SOURCE: Scalado AB

September 18, 2009 03:08 ET

Scalado shows its financial strength with highly-prized "triple-A" credit rating

LUND, SWEDEN--(Marketwire - September 18, 2009) - Scalado (www.scalado.com), a world leader in mobile imaging, has today announced that it has gained a triple-A rating, the highest possible credit score in the Soliditet evaluation system, which is based on approximately 2,400 decision parameters. This rating, which is updated daily via the Soliditet database, is commonly used as a key financial metric throughout the Nordics, and is also used by Dun & Bradstreet globally. Only 3% of Swedish companies have been awarded a triple-A (AAA) rating.

Scalado, which already has operations in both Europe and Asia, has earned a worldwide reputation for providing mobile imaging software solutions that are powerful, scalable and modular for any camera phone. Scalado's mission is to make imaging on mobile phones more efficient by bringing higher usability for end-users, and by cutting hardware costs for handset manufacturers who increasingly have to compete with products which can offer phone, email, camera, and music functions in a single device.

"It is very gratifying to know that Scalado AB has been given the highest credit rating possible," says Kim Wiencken, acting CEO of Scalado. "This proves once again that Scalado is a financially strong and stable company, in addition to being a leading innovator in the mobile imaging sector. As such, we are confident that this news will be reassuring to our staff, customers and partners."

Scalado's SpeedTags technology enables photographers to instantly capture multi-megapixel images without any shutter lag, freezing the moment of capture. Users can zoom into the resulting JPEG images to review the details of the image without any delay, thus giving greater freedom to photographers whilst also enhancing a wide variety of camera phone functions, such as "burst capture".

Scalado is best-known, however, for its CAPS™ imaging Software Development Kit (SDK), an extremely CPU and memory efficient software solution that can drastically decrease image processing times when capturing, viewing, and editing large images.

According to a survey conducted by InfoTrends/CAP Ventures, camera phones are expected to account for 89% of all mobile phone handsets shipped by the end of the year. By adopting Scalado's technologies, mobile phone manufacturers can maximize this opportunity by drastically reducing development and device costs, and significantly shortening time to market.

For this reason, more than 400 million mobile phone handsets now feature Scalado software, and Scalado already lists the top five tier 1 mobile phone manufacturers as its licensees.

Ends

About Scalado AB

Scalado AB is a Swedish imaging Software Company that focuses on the wireless device industry. It provides mobile imaging software solutions that are powerful, scalable and modular for any camera phone. Its mission is to make imaging on mobile phones more efficient - bringing higher usability for end-users and cutting hardware costs for device manufacturers. With unique and patented software technologies, it solves critical performance issues with less memory and CPU requirements. Scalado CAPS is the leading imaging solution for camera phones, embedded in more than 400 million devices.

Founded in 2000, Scalado has its head office in IDEON Science Park in Lund, Sweden. The company's principal shareholders are venture capitalists NorthCap Partners, Industrifonden, and Teknoseed as well as company's founders. For more information, please visit www.scalado.com

Scalado Press Contact             Scalado Company Contact
Andrew Ball/Chaz Brooks           Fadi Abbas, Co-founder,
                                  Interim CMO/CSO
Chazbrooks Communications         Scalado AB
Tel: +44 (0)1483 537 890          Tel: +46 733 118 222
E-mail: andrewb@chazb.com         E-mail:
                                  fadi.abbas@scalado.com
www.chazb.com                     www.scalado.com

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