QuickLogic Press Releases

QuickLogic’s New “CUB” System Enables Easy Evaluation of ArcticLink III VX for Customer Designs

Thu, 30 May 2013 00:00:00 -0500

Multi-function boards support all variants of the ArcticLink III VX and BX families

Provides fast and easy prototyping and compatibility testing with common processor boards & displays

Accelerates VEE and DPO evaluation time

QuickLogic Corporation, the innovator of ultra-low-power programmable Customer Specific Standard Products (CSSPs), today announced the development of the Customer Use Board (CUB) System, which provides for easy evaluation and validation of ArcticLink® III VX and BX devices in customer platforms. CUB is an ideal solution for smartphone and tablet system architects who require easy prototyping and testing platforms to accelerate their design efforts.

The CUB system supports all silicon variants of the ArcticLink III VX and BX families, which include RGB or MIPI-DSI inputs, and RGB, MIPI-DSI, and/or LVDS outputs. The CUB system allows designers to easily insert known-good boards into their prototype systems. Once the CUB system is integrated into the display path, designers can evaluate the Visual Enhancement Engine’s (VEE’s) impact and measure the Display Power Optimizer’s (DPO’s) power savings.

The CUB system design enables the creation of quick-turn daughter cards for direct connection to processor boards or displays, Connections may also be made through ‘blue-wiring’ to provided connector points. The boards feature a 100% open-design approach, providing developers with a proven starting point for production board design.

“The CUB system allows customers to evaluate QuickLogic’s VEE, DPO and display interface bridging technologies faster than ever before, minimizing the need for additional resources and speeding time-to-market for next generation products,” said Paul Karazuba, senior product marketing manager at QuickLogic.

Availability

The QuickLogic’s CUB is available today. For additional information, please go to http://www.quicklogic.com/reference-designs/cub-system/.

QuickLogic’s Parallel Camera Interface for TI Sitara™ AM335x ARM® Cortex™-A8 Processors Supports Android Jelly Bean 4.1.2 Operating System

Mon, 20 May 2013 00:00:00 -0500

Complete, ready-to-use parallel Camera Interface solution (CAM I/F)

Enables developers to take advantage of extensive Android ecosystem

Supports BeagleBone open source hardware platform and QuickLogic Camera Cape

QuickLogic Corporation, the innovator of ultra-low-power programmable Customer Specific Standard Products (CSSPs), today announced that its Parallel Camera Interface (CAM I/F) for Sitara™ AM335x ARM® Cortex™-A8 processors from Texas Instruments Incorporated (TI) now supports the Android Jelly Bean 4.1.2 Operating System (OS). Now developers can easily integrate QuickLogic’s catalog CSSP-based turnkey CAM I/F solution for TI’s Sitara AM335x ARM Cortex- A8 processors into Android-based platforms.

According to a market study conducted by UBM Tech, the Android OS has jumped to the top position for open operating systems used by embedded developers. This adoption is being driven by extensive use of the Android OS in the highly fragmented enterprise space for applications such as retail, home automation, education and healthcare.

“The addition of Android OS support to QuickLogic’s CAM I/F solution provides the next step in the evolution of QuickLogic’s camera catalog CSSP products,” said Mehul Kochar, senior business development manager for QuickLogic. “Our CAM I/F solution provides an off-the-shelf solution for the diverse enterprise market and enables customers to expand their served available markets, reduce their BOM and shorten their design cycles.”

TI provides an Android development kit, which supports the BeagleBone platform, LCD7 cape and camera cape for faster development and easy integration. BeagleBone is a ready-to-use, open-source hardware platform for rapid prototyping and firmware and software development from BeagleBoard.org. BeagleBone is highly extensible, allowing developers to add many features and interfaces via add-on boards or capes. The camera cape, including the QuickLogic CSSP, connects to a BeagleBone and an Aptina image sensor.

Availability

The QuickLogic BeagleCam Camera Cape solution is available today. For additional information, please go to www.quicklogic.com/ti-camif.

QuickLogic Announces Fiscal 2013 First Quarter Results

Wed, 01 May 2013 00:00:00 -0500

QuickLogic Corporation, the innovator of ultra-low-power Customer Specific Standard Products (CSSPs), today announced the financial results for its fiscal first quarter ended March 31, 2013.

Total revenue for the first quarter of 2013 was $3.0 million, down 2% from the fourth quarter of 2012 and down 27% from the first quarter of 2012. During the first quarter, new product revenue decreased 6% to $941,000 from $1.0 million in the fourth quarter of 2012. New product revenue accounted for 31% of the total revenue in the first quarter. During the first quarter, mature product revenue remained flat at $2.1 million sequentially. Mature product revenue accounted for 69% of the total revenue in the first quarter.

