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Open-Silicon, Inc. Continues Strong Growth: Best Quarter to Date
| Source: Open-Silicon
MILPITAS, CA--(Marketwire - October 30, 2008) - Open-Silicon, Inc., the leading open market
semiconductor manufacturer and provider of spec-to-silicon ASIC design
services, today announced that the Company posted its strongest quarter to
date in Q3 2008. In addition to strong year on year revenue growth of 49%,
YTD bookings were up 47% year on year. Also, YTD design wins grew over 60%
compared to the same period in 2007. Since being founded in 2003,
Open-Silicon has built a customer base of over 80 customers and taped out
more than 100 designs.
"Our business and financial achievements are a testament to our business
model and our ability to address the needs of our customers," said Dr.
Naveed Sherwani, Open-Silicon president and CEO. "We will continue our
success by providing our customers with the products and services needed to
support their innovative, next generation designs."
"Today's customers benefit from Open-Silicon's low costs and disciplined
approach to predictability and reliability," said Colin Baldwin,
Open-Silicon director of marketing. "In addition, more and more customers
also are finding unique value in our leadership technology in the areas of
low power and high performance design."
About Open-Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company that was founded to set new
standards for the predictability and reliability of ASICs and enable
customers to differentiate their products through affordable custom
silicon. Open-Silicon provides ASIC design, open market IP integration,
and silicon manufacturing services to customers worldwide. Through the
"Science of ASICs" initiative Open-Silicon continues to introduce
technology advantages that help customers increase their market success.
For more information, visit Open-Silicon's website at www.open-silicon.com
or call 408-240-5700.