Jennic receives £1.5 million DTI grant to fund further growth
Sheffield, UK -- November 28, 2005: Jennic has announced it secured a DTI (Department of Trade & Industry) grant of £1.5 million. This funding will be used to establish further growth and support volume manufacturing of the company's products for wireless sensor networks. In order to fulfil this the company expects to recruit further engineering, manufacturing and field support staff in the UK.
Jim Lindop, CEO of Jennic, commented, "We are pleased that the Government has recognized our company's potential by awarding this grant. We have developed our first key product, invested in manufacture and test processes, and opened up regional offices in Asia, Japan and the Americas to drive sales in key wireless markets. Hence this latest funding will assist in boosting our infrastructure and support as we grow our customer base."
The DTI grant was secured with the assistance of Sheffield First for Investment, the inward investment agency for Sheffield.
About Jennic
Jennic is a fabless semiconductor company leading the wireless connectivity revolution into new applications. Its expertise in systems and software combined with world class RF and digital chip design provides low cost, highly integrated silicon solutions for the low power short range wireless data market with a focus on the IEEE802.15.4 and ZigBee standards. The company's products include state-of-the-art low power wireless microcontrollers, software, modules and low cost development platforms. Headquartered in Sheffield, UK, and employing over 70 people, Jennic is privately held and has a track record of successful silicon chip development for wireless applications over the last nine years.
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