ChipX and Recognetics Partner to Deliver Pattern Recognition ASIC for Security, Data Mining and Imaging Applications

Update: GigOptix, Inc. Announces Acquisition of ChipX (November 10, 2009)

ChipX and Recognetics celebrate first-time working silicon success of 10M gate neural network design

Santa Clara -- December 17, 2007 – ChipX, Inc, a mixed-signal ASIC company with the broadest ASIC offering, today announced the successful implementation of a complex, 10 million gate design for pattern recognition using Recognetics’ neural network technology.

The new device, Recognetics’ CM1K is a powerful neural network chip featuring 1024 neurons working in parallel that can be daisy-chained to other CM1K devices to increase the network size. It is an ideal companion chip for smart sensors and cameras and can classify patterns at high speed while coping with ill-defined data and unknown events, and adapting to changes of contexts and working conditions.  This solution is used in markets such as security, data mining, imaging, robotics, manufacturing and others.

Recognition time of a 256-byte vector is achieved in less than 10us while operating at 27MHz, keeping power consumption of the device very low.   The device uses 3.3V and 1.2V supplies and dissipates only 300mW.  CM1K can extract 1D signatures from 2D camera data.

 “The ChipX engineering team was instrumental in making our dream a reality”, said Wo Lin, President of Recognetics.  “The team worked diligently to achieve the CM1K’s performance, power and cost objectives and we are delighted with the results.”

 “We are excited about Recognetics’ breakthrough technology and its potential use in a variety of pattern recognition applications”, said Elie Massabki, vice president of marketing at ChipX.  “The first time successful implementation of this complex design demonstrates once again the strong capabilities of ChipX’s ASIC team.”

The CM-1K is sampling today and a variety of demonstration and implementation platforms are available from Recognetics directly. For further information about the CM-1K, please refer to www.recognetics.com.  For information about ChipX ASIC capabilities, please visit www.Chipx.com.

About ChipX
ChipX, Inc. is a mixed-signal ASIC company with the broadest offering of value-added ASIC solutions, including Standard Cell, Structured ASIC,  Embedded Array and Hybrid ASIC technology.  ChipX has unique expertise in PCI Express, USB 2.0, DDR/DDR2 and data conversion mixed-signal cores; all are silicon proven and certified and  can be integrated in customers’ ASICs with record first-time to market success.  ChipX products are widely used in consumer equipment, computing peripherals, communication systems, instrumentation and industrial control, medical equipment and military/aerospace systems.  Headquartered in Santa Clara, CA, ChipX is a privately held corporation, with a Research and Development subsidiary in Israel. Investors include Elron Electronic Industries, Ltd. (NASDQ: ELRN), VantagePoint Venture Partners, Wasserstein Venture Capital, UMC and Needham Capital Partners.

About Recognetics
Recognetics is the leading provider for fully parallel, high performance pattern recognition semiconductors based on the CogniMem neural network patented technology. Recognetics supplies standard and custom modules designed around CogniMem and suitable for signal processing, speech and image recognition, data mining. For more information about Recognetics, visit http://www.recognetics.com.