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FOR IMMEDIATE RELEASE
SiBEAM, Inc. Selected by AlwaysOn as an AO100 Top Private Company Award Winner
Recognized for Leadership in Emerging Technology and Global Business Potential
SUNNYVALE, California – July 23, 2007 - SiBEAM, Inc., a leading innovator of millimeter wave (mmWave) semiconductor solutions and developer of high-speed wireless communications platforms, today announced that it has been selected by AlwaysOn as one of the AO100 Top Private Companies for 2007. The fifth-annual elite AO100 list was compiled by the AlwaysOn editorial panel. In order to be eligible for the AO100 list, companies had to be peer-nominated, with AlwaysOn receiving more than 1,000 nominations from venture investors, investment bankers and other industry experts. SIBEAM, Inc. and the AO 100 Top Private Companies for 2007 will be honored at the AlwaysOn Stanford Summit to be held July 31 – August 2, 2007 at Stanford University. The Stanford Summit is a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. The idea behind the AO100 top private companies list is to identify the most promising entrepreneurial opportunities and investments in the global technology industry. SiBEAM CEO, John LeMoncheck, will present on the AlwaysOn Stanford Summit “Hardware & Infrastructure” CEO Showcase on Wednesday, August 1, 2007 at 1:45 (PT). "Being recognized by the venture capitalist, investment banker and industry analyst communities and in turn by the AlwaysOn editorial board truly validates the founding vision that we have brought to life – to significantly simplify and enhance people’s ability to efficiently view and transport content among a wide range of devices in a wide range of environments," said John LeMoncheck, president and chief executive officer at SiBEAM. "SiBEAM is proud to be listed on the AO100 top private companies list.” SiBEAM was the first to break the barriers of 60 GHz technology in 2005 with the development of working 60 GHz chipsets for non-line-of-sight applications, built using standard CMOS manufacturing techniques. In June 2007, SiBEAM exited stealth mode and announced its vision to transform the wireless landscape by enabling very high-speed wireless applications at higher frequencies with its unprecedented OmniLink60TM wireless semiconductor technology. SiBEAM’s OmniLink60TM delivers true, non-line-of-sight beam steering and A/V connectivity for wireless applications at the 60 GHz band. SiBEAM’s first products will be WirelessHDTM compliant and will be used for wireless, uncompressed high-definition video display. “The 60 GHz band has tremendous potential to deliver an unparalleled wireless multimedia experience by enabling uncompressed high-definition audio and video streaming,” said Jonathan Gaw, research manager of IDC's Consumer Markets. “The 60 GHz band technologies hold the promise of delivering simplified experiences for the consumer and improve upon the ability to efficiently view and transport content among a wide range of devices in a wide range of environments.”
A full list of all the AlwaysOn Top 100 Private Companies can be found on the AlwaysOn Web site at: http://alwayson.goingon.com/permalink/post/15899
About SiBEAM, Inc.
Founded in 2004, SiBEAM is a fabless semiconductor company developing intelligent millimeter wave technologies and leveraging the latest manufacturing methods to meet the demand for high-bandwidth services. SiBEAM is the first to build 60 GHz chipsets using CMOS technology. SiBEAM is a founding member of the WirelessHD™ special interest group and intends to support delivery of the first wireless high definition digital interface for A/V networks, the first of many applications for SiBEAM's innovative technology. For more information please visit: www.sibeam.com
About AlwaysOn
AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print “blogozine” by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants. About The AlwaysOn Stanford Summit: The Stanford Summit is a two-and-a-half-day executive gathering that highlights the significant economic, political and commercial trends affecting the global technology industries. The Stanford Summit features the most innovative companies, eminent technologists, influential investors and journalists in keynote presentations, panel debates and private company CEO showcases. The Stanford Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.
SiBEAM Media Contacts:
Pamela Njissang
Stearns Johnson Communications
Tel: 415/397.7600
Email: pnjissang@stearnsjohnson.com
Lianne Caetano SiBEAM, Inc. Tel: 408/245.3120 x132 Email: lcaetano@sibeam.com
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