SOURCE: Staccato Communication

May 11, 2005 10:00 ET

Staccato Communications Named a Red Herring 100 Company

Award Recognizes 100 Private Companies in North America That Drive the Technology Industry's Future

SAN DIEGO, CA -- (MARKET WIRE) -- May 11, 2005 -- Staccato Communications, an ultrawideband (UWB) wireless technology pioneer, today announced that it has been named one of the Red Herring 100 Private Companies of North America.

"Five years after the dot-com bubble burst, innovation and entrepreneurship are thriving. The companies on this list are proof," said Red Herring editor-in-chief Joel Dreyfuss.

"Staccato executives have worked relentlessly for the past decade to transform ultrawideband from a wireless technology existent in only a few labs into a thriving industry segment and burgeoning worldwide business," said Rick Kornfeld, President and CEO, Staccato Communications. "The Red Herring recognition is well deserved."

Red Herring's lists of private companies are an important part of the magazine's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google and eBay were spotted in their early days by Red Herring editors as those that would change the way we live and work.

Red Herring's editorial staff rigorously evaluated more than 900 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development. Red Herring 100 companies will be presenting their business model and strategy at the Red Herring Spring conference. Red Herring Spring will take place May 17-19 at the Monterey Plaza Hotel in Monterey, California.

About Red Herring Spring

Red Herring Spring is an invitation-only event for CEOs, select senior executives, and Venture Capitalists. Themed "The Dynamics of Disruptions," Red Herring Spring 2005 will bring together executives from mostly private companies. These executives will be joined by senior executives from public companies and Venture Capitalists. Please contact Sean Raman at 650.428.2900 or email sraman@redherring.com if you would like to request an invitation to Red Herring Spring.

About Red Herring

Red Herring is the weekly magazine technology entrepreneurs, investors and industry observers read to stay ahead of the curve and to be better informed about the global marketplace. Red Herring covers technology, innovation, financial strategies, important personalities and trends that are transforming the world of business with unique insight, opinion and forward-looking analysis. Readers turn to Red Herring for knowledge to make strategic decisions, build companies and create a competitive advantage for their businesses. Red Herring articles, blogs, research and event information can be found online at www.redherring.com.

About Staccato Communications

Staccato Communications, based in San Diego, Calif., is an Ultrawideband (UWB) technology pioneer with applications expertise in Wireless USB, Bluetooth and Internet Protocol (IP) connectivity. The fabless semiconductor company serves the mobile phone, personal computing and consumer electronics industries with small form factor single-chip all-CMOS wireless system-in-packages (SiP). Staccato's offerings include PHY, MAC, drivers, application software, development kits and reference designs. Founded by wireless industry veterans who have delivered highly successful solutions for mobile phones, Bluetooth and WiFi, Staccato is now leveraging that expertise for UWB-based applications. For more information, please visit www.staccatocommunications.com.

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