Aware, Inc. showcases DSL technology leadership at SuperComm 2002

ATLANTA, GA - May 31, 2002 - Aware, Inc. (NASDAQ: AWRE), a worldwide broadband technology leader and innovator, will showcase its DSL technology offerings next week at SUPERCOMM 2002 in Atlanta, June 3-6, 2002. Aware (Booth # 31348) will feature its new StratiPHY™ DSL intellectual property platform, designed for system-on-chip integration as well as fast time-to-market stand-alone solutions. Aware will also highlight several of the company's DSL extensions, including Dr. DSL® integrated diagnostics, XRDSL™ for extended reach, and solutions for delivering video and other advanced services.

"The DSL industry has entered a new phase of expansion, characterized by demand in two key areas: i) improved ADSL performance and functionality and ii) the integration of ADSL with complementary networking capabilities," commented Michael Tzannes, chief executive officer of Aware. He continued, "the growing trend towards integration of ADSL into multi-functional system-on-chip solutions will make a broad variety of advanced networking products more affordable to businesses and consumers."

StratiPHY Intellectual Property Platform
Aware's StratiPHY ADSL platform is the industry's only complete intellectual property offering. StratiPHY consists of complete RTL, firmware, and system reference design to enable fast time-to-market silicon solutions. StratiPHY delivers all required functionality, including support for all applicable ITU standards, ANSI standards, and the DSL Forum technical requirements document TR-048.

XRDSL for Extended Reach
XRDSL is a new intellectual property offering from Aware, developed to give DSL silicon and equipment vendors the opportunity to participate in the promising market for extended-reach DSL solutions. Extending the reach of DSL is important to telephone companies looking to offer high-speed Internet services to customers currently out of range of ADSL; customers with phone lines longer than 18 kilofeet have typically been considered out of reach of an ADSL connection. XRDSL allows carriers to offer high-speed connections to many of these customers who reside well beyond the traditional ADSL service area.

Dr. DSL Diagnostics
Aware's Dr. DSL diagnostics software provides ADSL chips with embedded loop diagnostics to reduce provisioning costs, improve troubleshooting, and expand monitoring necessary for service level agreements. Because Dr. DSL resides on the DSL chipset, it can be cost-effectively incorporated into any device with a DSL chip, including DSLAMs and test heads at the central office and a consumer's DSL modem at the home. Aware will be demonstrating Dr. DSL's single-ended DSL pre-qualification as well as advanced CPE (customer premise equipment) tests. The demonstration will illustrate how Aware's Dr. DSL integrated into test heads, DSLAM chipsets, and DSL modem chipsets can form a comprehensive testing architecture.

DSL Data Rate Enhancements for Video and Other Advanced Services
Telephony carriers are increasingly adding video to their portfolio of voice and data services. Aware offers several high data rate DSL solutions applicable to a variety of loop plants and architectures:

• FastADSL software increases data rates of existing ADSL chipsets to over 11 Mbps in part by using an ADSL standard-compliant option.
• BondedADSL™ bonds multiple phone lines together with multiple ADSL links, achieving superior rate and reach.
• ADSL2+ is an optional extension of the new ADSL2 standard, which doubles the usable bandwidth on a phone line to increase data rates to over 20 Mbps on shorter lines.
• VDSL enables data rates up to 26 Mbps on phone lines shorter than 3000 feet.

Channelized Voice over DSL (CVoDSL)
CVoDSL enables a single phone line to carry derived lines of voice over DSL along with high-speed Internet access and traditional telephone service. CVoDSL enables next-generation DLCs (digital loop carriers) and DSLAMs (DSL access multiplexers) to incorporate derived voice functionality, and allows for cost-effective implementation into customer premise modems. Several silicon and equipment vendors are developing CVoDSL technology, and support for CVoDSL is included in the new ITU standard, ADSL2.

G.SHDSL (Symmetric High-bit-rate G.SHDSL)
G.shdsl delivers greater symmetric bandwidth at longer distances than current SDSL technology and traditional T1/HDSL systems, making it an attractive solution for carriers' business-class voice and data services. Aware's G.shdsl technology, which is compliant with the ITU G.shdsl standard, further enhances Aware's core DSL technology portfolio. Using Aware's technology, silicon providers can rapidly enter the emerging G.shdsl marketplace.

Presentations: Voice, Video & Enhanced Services over DSL
Aware representatives will be participating in two of SuperComm's conference sessions. Peter LeBlanc, Aware's vice president of marketing will be presenting on the Voice & Video over DSL panel, session T-15A, June 6, 2002 at 9:30 a.m. On June 5, 2002 at 2:15 p.m., Dave Benini, Aware's director of product marketing, will be moderating session W75F "Value-added Services over Broadband: Video over DSL".

Aware Technology Enables US DLC Equipment
Aware's technology will be featured in several Digital Loop Carrier (DLC) platforms next week at SuperComm 2002. Infineon Technologies, a leading provider of integrated circuits for advanced communications systems, announced its award-winning GEMINAX chipset has been selected by a leading North American digital loop carrier equipment supplier. Also, Occam Networks, a leading provider of advanced access network equipment, is using the GEMINAX chipset to provide integrated POTS voice/data capability in its recently announced BLC 1200 Remote Terminal.

About Aware
Aware, Inc. designs, develops, licenses and markets DSL technology that enables broadband communications over existing telephone networks. Its solutions, including splitterless G.lite, full-rate ADSL, VeDSL™, Dr. DSL®, XRDSL™, StratiPHY™, FastADSL™, BondedADSL™, and G.shdsl address central office as well as consumer electronics requirements. The company licenses its intellectual property and software to semiconductor manufacturers and equipment manufacturers who sell products incorporating Aware's technology. Aware also markets to systems companies to encourage them to design its technology into their products, and to service providers to encourage them to deploy new broadband services based on its technology. More information about Aware can be found at http://www.aware.com.

Safe Harbor Warning
Portions of this release contain forward-looking statements regarding future events and are subject to risks and uncertainties, such as estimates or projections of future revenue and earnings and the growth of the DSL market. Aware wishes to caution you that there are factors that could cause actual results to differ materially from the results indicated by such statements. These factors include, but are not limited to: we have a unique business model, our quarterly results are difficult to predict, we depend on a limited number of licensees, we derive a significant amount of revenue from one customer, we depend on equipment companies to incorporate our technology into their products, we face intense competition from other DSL vendors, DSL technology competes with other technologies for broadband access, our business is subject to rapid technological change, and we will require additional engineering personnel. We refer you to the documents Aware files from time to time with the Securities and Exchange Commission, specifically the section titled Risk Factors in our quarterly report on Form 10-Q for the quarter ended March 31, 2002 and other reports and filings made with the Securities and Exchange Commission.

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VeDSL, Dr. DSL, XRDSL, StratiPHY, FastADSL, and BondedADSL are trademarks or registered trademarks of Aware, Inc. Any other trademarks appearing herein are the property of their respective owners.