Cirrus Logic and IndigoVision Join Forces to Develop Internet Video for Maverick Chip Sets.Business Editors & High-Tech Writers AUSTIN, Texas--(BUSINESS WIRE)--Nov. 7, 2000 Cirrus Logic (company) Cirrus Logic - A manufacturer of integrated circuits including the Advanced RISC Machine and display interface processors and cards for use as Windows accelerators (requiring dedicated driver software). http://cirrus.com/. Inc. (Nasdaq:CRUS crus (krus) pl. cru´ra [L.] 1. leg (1). 2. a leglike part. crus ce´rebri ) today announced that it has signed a letter of intent with IndigoVision Group plc. to jointly develop real time networked video capability for Cirrus Logic's industry leading Maverick product line. The jointly developed integrated circuits Integrated circuits Miniature electronic circuits produced within and upon a single semiconductor crystal, usually silicon. Integrated circuits range in complexity from simple logic circuits and amplifiers, about 1/20 in. (1. and software will enable deployment into a broad range of embedded consumer applications over the next two years, such as digital TVs, handheld devices, set-top boxes, video replay boxes, video servers and closed circuit TVs. In addition, the new video products will further enhance portability and mobility of industrial applications in the security and surveillance markets. IndigoVision has developed five generations of VideoBridge(R) technology, a complete set of hardware and software IP Video (IPV IPV poliovirus vaccine inactivated. IPV abbr. inactivated poliovirus vaccine IPV see infectious pustular vulvovaginitis. ) enabling solutions. VideoBridge combines all the elements of visual communications into one fully integrated suite of technology: video acquisition, compression, transmission, analysis, recording, administration and viewing. "This is a logical progression of the Maverick chip's leadership in Internet connectivity," says Scott McDonald Scott Douglas McDonald (born 21 August 1983, Melbourne, Australia) is a professional football (soccer) player who currently plays in Scotland for Celtic as a striker. After a £400,000 bid from Rangers was rejected in January 2007,[1] , vice president of marketing for Cirrus Logic's Embedded Processors Division. "As broadband access See broadband and wireless broadband. proliferates over the next two to three years in the consumer marketplace, we envision a demand for real-time video just as there is for MP3 audio today. This new development is timed to take advantage of that convergence." "The addition of high quality, real time video to the Maverick chip is a natural extension of our business model and Maverick's audio leadership," adds Matthew Perry, vice president and general manager of Cirrus Logic's Embedded Processors Division. "That same experience will also give us the opportunity to take our knowledge of audio content distribution and security and apply it to video." "This deal is a landmark for the Internet Protocol See Internet and TCP/IP. (networking) Internet Protocol - (IP) The network layer for the TCP/IP protocol suite widely used on Ethernet networks, defined in STD 5, RFC 791. IP is a connectionless, best-effort packet switching protocol. Video (IPV) technology industry," says Sergio Tansini, IndigoVision's 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. . "The agreement with Cirrus Logic will offer product designers a unique opportunity to enable full frame, real time, audio-visual communications for Internet and telecommunications applications and will change the way the world communicates." About IndigoVision Group plc Founded in 1994, IndigoVision has to date developed five generations of VideoBridge(R) technology, a complete set of hardware and software IP Video (IPV) enabling solutions, which manufacturers can use in design, integrated system or product form. This enables clients to produce their own visual communications products, enabling real-time video to be transmitted over intra-, extra-, internet networks in IT, telecommunications and security & surveillance markets. VideoBridge(R) combines all the elements of visual communications into one fully integrated suite of technology: video acquisition, compression, transmission, analysis, recording, administration and viewing. IndigoVision designs and develops next-generation, multi-standard networked IP Video (IPV) solutions on behalf of OEMs, Integrators and Installers globally. Based in Edinburgh, with offices in the U.S.A and an office in Japan, IndigoVision floated on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. (IND.L) in August 2000. Further information: http://www.indigovision.com/ Cirrus Logic Cirrus Logic is a premier supplier of high-performance analog and DSP (1) (Digital Signal Processor) A special-purpose CPU used for digital signal processing applications (see definition #2 below). It provides ultra-fast instruction sequences, such as shift and add, and multiply and add, which are commonly used in math-intensive chip solutions for Internet entertainment electronics. Building on its global market share leadership in audio integrated circuits and its rich mixed-signal patent portfolio, the company targets high-volume audio, storage and communications applications. Cirrus Logic sells its products under the Crystal(R), Maverick(tm) and 3Ci(tm) brands as well as its own name. Founded in 1984 in Silicon Valley, Cirrus Logic operates from headquarters in Austin, Texas and major sites located in Fremont, Calif. and Broomfield, Colo., as well as offices in Europe, Japan and Asia. More information about Cirrus Logic is available at www.cirrus.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provision Any forward-looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Please refer to Cirrus Logic's current Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. and other filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ. Note to editors: Cirrus Logic and Crystal are registered trademarks of Cirrus Logic Inc. All other product names noted herein may be trademarks of their respective holders. |
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