Jul 04, 2007

Press Release

FOR IMMEDIATE RELEASE

Press contacts
 (NEC and Panasonic Mobile Communications carry out PR on behalf of Adcore-Tech)
NEC Corporation
Akiko Shikimori
+81-3-3798-6511
a-shikimori@ay.jp.nec.com

Panasonic Mobile Communications Co., Ltd.
Junji Kanegawa
+81-45-939-6455
kanegawa.junji@jp.panasonic.com

Adcore-Tech Completes New Digital Baseband Technology for Mobile Handset Communications Platform

Development, Design, and Technology Licensing for Global Markets


Tokyo, July 4, 2007 - Adcore-Tech, Co., Ltd. has succeeded in developing a new W-CDMA 3.5G digital baseband technology. The new technology marks the completion of a new communications platform for mobile handsets, which Adcore-Tech has started licensing to partner companies for development of mobile handset communications chips. Adcore-Tech was established in 2006 to carry out the global development, design, and technology licensing of a hardware and software communications platform* to manage the core communications functions for mobile handsets targeting third generation (3G/3.5G) and beyond.

The licensed architecture employs multiple small-scale digital signal processors to simultaneously achieve high peak performance, low power consumption, low cost, and high portability. The new architecture further supports the evolution of mobile handsets with higher communication speed and enhanced functionality, by providing a robust solution extendable to HSDPA and HSUPA, and a design that minimizes mutual interference between existing systems such as GSM and future systems such as LTE.

Adcore-Tech aims to facilitate the quick and efficient development of increasingly sophisticated communications technology for mobile handsets targeting 3G/3.5G and beyond, and contribute to the advancement of the mobile handset industry at large.

Adcore-Tech, Co., Ltd. is a joint venture of NEC Corporation, NEC Electronics Corporation, Matsushita Electric Industrial Co. Ltd., Panasonic Mobile Communications Co. Ltd., and Texas Instruments Incorporated.
Please refer to the following web sites for previous information on Adcore-Tech, Co., Ltd.
http://www.nec.co.jp/press/en/0608/2101.html
http://www.nec.co.jp/press/en/0607/2703.html

* Communication Platform: All hardware and software covering (1) Basic circuit design for LSIs (2) Software to control basic circuit (3) Communication core to operate on (1) and (2), and (4) Software operating as modem to coordinate (1) to (3).

Outline of the New Company:

Company name: Adcore-Tech Co., Ltd
Headquarters: Yokosuka Research Park, Yokosuka City,
Kanagawa Prefecture, Japan
Date of establishment: August 17, 2006
Business: Development, licensing, maintenance service and system evaluation of communications platforms for mobile phones
Capital: 12.0 billion yen (6.0 billion yen capital; 6.0 billion yen capital reserves)
Controlling stakes: NEC / NEC Electronics:
Approximately 44% (5.3 billion yen)
Matsushita / Panasonic Mobile:
Approximately 44% (5.3 billion yen)
Texas Instruments :
Approximately 12% (1.4 billion yen)
Employees: Approximately 180
Management structure: President, Vice President and 2 Board Members
President: Haruo Suzuki
Vice President: Chikara Imafuku

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