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WirelessDevNet.com Press Release
NeoMagic's MiMagic 6 Applications Processor Selected by Pantech & Curitel
SANTA CLARA, Calif., June 1 -- NeoMagic Corporation
(Nasdaq: NMGC), a pioneer in Applications Processors for multimedia-rich
mobile phones, wireless personal digital assistants and other mobile handheld
systems, today announced that Pantech & Curitel will use NeoMagic's MiMagic 6
Applications Processor in a Smartphone with advanced features including 3D
gaming and next-generation video encode and decode.
Pantech & Curitel is the third largest mobile phone manufacturer in Korea.
The company also supplies mobile phones to carriers such as Sprint PCS and
Verizon in the United States, as well as Audiovox in the United States and
internationally, among others. In calendar 2003, Pantech & Curitel shipped
more than 12 million mobile phones worldwide. Pantech, half of the Pantech &
Curitel name, originally provided mobile phones to Motorola, which now owns
16.7 percent of Pantech. Curitel was spun off from Hyundai in 2001.
"Pantech & Curitel believes that its focus on the mid-to-high end of the
mobile phone market is well supported by NeoMagic's product roadmap," said
Youngha Lee, chief technology officer and senior vice president of the
corporate research and development center for Curitel Communications, Inc.
"Pantech & Curitel has expanded market share by offering superior mobile
phones with sought after multimedia capabilities," Lee continued. To stay on
the leading edge, we select partners that are able to deliver the most
advanced low-power multimedia requirements. NeoMagic is such a partner. The
MiMagic 6 has a scalable array processing architecture that is the heart of
its multimedia-rich, low-power solution."
"Pantech & Curitel's understanding of consumer multimedia needs has
enabled the company to grow extremely rapidly," said Prakash Agarwal,
NeoMagic's president and CEO. "Pantech & Curitel has been on the leading edge
of multimedia-enabled mobile phones, first with the announcement of a two
megapixel camera phone and, going forward, with Smartphones that take
multimedia to the next level," Agarwal continued. "We are pleased to have the
opportunity to support Pantech & Curitel's Smartphone platform with our
MiMagic Applications Processors."
About NeoMagic
NeoMagic Corporation, based in Santa Clara, California, enables new
generations of handheld systems with its Applications Processors that are
designed to offer the lowest power, smallest form-factor and best multimedia
features and performance. The Company is a pioneer in the integration of
complex logic, memory and analog circuits into single-chip solutions.
Information on the company may be found on the World Wide Web
at http://www.neomagic.com .
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