Spansion's Flash Memory to Be Pre-Validated With Select QUALCOMM Reference Design Platforms29 March 2006
Spansion Inc., (Nasdaq: SPSN), one of the world's largest providers of Flash memory solutions, today announced that its Flash memory solutions are in the process of being pre-validated for select reference design platforms from QUALCOMM Incorporated. (Logo: http://www.newscom.com/cgi-bin/prnh/20060118/SFW077LOGO ) Spansion expects validation efforts of MirrorBit(TM) NOR and ORNAND(TM) memory solutions to be completed in the second quarter of 2006. Following verification that the products are compatible, Spansion's solution will enable handset manufacturers to get phones to market faster, with the latest feature-rich multimedia capabilities that are designed to meet operator requirements for the complete range of phones. "Simplifying the design process for device manufacturers reduces time to market for new handsets," said Luis Pineda, senior vice president of marketing and product management at QUALCOMM CDMA Technologies. "Products such as MirrorBit ORNAND and NOR provide the data-storage capacity and performance capabilities required to support in-demand, next-generation mobile experiences." The selection of Flash memory is becoming a strategic decision that impacts the ability for the handset OEM to create differentiated phones to meet the growing demand for data, as well as to enable flexibility to address the full range of phone segments. Handset designers typically undertake the costly and time-consuming process of testing and validating memory products during the phone design process. "By collaborating with QUALCOMM, a leader in the wireless industry, Spansion can offer compatible memory solutions that help streamline the development process for handset designers," said Amir Mashkoori, executive vice president, Wireless Solutions Division, Spansion. "This allows OEMs to address the growing demands of advanced multimedia features in mainstream handsets and focus on creating innovative phones that can be brought to market in significantly less time." MirrorBit NOR memory solutions are currently undergoing validation for select chipsets from QUALCOMM's Value Platform, targeted primarily for cost-sensitive markets. MirrorBit ORNAND memory and software solutions are in the process of undergoing validation for future use with select QUALCOMM high-performance Mobile Station Modem chipsets to enable higher data rates for advanced multi-media and convergent phones. Spansion's MirrorBit NOR and ORNAND memory solutions deliver high-performance code execution and data storage with a single-platform approach. The scalable design allows for basic entry-level phones using only NOR devices, up to very high-end, fully featured phones that combine NOR and ORNAND devices, to address a wide range of applications and market segments. About Spansion Spansion is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in the wireless, automotive, networking and consumer electronics markets. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to developing, designing, and manufacturing Flash memory products and systems. For more information, visit http://www.spansion.com. Cautionary Statement This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that the forward-looking statements in this release involve risks and uncertainties that could cause actual results to differ materially from the company's current expectations. Risks that the company considers to be the important factors that could cause actual results to differ materially from those set forth in the forward-looking statements include the possibility that demand for the company's Flash memory products will be lower than currently expected; that OEMs will increasingly choose NAND-based Flash memory products over NOR- and ORNAND-based Flash memory products for their applications; that customer acceptance of MirrorBit technology will not continue to increase; that there will be a lack of customer acceptance of ORNAND-based Flash memory products; that competitors may introduce new memory technologies that may make the company's Flash memory products uncompetitive or obsolete; that the company may not achieve its current product and technology introduction or implementation schedules; and that the company will not be able to raise sufficient capital to enable it to establish leading-edge capacity to meet product demand and maintain market share. The company urges investors to review in detail the risks and uncertainties in the company's Securities and Exchange Commission filings, including the company's Registration Statement on Form S-1 (File No. 333- 124041). NOTE: Spansion, the Spansion logo, MirrorBit, ORNAND, and combinations thereof, are trademarks of Spansion LLC. QUALCOMM is a registered trademark of QUALCOMM Incorporated, and Mobile Station Modem is a trademark of QUALCOMM Incorporated. Other names used are for informational purposes only and may be trademarks of their respective owners.
Source: prnewswire
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