Last updated on April 24, 2014 at 11:16 EDT

Altair Semiconductor is a Finalist for the 2012 Red Herring Top 100 Europe Award

April 24, 2012

HOD HASHARON, Israel, April 24, 2012 /PRNewswire/ –

Altair Semiconductor (http://www.altair-semi.com), a leading developer of
ultra-low power, small footprint and high performance 4G LTE chipsets
[http://altair-semi.com/products/fourgee-31006200 ], today announced that it has been
selected as a finalist for Red Herring’s Top 100 Europe award, a prestigious list honoring
the year’s most promising private technology ventures from the European business region.

The Red Herring editorial team selected the most innovative companies from a pool of
hundreds from across Europe. Altair was evaluated on both quantitative and qualitative
criteria, such as financial performance, technology innovation, quality of management,
execution of strategy, and integration into the 4G LTE market.

“We are honored to be a finalist for this highly regarded industry award,” said Eran
Eshed, Co-Founder and VP of Marketing and Business Development at Altair. “Altair has a
strong track record in the market with our unique 4G LTE chipsets and it is gratifying to
have received this recognition from Red Herring.”

The award’s assessment of potential is complemented by a review of the actual standing
of a company, which allows Red Herring to see past the “buzz” and make the list a valuable
instrument for discovering and advocating the greatest business opportunities in the

“This year was very rewarding,” said Alex Vieux, publisher and CEO of Red Herring.
“The global economic situation has abated and there are many great companies producing
really innovative and amazing products. We had a very difficult time narrowing the pool
and selecting the finalists. Altair has shown great promise and therefore deserves to be
among the finalists. Now we’re faced with the difficult task of selecting the Top 100
winners of Red Herring Europe. We know that the 2012 crop will grow into some amazing
companies that are sure to make an impact.”

The finalists are invited to present their winning strategies at the Red Herring
Europe Forum in Amsterdam, April 23-25, 2012. The Top 100 winners will be announced at a
special awards ceremony on the evening of April 25.

About Altair Semiconductor

Altair Semiconductor is the world’s leading developer of ultra-low power, small
footprint and high performance 4G semiconductors. Altair’s chipsets can be found in
approximately 30 end-user devices – ranging from USB dongles to smartphones – built by its
more than 15 customers across North America, Europe, China, India and Taiwan – making it
one of the only TDD/FDD LTE chipset manufacturers in the world with commercially available
products. Altair’s comprehensive product portfolio includes baseband processors,
multi-band RF transceivers for both FDD and TDD bands, and a range of reference hardware
and product level protocol stack software. Based on a novel, proprietary Software Defined
Radio (SDR) processor, codenamed “O[2]P(TM)”, Altair’s products are the smallest and most
highly power optimized in the industry, offering an unmatched combination of flexibility
and performance. For more information, visit the company’s website at
http://www.altair-semi.com. Follow Altair on Twitter: @AltairSemi
[http://twitter.com/AltairSemi ]

        Media Contact:
        Finn Partners Israel for Altair Semiconductor
        Matthew Krieger

SOURCE Altair Semiconductor

Source: PR Newswire