Aware, Inc. Introduces the Veritas992 ECR ADSL Test and Development System With End-to-End IP Connectivity.

Business/Technology Editors

CHICAGO--(BUSINESS WIRE)--July 17, 2001

DSL World Forum Aware, Inc. (NASDAQ:AWRE), a worldwide DSL technology leader and innovator, today announced the latest addition to its line of ADSL test and development systems, the Veritas992 ECR. The Veritas992 ECR is Aware's most advanced development system, providing field proven, standards-compliant ADSL testing functionality and data management capabilities, including Ethernet and IP connectivity for developers of customer premise and central office ADSL equipment.

The Veritas992 ECR is equipped with two Ethernet ports and standards-compliant ATU-C and ATU-R modules, enabling an end-to-end ADSL link with IP connectivity. The Veritas992 ECR also features a comprehensive set of configuration, testing, and reporting software.

"Reliability, interoperability, and performance are essential to success in today's exploding ADSL modem market," said Michael Song, Aware's test system product manager. "Engineers now require advanced features in their test and development tools such as end-to-end IP connectivity and PPPoE support to design and test competitive, differentiated ADSL products."

For a demonstration of the Veritas992 ECR and the complete line of Veritas test and development systems, visit Aware at the DSL World Forum 2001 exhibition in Booth #118 at the Hyatt Regency O'Hare in Chicago, Illinois from July 17-18.

About Aware

Aware, Inc. designs, develops, licenses and markets DSL technology that enables broadband communications over existing telephone networks. Its solutions, including splitterless G.lite, full-rate ADSL, G.shdsl, VeDSL(TM), Dr. DSL(R), DMTflex(TM), and FastADSL(TM) address central office as well as consumer electronics requirements. The company licenses its intellectual property and software to semiconductor manufacturers and equipment manufacturers who sell products incorporating Aware's technology. Aware also markets to systems companies to encourage them to design its technology into their products, and to service providers to encourage them to deploy new broadband services based on its technology. More information about Aware can be found at http://www.aware.com.

Safe Harbor Warning

Portions of this release contain forward-looking statements regarding future events and are subject to risks and uncertainties, such as estimates or projections of future revenue and earnings and the growth of the DSL market. Aware wishes to caution you that there are factors that could cause actual results to differ materially from the results indicated by such statements. These factors include, but are not limited to: we have a unique business model, our quarterly results are difficult to predict, we depend on a limited number of licensees, we derive a significant amount of revenue from one customer, we depend on equipment companies to incorporate our technology into their products, we face intense competition from other DSL vendors, DSL technology competes with other technologies for broadband access, our business is subject to rapid technological change, and we will require additional engineering personnel. We refer you to the documents Aware files from time to time with the Securities and Exchange Commission, specifically the section titled Risk Factors in our quarterly report on Form 10-Q for the quarter ended March 31, 2001 and other reports and filings made with the Securities and Exchange Commission.