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14.03.2005 13:02:00
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Catalyst Semiconductor, Inc. and TAOS, Inc. Announce Agreement to Join
Catalyst Semiconductor, Inc. and TAOS, Inc. Announce Agreement to Jointly Promote System Solutions for Global Solid-State Illumination Market
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SUNNYVALE, Calif. & PLANO, Texas--(BUSINESS WIRE)--March 14, 2005--Catalyst Semiconductor, Inc. (NASDAQ:CATS) and Texas Advanced Optoelectronic Solutions(R), Inc. (TAOS) announced today that they have signed a non-exclusive agreement to jointly promote each others' products in the systems solutions they offer to their global Solid-State Illumination (SSI) customers.
Catalyst Semiconductor, founded in 1985, designs and manufactures a growing family of dedicated circuits for LED backlights, LCD displays and automotive/aircraft interior lighting. These circuits include white LED drivers, GPI/O expanders, and digitally programmable potentiometers (DPP (TM)). To effectively meet the system requirements of SSI, ambient light sensing (ALS) must be incorporated.
TAOS, founded in 1998 and formerly the Texas Instruments optoelectronic business unit, designs and markets a broad range of light sensor product families including color sensors, light-to-frequency converters and ambient light sensors. The state-of-the-art TSL2561 Light-to-Digital Converter helps simplify ambient light sensing implementation in applications ranging from display panel products such as LCD monitors, flat-panel televisions and cell phones as well as digital cameras, street light control, security lighting, sunlight harvesting and machine vision. The TSL2561 provides an I2C output in a chip scale package. In 2002, TAOS was the first company to offer an ambient light sensor with a bus output, eliminating 2-4 external components normally required for output signal conditioning.
"Catalyst will incorporate the impressive performance of the TAOS TSL2561 Light-to-Digital Converter into its future application notes, evaluation boards and reference designs," said Barry Wiley, Catalyst Vice President, Mixed Signal and Analog Marketing. "In this way, Catalyst engineers can provide more complete cost-effective solutions in a variety of SSI applications. Working closely with TAOS engineering and marketing personnel helps ensure that Catalyst will continue to be knowledgeable regarding the ongoing development of light sensing technology. Further, TAOS and Catalyst share a major distribution channel, Future Electronics, which facilitates their cooperation at the customer interface."
"We are looking forward to this opportunity to work with Catalyst to jointly promote our products into the very exciting solid-state illumination market," said Carlo Strippoli, TAOS Vice President of Marketing & Sales. "Catalyst has aggressively entered into this market by developing an impressive portfolio of products that play synergistically with our TSL2561 Light-to-Digital Converter as well as other devices in our Intelligent Opto-Sensor product lines. Moreover, in 2003, TAOS identified four specific markets -- automotive, consumer, industrial and medical -- as offering the best growth potential for optoelectronic sensor solutions. We believe this joint promotional agreement will help TAOS realize the fulfillment of this long-term strategy much more quickly."
SSI was originally intended for use in indicator lights only. However, recent advances in light emitting diode (LED) and organic light emitting diode (OLED) technology is enabling SSI to replace conventional lighting in traffic lights, mobile phones, digital still cameras, LCD backlights, signage and other niche applications. The U.S. Department of Energy (DOE) projects that the use of SSI technology will help decrease energy consumption for lighting by 29% by 2025. The DOE also projects that SSI market revenues will be as much as $10 billion within the same time period.
About Catalyst Semiconductor, Inc.
Founded in 1985, Catalyst Semiconductor, Inc. is headquartered in Sunnyvale, California. The Company is a leading supplier of high performance analog/mixed-signal solutions and nonvolatile memory products used in automotive, aircraft, telecommunications, computation, industrial and consumer markets. The Company designs and markets a broad range of analog/mixed-signal products such as White LED Drivers, DC-DC Converters, GPI/O Expanders, Digitally Programmable Potentiometers (DPP(TM)), Microcontroller Supervisory circuits and other analog/mixed-signal products. Programmable products include Serial and Parallel EEPROMs with I2C, SPI and Microwire interfaces, as well as NVRAM and low density Flash Memories. Typical applications include LCD displays, digital cameras, cell phones, automotive instrumentation, modems, wireless LANs, network cards, DIMM modules, digital satellite box receivers, set-top boxes and Internet routers. Catalyst's Quality Management System is ISO 9001:2000 certified. For additional information about Catalyst Semiconductor, visit our website at: www.catalyst-semiconductor.com.
