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Chipcon Receives 2005 Technology Leadership Award for Wireless Sensor Network Technology

Feb 28, 2005

OSLO, Norway (February 28, 2005) -- Chipcon AS, a leading provider of high-performance, low-power, low data rate RF ICs and ZigBee solutions, has been awarded the Frost & Sullivan's 2005 Technology Leadership Award for its leadership in Wireless Sensor Network technology.
A Wireless Sensor Network constitutes low power, short-range wireless sensing devices that network amongst themselves to form an ad-hoc multi-hop network. With the standardization of IEEE 802.15.4 and ratification of the ZigBee standard, this field has received a significant new surge and is now realizing many new and innovative applications in home and building automation, industrial automation, health-care, security, and consumer markets.
Chipcon, who has been a pioneer in IEEE 802.15.4 and ZigBee technologies, currently dominates this market and is one of the most active promoters of the technology worldwide. The company also has a strong position within and makes substantial contributions to the ZigBee Alliance. "In 2003 we made a strategic decision to develop and deliver lowest cost highest performance solutions to the emerging market of wireless sensor networking. We have now delivered this technology to over 1,000 companies worldwide," commented Business Development Director, Graham Martin of Chipcon.
Geir Forre, CEO & President of Chipcon adds, "We are very proud to be recognized officially for what we have accomplished within ZigBee and the wireless sensor networking market. Chipcon became the first company to develop a single-chip 2.4 GHz IEEE 802.15.4 compliant and ZigBee-ready RF transceiver and with the recent acquisition of Figure 8 Wireless, the leading ZigBee-ready software provider, we are the only company that can provide a true and complete One-Stop-Shop ZigBee solution. We are better positioned than ever before to stay a leader in this exciting and high growth field, which includes many large global OEMs such as Honeywell, Mitsubishi, Motorola, Philips and Samsung."
Frost & Sullivan's Technology Leadership Award is bestowed upon the company that has pioneered the development and introduction of an innovative technology into the market - a technology that has either impacted or has the potential to impact several market sectors. This award recognizes a company's successful technology development that is expected to bring significant contributions to the industry in terms of adoption, change, and competitive posture. It also recognizes the leadership of the company in the successful promotion of the technology and its continuing impact in technology commercialisation.
Girish Solanki, Manager at Frost & Sullivan states, "In summary, Frost & Sullivan's Award for Technology Leadership recognizes Chipcon for its overall excellence and leadership in wireless sensor network technology development. Its system-on-chip oriented product design has spawned highly integrated low cost solutions, and with a global sales presence and a steadfast focus on selected high-growth application areas, the company shows attractive growth potential."