Intersil Corporation (ticker: ISIL, exchange: NASDAQ Global Market (.O))
News Release -
5-Jun-2002
Intersil's New Dual-Band Chip Set Unites the 802.11a, b & g WLAN StandardsIRVINE, Calif., Jun 5, 2002 (BUSINESS WIRE) -- Intersil Corp.(Nasdaq:ISIL):
--PRISM Duette delivers seamless compatibility for WLANs operating
in both 2.4 GHz and 5 GHz bands
--Intersil will sample PRISM Duette by year's end and targets
product to be on the market early in 2003
Intersil Corporation (Nasdaq:ISIL), a world leader in the design and manufacture
of high performance analog and wireless networking solutions, today announced
PRISM Duette(TM) -- a dual-band 802.11a and 802.11g Wireless Local Area
Networking (WLAN) solution capable of transmitting high-speed video, voice and
data at speeds up to 54 million bits per second (Mbps) while remaining 100
percent backward compatible to the existing installed base of over 15 million
Wi-Fi (802.11b) systems worldwide.
"Our goal for PRISM WLAN technology has always been to ensure that 2.4 and 5 GHz
WLANs are complementary technologies that offer complete flexibility in
developing and deploying WLAN platforms," said Larry Ciaccia, vice president and
general manager for Intersil's Wireless Products Group. "We've leveraged over
five years of WLAN innovation and IC integration in creating PRISM Duette. Our
unique two-chip solution will enable seamless mobility between 2.4 GHz and 5 GHz
WLANs and provides a compelling solution for our customers."
PRISM Duette features Intersil's highly integrated Baseband Processor and Medium
Access Controller (BBP/MAC) and direct down conversion (ZIF) architecture. Its
dual-band OFDM-based (Orthogonal Frequency Division Multiplexing) technology
communicates with both 2.4 GHz and 5 GHz WLAN devices. Because it is 100 percent
standards based, PRISM Duette is an ideal technology to design into leading edge
wireless networking platforms, while offering owners of existing wireless
networks investment protection as they migrate towards next-generation WLAN
technology.
PRISM Duette enables a wide range of broadband WLAN applications leveraging
PRISM(R) 2.4 GHz and 5 GHz technologies to support infrastructure applications
such as building-to-building wireless bridging, environments where a very high
density of users require the extra channel capacity available in the 5 GHz band
and bandwidth hungry applications such as video conferencing. PRISM Duette is
also ideal for home networking applications such as simultaneous multi-channel
streaming video and voice and CD-quality audio playback. The device also uses
the 2.4 GHz band to support legacy Wi-Fi equipment performing 802.11b WLAN
applications including Internet access, Web browsing and messaging.
"We're committed to providing our customers with complete 802.11a, b, g,
dual-band and multi-mode WLAN solutions for portable devices that will provide
seamless roaming capabilities anywhere in the world regardless of the
infrastructure," commented Larry Ciaccia.
About Intersil
Intersil Corporation manufactures and markets high performance analog and
wireless networking solutions. As a global semiconductor leader, Intersil
focuses on four of the industry's fastest growing markets - flat panel displays,
optical storage (CD and DVD recordable), power management, and wireless
networking. Intersil brings added customer value in providing complete silicon,
software and reference design solutions to new products that enhance the
computing experience for people wherever they live, work or travel. For more
information about Intersil or to find out how to become a member of our winning
team, visit the company's web site and career page at www.intersil.com.
This press release contains forward-looking statements as defined in Section 27A
of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of
1934. Such forward-looking statements are based upon Intersil Corporation's
("Intersil") management's current expectations, estimates, beliefs, assumptions,
and projections about Intersil's, and its Elantec Product Group's ("Elantec"),
business and industry. Words such as "anticipates," "expects," "intends,"
"plans," "predicts," "believes," "seeks," "estimates," "may," "will," "should,"
"would," "potential," "continue," and variations of these words (or negatives of
these words) or similar expressions, are intended to identify forward-looking
statements. In addition, any statements that refer to expectations, projections,
or other characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements. These forward-looking
statements are not guarantees of future performance and are subject to certain
risks, uncertainties, and assumptions that are difficult to predict. Therefore,
our actual results could differ materially and adversely from those expressed in
any forward-looking statements as a result of various risk factors. Important
risk factors that may cause such material differences for Intersil's WLAN
product group include, but are not limited to: the slowdown in the technology
sector; the rate at which consumers adopt small handheld Internet appliances and
portable computing devices in enterprises and in homes; the rate at which
consumers purchase notebook computers with embedded wireless; the rate at which
our present and future customers and end-users adopt Intersil's wireless access,
technologies; the timing, rescheduling or cancellation of significant customer
orders; the ability of our customers to manage inventory; the loss of a key
customer; the qualification, availability and pricing of competing products and
technologies and the resulting effects on sales and pricing of our products;
silicon wafer pricing and the availability and quality of our foundry capacity
and raw materials; availability, pricing, and quality of third party foundry and
assembly and test capacity and raw materials; fluctuations in the manufacturing
yields of our third party foundries and assembly and test facilities, and other
problems or delays in the fabrication, assembly, testing or delivery of our
products; the risks of producing products with new suppliers and at new
fabrication and assembly and test facilities; problems or delays that we may
face in shifting our products to smaller geometry process technologies; the
effectiveness of Intersil's expense and product cost control and reduction
efforts; the risks inherent in acquisitions, including the acquisition of
Elantec (including integration issues; costs and unanticipated expenditures;
changing relationships with customers, suppliers, and strategic partners;
potential contractual, employment, and intellectual property issues; risks of
not securing regulatory approvals; accounting treatment and charges; and the
risks that the acquisition cannot be completed successfully, or that the
anticipated benefits of the acquisition are not realized); intellectual property
disputes, customer indemnification claims, and other litigation risks;
Intersil's ability to develop, market, and transition to volume production new
products and technologies in a timely manner, as well as other risk factors.
Intersil's recently filed quarterly report on Form 10-Q and other Intersil
filings with the U.S. Securities and Exchange Commission ("SEC") (which you may
obtain for free at the SEC's web site at www.sec.gov) discuss some of the
important risk factors that may affect our business, results of operations, and
financial condition. These forward-looking statements are made only as of the
date of this communication and Intersil undertakes no obligation to update or
revise these forward-looking statements.
PRISM is a registered trademark and PRISM Duette is a trademark of Intersil
Americas Inc. All other trademarks mentioned are the property of their
respective owners.
CONTACT: Intersil
Ron Paciello, 321/724-7184
rpaciell@intersil.com
or
Ketchum
Kevin Oates, 310/584-8331
kevin.oates@ketchum.com
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