Rim Semiconductor Announces Technical Trial Agreement with Leading Telecom Equipment Supplier in China
Chinese Telecom Supplier Currently Buys Tens of Millions of Units Annually in Rim Semi’s Product Category
PORTLAND, Ore.--(BUSINESS WIRE)--Rim Semiconductor Company (OTCBB:RSMI), the inventor and leader in Internet Protocol Subscriber Line™ (IPSL™) technology, today announced that a leading telecom equipment supplier in China agreed to conduct a technical trial of Rim Semi’s Cupria™ transport processor.
China is the largest DSL market in the world. At present, over 36 million DSL lines are in use nationally. New installations are growing at a rate of 15 percent each year. By 2009 there will be an estimated 17 - 20 million Internet Protocol TV (IPTV) users across China.
Under the technical trial program, the company intends to complete a product evaluation of the Cupria™ transport processor in China. The company’s agreement with Rim Semi does not bind Rim Semi or the equipment manufacturer. The company has asked Rim Semi to not identify them publicly until such time as they agree, or until Rim Semi is required to identify them under Securities and Exchange Commission rules and regulations.
“By far, digital subscriber line remains the broadband access technology of choice in China and around the world. DSL has consistently proven to be cost effective, reliable and easy to deploy, but continues to demonstrate performance limitations,” stated Brad Ketch, president and chief executive officer of Rim Semiconductor Company. “With Cupria™ IPSL breakthrough performance, telecom equipment companies stand to offer carriers the much needed capability and capacity to handle triple play services such as IPTV.”
