Clearspeed Technology Share Discussion Threads

[taylor20] 06/7/2005 14:37

Yes I was amusing myself last month, by ramping up the value of my existing holding by buying more stock - crazy.

Think it will be in the interests of an ordered market, and the company, to increase the liquidity of the stock (either release some of the shares tied up by the original investors, or raise some more capital).

(can only buy 1000 shares online via Comdirect at the moment).

[mdrans1] 06/7/2005 14:25

It would appear that very little volume is required to speed this on up.

[tradx666] 27/6/2005 17:34

You should all also know that I have it first hand that they had a pile of leads 6ft deep from Germany..;-)

they look set to speed along nicely!

regards

T..

[ppowerscourt] 21/6/2005 08:28

Worth a highlighting from news:

"ClearSpeed brings an exciting technology to our new and existing customers and
makes a very interesting proposition for extending the life of existing HPC
Clusters" said Terry Fisher business development manager of Compusys, who today
announced a partnership with ClearSpeed, "The potential is that this technology
will change the way we think about HPC forever."

[taylor20] 21/6/2005 08:17

Cracking RNS this morning:

* Demo of complete system
* Ported to the major applications (BLAS, FFTs, GROMACS, Mathematica and MATLAB)
* Partnership with Compusys
* Close ties with IBM & Intel apparent.

Also note other companies doing well at the conference,

[simon self] 20/6/2005 21:42

Co-processors to accelerate desktop PC to 50 GFlops

By Wolfgang Gruener, Senior Editor

June 20, 2005 - 11:47 EST

San Jose (CA) - Yet another sign that the good old workstation may not be extinct: Clearspeed will demonstrate on Tuesday a co-processor PCI Express add-in card that has promises a floating point performance to 50 GFlops - about 10x the performance of a regular desktop PC.

High-end desktop PCs recently took on the role of the traditional workstation in recent years. Fierce competition in hardware and software pushed speed levels of performance PCs in a region that made it difficult for expensive workstation systems to highlight their added benefits. New innovations however set the workstation apart from a consumer desktop and could be able to bridge the widening gap to supercomputers.


Clearspeed, which has announced co-processor chips for desktop PCs in 2003 and 2004, will announce on Tuesday that it prepares to ship its first production-ready product. The company claims that new chip, named CSX600, is the world's fastest 64-bit floating point processor, delivering a sustained performance of 25 GFlops. CSX600 boards will integrate two processors delivering 50 GFlops. Since the boards follow the single-slot PCI Express standard, there only limitation of the number of boards in a system is determined by the number of available slots. Clearspeed said that two cards, for example, will deliver 100 GFlops.

What makes Clearspeed's card attractive is the fact that it can be installed in an existing computer within minutes and immediately can result in added performance for 32-bit and 64-bit systems. Speed increases however are purely limited to floating point operations and mainly address traditional workstation environments - such as scientific applications in the biological or network simulation segment. According to Clearspeed, enthusiasts can also take advantage of the added performance, especially with professional audio and precision rendering software. Per card, such applications can gain about 5x to 10x in speed, the company said.

The CSX600's real estate consists about half of logic and half of memory. The 128-million-transistor chip is built in a 130 nm process and integrates 96 cores with a clock speed of 250 MHz. The low clock speed allows keeping power consumption down at about 10 watts per chip and 25 watts per board, according to Clearspeed. CSX600 boards also offer two banks for DDR2 memory per processor - totaling in 4 GByte of DDR2 per board. On-chip memory bandwidth is rated at 200 GByte per second.

Clearspeed said it will be shipping CSX600 boards this fall, but declined to comment on a price. "Competitive pricing" and "negligible investment for corporations" were the most detailed answers we got. The question however remains who the competitors of the CSX600 in fact are. If the company considers traditional high end workstations as competition, then such boards may become available in the low four-figure range. If the competition are other revival workstations such as Orion Multisystems' computers than such cards are unlikely to be priced below $10,000.

