Coherent Communications Sells Voicecrafter Product Line To BIAMP Systems Corporation.ASHBURN, Va--(BUSINESS WIRE)--June 12, 1998--Coherent Communications Systems In telecommunication, a communications system is a collection of individual communications networks, transmission systems, relay stations, tributary stations, and data terminal equipment (DTE) usually capable of interconnection and interoperation to form an integrated whole. Corporation (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 : CCSC CCSC Consortium for Computing in Small Colleges CCSC Cheung Chuk Shan College (Hong Kong) CCSC Chicagoland Construction Safety Council CCSC Cemetery Consumer Service Council CCSC Commercial Computer Security Centre ), and BIAMP Systems of Portland, Oregon, have jointly announced the sale to BIAMP of Coherent's Voicecrafter 3000 Series acoustic echo canceller See echo cancellation. products. The sale includes exclusive manufacturing rights and technology license for "large room" acoustic echo cancelling for video and teleconferencing applications. The agreement is effective immediately. The terms of the sale were not disclosed. The sale is an asset purchase with BIAMP Systems Corporation assuming the support of the Voicecrafter installed base. This transaction has no impact on the pending acquisition of Coherent by Tellabs, Inc., of Lisle lisle n. 1. A fine, smooth, tightly twisted thread spun from long-stapled cotton. 2. Fabric knitted of this thread, used especially for hosiery and underwear. , IL. (NASDAQ:TLAB). Daniel L. McGinnis, Chief Executive Officer of Coherent, said, "The Voicecrafter product line has been profitable and sales have been increasing steadily. BIAMP's organization and distribution channels are ideally suited for the sales and support of Voicecrafter. BIAMP is clearly capable of supporting the customers for this product line. This sale will allow Coherent to allocate its engineering and marketing resources to its transmission product lines." "The long tail length and fast convergence provided by the Voicecrafter 3000 technology make it an ideal fit with BIAMP's wide range of programmable products for teleconferencing applications," stated Ron Camden, Vice President for Sales and Marketing at BIAMP. Coherent Communications Systems Corporation is a worldwide leader in echo control, voice enhancement and audio conferencing See audioconferencing. technology. The company manufactures a full line of echo canceller systems and application-specific software designed to address the unique network requirements of wireline and wireless telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. carriers worldwide. BIAMP Systems is an industry leader in digitally controlled, programmable and DSP-based professional audio products. Also available via, http://www.coherent.com CONTACT: Coherent Michele Probst, 703/724-7352 mprobst@coherent.com or BIAMP Ron Camden, 503/641-7287 mktg@biamp.com |
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