Company Logo Monday, October 25, 2010

Sidense Achieves Record Results For FY2010

Best year for bookings ever for fiscal year ending September 30, 2010

Ottawa, Canada – October 25, 2010 - Sidense Corp., a leading developer of Logic Non-Volatile Memory (LNVM) OTP IP cores, announced today that the Company has achieved record annual bookings for the fiscal year ending September 30, 2010. Furthermore, the Company's Cumulative Annual Growth Rate (CAGR) from end of FY2008 to end of FY2010 was a robust 43.51%. 
 
The 2010 fiscal year was very successful for Sidense in several ways. Along with record annual financial results, the Company had a strong fiscal fourth quarter. During this period, Sidense had design wins with several new Tier 1 customers, each with annual revenues of over $1B, and currently has a double-digit list of these prominent accounts. The Company also strengthened its position in fiscal fourth quarter in many key market segments and applications, including automotive, precision analog trimming, HDMI and other audio/video digital interfaces, and SuperSpeed USB 3.0 high-speed interfaces.

"FY2010 was an exceptional year for Sidense, both in our technology advances and in our customer engagements," said Tom Schild, Sidense's VP of Worldwide Sales. "We continue to be the leader in antifuse one-time programmable memory IP, with our patented 1T-Fuse™-based OTP products that have been used by more than 70 customers in over 120 designs."

Based on a one-transistor (1T) bit cell, Sidense's SiPROM, SLP and ULP memory IP macros provide customers with a one-time programmable (OTP), highly secure, very reliable and cost-effective storage solution that is a low-power alternative for many applications currently using traditional mask ROM, Flash and eFuse technologies. Field-programmable Sidense OTP macros provide a means of lengthening product lifetime and increasing product ROI.

About Sidense Corp.

Sidense Corp. provides secure, very dense and reliable non-volatile, one-time programmable (OTP) memory IP for use in standard-logic CMOS processes with no additional masks or process steps required and no impact on product yield. The Company's innovative one-transistor 1T-Fuse™ architecture provides the industry's smallest footprint, most reliable and lowest power Logic Non-Volatile Memory (NVM) IP solution. With over 70 patents granted or pending, Sidense OTP provides a field-programmable alternative solution to Flash, mask ROM and eFuse in many OTP and MTP applications.

Sidense SiPROM, SLP and ULP memory products, embedded in over 120 customer designs, are available from 180nm down to 40nm and are scalable to 28nm and below. The IP is offered at and has been adopted by all top-tier semiconductor foundries and selected IDMs. Customers are using Sidense OTP for analog trimming, code storage, encryption keys such as HDCP, WHDI, RFID and Chip ID, medical, automotive, and configurable processors and logic. For more information, please visit www.sidense.com.

linkback: http://www.sidense.com/Press-Releases/2010/SIDENSE-ACHIEVES-RECORD-RESULTS-FOR-FY2010.html

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