Imagination Technologies Group Regulatory News (IMG)

20 Jul 2007 11:04

Imagination Technologies Group PLC20 July 2007 20 July 2007 Imagination Technologies Group plc Imagination Technologies Licenses Video Display Processing Core to NECElectronics Imagination Technologies Group plc (LSE: IMG; "Imagination") - a leader inSystem-on-Chip Intellectual Property ("SoC IP") - reports that NEC ElectronicsCorporation (TSE: 6723), a world-leading semiconductor company, has licensed anext-generation core from Imagination's PowerVR video display technology familyunder a multiple-use license arrangement. This proprietary core from Imagination delivers new levels of performance whilerequiring a significantly smaller silicon area than other solutions. NEC Electronics will incorporate the technology in SoC devices targeting digitalAV markets. Under the terms of its licensing arrangements Imagination receives license feesand royalty revenues on SoCs incorporating Imagination's IP shipped by partners. About Imagination Technologies Imagination Technologies Group plc - a leader in SoC IP - develops, licenses andsupplies market-leading graphics, video and display cores, real-timemulti-threaded DSP/RISC processors and communication and broadcast technologiesfor the mobile, consumer, automotive and PC markets. It supplies licensable IP(Intellectual Property) supported by advanced development tools to leadingsemiconductor and consumer electronics companies worldwide. ImaginationTechnologies Group plc has its corporate headquarters in the United Kingdom andis publicly traded on the London Stock Exchange (FTSE: IMG). See:www.imgtec.com. About NEC Electronics NEC Electronics Corporation (TSE: 6723) specializes in semiconductor productsencompassing advanced technology solutions for the high-end computing andbroadband networking markets, system solutions for the mobile handset, PCperipherals, automotive and digital consumer markets, and platform solutions fora wide range of customer applications. NEC Electronics Corporation has 25subsidiaries worldwide including NEC Electronics America, Inc.(www.am.necel.com) and NEC Electronics (Europe) GmbH (www.eu.necel.com). Foradditional information about NEC Electronics worldwide, visit www.necel.com. Contact: Imagination Technologies Group plc Tel: 01923 260511Hossein Yassaie, CEOTrevor Selby, CFO College Hill Associates Tel: 020 7457 2020Adrian Duffield/Carl Franklin This information is provided by RNS The company news service from the London Stock Exchange