Intersil Corporation Announces Agreement to Sell Wireless Networking Product Group to GlobespanVirata, Inc.

-- Definitive agreement signed by Intersil and GlobespanVirata today
-- Intersil refines strategic focus as a pure high performance analog supplier
-- Intersil confirms second quarter guidance

MILPITAS, CA, July 15, 2003 ? Intersil Corporation (NASDAQ: ISIL), a world leader in the design and manufacture of high performance analog and wireless networking solutions, announced today that it has entered into a definitive agreement to sell its Wireless Networking Product Group to GlobespanVirata, Inc. (NASDAQ: GSPN). The sale price is approximately $365 million and will be paid in cash and stock. Intersil anticipates finalizing the sale prior to the end of the third quarter of 2003 and expects to report a one-time gain on the transaction.

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CUPERTINO, California?July 16, 2003?Apple? today announced financial results for its fiscal 2003 third quarter ended June 28, 2003. For the quarter, the Company posted a net profit of $19 million, or $.05 per diluted share. These results compare to a net profit of $32 million, or $.09 per diluted share, in the year-ago quarter. Revenues for the quarter were $1.545 billion, up 8 percent from the year-ago quarter and up 5 percent sequentially, and gross margins were 27.7 percent, up from 27.4 percent in the year-ago quarter. International sales accounted for 39 percent of the quarter?s revenues.

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Presentation to be Webcast Live at http://www.dell.com

Round Rock, Texas, July 16, 2003

Dell Chairman and Chief Executive Officer Michael Dell will address shareholders at the company's annual meeting of stockholders in Austin on Friday. Mr. Dell, President and Chief Operating Officer Kevin Rollins, and Senior Vice President and Chief Financial Officer Jim Schneider, also will be available for a question and answer session

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Aruba Wireless Networks Wins Best of Show in Tokyo, Named Wi-Fi Hotspot Contributor for N+I PARIS 2003 Network


SAN JOSE, CA ? July 14, 2003 ? Aruba Wireless Networks(http://www.arubanetworks.com/
) today announced that its modular wireless LAN switching system took Best of Show honors winning the Grand Prize in the Wireless and Mobile category at the NetWorld+Interop exhibition in Tokyo. The Company also said it has been selected by Medialive International (formerly Key3Media) as the Wi-Fi Hotspot Connectivity contributor for its upcoming NetWorld+Interop Paris conference and exhibition, November 19-21 at the Porte de Versailles Exposition Center.


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SANTA CLARA, Calif., July 15, 2003 - Intel Corporation today announced second-quarter revenue of $6.8 billion, up 1 percent sequentially and up 8 percent year-over-year.

Second-quarter net income was $896 million, down 2 percent sequentially and up 101 percent year-over-year. Earnings per share were $0.14, flat sequentially and up 100 percent from $0.07 in the second quarter of 2002.

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Long-time IT industry executive to helm Utah's largest wireless Internet service provider

DRAPER, Utah - July 15, 2003 - Bart Saxey has been named as president of Broadband Central, a company which is quickly becoming one of the largest providers of high-speed wireless Internet services in the western United States.

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Sarantel wins UK's most prestigious electronics award for product development

Sussex UK, 11 July 2003


Sarantel has won one of the UK's most prestigious electronics industry awards, the Electronics Industry Design Award for Design to Manufacture. The company was voted the best example of design and manufacturing staff working together, in this case on the development of its range of PowerHelix antennas. At a ceremony held last night at the Copthorne Hotel in Sussex, UK, Steve Brown, of sponsor Cookson Electronics, presented the award to Sarantel CEO Barrie Foley before an audience of 200 electronics industry leaders.

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- Expected revenue of $34 million to $35 million
- Implements operational improvements to lower break-even point with a focus on returning to profitability
- Takes steps to increase financial flexibility
- Quarterly conference call scheduled for July 22, 2003 at 5:00 pm Eastern Time


SUNNYVALE, Calif., July 7, 2003 - Proxim Corporation (Nasdaq: PROX), a global leader in wireless networking equipment for Wi-Fi and wide area networks, today announced that it expects total revenue for the second quarter ended June 27, 2003 to be approximately $34 million to $35 million, compared to product revenue of $34 million and total revenue of $40 million in the first quarter of 2003. Total revenue in the first quarter of 2003 included a one-time patent license fee of $6 million.

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TI IEEE 802.11g Products Adopted as Key Elements of the
Wi-Fi Alliance 802.11g Testing Program

TI's TNETW1130 Chosen for Interoperability Leadership in Mixed-Mode 802.11b/g Networks


DALLAS (July 8, 2003) - WLAN solutions from Texas Instruments Incorporated (TI) (NYSE: TXN) have become a key part of the Wi-Fi Alliance's 802.11g testing program now used to certify interoperability of Wi-Fi products meeting the recently approved IEEE 802.11g standard amendment. All products submitted for 802.11g Wi-Fi certification will be tested against TI's TNETW1130-based reference designs.

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Arcadyan Joint Venture Formed by Parent Companies, Accton Technology Corporation of Taiwan and Royal Philip Electronics of the Netherlands

New Entity to Focus on advanced wireless solutions for OEMs, Retailers, and Consumer Electronics Companies

Hsinchu, Taiwan/Amsterdam, The Netherlands- July 7th, 2003--
Accton Technology Corporation of Taiwan (Accton) and Royal Philips Electronics (Philips), today announced the formation of Arcadyan Technology Corporation. Established on July 7th, 2003, this joint venture brings wireless infrastructure expertise and combines it with advanced A/V technology integration expertise. With an emphasis on optimizing audio and video quality, Arcadyan offers a robust product portfolio of wireless solutions.

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