[taylor20] 17/6/2005 08:22

Cheers Simon, 4 months without an FD is stretching it a bit. Also notice they are still recruiting heavily for technical support & dev. jobs.

MM's very short of stock at the moment, any rumours?

[simon self] 17/6/2005 08:18

SHARE IN THE SUCCESS OF A HIGH GROWTH BUSINESS



Chief Financial Officer - Bristol - £Six Figure Package + 50% Salary in Share Options

With a global customer base, ClearSpeed Technology Plc is a dynamic and innovative semiconductor company focused on the design of microprocessors and related products that offer significant increases in the performance of computers and other digital systems.

Since our admission to AIM in 2004 the business has developed significantly, and this year will launch one of the world's highest performance processors, the CSX600. This will be the first commercial processor to be delivered to the market, and is set to propel the company into an exciting new phase of rapid growth, transforming us from an R&D centre to a fully fledged highly functioning business.

To support the changing shape of our organisation through this phase, we are currently seeking a highly commercial finance executive who will contribute towards our strategy for success, whilst acting as an agent of change.

Working closely with the Chief Executive and other board members, you must possess the experience and credibility required to represent the business at shareholder, investor and City meetings. Experience of working in transaction services including mergers, acquisitions and refinancing is essential as are your strong financial and operational skills.

With a proven track record gained in a high growth arena, preferably in the technology sector, you will possess a strong familiarity with identifying and implementing the business systems and controls needed to support our rapid growth and global evolution. A Chartered Accountant, you will be able to fulfil the day-to-day legal and accounting requirements of a publicly listed company. Experience of operating in international markets, including the US, would also be a distinct advantage.

This is a truly outstanding opportunity to share in our success. To apply please email a full CV with cover letter and remuneration details to [e-mail]. For further information, please go to our website at www.clearspeed.com or contact our retained consultant Tracey Hughes at Grieves Pryce Executive Resourcing on 0117 310 1372, Trym Lodge, 1 Henbury Road. Westbury-on-Trym, Bristol BS9 3HQ.

[jknapp] 28/4/2005 12:51

Cheers Taylor. Much appreciated!

[taylor20] 27/4/2005 17:24

It means CSD are just as slack at reporting notifiable interests to the stock market as all other companies? ;-)

It also means that a hefty proportion of the shares are held by Institutions, CTG, Directors & Staff (over 70%) - hence the volitility.

Hopefully also means that there is growing interest in the company (from an investment point of view) from the States?

[jknapp] 27/4/2005 14:12

Am new to this, but what does anyone think about the announcement yesterday that the Company received notification on 13 April 2005 from Fidelity Investments Limited that Fidelity International Limited ("FIL") and its direct and indirect subsidiaries have a non-beneficial interest in 1,290,000 ordinary shares in the Company?

[taylor20] 26/4/2005 12:03

The house broker, KBC Peel Hunt, published a suitably bullish update today.

[tradx666] 26/4/2005 10:11

For what it's worth, I hear rumblings of a solid win deal with a supercomputer manufacturer.....

Guesses on a postcard please..!


regards to all..

T..

[simon self] 22/4/2005 13:14

ClearSpeed Technology plc
22 April 2005


CLEARSPEED TECHNOLOGY PLC

Purchase of shares by a director


On 21 April 2005, ClearSpeed Technology Plc ("ClearSpeed" or the "Company") was
informed that John Hart, a non-executive director of ClearSpeed, had that day
acquired 8,919 ordinary shares of 1p each in the Company at a price of #2.00
each. These shares were acquired by the Company on behalf of John Hart in
respect of his remuneration for the 9 months ended 31 March 2005. Details of
this purchase and John Hart's enlarged shareholding are set out below:

No. of ordinary % of issued Enlarged % of issued
shares acquired ordinary share holding of ordinary share
capital ordinary shares capital

