SYSTEMONIC LISTED BY TORNADO INSIDER AS ONE OF EUROPE'S TOP 100
START-UPS
Most Promising Companies Named
San Jose, CA and Dresden, Germany (June 27, 2002)
- Systemonic was recently named in the second annual 'Tornado Insider
100' list as one of Europe's top emerging private tech companies.
Systemonic, headquartered in San Jose, California and Dresden, Germany
was founded in July 1999 and provides complete multi-band, multi-protocol
silicon system solutions, powering wireless data, video and voice
networks across standards, across the world.
"We are very pleased that Systemonic and our
Tondelayo family of W-LAN silicon system solutions, that provide
transparent connectivity to information and applications for individuals
and networks, have been recognized by the Tornado Insider,"
said Ruediger Stroh, CEO of Systemonic. "We have a top-notch
team who has developed an extremely competitive product that is
capable of supporting combinations of standards, such as IEEE 802.11a,
802.11b, and other emerging protocols as they are approved and employed,
and we are proud to be recognized as one of the Tornado Inside Top
100 start-ups in Europe."
The list, which will be detailed in the summer issue
of Tornado Insider magazine due in July, will profile Systemonic
and the other 99 most promising and innovative emerging companies
in the European IT and biotech sectors.
"These companies are the elite of Europe,"
said Timothy Weeks, Tornado Insider's Senior Research Analyst. "They
have clearly demonstrated that the technology they are commercializing
today will change the way things are done tomorrow."
The selection of Systemonic and the rest of the top
100 was narrowed from thousands of candidates and judged by the
following criteria:
Delivering an innovation that shows the promise of setting new
standards.
Introducing a major new audience.
Supplying a key piece of the IC infrastructure.
Commanding a significant customer base.
Having the potential to become a global brand or standard.
Influencing a major market.
Receiving a significant amount of funding.
Having a strong valuation for a future IPO.
The companies selected had to also meet the requirement of selling
products that match their marketing promises as well as exhibit
an ability of utilizing their funding in the most effective manner.
Indicative of this years 'follow the money' philosophy, biotech
and Israel were included in this year's list.
About Systemonic Systemonic delivers complete silicon system solutions for the
global wireless communications market.Pioneers in multi-protocol
and multi-band technology, Systemonic's silicon systems deliver
wireless streaming video, data, and voice applications in homes,
offices, and public places. The company's flexible, high-performance
solutions help global computer, networking and consumer product
OEMs speed the deployment of systems, compatible with multiple combinations
of wireless standards, to market. Headquartered in San Jose, CA
and Dresden, Germany, Systemonic also has operations in Maynard,
MA and representation throughout North America, Europe, and Asia.