LSI LOGIC INVESTS IN TOLLBRIDGE TECHNOLOGIES, A VOICE-OVER-BROADBAND LEADER Investment is Part of LSI's Communications Strategy MILPITAS, Calif., March 13, 2000 - LSI Logic Corp. (NYSE: LSI) announced today it has invested as a corporate partner in Tollbridge Technologies, the leading developer of high-quality voice-over-broadband solutions for a new generation of carriers. The equity investment by LSI Logic is part of the company's previously announced strategy to invest in communications companies with promising technologies. LSI recently established a $50 million communications venture fund to expand LSI Logic's position in the global communications market. Communications is the fastest growing sector of LSI Logic's business. "In a very short period of time, Tollbridge has already established itself as a leader in the high-growth Voice over DSL space," said John Daane, LSI Logic executive vice president of the Communications Products Group. "LSI Logic is actively seeking leading-edge technology companies that compete in the global communications market for strategic equity investments. We are looking forward to the continuation of our productive relationship with Tollbridge, one of the first customers for our ZSP digital signal processor standard product." About LSI Logic Corporation LSI Logic Corporation is a leading supplier of communications chips for broadband, data networking, wireless and set-top box applications. In addition, the company provides chips and boards for products that comprise network computing, and supplies storage network solutions for the enterprise. LSI Logic is headquartered at 1551 McCarthy Boulevard, Milpitas, CA 95035, 408-433-8000, www.lsilogic.com. About TollBridge Technologies Founded in March 1998 and located in Santa Clara, Calif., TollBridge Technologies is the leading provider of voice-over-broadband solutions to a new generation of carriers. TollBridge solutions change the economics of delivering voice services by allowing carriers that own Class 5 switches to use broadband access technologies, such as DSL or cable, to bypass the Incumbent Local Exchange Carrier (ILEC) and deliver toll-quality voice and integrated data services. For more information about TollBridge Technologies, visit the company's Website at http://www.tollbridgetech.com or contact Rich Farana at 408-585-2146. NOTES:- The LSI Logic logo design, CoreWare and The System on a Chip Company are registered trademarks of LSI Logic Corporation. All other brand or product names may be trademarks or registered trademarks of their respective companies.
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- TollBridge and TollVoice are trademarks of TollBridge Technologies, Inc.
TollBridge and TollVoiceTM are trademarks of TollBridge Technologies, Inc. All other service marks and trademarks are the property of their respective owners. |