COGNIGINE OUTLINES ITS PROGRAMMABLE NETWORK PROCESSOR ARCHITECTURE
Cognigine, a start-up based in Fremont, California, outlined its plans for a fully programmable, single-chip network processor architecture designed to provide streaming data processing and scalability to 40 Gbps and beyond.  Cognigine’s multi-processor architecture incorporates a multi-issue communications-specific processor core, high-speed on-chip switch fabric interconnect, and an innovative variable instruction set capability.  The distributed multi-processor architecture is built around processor cores, which are optimized for networking tasks and streaming data applications.  One of Cognigine’s key design elements is the use of an Instruction Dictionary that stores the VISC (Variable Instruction Set Communications) code that expands the range of functions that a single instruction can perform.  Cognigine’s first network processor will deliver full duplex, 10 Gbps and integrate all fast-path processing functions between the framer and the fabric interface.  The chip is expected to sample in Q4.  http://www.cognigine.com/
Cognigine, June 14, 2001

• Cognigine was founded by Rupan Roy (Chairman and CTO), who previously held management and engineering positions at IMP and Chips and Technologies.

• In April, Cognigine named Mike Bershteyn as vice president of software engineering and Andre Chartrand as vice president of hardware engineering.  Bershteyn previously was a Fellow and a senior director of Cadence, where he led emulation software technology development.  Chartrand formerly served as VP of engineering for Velio Communications, another star-up developing terabit silicon solutions for switch/router backplanes.

• Last August, Cognigine raised $14.5 million in second round funding for its development of optical systems processors capable of handling OC-192 and scaling to OC-768 wire speeds.

LEXRA OFFERS REFERENCE CHIP FOR OC192/OC768 NETWORK PROCESSING
Lexra, a developer of system-on-chip (SOC) processor cores, plans to introduce a silicon version of its Network Processing Unit (NPU) architecture, which enables chip designers to prototype systems before their ASICs are available.  Lexra’s reference chip is targeted at OC192/OC768 (10 Gbps to 40 Gbps) network routing applications, at both the core and edge of the network as well as inside the data center.  Lexra said its reference silicon would allows its licensees to enter field trials earlier, while still designing their proprietary ASICs with its NetVortex architecture.  http://www.lexra.com
Lexra, June 14, 2001

VIRATA ADDS AUTO-CONFIGURATION, SECURITY AND TRAFFIC MANAGEMENT TO SILICON/SOFTWARE SOLUTION
Virata added a number of advanced features to its software-on-silicon (ISOS) platform, including DSL Forum and OpenDSL auto-configuration guidelines and specifications; Web-based configuration and management; Frame Relay including Frame Relay to ATM internetworking support; expanded MIBs (Management Information Bases); SNMP v2 and v3; as well as Traffic Management features such as EPD (Early Packet Discard) and PPD (Partial Packet Discard).  Virata said future versions of ISOS would include additional security (firewall support); native real-time IP capability (MPLS and other advanced routing functions); and software drivers for HomePNA and HomeRF.  http://www.virata.com
Virata, June 14, 2001

BIG PIPE RECEIVES DELIVERY OF DARK FIBER FROM 360NETWORKS
Big Pipe, a division of Shaw Communications, received delivery from 360networksof 6,400 km of dark fiber located on routes between Vancouver, Calgary, Toronto and Buffalo, and Seattle to Sacramento.  The company also expects to receive OC-48 channels between Vancouver and Toronto and an additional 5,800 km of dark fiber in North America by the end of this year.  Big Pipe is planning to offer Video, Ethernet Broadband, and ATM Broadband to ISPs and other large bandwidth users.  http://www.bigpipeinc.com/ 
Big Pipe, June 14, 2001

FLORIDA DIGITAL NETWORK RAISES $130 MILLION IN NEW FINANCING
Florida Digital Network, an integrated communications provider, raised $50 million in third round equity funding and secured an $80 million loan facility, giving the company access to $130 million of fresh capital.  The company provides local, long-distance and high-speed Internet service to customers in Orlando, Tampa, West Palm Beach, Ft. Lauderdale and the “Space Coast.”  FDN currently has over 50,000 business telephone lines in service and is growing by approximately 1000 customers per month.  http://www.floridadigital.net 
Florida Digital Network, June 14, 2001

NET2PHONE ELIMINATES FREE MINUTES, SIGNS LIBERTY MEDIA FOR CABLE TELEPHONY
Net2Phone is no longer subsidizing free minutes for its partners and will restrict its own use of free minutes only as a direct promotion tool to gain new customers.  Its major partners, MSN and Yahoo, have migrated to a paid model.  Net2Phone also signed a five-year $20 million licensing agreement with Liberty Media and its international cable affiliates covering the use of its core VoIP technology.  Licensing its technology marks a new revenue stream for Net2Phone. The company expects to enter into other licensing agreements with additional telcos and broadband providers.  Total Net2Phone paid minutes of use grew to 386 million minutes for the quarter, a 219% increase over the 121 million minutes for the same quarter a year ago and a 30% increase over the prior quarter's 296 million minutes.  For its fiscal quarter ended April 30, Net2Phone reported $40.6 million in revenue, a 115% increase over the same time last year and a 17% increase over the prior quarter.  The net loss was $23.9 million or $0.41 per share, before restructuring charges.  This quarter, Net2Phone hit breakeven for its phone-to-phone consumer business.  The company attributed lower than expected gross margins to an upgrade to its VoIP routing software, which subsequently failed to provide the lowest cost routing.  Net2Phone said the issue was fixed although the impact was significant.
http://www.net2phone.com/cgi-bin/pagemerge.cgi?outer=press_releases01&inner=6_14_2001
Net2Phone, June 14, 2001

