Thread: ACTL/HIREC News
Since 2 of my brokers can't seem to find this news, here's the reprint. Sounds real good.
CJ
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Tuesday January 13, 1:38 pm Eastern Time
Company Press Release
Actel, HIREC Form Japanese Alliance
Two Aerospace Leaders Unite to Serve Japan's Comsat, Space Exploration Initiatives
TOKYO--(BUSINESS WIRE)--Jan. 13, 1998--Actel Corporation (NASDAQ:ACTL - news) and High Reliability Components Corporation (HIREC) today announced a partnership to bring high reliability field programmable gate arrays (FPGAs) to the burgeoning Japanese satellite and space exploration industry. This includes the latest Japanese National Space Development Agency (NASDA) launch vehicle, the H-IIA Rocket.
Actel, whose Japanese headquarters are in Tokyo, is the world's leading supplier of radiation tolerant and radiation hardened FPGAs. HIREC, also headquartered in Tokyo, is a leading distributor of electronic devices and engineering services to the Japanese space industry.
''The Actel/HIREC partnership is a significant development for the Japanese Aerospace industry,'' said Patrick Ellington, director, Pan Asia sales & marketing, Actel Corporation.
''It brings together Actel's significant experience in providing mission critical logic devices used in space exploration and communications satellites with HIREC's value added testing and quality assurance services. The result will be more reliable designs and faster time-to-launch for Japan's growing telecommunications and space infrastructure,'' Ellington said. The partnership is already a proven success as HIREC has delivered Actel's FPGAs combined with HIREC's extended tests and quality assurance services to NASDA satellite programs.
Actel's antifuse-based FPGAs have been a part of many historic U.S. space missions. The company's devices have proven critical to the success of such high profile projects as the Hubble Telescope and Mars explorer.
''This is a partnership that we entered into after a great deal of consideration,'' said Masayuki Shimodaiya, president of HIREC. ''HIREC has an established reputation in the Japanese space community and we take very seriously our role in advancing aerospace technology in Japan. Actel is one of the few companies we feel provides the level of product selection and reliability required by the Japanese aerospace industry.''
The Japanese aerospace industry is quickly becoming one of the fastest growing segments of the Japanese economy. Latest estimates from HIREC indicate the demand for programmable logic devices, such as those manufactured by Actel, could reach $30 million by the year 2002.
Recent testing by HIREC engineers indicate that Actel FPGAs may be appropriate matches for the challenges of outerspace exploration, communication satellite operation, launch vehicles, Space Station operation and earth observation satellites for environmental programs. Results from HIREC run tests indicated that commercially processed Actel ACT3 antifuse-based FPGA high performance family and the company's 8,000 gate A1280A device provided twice the radiation resistance of any competing programmable logic technology.
About Actel
Actel is dedicated to providing logic designers with the ability to successfully move up to high complexity designs. The company is the world's leading supplier of antifuse-based field programmable gate arrays (FPGAs) and associated software development tools. FPGAs are used by designers of communications, computer, medical, military/aerospace, industrial control and other electronic systems to differentiate their products and get them to market faster.
Actel is traded on the NASDAQ National Market under the symbol ACTL and is located at 955 East Arques Avenue, Sunnyvale, California 94086-4533. Telephone: 408/739-1010. Internet: actel.com .
About HIREC
HIREC is dedicated to furthering the development of the Japanese Space Industry by providing Japanese designers with semiconductor and passive devices that meet the highest level of quality assurance. HIREC is the only organization capable of supplying components that meet the standards of quality assurance and technical support their Japanese customers demand.
HIREC is jointly owned by many top Japanese companies interested in space development and is located at Shuwa No. 3 Shiba Park Bldg., 2-10-12, Shiba Daimon, Minato-ku, Tokyo 105-0012, Japan. Telephone: 81-3-3435-9591, Internet: hirec.co.jp .
Note to Editor's: The Actel name and logo are trademarks of the Actel Corporation. All other trademarks and trade names are the property of their respective owners.
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Contact:
Actel Corporation
Charles Byers, 408/739-1010
Charles.Byers@actel.com |
