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[IMAGE]=09[IMAGE]=09[IMAGE]=09 Market Watch [IMAGE] Largest Short Postition Decreases [IMAGE] La= rgest Short Postition Increases [IMAGE] Lock-up Expiry Dates [IMAGE] = IPO Quiet Periods Expiries [IMAGE] IPO Withdrawals [IMAGE] Analyst = EPS Change - Upside [IMAGE] Analyst EPS Change - Downside [IMAGE] Hig= hest Analyst Activity [IMAGE] Earnings Calendar - This Week [IMAGE]= Upcoming Splits [IMAGE] Stock Splits [IMAGE] Coverage Initiation = [IMAGE] Coverage Re-Iteration HelpDesk [IMAGE] Unsubscribe [IMA= GE] Update my Membership / Profile [IMAGE] Forgot Username / Password = [IMAGE]Add / Edit Alerts [IMAGE]View My Alerts [IMAGE] = =09 As requested, your News Alert for AMCC follows from EquityAlert.com. = AMCC and Zarlink Semiconductor to Develop Complete 120 Gigabit Short-Rea= ch Optical Solutions=1DVertical Cavity Surface Emitting Laser (VCSEL)-Based= Solutions to Quadruple Capacity and Bandwidth Density of Optical Interconn= ects SAN DIEGO, Jun 5, 2001 (BUSINESS WIRE) -- Applied Micro Circuits Cor= p. (AMCC) (Nasdaq:AMCC) and Zarlink Semiconductor(TM) (formerly Mitel Semic= onductor) today announced they are developing multi-channel, interoperable = 10 Gigabit per second (Gbps) per channel products that will offer customers= complete short-reach optical connectivity solutions for high-capacity, nex= t-generation networking systems. Zarlink will introduce 12-channel, VCSEL= -based parallel fiber modules operating at 10 Gbps per channel, for an aggr= egate bandwidth of 120 Gbps. AMCC will bring to market interoperable physic= al layer, switch fabric, network processing and framer products. The intero= perability of AMCC's components and Zarlink's 10 Gbps per channel modules w= ill enable optical systems vendors to quadruple equipment capacity, while r= educing development cycles and time to market. Zarlink expects the market= for very short-reach parallel fiber solutions used in and between high-cap= acity network equipment to grow beyond US $1 billion within three years. Th= e companies' new 10 Gbps parallel fiber products meet customer requirements= for lower cost and higher speeds by offering four times the bandwidth dens= ity of today's 2.5 Gbps short-reach optical systems. "This is the next st= ep in our program to develop a family of very short-reach, high-capacity pa= rallel fiber modules that deliver the industry's best price-performance rat= io," said Claes Johansson, director of Zarlink's Optical Communications uni= t. "Developing modules that transport data at 120 Gbps is made possible by = continuing advances in our 10 Gbps VCSEL and patented packaging and manufac= turing technologies." Collaborative work on the new 10 Gbps products foll= ows a successful joint program to develop short-reach optical solutions ope= rating at 2.5 Gbps per channel. Zarlink's current generation of 4-, 8- and = 12-channel modules utilize AMCC's S7022 Quad VCSEL driver and S7025 Quad tr= ansimpedance amplifier (TIA), with integrated limiting amplifier and Loss o= f Signal (LOS) detection circuitry. "We will continue to build on our suc= cessful relationship with Zarlink for complete terabit connectivity solutio= ns that complement our PHY, framer/mapper, network processor, and switch fa= bric products for seamless distributed networking systems," said Paul Duran= , AMCC's product marketing manager. "This compelling technology is an essen= tial ingredient in the development of terabit networking systems that requi= re the lowest cost and power dissipation per gigabit as well the highest ba= ndwidth density per square inch." Target applications for the new product= s include proprietary interconnects in high-capacity scalable multi-chassis= routers, switches and optical cross-connects; and standardized interconnec= ts between this type of equipment in central offices. For example, the comb= ination of Zarlink's 10 Gbps per channel parallel fiber modules with AMCC's= PHY/framer products will enable a complete and cost-effective 40 Gbps tran= sponder solution for Very Short Reach (VSR) OC-768, compliant with proposed= Optical Internetworking Forum (OIF) standards. About