Cycleo to Partner with Japan's leading IP distributor, Spinnaker Systems

Grenoble, Fr & Yokohama, Jpn - January 19, 2010 – Cycleo SAS, provider of innovative semiconductor IP targeting wireless long range applications, today announced the appointment of Spinnaker Systems Inc as its distributor in Japan. Spinnaker, a PALTEK Group company, will be responsible for sales and front line support of Lora™ IP family from Cycleo.

"We are very pleased to be a partner of Cycleo," said Toru Katagiri, president and chief executive officer of Spinnaker. We have established strong relations with customers in the wireless and consumer markets where we see a significant need for innovative wireless IP. The introduction of Cycleo IP is well timed to meet the needs for wireless long range low power applications. Initial response from Japanese customers has been very encouraging so far.»

“We are proud to enter a partnership with the leading IP distributor in Japan," said Francois Hede, C.E.O of Cycleo. “Japan is a very important region for Cycleo with a very advanced technology and a great openness to enabling innovations. With its reputation for delivering compelling solutions to a demanding designers community, Spinnaker is a key partner for introducing our innovative wireless long range Lora IP to the Japanese market.

Wireless long range, low power is a key technology addressing next generation of devices targeting promising AMR, machine to machine and handset to device market segments. Cycleo recently introduced Lora™ an innovative semiconductor IP, designed to enhance range of wireless systems by a factor of 10 to 30 without changing device BOM (Bill of materials). Lora™ is a digital only IP replacing existing modems taking radio sensitivity to unprecedented levels.

About CYCLEO

Cycleo is an intellectual property (IP) and design solutions provider dedicated to the wireless world. Based upon a disruptive patented technology, Cycleo’s semiconductor IP allow chip designers to achieve unprecedented low power long range wireless communications at minimal cost. The company targets machine-to-machine (M2M), automatic meter Reading (AMR) and handsets to devices markets segments. Cycleo is based in the Grenoble area, France. For more information, visit: http://www.cycleo.net

About Spinnaker Systems

Founded in 1995, Spinnaker Systems Inc. has marketed many EDA tools and semiconductor Intellectual Properties (SIP) in Japan and has vast experience in the sales and support of various EDAs and IPs. Since 2000, Spinnaker has been 100% subsidiary of PALTEK Corp. (JASDAQ: 7587), one of major distributors of Xilinx PLD/FPGA. Spinnaker Systems is based at Shin-Yokohama Fujika Bldg.8F, 2-5-9 Shin-Yokohama, Kouhoku-ku, Yokohama-shi, Kanagawa, Japan. For more information, visit: www.spinnaker.co.jp