MTI Solidifies Investment in DCT –
PLEASANTON, Calif., July 8, 2003 - Digital Communication Technologies (DCT™), a leading provider of Java acceleration solutions for mobile devices, today announced that MTI Partners has expanded its investment in DCT. DCT recently announced the industry's highest-performing Java solution for wireless mobile handsets.
"MTI is pleased by DCT's continued progress and customer traction. The company has created two compelling Java technologies: Lightfoot™, a microcontroller core aimed at embedded systems and Bigfoot, which targets mobile handsets," stated John Polden, a partner at MTI. "We now see a wide-open market for Java-enabled products. DCT appears to have created the only viable hardware solution for handset Java acceleration and we look forward to seeing its technology dominate."
"Microcontrollers based on our Lightfoot processor core have been available in volume production from Velocity Semiconductor since Q1 this year and are already achieving significant penetration in the 5 billion unit microcontroller market," commented Chris Turner, founder and CTO at DCT. "With several patents recently approved and a flurry of design activity, DCT's Bigfoot technology is set for broad adoption in a market that is approaching 500 million units per year."
Mr. Turner further commented, "I'm delighted to have MTI's confidence and continued support. It was clear that mobile phone manufacturers had given up on hardware Java acceleration for handsets and were seeking to differentiate with JIT approaches. Our unique, JIT-friendly Bigfoot technology finally delivers what the mobile phone industry ultimately requires: easy integration, longer battery life, and the ability to provide larger, faster Java applications."
DCT's Bigfoot Java acceleration technology uses a combined hardware and software approach that delivers exceptional performance, energy efficiency, faster load times, and more efficient use of static and dynamic memory. Bigfoot provides an entry-level benchmark of 10.8 CM/MHz, which is 3-5 times faster than other current Java solutions. When combined with JIT compiler techniques, Bigfoot's scalable architecture enables performance increases up to 20 CM/MHz.
"MTI's support demonstrates their commitment and confidence in DCT while we are continuing to make significant progress with Bigfoot at several wireless baseband manufacturers," stated Sean Marzola, President & CEO at DCT. "The 2003 JavaOne Conference clearly indicated that Java is the de-facto standard for delivering application content and services to mobile handsets and that baseband manufacturers are not satisfied with Java acceleration techniques offered by other companies."
Founded in 2000, Digital Communication Technologies develops and markets specialized IP and industry-leading support and development tools for embedded Java™ applications. DCT's innovative hardware architectures and run-time software environments offer exceptional code density through the use of innovative proprietary techniques to speed and simplify Java and C mixed-language execution.
Founded in 1983, MTI is an independent venture capital fund manager with a remit to provide risk capital to British technology companies at an early stage of their development. MTI has invested in more than 40 early-stage and start-up technology business throughout the UK, and its stable of funds has demonstrated best-of-breed performance in the sector. MTI is now established as one of Europe's principal venture capital fund managers dedicated to the early-stage high-technology sector with funds managed aggregating over £150M ($240M).
© 2003 Digital Communication Technologies, Ltd. All rights reserved. Lightfoot, Bigfoot, Digital Communication Technologies, Ltd., DCT, and the DCT logo and combinations thereof are trademarks of Digital Communication Technologies, Ltd. Java is a trademark of Sun Microsystems, Inc. Other terms and product names in this document may be the trademarks of others.
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Michael V. De Caro, Director of Marketing