PixStream Adopts IDT's Communications ICs for Video Networking Applications; IDT Enables PixStream Customers to Expand Services Beyond High-Speed Internet Access

Business Wire, May 22, 2000

Business Editors/High-Tech Writers

SANTA CLARA, Calif.--(BUSINESS WIRE)--May 22, 2000

IDT (Nasdaq:IDTI), a leading communications IC provider, today announced that PixStream Incorporated, a leading developer of video head-end solutions for telephone companies, has deployed a variety of IDT communications products in its digital video networking systems. PixStream utilizes IDT's innovative communications solutions including the SwitchStar(TM) switching device, board-level networking devices and communications memories. PixStream's video networking systems are aimed at assisting telecommunications companies and network service providers to expand their service offerings beyond fast Internet access to high-quality multimedia and digital video services.

"To offer high-quality TV content redistribution, broadband interactive video and video courier applications, it is critical that our products are supported at the very core by reliable communications ICs designed specifically for communications needs," said Marc Morin, PixStream's chief technology officer. "We selected IDT for their solid product lines, high performance, strong technical support and timely delivery. IDT has been providing this level of support for more than two years, enabling us to construct flexible, high-performance processing architectures and introduce products with significant reductions in development cost, effort and time."

PixStream designs a variety of IDT communications products into its video networking systems, which have been shipped to network service providers and telecommunications companies around the world. IDT's products support efficient transportation of high-quality video and audio over broadband networks, enabling PixStream customers to efficiently gather broadcast TV and radio content, and distribute it to homes using xDSL technology. The devices also facilitate in-store video ads and monitoring through video courier applications. IDT's communications ICs provide the basic infrastructure that supports broadband interactive video services for video conferencing, interactive distance learning (IDL) and tele-medicine.

"IDT continuously strives to utilize multiple core technologies to provide solutions that add value to the system," said Phil Bourekas, vice president of IDT's Internetworking Products Division (IPD). "We have received widespread acceptance of our communications ASSPs and communications memory products by integrating product-, market- and customer-driven strategies. We attribute our success to the company's experience, expertise and ability to respond quickly to the needs of our customers and the market."

Communications IC solutions for PixStream

PixStream video networking systems currently use a variety of embedded communications ICs and switching products as well as products from its FIFO and logic product families. Some of these devices include IDT's family of 64-bit RISController(TM) processors (RC4650 and RC5000); SwitchStar switching device (77V400); 155Mbps Available Bit Rate (ABR) Asynchronous Transfer Mode (ATM) adapter family in PCI Mezzanine Card (PMC) form factor (IDT7M9230 and IDT7M9240); and high-performance 10/100 Ethernet connectivity for PCI Mezzanine Card (PMC)-based systems (7M9401) and DS-3/E-3 ATM adapter in PCI Mezzanine Card (PMC) form-factor (IDT7M9250).

About PixStream Incorporated

PixStream develops, manufactures and globally markets hardware and software solutions that enable network service providers and enterprises to reliably distribute and manage digital video. PixStream solutions transport high-quality video and audio over broadband networks, optimizing bandwidth and enabling customers to introduce leading-edge video services and applications. Major service providers around the world including Bell Canada, ExOp of Missouri Inc., Kingston Vision, NBTel and QuebecTel have chosen PixStream for their video networking solutions. Founded in 1996, PixStream is based in Waterloo, Canada and has offices in Canada, the United States and Europe. More information is available at www.pixstream.com.

About IDT

IDT enhances the global network with semiconductor solutions for communications companies that lead innovation and drive convergence in voice, data and wireless networks. Communications-industry leaders choose IDT for its high-performance products that accelerate time to market and boost bandwidth in the network infrastructure. IDT's communications memories offer the broadest selection of FIFOs, multi-ports, ZBT(R) and QDR(TM) SRAMs; its communications ASSPs include ATM switches, TSI/TDM switches, high-speed PHYs and embedded processors; and the product mix also incorporates high-speed SRAMs, high-performance logic and clock management products.

Headquartered in Santa Clara, Calif., the Company employs approximately 4,800 people worldwide and has manufacturing facilities in California, Oregon, the Philippines and Malaysia. IDT stock is traded on the Nasdaq stock market under the symbol "IDTI." Additional information about IDT is easily accessible at www.idt.com or CD-ROM by calling 800/345-7015. The investor hotline is 408/654-6420.