SOURCE: Provigent Inc.

June 20, 2005 08:06 ET

Provigent Chosen Featured Start-Up in Fabless Semiconductor Association's Fabless Forum

Semiconductor Industry Expert Cliff Hirsch Praises Provigent for Addressing "Existing Large Market Opportunities With Innovative Technology"

LOS ALTOS, CA -- (MARKET WIRE) -- June 20, 2005 -- Provigent, Inc., a provider of system-on-a-chip (SoC) solutions for broadband wireless transmission, has been chosen featured fabless start-up in the March issue of Fabless Forum, the quarterly magazine of FSA (formerly known as Fabless Semiconductor Association). In his column, which examines fabless start-ups, semiconductor industry expert Cliff Hirsch wrote that Provigent fits the criteria for his favorite type of company -- one that addresses "existing large market opportunities with innovative technology."

Hirsch added, "While picking my favorite from companies that have already secured venture funding, a strong endorsement in and of itself, is always a challenge, this quarter's choice was easy," citing Provigent's targeting of all three major segments of the broadband wireless transmission market (cellular backhaul infrastructure, fixed wireless transmission and private wireless networks); how leading vendors worldwide are designing point-to-point (PTP) radio systems based on Provigent's PVG310 single-chip modem; and that Provigent has customers and orders and is shipping production units.

In his commentary, Hirsch recognized the PVG310 as a cost-saving alternative solution for the 150 proprietary PTP systems vendors that "must design their own in-house solution, an expensive proposition," adding that the Provigent product integrates all the physical-layer baseband functionality for point-to-point broadband wireless transmission; supports dozens of proprietary modes; and is configurable and flexible, with improved signal processing and DSP algorithms, allowing it to serve as the heart of numerous proprietary PTP systems.

"Modem parameters -- including data rates, modulation schemes and bandwidth -- are all software programmable, making the PVG310 the modem core of the IDU (indoor unit) or ODU (outdoor unit) for a broad variety of systems," wrote Hirsch. "System vendors can leverage the device to develop a single design for their entire point-to-point product line, from low-capacity, low-cost systems to high-end, high-capacity, feature-rich systems."

Remarked Provigent CEO Dan Charash: "Provigent is very proud to be singled out by the respected industry expert Cliff Hirsch. We're especially honored that his words of validation appear in the official publication of such an important and prestigious organization as FSA."

About Provigent

Provigent is a fabless semiconductor company aiming to become the leading supplier of SoC solutions for the broadband wireless transmission industry. The company is financed by leading venture capital companies and private individuals such as Andrew Viterbi, co-founder of QUALCOMM (NASDAQ: QCOM). More information is available on the Web at www.provigent.com or via e-mail at info@provigent.com.

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