Quartics Named Innovation All-Star

Quartics Recognized by California Innovation Corridor Partners as 'Innovative All-Star' At Statewide Event


IRVINE, Calif., April 23, 2007 (PRIME NEWSWIRE) -- Quartics, Inc., the premier provider of video processing solutions enabling streaming media over wireless and wired networks, today announced it has been selected as one of California Innovation Corridor's 75 Innovation All-Stars. Quartics will be honored at the two-day California Tech 100 conference, April 24-25, at the Irvine Hilton/Orange County Airport.

The California Tech 100 is endorsed by the California Commission for Jobs and Economic Growth who will acknowledge the top 15 Innovation All-Stars with the California Innovation Award for outstanding leadership in innovation during a special late afternoon ceremony on April 25.

"This award represents our significant achievements over the year," said Safi Qureshey, chairman and CEO of Quartics. "Our PC2TV, USB monitor and media co-processing technologies are positioned to revolutionize video processing and being recognized as an Innovation All-Star validates we're moving in the right direction."

"We believe innovation and entrepreneurship are the drivers of economic growth in California," added Mark Mosher, executive director for the California Commission for Jobs and Economic Growth -- a nonprofit corporation whose members are chosen by the Governor to advise him on how to expand jobs and economic growth in the state. "These Innovation All-Stars are models for our state."

Managed by the California Space Authority (CSA), and administered through the California Labor & Workforce Development Agency (LWDA), the California Innovation Corridor is one of the state's initiatives to foster innovation and includes more than 60 partner organizations throughout 13 counties. Corridor partners reviewed nearly 300 nominees before reducing the list to 75 Innovation All-Stars.

Visit http://www.goldencapital.net/Events/OC_AllStarList.asp for a full roster of Innovation All-Star companies.

About Quartics

Quartics leverages breakthrough semiconductor architectural advantages to provide dominant media processing and media extension solutions for laptop computer and display markets. The company's codec- and transport-agnostic semiconductors enable the flawless transmission of video and audio for wireless PC-to-TV, wireless monitors, PC tuner cards, docking stations, wireless projectors, HD-networked PVRs, and video conferencing. In addition, Quartics provides OEMs and ODMs with complete, low-cost, easy-to-use solutions that they can quickly take to market-including systems on chips (SoCs), software, modules, and reference designs. For more information please visit www.quartics.com.

The Quartics logo is available at http://www.primezone.com/newsroom/prs/?pkgid=2953



            

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