Aura Communications Expands Corporate Office to Accommodate Rapid Growth; Employee Ranks to Double Over Next Six Months.Business/Technology Editors WILMINGTON, Mass.--(BUSINESS WIRE)--May 8, 2001 Aura Communications, Inc., a fabless semiconductor company A fabless semiconductor company specializes in the design and sale of hardware devices implemented on semiconductor chips. It achieves an advantage by outsourcing the fabrication of the devices to a specialized semiconductor manufacturer called a semiconductor foundry or "fab. providing system-on-chip (SOC) solutions for wireless voice, data and audio communication within the personal area network, today signed a multi-year lease that effectively doubles its office size. Terms of the lease were not disclosed. The move, which will occur Monday, July 2, expands Aura's office space from 5,000 square feet to 10,000 square feet in Wilmington, Mass. The additional space will give Aura(TM) the capacity to double the number of employees from 20 people today to 40 by the end of 2001. Aura is currently hiring in engineering, marketing, sales and operations. The additional space also allows Aura to expand its research and development facility. The office will maintain its current address at 187 Ballardvale Street, Wilmington, Mass. 01887. Telephone: (978) 988-0088. Facsimile: (978) 988-3977. "Semiconductors for wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. is one of the fastest growing segments today," says Chip Marshall Chip Marshall is a political activist, and was a member of the prominent anti-Vietnam War group, the Seattle Liberation Front ("Seattle Seven"). Since then, he has helped to develop Issaquah's Klahanie community. , chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Aura Communications. "Expanding our office space demonstrates our need to keep pace with this rapid growth and commitment to our customers." About Aura Communications Aura Communications, Inc., is a fabless semiconductor company that has developed an enabling technology for low-cost, low-power personal-area networks. Aura's programmable system-on-chip (SOC) solutions create the backbone infrastructure for wireless voice, audio and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. . Its first product -- known as VoiceLink(TM)-- enabled the first commercially available wireless headset See headset. for cellular telephones and is well suited for wireless applications that require high-quality, full-duplex voice transmission at low-power consumption and cost. Founded in 1995, Aura Communications is privately held and funded by Duchossois TECnology Partners, Pilot House Ventures, Motorola Ventures, the strategic venture capital arm of Motorola, Inc. (NYSE NYSE See: New York Stock Exchange : MOT), and angel investors An individual who invests his or her own money in a private company, which is typically a startup. An angel investor is not an employee or member of a bank, venture capital firm or other financial institution that normally makes such investments. . Corporate headquarters is located at 187 Ballardvale Street, Wilmington, Mass. 01887. Telephone: (978) 988-0088. Facsimile: (978) 988-3977. Email: info@auracomm.com. Online information is found at its web site: http://www.auracomm.com. Aura, VoiceLink and LibertyLink are trademarks of Aura Communications Inc. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders. |
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