Magnolia Broadband and Uniquest sign key distribution agreement
Magnolia Begins Commercial Deployment by Establishing Relationship with the Leading Semiconductor Solutions Provider to Distribute and Service DiversityPlusÔ Antenna Diversity Technology in the Korean OEM Market
SEOUL and CLINTON, N.J. – (12th November 2004) – Uniquest (KOSPI Code : 077500), a leading Korean semiconductor distributor, and Magnolia Broadband, Inc., a fabless semiconductor company and innovator of antenna diversity radio frequency (RF) solutions for the wireless industry, jointly announced today that the companies have signed a major distribution agreement. The pact authorizes Uniquest to sell, distribute, and service Magnolia’s diversity handset chipsets to original equipment manufacturers in the Korean market.
This agreement builds on last month’s news about the partnership between Magnolia Broadband and SK Telecom (“SK Telecom and Magnolia Broadband Sign a Broad Strategic Alliance Agreement”) and supports the execution of these plans by using Uniquest as the distribution partner. These developments illustrate the momentum that Magnolia Broadband is achieving in its efforts to introduce, market and support its DiversityPlus handset chipset solution in the leading Korean market.
“We are very excited to represent Magnolia Broadband in the Korean marketplace and are confident that our strong presence and expertise in the region will help the company in its efforts to deploy its handset diversity technology with major handset OEM’s,” said Charles Lim, President and CEO of Uniquest. “We feel strongly that Magnolia’s unique receive and transmit diversity antenna solution is ideally positioned for success in Korea’s demanding telecom marketplace.” “Korea and its service providers and handset manufacturers are global players in the wireless industry,” said Larry Wasylin, Magnolia’s vice president of sales.“ Uniquest can provide Magnolia with the support and the market knowledge necessary to broadly deploy our DiversityPlus technology in Korea, as well as other international markets. This is a strong endorsement of our technology coming from a leading distribution player and we are very pleased to have Uniquest on board.”
DiversityPlus is a family of RF chipset products designed around Magnolia’s unique algorithms for CDMA mobile terminals. By combining transmit and receive RF signals from two antennae in a unique way, wireless operators can double their network capacity and significantly improve coverage and data rates to the individual subscriber, without the need for additional cell phone towers and infrastructure.
Some other key benefits of Diversity Plus Chipset are the elimination of cellphone “dead zones”, increased cell phone battery life and substantially lower power emissions.
About Uniquest Corporation
Established in 1993, Uniquest Corporation is a leading-edge semiconductor solutions provider in Korea. Focused on creating demands and providing innovative solutions to the market, the current line cards include Altera, IDT, Intel, Silicon Laboratories and others. Uniquest has three divisions of sales addressing Wireless, Communications and Digital Consumer market -UNIQUEST I&C, INFINITEK and TEKCLIPS. For more information about Uniquest, please visit Uniquest website at www.uniquest.co.kr.
About Magnolia Broadband
Magnolia is an innovative developer of semiconductors for the wireless industry and the first company to provide diversity antenna technology using unique RF chipset products that incorporate both transmit and receive diversity. By using a unique RF (Radio Frequency) chipset product and algorithm, it incorporates a novel way of combing RF signals from two antennae for both transmit and receive signals in the mobile terminal, enabling carriers to serve twice as many subscribers within the same wireless infrastructure while boosting phone coverage, data rates and battery performance. Carriers and consumers also benefit from more reliable connections, improved quality of service while having small impact on cost.
Leading CDMA carriers and mobile terminal manufacturers have tested Magnolia’s technology. Since its inception in 2001, Magnolia has raised $28.5 million in capital from notable investors like Draper Fisher Jurvetson Gotham, ECentury Capital Partners, SCP Private Equity Partners, Selway Partners and Silverstar Holdings. Magnolia has filed numerous patents related to its core technology and partnered with semiconductor industry notables such as Jazz Semiconductor, and Amkor Technology. For more information, go to www.magnoliabroadband.com.
Magnolia Contact information
Director of Accounts
Fusion Public Relations
570 Seventh Avenue
New York, NY 10018
John H. Moon
SVP Corporate Development
Magnolia Broadband, Inc.
64 Old Highway 22
Clinton, NJ 08809
(908) 735-0372 ext. 202
Uniquest Contact Information
Technical Marketing / Sr. Manager
Field Application Engineer
Uniquest signed a deal with Enpirion on high integration power chips for mobile devices
Uniquest, a leading semiconductor solutions provider [KOSPI code: 077500], announced on October 27, 2004, that it signed a deal with U.S. power management IC manufacturer, Enpirion on the sales of Enpirion products in Korea and technical supports that follow. In line with its market diversion strategy, Uniquest plans to make a stella debut into the domestic mobile power IC market in 2005 after reviewing the technology in its research center by the end of 2004. This deal is quite significant because it makes possible that Uniquest can expand its market by adding a power-related application to its mobile-based applications designed for such products as RF and mobile processor.
