NetSilicon Expands European Sales Channels and Engineering Services; NetSilicon Continues European Market Penetration With Key Distribution and Design Center Partnerships.Business/Technology Editors WALTHAM, Mass.--(BUSINESS WIRE)--Oct. 16, 2001 Building on the momentum the company has created in the European market, NetSilicon, Inc. (Nasdaq:NSIL), the leading provider of integrated hardware and software for intelligent, networked devices, today announced it has expanded the company's sales channels and augmented the scope of its engineering services across Europe. NetSilicon partnered with two new distributors, Germany's TOPAS TOPAS Vascular surgery A clinical trial–Thrombolysis Or Peripheral Arterial Surgery, which compared the benefits of thrombolysis by catheter-directed intraarterial recombinant urokinase with vascular surgery–eg, thrombectomy or bypass surgery in Pts Electronic GmbH and Spain-based Matrix Electronica S.L. In addition, NetSilicon signed new design center partnerships with France's TEAMLOG and Italy's ZP Engineering srl. NetSilicon presently owns and operates a corporate office in Munich, Germany and has existing partnerships with distributors and design centers throughout the continent. "These new, key relationships signify a strategic move to increase European market acceptance of the NET+Works product family, while utilizing the engineering support and expertise of these product design centers to build increasingly innovative intelligent devices for our OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and customers," said Michael Evensen, EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. vice president, NetSilicon. "We believe our relationships with these well-respected distributors and design centers will result in new business, new and innovative product designs, and revenue from a broad range of companies." NetSilicon's partners were selected based on their experience in the networked device market and the breadth and scope of their sales and engineering resources. Germany's TOPAS is a leading distributor of complex semiconductor products in Germany, and Matrix is a distributor of advanced electronic components in Spain and Portugal. France's TEAMLOG develops information systems technologies in the telecommunications, multimedia, Internet, and security areas. Italy's ZP Engineering designs embedded 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 electronic products. NetSilicon's NET+Works product family is a fully integrated, tested and production-ready embedded platform comprised of complete hardware, software, 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. ), network protocols and servers, application programming interfaces (APIs), drivers, and utilities - fully supported and royalty-free. By elevating the traditional hardware-only system-on-silicon approach to a tightly coupled See tight coupling. "solution-on-chip," NetSilicon is able to give OEMs an out-of-box solution that allows design engineers to reduce development costs, increase focus on product design, and meet time-to-market demands. The NET+Works product line includes NET+OS(TM), an integrated solution with real-time operating system, and an open source offering, NET+uClinux. NET+Works is used in a variety of applications, such as Internet telephony Another term for IP telephony and VoIP. In the late 1990s, some people made a distinction between Internet Telephony and VoIP: Internet telephony referred to voice over the public Internet, while VoIP referred to voice over private IP networks. , building access and control, industrial automation, retail point-of-sale systems, and handheld computing. About TOPAS TOPAS Electronic GmbH was founded in 1984 as a stocking representative and distributor for complex semiconductor products in Germany. Their sales engineers and FAEs form the backbone required to move complex products from first socket to volume sales. TOPAS has a proven track record in taking previously unknown semiconductor start-ups from no-name to fame in the German market, where TOPAS covers all regions with main and field sales. The company's mission is to support customers in development by means of transferring expertise in the area of future technologies. TOPAS Electronic GmbH is certified according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. DIN EN ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 since 1999. More information about TOPAS is available at: www.topas.de. About Matrix Matrix Electronica is dedicated to the distribution and representation of electronic components. It was founded in 1991, and has enjoyed a high growth rate in sales year after year. Matrix covers mainly niche markets, requiring strong technical support for the promotion of advanced components. The promotion effort is done with FAEs at design centers, helping customers' engineers with their designs. The company's goal is to gain the trust and loyalty of its customers for using our "non-second source components," offering the best solutions in each case. Matrix has