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03 Sep 2007
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CDNSE and Mirics deliver low-cost solution for the Chinese DRM radio market
Fleet, UK & Beijing, China, 3rd September 2007: CDNSE and Mirics have worked together to
create volume solution WR608 for the Digital Radio Mondiale (DRM) market, and will demonstrate these solutions with
Thomson at IBC - the internationally renowned broadcasting and media exhibition. The WR608 is a
portable multi-function digital radio receiver platform designed for DRM, FM and AM applications. The highly
integrated NewStar WR608 platform enables aggressive bill of materials (BOM) cost reduction and rich, exciting
features to simplify the design of mobile digital radio products. An integrated NewStar RCSS® engine provides
the capability of deploying various kinds of digital radio technologies in one platform. The software-defined
RCSS® engine makes implementing multiple digital broadcasting standards in one platform possible. The Mirics MSI001 poly-band tuner provides the RF for CDNSE's WR608 DRM solutions. With coverage from the low AM
frequencies right through to high L-band, the MSI001 allows creation of radios which support DRM along with other
radio standards - FM, DAB/DMB or HD-Radio. The MSI001’s wide frequency coverage supports FM globally. Even TV
standards like T-DMB or DVB-H can be included in products using the MSI001. Simon Atkinson, CEO of
Mirics, commented, "We're delighted to be working with CDNSE on these class-leading products, and look
forward to working together for good success in the Chinese and export markets for DRM radio." Haochun Liu of
CDNSE said, "The Mirics MSI001 provides a flexible RF platform for our radio products, and has many features
which will empower our advanced product development plans." In addition to low power and low cost
(enabling high volume battery-powered products) benefits, the MSI001 has many features supporting DRM / DAB -
including a very fast synthesizer subsystem. This gives more opportunity for power saving, plus the ability to
"sniff" other frequencies or standards during DRM or DAB's guard bands - which is ideal for simulcast
and other advanced systems. ---ends--- About DRM (Digital Radio Mondiale)
DRM is a digital radio standard in the AM bands. This allows digital quality to be broadcast
over very long range - making it ideal for broadcasting to large regions, or as an infill service extending the
coverage of DAB/HD-Radio systems. While it is early in DRM's deployment, it looks set to replace AM
radio in much of Europe, plus Russia, China, and Africa. It has also received FCC approval for deployment in the
US. About CDNSE Chengdu NewStar Electronics Company (CDNSE) is
located at Chengdu High Tech Zone, is a certified “High Tech Company” by Sichuan Bureau of Science and
Technology. NSE focuses on the design and development of multiple-function and advanced cost-performance ratio
solutions of communication systems using OFDM technologies. Based on the idea of forward-looking products, advanced
technologies and full heart services, all CDNSE’s employees wish to work with friends in the world in order
to speed the transition from analog audio broadcast to digital audio broadcast using DRM technology. About Mirics Semiconductor Mirics Semiconductor Inc. is a start-up RF
and mixed signal fabless semiconductor company delivering innovative solutions for the mobile broadcast receiver
market segment. Founded in 2004 and based in Hampshire, UK, Mirics has brought together a strong silicon
development team with extensive experience in RF technology, wireless/algorithms, IP, silicon delivery and system
architecture. Mirics’ first commercial product, the MSI001, is the world’s first true poly-band tuner
and represents the most technologically advanced product of its type. Mirics was originally backed with
Series A funding from Pond Venture Partners, Europe's largest early-stage technology fund. The company has
recently closed a $12m Series B round securing backing from Intel Capital, the global investment arm of Intel
Corporation, Acacia Capital Partners, and further investment from Pond. Operating in portable and
mobile broadcast receivers, a market segment that is conservatively expected to exceed $1 billion by 2010, Mirics
is well positioned to gain an important first mover advantage in this rapidly emerging market segment. www.mirics.com
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06 Aug 2007
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Mirics closes $12M B round funding with investment from Acacia Capital Partners
UK start-up takes new
investment to exploit expanding market opportunities for its innovative mobile broadcast receiver technology
Fleet, UK, 6th August 2007: Mirics Semiconductor, a UK-based provider of innovative solutions
for the mobile broadcast receiver market, today announced the addition of Acacia Capital Partners to its $12m
second round of funding. Mirics closes the round with Acacia Capital Partners joining fellow investors Intel
Capital and Pond Venture Partners. The funding will enable Mirics to build on its success over the last 12-months,
accelerating product roll-out plans and strengthening its world class engineering team.
“Thanks
to the additional investment from Acacia Capital Partners and the support of our existing investors, we now have
the financial support and global commercial connections to drive the company forward and capitalize on our strong
technology,” explains Simon Atkinson, CEO, Mirics Semiconductor. “As well as helping us to accelerate
the roll-out of our product roadmap and expand our talented engineering team, the additional investment will enable
us to extend the reach of our commercial and customer support organizations. This will ensure that Mirics can
provide the best possible support to the many leading technology companies we’re already connecting with
across Europe, the U.S. and Asia.”
“Addressing the technological challenges involved
in the implementation of mobile audio and video is a key industry focus,” comments Chris Smart, General
Partner, Acacia Capital Partners. “Mirics has technological innovations which we believe can help the global
market segment for broadcast-enabled mobile handsets and portable devices to evolve and reach its full potential
over the next few years.” Mirics’ FlexiMode technology enables reconfigurable RF devices with
little or no penalty compared to the inflexible, single-standard products they replace. This enables consumer
products to be created for the world market, and can greatly reduce the cost and size of multi-functional devices.
