picoChip scoops up three awards at Elektra European Electronics Industry Awards 2007

Landslide achievement as the only company to take home three awards; Company of the Year, Fabless Semiconductor Company of the Year and Design Application of the Year

Bath, England, 13 December 2007: - picoChip has won the Design Application of the Year, Fabless Semiconductor Company of the Year and Company of the Year Awards at the prestigious Elektra European Electronics Industry Awards 2007. The Elektra Awards were presented at a gala dinner in London's West End last night, with representatives from the electronics industry recognising the achievements of individuals and companies. picoChip is the only company to take home three awards.
“Winning three awards at the Elektra’s is a truly amazing accolade and demonstrates picoChip’s place among the leaders of the industry,” said Guillaume d'Eyssautier, president and CEO at picoChip. “Congratulations to the whole picoChip team for contributing to this outstanding achievement. picoChip clearly has the respect of the entire industry, and we are extremely honored to have been recognized to such a high degree at this highly prestigious event.”

Presenting picoChip with the Fabless Semiconductor Supplier of the Year Award, Elektra host Sir Trevor McDonald said, “The winner is a young company which has in just seven years carved out a business for itself in a market dominated by some of the industry's biggest companies. Its success has been based on genuinely innovative semiconductor technology supported by a clear business plan.”
There were joint winners of the Company of the Year Award with component distributor Anglia Components joining wireless semiconductor supplier picoChip Designs on the winner's rostrum. “Company of the Year was chosen from the winners of each of the individual categories. Technology innovation and business success is taken into account and the judges identified who demonstrated outstanding achievements. The companies in the shortlist for this award represent an electronics industry which is competing well in global markets,” stated the Elektra Awards organisers.

picoChip won the Design Application of the Year Award for the company’s femtocell reference design. “The overall winner in this category has taken a clear lead in the introduction of 3G mobile phone technology which will enable operators around the world to offer improved low cost indoor coverage and capacity,” commented the Elektra judging panel on picoChip winning the award.

picoChip is the leading supplier of multi-core DSP delivering extremely high performance at competitive cost points. It offers a powerful platform to develop infrastructure products for emerging global wireless communications markets such as WiMAX, LTE, McWILL, TD-SCDMA and 4G. In addition, the company offers complete reference design for WiMAX and HSDPA femtocell, picocell and macrocell basestations.