latest news releases from the newsroom
Renesas Technology Licenses ParthusCeva's TeakLite DSP Core for Cellular Handsets
SAN JOSE, Calif., Sept. 15, 2003 (PRIMEZONE) -- ParthusCeva, Inc. (Nasdaq:PCVA) (LSE:PCV), the leading licensor Digital Signal Processor (DSP) cores and solutions to the semiconductor industry, today announced that Renesas Technology Corp., the world's number one supplier of microcontrollers and the third largest semiconductor company in the world, has licensed ParthusCeva's TeakLite(R) DSP Core. Renesas has commenced shipping GSM / GPRS semiconductor chips powered by ParthusCeva's TeakLite DSP to customers manufacturing next-generation handset products. Renesas was formed in April 2003 by the integration of Hitachi and Mitsubishi Electric semiconductor operations. TeakLite DSP core is optimized for modem devices requiring advanced functionality, and audio processing combined with low-power consumption. The core enables the development of low power handset modems and is an excellent solution for the modem functionality, low-power speech and audio processing required by mobile and communication devices.
Leap Wireless International, Inc.
Leap Completes Sale of Spectrum in Idaho Falls and Twin Falls, Idaho to Edge Acquisitions, LLC; Company Sells Spectrum for $3.25 Million
SAN DIEGO, Sept. 15, 2003 (PRIMEZONE) -- Leap Wireless International, Inc. (OTCBB:LWIQE), an innovator of wireless communications services, today announced that it has completed the sale of 15 MHz of spectrum in each of the Idaho Falls and Twin Falls, Idaho markets to Edge Acquisitions, LLC for $3.25 million. The U.S. Bankruptcy Court for the Southern District of California in San Diego, Calif. approved the transaction on Sept. 9, 2003.
New Swedish-German `Sewing Computer' Set to Take Europe by Storm
HUSKVARNA, Sweden, Sept. 15, 2003 (PRIMEZONE) -- A large screen with crystal-clear image reproduction, a PCMCIA reader, upgrade options via the Internet and an innovative design. The Pfaff creative 2144 is rather like a computer in many ways but in fact it is one of the world's most modern domestic sewing machines. Following its positive reception in the USA, the machine will be launched across Europe from Monday.
Digital Wall Street Inc.
WallSt.net Interviews CEO of Triquint Semiconductors Inc., CEO of Gateway Distributors Ltd., CFO of Invitrogen Corp., and CEO of Universal Express Inc.
NEW YORK, Sept. 15, 2003, (PRIMEZONE) -- Ralph Quinsey, CEO of Triquint Semiconductors Inc. (Nasdaq:TQNT) discussed his company's proprietary, GaAs technology and how it's rapidly becoming the standard in the semiconductor industry. Quinsey also discussed his company's growth rate, and its diversification initiatives. He broke down the different areas of Triquint's revenue stream, and some of the company's recent acquisitions, and their entree into the optical technology market. "To think of Triquint, you have to think and believe in communication," Quinsey said. "The demand of the world's population on our communications networks is increasing at a significant pace, as more and more people join the world's revolution for information management."
Bure increases its ownership in Cygate
GOTHENBURG, Sweden, Sept. 15, 2003 (PRIMEZONE) -- Bure (Other OTC:BRVVF) has increased its ownership in Cygate Group AB to 93.9 per cent. The increase is made through a combination of the acquisition of shares and a subscription to new shares in a rights issue in Cygate. The vendors are a group of previous minority owners.
Ulf Spang leaves Skandia
STOCKHOLM, Sweden, Sept. 15, 2003 (PRIMEZONE) -- Ulf Spang, Senior Executive Vice President of Skandia (Other OTC:SKNFF) (LSE:SDIAq), today announced his intention to leave Skandia, now that Prudential Financial, Inc. (US) has fulfilled the final terms of the agreement on the acquisition of American Skandia and paid the remaining part of the purchase price to Skandia.