Cradle Adds Senior Engineering Executive; Industry Veteran Satchit Jain Named Senior VP Hardware Engineering.SUNNYVALE, Calif. -- Cradle Technologies, Inc. a pioneer in high-performance multiprocessor 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 platform solutions for real-time multimedia, today announced that Satchit Jain has joined the executive management team. Mr. Jain will drive all silicon hardware engineering at the company and report directly to 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. Arthur Chang. "We are extremely pleased to attract someone with the caliber of design and management expertise as Satchit," said Mr. Chang. "This management addition, coupled with our recent CT3600 product launch, positions us extremely well to execute on our commitment to deliver compelling, scalable high-performance DSP solutions for multimedia with initial emphasis on video surveillance." In addition to Mr. Jain, Cradle Technologies has already attracted an impressive array of industry professionals. Cradle's management team hails from leading companies such as IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Intel, Texas Instruments See TI. (company) Texas Instruments - (TI) A US electronics company. A TI engineer, Jack Kilby invented the integrated circuit in 1958. Three TI employees left the company in 1982 to start Compaq. , Xilinx, Bell Labs, and 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/. . The Cradle team combines a powerful mix of system, silicon, and software expertise. As senior vice president of hardware engineering, Mr. Jain will manage all VLSI VLSI: see integrated circuit. (1) (Very Large Scale Integration) Between 100,000 and one million transistors on a chip. See SSI, MSI, LSI and ULSI. (2) (VLSI Technology, Inc., Tempe, AZ, www.semiconductors. silicon engineering at the company and lead the engineering effort to design the third generation of multiprocessor DSPs. Most recently, Mr. Jain was founder, president and CEO of Teradiant Networks, a high-performance packet processor and traffic manager startup. Prior to that, Mr. Jain he served a variety of senior engineering and architect roles at Intel where his thirteen-year career spanned the Microprocessor, Mobile and Handheld Products, and the Optical Processor Groups. He was a valuable contributor to the widely successful 80486, Pentium, Pentium overdrive The Pentium OverDrive was a microprocessor marketing brand name used by Intel, to cover a variety of consumer upgrade products sold in the mid 1990s. It was originally released for 486 motherboards, and later some Pentium sockets. and Pentium II CPUs. "Cradle Technologies is an exciting place to be right now -- the multimedia market is one of the fastest growing segments of the semiconductor industry and Cradle is at the forefront of the trend toward multi-core system-on-a-chip technology with its advanced multiprocessor DSP products," said Mr. Jain. "Cradle is realizing the commercialization of embedded multiprocessing and I am pleased to be able to drive the technology to the next level of performance and scalability." About Cradle Technologies Cradle is 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 the best price/performance, most flexible and most scalable DSP solutions for real-time multimedia applications. Cradle's multiprocessor DSP architecture innovation delivers high-performance scalable DSP processing with the flexibility, time-to-market and product differentiation Product Differentiation A source of competitive advantage that depends on producing some item that is regarded to have unique and valuable characteristics. benefits of processor-based programmable platforms. Coupled with a Rapid Development System and suite of application software functions, Cradle provides OEMs with all the building blocks necessary to enable flexible yet high-performance DSP designs. Cradle's corporate headquarters are located in Sunnyvale, California. For more information about the company call 408-636-5000 or visit www.cradle.com. |
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