Aware Recognized by FORTUNE Magazine as One of 12 Cool Companies.BEDFORD, Mass.--(BUSINESS WIRE)--June 17, 1998--Aware, Inc. (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 :AWRE AWRE Atomic Weapons Research Establishment AWRE Australian Workshop on Requirements Engineering AWRE Automatic Write Reallocation Enable ), a worldwide leader in xDSL (Digital Subscriber Line See DSL. (communications, protocol) Digital Subscriber Line - (DSL, or Digital Subscriber Loop, xDSL - see below) A family of digital telecommunications protocols designed to allow high speed data communication over the existing copper telephone lines between end-users and ) technology for high-speed Internet See broadband. access, announced today it has been named a 1998 Cool Company by FORTUNE. One of 12 companies selected, Aware was recognized for its "exciting and cool management, products, ideas and technology." Aware's ADSL See DSL. ADSL - Asymmetric Digital Subscriber Line (Asymmetric Digital Subscriber Line (communications, protocol) Asymmetric Digital Subscriber Line - (ADSL, or Asymmetric Digital Subscriber Loop) A form of Digital Subscriber Line in which the bandwidth available for downstream connection is significantly larger then for upstream. ) technology enables users to send or receive data over existing copper telephone lines up to 300 times faster than what is possible with a standard 28.8 kbps modem, simultaneously with normal telephone service. All this can be done using one existing phone line. Aware's DSL-Lite technology brings the advantages of ADSL to consumers without requiring the installation of a special device known as a splitter at every home. This "splitterless" technology is up to 52 times faster than today's 28.8 kpbs modems. DSL-Lite, targeted for retail availability in high-end PCs later this year, willgive consumers ultra-fast Internet service with the use of an ordinary modem. "Aware has taken a leadership role in xDSL technology, and it is an honor to be recognized by FORTUNE," said Michael A. Tzannes, president and chief executive officer of Aware. "Aware's technology and software uniquely enables the telecommunications, data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. and PC industries to meet the increasing need for high-speed Internet access." While Cool Companies is the most subjective of any of FORTUNE's lists, it has generated many picks that have proven to be savvy investments. Over the past five years, FORTUNE has dubbed 125 firms Cool Companies. If a person had invested $1,000 in the 42 companies that either were publicly traded when they appeared on the FORTUNE list, or had IPOs after FORTUNE named them as a "Cool Company," that investor would now have $76,830, a tad better than the S&P 500 stock index which would have turned that $42,000 into $75,223. That return handily hand·i·ly adv. 1. In an easy manner. 2. In a convenient manner. Adv. 1. handily - in a convenient manner; "the switch was conveniently located" conveniently 2. beats the returns on two indices that track smaller or more tech-oriented companies: the Nasdaq composite The Nasdaq Composite is a stock market index of all of the common stocks and similar securities (e.g. ADRs, tracking stocks, limited partnership interests) listed on the NASDAQ stock market, meaning that it has over 3,000 components. It is highly followed in the U.S. ($69,453) and the Russell 2000 index Russell 2000 Index An index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, which is made up of 3,000 of the biggest U.S. stocks. The Russell 2000 serves as a benchmark for small-cap stocks in the United States. ($60,498). "FORTUNE's Cool Companies" will be featured in the July 6 issue, which will appear on newsstands June 22 and immediately on FORTUNE's Web site at www.pathfinder.com/fortune. FORTUNE selected this year's list of 12 technology companies with the help of high-tech analysts, venture capitalists and industry pundits. About Aware Based in Bedford, Mass., U.S.A., Aware is a worldwide leader in xDSL technology with products that enable high-speed Internet access over the existing telephone network. Aware's products include xDSL technology, software, development platforms, modules and modems for high-speed, interactive broadband network applications. Additional information about Aware can be found on the Internet at http://www.aware.com. Note to investors: This press release contains certain statements of a forward-looking nature relating to future events or future financial performance of Aware. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include the risks described in various SEC filings that Aware, Inc. has made on its Forms S-1, 10-K and 10-Q, which factors are incorporated herein by reference.
CONTACT: Aware, Inc. Marenghi & Associates
Kristin Griffin Erin Keefe
(781) 687-0500 (781) 239-0057
kgriffin@aware.com ekeefe@marenghi.com
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