a news search at stocksmart turns this up for idti:
QUANTUM EFFECT DESIGN ANNOUNCES STRATEGIC AGREEMENT WITH AEROFLEX, LEADING
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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), 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. aeroflex.com )
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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