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Technology Stocks : Aeroflex (ARX)
ARX 12.62+4.7%Nov 7 9:30 AM EST

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To: David S. who wrote ()1/12/1998 11:19:00 AM
From: Craig Markell  Read Replies (1) of 586
 
Quantum Effect Design Announces Strategic Agreement With Aeroflex, Leading Manufacturer
of Multi-Chip Modules

Agreement Gives Aeroflex Exclusive QED Support in the Satellite, Industrial and Defense Markets

SANTA CLARA, Calif., Jan. 12 /PRNewswire/ -- Quantum Effect Design, Inc. (QED), a leading supplier of high-end embedded microprocessor solutions,
announced it has signed an agreement with the Aeroflex Circuit Technology Division (ACT) of Aeroflex Incorporated, based in Plainview, New York. Under this
agreement, QED will provide exclusive support for ACT's advanced microprocessor Multi-Chip Modules (MCMs) for airborne, satellite, shipboard and
ground-based communication systems. The three-year agreement has a minimum value of $3 million.

ACT will use QED's full line of high-performance, cost-effective embedded MIPS(R) microprocessors as the foundation for its advanced MCM product line that
includes standard products as well as customer-specified designs. QED will provide technical support to ACT as well as engineering support to ACT customers.

''We began our search at ground zero and looked closely at all microprocessor architectures and vendors, but only QED and its MIPS microprocessor family had
the right mix of performance, cost, compatibility and support, as well as an impressive technology roadmap,'' said John Buyko, Aeroflex vice president of sales and
marketing. ''We knew QED's technology was excellent, since we have used MIPS microprocessors, including the R4700, so we were glad to obtain an exclusive
agreement with them. This agreement provides us a strong technology edge in the marketplace now and in the future.''

''We are very excited about our partnership with Aeroflex because it enables us to penetrate a new market and support an established market leader,'' said Tom
Riordan, QED president and CEO. ''This agreement also legitimizes our position as a high-quality fabless semiconductor vendor that can deliver the right products
to a wide range of customers in the embedded microprocessor market.''

Aeroflex Incorporated

Aeroflex Incorporated (NYSE: ARX - news), through its subsidiaries, utilizes advanced technologies to provide state-of-the-art microelectronic modules,
interconnect and testing solutions used in communication applications for commercial and defense markets. It also designs and manufactures motion control systems
and shock and vibration stabilizing systems used for commercial, industrial and defense applications. (http://www.aeroflex.com/act1.htm)

Quantum Effect Design, Inc.

Quantum Effect Design, Inc., founded in 1991, designs, develops and markets high-performance, cost-effective, market-driven embedded microprocessor solutions.
The company designed and developed many of the 64-bit MIPS microprocessors including the popular R4600(TM), R4700(TM), R4650(TM), R4640(TM),
R5000(TM) and under its own ''RISCMark(TM)'' label, the RM5230(TM), RM5260(TM), RM5270(R) and RM7000(TM).

Quantum Effect Design's RM52xx(TM) and RM7000(TM) product families include high-end, 32- and 64-bit embedded microprocessors targeted at emerging and
fast-growing markets such as internetworking, Windows(R) CE, printers, games, Internet TV/set-top boxes/cable modems and high-speed communications devices.
The company has an unsurpassed record of designing and delivering innovative high-performance microprocessors in breakthrough time-to-volume.

Company headquarters are located in Santa Clara, California. Telephone: 408-565-0300. QED World Wide Web site: qedinc.com

NOTE: MIPS is a registered trademark of MIPS Technologies, Inc. R4600, R4700, R4650, and R4640 are trademarks of Integrated Device Technology, Inc.
RISCMark, RM5230, RM5260, RM5270, RM52xx and RM7000 are trademarks of Quantum Effect Design, Inc. Windows is a trademark of Microsoft
Corporation. All other trademarks mentioned herein are the property of their respective owners.

SOURCE: Quantum Effect Design, Inc.
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