Corega Selects Intersil's PRISM GT Chip Set for Their New 802.11g Wireless PC Card and Access Point.Business Editors/High-Tech Writers MILPITAS, Calif.--(BUSINESS WIRE)--Jan. 21, 2003 Intersil Corporation (Nasdaq:ISIL ISIL International Society for Individual Liberty ISIL Interim Support Items List ISIL Intelligence Systems Integration Laboratory (Ft. Huachuca, Arizona; US Army facility for integrating intelligence systems) ) -- Corega's New 802.11g WLAN Products Are Targeted for the Consumer and SOHO Markets -- PRISM GT Technology Delivers the Speed of 802.11a Speed and Range of 802.11b WLAN Systems Intersil Corporation (Nasdaq:ISIL), a world leader in the design and manufacture of high performance analog and wireless networking See wireless network. solutions, today announced that corega, a leading provider of high quality networking solutions, has selected Intersil's PRISM GT(TM) Wireless Local Area Networking (WLAN See wireless LAN. WLAN - wireless local area network ) chip set for their new corega WLCB-54G (Wireless PC Card) and corega WLAP-54G Set (Wireless Access Point and Wireless PC Card). The new corega PC Card and AP incorporate Intersil's highly integrated two-chip PRISM GT solution. Since both the 802.11b and 802.11g standards are built in, the user can protect their investment in an existing 802.11b infrastructure while migrating their network to the new 802.11g draft standard with data transmission speeds up to 54 million bits per second (Mbps). Intersil's PRISM GT technology is fully compatible with any 802.11b radio. "Corega provides a complete range of wireless products for the consumer and small office/home office See SOHO. (SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. ), and our new 802.11g products will significantly enhance the broadband experience for our customers," said Seiki Ishizu, managing director and COO of corega. "PRISM GT's high data rate and reliable performance enabled corega to develop wireless networking solutions that are optimized for high-data-rate performance in compliance to the IEEE's 802.11g draft standard." "Intersil's PRISM GT technology delivers the fast 54 Mbps speed of 802.11a WLAN systems with the superior range of 802.11b wireless networks," said Larry Ciaccia, vice president and general manager of Intersil's Wireless Networking Product Group. "Corega has a well established and extensive distribution and retail channel in Japan. We are very excited to add corega to the growing list of global customers bringing PRISM GT-based products to market." About corega corega K.K. is a leading provider of high quality networking solutions. Over the last five years corega K.K. has sold its highly competitive brand of networking products though more than 6,000 retails outlets to become one of the leading consumer networking brands in Japan. Formed in 1996 and a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Allied Telesis Allied Telesis is a telecommunications company, formerly Allied Telesyn. Headquartered in Japan, their North American headquarters are in Bothell, Washington, a suburb of Seattle. K.K. (Japan), corega K.K. achieved sales in excess of $60 million in 2001, making it Japan's largest consumer-networking brand. corega's wireless products began with an 802.11b PC Card and Access Point in March 2000 and corega K.K. aggressively markets the latest innovative products such as wireless PC cards, access points, USB adapters Refers to some type of network or communications controller that plugs into the computer via the USB port. It may refer to an Ethernet adapter, Bluetooth adapter or serial or parallel port adapter. and routers and is proud of its growing retail market share. About Intersil Intersil Corporation is a global semiconductor leader in the design and manufacture of high performance analog and wireless networking solutions. Intersil's product portfolios address four fast growing markets -- flat panel displays A thin display screen for computer and TV usage. The first flat panels appeared on laptop computers in the mid-1980s, and the LCD technology became the standard. Stand-alone LCD screens became available for desktop computers in the mid-1990s and exceeded sales of CRTs for the first time , optical storage (CD and DVD recordable DVD recordable and DVD rewritable refer to DVD optical disc formats that can be recorded (written, "burned"), either or rewritable (write multiple times) format written by laser, as compared to DVD-ROM, which is mass-produced by pressing. ), power management and wireless networking. Intersil brings added customer value in providing complete silicon, software and reference design solutions to new products that enhance the computing experience for people wherever they live, work or travel. For more information about Intersil or to find out how to become a member of our winning team, visit the company's web site and career page at: http://www.intersil.com 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. as defined in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements are based upon Intersil Corporation's ("Intersil") management's current expectations, estimates, beliefs, assumptions, and projections about Intersil's business and industry. Words such as "anticipates," "expects," "intends," "plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should," "would," "potential," "continue," and variations of these words (or negatives of these words) or similar expressions, are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections, or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties, and assumptions that are difficult to predict. Therefore, our actual results could differ materially and adversely from those expressed in any forward-looking statements as a result of various risk factors. Important risk factors that may cause such material differences for Intersil's WLAN product group include, but are not limited to: the slowdown in the technology sector generally and the semiconductor industry specifically; our ability to successfully deploy our up integration strategy; the rate at which consumers adopt small handheld Internet appliances and portable computing devices in enterprises and in homes; the rate at which consumers purchase small handheld Internet appliances, portable computing devices, and notebook computers with embedded Inserted into. See embedded system. wireless; the rate at which our present and future customers and end-users adopt Intersil's wireless access technologies; the timing, rescheduling or cancellation of significant customer orders; the ability of our customers to manage inventory; the loss of a key customer; the qualification, availability and pricing of competing products and technologies and the resulting effects on sales and pricing of our products; silicon wafer pricing and the availability and quality of our foundry capacity and raw materials; availability, pricing, and quality of third party foundry and assembly and test capacity and raw materials; fluctuations in the manufacturing yields of our third party foundries and assembly and test facilities, and other problems or delays in the fabrication fabrication (fab´rikā´sh  n),n the construction or making of a restoration. , assembly, testing or delivery of our products; the risks of producing products with new suppliers and at new fabrication and assembly and test facilities; problems or delays that we may face in shifting our products to smaller geometry process technologies; the effectiveness of Intersil's expense and product cost control and reduction efforts; the risks inherent in acquisitions, including the acquisition of Elantec Semiconductor, Inc. (including integration issues; costs and unanticipated expenditures; changing relationships with customers, suppliers, and strategic partners; potential contractual, employment, and intellectual property issues; or that the anticipated benefits of the acquisition are not realized); intellectual property disputes, customer indemnification claims, and other litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. risks; Intersil's ability to develop, market, and transition to volume production new products and technologies in a timely manner; the quality of Intersil's products and any repair or replacement costs; the risks and uncertainties associated with Intersil's global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. , particularly in light of the war on terrorism Terrorist acts and the threat of Terrorism have occupied the various law enforcement agencies in the U.S. government for many years. The Anti-Terrorism and Effective Death Penalty Act of 1996, as amended by the usa patriot act ; the effects of natural disasters, international conflicts and other events beyond our control; the level of orders received and the ability to fill those orders in a given fiscal quarter; and other factors. Intersil's Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. , subsequent Quarterly Reports on Form 10-Q Form 10-Q See 10-Q. , recent Current Reports on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. , and other Intersil filings with the U.S. Securities and Exchange Commission ("SEC") (which you may obtain for free at the SEC's web site at www.sec.gov) discuss some of the important risk factors that may affect our business, results of operations, and financial condition. These forward-looking statements are made only as of the date of this communication and Intersil undertakes no obligation to update or revise these forward-looking statements. PRISM GT is a trademark of Intersil Americas Inc. All other trademarks mentioned are the property of their respective owners. |
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