Arkle Res Regulatory News (ARK)

3 Apr 2007 07:00

ARC International (LSE:ARK) today announced that one of thelargest consumer electronics companies has taken a multiyear licensevalued at $15 million (USD) for ARC's patented configurableprocessors. Further details of the nature of the customer and itstargeted high-growth applications are confidential. £ Carl Schlachte, president and CEO of ARC International, said,"This significant customer agreement is one of the largest evercompleted by a 'Star IP' company. More importantly it underscores theconfidence and value Tier 1 consumer electronics companies continue toplace in our configurable processor solutions." £ About ARC's Patented Configurable Technology £ ARC's patented configurable subsystem and processor technologyenables system-on-chip (SoC) designers to create silicon that isoptimized to the end application. Designers have the freedom to retainnecessary functionality while removing unneeded features in aconfigurable ARC product. The benefit is an SoC with a more optimalbalance of speed, area and power for a specific application, resultingin a lower power, smaller chip that is less expensive to manufacture.Adding custom instructions to ARC's subsystems and cores, designerscan achieve major gains in application efficiency by defining customextensions that accelerate critical code. £ About ARC International plc £ ARC International is the world leader in configurable subsystemsand CPU/DSP processors that are used by semiconductor companiesworldwide to create system-on-chip (SoC) designs that provide astrategic competitive advantage. ARC's patented configurable productsare smaller, consume less power, are less expensive to manufacture,and provide a higher degree of differentiation over what can becreated using "fixed architecture" core alternatives. £ ARC International maintains a worldwide presence with corporateand research and development offices in California and Elstree, UK.For more information visit www.ARC.com. ARC International is listed onthe London Stock Exchange as ARC International plc (LSE:ARK). £ ARC and the ARC logo are trademarks or registered trademarks ofARC International. All other brands or product names contained hereinare the property of their respective owners. This press release maycontain certain "forward-looking statements" that involve risks anduncertainties, including the development, implementation, and releaseof features described herein. These are at the sole discretion of ARCInternational. For other factors that could cause actual results todiffer, visit the company's Website as well as the listing particularsfiled with the United Kingdom Listing Authority and the Registrar ofCompanies in England and Wales. Copyright Business Wire 2007