SOURCE: ChipX

April 26, 2007 09:00 ET

ChipX ASIC Team Honored With Supplier of the Year Award From National Instruments

SANTA CLARA, CA -- (MARKET WIRE) -- April 26, 2007 -- ChipX, leading the way with a broad range of next generation ASIC solutions, today announced that the company's recently acquired OKI ASIC team has been named Supplier of the Year by National Instruments Corporation.

The National Instruments Supplier of the Year honor recognizes top performance in many areas, including minimal lead times and cost of ownership, perfect quality scores, the creation of new processes to support off-shore manufacturing, and superior engineering support on current and next generation products.

"Careful consideration is taken when selecting our Supplier of the Year," says Mark Mirelez, global director of procurement for National Instruments. "This is an outstanding team, and we are proud to honor them in this way."

Michael Brown, ChipX Vice President of World Wide Sales, commented, "We are extremely pleased and honored to be recognized as National Instruments Supplier of the Year. This award acknowledges our on-going commitment to meeting our customers' needs."

National Instruments, headquartered in Austin, Texas, is transforming the way engineers and scientists design, prototype and deploy systems for measurement, automation and embedded applications.

For more information on ChipX's next generation ASICs, please visit www.chipx.com.

About ChipX

ChipX, Inc. is a pioneer and leader in the development and manufacturing of differentiated ASIC solutions, including Structured ASIC and Embedded Array technology. The company's innovative, patented technology consolidates wafer production tooling, reduces time-to-market and minimizes the total cost to profit. ChipX products are widely used in consumer equipment, computing peripherals, communication systems, industrial control, medical equipment, instrumentation and military/aerospace systems. Headquartered in Santa Clara, CA, ChipX is a privately held corporation, founded in the U.S. in 1989. A subsidiary, ChipX (Israel) Ltd., performs Research & Development. Investors include Elron Electronic Industries, Ltd. (NASDAQ: ELRN), VantagePoint Venture Partners, Wasserstein Venture Capital, Newlight Associates, Parker Price Venture Capital, UMC, Needham Capital Partners and Insite Capital.

© 2007 ChipX, Inc. All other products or service names mentioned herein are the property of their respective owners.

Contact Information

  • ChipX Contact:
    Elise Wallworth
    Email Contact
    ChipX, Inc.
    408-235-7433

    U.S. Agency Contact:
    Matthew Quint
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    Quint Public Relations
    650-599-9450

    European Agency Contact:
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    Billings Europe
    +44 1491-636393