SOURCE: Lyric Semiconductor, Inc.

Lyric Semiconductor, Inc.

August 18, 2010 21:30 ET

Lyric Semiconductor Recognized for Most Innovative Flash Memory Technology at the 2010 Flash Memory Summit

Lyric Selected as Best of Show Awards Winner

SANTA CLARA, CA--(Marketwire - August 18, 2010) -  FLASH MEMORY SUMMIT - Lyric Semiconductor, a DARPA and venture-funded MIT spin-out whose cutting-edge "probability processing" technology is poised to deliver a fundamental change in processing performance and power consumption, has been chosen by the Flash Memory Summit as a Best of Show award winner for 2010 in the category of Most Innovative Flash Memory Technology. The annual Best of Show award is a premier opportunity for industry recognition of innovative products and solutions. Lyric has been recognized for its Lyric Error Correction™ (LEC) -- Lyric's first commercial probability processor technology, for its ability to outpace all other error correctors currently available with 12X lower power consumption packed into a 30X smaller form factor. Lyric has been presented the Best of Show award for its development of LEC and the technical and business impact of this unique flash memory innovation.

Flash error rates have become increasingly problematic with each new each generation of the technology. Currently, data read out of a 30nm flash chip gets one bit wrong in every 1,000. When flash moves to 20nm processes for their next generation of memory, this error rate will climb to one bit wrong in every 100. Lyric's LEC technology will allow flash manufacturers to correct these errors more efficiently than was possible before, driving the error rate down to 1 bit wrong in every 1,000 trillion.

Flash companies spend billions on new foundry processes in order to increase overall flash density, but then suffer from exponentially more errors. As a result, error correctors have had to become significantly larger, more complex and more expensive, making advanced error correction only viable for high-end solid-state drives. Lyric's LEC technology enables advanced error correction at 30X lower cost to manufacture and 12X lower power consumption, allowing for unprecedented performance across all flash product lines.

"Flash Error Correction is ideally suited to our probability processor technology, which is why we chose it as our first commercial implementation," says Lyric Semiconductor CEO and co-founder Ben Vigoda. "We are pleased and honored to be publicly recognized so soon after our emergence from stealth mode."

"Flash Memory technology is currently experiencing a progression of innovation in addressing the needs for increased reliability, higher performance, along with power and cost efficiencies which is blazing a trail for next generation solutions," said Jay Kramer, Chairman of the Awards Program and VP Worldwide Marketing of SEPATON. "We are proud to select Lyric with the LEC Lyric Error Correction for the best of show innovation award."

Lyric was honored at the Flash Memory Summit Awards evening reception on Wednesday, August 18. For a complete list of all the Flash Memory Summit Best of Show awards winners, visit http://www.flashmemorysummit.com.

About Lyric Semiconductor

Lyric Semiconductor is a fabless semiconductor company founded in 2006 by MIT Ph.D. Ben Vigoda and semiconductor industry veteran David Reynolds, and is located in Cambridge, Mass. Lyric's probability processing technology was first envisioned by Vigoda at MIT. Lyric's lead investor and chairman of the board is Ray Stata, founder and 30-plus year CEO of Analog Devices and lead partner of Stata Venture Partners. Lyric currently employs 30 people and has received more than $20 million in government funding from DARPA and other agencies and venture investment from Stata Venture Partners. Lyric Semiconductor maintains a growing IP portfolio of 50 fundamental patent filings in the field of probability processing. More information on the company and its probability processing technology can be found at www.lyricsemiconductor.com.

Contact Information

  • For more information, please contact:

    Tara Sims
    siliconPR for Lyric Semiconductor
    415 310 5779
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