SST and Freescale Semiconductor Sign Embedded Flash Licensing Agreement14 February 2006
SST (Silicon Storage Technology, Inc., Nasdaq: SSTI), a leader in flash memory technology, today announced it has expanded its licensing agreement with Freescale Semiconductor to include SST's 180nm embedded SuperFlash technology. The agreement underscores the success of SST's high-reliability, high-performance SuperFlash technology and helps Freescale customers seamlessly migrate to next generation flash-based microcontrollers.
"SST's 180nm SuperFlash technology is helping us to migrate our 0.25um HCS12 family of microcontrollers to the next geometry 0.18um process," said Mike McCourt, vice president and general manager of Freescale's microcontroller business. "This allows us to continue serving our customers' needs for higher and higher performance with next generation HCS12 microcontrollers while maintaining compatibility with previous generations. SST's SuperFlash technology provides us with a low-power, high-reliability embedded flash solution that is helping us strengthen our position as the number one 16-bit architecture in the automotive market."
"We are pleased to be able to continue our relationship with Freescale by providing it with advanced generations of our embedded flash technology," said Bing Yeh, president and CEO of SST. "Today's agreement underscores SST's SuperFlash as a leading embedded flash technology available today for the microcontroller market."
Over the course of their partnership, Freescale has been a licensee of SST's 0.50um and 0.25um before migrating to 0.18um SuperFlash technology. The split-gate cell design and thick-oxide tunneling injection provide high reliability and robust manufacturability, and Freescale is using the SuperFlash technology to create products that are a key part of its portfolio of flash-based embedded microcontrollers.
About Silicon Storage Technology, Inc.
Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of memory and non-memory products for high volume applications in the digital consumer, networking, wireless communications and Internet computing markets. Leveraging its proprietary, patented SuperFlash technology, SST is a leading provider of nonvolatile memory solutions with product families that include various densities of high functionality flash memory components and flash mass storage products. The Company also offers its SuperFlash technology for embedded applications through its broad network of world-class manufacturing partners and technology licensees, including TSMC, which offers it under its trademark Emb-FLASH. SST's non-memory products include NAND controllers, smart card ICs, flash microcontrollers and radio frequency ICs and modules. Further information on SST can be found on the company's Web site at http://www.sst.com .
Forward-Looking Statements
Except for the historical information contained herein, this news release contains forward-looking statements regarding flash memory and non-memory market conditions, the company's future financial performance, the performance of new products and SST's ability to bring new products to market that involve risks and uncertainties. These risks may include timely development, acceptance and pricing of new products, the terms and conditions associated with licensees' royalty payments, the impact of competitive products and pricing, and general economic conditions as they affect SST's customers, as well as other risks detailed from time to time in the SST's SEC reports, including the Annual Report on Form 10-K for the year ended December 31, 2004 and on Form 10-Q for the quarters ended March 31, June 30, and September 30, 2005. These forward-looking statements are based on current expectations and SST assumes no obligation to update them.
For more information about SST and the company's comprehensive list of product offerings, please call 1-888/SST-CHIP. Information can also be requested via email to literature@sst.com or through SST's Web site at http://www.sst.com . SST's head office is located at 1171 Sonora Court, Sunnyvale, Calif.; telephone: 408-735-9110; fax: 408-735-9036.
NOTE: The SST logo and SuperFlash are registered trademarks of Silicon Storage Technology, Inc. Emb-FLASH is a trademark of TSMC. All other trademarks or registered trademarks are the property of their respective holders.
Sohrab Kianian
Vice President, Technology
Licensing & Business Development
Silicon Storage Technology, Inc.
408-735-9110
Licensing(at)sst.com
Steve Gabriel
Porter Novelli
408-369-4627
steve.gabriel@porternovelli.com
Source: prnewswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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