The new application integrates each PWM, power management, controller, Power FET and Magnetic Component on the same chip, reducing occupying volume by 70% and number of parts by 60%. Moreover, this high integration can cut down on by-produced heat while increasing the efficiency of battery and thus can realize 90% or higher total efficiency manitanance. Therefore, it is particulary suitable for miniaturization applications targeted to devices with various internal power sources such as mobile phone, PDA and PMP. This technology is acknowledged as a timely solution at a time when size reduction of PCB is becoming a must due to the trendy adoption of multimedia functions to almost all battery-based, hand-held devices.
The chips for laptop computers have already been producing with the integration technology in the fourth quarter this year and the sample is available now. Samples for cell phones are expected to be available from the first quarter of 2005 while the full-fledged production will be geared up in the second quarter of 2005. A company offical said Uniquest estimated an annual sales volume of 2,000 ~ 3,000 dollars from the outset of earnest production.
A Director of Technical Marketing at Uniquest, Kim Tae-wook said \"Starting from early next year, we will launch full-swing promotion and solution design especially for mid- and high-end cell phone markets. If proven successful, it will be further marketed for PMPs, laptops, set-top box and more.\"
Founded in November, 2001, Enpirion was selected in 2003 as one of the most promising venture companies in semiconductor industry by Micro Venture Investment Fund. Enpirion provides the smallest, fastest and most powerful power conversion solutions. Among major products are iPOWER™, miPOWER™ and complete DC-to-DC converters which are installed to a server, laptop computer, laser printer, set-top box and other data communication equipment depending on application. miPOWER™, in particular, is designed to manage power in mobile devices and is expected to hit the market later this year.
Uniquest to supply TelASIC’s Analog/Mixed-signal IC Solution
A leading-edge non-memory semiconductor solutions provider, Uniquest [KOSPI Code: 077500], publicized on October 20, 2004, that one of its business units, Infinitek, has successfully taken charge of domestic sales and marketing of analog and mixed-signal IC solutions since July this year when it signed an exclusive deal on the solution with industry-leading TelASIC Communications.
Given that many Korean companies dealing with power amplifier and system have sought for power amplifiers with improved efficiency, Uniquest expects to see growing demands for digital power amplifiers in Korea. Armed with solutions for Analog-to-Digital Converter (ADC), Digital-Analog Converter (DAC), Digital Pre-Distortion (DPD) and Crest Factor Reduction (CFR), Infinitek says that it will make the best use of its resources for technology sales, technical support, and specialized design to meet various market demands.
DPD and CFR are groundbreaking innovations that can raise power amplifier efficiency by 25% or more when combined with the TelASIC solution, leaving other competitors at least 10% behind. Therefore, many competitors take the solution into earnest consideration.
TelASIC Vice President of Marketing Ashis Khan reveals, “We are truly pleased about the partnership with Uniquest, because Iinfintek, one of Uniquest’s business units, is equipped with various resources and remarkable capabilities for technology sales. We believe we can establish a beachhead on Korea’s power amplifier market by supplying our technology like this.”
President of Infinitek, Kim Hyun Sik states, \"We will keep promoting the solution through close, technical cooperation with domestic system/power amplifier companies. With the help from TelASIC’s RF technology, which has already been proven excellent, we are going to expand our presence in the next-generation technology market.”
TelASIC Communications is a venture-funded, analog and mixed-signal IC company offering the world\'s highest-performance analog-to-digital converter (ADC) and digital-to-analog converter (DAC) chips available today. The company is also delivering today the world\'s most power efficient and cost effective solution for single and multi-carrier cellular Base Transceiver Stations (BTS) covering a wide range of protocols such as W-CDMA, CDMA2K, GSM, GPRS, EDGE, and WiMAX. These solutions include complete RF-to-baseband chips and include cost-effective radio frequency (RF), analog mixed signal, and digital IC’s. A complete chip set is available today to design a highly power-efficient and cost-effective Radio Unit.
Uniquest (CEO Charles Lim, www.uniquest.co.kr), a semiconductor solution provider of Korea, said on October 5 that it had developed a new integrated programmable logic device (PLD) platform (Model (interim): Storm-PLD) that can replace hardware micro controller unit (MCU) in PLDs with software MCU, while consolidating various I/O functions.