Mirics’ first product, the MSI001, is the world’s most advanced “Universal Broadcast
Tuner”, enabling designers of mobile phones, PMPs, PNDs and other portable devices to easily add a single RF
solution which implements the plethora of mobile broadcast standards in use worldwide – rendering redundant
all speculation of which standard will become dominant. The MSI001 achieves this without compromising the cost,
power or performance of today’s advanced single-standard solutions. During its investment round
Mirics was advised by Matt Rogers from technology investment banking company GP Bullhound.
---ends---
About Mirics Semiconductor Mirics Semiconductor Inc. is a start-up
RF and mixed signal fabless semiconductor company delivering innovative solutions for the mobile broadcast receiver
market segment. Founded in 2004 and based in Hampshire, UK, Mirics has brought together a strong silicon
development team with extensive experience in RF technology, wireless/algorithms, IP, silicon delivery and system
architecture. Mirics’ first commercial product, the MSI001, is the world’s first true poly-band tuner
and represents the most technologically advanced product of its type. Mirics employs a fabless business model with
Series A funding previously provided by Pond Venture Partners, Europe's largest early-stage technology fund.
Operating in portable and mobile broadcast receivers, a market segment that is conservatively expected to exceed $1
billion by 2010, Mirics is well positioned to gain an important first mover advantage in this rapidly emerging
market segment. www.mirics.com
About
Acacia Capital Partners Acacia Capital Partners is a London based technology venture capital company
which invests in growing technology companies across Europe. It is an independent management company run by General
Partners with in-depth operational experience and many years of activity in venture capital investing. It invests
from its fund, Acacia I LP, with capital provided by a syndicate led by the Partners Group and Access Capital
Partners. www.acaciacp.com
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03 Apr 2007
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UK mobile broadcast innovator engages ELJ for Japanese market
Mirics targets Asian Mobile TV market
with its universal broadcast receiver
Fleet, UK, 3rd April 2007: Mirics
Semiconductor, a UK-based provider of innovative solutions for the mobile broadcast receiver market, is
collaborating with Electronics Link Japan (ELJ) to help the development of its business in Asia and to exploit
opportunities in the burgeoning Japanese mobile TV market for its advanced universal broadcast receiver technology.
ELJ’s team of electronics specialists will work with Mirics to identify and win new business
opportunities in Japan for the MSI001 poly-band tuner. Mirics also expects the move to help it develop long-term
links with demodulator and applications processor vendors, and build valuable relationships with module vendors and
ODMs. “Japan is a key market for Mirics, representing huge potential for mobile TV growth and
housing many of the world's leading manufacturers of mobile phones, PDAs and other portable devices,”
explains Simon Atkinson, CEO, Mirics. “With the MSI001 chip we have a phenomenally strong technology and by
partnering with ELJ we now have the commercial connections we need to establish fruitful and long-term business
relationships with some of Japan's top technology companies." Takeshi Niwa-san, analyst at
Japan’s Techno Systems Research Co., Ltd, comments: "In 2005, Korea was over 85% of the mobile TV
market, but Japan is now enjoying rapid growth. We forecast that over 50% of mobile TVs sold in 2007 will be in
Japan." The MSI001 is the world’s most advanced universal broadcast receiver, enabling
designers of mobile phones, portable media players, and PDAs to easily add mobile broadcast reception. MSI001
supports all current digital terrestrial broadcast standards, and analogue radio, across all terrestrial broadcast
bands enabling OEMs to design a single platform for mobile broadcast - independent of standards or regional
differences. It also has the lowest cost implementation and highest performance of any mobile broadcast receiver
currently available. "We are very pleased to be working with such a fast-growing and exciting UK
company," said Peter Bacon, Chairman, Electronics Link Japan. "We have already seen great interest in
Mirics’ technology and look forward to helping develop this fantastic business opportunity in the pioneering
Asian mobile TV market." ELJ (formerly Electronic Link Asia ELA) was established in 1996 to form a
bridge between the UK and Japan in the electronics field. It has successfully introduced many UK technology
companies to Japan helping them to achieve significant business transactions and continued business growth. The ELJ
team includes experts who have worked at director level for some of Japan’s leading household electronic OEM
names, in engineering and business management roles. ---ends--- About Mirics
Mirics Semiconductor Inc. is a start-up RF and mixed signal fabless semiconductor company
delivering innovative solutions for the mobile broadcast receiver market. Founded in 2004 and based in Hampshire,
UK, Mirics has brought together a strong silicon development team with extensive experience in RF technology,
wireless/algorithms, IP, silicon delivery and system architecture. Mirics’ first commercial product, the
MSI001, is the world’s first true poly-band tuner and represents the most technologically advanced product of
its type. Mirics employs a fabless business model with early stage funding from Pond Venture Partners, Europe's
largest early-stage technology fund. Operating in a market that is conservatively expected to exceed $1 billion by
2010, Mirics is well positioned to gain an important first mover advantage in this rapidly emerging market. www.mirics.com Further information: Ralph Weir, Mirics
Semiconductor, Oakmere, Barley Way, Ancells Business Park, Fleet, Hampshire, GU51 2UT. Tel: +44 (0) 7796 307945.
Email: ralph.weir@mirics.com Website: www.mirics.com Press information:
Chris King, EML, The Albany Boathouse, Lower Ham Road, Kingston, KT2 5BB. Tel: +44 (0)20 8408
8000. Email: mirics@eml.com
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