• Earlier this month, Net2Phone launched a service allowing consumers to make telephone calls with a standard phone over broadband IP connections.  The new VoiceLine service requires a device that connects a standard phone to a broadband network connection, and a monthly service fee.   The VoiceLine service is available for domestic calls as fixed price plans ranging from $9.99 (250 minutes) to $49.99 (1700 minutes) per month.  Net2Phone plans to add voice-activated dialing, voice portal and messaging services to VoiceLine in the future.

IDT AND LIBERTY MEDIA FORM CABLE TELEPHONY JOINT VENTURE
IDT and Liberty Media formed a joint venture to make telephony services available to Liberty's international cable affiliates using Net2Phone technology.  IDT will provide the telephony termination and infrastructure for the joint venture for a period of five years as well as all of the funding obligations.  http://www.libertymedia.com/press_releases/index.html
Liberty Media, June 14, 2001

SONY DEBUTS ITS E VILLA NETWORK ENTERTAINMENT CENTER
Sony introduced a $500 Internet appliance designed to work exclusively with the Sony e Villa Network Entertainment Center dial-up Internet service, powered by EarthLink.  Sony expects the device will be used for listening to Internet radio and MP3s, watching news clips and movie trailers, and sharing photos and MPEG-1 videos.  The unit features a high-resolution FD Trinitron display, a full-size keyboard, scroll mouse, automatic software management, no boot up time and Sony Memory Stick slots.  The required 56Kbps online service is priced at $21.95 per month.  http://www.sonystyle.com/vaio/evilla/
Sony, June 14, 2001

VERIZON TO RESELL ACTIVIS MANAGED SECURITY SERVICES
Verizon will resell a managed network security service provided by Activis, a division of Articon-Integralis AG.  The service will provide management of firewalls, virtual private networks, an e-mail content management and filtering tool and a vulnerability scanning service.  http://www.activis.com/
Verizon, June 14, 2001

CELIGHT RAISES $45 MILLION FOR ITS OPTICAL TRANSPORT TECHNOLOGY
CeLight, a start-up based in Silver Spring, Maryland, raised $45 million in second round funding for its development of optical transport technology.  The company said its innovation would use previously untapped dimensions of light to circumvent the inherent barriers of traditional optical transport architectures.  Technical details have not been disclosed.  Investors include Goldman Sachs, Concord Ventures, Advanced Technology Ventures, Tamir Fishman Ventures and Vertex Management Israel.  http://www.celight.com
CeLight, June 14, 2001

• CeLight was founded by Amir Shaked, formerly a founder of Accord Networks, and Dr. Isaac Schpantzer, who previously was founder and president of NextNet, where he developed a carrier-class wireless data communications system.

INFOLIBRIA SECURES $41 MILLION FOR ITS CONTENT CACHES
InfoLibria, a developer of content distribution and delivery solutions, completed a $41 million round of funding.  Investors include Mellon Ventures, Adams Capital, Kemper Ventures, Patricof and Company, Sandler Capital Partners, Madison Dearborn, GE Capital, Telesoft Partners IA, Tudor Private Equity Fund, StarVest Partners, Mitsubishi and private investors.  The company is based in Waltham, Massachusetts.  http://www.infolibria.com/news/2001/pressrel2001-0614.html
InfoLibria, June 14, 2001

RAPPORE SECURES FUNDING FOR ITS BLUETOOTH PROTOCOL STACKS
Rappore Technologies, a start-up based in Orem, Utah, secured venture funding from Ridgewood Capital for its develop of protocol stacks for Bluetooth and other wireless networking standards.  Financial terms were not disclosed.  http://www.rappore.com
Rappore, June 14, 2001

JDS UNIPHASE TRIMS ITS FINANCIAL OUTLOOK, CITES CONTINUED WEAKNESS
JDS Uniphase lowered its outlook for the current and forthcoming quarter citing continued weakness in telecommunications carrier spending and inventory reductions by the its system provider customers.  The company now expects sales of $600 million for its quarter ended June 30, 2001, as compared to earlier guidance of $700 million.  JDS Uniphase anticipates sales of $450 million for the period ending September 29, 2001.  In the quarter ended March 31, 2001, the company reported revenues of $920 million.  JDS Uniphase plans to record inventory write-downs for this quarter.  On the positive side, the company said new product design activity with its customers remains vigorous.  The company also has over $1.4 billion in cash and money market instruments.  http://www.jdsuniphase.com 
JDS Uniphase, June 14, 2001