30th Mar 2006 07:01
Imagination Technologies Group PLC30 March 2006 Imagination Technologies Group Plc Licensing agreement Renesas Technology Corp. Licenses Imagination Technologies' PowerVR SGX Imagination Technologies Group plc ("Imagination") - a leader in System on ChipIntellectual Property (" SoC IP") - reports that Renesas Technology Corp. ("Renesas"), one of the world's leading semiconductor system solutions providers,has extended its agreement with Imagination to the next generation of PowerVR,and has licensed one of the PowerVR SGX graphics / video core family membersunder a multiple-use license arrangement. Renesas has previously licensed PowerVR MBX and PowerVR MBX Lite and iscurrently deploying these in automotive, consumer and mobile devices. Under the terms of its licensing arrangements Imagination Technologies receiveslicense fees and royalty revenues on SoCs incorporating ImaginationTechnologies' IP shipped by partners. Imagination will release a trading update in April 2006. About PowerVR SGX PowerVR SGX, the new generation PowerVR shader based graphics and videotechnology family, is part of the Imagination's PowerVR Series5 scalable andfully programmable shader graphics and video core family. With state-of-the-artsupport for 2D and 3D PowerVR SGX has an industry-leading feature set thatexceeds OGL 2.0 shader and Microsoft Vertex and Pixel Shader Model 3requirements. The Power SGX family can also perform video/image decode andencode processing for standards such as H264, MPEG4/2, WMV, JPEG and others.PowerVR SGX family members target mobile, automotive, consumer and PC markets. About Imagination Technologies Imagination Technologies Group plc - a leader in SoC IP - develops, licenses andsupplies market-leading graphics, video and display cores, real-timemulti-threaded DSP/RISC processors and communication and broadcast technologiesfor the mobile, consumer, automotive and PC markets. It supplies licensable IP(Intellectual Property) supported by advanced development tools to leadingsemiconductor and consumer electronics companies worldwide. ImaginationTechnologies Group plc has its corporate headquarters in the United Kingdom andis publicly traded on the London Stock Exchange (FTSE:IMG). See: www.imgtec.com. 30 March 2006 Enquiries Imagination Technologies Group plc Tel: 01923 260511Hossein Yassaie, CEOTrevor Selby, CFO College Hill Associates Tel: 020 7457 2020Nick Elwes / Adrian Duffield This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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