This has the potential to be a very big deal indeed. Reminds me a little of ARM a few years back...
LONDON, April 3 /PRNewswire-FirstCall/ -- Parthus® Technologies plc (Nasdaq: PRTH - news; LSE: PRH), a leading developer of platform-level intellectual property (IP), today announces that Device Solution Network, the semiconductor division of Samsung Electronics, has licensed the advanced Parthus' NavStream(TM) GPS based location services platform. NavStream 3000 is the latest and most advanced GPS platform from Parthus. While GPS technology offers unrivalled location accuracy, certain environments (e.g. indoor, urban canyons) have traditionally degraded accuracy performance. NavStream 3000 utilises breakthrough hardware and software advances to determine either an individual, vehicle, or an asset/device exact location in practically any circumstance be that in 'static' situations (indoor locations, built up urban environment, or very remote/global locations) or in 'dynamic' situations (e.g. transportation, automotive, asset tracking). The NavStream IP platform is comprised of radio, configurable baseband and software suites for multiple deployment scenarios. The latest field trials of the technology demonstrated that a consumer's location can be determined in nearly all environments exceeding the performance requirements of the FCC e-911 mandate (accuracy of 50m for 67% of calls, and 150m for 95% of calls). About Parthus Technologies: Parthus Technologies is one of the world's leading providers of complete platform level intellectual property (IP) solutions targeting the mobile Internet market. Incorporating radio, baseband and software design solutions, Parthus offers an unrivalled portfolio of platform level-IP spanning wireless communications ( Bluetooth, GSM/GPRS), mobile computing (PDA, Smartphone for Microsoft, Symbian and Linux OS) and key application IP (OS support, Java, Multimedia, GPS Location, application acceleration). Parthus' platform level-IP is fundamental in reducing the time-to-market, complexity, risk and cost of deploying smart connected mobile Internet devices such as cellular handsets, Smartphones, automobiles, personal audio players and PDAs. The company leverages nine years of IP development experience to deploy platforms either as stand-alone solutions, or as converged solutions which further enhance the cost, power and intergration benefits of a platform level IP approach that leads the industry in terms of ultra-high processing power and low power consumption, delivering significant cost and time-to-market advantages to its customers. Parthus is headquartered in Dublin with offices in nine countries and is listed on the London Stock Exchange (LSE:PRH) and NASDAQ (Nasdaq: PRTH - news). More information on Parthus is available at parthus.com. |