Rim Semiconductor Completes New Technology Services Agreement with Telcordia.PORTLAND, Ore. -- Rim Semiconductor Company (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :RSMI), an innovator in video-over-copper technology, announces the completion of a new technology services agreement with Telcordia Technologies Telcordia Technologies, formerly Bell Communications Research, Inc. or Bellcore, is a telecommunications research and development (R&D) company based in the United States and created on January 1 1984 as part of the 1982 Modification of Final Judgment that broke up , Inc (www.telcordia.com). The new agreement continues the work completed by Telcordia in May 2006. The new agreement includes technical and performance evaluation Performance evaluation The assessment of a manager's results, which involves, first, determining whether the money manager added value by outperforming the established benchmark (performance measurement) and, second, determining how the money manager achieved the calculated return of Rim Semiconductor's IPSL IPSL International Partnership for Service Learning IPSL Internet Protocol Subscriber Line IPSL Idle Property Screening List (NASA) technology, completion of a contribution to the DSL forum The DSL Forum is a world wide consortium of about 200 companies which are part of the different divisions of the telecommunication and information technology sector. The DSL Forum was founded in 1994 and is used as a platform for companies that operate in the broadband market. and disseminating these analyses to the industry. In May 2006, Telcordia performed a detailed study of Rim Semiconductor's system. Telcordia's report, entitled "Rim Semiconductor - Analysis of System Performance," compares Rim Semi's system to the performance of VDSL See DSL. VDSL - Very high bit-rate Digital Subscriber Line 2. Telcordia's detailed study utilizes transmission system models and models of the copper telephone loop plant. The Telcordia report describes the modulation system, discusses the performance analysis methodology used, and presents an array of performance results compared to VDSL2. A copy of the complete Telcordia report will be made available to prospective customers and business partners in limited circumstances. About Rim Semiconductor Rim Semiconductor Company (OTCBB:RSMI) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company's chips allow data to be transmitted at greater speed and across extended distances over existing copper wireCoall with the highest quality of serviceCofor a better end-user experience. For more information, visit www.rimsemi.com. With the exception of historical information contained in this press release, this press release may include "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. " within the meaning 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. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation to revise or update any forward looking statement in order to reflect events or circumstances that may arise in the future. |
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