‘Storm-PLD’ platform of Uniquest is the first solution developed in its new product development procedure (NPDP) system it installed to provide high performance products to customers as part of its strategy for helping them address changes in market more efficiently.
By using it with field programmable gate array (FPGA) device as well as solutions of its major business partners, including IDT, SMSC, Intel, Pulse and Power-One, the new PLD platform of Uniquest enables to maximize synergy with these solutions in its performance, according to the company.
With its high performance analog-to-digital/digital-to-analog (AD/DA) technology, it can be widely used for developing digital signal processor-installed wire-wireless communication equipment, digital multimedia gears and industrial systems. Consisting of a number of modules with different functions, the new PLD platform can meet diversified demand of customers.
‘Storm-PLD’ also can test and verify a variety of applications with high flexibility, and it can be easily adopted in new equipment. Incorporating various functions into one board, the new PLD platform can evaluate functions comprehensively, while securing various IP solutions after development of the equipment, provided by FPGA device.
While seeking partnership relations with leading overseas vendors for export of its ‘Storm-PLD’ platform, Uniquest plans to aggressively promote its sales at home along with Nios of Altera, one of its core elements, and solutions of IDT, SMSC, Intel, Pulse and Power-One.
For further details of its specifications and structure of board, please refer to Web site of Uniquest (www.uniquest.co.kr).
Uniquest signs Distribution Agreement with Passave Technology
Korea, August 31, 2004 – Uniquest, (http://www.uniquest.co.kr, CEO Charles Lim), a leading- edge semiconductor solutions provider, has signed a distribution agreement with Passavé Inc. (http://www.passave.com, CEO Viktor Vaisleib), the leading provider of semiconductors for Fiber to the Home (FTTH) systems. Infinitek, a sales division of Uniquest focusing on communications and networking, will market and support Passavé’s family of EPON semiconductors in Korea.
With demand for next-generation optical access networks growing in Korea, Infinitek will be well positioned to offer cost-effective, Gigabit Ethernet EPON-based service to early adopters. Infinitek will also be positioned to leverage its sales, applications, and design centre expertise in support of its extensive base of networking OEMs seeking EPON-based technologies.
Japan already has more than 1 million FTTH subscribers, and both of the network equipment vendors chosen by giant carrier NTT for its 2004 deployments use Passavé chips. Meanwhile, Fiber to the Home (FTTH) service is expected to become commercially available in Korea by the second half of 2005.
\"We are pleased to partner with Infinitek and to leverage their extensive technology depth, market reach, and resources,” said Dror Sal’ee, VP of Marketing for Passavé. “As the leading global vendor in EPON for FTTH networks, Passavé partners with innovators that can help us expedite delivery of our technology into emerging market segments. Infinitek is such a firm.”
\"Infinitek will promote Passavé’s solution aggressively in technical cooperation with the local high-speed communication equipment companies, including KT,” said HS Kim, president of Infinitek. “Moreover, we will continue our development of next-generation technology for the fiber access market, leveraging Passavé’s field-proven EPON technology.\"
About Passavé, Inc.
Passavé Inc. is a fabless system-on-chip vendor offering integrated solutions for broadband fiber access. Passavé delivers complete, standard-compliant and interoperable solutions for Ethernet passive optical networks (EPONs) that expedite the OEM design process and dramatically reduce product cost. Leveraging Ethernet and IP technologies, Passavé offers complete chipsets for fiber-to-the-home (FTTH) systems. Founded in 2001, Passavé has received strategic backing from leading venture capital firms and private investors. For more information about Passavé, visit www.passave.com.
Uniquest to distribute Fiber Optic Solutions from Finisar
August 20, 2004, Uniquest (CEO Charles Lim, www.uniquest.co.kr) today announced that Infinitek, a sales division of Uniquest in charge of telecommunications and networks, has entered into an agreement to distribute fiber optic solutions from Finisar Corporation (www.finisar.com) in Korea. Finisar, headquartered in Sunnyvale, CA, USA is a technology leader in gigabit fiber optic solutions for high-speed data and telecommunication networks. This affiliation was formed to respond to the increased demand for fiber optic transceivers in Korea.
Infinitek will represent Finisar’s comprehensive line of fiber optic transceivers in SFF, SFP, GBIC, 1x9 and XFP form factors. Finisar’s focus on innovative technology has been instrumental in developing one of the broadest lines of optical transceivers in the industry. The transceiver lines are compliant with all Gigabit Ethernet, Fibre Channel and SONET/SDH standards and operate at data rates up to 10 Gb/s and reach distances up to 100+ km. Finisar’s XFP, SFP, 2x6 and 2x10 SFF and selected GBIC transceivers feature digital diagnostics.
