London, July 8th, 2010: Imagination Technologies Group plc (LSE: IMG; “”Imagination””), a leading multimedia and communications chip technologies company, announces its support for Government plans for digital radio migration, announced today by culture minister Ed Vaizey.
Imagination sees digital technologies as very strategic to both the industry and the UK as a whole and has been investing significantly in key broadcast and audio technologies. Its communications and processor cores are used in the majority of DAB digital radios, supplied by many brands. PURE, the world-leading radio maker, is a division of Imagination and has been a key force for innovation and progress in this sector.
Says Hossein Yassaie, CEO, Imagination: “”As Europe, Australia and other territories worldwide are now accelerating their plans for digital radio, the UK can be proud to be the leader in the development and roll out of these technologies. As with any new technology deployment, what is most required is certainty to further drive this technology into products across the mobile, consumer and automotive markets. Following this much needed announcement we are confident that our licensing partners in the digital broadcast market, their customers amongst the leading radio OEMs, and our PURE consumer brand, will now be able to implement innovative roadmaps and products in full confidence and at an accelerated pace.””
About Imagination Technologies
Imagination Technologies Group plc (LSE:IMG) – a global leader in multimedia and communication silicon technologies – creates and licenses market-leading processor cores for graphics, video, multi-threaded embedded processing/DSP and multi-standard communications applications. These silicon intellectual property (IP) solutions for systems-on-chip (SoC) are complemented by strong array of software tools and drivers as well as extensive developer and middleware ecosystems. Target markets include mobile phone, handheld multimedia, home consumer entertainment, mobile and low-power computing, and in-car electronics. Its licensees include many of the leading semiconductor and consumer electronics companies. Imagination has corporate headquarters in the United Kingdom, with sales and R&D offices worldwide. See: www.imgtec.com.