DSP Group Inc. (ticker: DSPG, exchange: Privately Held)
News Release -
DSP Group Unveils Total Telephony Solutions(TM) for Digital Cordless Telephony Applications
Panasonic Line of Digital Phones First to Feature DSP Group's Range 900 Family of Chips
Oct. 8, 2001, Santa Clara, Calif. - DSP Group, Inc. (NASDAQ: DSPG), a global leader in the development and marketing of high-performance, cost-effective digital signal processing (DSP) cores and system-on-a-chip (SOC) products for corded, cordless, and voice over Internet protocol (VoIP) telephony applications, today unveiled a new family of DSP-based silicon solutions for a full range of digital cordless telephones.
The new Range 900 Family of chips include all necessary functions -- including caller ID, full-duplex SpeakerPhoneŽ and TrueSpeech triple-rate CODERŽ speech compression -- to provide telephone equipment manufacturers with a full lineup of added-value digital cordless telephony applications.
The Range 900 Family consists of a universal, highly integrated radio chip, DS9RF21, along with three integrated DSP baseband controllers:
- DR36107 for versatile handsets
- DR36119 for Caller ID base sets
- DR36569 for fully featured base sets
"This is the first step in our long-term strategy, called Total Telephony Solutions, to support all existing digital cordless standards," said Victor Koretsky, vice president, sales and marketing, at DSP Group. "With all the necessary technology already in hand, DSP Group intends to aggressively pursue a roadmap to wireless home-networking appliances."
The new Range 900 Family joins DSP Group's existing technologies and products -- such as its TrueSpeech triple-rate CODERŽ digital answering machine, true full-duplex SpeakerPhoneŽ, FlexiSpeech, voice recognition and speech synthesis -- that provide customers with end-to-end solutions for digital cordless telephones.
Kyushu Matsushita Electric Co., Ltd. -- a subsidiary of Matsushita Electric Industrial Co., Ltd. (NYSE: MC), which is best known for its Panasonic brand -- is the first customer to incorporate DSP Group's Total Telephony Solutions in digital cordless phones. The new line of Kyushu Matsushita-manufactured Panasonic 900 MHz digital phones, introduced in the United States this summer, takes advantage of DSP Group's versatile and cost-effective integrated solutions and fills a market niche between low-cost analog cordless phones and the high-end, spread-spectrum, 2.4 GHz phones.
Price and Availability
DSP Group's Range 900 products are available now in small-footprint packages. Prices start below $10 for the Caller ID chip set.
About DSP Group, Inc.
DSP Group, Inc., is a global leader in the development and marketing of high-performance, cost-effective, licensable DSP cores. The company's family of DSP cores provides ideal solutions for low-power, high-volume applications such as cellular, broadband communications, VoIP, digital audio, disk-drive controllers, and many other DSP applications. By combining its DSP core technologies with its proprietary, advanced speech-processing algorithms, DSP Group also delivers a wide range of enabling, application-specific integrated circuits for full-featured, cordless digital telephony products, including 900 MHz and 2.4 GHz cordless technologies. DSP Group's headquarters are located in Santa Clara, Calif. and the company maintains an affiliate presence around the world.
DSP Group Safe Harbor Statement
This press release contains statements that qualify as "forward-looking statements" under the Private Securities Litigation Reform Act of 1995, including statements made by Mr. Koretsky about the Company's long-term strategy to support all existing digital cordless standards and its entry into the market for wireless home-networking appliances, and the statements made on the following topics: the visibility and future growth of the Company's business, the introduction, timing of releases and success of the new Range 900 family of chips and the Company's expectations, plans, intentions or strategies for the future of its business, including, the general demand for the Company's technology and products and its positioning for continued success and continued market growth. These forward-looking statements are based on current expectations and the Company assumes no obligation to update this information. In addition, the events described in these forward-looking statements may not actually arise. The Company's actual results could differ materially from those described in this press release as a result of various factors, including, the acceptance by OEM customers of the new Range 900 family of chips, the Company's ability to bring its new products to market quickly at cost-effective prices and to add innovative features that differentiate its products from those of its competitors and the general market demand for products that incorporate the Company's digital cordless technology. For a further discussion of such factors, see the information provided under the heading "Factors Affecting Future Operating Results" in our quarterly report on Form 10-Q for the quarter ended June 30, 2001, which was filed with the Securities and Exchange Commission on August 14, 2001 and is also available on our Web site (www.dspg.com) under Investor Relations.
This press release is also available through the company's News on Call fax service, (800) 758-5804, company code 112025.
Total Telephony Solutions, TrueSpeech, Triple Rate CODER, True FULL-Duplex SpeakerPhone and FlexiSpeech are trademarks or registered trademarks of DSP Group. All other product names are trademarks of the respective owners.
DSP Group, Inc.
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DSP Group, Inc.