Burr-Brown Makes Strategic Investment for Development of Wireless RFIC Products.Business Editors/High-Tech Writers TUCSON, Ariz.--(BUSINESS WIRE)--May 9, 2000 Burr-Brown Corporation The Burr-Brown Corporation was a United States technology company which designed, manufactured, and marketed a broad line of proprietary, standard, high-performance, analog and mixed-signal integrated circuits (ICs) used in electronic signal processing. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BBRC BBRC Biochemical and Biophysical Research Communications BBRC Bellevue Breakfast Rotary Club (Washington state) BBRC Ball Brothers Research Corporation ) today announced a strategic investment in BethelTronix, Inc. (BTI BTI Beverage Testing Institute BTI Boyce Thompson Institute BTI British American Tobacco (stock symbol) BTI Boston Theological Institute Bti Bacillus Thuringiensis Israelensis BTI BioTechnology Institute BTI Binding Tariff Information ), a Cerritos, California-based company that develops and markets highly integrated Radio Frequency Integrated Circuits (RFICs). Burr-Brown invested $10 million for approximately a 20% equity position in BTI and also obtained certain license rights to BTI's extensive RFIC RFIC Radio Frequency Integrated Circuit RFIC Radio Frequency Interface Chip cell library and intellectual property. Furthermore, the two companies will collaborate toward development of new Applications Specific Standard Products (ASSPs) for communications, computing and digital consumer applications. "BTI's extensive RFIC IP will expedite the entry of our high performance analog and mixed-signal capabilities into wireless applications," said Syrus P. Madavi, Burr-Brown's chairman, 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. . "These products represent a new direction for Burr-Brown and our intention is to be a best-in-class provider of wireless devices in support of our existing and future customers' requirements." Burr-Brown will participate as an active member of BTI's Board of Directors. Dr. Daniel Kang, BTI's founder, chairman, president and CEO, added, "We are very excited about Burr-Brown's investment in BTI for advanced RFIC technology and the mutually productive technologies and products that will result from this investment." Forward-looking statements included in this news release are subject to risks and uncertainties. Among these are economic and industry conditions in general, demand for the Company's products, its ability to develop new products and manufacture all products according to demand as well as the actions of its competitors. For a more complete discussion of the risks and uncertainties to which the Company's performance is subject, please refer to its public filings with the Securities and Exchange Commission. About Burr-Brown Burr-Brown Corporation is a worldwide leader in the development, manufacturing and marketing of precision linear, data conversion and mixed signal integrated circuits. These products address applications for both analog and digital signal processing See DSP. Digital Signal Processing - (DSP) Computer manipulation of analog signals (commonly sound or image) which have been converted to digital form (sampled). relating to communications, computing, consumer, and industrial markets. Additional company and product information is available at http://www.burr-brown.com. About BTI BethelTronix, Inc. designs, manufactures, and markets proprietary Silicon CMOS (Complementary Metal Oxide Semiconductor) Pronounced "c-moss." The most widely used integrated circuit design. It is found in almost every electronic product from handheld devices to mainframes. and BiCMOS RFICs for several key segments of the world telecommunications industry, including GSM-DCS-PCS Digital Cellular, ISM Band Transceivers, Pager Receivers and programmable GPS Receivers for Cellular Handsets and Embedded applications. Additional company and product information is available at http://www.betheltronix.com. |
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