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picoChip signs WiMAX partnership agreement with China GrenTech


5 July 2006 -- picoChip today announced that it has signed a development partnership agreement with China GrenTech (NASDAQ: GRRF). Based on picoChip WiMAX software-upgradeable technology, China GrenTech will develop radio frequency solutions. The two companies will work together in the joint development of complete WiMAX solutions targeted at the wideband wireless access market.

China GrenTech is a leading Chinese telecom OEM company that recently listed on NASDAQ. The partnership will enable China GrenTech to expand its RF product lines to WiMAX base-station RF subsystems. picoChip will benefit from GrenTech’s expertise in RF and power amplifier technologies.

Mr. Xuewei Wu, Vice President of China GrenTech, said: 'We are very delighted that Grentech will now offer RF solutions for WiMAX systems in cooperation with picoChip. This partnership will make full use of Grentech's RF expertise and broaden the company’s RF product chain beyond the 3G/4G application domain. We highly appreciate picoChip’s world-class cooperation and support for which this mutual partnership can only be a win-win scenario for both parties.”

Guillaume d’Eyssautier, President and CEO of picoChip, added,' China is one of the world’s most important wireless markets and picoChip continues to increase its commitment and focus in the region by working closely with strong local partners and government entities. We are committed to the Chinese market, and are pleased to be working with a world-renowned company such as China GrenTech. With this relationship, and our other partners in China, we feel that picoChip’s WiMAX technology and experience will give them a platform to further drive innovation.'

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’s multi-core 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 WiMAX/WiBRO (both 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 UMTS-LTE, 802.20 and TD-SCDMA, and in 4G research. picoChip has a fully equipped development center in Shenzhen to support local engineering activities.

Currently, with first-class RF research and manufacturing techniques, Grentech is the main supplier in mobile communication network coverage optimization equipment. The company will now engage in expanding RF product lines to basestation RF subsystem for 3G, WiMAX and 4G.
+++ends


For further information and reader enquiries:
Rupert Baines, picoChip Designs Limited, Tel: +44 (0)1225 469 744; E-mail: rupertb@picoChip.com
Fax: +44 (0)1225 469 767; Web: www.picoChip.com

Oliver Davies, Publitek Limited; Tel: +44 (0)1225 470 000; E-mail: oliver.davies@publitek.com


About picoChip
picoChip, located in Bath, England, is dedicated to providing innovative, flexible wireless solutions to help equipment makers minimize time-to-market, costs, and system power consumption.

The heart of the company’s offering is a scaleable, multi-processor baseband IC that combines the computational density of a dedicated ASIC with the programmability of a traditional high end Digital Signal Processor. This radically reduces both development time and materials cost and enables the strategic goal of the “Software Defined Radio”. The company has the most comprehensive reference designs in the industry, with complete, standard-compliant solutions for both UMTS (including HSDPA) and WiMAX (802.16d upgradeable to 802.16e). www.picochip.com


About China GrenTech
China GrenTech, located in Shenzhen, China, is a hi-tech enterprise dedicated in r


Publisher Contact Information:

picoChip Designs Limited
+44 (0)1225 469 744
rupertb@picoChip.com

Company profile of picoChip Designs Limited
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