Pioneer of Embedded Systems Software Poised to Assume Industry Leadership Role
SAN FRANCISCO and PITTSBURGH, March 11 /PRNewswire/ -- Embedded Systems
Conference - The first quarter of 2002 represented the most successful and
active period in TimeSys' history and sets the stage for more changes in the
industry during the months ahead. The company increased the amount of
invested outside capital with a new round of funding from institutional
venture firms and strategic partners. TimeSys' embedded Linux solution has
been enhanced to support some of the leading embedded processor architectures,
and the company entered into OEM partnerships with leading embedded systems
providers.
Commenting on the company's rapid growth and progress, President and CEO
Larry Weidman said, "It would be easy to look back at the first quarter and be
proud of our accomplishments, but our mission was to build a foundation for
dramatic changes in the embedded systems industry, so this is just the
beginning. We are setting new standards by offering the only truly out-of-box
embedded Linux GPL solution and redefining the expectations for performance
and reliability."
Corporate News
Within the past few days, TimeSys completed a $15.5 million round of
financing led by Adams Capital Management, The Hillman Company and strategic
investors Sun Microsystems, Inc., Philips Electronics, and Kyoto, Japan-based
Nissin Systems. In order to execute on the company's new strategy, TimeSys
promoted Manas Saksena to the position of vice president of development, and
Friedman Wagner-Dobler to the position of vice president of engineering. New
additions to the management team include Mike Bauer, new vice president of
product marketing, and Peter Dibble, new distinguished engineer. Mr. Bauer
was previously vice president of product marketing at MarketSoft Corp. Mr.
Dibble was previously Senior Scientist at Microware Systems Inc. and is the
third TimeSys scientist to have membership in the Real Time Specification of
Java Expert Group under the Sun sponsored Java Community Process (JCP).
TimeSys also moved into new corporate headquarters in Pittsburgh's central
business district.
TimeSys has also increased its leadership within the embedded systems
marketplace, as evidenced by its securing of top speaking slots at the
Embedded Systems Conference in San Francisco this week. Vice president of
technology Doug Locke and principal architect Mark Gerhardt will be teaching a
two-part class on "Real-Time Architectures" on Friday, March 15. Also, vice
president of development Manas Saksena will be teaching a class introducing
"Linux as a Real-Time Operating System" on Saturday, March 16.
Product News
For design engineers looking for a low-cost, powerful and reliable
environment for developing embedded systems, TimeSys announced a new product
strategy in which they have unbundled their real-time embedded Linux suite and
are focusing on optimizing their development tools, Linux operating system,
and performance enhancing modules for the most popular embedded boards.
Further minimizing time-to-market, TimeSys is developing board support
packages (BSP) for the most popular embedded boards based on a variety of
processor architectures including PowerPC, ARM, Super-H, IA32 (x86) and
XScale(TM). Each BSP features TimeSys Linux GPL, a fully featured Linux
distribution with the lowest-latency Linux kernel available, distributed under
the GNU General Public License (GPL), proprietary add-on Linux modules for
performance and robustness, certified device drivers, documentation, cross-
platform development tool chain and board-hosted tool chain.
TimeSys provides a complete embedded Linux-based solution for the
following boards:
-- PowerPC: Embedded Planet's RPX-CLLF and EP8260, Motorola MCP750, and
Synergy's VGM5
-- ARM: Cirrus Logic CDB 89712
-- Super-H: Hitachi Solution Engine SH-3 and SH-4
-- Pentium: any Pentium or Pentium-compatible PC
-- Xscale: Intel(TM) IQ80310
Real-Time Specification for Java(TM) (RTSJ)
TimeSys also played an important role in the RTSJ Expert Group, making
significant contributions to the development of the specification. TimeSys'
Reference Implementation for the Real-Time Specification for Java was accepted
by the Java Community Process, providing proof of implementation of the RTSJ
as well as providing the virtual machine required to test a Java technology-
based application against the real-time specification.
Partnerships
TimeSys and Embedded Planet have entered into a partnership to jointly
deliver PowerPC-based single board computers running TimeSys Linux GPL
providing design engineers a complete turnkey development environment.
TimeSys is now Embedded Planet's exclusive provider of embedded Linux
solutions with the EP8260, and EP RPX-CLLF Linux Kits already shipping with
more to come in the near future. TimeSys and Embedded Planet will jointly
market and sell TimeSys' performance enhancing modules, TimeSys Linux/Real-
Time, TimeSys Linux/Net, and TimeSys Linux/CPU. Customers will receive free
60-day evaluation copies of TimeSys' cross-platform development tools:
TimeStorm, a Windows-hosted Integrated Development Environment (IDE),
TimeTrace, a Windows-hosted event tracing visualization tool, and TimeWiz, a
Windows-hosted real-time analysis and simulation tool.
In the next few weeks, TimeSys will be announcing additional OEM
partnerships with other embedded systems providers in order to provide design
engineers with turnkey solutions for a wide range of popular embedded boards
powered by TimeSys Linux.
About TimeSys
TimeSys is a pioneer and leader in Embedded Linux and Java development
technologies. Its products allow design engineers to leverage the power,
flexibility and reliability of a new class of development tools for advanced
embedded systems for a variety of markets and applications, covering the
complete performance range from non-real-time to deterministic hard real-time,
using both open-source and proprietary technologies. TimeSys is considered
the top choice by systems architects for developing more robust, less
expensive, single API Linux solutions for embedded systems. TimeSys was the
first to create a reservation technology that guarantees system response, even
in overloaded systems. TimeSys solutions offer completely predictable and
fast response time performance. For more information about TimeSys, please
visit http://www.timesys.com, email to info@timesys.com or call
1-888-432-TIME.
Sun, Java and all Java-based marks are trademarks or registered trademarks
of Sun Microsystems, Inc. in the U.S. and other countries.
Intel and Intel Xscale are trademarks or registered trademarks of Intel
Corporation or its subsidiaries in the United States and other countries.
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Related links:
http://www.timesys.com
CONTACT:
Media & Analysts: Greg Holt,
+1-412-471-2908, ext. 110, or holt@michaeljames.com, or Michael
Campbell, ext. 108, or Campbell@michaeljames.com, for TimeSys
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