Aware and AMD Announce Licensing Agreement to Develop Next Generation ADSL Chipsets.

Business/Technology Editors

BEDFORD, Mass.--(BUSINESS WIRE)--July 26, 2000

Aware, Inc. (NASDAQ: AWRE), a worldwide leader in DSL (digital subscriber line) technology for high-speed Internet access, and Advanced Micro Devices, Inc. (NYSE: AMD), a leading global semiconductor supplier, today announced that they have entered into an ADSL technology licensing agreement. Under the terms of the agreement, Aware has licensed standard-compliant G.992.2 G.lite and G.992.1 G.dmt full-rate ADSL technology and software to AMD. Aware will provide fully interoperable, field-proven ADSL system designs, software and ASIC cores. AMD's Communication Products Division plans to incorporate the technology into its multiport central office chipset solutions.

"We are excited to be working with the Communication Products Division of AMD," said Michael A. Tzannes, president and chief executive officer of Aware. "We have combined Aware's industry leading DSL technology with AMD's strength in analog and digital integrated circuits and world class customer base to create a formidable partnership in the increasingly competitive ADSL chipset market."

"As the DSL market ramps toward mass deployment, equipment manufacturers will increasingly require highly-integrated, multiport solutions," said Gary Ashcraft, vice president of AMD's Communication Products Division. "Aware's technology enables the Communication Products Division to create flexible central office ADSL implementations that are optimal for use in multiple silicon architectures requiring lower power and higher density."

Aware's G.lite technology supports the entire feature set of the G.Lite standard. Aware's full-rate ADSL technology delivers data transmission speeds of over 10 Mbps downstream and up to 800 Kbps upstream at distances of up to 18,000 feet. Both of Aware's DSL technologies optimize broadband data transmission over telephone lines without interrupting regular telephone service, enabling always-on data connections.

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 and full-rate ADSL, address central office as well 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.

AMD is a trademark of Advanced Micro Devices, Inc. Other product names used in this publication are for identification purposes only and may be trademarks of their respective companies.

Cautionary Statement:

This press release contains certain statements of a forward-looking nature, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such statements, which relate to future events or the future financial performance of Aware, involve risks and uncertainty that could cause actual results to differ materially from current expectations. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include the risks that Aware may have a new and unproven business model; that Aware depends on a limited number of licensees; that Aware depends on equipment companies to incorporate its technology; and that DSL technology competes with other technologies for broadband access. We urge investors to review in detail the risks and uncertainties in the various filings that Aware has made with the Securities and Exchange Commission, which risks are incorporated herein by reference.