Toppan Photomasks and Cypress Semiconductor Corp. Sign Advanced Technology Development and Supply Agreements.ROUND ROCK, Texas & SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif. -- Toppan Photomasks, Inc. and Cypress Semiconductor Cypress Semiconductor is a semiconductor design and manufacturing company. It began operations in 1982 and listed publicly in 1986. Two years later, the company shifted over to the New York Stock Exchange under the symbol, (NYSE: CY). Corp. (NYSE NYSE See: New York Stock Exchange :CY) today announced an agreement to jointly develop advanced photomask technologies supporting the production of high-performance 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. at 65nm design rules and below. The companies also have entered into a separate three-year supply agreement in which Cypress has named Toppan Photomasks its strategic supplier of commercial photomasks. As part of this supply agreement, Toppan Photomasks will supply Cypress with a majority of its photomask requirements for commercial production during the next three years. Both the joint development project (JDP JDP Joint Development Program JDP J D Power & Associates JDP Paris, France - Issy Les Moulineaux (Airport Code) JDP Joint Defensive Planner JDP Junior Development Programme JDP Joint Development Plan JDP Jump-Diffusion Process ) and the strategic supplier agreement are extensions of pacts the two companies signed in 2002. "Building on our existing JDP with a leading global device manufacturer like Cypress underscores the value these partnerships have in improving yields and accelerating technology," said Jim Northup, 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. , Toppan Photomasks. "Moreover, continuing our primary-supplier agreement with Cypress confirms Toppan Photomasks' leadership in providing our customers throughout the world with the technology to overcome barriers of deep submicron design rules." Cypress produces high-performance integrated circuits for a variety of markets including consumer and computation, mobile handsets, network infrastructure, solar energy solar energy, any form of energy radiated by the sun, including light, radio waves, and X rays, although the term usually refers to the visible light of the sun. and automotive. The company's industry-leading products include USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. controllers, CMOS image sensors, timing technology solutions, Programmable System-on-Chip (PSoC(TM)) mixed-signal arrays, WirelessUSB(TM) radio-system-on-a-chip devices, synchronous, fast and MicroPower static RAMs, high-efficiency silicon solar cells and modules and optoelectronic devices for high-performance printing and displays. "Advanced photomasks are crucial to the development and timely delivery of technologies required by our customers throughout the world," said Shahin Sharifzadeh, executive vice president of manufacturing and fab administration at Cypress. "The successes of our existing JDP with Toppan Photomasks in tailoring sophisticated, cost-effective microimaging solutions has enabled Cypress to achieve our technology roadmap goals, and we look forward to even better results in the years ahead." The agreement extension with Cypress is among Toppan's growing list of advanced development collaborations with leading semiconductor manufacturers for customized photomask technology. In addition to Cypress, Toppan maintains collaborations with AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. and Infineon Technologies, among others. About Cypress Cypress solutions are at the heart of any system that is built to perform: consumer, computation, data communications, automotive, industrial, and solar power. Leveraging a strong commitment to customer service and performance-based process and manufacturing expertise, Cypress's product portfolio includes a broad selection of wired and wireless USB devices, CMOS image sensors, timing solutions, network search engines, specialty memories, high-bandwidth synchronous and micropower memory products, optical solutions, and reconfigurable mixed-signal arrays. Cypress stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors CY. More information about the company is available online at www.cypress.com. About Toppan Photomasks Toppan Photomasks, Inc. is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Toppan Printing Co., Ltd., a diversified global company with revenue in excess of $13 billion in fiscal 2005. Together with the photomasks business of Toppan Printing, the company forms the world's premier photomask provider. Utilizing operations within the industry's most advanced and largest network of manufacturing facilities, Toppan Photomasks offers a comprehensive range of photomask technologies and research and development capabilities to meet the increasingly sophisticated and divergent product-and-service requirements of the global semiconductor industry. Toppan Photomasks is headquartered in Round Rock, Texas. For more information visit www.photomask.com. About Toppan Printing Founded in 1900, Toppan Printing has branched into seven diverse business fields including security cards, commercial printing, publications printing, e-business, packaging, electronics and optronics. In the fiscal year ended March 31, 2005, Toppan posted revenues of 1,413.6 Yen billion (approximately US$13.5 billion) and ended the year with approximately 32,700 employees. For more information visit www.toppan.co.jp. |
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