ANAHEIM, Calif. -- OFC 2002 -- Royal Philips Electronics (NYSE:PHG)(AEX:PHI) today introduced the TZA2060 -- a 12.5 Gbps single-chip asynchronous optical cross-point switch that will bring protocols such as 10 Gigabit Ethernet, SONET and SDH to Metropolitan and Wide Area Networks (MANs and WANs). Made possible by the company's new QUBiC4'G' silicon-germanium semiconductor technology, the TZA2060 represents a world-first. No other semiconductor company has succeeded in producing a single-chip cross-point switch with the TZA2060's speed, jitter performance and feature set. "As Internet service providers, telecommunications companies and network operators upgrade their networks to handle the new generation of streaming media and broadband data communication services, the need for optical exchange equipment that routes data from one place to another will proliferate exponentially," said Jos Lammerts, general manager networking infrastructure at Philips Semiconductors. "The lack of suitable network termination and switching equipment has so far prevented such organizations from taking full advantage of the potential bandwidth and scalability of available network technologies. The TZA2060 will be a key component in cost efficient and scalable applications such as ADM and cross-connect in DWDM systems." Royal Philips Electronics NV For more information on OFC 2002, please visit: www.nottheofc.com