MontaVista Goes Global -- Opens European Headquarters In France; Paris Operation Accompanies Aggressive Worldwide Expansion Plans.Business Editors SUNNYVALE, Calif.--(BUSINESS WIRE)--May 9, 2000 MontaVista Software MontaVista Software develops systems software, development tools and Embedded Linux-based software targeting embedded systems such as automotive electronics, communications equipment, and television set-top boxes and other connected devices and infrastructure. Inc., developer of the Hard Hat(TM) Linux(R) operating system operating system (OS) Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. for embedded computers, today announces the inauguration of the company's European headquarters in Paris, France. The French operation will commence an aggressive staffing plan to attain an anticipated headcount of 15 to 20 employees within its first 60 days of doing business. With an initial focus on France and southern Europe Southern Europe or sometimes Mediterranean Europe is a region of the European continent. There is no clear definition of the term which can vary depending on whether geographic, cultural, linguistic or historical factors are taken into account. , the MontaVista European team will grow to include the United Kingdom, Germany, and the Nordic countries later this summer and will have responsibility for other non-North American (ROW) sales and support activities. MontaVista Software was founded in 1999 by real-time operating system (operating system) Real-Time Operating System - (RTOS) Any operating system where interrupts are guaranteed to be handled within a certain specified maximum time, thereby making it suitable for control of hardware in embedded systems and other time-critical applications. (RTOS (1) (RealTime Operating System) An operating system designed for use in a real time computer system. See real time system, embedded system, process control and OS-9. ) pioneer James Ready James "Jim" Ready is a businessman and technologist. He is known within the Linux community for pioneering real-time embedded operating systems.[1] Ready received his BA from University of Illinois at Urbana-Champaign in 1971 and his MA from the University of . The company provides its Hard Hat Linux distribution The Linux operating system packaged for customers for a fee. It includes the Linux kernel, essential operating system components from the GNU Project, an installation program, various open source utilities and applications, documentation and technical support. tailored for embedded computers from telecommunications switching equipment to Internet appliances. MontaVista's international expansion accompanies the rapid growth in both staffing and revenues already realized in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Following a successful round of equity funding Equity funding An investment consisting of a life insurance policy and a mutual fund. The insurance policy is paid by the collateral value of fund shares, giving the investor the advantages of insurance protection with the growth potential of a mutual fund. in February, MontaVista has rapidly staffed its Silicon Valley headquarters and two regional design centers, realizing a staff growth rate of almost 400% in the past two months alone. The company has also realized first quarter revenues in excess of all income for fiscal 1999. "Our success in recruiting top-notch development and support engineers as well as talented sales and marketing professionals around the world allows MontaVista to deliver superior technology, support and services," says Jim Ready, 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. and president of MontaVista Software. Brian Grega, vice president of business development and worldwide sales adds, "With offices in key locations around the world, we are well positioned to identify, and rapidly respond to, local and global opportunities in pervasive computing and communications infrastructure." Stephane Deruelle, who joins MontaVista from Wind River Systems as director for Southern European sales, adds, "In my 10 years in the industry I have not seen such a strong entry into the embedded systems field. I am very excited to join in the embedded Linux revolution, and to lead the charge into Southern Europe for MontaVista." MontaVista's Hard Hat Linux is based on off-the-shelf Linux kernel and software components and is 100 percent open source and royalty free. The company recently announced a new real-time scheduler for Linux and is taking the lead in demonstrating that standard, off-the-shelf Linux can take the place of traditional embedded RTOS software in mission critical applications. For more information about Hard Hat Linux and MontaVista Software Inc., please call 408-328-9223 or visit the MontaVista Web site - http://www.mvista.com. About MontaVista Software Inc. MontaVista Software Inc., founded in 1999 by real-time operating system pioneer James Ready, delivers open-source software solutions for the worldwide embedded software market. MontaVista's principal offering is the Linux(R) operating system tailored for embedded software applications. MontaVista products include Hard Hat Linux, a standard off-the-shelf binary distribution of Linux for x86, PowerPC, StrongARM, MIPS (Million Instructions Per Second) The execution speed of a computer. For example, .5 MIPS is 500,000 instructions per second; 100 MIPS is a hundred million instructions per second. and other microprocessor architectures. Hard Hat Linux offering developers a mix of open source and standard APIs, as well as unique solutions for embedded design including the MontaVista real-time scheduler and Hard Hat Net CompactPCI back-plane networking. Hard Hat Linux is supported by a comprehensive tool suite including optimizing compilers for C, C++ and other languages; high-level language debuggers; and performance monitoring tools. The company's Subscription Plans also provide Linux support, porting and customization services to customers worldwide. MontaVista headquarters are in Sunnyvale, Calif., in the heart of the Silicon Valley. Linux is a registered trademark of Linus Torvalds. Hard Hat is a trademark of MontaVista Software Inc. All other names mentioned are trademarks, registered trademarks or service marks of their respective companies. |
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