Finisar Corporation (NASDAQ: FNSR) is a technology leader for fiber optic subsystems and network test and monitoring systems. These products enable high-speed data communications for networking and storage applications over Gigabit Ethernet Local Area Networks (LANs), Fibre Channel Storage Area Networks (SANs), and Metropolitan Area Networks (MANs) using Fibre Channel, IP and SONET/SDH protocols. The Company\'s headquarters is in Sunnyvale, California, USA. www.finisar.com.
TranSwitch signs Distribution Agreement with infinitek, a division of Uniquest
(July 1st, 2004 ) – TranSwitch Semiconductor(NASDAQ:TXCC) today announced Infinitek, headquartered in Seoul, will represent Transwitch Semiconductor in Korea. Infinitek will market and sell the Transwitch’s solution, including SONET Framer, TDM and Data mapper over Sonet, TDM over IP, high speed Cross-connect and Carrier Class Ethernet Switch controllers and aggregators.
\"We are excited to partner with Infinitek and make our connectivity solution available to their wide customer base. Infinitek sales, applications engineer and design center resources allow us to provide the best customer support, which is part of the Transwitch strategy” explained Robert Fogliani, Vice President of Sales Asia Pacific.
HS Kim, President of Infinitek division, commented, “Infinitek, division in charge of communications and networks market at Uniquest, will promote the Transwitch Solution through the aggressive sales & marketing activities and technical cooperation with the local Telecommunication and Data Communication equipment companies. Along with the Ethernet mapper family, we are going to bring Transwitch Carrier Class Ethernet Switch controllers and aggregators to the next generation network switch market.\"
About TranSwitch Corporation
TranSwitch Corporation, headquartered in Shelton, Connecticut, is a leading developer and global supplier of innovative high-speed VLSI semiconductor solutions -- Connectivity Engines(TM) -- to original equipment manufacturers who serve three end-markets: the Worldwide Public Network Infrastructure, the Internet infrastructure, and corporate Wide Area Networks (WANs). Combining its in-depth understanding of applicable global communication standards and its world-class expertise in semiconductor design, TranSwitch Corporation implements communications standards in VLSI solutions, which deliver high levels of performance. Committed to providing high-quality products and service, TranSwitch Corporation, Shelton, CT is an ISO 9001:2000 registered company. Detailed information on TranSwitch products, news announcements, seminars, service and support is available on TranSwitch\'s home page at the World Wide Web site -- http://www.transwitch.com
About Infinitek division
Infinitek is a sales division of Uniquest specializing in demand creation, customer service and technical support for telecommunications and networking system market. Infinitek offers leading-edge and advanced semiconductor solutions to the market with worldwide leading communications and networking semiconductor suppliers. Main solutions are PLDs, communication ICs(VDSL, IPv6 and FTTH), power modules and communication magnetic devices and others.
About Uniquest Corporation
Established in 1993, Uniquest is a leading-edge solutions provider in Korea. Focused on creating demands and providing innovative solutions to the market, the current line cards include Altera, IDT, Intel, Silicon Labs and others. Uniquest has three divisions of sales addressing Wireless, Communications and Digital Consumer market. For more information about Uniquest, please visit our website at http://www.uniquest.co.kr.
Uniquest undertakes 40 percent of the shares of Cytech Technology.
June 7, 2004, Uniquest Corporation (CEO Charles Lim, http://www.uniquest.co.kr), a leading semiconductor solutions provider in Korea, has announced that it has undertaken 40% of the shares of Cytech Technology Ltd (CEO Johnny Chan http://www.cytecht.com) ), a leading semiconductor solutions marketing company in Hong Kong.
Uniquest decided to expand its business into China by engaging in marketing and sales activities with Cytech Technology in Hong Kong and China through this investment.
Cytech Technology is a fast-growing semiconductor solutions company in the Hong Kong and China market, and it is the third ranked company among top 10 international electronic component distributors in China according to EBN-China 2003 electronic component distributor survey. Sales were $65 Million(US) in 2002 and $84 Million(US) in 2003.
The primary reason for this acquisition is to provide the innovative technology of Uniquest and its solutions from various suppliers, maximize its profits and to raise the sales activities in the China market through Cytech. Cytech has already started the marketing activities in the China market, and Uniquest expects to gain an upper hand in the China market over other foreign companies by this investment.
