NPI Delivers a Full Range of 10/100 Dual-Speed Switching and Repeater Hub Motherboards Designed for OEM Partnerships.MILPITAS, Calif.--(BUSINESS WIRE)--Dec. 1, 1997-- Multi-Million Dollar OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and Agreement Signed With Asian Networking Company NPI NPI National Provider Identifier, see there (Network Peripherals 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 :NPIX), a leading developer of high performance FDDI (Fiber Distributed Data Interface) Often pronounced "fiddy," it was a LAN and MAN access method that had its heyday in the mid-1990s. FDDI was an ANSI standard token passing network that transmitted 100 Mbps over optical fiber up to 10 kilometers. , Ethernet and Fast Ethernet An earlier name for 100Mbps Ethernet. See 100Base-T. (networking) Fast Ethernet - A version of Ethernet developed in the 1990s(?) which can carry 100 Mbps compared with standard Ethernet's 10 Mbps. It requires upgraded network cards and hubs. switching solutions, today announced that it is finalizing a full range of wire-speed 10/100 auto-sensing switching and repeater hub motherboards based on the company's third generation NuCleus ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor. chipsets. The ASIC chipset solution is specifically designed for OEM partnerships and NPI has already signed a multi-million dollar, multiple year OEM agreement with a large networking company in Asia. These board-level switches and hubs are designed to enable OEM customers to differentiate their products with NPI's high performance technologies and to shorten their development cycles to increase product time to market. This OEM agreement comes on the heels of NPI's recent announcement of its strategic business repositioning. In a press release dated Oct. 1, 1997, NPI announced the formation of three new business units, the NuWave, NuSwitch and NuCleus Groups, aimed at expanding the company's product offerings and OEM customer base. The NuCleus Group is entering a new market segment with a series of very low cost, wire-speed commodity switching motherboards designed to be resold to system and networking companies on an OEM basis. With the agreement announced today, NPI will supply its Asian OEM partner with a full range of 10/100 dual-speed Ethernet switches in 2, 4, 8 and 12 port configurations and shared 10/100 Ethernet repeater hubs in motherboard form which will be used to shorten the company's product time to market. "We are very pleased with our new OEM relationship with our partner in Asia," said Pauline Lo Alker, NPI's President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "Not only does it represent a solid validation of our new business strategy of penetrating the emerging commodity 10/100 Ethernet switching market with our Nucleus ASIC chipsets, the business relationship will enable many end user customers to have access to our products through our partner's strong sales channels worldwide." Early shipments of these products will begin during the current quarter. -0- Statements in this release are forward-looking and have been made in reliance upon the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. The future events described above in such statements involve risks and uncertainties, including: -- Pricing actions and new product introductions by NPI and/or its competitors; -- The timing and magnitude of new orders from OEM customers and distributors; -- The product and channel mix of new orders; -- The rate of sell-through in the distribution channels; -- The development and commercialization of new technologies; -- The ability of NPI to recruit and retain technical and other staff; -- And other factors. -0- About NPI NPI designs, manufactures and markets a full range of high-performance FDDI, 10/100 and Gigabit Ethernet switching solutions for workgroups, wiring closets and backbones. These solutions are designed to enhance the bandwidth and performance of client/server networks, embrace all popular high-speed technologies and preserve the end-user's current Ethernet investments. NPI maintains corporate headquarters in Milpitas, Calif. with R&D centers in California, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and in Taiwan. For more information about NPI call 800/NPI-8855 or go to http://www.npix.com CONTACT: NPI Robert Hersh, 408/321-7300 rhersh@npix.com or The Horn Group Inc. Valdis Hellevik, 415/579-6450 vhellevik@horngroup.com |
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