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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme

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To: LANCE B who wrote (7582)7/15/1998 9:04:00 AM
From: Don Powrie   of 8798
 
>>>>NEWS! Nasdaq: SSTI

Company Press Release

SOURCE: Silicon Storage Technology, Inc.

IBM Licenses SuperFlash Technology From SST

FISHKILL, N.Y. and SUNNYVALE, Calif., July 15 /PRNewswire/ -- IBM (NYSE: IBM - news) and SST (Silicon Storage Technology, Inc.) (Nasdaq: SSTI - news) today announced an agreement in which IBM will license SST's SuperFlash(R) memory technology. This technology will allow IBM to combine logic and memory functions on a single chip, helping electronics manufacturers reduce the size, cost and power consumption of their products.

Unlike standard dynamic memory, ''flash'' memory retains information even after losing power. SST SuperFlash technology will enable IBM to build a new level of memory-efficient custom chips at reduced cost. IBM chose SST's SuperFlash memory because it is designed to allow a much higher volume of information to be programmed and securely stored on
the chip. This agreement calls for the use of this technology in IBM's foundry operations, to 0.18 micron and below, and the company is exploring potential applications in ASICs (application-specific integrated circuits) as well.

''SST's technology, integrated with IBM's programmable logic capabilities, can help create wireless devices combining highly-sophisticated communications and information
processing applications with efficient memory in a very small footprint,'' said Luis Arzubi, general manager, custom logic products, IBM Microelectronics Division. ''We believe that
the combination of these advanced technologies will provide a best-of-breed solution for our customers' next generation designs.''

''As one of the world's leading technology companies, IBM's selection of SST's SuperFlash technology for its future product development further validates the scalability of the
technology and its long-term viability as the industry moves to smaller and smaller geometries,'' said Bing Yeh, president and chief executive officer of SST. ''The SuperFlash
technology overcomes the challenges normally associated with shrinking processes below 0.15 microns, where other technologies begin to break down.''

About IBM Microelectronics

IBM Microelectronics develops, manufactures and markets state-of-the-art semiconductor technologies, products, packaging and services in the areas of custom logic,
microprocessors, embedded controllers and memory for use in devices supporting the network enterprise, the network infrastructure and network access.

Further information on IBM Microelectronics Division products and services can be found at chips.ibm.com.

About Silicon Storage Technology (SST)

Headquartered in Sunnyvale, California, SST designs, manufactures and markets low-cost, high-quality flash memory components for the computer, communications and consumer
markets. Current product families include single-power supply (5.0V-only, 3.0V-only or 2.7V-only), small erase-block flash memory components, as well as two-power supply
MTP (Many-Time Programmable) flash products. SST is also developing products for the mass storage and flash embedded controller markets.

All SST memory components products are based on patented, proprietary SuperFlash technology. SST offers this technology for embedded applications through its manufacturing
partners and technology licensees.

Further information on SST can be found on the company's website at ssti.com
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