I3 Micro Becomes Tilgin

I3 Micro Technology, provider of IP residential gateways and set-top boxes, is changing its name to Tilgin

March 20, 2006

1 Min Read

KISTA, Sweden -- i3 micro technology, a leading global provider of IP residential gateways and set-top boxes to operators and service providers, announces that it is changing its name today to Tilgin. The new name derives from the Swedish word “tillgång”, meaning access. Changing the company’s name is a necessary step on the way towards increased international focus as well as preparation for the company’s listing plans on the Stockholm stock exchange later this year.

Tilgin employs 100 professionals focused on developing and marketing products for next generation Triple Play solutions deployed by broadband operators and service providers around the globe. Through the Mood series of IP set-top boxes and the Vood series of home gateways for Voice over IP and broadband Internet access, Tilgin has established itself as a leader in the area of high-quality solutions for Triple Play services to the residential market.

Tilgin is targeting traditional incumbents and emerging Telcos, primarily in Europe, Middle East and North America. The company’s business is growing rapidly through the swift deployment of Triple Play technology. Last year’s revenue quadrupled and sales so far this year have continued at a similar pace. According to CEO Jan Werne, shipments are quickly moving from smaller volume field trials to massive large-scale commercial deployments of IP based Triple Play offerings. Part of preparing for continued strong growth, Tilgin also raised 67 MSEK, after costs, in a private placement in December 2005.

“Our success is based on many different aspects of the solutions we deliver. Leading edge technology with lowest cost of ownership, combined with a cool design, all contribute in making Tilgin the preferred partner for our customers and partners,” says Beth Topolovsky, COO of Tilgin.

Tilgin AB

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