Forward Looking Statements
Certain statements in this press release, including statements regarding Catalyst's future use of TAOS products, are forward-looking statements that are subject to risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Factors that could affect actual results include, without limitation, declining market demand for products incorporating Catalyst's and TAOS' technology; the price and availability of TAOS products; and potential defects, design flaws or other problems with Catalyst's or TAOS' products. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained under the heading "Certain Factors that May Affect the Company's Future Results of Operations" listed from time-to-time in Catalyst's SEC reports including, but not limited to, the annual report on Form 10-K for the year ended April 30, 2004 and subsequent quarterly reports on Form 10-Q. Catalyst disclaims any obligation to update information contained in any forward looking statements.
About TAOS, Inc. (Texas Advanced Optoelectronic Solutions, Inc.)
Texas Advanced Optoelectronic Solutions (TAOS), Inc. is based in Plano, Texas. Established in 1998, the company develops, manufacturers and markets leadership integrated optoelectronic products. These devices combine precision mixed-signal functionality and photo-detectors on the same integrated circuit to produce advanced products with performance and cost advantages over conventional solutions. TAOS optoelectronics products include:
More information can be found at http://www.taosinc.com or by phone at 972-673-0759.
Trademarks
DPP is a trademark of Catalyst Semiconductor, Inc. I2C is a registered trademark of Philips Corporation. SPI is a trademark of Motorola, Inc. Microwire is a trademark of National Semiconductor Corporation. Texas Advanced Optoelectronic Solutions is a registered trademark of Texas Advanced Optoelectronic Solutions, Inc. (TAOS) of Plano, TX.
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Photo Desks/Business Editors/High-Tech Editors
MULTIMEDIA AVAILABLE:
http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4841573
SUNNYVALE, Calif. & PLANO, Texas--(BUSINESS WIRE)--March 14, 2005--Catalyst Semiconductor, Inc. (NASDAQ:CATS) and Texas Advanced Optoelectronic Solutions(R), Inc. (TAOS) announced today that they have signed a non-exclusive agreement to jointly promote each others' products in the systems solutions they offer to their global Solid-State Illumination (SSI) customers.
Catalyst Semiconductor, founded in 1985, designs and manufactures a growing family of dedicated circuits for LED backlights, LCD displays and automotive/aircraft interior lighting. These circuits include white LED drivers, GPI/O expanders, and digitally programmable potentiometers (DPP (TM)). To effectively meet the system requirements of SSI, ambient light sensing (ALS) must be incorporated.
TAOS, founded in 1998 and formerly the Texas Instruments optoelectronic business unit, designs and markets a broad range of light sensor product families including color sensors, light-to-frequency converters and ambient light sensors. The state-of-the-art TSL2561 Light-to-Digital Converter helps simplify ambient light sensing implementation in applications ranging from display panel products such as LCD monitors, flat-panel televisions and cell phones as well as digital cameras, street light control, security lighting, sunlight harvesting and machine vision. The TSL2561 provides an I2C output in a chip scale package. In 2002, TAOS was the first company to offer an ambient light sensor with a bus output, eliminating 2-4 external components normally required for output signal conditioning.
"Catalyst will incorporate the impressive performance of the TAOS TSL2561 Light-to-Digital Converter into its future application notes, evaluation boards and reference designs," said Barry Wiley, Catalyst Vice President, Mixed Signal and Analog Marketing. "In this way, Catalyst engineers can provide more complete cost-effective solutions in a variety of SSI applications. Working closely with TAOS engineering and marketing personnel helps ensure that Catalyst will continue to be knowledgeable regarding the ongoing development of light sensing technology. Further, TAOS and Catalyst share a major distribution channel, Future Electronics, which facilitates their cooperation at the customer interface."
"We are looking forward to this opportunity to work with Catalyst to jointly promote our products into the very exciting solid-state illumination market," said Carlo Strippoli, TAOS Vice President of Marketing & Sales. "Catalyst has aggressively entered into this market by developing an impressive portfolio of products that play synergistically with our TSL2561 Light-to-Digital Converter as well as other devices in our Intelligent Opto-Sensor product lines. Moreover, in 2003, TAOS identified four specific markets -- automotive, consumer, industrial and medical -- as offering the best growth potential for optoelectronic sensor solutions. We believe this joint promotional agreement will help TAOS realize the fulfillment of this long-term strategy much more quickly."
