11th Oct 2007 07:00
Imagination Technologies Group PLC11 October 2007 11 October 2007 Imagination Technologies Group plc SI Electronics licenses video processing core from Imagination Technologies Imagination Technologies Group plc (LSE:IMG; "Imagination") - a leader inSystem-on-Chip Intellectual Property ("SoC IP") - confirms that SI ElectronicsLtd ("SIE"), a leader in graphics processors for amusement systems, has licensedImagination's POWERVR(R) VXD 370 multi-standard video decoding technology undera multiple-use license arrangement for use in devices targeting the amusementmarket. This announcement extends a long relationship between the two companies. Under the terms of its licensing arrangements Imagination receives license feesand royalty revenues on SoCs incorporating Imagination's IP shipped by partners. About SI ElectronicsSI Electronics Ltd ("SIE") - a leader in graphics processors for amusementsystems - engages in the development and production of amusement systems,principally video display systems. Those systems include ASICs which incorporateSystem on Chip Intellectual Property (SoC IP) cores from ImaginationTechnologies. SIE also provides software development environments, video boardsand final assembly services. SIE's corporate headquarters is located in Japan. About Imagination Technologies Imagination Technologies Group plc (FTSE: IMG) - a leader in semiconductorSystem on Chip Intellectual Property (SoC IP) - creates and licensesmarket-leading embedded graphics, video and display accelerators, multi-threadedprocessors and multi-standard receiver technologies. These IP solutions arecomplemented by dynamic and extensive developer and middleware ecosystems.Target markets include digital radio and audio; mobile phone multimedia; carnavigation & driver information; personal navigation; UMPC and Mobile InternetDevice (MID); digital TV & set top box; and mobile TV. Its licensees includeleading semiconductor and consumer electronics companies. Imagination hascorporate headquarters in the United Kingdom, with sales and R&D officesworldwide. See: www.imgtec.com. Contact: Imagination Technologies Group plc Tel: 01923 260511Hossein Yassaie, CEOTrevor Selby, CFO College Hill Associates Tel: 020 7457 2020Adrian Duffield This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Imagination Technologies Group