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INN Innovision Res.

34.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Innovision Res. LSE:INN London Ordinary Share GB0030308448 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% 34.75 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Technology Partnership Agreement

30/07/2008 5:03pm

RNS Non-Regulatory


    
  Innovision Research&Technology PLC
  30 July 2008
   
    Innovision and Sasken announce partnership for NFC solution
    Mass volume, integrated, low-cost NFC chips take a step closer to reality, with the partnership of Innovision Research & Technology plc
and Sasken Communication Technologies Ltd. for providing one-stop NFC IP and software solution
    Innovision Research & Technology plc (Innovision) and Sasken Communication Technologies Limited (Sasken) today announced their first NFC
Software Stack partner agreement. This partnership enables Innovision to provide its customers with the Sasken NFC Protocol Stack software
solution, for integration with Innovision's GEM Near Field Communication (NFC) hardware IP solution.

This relationship underscores both companies' mutual strengths and capabilities. Sasken recognized Innovision's unique market-leading
position for custom NFC hardware Intellectual Property (IP) with its GEM* IP offering, whilst the relationship with Sasken further
demonstrates Innovision's approach to providing a complete NFC IP solution for its customers by working with strong partners.

Innovision is recognized as the leading NFC System-on-Chip (SoC) hardware IP provider with its GEM* IP, available under an attractive
licensing programme. 
    This combined IP and software solution will enable semiconductor companies to develop complete NFC capability, either for stand-alone
solutions or as part of System-on-Chip (SoC) integrated NFC solutions within wireless connectivity devices such as Bluetooth, Wireless LAN
and UWB. 
    David Wollen, CEO Innovision, says: "For NFC to scale up into mass volume deployment, cost control is critical and necessitates NFC
becoming a feature on a chip rather than an additional dedicated chip in the handset. Our advanced GEM* IP uniquely enables customized,
cost-effective and fast-time-to-market NFC implementations. By partnering with Sasken, who have demonstrated capability for providing NFC
software solutions, and using GEM* as the baseline hardware solution, we can together offer a truly turnkey solution. I believe this
partnership can help many device and chipset designers to meet the growing demand for high-performance, low-cost NFC-enabled devices and
applications." 
    Sasken is developing its protocol stack, targeted for Innovision's GEM* hardware IP to ensure a uniquely seamless solution. The solution
is targeted for various environments including SoC implementations. The protocol stack supports ISO18092 and ISO14443A/B reader/writer modes
and provides an ETSI HCI compatible interface towards upper layers. The solution is highly configurable and is designed to work on scarce
resources. The software stack, available to partners under a flexible licensing agreement, provides a simple solution, integrating the GEM*
IP to middleware and application levels to provide a low cost, small space solution with minimal processing and power requirement. Wollen
continues "Licensing NFC silicon IP bundled with a custom full NFC software solution, clears the way for semiconductor companies to move to
the next stage of NFC integration within chipsets and devices. It will deliver significant unit cost benefits to implementers of NFC
technology, and accelerate mass-market deployment of NFC. The GEM IP is fully compliant with NFC standards and includes support for advanced features such as 'battery off', Single Wire
Protocol (SWP) and 'zero power in standby' mode. "
    Kannankote Srikanth, President & COO, Sasken added, "When considering prospective hardware partners for our NFC software stack,
Innovision with their GEM IP were an obvious choice, given their market-leading position. Sasken has already been involved with many NFC
projects, and development and licensing of our NFC software stack is a natural progression of our business. Sasken's world class
communications software development skills and commitment to quality, will provide greater confidence to semiconductor companies, for
developing economical yet powerful NFC-enabled devices and applications."
    About Innovision Research & Technology plc 
    Innovision Research & Technology plc (Innovision), is leading the next generation of NFC/RFID solutions. As the leading fabless
developer of Short-Range Data Communication semiconductor and system solutions, with particular focus on NFC/RFID (Radio Frequency
Identification) and ultra low-cost Integrated Circuit (IC) and RF electronic design, Innovision is pushing cost performance to enable
clients to get maximum utility for minimum cost.
    
The company develops innovative semiconductor technologies, ICs, RF systems (HF/UHF) and complete end product applications for mass volume
commercialisation and then licenses customers for its incorporation into their own products.

    At the heart of the emerging Near Field Communication (NFC) market, Innovision designs and develops
    NFC/RFID IC solutions for the global mobile handset and consumer device sectors.
    
Products include Topaz, mandated by the NFC Forum as the NFC number one tag type format, Jewel for
    mass transit ticketing applications, and io, the world's smallest standards compatible Near-Field RFID reader.
    
Headquartered in the UK, Innovision was listed in 2001 on the Alternative Investment Market (AIM) of the
    London Stock Exchange (ticker symbol:INN).

    About Sasken Communication Technologies Ltd.
    Sasken is an embedded communications solutions company, that helps businesses across the
    communication value chain accelerate product development life cycles.

    Sasken offers a unique combination of research and development consultancy, wireless software products, software services and network
engineering services, and works with Network OEMs, Semiconductor Vendors, Terminal Device OEMs and Operators across the world. Global
Fortune 500 and Tier 1 companies in these segments are part of Sasken's customer profile.

    Established in 1989, Sasken employs over 3,500 people at its offices in India, China, Finland, 
    Germany, Japan, Mexico, UK and USA. 

    In addition to being directly involved in the development of a variety of technologies, Sasken is a member of premier technology bodies
including ITU, 3GPP, GCF, MPEG-ISO, WiMAX, NFC, DLNA and ATM, DSL & SDR forums. Sasken is SEI CMM Level 5 certified and its solutions are
backed by ISO 9001:2000, ISO 27001 and TL 9000 certifications. Sasken's commitment to environment is highlighted by its ISO 14001
certification.



    Enquiries:
    Innovision Research & Technology plc                                                                   Tel: 01285 888 200
    David Wollen, Chief Executive
    Brian McKenzie, Finance Director  

    KBC Peel Hunt Ltd (Nominated Adviser and Broker)                                               Tel: 020 7418 8900
    Oliver Scott / David Anderson


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