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Plantronics Unveils Advanced Technology Concepts on Wall Street

 

Company to Ring New York Stock Exchange Opening Bell and Show Advanced Wireless Headset Concepts

SANTA CRUZ, CA. - June 20, 2003 – Plantronics, Inc. (NYSE-Listed PLT), will ring the opening bell at the New York Stock Exchange today as the company celebrates its new wireless communications products and demonstrates new technologies.

While in New York, Plantronics will offer a glimpse into the future of wireless voice communications by demonstrating two advanced technology concepts that will change how business professionals communicate. As voice and data technologies converge, Plantronics is driving the emergence of a new wireless work style that capitalizes on the growing power of digital voice technology.

Earlier this year, Plantronics announced two new wireless headset products that are designed to meet the ever-changing communications needs of mobile professionals. The two new products, the CS50, a wireless office headset system, and the M3000, a Bluetooth mobile headset, will ship later this year in the U.S.

The CS50 combines hands-free communication with wireless mobility, so users can move freely around the office while carrying on a conversation, or pick up an important call while they're away from their desk. The M3000 is a Bluetooth-compatible wireless mobile headset that offers the best talk time on the market—up to 8 hours—and up to 200 hours of standby time. The CS50 and M3000 set the stage for the Advanced Technology Concepts being demonstrated in New York today.

The two Advanced Technology Concepts feature digital voice technology that will shape the next generation in wireless communications. The demonstrations include a wireless headset and base system for the office with integrated Digital Signal Processing (DSP), softphone compatibility, USB connectivity and Voice over Internet Protocol (VoIP) functionality. The technologies employed in this concept improve sound quality so that speech recognition and voice command programs can achieve much greater accuracy. This allows users to move away from keyboards and dial pads, and instead use their voice to dictate e-mails, initiate telephone calls and execute software commands, whether they're at their desk or down the hall.

The second digital voice technology being demonstrated is a Bluetooth-enabled wireless headsets for mobile users that features exceptional voice clarity. A DSP chip embedded in the headset boosts the user's voice while dramatically reducing background noise, which is particularly important in noisy environments such as airports, cars and city streets.

Although the digital technologies featured in these concepts are only for demonstration, DSP technology will be incorporated into future headsets to deliver superior sound quality in smaller, more discreet designs.

"Over 40 years of headset innovation has brought us to this critical juncture," said Ken Kannappan, President and CEO of Plantronics. "Wireless products with digital sound will let people use their voice to easily dial phone numbers, providing a whole new level of freedom." He added, "Business and personal communications are constantly changing, and Plantronics' plans to lead the market by delivering cutting-edge solutions that enable comfortable, flexible and productive voice communications."

Plantronics is no stranger to the New York Stock Exchange. Many of the traders on the floor of the Exchange use Plantronics hands free headsets for communications as they execute their trades. By ringing the bell today and showcasing advanced technologies, Plantronics marks an important milestone in its journey of developing headsets that enhance both business and personal communications.

About Plantronics

Plantronics introduced the first lightweight communications headset in 1962 and is recognized as the world leader in communications headsets. A publicly held company with approximately 2,500 employees, Plantronics is the leading provider of headsets to telephone companies and the business community worldwide. Plantronics headsets are also used widely in many Fortune 500 corporations and have been featured in numerous motion pictures and high-profile events, including Neil Armstrong's historic "One small step for man" transmission from the moon in 1969. Plantronics, Inc., headquartered in Santa Cruz, California, was founded in 1961 and maintains offices in 20 countries. Plantronics products are sold and supported through a worldwide network of authorized Plantronics marketing partners. Information about the company and its products can be found at www.plantronics.com or by calling (800) 544-4660.

This news release contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed as forward-looking statements. Risks, uncertainties and assumptions include the possibility that: Plantronics will not be able to ship our products by the anticipated date, and these wireless products will not adequately perform all the functionalities in accordance with their specifications, the SARS epidemic may affect our ability to timely deliver these products, which include materials and components sourced from Asia, we may not be able to deliver sufficient numbers of products to meet demands, and other risks that are described from time to time in Plantronics Securities and Exchange Commission reports, including but not limited to Plantronics report on Form 10-K filed on June 2, 2003. These filings can be accessed over the Internet at www.sec.gov. If any of these risks or uncertainties materializes or any of these assumptions prove incorrect, Plantronics' results could differ materially from Plantronics' expectations. Plantronics assumes no obligation and does not intend to update these forward-looking statements.

Plantronics is a registered trademark of Plantronics Inc. All other products or service names mentioned herein are trademarks of their respective owners.

 

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