CML Microsystems PLC New Customer Announcement
07 March 2017 - 12:39AM
RNS Non-Regulatory
TIDMCML
CML Microsystems PLC
06 March 2017
06 March 2017
CML Microsystems Plc
New Customer Announcement
CML Microsystems Plc, ("CML" or "the Group"), which designs,
manufactures and markets mixed-signal and Radio Frequency (RF)
semiconductors, primarily for global communication and solid state
storage markets, is pleased to announce that its wholly owned
subsidiary, Hyperstone GmbH, has today announced its first
design-win with Micron Technology, Inc., a world leader in
innovative memory solutions.
Hyperstone's USB 3.1 Flash Memory controller solution, U9, has
been designed into Micron's new eU500 embedded USB module, an
embedded solid state storage solution aimed at networking, telecoms
and industrial Internet of Things (IoT) markets. The Micron product
is being launched at the upcoming Embedded World Show in Nuremberg,
Germany, from 14 - 16 March 2017.
Group Managing Director of CML Microsystems Plc, Chris Gurry,
stated: "The combination of Hyperstone's latest flash memory
controller and Micron's world leading NAND flash memory solution is
a formidable one, leveraging the core strengths of each company.
Hyperstone's U9 is compatible with current and next generation
flash memory technologies whilst offering class-leading performance
within demanding industrial application areas."
The full Hyperstone press release can be found at
https://www.hyperstone.com
The full Micron press release can be found at
http://investors.micron.com/releasedetail.cfm?ReleaseID=1015912
CML Microsystems Plc www.cmlmicroplc.com
Chris Gurry, Group Managing Tel: +44 (0)1621 875
Director 500
Neil Pritchard, Group
Financial Director
Cenkos Securities plc Tel: +44 (0)20 7397 8900
Alex Aylen (Sales)
Max Hartley (Corporate
Finance)
SP Angel Corporate Finance Tel: +44 (0)203 463 2260
LLP
Jeff Keating
Alma PR
Josh Royston Tel: +44 (0)7780 901979
Robyn McConnachie Tel: +44 (0)7540 706191
About CML Microsystems PLC
CML designs and develops semiconductors for the industrial
storage and communications markets. The Group utilises a
combination of in-house and outsourced manufacturing and has
trading operations in Europe, the Far East and the USA. CML targets
niche markets with strong growth profiles and high barriers to
entry. It has secured a diverse, blue chip customer base, including
some of the world's leading telecoms equipment providers and
industrial product manufacturers.
The spread of its customers and products largely protects the
business from the cyclicality usually associated with the
semiconductor industry. Growth in its end-markets is being driven
by factors such as the ever-increasing trend towards solid state
storage devices in the commercial and industrial sectors, the
upgrading of telecoms infrastructure around the world and the
growing prevalence of private commercial communications networks
for voice and/or data communications linked to the industrial
internet of things (IIoT).
The Group is cash-generative, has no borrowings and is dividend
paying.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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