Printer Friendly

Spectrum Signal Processing Receives Orders From HP For VXI-Based DSP Systems.

BURNABY, British Columbia--(BUSINESS WIRE)--July 20, 1999--

Spectrum Signal Processing Inc. (Nasdaq:SSPI)(TSE:SSY) today announced that it has received follow-on production orders from Hewlett-Packard Company for VXI-based digital signal processing (DSP) systems. The orders stem from a 1997 design-win. Additional production orders were received from Hewlett-Packard (HP) earlier this year. Revenue associated with the orders was not disclosed.

HP uses Spectrum's product in a signals development system, which is used for digital radio and communications intelligence applications. The product is co-branded with both HP and Spectrum markings.

"Spectrum has been able to provide us with a high-quality, off-the-shelf DSP solution for our modular communications products and it has also supported us with its high-volume manufacturing capability," said Fred Cruger, research and development manager at HP's Measurement Solutions Division.

"HP is a key customer in our strategy to become the DSP systems partner of choice to major original equipment manufacturers (OEM) around the world. OEM customers need leading edge DSP technology, time-to-market advantage, less risk, and a reliable DSP systems partner dedicated to outstanding quality and customer service. By providing the products and services to meet these needs, Spectrum is able to develop long-term business relationships," said Barry Jinks, President and CEO, Spectrum Processing.

Spectrum Signal Processing is a world leader in DSP system solutions, and offers DSP software, off-the-shelf hardware, custom ASIC design and complete custom systems. The company is ISO9001 quality certified, and can be found on the web at Spectrum is located at No. 100 - 8525 Baxter Place, Burnaby, B.C., Canada. ph (604) 421-5422; fax (604) 421-1764.

Any statements made by the company that are not historical facts are forward-looking statements that are pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, including the timely development and acceptance of new products, the impact of competitive products and pricing, changing market conditions and the other risks detailed in the company's prospectus and from time to time in other filings. Actual results may differ materially from those projected. These forward-looking statements represent the company's judgment as of the date of this release. The company may or may not update these forward-looking statements in the future.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Jul 20, 1999
Previous Article:Discovery Channel Expedition Recovers Liberty Bell 7 Space Capsule.
Next Article:UniTransact Signs Binding Contractual Agreement to Purchase Parasun Internet Services Provider, Inc.

Related Articles
HP's Digitizer and Source Modules Bring New Capability to VXI Systems.
Spectrum Signal Processing Selected As Preferred 'C6x Vendor For Ongoing Program At U.S. Department Of Defense.
Spectrum Signal Processing Wins U.S.$ 1.7 Million Digital Radio Contract at U.S. Department of Defense.
Spectrum Signal Processing Receives US$ 1.4 Million in Follow-On Orders for Digital Radio Products.
Siemens Medical Systems Renews Contract With Spectrum Signal Processing, Spectrum Receives Order for US$ 1.8 Million.
Spectrum Signal Processing Releases High Capacity flexComm HCDR-VME Software Defined Radio Subsystem.
Spectrum Signal Processing and Xilinx Team to Showcase flexComm HCDR, the Highest Performance Software Defined Radio Platform on the Market.
VXI introduces enhanced TuffSet USB headset connection cord with digital signal processing.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters