SOURCE: BEEcube Inc.

November 14, 2008 09:00 ET

BEEcube Signs MORPH/PRISM Product Licensing Agreement With L-3

FREMONT, CA--(Marketwire - November 14, 2008) - BEEcube Inc. and L-3 Communications (NYSE: LLL) announced a licensing agreement today that allows BEEcube to sell L-3's family of MORPH Products.

"BEEcube is a leader in reconfigurable computing platforms and we are pleased to work with them to expand into new markets," said Val Gavito, L-3 Integrated Systems Group Senior Vice President of Technology and Strategic Development. "We look forward to working closely with BEEcube, developing commercial opportunities for our MORPH and PRISM Products."

"We are pleased to be able to add L-3's MORPH and PRISM Products to our product portfolio. This co-operation is complementary to our existing offerings and leverages our design support expertise," said Tim Williams, BEEcube CEO. "This cooperation enables BEEcube to offer a broader set of solutions to our growing customer base."

MORPH stands for MetamOrphic Reconfigurable Processor Hardware and is a series of reconfigurable logic cards intended for high-end signal processing and input/output applications. Each MORPH card features a massive programmable logic array capable of between 5 and 30 million gates per card.

The MORPH product line also includes L-3's proprietary Packet Relay Interface Switch Matrix (PRISM) technology to significantly increase the speed of communication between Field-Programmable Gate Arrays (FPGAs) on a single card or within an array of MORPH cards. This allows a mesh of four cards to accommodate up to 120 million gates of logic processing power.

As part of the collaboration, L-3 and BEEcube will also collaborate on technical documentation and in other technical support areas.

About BEEcube

Leveraging advanced technology developed over 10 years at Berkeley Wireless Research Center in the University of California at Berkeley, BEEcube is at the forefront of technological and market innovation within the supercomputing market. BEEcube offers next generation FPGA based computing platforms, advanced high level programming integrated design environment, and design services for development of complex custom applications. To learn more about BEEcube, please visit the company's Web site at www.BEEcube.com.

About L-3

Headquartered in New York City, L-3 Communications employs over 64,000 people worldwide and is a prime contractor in aircraft modernization and maintenance, C3ISR (Command, Control, Communications, Intelligence, Surveillance and Reconnaissance) systems and government services. L-3 is also a leading provider of high technology products, subsystems and systems. The company reported 2007 sales of $14 billion.

To learn more about L-3, please visit the company's Web site at www.L-3Com.com.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Except for historical information contained herein, the matters set forth in this news release are forward-looking statements. Statements that are predictive in nature, that depend upon or refer to events or conditions or that include words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," "could" and similar expressions are forward-looking statements. The forward-looking statements set forth above involve a number of risks and uncertainties that could cause actual results to differ materially from any such statement, including the risks and uncertainties discussed in the company's Safe Harbor Compliance Statement for Forward-looking Statements included in the company's recent filings, including Forms 10-K and 10-Q, with the Securities and Exchange Commission. The forward-looking statements speak only as of the date made, and the company undertakes no obligation to update these forward-looking statements.

Contact Information

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