17th May 2005 07:00
Imagination Technologies Group PLC17 May 2005 Imagination Technologies Group plc New Licence Agreement with Intel Corporation Imagination Technologies Group plc, ("Imagination Technologies"), a leader insystem-on-chip intellectual property (SoC IP), announces that Intel Corporation("Intel") has licensed both a member of its new generation, fully programmablePowerVR graphics and video processing IP family, codenamed Eurasia, and a nextgeneration multi-standard video codec (video encode and decoder) IP core. Intel has previously licensed PowerVR MBX family graphics and associated videoand display cores. Under the terms of its licensing arrangements, Imagination Technologies receiveslicence fees and royalty revenues on SoCs incorporating ImaginationTechnologies' IP shipped by partners. This new licence agreement has been concluded during the current financial year. About PowerVR's Eurasia Technologies Imagination Technologies' PowerVR division has a new highly scalable andprogrammable graphics and video IP family, codenamed Eurasia, under development.This family is based on Imagination Technologies' new advanced shadingtechnology, offering state-of-the-art features for multimedia devices, and setsthe technology benchmark significantly ahead of current offerings. Thescalability of the Eurasia family supports a broad range of applicationsincluding those in mobile, consumer and computing segments. These cores willco-exist alongside the PowerVR MBX family, members of which are currently beingintegrated in a variety of devices including mobile handhelds, car navigationand entertainment systems. Further details about the PowerVR Eurasia family willbe announced as appropriate. About Imagination Technologies Imagination Technologies Group plc - a leader in SoC IP - develops, licenses andsupplies market-leading graphics/video cores, real-time multi-threaded DSP/RISCprocessors and communication and broadcast technologies for the consumerentertainment and PC markets. It supplies both licensable IP (IntellectualProperty) and related advanced development tools to leading semiconductor andconsumer electronics companies worldwide. Imagination Technologies Group plc hasits corporate headquarters in the United Kingdom and is publicly traded on theLondon Stock Exchange (FTSE:IMG). See: www.imgtec.com. 17 May 2005 Imagination Technologies Group plc 01923 260511 Hossein Yassaie, Chief Executive Officer Trevor Selby, Chief Financial Officer College Hill 020 7457 2020 Nick Elwes/Adrian Duffield This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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