Subject: SSPIF underpriced stock with momentum
Another:Spectrum Signal Processing Signs Joint Development And Marketing Agreement With
GreenSpring Computers
PR Newswire, Thursday, February 06, 1997 at 09:20
Agreement Supports Spectrum's Industry Standard COTS+ Strategy
For DSP Products
BURNABY, B.C., Feb. 6 /PRNewswire/ -- Spectrum Signal Processing
(Nasdaq-NNM: SSPIF/TSE: SSY) today announced that it has signed an agreement
with GreenSpring Computers Inc. of Menlo Park, California, a subsidiary of SBS
Technologies (Nasdaq-NNM: SBSE) for the joint development and marketing of
four IndustryPack(R) mezzanine I/O modules and carrier boards. The agreement
also has a provision for Spectrum to resell select products in GreenSpring's
other product lines. Under the terms of the agreement both Spectrum and
GreenSpring will have the right to sell jointly developed products into their
respective markets.
"Access to the IndustryPack module for our DSP carrier boards will
significantly expand the functional utilization available from Spectrum," said
Barry Jinks, Spectrum's President & CEO. "We chose to support IndustryPacks
as one of our primary mezzanine modules because we wanted to offer customers a
proven and widely accepted industry standard. The adoption of the ANSI/VITA
4-1995 standard for IndustryPacks assures our customers a wide range of proven
I/O functions for our DSP boards. This will allow us to provide more than
just a basic COTS (Commercial Off The Shelf) solution to our customers, it
allows us to offer true COTS+ solutions."
"As the largest DSP systems company in North America, Spectrum is a
welcome addition to the growing family of IndustryPack partners," commented
Joseph Zabkar, President of GreenSpring. "We have targeted DSP applications
as areas of growth for our product line of over 100 IndustryPack modules. We
anticipate that future product development with Spectrum will expand the
IndustryPack product line even further."
Founded in 1984, GreenSpring Computers is a subsidiary of SBS Technologies
Inc. The company designs, manufactures and sells PCI boards, CompactPCI
boards, VMEbus boards, ISA boards, embedded single-board computers,
IndustryPacks and industrial computers to large corporations and OEMs. For
further information, contact GreenSpring Computers at 181 Constitution Drive,
Menlo Park, CA 94025; Phone - (415) 327-1200; fax - (415) 327-3808; email-
sales(at)greenspring.com; web - greenspring.com.
Spectrum Signal Processing is the leading North American supplier of
complete DSP solutions. The Company offers; DSP software, off-the-shelf
hardware, custom ASIC design and complete custom systems. Customers such as
Nortel, NEC, IBM, US Department of Defense and Lockheed Martin benefit from
Spectrum's innovative, programmable DSP products by gaining competitive
advantages such as faster time to market and low-cost feature set
upgradeability. Spectrum Signal Processing is publicly traded on Nasdaq-NNM
under the symbol SSPIF and on the TSE under the symbol SSY. The Company is
ISO9001 quality certified, can be found on the web at www.spectrumsignal.com,
and is located at No. 100 - 8525 Baxter Place, Burnaby, B.C., Canada.
(604) 421-5422; fax (604) 421-1764.
SOURCE Spectrum Signal Processing
-0- 02/06/97
/CONTACT: Susan Schoenhals, Susan_Schoenhals(at)spectrumsignal.com or
Tanis MacSween, Tanis_MacSween(at)spectrumsignal.com, both of Spectrum Signal
Processing Inc., 604-421-5422/
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