Aware, Inc announces availability of ADSL2 intellectual Property Solutions

ATLANTA, GA - June 3, 2002 - Aware, Inc. (NASDAQ: AWRE), a worldwide leader and innovator of broadband intellectual property, today announced availability of its ADSL2 intellectual property solutions.ADSL2 was recently consented by the International Telecommunications Union (ITU) and will be the successor to the current ADSL standards.

ADSL2 includes several important improvements, identified over the past three years of deployment, which will improve performance and ease provisioning of service.Performance improvements include enhanced data rates, longer reach, and diagnostics tools, and are designed to enhance the customer’s DSL experience as well as the profitability of DSL services.

Aware’s ADSL2 solution also provides support for ‘ADSL2+’, an extension to the ADSL2 standard that doubles the ADSL bandwidth, enabling data rates greater than 20 Mbps on short phone lines.The new ADSL2+ standard is targeted for consent by the ITU in the beginning of 2003.Aware’s ADSL2+ solution will also have an ADSL and ADSL2 mode enabling interoperability with legacy ADSL products.

Aware’s intellectual property offering consists of complete RTL, firmware and system reference design information enabling silicon providers to easily integrate ADSL2 into multi-functional system-on-chip solutions.Aware’s intellectual property solution delivers all required functionality including support for ITU ADSL and ADSL2 standards, ANSI standards and DSL Forum TR-048 technical recommendations.

Aware at SuperComm 2002
This week at SuperComm 2002, Aware will be discussing its technology and showcasing its broadband intellectual property platforms, including the new StratiPHY^™ Platform (Booth # 31348). Aware will also be demonstrating its Dr. DSL^® Central Office (CO) and Customer Premises Equipment (CPE) diagnostic software, the Veritas992 line of DSL test equipment hardware and software, Channelized Voice over DSL, and XRDSL^™ Extended Reach. For more information on Aware’s ADSL2 IP offering, please visit http://www.aware.com.

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.