John Hart 8,919 0.03% 8,919 0.03%

[taylor20] 22/4/2005 08:17

ClearSpeed and Jungo Use the AMD Opteron Processor Platform to Develop 64-Bit Linux Drivers; Companies Collaborate to Accelerate Applications on Workstations and Servers

LOS GATOS, Calif. --(Business Wire)-- April 21, 2005 -- ClearSpeed Technology (LSE:CSD), developer of high-performance, low-power, programmable microprocessor solutions, along with Jungo Software Technologies, provider of the WinDriver PCI/USB driver development toolkit, today announced the enabling of 64-bit Linux support for Jungo's WinDriver on AMD Opteron(TM) processor-based platforms.



"We're proud to be partnering with Jungo in fully endorsing 64-bit computing," commented Mike Calise, ClearSpeed president. "Their optimized drivers will enable 64-bit and multi-core systems to take full advantage of ClearSpeed's CSX600 processor in High Performance Computing."

As the industry continues to shift to pervasive, mainstream x86-based 64-bit computing and multi-core environments, ClearSpeed will continue to work closely with AMD (NYSE:AMD) to ensure that its co-processors take advantage of all the performance potential AMD64 computing has to offer.

"The AMD Opteron processor made possible native, simultaneous 32- and 64-bit computing on conventional systems, paving the way for new HPC and high-end enterprise applications," said Omry Ben David, sales and marketing manager, software tools division for Jungo Software Technologies. "We're delighted to have collaborated with ClearSpeed to offer a 64-bit version of WinDriver Linux, optimized for the AMD64 platform, a solution that will enable quick development of drivers for products such as the ClearSpeed CSX600."

Those already using high-performance math libraries such as AMD's Core Math Library (ACML) will be ideally positioned to benefit from ClearSpeed's plug-and-play approach to acceleration. ClearSpeed's co-processors offload computationally intensive calculations from the host processor by dynamically intercepting calls to standard libraries such as BLAS and FFTW.

"ClearSpeed's technical innovation brings high velocity acceleration to the AMD64 platform for high-performance computing applications," said Pat Patla, director, server/workstation marketing, Microprocessor Solutions Sector, AMD. "ClearSpeed co-processors are complementary to single and multi-core AMD64 solutions and enable significant acceleration in High Performance Computing applications for workstations and servers powered by the AMD Opteron(TM) processor with Direct Connect Architecture."

The newest ClearSpeed product, the CSX600 will offer 64-bit, IEEE 754 double-precision floating point reaching 50 GFLOPS peak and 25 GFLOPS sustained (DGEMM) running at just five watts. Initial applications are expected to be in life sciences, financial modeling, geophysical computation, and scientific computing, among others.

About ClearSpeed

Established in 1997, ClearSpeed Technology is a semiconductor company focused on delivering high-performance co-processors to be used alongside general-purpose processors in the world's most compute-intensive applications. ClearSpeed's advanced multi-threaded array processing technology provides the ability to significantly accelerate data-intensive applications at extremely low power. Products include chips, boards, software tools, applications and support. ClearSpeed has offices in Los Gatos, Calif., and Bristol, UK, and has over 40 patents granted and pending. For more information on ClearSpeed, visit www.clearspeed.com.

About Jungo Software Technologies

Jungo Software Technologies is a leading supplier of driver development tools, hardware access applications, embedded USB solutions and residential gateway software. Jungo has partnered with leading operating system and silicon vendors to provide the best solutions to software and hardware developers. Jungo is a privately held company with corporate offices in San Jose, Calif., sales and support offices in Taipei, Texas and London and an R&D center in Israel. Founded in 1998, Jungo's investors include Conexant Systems, Infineon Ventures, Intel Communications Fund, Partech International and TeleSoft Partners. Find out more at www.jungo.com.

WinDriver Linux 64-bit for AMD Opteron(TM) evaluation version will be available April 26 on Jungo's Web site, while the beta release can be requested via [e-mail].

