Celestry Reports Record Sales Results, Profitability; Positions Itself for Growth in Deep Submicron SoC Market.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--Feb. 8, 2002 Celestry Design Technologies, Inc., the leading provider of Silicon Accurate Sign-off(TM) technology for the semiconductor and electronics industry, reported today record high sales and revenue that more than doubled over the last two years. "Last year was very successful for Celestry," remarked Dr. Zhihong Liu, 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 Celestry. "In spite of the market slow down, coupled with the events of September 11th, we achieved impressive sales growth. We substantially expanded our sales channels, invested in our R&D staffing in USA and China. We successfully completed the merger of BTA (Business Technology Association, Kansas City, MO, www.bta.org). A membership association of manufacturers, dealers, distributors and service companies in the business equipment and systems industries, founded in 1994. and Ultima and integrated our technologies into full-chip SoC sign-off solutions that address the challenges of 0.13 micron micron: see micrometer. One micrometer, which is one millionth of a meter or approximately 1/25,000 of an inch. The tiny elements that make up a transistor on a chip are measured in micrometers and nanometers. See process technology. and below designs." "We look forward to an excellent year in 2002," added Dr. Liu. "We continue to invest in our product development to maintain technically superior SoC sign-off products. Additionally, we plan to establish a stronger presence in Europe along with continuing our global expansion." Celestry has offices in US, China, Japan, Korea, Singapore and Taiwan, and R&D centers in San Jose, Beijing and Shanghai. In 2001, Celestry's new customers and business relationships included companies such as TI, Sanyo, Faraday faraday /far·a·day/ (F ) (far´ah-da) the electric charge carried by one mole of electrons or one equivalent weight of ions, equal to 9.649 × 104coulombs. far·a·day n. , TSMC TSMC Taiwan Semiconductor Manufacturing Company, Ltd TSMC Taiwan Semiconductor Manufacturing Corporation TSMC Traffic Systems Management Center TSMC Toll Station Management Controller TSMC Transportation Supply Maintenance Command TSMC Technical Services Manager Code and Keithly. About Celestry Celestry is the leading provider of physical design products that enable integrated circuit integrated circuit (IC), electronic circuit built on a semiconductor substrate, usually one of single-crystal silicon. The circuit, often called a chip, is packaged in a hermetically sealed case or a nonhermetic plastic capsule, with leads extending from it for designers to achieve optimal performance from semiconductor process technologies. The Company offers software and services to electronic and semiconductor companies involved with the design of chips that are used in networking, communication, multimedia and computing products. For more information visit www.celestry.com or email info@celestry.com. Note to Editors: Celestry, the Celestry logo and Silicon-Accurate Sign-off are trademarks of Celestry Design Technologies, Inc. |
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