MediaTek Licenses Coresonic DSP Architecture

STOCKHOLM – February 10, 2011 –Coresonic AB, a leading innovator of digital signal processor technology today announced that MediaTek Inc., a leading fabless semiconductor company for wireless communications and digital multimedia solutions, licenses its SIMT™ DSP architecture. Through this cooperation, MediaTek is enabled to develop, manufacture and sell wireless communications products based on Coresonic’s technology and patents around the world.

“Coresonic’s DSP architecture is built on several new innovations that reduce the complexity of modern wireless systems design,” said MediaTek. “With its smaller footprint and higher degree of scalability, it facilitates very effective high-performance baseband designs.”

“As a fast growing market leader, MediaTek is an important partner for Coresonic and we deliver our full architecture for their product development,” said Johan Lodenius, CEO, Coresonic. “We look forward to continue to deepen our relationship and work closely with MediaTek to enable chipsets that have a distinct edge over their competition.”

About Coresonic AB.

Coresonic AB is a Swedish company developing digital signal processor (DSP) technology for the wireless industry. Based on break-through research, Coresonic has developed a new, patented, SIMT™ DSP architecture optimized for wireless baseband that enables very small, power-efficient and scalable modem chipsets. The company provides its technology as an architecture license or as silicon IP cores. Founded in 2004, privately held, Coresonic is headquartered in Sweden with offices in Linkoping, Stockholm and Beijing. More information can be found at www.coresonic.com.