Under generally accepted accounting principles (GAAP), the net loss for the first quarter of 2013 was $3.6 million, or $0.08 per share, compared with a net loss of $2.6 million, or $0.06 per share, in the fourth quarter of 2012 and a net loss of $3.7 million, or $0.10 per share, in the first quarter of 2012. Non-GAAP net loss for the first quarter of 2013 was $3.1 million, or $0.07 per share, compared with a non-GAAP net loss of $2.0 million, or $0.04 per share, in the fourth quarter of 2012 and a non-GAAP net loss of $3.3 million, or $0.09 per share, in the first quarter of 2012.

“New product revenue in the first quarter was lower than expected due to a delay in the receipt of an expected large order from a tier one consumer electronics company. This order has since been received and we are on track to meet our forecast for the first half of the year,” stated Andy Pease, QuickLogic’s President and CEO.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, May 1, 2013, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at http://ir.quicklogic.com/events.cfm. To join the live conference, please dial (877) 377-7094 by 2:20 p.m. Pacific Daylight Time today. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode: 41216066. The call recording will be archived until Wednesday, May 8, 2013, and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Management uses the non-GAAP measures, which exclude gains, losses and other charges that are considered by management to be outside of the Company’s core operating results, internally to evaluate its operating performance against results in prior periods and its operating plans and forecasts. In addition, the non-GAAP measures are used to plan for the Company’s future periods, and serve as a basis for the allocation of Company resources, management of operations and the measurement of profit-dependent cash and equity compensation paid to employees and executive officers.

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP financial measures to non-GAAP financial measures is included in the financial statements portion of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures with their most directly comparable GAAP financial measures.

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements relating to new product revenue meeting forecast for the first half of the year, which is dependent on the market acceptance of our products and the level of customer orders. Actual results could differ materially from the results described in these forward-looking statements. Factors that could cause actual results to differ materially include: delays in the market acceptance of the Company’s new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers’ products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition, including the introduction of new products by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; capacity constraints; and general economic conditions. These factors and others are described in more detail in the Company’s public reports filed with the Securities and Exchange Commission, including the risks discussed in the “Risk Factors” section in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and in the Company’s prior press releases.

Note to Editors: Financial tables follow

QuickLogic’s VEE-Pico Catalog CSSP Delivers Greater “Effective Lumens” for Pico Projectors

Tue, 23 Apr 2013 00:00:00 -0500

Catalog CSSP provides system designers with “plug-and-play” solution

Increases projector viewability without increasing power consumption

Based on field-proven, mass production technology

QuickLogic Corporation, the innovator in low power Customer Specific Standard Products (CSSPs), announced today that its VEE-Pico Catalog CSSP gives system designers of embedded, accessory and stand-alone pico projectors a quick and easy way to increase the viewability of their projectors without increasing the power consumption of their handheld devices. This is done by increasing the “effective lumens” through image processing, rather than increasing the actual lumens through the use of a higher-wattage light source.

Typical pico projectors suffer from inadequate viewability in any but very dark environments, leading to a poor user experience. Consumers prefer the ability to instantly share content from the projectors of their mobile devices, and are unwilling to wait until they can find a dark environment in which to project their content. Through intelligent local manipulation of the contrast ratio and dynamic range of the projected content, QuickLogic’s VEE-Pico device provides projected content that is much more viewable, even in brighter environments.

“The VEE-Pico catalog CSSP solution from QuickLogic enables designers of pico projectors to greatly increase the effective lumen output of their products without having to resort to using more power-hungry and costly higher-lumen light engines,” said Paul Karazuba, senior product marketing manager at QuickLogic. “The VEE-Pico Standard Catalog CSSP design approach offers an immediate solution for designers who need to improve their pico projector technology to deliver a higher quality image.”

Availability

QuickLogic’s VEE-Pico is available today as part of the QuickLogic’s Catalog CSSP family. Contact QuickLogic or visit the website at http://www.quicklogic.com/platforms/vee-pico/ for more information. The Catalog CSSP solution complements the existing customizable CSSP solution with VEE technology from QuickLogic.

QuickLogic Announces Q1, 2013 Earnings Conference Call

Thu, 18 Apr 2013 00:00:00 -0500

QuickLogic Corporation, the innovator in low-power Customer Specific Standard Products (CSSPs), has scheduled a conference call to discuss the company's earnings results for its fiscal first quarter on Wednesday, May 1, 2013, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's first quarter 2013 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on May 1, 2013. The conference call can be accessed via QuickLogic's website at http://ir.quicklogic.com/events.cfm, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode 41216066. The call recording will be archived until Wednesday, May 8, 2013, and the webcast will be available for 12 months.

QuickLogic’s Catalog CSSP Strategy Extends Company’s Reach into Diversified Markets

Wed, 17 Apr 2013 00:00:00 -0500

Complements customizable products with “off-the-shelf” standard solutions

Expands served available market by addressing broad base of customer needs

Optimizes use of company’s R&D resources and boosts engineering ROI

QuickLogic Corporation, the innovator in low-power Customer Specific Standard Products (CSSPs), announced today that it has expanded its CSSP strategy to include catalog solutions. Catalog CSSPs are off-the-shelf devices designed to address common sets of customer requirements without requiring any further customization.

