Microtec Research Announces Object-Oriented Development Toolkit for Embedded Systems; Scaleable Approach Provides Enterprise-Wide Solution for Telecommunication and Other Embedded Applications.SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--April 3, 1995--Microtec Research, Inc. (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 :MTEC), a leading supplier of software products for the development and operation of embedded systems, today announced a software development toolkit that provides a technological leap in object-oriented programming for embedded development. The new C++ technology meets the requirements of a wide range of telecommunication and data communication applications, such as cellular phones, telephone switching Telephone switching Moving one's assets from one mutual fund or variable annuity to another by telephone. telephone switching The movement of an investor's funds from one mutual fund to another mutual fund on the basis of an order given via equipment, CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. cellular systems, and digital video compression products. The new toolkit supports the Motorola 68XXX family of microprocessors, the industry's most popular processor family for embedded applications. It is the first toolkit to conform to the industry's Annotated Reference Manual An Annotated Reference Manual is the definitive reference manual for a computer programming language (the Language Reference Manual plus annotations to clarify special issues). standards. According to IDC, an independent market research firm, software expenditures for the 16- and 32-bit segment of the real-time embedded systems market, estimated at $340 million in 1994, are expected to reach $930 million in 1998. "This scaleable toolkit is a key element in the Microtec strategy that satisfies the growing trend of large embedded system developers who want to standardize on a few select toolkit suppliers, said Jerry Kirk, 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 Microtec. Our goal is to leverage our installed base of software tools users, providing them with flexible, cost-effective development solutions. The toolkit also strengthens our technological leadership and reflects our continuing industry-leading investment in research and development," he added. A SunSPARC version for 68XXX development will be available later this month, and PC and HP9000/700 versions will follow in May 1995 and July 1995, respectively. Microtec Research, Inc. is a leading supplier of software products for the development and operation of embedded systems, including software development tools, real-time operating systems and software connectivity products. Microtec has one of the largest installed customer bases in the embedded systems software development market, with over 40,000 licensed users of its software development tools and over 4,000 licensed users of its VRTX An earlier real time operating system for embedded systems from Mentor Graphics, Wilsonville, OR (www.mentor.com). VRTX was the progenitor of the VxWorks OS from Wind River and was superseded by Nucleus OS. VRTX - Virtual Real-Time Executive. real-time operating systems. The company has its headquarters in Santa Clara, Calif., with offices and distributors worldwide. Microtec reported revenues for the nine months ended December 31, 1994 of $33.1 million. CONTACT: Microtec Research Inc. Ken Lonchar, CFO See Chief Financial Officer. (Investors) or Deborah Chalmers (Media), 408/980-1300 |
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