PicoChip signs distribution agreement with Paltek to extend the company's reach to Japan

June 16, 2004

1 Min Read

BATH, U.K. -- picoChip today announced a strategic partnership with PALTEK Corporation, naming PALTEK as the distributor to extend the company's reach to Japan. Effective immediately, PALTEK will provide dedicated distribution support for all picoChip products into the Japanese market.

PALTEK, a leading silicon and electronic solution supplier in Japan, has over 20 years of experience supporting application specific devices such as programmable logic devices (FPGAs) and application specific standard products (ASSPs) at Japanese OEM customers.

Peter Claydon, co-founder and CEO at picoChip, said, "Japan is the most advanced global market in wireless communications and we need a strong partner to engage there. PALTEK is a perfect match for picoChip. They already have relationships with large OEMs. PALTEK provides a very focused model that is effective in selling communications-based products."

PicoChip Designs Ltd.

Paltek Corp.

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