BT Places Further Order with Blue Wave Systems for DSP Resource Boards to Support its Operator Assistance Program.Business Editors & High Tech Writers CARROLLTON, Texas--(BUSINESS WIRE)--July 12, 2000 Blue Wave Systems 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 :BWSI) today announced a further order from British Telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. plc (BT) (LSE LSE - Language Sensitive Editor :BT/A) for digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). (DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive ) resource boards for its operator assistance APS program. The latest order brings the total order value for boards for this program to $3 Million. Blue Wave's DSP boards provide the voice processing The computerized handling of voice, which includes voice store and forward, voice response, voice recognition and text to speech technologies. required for BT's system to support directory assistance operators. Blue Wave has worked with BT on the APS program since its inception in 1994, providing the necessary DSP expertise to develop a carrier class platform for this automated voice system. Blue Wave's specialist knowledge of DSP and telecom processing resulted in the highly successful ComStruct(TM) series of building blocks for communications processing, launched in January 1999. ComStruct is an open, modular approach in the creation of carrier class subsystems for today's telecommunications market, and includes DSP algorithms, DSP resource boards and the FACT(TM) (Framework Architecture for Communication Technologies) software framework. FACT provides DSP control, system management capability and allows customers to quickly and easily incorporate commercially available or proprietary algorithms into high-density telecom applications. If you would like more information regarding the ComStruct family of building blocks, please visit http://www.bluews.com. Blue Wave Systems is a leading supplier of high-channel Digital Signal Processing (DSP) subsystems used in telecommunication infrastructure equipment, such as voice over packet (VoIP) gateways, digital wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. and intelligent peripherals. The ComStruct(TM) line of telecom infrastructure communication processing subsystems was launched in January 1999. At the heart of the ComStruct(TM) line is the company's FACT(TM) software (Framework Architecture for Communication Technologies), which enables the DSP subsystem A unit or device that is part of a larger system. For example, a disk subsystem is a part of a computer system. A bus is a part of the computer. A subsystem usually refers to hardware, but it may be used to describe software. to be rapidly and effectively deployed in a variety of carrier class telecom applications. Blue Wave Systems has been a market leader in DSP board-level products since 1983. For additional information, please visit our company's web site at www.bluews.com. ComStruct and FACT are trademarks of Blue Wave Systems Inc. All other names and trademarks are the property of their respective owners. This press release contains 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. which are based on expectations of the Company but involve a number of risks and uncertainties, including, but not limited to, technological change, quarterly fluctuations, integration of Mizar and Loughborough Sound Images, dependence on the defense industry, dependence on key suppliers and employees, competition, and Year 2000 compliance. The foregoing list should not be construed as exhaustive and the Company disclaims any obligation subsequently to revise forward-looking statements to reflect unanticipated events. For a further explanation of risk factors please see the Company's most recent SEC filings. The Company further cautions users who may utilize published bookings and backlog information as tools to forecast the company's revenue during a given timeframe since certain purchase orders may be subject to 1) cancellation and, 2) revision to delivery schedules. |
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