picoChip has been recognized with multiple industry awards and listed amongst the most exciting technology companies by leading independent organizations such as Frost and Sullivan, Deloitte, Red Herring, Light Reading and Ernst & Young. At the Best of WiMAX World Awards 2007, our products won a hat-trick of awards; Chip Design; Industry Innovation; and Industry Choice; and we were the unprecedented recipient of three ELEKTRA European Electronics 2007 awards. picoChip’s technology is currently in use by over a hundred network operators, including eight of the global top ten. We sell to seven of the top ten telecoms equipment makers: some of our publicly announced customers include Alpha Networks, AT4 Wireless, Airspan (partnered with Fujitsu), Intel, ip.Access, Ubiquisys (supplying NEC and Motorola), Willtek, Xinwei Telecom, Zyxel and a number of other major OEMs and ODMs. Our processors are the industry-standard for WiMAX basestations, and we were the first company to develop a femtocell modem. We continue this innovation with products for TD-SCDMA, LTE and 4G. Because our products deliver dramatically better performance-per-dollar than legacy processors or FPGAs, they are particularly apt solutions to the challenges of next-generation wireless systems. By backing our programmable hardware with robust, carrier-class software stacks, we deliver complete solutions that cut costs and development time, while our customers retain the flexibility they need to differentiate their products.