[tradx666] 21/4/2005 19:39

simon,

interesting move on the advisory board...makes their first direction absolutely clear, and exactly as I suspected. Good to see old David May still around..he is very well respected within the HPC community..even if he is getting a bit long in the tooth!

I expect to see 'win' news in the not too distant future..

regards

T..

[simon self] 21/4/2005 19:09

Can jump very quickly on low volume as experienced today.
This is because 87% of the 30 or so million shares in issue are closely held and will not be traded. Which leaves only about 3.5 million for trading on the open market.
In my opinion this could be a winner if everything goes to plan, but needs to be watched as any negative vibes will send it plunging back down again as fast as it goes up on good news!

[ppowerscourt] 21/4/2005 16:58

up 28p on results announcement.

[mujahid2] 21/4/2005 11:23

is it worth a punt?

[simon self] 21/4/2005 10:17

LONDON (AFX) - ClearSpeed Technology was well supported, climbing 18 pence
to 196-1/2 as the AIM-listed semiconductor group reported wider full-year
losses, but said it is on track to meet the expectations it set out at the time
of its 10.2 mln stg flotation last July.

[taylor20] 20/4/2005 08:19

ClearSpeed Announces Company Advisory Board; Group to Analyze and Counsel the Company on Industry Trends

LOS GATOS, Calif. --(Business Wire)-- April 19, 2005 -- ClearSpeed Technology Plc (LSE:CSD), a developer of high-performance, low-power, programmable microprocessor solutions, today announced the establishment of its advisory board and the appointment of five members to that board.

Genesys

"The advisory board brings significant industry experience, leadership and knowledge to ClearSpeed," said Tom Beese, chief executive officer of ClearSpeed. "This group will enhance our ability to identify and capitalize on trends within the emerging HPC co-processor industry."

The advisory board is comprised of experienced industry leaders:

-- Mr. John Hart, the chair of the board and a non-executive director of the company, who is the former chief technology officer and senior vice president of 3Com Corporation.

-- Mr. Shahin Khan, vice president and chief marketing officer of Azul Systems and former vice president of High Performance and Technical Computing at Sun Microsystems.

-- Dr. David May, professor and head of computer science at Bristol University, (United Kingdom) whose current research includes microprocessor architecture and system design and verification, and who was elected a Fellow of the Royal Society in 1990 for his contributions to computer architecture and parallel computing.

-- Dr. Vijay Pande, assistant professor of chemistry and structural biology at Stanford University, whose current research focuses on the development and application of novel simulation techniques to address problems in chemical biology, and who has won numerous awards, including being named to the Massachusetts Institute of Technology list of top young innovators of 2002, a Frederick E. Terman Fellowship in 2002 and a Henry and Camille Dreyfus Teacher-Scholar in 2003.

-- Mr. Deven Verma, general partner of Redwood Ventures and Edgewood Ventures, former senior vice president of Loral Corporation, and was previously involved in the forging of a relationship between India and the United States in space technology.

"ClearSpeed's multi-threaded processor architecture brings an exciting design philosophy to numerically intensive applications and uniquely positions the company to add great value to existing systems," said Shahin Khan, ClearSpeed Advisory Board member. "I am delighted to join ClearSpeed's advisory board to help direct the company's efforts in technology development and market acquisition."

About ClearSpeed

Established in 1997, ClearSpeed Technology is a semiconductor company focused on delivering high-performance co-processors to be used alongside general purpose processors in the world's most compute-intensive applications. ClearSpeed's advanced multi-threaded array processing technology provides the ability to significantly accelerate data-intensive applications at extremely low power. Products include chips, boards, software tools, applications and support. The CSX600 is designed as a co-processor to be used alongside general purpose processors in HPC applications. ClearSpeed has offices in Los Gatos, Calif. and Bristol, United Kingdom and has over 40 patents granted and pending. For more information on ClearSpeed, visit www.clearspeed.com.

[simon self] 12/4/2005 11:47

Thanks trad.