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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: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 marketplace. Today's agreement provides WaveMark with access to Osicom's high-speed, shared memory interface Digital Products Option (DPO) 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 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, including Novell NetWare, AppleTalk, UNIX, TCP/IP 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, 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) 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 provisions of the Private Securities Litigation Reform Act 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; 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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Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 
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Date:Aug 10, 1998
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