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Nujira Secures $7.75 Million in Series A Funding
Financing to Expand Engineering and Business Development Activities


1 August 2005, Cambridge, UK – Nujira Ltd, the Cambridge based company developing advanced power amplifier technology for the wireless industry announced today that it has closed a $7.75 million Series A funding round. The round was co-led by 3i and Amadeus Capital Partners, who was the lead seed investor. The round included further investment by the existing investors Cambridge Gateway Fund, Cambridge Capital Group and the Cambridge Angels.

Power amplifiers are essential building blocks for wireless communication networks as they are found in every cellphone and cellular base station and are critical to the transmission of all wireless signals. Nujira has established itself as a key player in an industry currently undergoing fundamental changes as a result of the increased use of sophisticated modulation schemes. Nujira’s high power High Accuracy Tracking (HAT) Modulators for WCDMA, CDMA2000 or WiMAX base stations enable infrastructure and handset OEMs to avoid the reduction in amplifier efficiency normally associated with use of these systems.

“Nujira’s high power HAT technology for very high efficiency power amplifiers presents a compelling solution for 3G cellular base station OEMs,” stated Barak Maoz of Amadeus Capital Partners, who joins the board. “Their HAT Modulators are the cornerstone of OEM’s attempts to achieve 30% – 50% power amplifier efficiency. These levels of performance offer significant cost savings for network operators and system integrators as they seek ways of reducing operating costs while expanding network capacity.'

According to analysts, the cellular base station market is in for a resurgence in the next few years. They predict that the growth in base stations will be driven by 3G, continued growth of subscribers, base station upgrades, and the need for increased cellular network capacity. The number of cellular base station units is predicted to grow from 1.8 million in 2004 to 3.5 million in 2009.

Gabriel Brown, chief analyst with Unstrung, commented, 'There are great opportunities for specialist RF subsystem players in the cellular base station market. In particular, there is huge potential for innovators that can significantly improve upon the efficiency of today’s power amplifiers.”

'Nujira has assembled an outstanding senior engineering and management team with a proven track record. The company is gaining great customer traction and is well positioned to become the market leader in this field,' said Stephen Lowery, 3i director. 3i's Ian Lobley who joins the board, added 'Nujira has anticipated the need for efficiency in emerging wireless standards and, having demonstrated its technology to leading OEMs, is now entering into contracts. As data rates continue to increase and power consumption in infrastructure and devices becomes more of an issue, Nujira's technology offers a path to improved efficiency for manufacturers.'

Tim Haynes, CEO of Nujira added, “We are very fortunate to have the support of such leading venture capital investors. Nujira has made tremendous technical and commercial progress to date. Our prototype products have gained great interest from customers, and the Series A investment will enable us to further build out our engineering and business development teams and take our products into pilot production.”


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About Nujira Ltd (www.nujira.com)

Nujira Ltd was founded by four ex-Symbionics/Tality staff and is lead by Tim Haynes, Managing Director. Nujira develops power amplifier related intellectual property for the wireless communications industry. Nujira’s initial focus is targeted on the Cellular Infrastructure Industry and addresses an ongoing and increasingly important problem of power consumption. Nujira’s IP enables significant reduction in the power consumption of RF transmitters and is ideally suited to battery driven equipment or applications in which power consumption is a major issue.

About Amadeus Capital Partners (www.ama


Publisher Contact Information:

Nujira Ltd
+44 7753 826162
destanie@destaniepr.com

Company profile of Nujira Ltd
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