offices in Madrid, Barcelona and Lisbon, covering the whole of Spain and Portugal. The company's total workforce consists of 42 motivated employees, of which 80 percent are highly skilled engineers. More information about Matrix is available at: www.matrix.es. About TEAMLOG TEAMLOG is a computer services Data processing (timesharing, batch processing), software development and consulting services. See service bureau, SaaS and ASP. company founded in 1991 at the initiative of the current Chairman and Chief Executive, Robert Morin. TEAMLOG is specialized in the new technologies behind information system design and development such as: RDBMS (Relational DataBase Management System) See relational database and DBMS. RDBMS - relational database , telecommunications, electronics, networks, multimedia, Internet and security. Listed on the Second Marche of Paris Euronext in July 1998, its 2000 turnover was (euro)95,6m, with net profit before goodwill adjustments of (euro)8,5m. The field of Intelligent Communication represents 34 percent of its turnover. The group has over 1900 employees, 19 locations in France: Paris, Grenoble, Lyon, Tours, Lannion, Rennes, Nantes, Aix-en-Provence, Sophia-Antipolis, Toulouse, Bordeaux, Saint-Etienne, Saint-Brieuc, Valognes, Strasbourg, Colmar, Belfort, Besancon and Mulhouse and is also present in Switzerland (Geneva Geneva, canton and city, Switzerland Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva. ), Spain (Madrid), Portugal (Lisbon), Canada (Montreal). More information about TEAMLOG is available at: www.teamlog.fr. About ZP Engineering Founded in 1998, ZP Engineering is a design house operating in the embedded system area, with special focus in FPGA- and DSP-based projects. It works with telecom, industrial and pro-audio companies to provide custom prototyping systems, production-oriented designs and pre-production lots. Engineering services include firmware development, VHDL (VHSIC Hardware Description Language) A hardware description language (HDL) used to design electronic systems at the component, board and system level. VHDL allows models to be developed at a very high level of abstraction. and signal processing algorithms, PCB PCB: see polychlorinated biphenyl. PCB in full polychlorinated biphenyl Any of a class of highly stable organic compounds prepared by the reaction of chlorine with biphenyl, a two-ring compound. layout, design of host applications and device drivers. More information about ZP Engineering is available at: www.zpeng.com. About NetSilicon NetSilicon develops integrated device networking platforms for manufacturers who want to build intelligence and Internet/Ethernet connectivity into their products. These platforms integrate the necessary processing hardware and networking software to connect electronic devices to the Internet or a Local Area Network (LAN (Local Area Network) A communications network that serves users within a confined geographical area. The "clients" are the user's workstations typically running Windows, although Mac and Linux clients are also used. ). NetSilicon's NET+Works family of device networking solutions allows manufacturers to shorten their time to market, reduce development risk, lower costs, and free their engineers from the difficult task of integrating multi-vendor networking components. NetSilicon is enabling device intelligence and connectivity in a broad range of industries, including telecommunications, building controls and security, office imaging, industrial automation, and retail point of sale. NetSilicon's solutions are paving the way for the device-centric networks of tomorrow. For additional company, product, or financial information, please visit the NetSilicon Website, www.netsilicon.com, or send an email to emea-sales@netsilicon.com, or call Tel. ++49-(0)89-901197-3. Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties. The forward-looking statements in this release are made pursuant to the 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. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Actual results may differ materially due to a variety of factors, including without limitation the company's ability to develop, produce, and market products that incorporate new technology on a timely basis, that are priced competitively and achieve significant market acceptance; higher expenses associated with the development and marketing of new products; changes in product mix; risks of dependence on third-party component suppliers; inventory risks due to shifts in market demand; the presence of competitors with broader product lines and greater financial resources; intellectual property rights and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; needs for liquidity; and the other risks detailed from time to time in the company's reports filed with the Securities and Exchange Commission. NetSilicon, NET+Works, and NET+OS are trademarks of NetSilicon, Inc. All other trademarks are the property of their respective owners. |
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