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LEVEL ONE COMMUNICATIONS PLANS A PUBLIC OFFERING

 FOLSOM, Calif., Jan. 13 /PRNewswire/ -- Level One Communications Inc. (NASDAQ: LEVL) today announced that it plans to file a Registration Statement with the Securities and Exchange Commission for the purpose of making a public offering of 2,800,000 shares of its common stock. The company plans to offer 1,110,168 shares of common stock, and certain shareholders of the company plan to offer 1,689,832 shares of common stock. The above share amounts reflect the company's previously announced 3-for-2 stock split which has a payment date of Jan. 20, 1994. This offering will be made only by means of a prospectus that will be contained in the Registration Statement.
 Level One designs, develops and markets mixed-signal application specific standard integrated circuit products ("ASSPs") for high-speed digital signal transmission and networking connectivity applications. Level One combines its strengths in analog and digital circuit design with its communications systems expertise to produce mixed-signal solutions with increased functionality and greater reliability, resulting in lower total system cost.
 -0- 1/13/94
 /CONTACT: Doug Sherk, 415-296-7383, or Stephanie Ferrell or Sue Rodney, 212-850-5600, all of Morgen-Walke Associates for Level One/
 (LEVL)


CO: Level One Communications Inc. ST: California IN: CPR SU: OFR

LW-TM -- SF009 -- 1623 01/13/94 06:31 EST
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Publication:PR Newswire
Date:Jan 13, 1994
Words:210
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