Business
Customer Agreement
Customer Agreement.
About this update from Arkle Resources Plc
[{"type":"text","content":"\n Arc International PLC\n03 April 2007\n\n\n\nInvestor and Media Contact: Financial Dynamics\n\nLee Garvin Flanagin Juliet Clarke\n\nARC International +44 20 7831 3113\n\n+1 408 437 3433 \n\[email protected]\n\n\n ARC Signs $15M Multiyear License\n With One of the Largest Consumer Electronics Companies\n\n Landmark Agreement Underscores the Premium Industry Leaders\n Assign to ARC's Configurable Solutions\n\n\nELSTREE, England, April 3, 2007 - ARC International (LSE: ARK) today announced\nthat one of the largest consumer electronics companies has taken a multiyear\nlicense valued at $15 million (USD) for ARC's patented configurable processors.\nFurther details of the nature of the customer and its targeted high-growth\napplications are confidential.\n\n\nCarl Schlachte, president and CEO of ARC International, said, \"This significant\ncustomer agreement is one of the largest ever completed by a 'Star IP' company.\nMore importantly it underscores the confidence and value Tier 1 consumer\nelectronics companies continue to place in our configurable processor \nsolutions.\"\n\n\nAbout ARC's Patented Configurable Technology\n\nARC's patented configurable subsystem and processor technology enables\nsystem-on-chip (SoC) designers to create silicon that is optimized to the end\napplication. Designers have the freedom to retain necessary functionality while\nremoving unneeded features in a configurable ARC product. The benefit is an SoC\nwith a more optimal balance of speed, area and power for a specific application,\nresulting in a lower power, smaller chip that is less expensive to manufacture.\nAdding custom instructions to ARC's subsystems and cores, designers can\nachieve major gains in application efficiency by defining custom extensions that\naccelerate critical code.\n\n\n # # #\n\nAbout ARC International plc\n\nARC International is the world leader in configurable subsystems and CPU/DSP\nprocessors that are used by semiconductor companies worldwide to create\nsystem-on-chip (SoC) designs that provide a strategic competitive advantage.\nARC's patented configurable products are smaller, consume less power, are less\nexpensive to manufacture, and provide a higher degree of differentiation over\nwhat can be created using \"fixed architecture\" core alternatives.\n\n\nARC International maintains a worldwide presence with corpora...