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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sandra who wrote (6780)7/15/1998 10:43:00 AM
From: James Strauss  Read Replies (1) of 29382
 
IBM Licenses SuperFlash Technology From SSTI
Wednesday, July 15, 1998 08:30 AM

FISHKILL, N.Y. and SUNNYVALE, Calif., July 15 /PRNewswire/ -- IBM (NYSE: IBM) and SST (Silicon
Storage Technology, Inc.) (Nasdaq: SSTI) today announced an agreement in which IBM will license
SST's SuperFlash(R) memory technology. This technology will allow IBM to combine logic and memory
functions on a single chip, helping electronics manufacturers reduce the size, cost and power
consumption of their products.

Unlike standard dynamic memory, "flash" memory retains information even after losing power. SST
SuperFlash technology will enable IBM to build a new level of memory-efficient custom chips at
reduced cost. IBM chose SST's SuperFlash memory because it is designed to allow a much higher
volume of information to be programmed and securely stored on the chip. This agreement calls for the
use of this technology in IBM's foundry operations, to 0.18 micron and below, and the company is
exploring potential applications in ASICs (application-specific integrated circuits) as well.

"SST's technology, integrated with IBM's programmable logic capabilities, can help create wireless
devices combining highly-sophisticated communications and information processing applications with
efficient memory in a very small footprint," said Luis Arzubi, general manager, custom logic products,
IBM Microelectronics Division. "We believe that the combination of these advanced technologies will
provide a best-of-breed solution for our customers' next generation designs."

"As one of the world's leading technology companies, IBM's selection of SST's SuperFlash technology
for its future product development further validates the scalability of the technology and its long-term
viability as the industry moves to smaller and smaller geometries," said Bing Yeh, president and chief
executive officer of SST. "The SuperFlash technology overcomes the challenges normally associated
with shrinking processes below 0.15 microns, where other technologies begin to break down."

About IBM Microelectronics

IBM Microelectronics develops, manufactures and markets state-of-the-art semiconductor technologies,
products, packaging and services in the areas of custom logic, microprocessors, embedded controllers
and memory for use in devices supporting the network enterprise, the network infrastructure and
network access.

Further information on IBM Microelectronics Division products and services can be found at
chips.ibm.com.

About Silicon Storage Technology (SST)

Headquartered in Sunnyvale, California, SST designs, manufactures and markets low-cost, high-quality
flash memory components for the computer, communications and consumer markets. Current product
families include single-power supply (5.0V-only, 3.0V-only or 2.7V-only), small erase-block flash
memory components, as well as two-power supply MTP (Many-Time Programmable) flash products.
SST is also developing products for the mass storage and flash embedded controller markets.

All SST memory components products are based on patented, proprietary SuperFlash technology. SST
offers this technology for embedded applications through its manufacturing partners and technology
licensees.

Further information on SST can be found on the company's website at ssti.com

NOTE: The SST logo and SuperFlash are registered trademarks of Silicon Storage Technology, Inc. MTP is a trademark of Silicon Storage Technology, Inc.

SOURCE Silicon Storage Technology, Inc.

CONTACT: Phillip Bergman of IBM, 914-892-5204, or bergmanp@us.ibm.com; or Jeffrey L. Garon of
Silicon Storage Technology, 408-523-7652, or jgaron@ssti.com; or Nancy Sheffield of Tsantes &
Associates, 408-369-1500, ext.38, or nsheffield@tsantes.com, for Silicon Storage Technology, Inc.
Quote for referenced ticker symbols: SSTI, IBM
c 1998, PR Newswire

Sandra:

I hope you still have SSTI... : >

Jim
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