HERNDON, Va., Dec. 23 /PRNewswire/ -- Emultek announced today that Wind
River Systems (Alameda, CA)(NASDAQ:WIND), a leading Real Time Operating
Systems (RTOS) and development tools vendor for the embedded systems market,
has made a financial and strategic investment in Emultek. Wind River will
play an important role in Emultek's corporate and product strategy including
having a presence on Emultek's Board of Directors.
"It is an important part of our long-term strategy to invest in companies
and innovative technologies that we believe could provide a strong value to
the embedded systems market," said Ron Ableman, President & CEO of Wind River,
"Emultek and its products have this potential and we are extremely pleased to
be a strategic part of Emultek's future."
"Wind River is the market leader in embedded systems development tools and
has a strong history of consistently increasing shareholder value," said
Shalom Daskal, Chief Executive Officer of Emultek. "We look forward to having
Wind River on our board. Their experience in the embedded market will be a
valuable resource for Emultek."
About Emultek
Emultek develops and markets software solutions to shorten the development
cycle of embedded products. It's latest product, Rapid PLUS(TM), is an
integrated software solution that includes virtual prototyping in a codeless
environment, automatic user-interface code generation, automatic
user-interface specifications and automated acceptance testing procedures.
Emultek is located in Israel with US operations in Herndon, VA. |
