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picoChip selected for The Red Herring 100 Europe

Award recognizes the 100 “most promising” firms driving the future of technology

Red Herring today announced that picoChip is a recipient of Red Herring 100 Europe, a selection of the 100 private companies based in the EMEA region that play a leading role in innovation and technology.

Red Herring’s lists of top private companies are an important part of the magazine’s tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay and Skype were spotted in their early days by Red Herring editors as those that would change the way we live and work.

picoChip’s President and CEO, Guillaume d'Eyssautier, commented, “We are honoured to be named in the Red Herring 100. With customers that include Intel, Airspan and other key OEMs for WiMAX, WCDMA and TD-SCDMA we have established our place as leaders in the market. Recognition, such as this Red Herring award and our recent Frost & Sullivan award, affirm that position. Our multi-core DSP is the most powerful device available, and picoChip is proud to be playing a crucial role in enabling next-generation wireless.”

Red Herring’s editorial staff rigorously evaluated more than 700 private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

picoChip provides software defined radio solutions to the key challenges of cost, development time and flexibility for the next generation of wireless systems. The company is the leader in multi-core DSP, and its processors deliver a world-beating price/performance combination. Uniquely, the company also delivers complete, standard-compliant reference designs for UMTS (HSDPA, upgradeable to HSUPA and UMTS-LTE) and WiMAX/WiBRO (802.16d and 802.16e, with support for AAS and MIMO). WiMAX systems using picoChip are available from Airspan, Intel, Ericsson, Nortel, Marconi and a number of other manufacturers. picoChip technology is also being used to develop other advanced wireless protocols such as EVDO, 802.20, TD-SCDMA, and 4G.