Message #12 From:
Stock News Bot Date: November 14, 2006 03:00:00 AM
RSMI News Extreme Copper Selects Rim Semiconductor for Three Year Supply Agreement
PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB: RSMI), an innovator in
video-over-copper technology, and Extreme Copper, Inc., a supplier of
DSL equipment solutions, jointly announced Rim Semi’s
Cupria™ family of semiconductors will power
new transport equipment from Extreme Copper to support advanced video,
data and voice applications. The contract establishes Rim Semiconductor’s
technology as the new standard for Extreme Copper’s
next generation digital subscriber line access multiplexers (DSLAM) and
customer premises equipment (CPE).
Extreme sells to telecommunications and municipality markets and has
successfully deployed equipment in Intelligent Traffic/Transportation
Systems management, Hospitality and Telco terminal node network
applications. Extreme has demonstrated innovative leadership by
developing the world’s first Wireless
Integrated Switch/Router and an innovative product suite consisting of:
the NE-300, RP-300 and SLT-1000 Hardened, Wireline and DSL/LAN Extension
Products.
Extreme selected Rim Semiconductor’s
technology for the superior data rate and reach for video applications.
CupriaTM will be used in Extreme Copper’s
new SRi3000 series of 4, 8 and 24 port DSLAM products, network line
extenders and CPE products.
“With its focus on innovating copper-based
broadband solutions, Rim Semiconductor has advanced the DSL market,”
says Robert V. Nino, president and CEO of Extreme Copper. “The
new products will be the highest performing xDSL solution available. By
incorporating Rim Semi’s new technology, we
will have a better performing solution than equipment currently on the
market — and we can better meet the
performance requirements of our customers.”
“Our technology opens up tremendous
opportunities for market differentiation for equipment suppliers,”
adds Brad Ketch, CEO of Rim Semiconductor Company. “Extreme
Copper is known for its quality equipment and early adoption of new
technologies and we’re pleased they are the
first company to bring Cupria™ to market.
Their new line of Cupria™-based products
validates our vision for better quality of service in video-over-copper
technology.”
The Cupria™ family of copper transport
processors is based on Rim Semiconductor’s
innovative new Internet Protocol Subscriber Line (IPSL) technology.
Cupria™ delivers significantly more bandwidth
over longer distances, increasing the total available market for triple
play services while lowering network costs. The IP-based technology
offers a better end-user experience than other video-over-copper
technologies to deliver superior image quality. Cupria™
is currently in development and both companies will be performing
testing later this year. Extreme Copper plans to ship its new Cupria™-based
product line next year. Based on Extreme Copper’s
growth estimates, Rim Semi and Extreme believe the contract could result
in $3 million dollars in sales of Rim Semi’s
Cupria™ family of semiconductors.
About Extreme Copper
Extreme Copper, Inc. has a mission to leverage the existing copper plant
to provide high-speed communications options to the networking
community. Extreme offers innovative products that move multi-megabit
communications to the network edge and into the enterprise or
residential premises. Extreme has successfully deployed equipment in
intelligent traffic/transportation systems management, hospitality and
telco terminal node network applications. Extreme also developed the
world’s first wireless integrated
switch/router and other innovative product suites.
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
products allow data to be transmitted at greater speed and across
extended distances over existing copper wire —
all with the highest quality of service — for
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"
within the meaning of the Private Securities Litigation Reform Act 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.