Simtek Expands Japanese Distribution With Saint Technology Agreement
April 03 2007 - 6:30AM
PR Newswire (US)
COLORADO SPRINGS, Colo., and TOKYO, April 3 /PRNewswire-FirstCall/
-- Simtek Corporation (NASDAQ:SMTK), the inventor, pioneer, and
world's leading supplier of nonvolatile static random access memory
(nvSRAM) integrated circuits, today announced an agreement with
Saint Technology Corp. to distribute the full line of Simtek
products in Japan. Saint Technology Corp. headquartered in Tokyo,
Japan, was established in 1998 and acts as a specialist Japanese
representative for electronic component manufacturers. Saint
Technology provides strategic technical solutions for targeted
application markets such as, Telecom/Datacom, ATE/Instrumentation,
PC/PDA, Wireless (AV Streaming, LMDS, PCS, Broadcasting) and
Ubiquitous Internet Access. "Expanding our global presence and
customer base is a key initiative at Simtek, and we are very
pleased to further expand our distribution in Japan to include the
footprint of Saint Technology's customer base," said Harold
Blomquist, Simtek President and CEO. "Saint Technology understands
the unique needs of the Japanese nvSRAM market, and we look forward
to working together and benefiting from their expertise." "It is
our great honor to have this opportunity with Simtek -- their
products provide the reliability and performance that our Japanese
customer's solutions require," said Tadami Taniguchi, President and
CEO of Saint Technology. "Simtek's nvSRAM technology fits well into
our overall product portfolio in both the quality and efficiency of
the technology as well as from a pricing perspective. We look
forward to working with them to further expand their distribution."
About Simtek Corporation Simtek Corporation designs and markets
high-speed, re-programmable, nonvolatile semiconductor memory
products, for use in a variety of systems including RAID servers,
industrial automation, GPS navigational systems, robotics, medical
instrumentation, and networking and telecommunications equipment.
Information on Simtek products can be obtained from its website:
http://www.simtek.com/; email: . The Company is headquartered in
Colorado Springs, Colorado. About Saint Technology Corporation
Saint Technology Corp. is a trading company which imports and
distributes both leading edge products and less expensive solution
products to the Military, Industrial, Computing, Consumer and
Mobile markets. The company provides not only semiconductors,
sensors, modules, boards, connectors, cables, but also provides
fabrication services, software and system developing services. More
information on Saint's products can be obtained from its web site:
http://www.saint-tec.co.jp/. Forward-Looking Statements This press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended, including
statements predicting Simtek's future growth. These forward-looking
statements are inherently difficult to predict and involve risks
and uncertainties that could cause actual results to differ
materially, including, but not limited to, projections of future
performance including predictions of future profitability and
expectations of the business environment in which Simtek operates.
For a detailed discussion of these and other risk factors, please
refer to Simtek's filings with the Securities and Exchange
Commission (SEC), including its Annual Report on Form 10-K and
subsequent Form 10-Q and Form 8-K filings. DATASOURCE: Simtek
Corporation CONTACT: Jeremy Cowx, Director, APAC Sales of Simtek
Asia Pacific, +81-52-951-7686, ; or Saint Technology Corp.,
+81-3-5330-6411, ; or Investors, Marie Dagresto or Todd Kehrli,
both of MKR Group, Inc., +1-323-468-2300, , for Simtek Corporation
Web site: http://www.simtek.com/
Copyright
SmartKem (NASDAQ:SMTK)
Historical Stock Chart
From Jun 2024 to Jul 2024
SmartKem (NASDAQ:SMTK)
Historical Stock Chart
From Jul 2023 to Jul 2024