AUSTIN, Texas, May 15 /PRNewswire/ -- The Company: Cygnal develops,
manufactures and markets advanced in-system programmable, mixed signal
system-on-chip products that integrate high performance digital and precision
analog functions with FLASH memory on a single die. Founded in March 1999,
Cygnal's focus is embedded mixed-signal integrated circuits that fulfill the
promises of flexibility, cost-effectiveness and fast time-to-market.
Market Opportunity: The Company's products typically displace multiple
chips from various microcontroller and analog component vendors. Cygnal's
total available market is $11.5B with a 23% CAGR, according to the latest
Dataquest estimates. The first products were introduced in July 2000.
Revenue projections are $3-5M, $18-24M and ~$50M, in 2001, 2002 and 2003,
respectively.
Product Roadmap: The Company's growing family of C8051Fxxx mixed-signal
controllers address a wide range of embedded control applications. Typical
applications include DWDM laser control systems, embedded Internet devices,
medical instrumentation, industrial control systems, smart environmental
sensors, automotive systems and many others. Future product families will
integrate digital signal processing engines, user-programmable logic and
additional precision analog functions. To facilitate shortest possible
customer design-in cycles, the Company supports its products with
comprehensive, low cost development kits, which contain all of the necessary
hardware and software to completely implement the end application.
Proprietary Position: Keeping pace with the rapidly changing high-tech
marketplace demands complete solutions: products, tools, and support.
Bringing to market solutions comprising both precision analog and digital
processing technology enabled by low cost development systems requires a team
adept in complex architecture design, design methodology, mixed-signal
expertise and execution speed. The Cygnal team has demonstrated these skills
by quickly delivering high quality solutions to market to meet customer's
needs. Additionally, Cygnal has been granted one patent and an additional
16 patents are pending. The Company's broad-based revenue model, rapid
product definition and deployment methodologies and the highly technical
nature of the end products coalesce to form significant barriers to
competition.
Funding and Milestones: Cygnal has received $15M of venture capital
funding in two rounds and used the funds to build the infrastructure, launch
the inaugural product, and develop three additional product platforms. The
Company is currently seeking to raise $15M in a third round of venture
financing. These funds are needed to fund operations until the Company
reaches profitability and positive cash flow.
Management Team: Cygnal has an experienced management team with over
100 years of combined industry experience.
For more information contact Scott Schaefer, CFO at (512) 327-7088
extension 216 or email to sschaefer@cygnal.com.
SOURCE Cygnal Integrated Products, Inc.
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Related links:
http://www.thecapitalnetwork.com
http://www.cygnal.net
CONTACT:
Don Alfano, VP of Marketing of Cygnal
Integrated Products, Inc., 512-327-7088, ext. 205
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