RNS Number : 7013C
Imagination Technologies Group PLC
04 September 2008
4 September 2008
Imagination Technologies Group plc
Imagination Technologies Extends Relationship with International Electronics Systems
Company with Significant Multi-year Licensing Deal
Imagination Technologies Group plc (LSE:IMG; "Imagination") - a leader in System-on-Chip
Intellectual Property ("SoC IP") - reports
that, further to its announcement on 6 July 2007 of an initial license agreement with an
international electronics systems company, this
company has now concluded a new multi-year, multi-use license agreement which gives it access
to Imagination's wide range of current and
future POWERVR® graphics and video IP cores. As a result of this new agreement, it is
expected that Imagination's IP cores will feature in a
number of new SoCs to be used in this company's future products.
Under the terms of the above licensing arrangement, Imagination will receive on-going
licence fees as well as royalty revenues on SoCs
incorporating Imagination's IP.
About Imagination Technologies
Imagination Technologies Group plc (FTSE:IMG) - a leader in semiconductor System on Chip
Intellectual Property (SoC IP) - creates and
licenses market-leading embedded graphics, video and display accelerators, multi-threaded
processors and multi-standard receiver
technologies. These IP solutions are complemented by dynamic and extensive developer and
middleware ecosystems. Target markets include
digital radio and audio; mobile phone multimedia; personal media players (PMP); in-car
navigation and driver information; personal
navigation devices (PND); Ultra Mobile PC (UMPC) and Mobile Internet Device (MID); digital TV
& set-top box; and mobile TV. Its licensees
include leading semiconductor and consumer electronics companies, as well as innovative
leading edge start-up and fabless semiconductor
companies. Imagination has corporate headquarters in the United Kingdom, with sales and R&D
offices worldwide. See: www.imgtec.com.
Enquiries:
Imagination Technologies Group plc Tel: 01923 260 511
Hossein Yassaie, CEO
Trevor Selby, CFO
College Hill Associates Tel: 020 7457 2020
Adrian Duffield/Carl Franklin
This information is provided by RNS
The company news service from the London Stock Exchange
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