3rd Apr 2007 07:02
Arc International PLC03 April 2007 Investor and Media Contact: Financial Dynamics Lee Garvin Flanagin Juliet Clarke ARC International +44 20 7831 3113 +1 408 437 3433 [email protected] ARC Signs $15M Multiyear License With One of the Largest Consumer Electronics Companies Landmark Agreement Underscores the Premium Industry Leaders Assign to ARC's Configurable Solutions ELSTREE, England, April 3, 2007 - ARC International (LSE: ARK) today announcedthat one of the largest consumer electronics companies has taken a multiyearlicense valued at $15 million (USD) for ARC's patented configurable processors.Further details of the nature of the customer and its targeted high-growthapplications are confidential. Carl Schlachte, president and CEO of ARC International, said, "This significantcustomer agreement is one of the largest ever completed by a 'Star IP' company.More importantly it underscores the confidence and value Tier 1 consumerelectronics companies continue to place in our configurable processor solutions." About ARC's Patented Configurable Technology ARC's patented configurable subsystem and processor technology enablessystem-on-chip (SoC) designers to create silicon that is optimized to the endapplication. Designers have the freedom to retain necessary functionality whileremoving unneeded features in a configurable ARC product. The benefit is an SoCwith a more optimal balance of speed, area and power for a specific application,resulting in a lower power, smaller chip that is less expensive to manufacture.Adding custom instructions to ARC's subsystems and cores, designers canachieve major gains in application efficiency by defining custom extensions thataccelerate critical code. # # # About ARC International plc ARC International is the world leader in configurable subsystems and CPU/DSPprocessors that are used by semiconductor companies worldwide to createsystem-on-chip (SoC) designs that provide a strategic competitive advantage.ARC's patented configurable products are smaller, consume less power, are lessexpensive to manufacture, and provide a higher degree of differentiation overwhat can be created using "fixed architecture" core alternatives. ARC International maintains a worldwide presence with corporate and research anddevelopment offices in California and Elstree, UK. For more information visitwww.ARC.com. ARC International is listed on the London Stock Exchange as ARCInternational plc (LSE: ARK). ARC and the ARC logo are trademarks or registered trademarks of ARCInternational. All other brands or product names contained herein are theproperty of their respective owners. This press release may contain certain"forward-looking statements" that involve risks and uncertainties, including thedevelopment, implementation, and release of features described herein. Theseare at the sole discretion of ARC International. For other factors that couldcause actual results to differ, visit the company's Website as well as thelisting particulars filed with the United Kingdom Listing Authority and theRegistrar of Companies in England and Wales. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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