Company Opens Specialized Design Center in Munich, Germany
Lustenau Austria - March 12th, 2003 - NewLogic Technologies, a worldwide leading supplier of intellectual property (IP) cores and design services for wireless technology, announced today the opening of their new design center in the heart of Munich, Germany.
With this new design center, NewLogic Technologies plan to extend their current product and technology offering of Bluetooth and wireless LAN solutions with investments in the new 4G wireless technologies, which offer a lower cost and/or higher performance alternative to 3G systems. With a 4G solution it is possible to integrate different modes of wireless communications from indoor networks such as wireless LANs and Bluetooth , to cellular, to radio and TV broadcasting or to satellite communications. The new 4G technologies allow a seamless merger, so that users of mobile devices can roam freely from one standard to another.
Within the wireless industry, 4G digital IP-based high-speed cellular systems are anticipated to account for 14% of total mobile wireless data revenues in 2007 and 50 million subscribers by the end of 2007. It has also been forecasted that 4G infrastructure sales could reach up to $5.3 billion during 2007.
"We see the opportunities afforded to the Semiconductor and Silicon Intellectual Property industry through 4G wireless solutions to be huge in the next few years", says Hans Peter Metzler, President and CEO of NewLogic Technologies.
With the opening of the Munich Design Center, NewLogic is now present in all major semiconductor sites. The center boasts initially a staff of 12 highly experienced design-engineers and systems architects under the direction of Axel Jahnke, Manager.
"The opening of a Design Center in Germany is a continuation of our strategy to develop local representative offices in our key markets. For us, the decision to base the Design Center in Munich was an easy one due to the available infrastructure as well as the proximity of a vast resource of qualified design specialists", says Axel Jahnke.
"With the Design Center located in Munich, NewLogic will have direct access into the center of mobile wireless technology possibilities", adds Hans Peter Metzler, "which will be important in the near future, as we see 4G wireless technologies come to the fore."
About NewLogic Technologies
NewLogic Technologies, headquartered in Lustenau, Austria, is a leading global supplier of Bluetooth and 802.11 Wireless LAN intellectual property cores as well as IC design services. In addition NewLogic offers IP integration services to help its customers achieve their aggressive time to market goals.
All Trademarks are the property of their respective owners. Bluetooth is a trademark owned by the Bluetooth SIG, Inc. and licensed to NewLogic.