Zarlink Semiconduct= or Zarlink employs its formidable analog, digital and mixed-signal capabil= ities to offer the most compelling products for wired, wireless and optical= connectivity markets and ultra low-power medical applications. Zarlink is = trading as Mitel Corp. on the New York and Toronto stock exchanges under th= e ticker symbol "MLT" until the new legal name of the company -- Zarlink Se= miconductor Inc. -- is approved by shareholders. For more information, visi= t www.zarlink.com. About AMCC AMCC designs, develops, manufactures and m= arkets high-performance, high-bandwidth silicon solutions for the world's o= ptical networks. AMCC utilizes a combination of high-frequency analog, mixe= d-signal and digital design expertise coupled with system-level knowledge a= nd multiple silicon process technologies to offer integrated circuit produc= ts that enable the transport of voice and data over fiber optic networks. T= he company's system solution portfolio includes PMD, PHY, framer/mapper, ne= twork processor, traffic management and switch fabric devices that address = the high-performance needs of the evolving intelligent optical network. AMC= C's corporate headquarters and wafer fabrication facilities are located in = San Diego. Sales and engineering offices are located throughout the world. = AMCC Forward-Looking Statements The statements contained in this press r= elease that are not purely historical are forward-looking statements within= the meaning of Section 27A of the Securities Act of 1933 and Section 21E o= f the Securities Exchange Act of 1934. Such forward-looking statements incl= uding statements relating to new products derived from the relationship are= subject to a number of risks and uncertainties, including the risk that su= ch products would not be successfully or timely designed, developed or manu= factured or achieve market acceptance, as well as the other risks and uncer= tainties set forth in the "Factors That May Affect Future Results" detailed= in the Company's Annual Report on Form 10-K for the year ended March 31, 2= 001, and in other filings of the Company with the Securities and Exchange C= ommission. As a result of these risks and uncertainties, actual results may= differ materially from these forward-looking statements. The forward-looki= ng statements contained in this news release are made as of the date hereof= and AMCC does not assume any obligation to update the reasons why actual r= esults could differ materially from those projected in the forward-looking = statements. Zarlink Forward-Looking Statements Certain statements in thi= s press release constitute forward-looking statements within the meaning of= the Private Securities Litigation Reform Act of 1995. Such forward-looking= statements involve known and unknown risks, uncertainties, and other facto= rs which may cause the actual results, performance or achievements of the c= ompany, to be materially different from any future results, performance, or= achievements expressed or implied by such forward-looking statements. Such= risks, uncertainties and assumptions include, among others, the risks disc= ussed in documents filed by the Company with the Securities and Exchange Co= mmission. Investors are encouraged to consider the risks detailed in those = filings. Product photos, datasheets and application notes are available u= pon request. AMCC is a registered trademark of Applied Micro Circuits Corp.= Zarlink Semiconductor and the Zarlink logo are trademarks of Mitel Corp. = CONTACT: Applied Micro Circuits Corp. Bill Berr= idge, 858/535-4260 billb@amcc.com or = Karen Hartz, 858/535-3436 khartz@amcc.co= m or Zarlink Semiconductor = Claire Nagy, 613/270-7317 claire_nagy@mitel.com = or The Ardell Group (for AMCC) = Angela Edgerton, 858/792-2941 angela@ardellgroup.c= om or Katy Tanghe, 858/792-2910 = katy@ardellgroup.com or HIP= R Inc. (for Zarlink) Tiana Wiersma, 503/222-1257 = tiana@hipr-inc.com URL: http://www.businesswire.com = Today's News On The Net - Business Wire's full file on the Internet with Hy= perlinks to your home page. Copyright (C) 2001 Business Wire. 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