BSQUARE Continues Momentum in Microsoft Windows Embedded Licensing; Announces 1000th Customer and Renewal of Microsoft Licensing Agreement.BELLEVUE, Wash. -- BSQUARE (Nasdaq:BSQR), a leading provider of smart device solutions, today announced it has surpassed 1,000 Microsoft Windows See Windows. (operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then. operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. customers. The company also announced the renewal of its annual Original Equipment Manufacturer (OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and ) Distribution agreement that allows BSQUARE to provide Microsoft Windows Embedded operating systems to OEMs of dedicated purpose computing devices. In addition to BSQUARE's current distribution territory covering the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada, Microsoft has extended the agreement to include the emerging Mexico market. The licensing of Microsoft embedded toolkits and operating systems has contributed substantial revenue for BSQUARE since the company's acquisition of personnel from Annasoft, a leading Microsoft distributor, in the second quarter of 2002. BSQUARE's licensing revenue grew from $1.7 million in 2001 to $24.6 million in 2003. "The growth of our Microsoft licensing business is important to BSQUARE as it provides a steady flow of leads and the opportunity to sell additional value-added products and services to an expanding customer base," said Brian Crowley, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BSQUARE. BSQUARE has experienced significant growth in the licensing of Microsoft's embedded operating systems: Windows CE and Windows XP Embedded An enhanced version of Windows XP for compact applications such as PDAs, handhelds and other appliances that use the x86 CPU. It supports such features as CompactPCI and the ability to boot from flash memory or CD-ROM. . BSQUARE expects this trend to continue as current customers migrate their smart devices from Microsoft Windows Classic operating systems, such as Windows 98, to Windows Embedded operating systems. In addition, BSQUARE's quarter-over-quarter growth in sales of development toolkits for these operating systems to new customers is a positive indicator of future licensing sales and service opportunities. Sales of the new Windows CE 5.0 toolkits this quarter are strong and BSQUARE expects a significant pick up in Windows XP Embedded toolkit sales upon the upcoming availability of Windows XP Embedded Service Pack 2. In the worldwide embedded operating system market, Microsoft operating system and toolkit revenue accounted for a 26% market share, according to Venture Development Corporation's independent research published in mid-2004. BSQUARE has assisted OEMs in evaluating appropriate operating systems for their device projects and recently convinced MF Digital, an industry leading manufacturer of CD/DVD duplication devices, to standardize on Windows XP Embedded instead of Linux. About BSQUARE BSQUARE is a leading global provider of software, engineering services and consulting for the smart device market. Since 1994, BSQUARE has provided world-class device makers with the building blocks necessary to design, develop, and test innovative products quickly and cost effectively. A sample of BSQUARE customers includes Motorola, Hewlett-Packard, Texas Instruments, NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. , HTC HTC HTML (Hyper Text Markup Language) Component HTC High Tech Computer Corp (Taiwan, China) HTC Hennepin Technical College (Minnesota) HTC High-Throughput Computing , Microsoft and others. BSQUARE is one of Microsoft's largest value-added partners worldwide for Windows Embedded software, a Gold-level Systems Integrator of the year and a leading Windows Mobile solutions provider for Smartphone and Pocket PC. BSQUARE is a Texas Instruments-licensed Independent OMAP OMAP Office of Medical Assistance Programs (Oregon Department of Human Services) OMAP Open Multimedia Applications Platform (Texas Instruments semiconductor operating system) (TM) (Open Multimedia Application Platform) Technology Center. The company's SDIO See SDIO card. Now! technology has been adopted by over 65 top-tier smart device makers. For more information, visit BSQUARE at www.bsquare.com or call 888-820-4500. BSQUARE is a registered trademark of BSQUARE Corporation. Other product or service names mentioned herein are the trademarks of their respective owners. |
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