AMDers,
BIG TIME COMPETITION!!!
Here's one of Log Point Technologies (LGPT) recent press releases. I would recommend that everyone read through all of their PRs. Sounds very impressive.
Wednesday April 21, 10:30 am Eastern Time
Company Press Release
Log Point to Begin Shipping
SuperSpeed to Customers
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--April 21,
1999--Log Point Technologies (OTC BB:LGPT), a leading
developer of superior software products and hardware designs
for embedded computation, announced today that it is finalizing
licensing agreement documents for its initial software customers. Log Point will now be
shipping its
SuperSpeed software products immediately to its first customers. Although Log Point
can't formally
disclose its clients' names until all agreements are completed, it does expect to make
them public in a
formal announcement in the near future.
Log Point's sales and marketing efforts will accelerate as new major financing comes
online.
Log Point's SuperSpeed(TM) Floating Point Software provides cost-effective,
integrated solutions
for real-time controller designs. They improve speed of tougher nonlinear numerical
computations by
10 - 100 times, outperform competing floating point software products and offer
performance
comparable to hardware solutions -- and in many cases much faster.
''Our Soft Co-Processors empower manufacturers to indirectly improve their profit
margins,
increase market share, shorten development time and extend the lives of their existing
products.
Since announcing last October that we had moved from beta testing to commercial
distribution,
several major companies have evaluated it and the response has been tremendous. They
are all close
to finalizing their tests and we expect to sign several of them shortly,'' states Samuel
Shanks,
president and CEO of Log Point Technologies.
At this point, it is difficult to evaluate the entire financial impact, but the sales increase
can be
substantial. Log Point has estimated its annual market potential to be $100+ million from
software
royalties alone. ''Within the next 90 - 180 days, we should have a fairly reliable picture
of exactly
how much revenues our software product lines will be able to produce. By October of
this year,
we'll also be ready to roll-out our new hardware product lines, further increasing the
company's
earning potential,'' explains Shanks.
Log Point's Soft Co-Processor is available for all volume manufacturer 32-bit integer
embedded
RISC microprocessor architectures, such as Sun Microsystems' (Nasdaq:SUNW -
news) SPARC
(including Fujitsu's SPRAClite 930 Series), Hitachi's (NYSE:HIT - news) SH Series,
Mitsubishi,
IBM (NYSE:IBM - news) and Motorola's (NYSE:MOT - news) PowerPC,
Hewlett-Packard's
(NYSE:HP - news) Precision Architecture, ARM, MIPS and ARC architectures and
32-bit
microprocessors, such as Intel's (Nasdaq:INTC - news) 386, 486 and Pentium
microprocessors.
The Soft Co-Processor C++ class libraries can be used with any of the popular C/C++
compliers
on the market, from such vendors as Microsoft (NYSE:MSFT - news), Inprise
(Nasdaq:INPR -
news), Metaware, Watcom, CAD-UL, Daib Data and Greenhills.
Log Point Technologies has third-party relations with Microsoft, IBM, Intel, National
Semiconductor (NYSE:NSM - news), Fujitsu, Motorola, Mitsubishi, Inprise, Integrated
Systems
(Nasdaq:INTS - news) and WindRiver Systems. Many of these companies' Web sites
link back to
the Log Point web site. In most cases, Soft Co-Processor can replace the discontinued
hardware,
which can lead to considerable revenue for Log Point.
For more information on Log Point, visit logpoint.com. |
