CAST Inc. and SignalGeneriX Ltd Join the Hellenic Semiconductor Industry Association

ATHENS, Greece, March 28, 2011 /PRNewswire/ -- Today, CAST Inc. (http://www.cast-inc.com) and SignalGeneriX Ltd (http://www.signalgenerix.com) join the Hellenic Semiconductor Industry Association (HSIA - http://www.hellenic-sia.org). With this, CAST, SignalGeneriX and HSIA join forces to help the high tech industry of Southeastern Europe to progress and become a dynamic & credible partner in the global market.

CAST, with its headquarters in New Jersey, USA, develops, sells, and supports semiconductor IP (intellectual property) for electronic system designers. CAST recently announced a new Main Profile H.264 video encoder and a great new platform for the ARM(R) Cortex(TM)-M0 processor. SignalGeneriX Ltd,based in Cyprus, specializes in the development of IP products and processes over a broad range of applications in Digital Signal Processing and Communications. SignalGeneriX's project partners include Siemens, Technicolor (Thomson), CSEM, TWI, NXP, CEA-LETI and Esaote.

CAST and SignalGeneriX joining HSIA marks the continuous integration of the high tech industry in Southeastern Europe with the global semiconductor market. "We know that our HSIA membership will help us grow our profile and business with global players, and create strong synergies with other HSIA members," said Tasos Kounoudes, CEO of SignalGeneriX. "For CAST, HSIA will help strengthen our links with the evolving Greek and South-East European market and give us the opportunity to form more successful partnerships like the one we have with Alma technologies, also an HSIA member," said Nikos Zervas, Vice President of Marketing for CAST.

According to Yorgos Koutsoyannopoulos, HSIA President and Helic CEO, "HSIA members will benefit significantly from the international expertise and IP offering of CAST and SignalGeneriX. "Dionisis Kolokotsas, HSIA General Manager, concludes "Similar to HDL-DH from Serbia, which joined HSIA earlier this year, we believe that CAST and SignalGeneriX will spark greater synergies amongst HSIA members and strengthen our position as a cradle of innovation that brings value to customers around the world."

About HSIA: The Hellenic Semiconductor Industry Association (HSIA) has represented the dynamic Greek high tech sector since 2005. HSIA brings together over 70 companies and research institutes in Greece and abroad. HSIA members serve customers around the world, such as ATT, Brazil Telecom, Broadcom, CERN, Cypress, EADS Avionics, Freescale, Frigoglas, Fujitsu, Goodrich, Intel, Israel Aerospace Industries, Jazz, LG, Lockheed Martin, Mitsubishi, Motorola, NASA, Netlogic, NTT, O2 UK, OKI, Omega, Panasonic, Philips, RFMD, Rockwell Collins, Samsung, Sharp, Skyworks, Sony, T-Mobile, Texas Instruments, Toshiba, Xerox, and others. HSIA is a proud member of the European Semiconductor Industry Association (ESIA)and the Global Semiconductor Alliance (GSA).

About CAST, Inc: The company provides and supports IP cores and platform IP for SoC realization in ASICs and FPGAs. Learn more at http://www.cast-inc.com.

About SignalGeneriX Ltd: The company specializes in the development of IP products and processes over a range of applications in Digital Signal Processing and Communications, particularly in the field of smart sensors, medical systems, defense systems and communications. Learn more at http://www.signalgenerix.com.

SOURCE Hellenic Semiconductor Industry Association, CAST Inc. and SignalGeneriX Ltd