Osicom and WaveMark Technologies Target High-Performance Color Laser Market; Partnership Capitalizes on User Demand for High-Quality, Network-Ready Printers.WALTHAM, Mass.--(BUSINESS WIRE)--Aug. 10, 1998--Osicom Technologies, 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 :FIBRD), today announced a strategic partnership with WaveMark(tm) Technologies, Inc., the developer of innovative embedded controllers for monochrome and color laserprinters for the 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 marketplace. Today's agreement provides WaveMark with access to Osicom's high-speed, shared memory (1) Using part of main memory to support a low-cost display circuit that does not have its own memory. See shared video memory. (2) The common memory in a symmetric multiprocessing system that is available to all CPUs. See SMP. 1. interface Digital Products Option (DPO DPO Direct Public Offering (finance/investment) DPO Direct Public Offering DPO District Police Officer (Pakistan) DPO Days Payables Outstanding DPO Document Process Outsourcing DPO Days Past Ovulation ) printing technology, which will enable WaveMark ced in the latter half of 1998 and early 1999. dramatically increase. These market trends also. "Today's OEM demands established, proven expertise in network connectivity and printer technology," e synergy between Osicom and WaveMark leverageop performing network printing solutions." ing NRE (Non-Recurring Engineering) Refers to the cost of creating a new product, which is paid up front. Contrast with "production cost," which is ongoing and based on the quantity of material produced. costs." About Osicom's DPO Osfication enables direct Ethernet connectivity to a device and allows the device to receive data faster than a standard parallel interface, which increases print job performance. OEMs can choose to embed the connectivity technology into the device by putting Osicom's NET+(tm)ARM(R) chip directly on the controller board, or provide an optional slot for a network interface card. The company's DPO Networking Card - which includes the NET+ARM chip, installed in the DPO Interface Specification open expansion compatible slot of a printer, provides a communication link between the printer and a network, and allows imaging devices to be shared by different computers on a network. The network can be comprised of multiple protocols and operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. , including Novell NetWare (operating system, networking) Novell NetWare - Novell, Inc.'s proprietary networking operating system for the IBM PC. NetWare uses the IPX/SPX, NetBEUI or TCP/IP network protocols. It supports MS-DOS, Microsoft Windows, OS/2, Macintosh and Unix clients. , AppleTalk, UNIX UNIX Operating system for digital computers, developed by Ken Thompson of Bell Laboratories in 1969. It was initially designed for a single user (the name was a pun on the earlier operating system Multics). , TCP/IP TCP/IP in full Transmission Control Protocol/Internet Protocol Standard Internet communications protocols that allow digital computers to communicate over long distances. and Windows NT. The card includes Windows-based and Web browser-based central management software so support -- such as printer setup and status reporting -- can be done remotely. About WaveMark Controller Products WaveMark offers a reference line of Power PC-based printer controller products to the embedded printer OEM market. The reference controller includes WaveMark's PFM acceleration 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. , which improves printer performance for printing complex documents by a factor of three to five. WaveMark has ported the industry standard Xionics Page Description Languages and RightColor(tm), color management technology to the controllers to further accelerate time-to-market. WaveMark also offers porting services to customize the base controller to meet specific OEM requirements. About Osicom Osicom Technologies is a leading provider of integrated networking and bandwidth aggregation solutions for enhancing the performance of existing data and telecommunications networks. The Company combines expertise across multiple disciplines to offer fiber transport, remote access, virtual private networking, video switching and transport, and network systems-on-silicon to carrier and enterprise customers. The Company brings value to its customers by offering end-to-end, single vendor solutions as an integrated set. Osicom's offerings feature open architectures, offer complete scalability and fully support industry standards. The Company's flagship products are the GigaMux(tm) family of Dense Wave Division Multiplexers (DWDM (Dense WDM) The term given to wavelength division multiplexing (WDM) when significantly more channels were being added. Since WDM is increasingly more "dense" all the time, both terms are used synonymously. See WDM. DWDM - wavelength division multiplexing ) for short-haul Metro applications, the NET+ARM system-on-silicon for network connectivity, and the IQX-200 family of scaleable Remote Access Servers. For additional company, product or financial information, please visit the Osicom website, http://www.osicom.com or call toll free 888-OSICOM8. For calls originating outside the United States, call 301-317-7710. About WaveMark WaveMark Technologies designs, markets and supports high-performance embedded controller designs for the printer-manufacturer market. Targeting the emerging market for color laserprinters, the company is currently developing solutions that leverage its rich expertise in industry-standard PDLs. Founded in 1997 and headquartered in Burlington, Massachusetts, WaveMark has hired a seasoned, world-class development team. For more information, visit the WaveMark Web site at http://www.wavemark.com. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties. The forward-looking statements in this release are made pursuant to 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. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to develop, produce, and market products that incorporate new technology on a timely basis, that are priced competitively and achieve significant market acceptance; higher expenses associated with the development and marketing of new products; changes in product mix; risks of dependence on third-party component suppliers; inventory risks due to shifts in market demand; the presence of competitors with broader product lines and greater financial resources; intellectual property rights and 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. ; needs for liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission. GigaMux and NET+ are trademarks of Osicom Technologies, Inc. ARM is a registered trademark of ARM Limited. WaveMark and RightColor are trademarks of WaveMark Technologies, Inc. All other trademarks are the property of their respective owners. CONTACT: Osicom's ENS Division WaveMark Technologies Ann McDonough Louise Domenitz (781)647-1234 x4331 (617)868-9032 amcdonough@osicom.com domenitz@tiac.net |
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