-mail: billb@amcc.com
brentl@amcc.com
OR
The Ardell Group
Karina Wollesen
or Stacey Castiglia, 619/792-2939 or -2938
e-mail: karina@ardellgroup.com
stacey@ardellgroup.com
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