Oki electric licences ARM Technology for use in automotive applications

CAMBRIDGE, UK and TOKYO, JAPAN -- July 22, 2002 – ARM [(LSE: ARM); (Nasdaq: ARMHY)], the industry's leading provider of 16/32-bit embedded RISC microprocessor solutions, and Oki Electric Industry Co., Ltd. (TSE: 6703), one of the leading SoC (System-on-Chip) providers in Japan, today announced that Oki has licensed the ARM966E-S™ microprocessor core and the VFP9-S™ vector floating-point coprocessor.

Using ARM® technology, Oki will target automotive applications, where ARM's low power and high-performance microprocessor cores deliver powerful processing capability in functions such as telematics, power train control, body control and anti-lock braking systems. The ARM966E-S core offers a low-cost solution, while still maintaining high performance and low-power consumption. The core features tightly coupled memory (TCM) interfaces, supporting connection to memories with and without wait states, like Flash or SRAM memory. The TCM interfaces connect the core directly to the TCMs enabling deterministic real-time performance. The ARM966E-S core supports a number of real time operating systems (RTOSs) and developers are able to construct efficient debugging environments by connecting to the on-chip ARM ETM9™ Embedded Trace Macrocell. These features enable developers to create robust systems quickly and efficiently, and move them to market in record time.

Oki is planning to develop and market a Microcontroller Unit (MCU) designed around the ARM966E-S core, the VFP9-S vector floating-point coproccesor and ETM9 solution for automotive applications.

"ARM microprocessors are rapidly becoming an industry standard and with the addition of the ARM966E-S core and the VFP9-S coprocessor, we are able to enhance our product offerings and accelerate SoC business," said Katsuhiko Sano, president of the Silicon Solutions Company at Oki Electric. "SoC is one of Oki's one of top business priorities, and ARM microprocessors are an integral part of the business strategy."

"Japan has a long-established reputation in the automotive market built on its ability to keep up with industry trends and maintain innovation in line with the rest of the world's players," said Takio Ishikawa, president, ARM KK. "ARM has cemented a strong position in the automotive industry with a number of Partners already shipping ARM7™ family and ARM9™ family-based products. ARM technology, combined with Oki's expertise in this area, will offer systems developers flexibility and design and support resources enabling them to build market-leading products."

Availability

Oki will ship the first products in the second quarter of 2003.

About Oki Electric

Founded more than a century ago in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, headquartered in Tokyo, Japan. With more than 23,000 employees worldwide, Oki Electric provides customers with top-quality products, technologies and solutions for telecommunication systems, information systems and electronic devices through its corporate vision, "Oki, Network Solutions for a Global Society." Information on Oki Electric and its products is available through its Web site at www.oki.com.

About ARM

ARM is the industry's leading provider of 16/32-bit embedded RISC microprocessor solutions. The company licenses its high-performance, low-cost, power-efficient RISC processors, peripherals, and system-chip designs to leading international electronics companies. ARM also provides comprehensive support required in developing a complete system. ARM's microprocessor cores are rapidly becoming a volume RISC standard in such markets as portable communications, hand-held computing, multimedia digital consumer and embedded solutions. More information on ARM is available at www.arm.com

ARM is a registered trademark of ARM Limited. ARM7, ARM9, ARM966E-S, VFP9-S and ETM9 are trademarks of ARM Limited. "ARM" is used to represent ARM Holdings plc (LSE: ARM and Nasdaq: ARMHY); its operating company ARM Limited; and the regional subsidiaries ARM INC.; ARM KK; ARM Korea Ltd.; ARM Taiwan; ARM France SAS; and ARM China.