Ampy Automation and Ramtron Announce $65-Million Volume Purchase Agreement; Sophisticated Utility Management Program Launches FRAM into High-Volume Sales.Business Editors/High-Tech Writers COLORADO SPRINGS Colorado Springs, city (1990 pop. 281,140), seat of El Paso co., central Colo., on Monument and Fountain creeks, at the foot of Pikes Peak; inc. 1886. It is a year-round resort and a booming military, technological, and commercial city. , Colo. and PETERBOROUGH, England --(BUSINESS WIRE)--Aug. 7, 2000--Ramtron International Corporation (Nasdaq:RMTR RMTR Redesigned Missile Tracking Radar ) and UK based Ampy Automation Digilog Limited announced today a volume purchase agreement through which Ampy and certain designated manufacturing subcontractors intend to purchase $65,000,000 in FRAM (1) (Ferroelectric RAM) See FeRAM. (2) (Ferromagnetic RAM) A non-volatile memory that records microscopic bits on a magnetic surface. See MRAM. FRAM - Ferroelectric Random Access Memory (R) products over the next four years. The products were selected by Ampy for use in various power-metering products targeted at the growing worldwide market for more sophisticated utility distribution management. The agreement specifies the purchase of Ramtron FRAM memory products, ranging from 4-kilobit to 256-kilobit densities. Production of several power meter models is already underway by Ampy, and delivery of new models incorporating Ramtron's higher-density products is expected to begin in 2001. For more information on specific programs in which Ramtron's FRAM products may be used, refer to www.email.com.au/news/news.htm. "The non-volatile, fast-write characteristics of FRAM made it the ideal memory component for data-collection applications, such as ours," said Jonathan Elmer Jonathan Elmer (29 November 1745 - 3 September 1817) was an American politician, of the Pro-Administration (Federalist) Party. Elmer was born in Cedarville, New Jersey in 1745. He was graduated from the University of Pennsylvania in 1769 after studying medicine. , managing director of Ampy. "We have worked with Ramtron for several years and found FRAM to be a high-performance, reliable memory technology and also readily available from Ramtron in production volumes." "We are delighted with this expansion of our business with Ampy, which has been a customer of Ramtron since 1995," said Don Carrigan, vice president and general manager of Ramtron. "In addition, this application showcases the features of FRAM that we believe will make it a mainstream, high-performance non-volatile memory Refers to memory chips that hold their content without power being applied. It may refer to chips that are not changeable, such as ROMs and PROMs, or to chips that can be rewritten many times such as flash memory. . Our lower-density products have been used in various metering applications during the past few years, and this earlier success lays the groundwork for customer acceptance of our higher-density parts." "Ramtron expects to benefit from two converging trends," said Mike Alwais, director of marketing for Ramtron. "The deregulation Deregulation The reduction or elimination of government power in a particular industry, usually enacted to create more competition within the industry. Notes: Traditional areas that have been deregulated are the telephone and airline industries. of power distribution is now driving more sophisticated and higher performance electronics into the meter, and the Internet is enabling the creation of a home automation portal. The widespread adoption of these more sophisticated meter terminals creates a new on-ramp to the Internet for the consumer, and FRAM is the ideal data storage memory for this application." Andy Robinson For the actor see Andrew Robinson. Andy Robinson (born 3 April 1964 in Taunton, Somerset) is a former English rugby union footballer who played openside flanker for Bath and England. , design manager for Ampy, commented, "Utility meter A utility meter is any of the following metering devices used on utility mains:
According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Public Utilities Fortnightly fort·night·ly adj. Happening or appearing once in or every two weeks. adv. Once in a fortnight. n. pl. fort·night·lies A publication issued once every two weeks. , an independent utilities industry research publication, the worldwide utility meter market is expected to grow by at least 10 percent annually, to over $3 billion by 2002. This growth is expected to be driven by the expansion of the power grid in developing countries and the replacement of antiquated electromechanical The use of electricity to run moving parts. Disk drives, printers and motors are examples. Electromechanical systems must be designed for the eventual deterioration of moving components that wear over time. The first TVs were electromechanical systems (see video/TV history). meters in developed areas. About Ampy Automation Digilog Limited Ampy is a leading developer and supplier of electronic power meters to the worldwide power utility market. Ampy Automation was founded in 1962, specialising initially in speed monitoring equipment and from the late 1970's cashless card pre-payment systems. The company pioneered the introduction of card readers into electricity meters. The Ampy product range has expanded to include Polyphase Pol´y`phase a. 1. (Elec.) Having or producing two or more phases; multiphase; as, a polyphase machine, a machine producing two or more pressure waves of electro-motive force, differing in phase; a meters, twin element meters, smart card meters, solid-state credit meters, and the Mainstalk remote metering system. In support of the above range of products, Ampy Automation has expanded its production, commercial and research teams and now has a workforce of over 250 staff. In order to maintain its reputation for high quality and on-schedule delivery, Ampy Automation has invested in a wide range of on-site facilities, such as injection moulding, toolroom facilities, in-house calibration, and certification facilities. The Ampy software development team is now one of the largest and most experienced in the metering industry. Home page is: http://www.ampy.co.uk Ampy's parent company home page is: www.metering.com.au About Ramtron Ramtron's patented FRAM memories are a new generation of semiconductor memory that combine high-performance and low-power operation with the ability to store data in the absence of power. Due to the product's unique advantages, FRAM memories are expected to revolutionize a variety of electronic consumer and industrial products. Current applications for Ramtron's FRAM memory devices include electronic power meters, smart cards Example of widely used contactless smart cards are Hong Kong's Octopus card, Paris' Calypso/Navigo card and Lisbon' LisboaViva card, which predate the ISO/IEC 14443 standard. The following tables list smart cards used for public transportation and other electronic purse applications. , test instrumentation, factory automation, laser printers, security systems, and other systems that require reliable storage of data without an external power source. The company also develops and markets ultra-high-performance EDRAM (1) (Enhanced DRAM) A high-speed DRAM chip developed by Ramtron International Corporation, Colorado Springs, CO. It allowed overlap of a read at the trailing end of a write operation to obtain its speed. memory products through its subsidiary, Enhanced Memory Systems, Inc. For more information about Ramtron and its products, contact: Communications Department, Ramtron International Corporation, 1850 Ramtron Drive, Colorado Springs, Colorado The City of Colorado Springs is the second most populous city (after Denver) in the state of Colorado and the 48th most populous city in the United States.[4] The city is the county seat of El Paso County. , USA, 80921. Telephone is 800-545-FRAM (800-545-3726); FAX is 719-481-9294; E-mail address is info@ramtron.com. Homepage is http://www.ramtron.com Except for historical information, the statements preceding are forward-looking statements that involve risks and uncertainties. Investors are cautioned that such statements are only predictions and the actual events or results may differ materially. These forward-looking statements speak only as of this date. The company undertakes no obligation to publicly release the results of any revisions to the forward-looking statements made today to reflect events or circumstances after today, or to reflect the occurrence of unanticipated events. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion