As you may know, Telebit recently entered into an exciting new
venture. Telebit Corporation will become a new, privately-held
company, in conjunction with the acquisition by Cisco Systems,
Inc. Under this agreement, Cisco will acquire Telebit's Modem ISDN Channel Aggregation (MICA) technology,
and Telebit's management will buy out the company's remaining
assets to form a new company. The agreement also includes a strategic
technology alliance, by which Telebit will license MICA technology
from Cisco for future product development.
WHAT DOES THIS MEAN FOR YOU?
It's important to note that although Cisco will acquire MICA,
Telebit will still have the rights to use the technology in current
and future products. Therefore, this means:
MicaBlazer and the MICA Granite Card for the NetBlazer are the
first in a series of Telebit products to be based on MICA digital
modem technology. In February, we plan to ship MICA for NetWare.
Development efforts are also underway for MICA for NT, slated
for shipment in Q3. Telebit will continue to develop MICA-based
LAN server products as part of our WAN Interface Card (WIC) strategy.
These Telebit products will be available through our traditional
distribution and reseller channels. The newly-formed Telebit will
expand its market presence in other areas of technology and continue
its legacy as a technical innovator.
Telebit is very excited about the market opportunities that will
arise from the MICA technology and the strategic relationship
with Cisco, the largest internetworking company in the industry.
In addition to providing us with access to MICA technology, this
alliance provides Telebit with the best-of-breed engineering resources
in future product development. We'll reap tremendous benefits
by leveraging Cisco's MICA development efforts.
Copyright © 1997 by Telebit Incorporated