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CSD Clearspeed Tech

3.50
0.00 (0.00%)
20 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Clearspeed Tech LSE:CSD London Ordinary Share GB00B01TNC84 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Product Launch

17/06/2008 7:10am

UK Regulatory


    RNS Number : 8602W
  ClearSpeed Technology plc
  17 June 2008
   

    17 June 2008 

    ClearSpeed Technology plc

    Next generation processor and new accelerator boards launched

    ClearSpeed Technology plc ("ClearSpeed" or "the Group", AIM: CSD), a leader in high-performance co-processors for supercomputing
applications, has today launched its next generation processor the CSX700 (previously codenamed "Callanish") and a new Advance* e710
accelerator board at the International Supercomputing Conference in Dresden.

    The CSX700 processor is the world's most energy efficient high performance processor designed specifically for intense computing
applications.  Using ClearSpeed's proprietary parallel processing architecture, the CSX700 delivers very high floating point performance at
an unprecedented performance to power consumption ratio. 

    As a result, the new Advance e710 accelerator board with CSX700 processor delivers almost twice the price/performance of previous
versions of ClearSpeed's accelerator boards, while consuming approximately 30 percent less power. 

    Tom Beese, ClearSpeed Chief Executive Officer commented:

    "We are delighted to have launched our next generation processor and acceleration products on time and at a highly efficient development
cost. 

    "Power efficiency is the key metric for high performance computing applications today, with accelerators being used to complement
standard servers to address the twin issues of power consumption and infrastructure cost.

    "The CSX700 processor extends our leadership in energy efficient processing, whilst the card's high performance, small form-factor and
low power consumption combine to provide unparalleled performance-per-watt, performance-per-square meter, and performance-per-dollar."

    The Advance e710 accelerator board is ideal for customers in high performance technical computing, such as financial analytics, life
sciences, and computational electromagnetics (CEM). These applications demand the utmost in both speed and reliability, and benefit from the
board's robust design and feature set. The Group is also seeing increased interest from the defence industry and related markets.  Early
Advance e710 boards are in use with ClearSpeed customers now, and will be available in volume in Q3 of this year.


    Enquiries:

 ClearSpeed Technology plc                     0117 317 2000
 Tom Beese, Chief Executive Officer
 Andy Kroese, Chief Financial Officer

 College Hill                                  020 7457 2020
 Adrian Duffield/Jon Davies

 KBC Peel Hunt (Nominated Adviser and Broker)  020 7418 8900
 Oliver Scott / Richard Kauffer


    Note to editors 

    ClearSpeed Technology (LSE:CSD) is a semiconductor company that delivers the world's most advanced parallel processing solutions for the
most challenging applications ranging from commerce to science to security. This leadership exists because ClearSpeed is unrivalled in
meeting the most intense processing needs with maximum energy efficiency and full programmability. ClearSpeed's products include chips,
accelerator boards, rack modules, software and support. ClearSpeed has offices in San Jose, California and Bristol, UK and has over 100
patents granted or pending. For more information, visit www.clearspeed.com

    The ClearSpeed Advance* e710 sits alongside conventional computer processors and handles complex mathematical routines, dramatically
increasing the speed of applications.

    At the heart of the Advance* e710 board is a ClearSpeed CSX700 chip, with 192 processor cores that work in parallel to solve complex
mathematical problems. A single CSX700 chip can perform more than 96 billion high-precision calculations per second (96 GFLOPS), whilst
typically using less than ten watts of power - an unprecedented performance ratio unmatched by any rival system.  

    Floating Point is a way of describing big or small numbers in computer language. 64 Bit Floating Point is the recognised standard for
High Performance Computing and refers to the precision at which the calculation is carried out.

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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