Hi E Wilson, is this the News we were looking for? ;-)
Actually competition means a market, maybe not bad at all!
And we have patents to protect the Technology!
Friday February 5, 4:17 pm Eastern Time
Company Press Release
XLNS Research to Compete with Log Point Technologies
BOULDER, Colo.--(BUSINESS WIRE)--Feb. 5, 1999--XLNS Research, a start-up specializing in Logarithmic Number Systems (LNS),
announced today that it plans to compete with Log Point Technologies (OTC BB:LGPT - news).
LNS technology speeds up computer arithmetic by applying an old concept, the slide rule, to today's digital age. The primary application
is to speed up embedded computer chips that are inside automobiles, video games, consumer electronics and so forth. The potential
market is large. Log Point Technologies recently estimated the market at $700 million (refer to their Form 10SB filed with the SEC's
EDGAR system on Jan 20, '99). Time will tell whether the market is $700 million or $70 million, but either way XLNS Research aims to
win a share of this business.
Initial efforts will concentrate on market research. To gauge the strength of the market, XLNS Research has established a web site,
www.xlnsresearch.com, that informs designers of free LNS technology that is in the public domain. If there is sufficient customer
demand, LNS software and hardware designs will be developed and distributed for free or minimal cost. Consulting services will also be
provided. This strategy aims to jump start the LNS market and create demand for second generation products. It is hoped that these
efforts will eventually attract venture capital so that XLNS Research can develop proprietary LNS technology for license to major
semiconductor and software firms. The long term goal is for XLNS Research to be acquired by an established firm.
XLNS Research is an offshoot of an enterprise established in 1988 to commercialize one of the first 32-bit logarithmic number systems,
FastMath(TM). (This LNS technology was invented by a university researcher.) The founder of XLNS Research, Mark Winkel, is a
software engineer formerly employed by one of Hewlett-Packard's R&D labs. XLNS Research(TM) is a Colorado sole proprietorship.
Regards,
Mark
GO LGPT
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