SSI was originally intended for use in indicator lights only. However, recent advances in light emitting diode (LED) and organic light emitting diode (OLED) technology is enabling SSI to replace conventional lighting in traffic lights, mobile phones, digital still cameras, LCD backlights, signage and other niche applications. The U.S. Department of Energy (DOE) projects that the use of SSI technology will help decrease energy consumption for lighting by 29% by 2025. The DOE also projects that SSI market revenues will be as much as $10 billion within the same time period.
About Catalyst Semiconductor, Inc.
Founded in 1985, Catalyst Semiconductor, Inc. is headquartered in Sunnyvale, California. The Company is a leading supplier of high performance analog/mixed-signal solutions and nonvolatile memory products used in automotive, aircraft, telecommunications, computation, industrial and consumer markets. The Company designs and markets a broad range of analog/mixed-signal products such as White LED Drivers, DC-DC Converters, GPI/O Expanders, Digitally Programmable Potentiometers (DPP(TM)), Microcontroller Supervisory circuits and other analog/mixed-signal products. Programmable products include Serial and Parallel EEPROMs with I2C, SPI and Microwire interfaces, as well as NVRAM and low density Flash Memories. Typical applications include LCD displays, digital cameras, cell phones, automotive instrumentation, modems, wireless LANs, network cards, DIMM modules, digital satellite box receivers, set-top boxes and Internet routers. Catalyst's Quality Management System is ISO 9001:2000 certified. For additional information about Catalyst Semiconductor, visit our website at: www.catalyst-semiconductor.com.
Forward Looking Statements
Certain statements in this press release, including statements regarding Catalyst's future use of TAOS products, are forward-looking statements that are subject to risks and uncertainties. Actual results could differ materially from those projected in the forward-looking statements. Factors that could affect actual results include, without limitation, declining market demand for products incorporating Catalyst's and TAOS' technology; the price and availability of TAOS products; and potential defects, design flaws or other problems with Catalyst's or TAOS' products. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained under the heading "Certain Factors that May Affect the Company's Future Results of Operations" listed from time-to-time in Catalyst's SEC reports including, but not limited to, the annual report on Form 10-K for the year ended April 30, 2004 and subsequent quarterly reports on Form 10-Q. Catalyst disclaims any obligation to update information contained in any forward looking statements.
About TAOS, Inc. (Texas Advanced Optoelectronic Solutions, Inc.)
Texas Advanced Optoelectronic Solutions (TAOS), Inc. is based in Plano, Texas. Established in 1998, the company develops, manufacturers and markets leadership integrated optoelectronic products. These devices combine precision mixed-signal functionality and photo-detectors on the same integrated circuit to produce advanced products with performance and cost advantages over conventional solutions. TAOS optoelectronics products include:
| -- | Light-to-Digital Converters (TSL2550, TSL2560, TSL2561) |
| -- | Light-to-Frequency Converters (TSL230R, TSL235R, TSL237, TSL245R) |
| -- | Light-to-Voltage Converters (TSL12, TSL13, TSL14, TSL250R, TSL251R, TSL252R, TSL253R, TSL254, TSL257, TSL260R, TSL261R, TSL262R, TSL267) |
| -- | Color Sensors (TCS230, TSLR257, TSLG257, TSLB257) |
| -- | Color Reflective Sensors (TRS1722, TRS1755, TRS1766) |
| -- | CMOS Linear Sensor Arrays (TSL201R, TSLW201R, TSL202R, TSL208R, TSL210, TSL1301, TSL1401R, TSL1401CS, TSLW1401R, TSL1402R, TSL1406R, TSL1410R, TSL1412, TSL2014, TSL3301) |
| -- | Custom and Semi-custom Optoelectronic Devices and Assemblies. |
More information can be found at http://www.taosinc.com or by phone at 972-673-0759.
Trademarks
DPP is a trademark of Catalyst Semiconductor, Inc. I2C is a registered trademark of Philips Corporation. SPI is a trademark of Motorola, Inc. Microwire is a trademark of National Semiconductor Corporation. Texas Advanced Optoelectronic Solutions is a registered trademark of Texas Advanced Optoelectronic Solutions, Inc. (TAOS) of Plano, TX.
MULTIMEDIA AVAILABLE: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=4841573
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CONTACT: Catalyst Semiconductor, Inc. Barry Wiley, 408-542-1000 barry.wiley@catsemi.com or TAOS, Inc. Carlo Strippoli, 972-673-0759 cstrippoli@taosinc.com
KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS TELECOMMUNICATIONS NETWORKING MANUFACTURING MARKETING AGREEMENTS PHOTO PHOTOWIRE SOURCE: Catalyst Semiconductor, Inc. PHOTO: 41397
Copyright Business Wire 2005
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