latest news releases from the newsroom
Intuitive Surgical, Inc.
Intuitive Surgical Announces First Quarter Earnings
SUNNYVALE, Calif., April 16, 2009 (GLOBE NEWSWIRE) -- Intuitive Surgical, Inc. (Nasdaq:ISRG), the industry leader in surgical robotics, today reported first quarter 2009 revenue of $188.4 million, compared to $188.2 for the first quarter of 2008. First quarter 2009 revenue of $188.4 million was net of $20.1 million of revenue deferrals associated with offers made to certain customers to upgrade their recently purchased da Vinci(r) S(tm) Surgical Systems to our recently announced da Vinci(r) Si(tm) Surgical System. The new da Vinci(r) Si(tm) Surgical System offers several new features, including enhanced 3D HD resolution, an updated and simplified user interface, enhanced operating room integration capabilities, and improved ergonomics. The da Vinci Si also enables an optional second surgeon console allowing a second surgeon the ability to provide da Vinci-enabled surgical assistance and may facilitate teaching efficiencies for surgeons learning da Vinci surgery. The upgrade program also provided our customers the opportunity to exchange their recently purchased da Vinci S camera accessories for da Vinci Si camera accessories. The deferrals reduced first quarter 2009 system revenue by $18.0 million and accessory revenue by $2.1 million. The company expects to recognize all $20.1 million of the revenue deferrals within 2009.
Arasan Chip Systems, Inc.
Arasan Chip Systems Releases MIPI UniPro(sm) Software Stack Extending Its Total IP Solution
SAN JOSE, Calif., April 16, 2009 (GLOBE NEWSWIRE) -- Arasan Chip Systems, Inc. ("Arasan"), a leader in Intellectual Property (IP) solutions - IP cores, Verification IP (VIP), Software Drivers and Stacks and Hardware Solutions, announced the immediate availability of the Mobile Industry Processor Interface (MIPI(r)) UniPro Software Stack, a layered, kernel-level stack that eases the integration of UniPro into mobile platforms. The UniPro Stack complements Arasan's recently announced UniPro IP, thereby continuing Arasan's commitment to offering a "Total IP Solution" to customers.