Imagination Technologies Group Regulatory News (IMG)

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Imagination and ST Microelectronics cooperate to deliver innovative digital radio receiver solution for automotive

London, UK - 16 December, 2013 - Imagination Technologies (LSE: IMG) announces that STMicroelectronics (NYSE: STM) has licensed Ensigma communications processor technology from Imagination for use in a multi-standard programmable radio solution targeted at car radios.

The new generation of ST digital radio receivers will support a wide range of global digital radio standards including DAB (Digital Audio Broadcasting) and HD Radio.

The agreement is being announced today by Imagination's CEO Sir Hossein Yassaie as part of a keynote speech at the Go Digital conference at The Radio Theatre, BBC Broadcasting House in London. 

Says Sir Hossein:

"Imagination and our partners have been instrumental in delivering global solutions that have made digital radio a successful technology in the home, but there has been slow progress to date in automotive. STMicroelectronics will deliver a complete solution with wide capability and ease of deployment that should propel digital radio to ubiquity in cars."

Says Mr. Marco M. Monti, executive vice president and general manager, Automotive Product Group, STMicroelectronics:

"As a global leader in car infotainment, STMicroelectronics is driving the technology for the next generation of digital car-radio receivers. As consumers quickly appreciate the advantages of digital radio in the car in the coming years, demand will grow. Our experience in the demanding automotive environment and our extensive receiver know-how combined with Imagination's Ensigma communications processor technology will allow us to create robust solutions to manage all the digital standards and create a more enjoyable listening experience."

Imagination's Pure consumer electronics brand, which leverages Imagination's Ensigma communications processor IP in its products, is the leader in digital radio and connected audio. Imagination's technologies are used in the majority of DAB digital radios globally.

Under the terms of its licensing arrangements Imagination receives license fees, and royalty revenues on shipment of SoCs incorporating Imagination's IP.

About STMicroelectronics

ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented. In 2012, the Company's net revenues were $8.49 billion. Further information on ST can be found at www.st.com.

About Imagination TechnologiesImagination Technologies - a global leader in multimedia, processor, communication and cloud technologies - creates and licenses market-leading processor solutions including graphics, video, vision, CPU and embedded processing, multi-standard communications, cross-platform V.VoIP and VoLTE and cloud connectivity. These silicon and software intellectual property (IP) solutions for systems-on-chip (SoC) are complemented by an extensive portfolio of software, tools and ecosystems. Target markets include mobile phone, connected home consumer, mobile and tablet computing, in-car electronics, networking, telecoms, health, smart energy and connected sensors. Imagination's licensees include many of the world's leading semiconductor manufacturers, network operators and OEM/ODMs. Corporate headquarters are located in the United Kingdom, with sales and R&D offices worldwide.

See: www.imgtec.com.

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