LOS ANGELES, Oct. 13, 2004 (PRIMEZONE) -- Revolutionary Network Speed-Boosting Chip Technology, Perfisans Networks Corp. (OTCBB:PFNH), a next-generation semiconductor designer focused on the burgeoning Gigabit Ethernet market, has announced the first booking for its proprietary network accelerator chips, marking the patented technology's successful progress from the design-table to the real-world marketplace.
Under the agreement, Perfisans will supply its ENA1001 gigabit network acceleration chip to DBL Technology Co. Ltd. The agreement calls for more than $1.1 million in sales over a period of 12 months. DBL is a maker of Voice-Over-Internet Protocol (VoIP) communications equipment, based in Shenzhen, China, and is a significant original equipment manufacturer (OEM) for the enormous Taiwan and China communication markets.
DBL will integrate the ENA1001 gigabit network chip into several of its product designs. With Perfisans' TOE technology, solid performance and favorable pricing and technical-support policies, DBL officials believe they can significantly increase their product's price/performance ratio and allow them to outperform their competitors.
"Our relationship with DBL is a major milestone in entering the Chinese networking equipment market, and a major endorsement of the technology we developed," said To Hon Lam, President and CEO of Perfisans. "As one of the major suppliers of VoIP equipment, DBL has substantial expertise and business relationships in place with major OEMs and telecommunication operators. By integrating the Perfisans network-acceleration chipsets into their communication network products, DBL can offer a cost-effective yet high-performance solution to their customers."
DBL, a provider of VoIP products to system integrators in Taiwan and China, also required the Perfisans products to adhere to the highest levels of standards and protocols, to retain its select approval by the exacting Chinese Ministry of Information Industry.
Voice over IP, which enables telephone communication via the Internet, is one of the fastest-growing areas of the telecommunications market, and is expected to eventually replace the traditional telephone system, as major telecommunication companies continue to move to VoIP systems. Perfisans' chips can significantly improve and simplify the design of VOIP products, in addition to its role in boosting the performance of Ethernet data-networks in business and home computer systems.
About DBL Technology Co. Ltd.
DBL Technology Co. is a major communication equipment company of Voice over Internet Protocol (VoIP) for the worldwide market. DBL designs VoIP Gateways, IP Phone, Gatekeeper, Relay Servers, and high performance AAA Billing servers. The company is based in Shenzen Province, China.
About Perfisans Holdings, Inc.
Founded in 2001, Perfisans Holdings, Inc. is an emerging ASIC design house focused on developing leading edge, cost-effective, system-on-chip (SOC) integrated circuits (IC) and delivering innovative solutions that address the performance needs of next generation network systems. Rapidly being recognized by industry leaders for its innovative network interface products, the Company's technologies have applications in telecommunication, data communication, storage networks, content delivery networks, broadband networks, and rich streaming media.
Perfisans' chip technology is fully standards-compliant, and provides high-efficiency, high-quality network connections for both business and home applications. The Perfisans' ENA1001 can efficiently process protocols such as IP and TCP, and its high-speed protocol-processing capabilities -- 10 times faster than typical 100M-bit networks -- can vastly improve the efficiency of the network. The ENA1001 network interface chip employs Perfisans' proprietary TCP offload engine (TOE), providing highly efficient network throughput, to enable high-performance networks for a wide range of applications. More information can be obtained from the Company's web site at www.perfisans.com.
Cautionary Statement
This press release contains statements relating to future results of Perfisans (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; changes in product mix; product obsolescence; the availability of manufacturing capacity; fluctuations in manufacturing yields; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the uncertainties of litigation; our ability to attract and retain qualified personnel; as well as other risks and uncertainties, including those detailed from time to time in Perfisans' Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.