Charles Lim, CEO of Uniquest, said that \"this investment will be a milestone to develop the China market in the future and we will keep discussing the additional undertaking of shares\". He also said \"We will positively support the local semiconductor companies who seek any business opportunities in China as well as the existing solution partners.\"
About Cytech Technology Ltd.
Established in 1998 in Hong Kong, Cytech Technology has been growing rapidly as a leading semiconductor distributor in both China and Hong Kong. Cytech Technology is now operating sales offices and technical support centers in 9 different territories in China with approx. 110 employees. Its major products are semiconductor solutions for telecommunications and consumer market. Line cards include Altera, IDT, Linear Technology, Centillium Communications, Halo, Micron, Sigmatel, and WP.
Uniquest and SMSC built up new business relationship.
May 13, 2004, Uniquest(CEO Charles www.uniquest.co.kr), a local IT solution provider, today announced that Uniquest has signed a distribution agreement with SMSC-Standard Microsystems Corporation(www.smsc.com CEO Steven J. Bilodeau), the world’s leading provider of Real World Connectivity™ solutions.
SMSC delivers products that solve the challenges of space, cost and time-to-market for high-speed computing, connectivity and embedded networking applications. Also, SMSC addresses computing, communications and consumer electronics markets through world-leading positions in Input/Output and non-PCI Ethernet products ; innovations in USB 2.0 and other high-speed serial solutions; and integrated networking products employed in a broad range of applications.
SMSC is uniquely positioned to provide full USB solutions that include silicon, firmware, software drivers and reference designs. In addition to mixed signal design and software support for Hi-Speed USB, SMSC enable new solutions with low power and use of cost effective silicon process nodes. The products of SMSC serve the USB mass storage, hub and transceiver markets.
In the meantime, SMSC’s line of Ethernet products has Ethernet controller and PHY. Ethernet controller is particularly well suited to embedded applications where additional costs can be saved by not requiring a PCI bus.
Park Myung-Jong, the president of Tekclips division said “Tekclips division in charge of digital consumer market at Uniquest, will specifically promote SMSC line and based on advanced technical support and already-proven technology business ability of Uniquest, we will take an active part in finding digital consumer market, including computing, communications and consumer electronics markets that which are the main markets of SMSC\".
SMSC is the world\''s leading provider of Advanced Input/Output (I/O) hardware and software solutions ranging from legacy PC I/O to leading-edge system management functionality. Through high-speed serial interfaces, including USB 2.0 and embedded Ethernet, SMSC delivers faster and higher-bandwidth peripheral connections for a wide range of products such as memory card readers, mass storage devices, digital cameras and keyboards and enables innovative high-speed networking functionality for consumer electronics, set-top boxes, printers and copiers, wireless routers, gaming machines, security and surveillance systems, car navigation systems, and more. SMSC is based in Hauppauge, New York with operations in North America, Taiwan, Japan, Korea, China and Europe. Engineering design centers are located in Arizona, New York and Texas.
Uniquest signed on Greenfield Networks, a leading merchant silicon supplier of Ethernet switching solutions
April 7, 2004, Uniquest have signed a distribution agreement with Greenfield Networks, a leading merchant silicon supplier of Ethernet switching solutions and started the sales and marketing activities in earnest to develop the next generation network switch/router market in Korea.
The Packetry switching family of Greenfield Networks provides configurable packet processing and traffic management silicon solutions with software API for high- performance, feature-rich, and cost-effective switching applications. The Packetry is ideally suited for developing highly scalable and economical edge and core chassis systems. The Packetry chipset is also targeted for Enterprise and Metro fixed configuration switches.
In addition, the Packetry switching family provides an unique architecture for scaling chassis performance from edge to core. It is the only merchant silicon chipset in the industry to enable ultra low cost line cards for desktop connectivity, and high performance line cards for data center and core applications.
We will promote the business through the aggressive publicity activities and technical cooperation for the local network switching/router equipment companies and expect that the business will be settled by providing the Greenfield networks’ solutions to the next generation switch/router equipments that would be applied to IPv6 and Portable Internet Service on 2005.
Greenfield Networks, Inc. (http://www.greenfieldnetworks.com)
Greenfield Networks is a fabless semiconductor company with a mission to be the leading merchant silicon supplier of Ethernet switching solutions for chassis & high-end fixed systems, targeting Enterprise and MAN applications. Building on its founding team’s outstanding track record for developing ASICs, software, and network systems in Cisco, Greenfield Networks has successfully introduced a family of configurable packet processing solutions that support market-leading features, including IPv6, MPLS, Layer 2/3 VPN, with industry’s lowest price per Gigabit port.