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Last updated on April 24, 2014 at 11:03 EDT

Icera Continues to Grow Mobile Broadband Revenues in Q3 2009

October 13, 2009

BRISTOL, England, October 13 /PRNewswire/ — Icera Inc., the Mobile
Broadband semiconductor company, today announced it has generated a fifth
successive quarter of strong revenue growth during the third quarter of 2009.
Icera’s chipsets are used in high performance, high speed Mobile Broadband
devices such as USB modem sticks and embedded MiniCard modules for notebook
and netbook computers.

Stan Boland, President & CEO of Icera Inc., said: ‘Mobile Network
Operators are specifying our chipsets for Mobile Broadband devices because we
are breaking the rules – aggressively pushing up user data rates whilst
simultaneously pushing down costs. This is made possible by our advanced soft
modem technology which is delivering increased performance on smaller silicon
and therefore more cost effective. Several customers launched Icera-powered
devices at 10.2Mbps during the quarter and we expect the first 14Mbps
European launches in Q4, which we see as a critical node for 2010. Beyond
this, we will sample our first 21Mbps HSPA+ modem software in the next few
weeks, also supporting Release 7 features, which further improve network
efficiency and user experience, with deployment expected in the first half of
2010.’

Icera’s technology is now shipping on at least ten major networks across
Europe, US, Latin America and Asia. During the next two quarters, not only
does Icera expect to generate further demand for existing products, but the
availability of Icera-based products is set to treble, most of which have
already been pre-selected by European or US mobile network operators. Icera
is owned by Europe’s largest technology venture investors and by employees.

About Icera

Icera is a fabless semiconductor company, pioneering high performance,
low power, soft modem chipsets for the fast growing mobile broadband device
market. Icera technology delivers the highest performance modem solutions for
USB dongles, datacards, laptops, mobile internet devices and smartphones.
Founded in 2002, Icera is headquartered in the UK, with design locations in
the UK, France and the USA, and customer engineering and sales offices in
Asia, Europe and the USA. For more information, visit the Icera web site at
http://www.icerasemi.com.

SOURCE Icera Inc


Source: newswire