Catalog CSSPs are developed in conjunction with QuickLogic’s ecosystem partners who focus on the rapidly expanding market for mobile and embedded processor applications. By including a pre-defined CSSP in their reference designs, QuickLogic’s partners can significantly expand the scope of the design opportunities they can address and help their customers shorten design cycles. Initial applications targeted by QuickLogic with its ecosystem partners include scanners, terminals, tablets, AIDC (Automatic Identification and Data Capture) and digital image capture.

“The combination of the inherent flexibility offered by CSSPs and QuickLogic’s rapid response to new opportunities has helped us expand our reach into markets that would have been impractical for us to address on our own,” said Miller Adair, general manager, Sitara™ ARM® processors, Texas Instruments Incorporated. “We look forward to developing new reference designs with QuickLogic going forward.”

“Embedded processor companies are challenged to balance what features they include in their processors while still addressing the broadest reach of applications in the embedded mobile market,” said Andy Pease, president and CEO of QuickLogic. “By partnering with QuickLogic, processor companies can optimize their designs for mainstream applications and then leverage the flexibility of CSSPs to expand into adjacent markets.”

Availability

The first Catalog CSSP devices (developed together with TI), including their associated drivers and reference designs, are available today from QuickLogic. The company expects to announce several new solutions over the next few quarters.

Contact QuickLogic at info@quicklogic.com or visit www.quicklogic.com/catalogcssp for more information.

QuickLogic to Present at the Globalpress Electronics Summit 2013 in Santa Cruz, CA

Tue, 09 Apr 2013 00:00:00 -0500

QuickLogic Corporation, the innovator of low power Customer Specific Standard Products (CSSPs), today announced that Mr. Andrew J. Pease, QuickLogic’s President and CEO, is scheduled to present at the Globalpress Electronics Summit in Santa Cruz, CA.

Location: The Chaminade Resort, Santa Cruz, CA

Time: Tuesday, April 16 at 10:00 a.m., PDT

Presentation: The presentation and video will be posted on www.quicklogic.com and blog.quicklogic.com

At the GlobalPress Electronics Summit, Mr. Pease will speak about CSSPs and their unique value proposition. He will also introduce Catalog CSSPs, a new product category that complements its customized CSSP solutions. Catalog CSSPs will implement functionality that is common across a broader set of customers and ecosystem partners. The presentation will elaborate on how these new products can deliver an off-the-shelf, low risk solution for mobile embedded developers desiring better integration and flexibility while also accelerating their time-to-market.

QuickLogic CTO to Present at Linley Tech Mobile Conference 2013

Mon, 01 Apr 2013 00:00:00 -0500

QuickLogic Corporation, the innovator in low power Customer Specific Standard Products (CSSPs), today announced that its CTO, Dr. Timothy Saxe, will give a presentation entitled “Power is the Hidden Cost of Flexibility” at the Linley Tech Mobile Conference on April 18th in Santa Clara. This two-day, single-track conference features technical presentations addressing design issues for mobile devices such as tablet computers, smartphones, navigation devices, media players, handheld games and e-book readers.

Typically a discussion about power challenges in mobile devices focuses on the power consumption of bigger, better screens and quad- or octal-core processors. Dr. Saxe will discuss the trade-offs of power versus flexibility in the less visible parts of the system. In particular the use of processors has been driven by applications where their flexibility can create tremendous value that justifies a slightly larger battery. The flexibility of processors also allows them to solve non-application problems such as sensor data acquisition. While some tasks can be done with software, this approach is not necessarily the best way. QuickLogic will show how an all-hardware solution can reduce power consumption by a factor of 10 in a task such as sensor data acquisition.

The QuickLogic presentation will be given during Session 5 of the conference, which is focused on power-optimized design. See the following for time and location details.

Location: The Hyatt Regency Santa Clara, 5101 Great America Parkway, Santa Clara

Time: Thursday, April 18, Session 5 from 1:45-4:45 p.m., PDT
Note: Dr. Saxe’s presentation will begin at approximately 2:40 p.m.

Registration: To register, please visit: www.linleygroup.com/mobile-conference

QuickLogic’s ArcticLink III VX6 Supports Embedded and External Displays from a Single Processor Display Output

Wed, 20 Mar 2013 00:00:00 -0500

Drive on-board display and HDMI/MHL transmitters from a single Application Processor display signal

Includes display bridging functions for seamless connectivity of varying interfaces

Integrated VEE and DPO technologies allow for sunlight viewability & system-level power savings

QuickLogic Corporation, the innovator in low-power Customer Specific Standard Products (CSSPs), announced today the immediate availability of its new ArcticLink® III VX6 solution platform device. This product integrates QuickLogic’s Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies along with LVDS, MIPI, and RGB interfaces into a single chip bridging and connectivity solution for consumer mobile devices. This enables developers to easily integrate a secondary HDMI and/or MHL video output into systems initially designed to support a single, on-board display.

The VX6BxG is optimized for tablet architecture, offering system designers a solution that bridges the MIPI output of the AP to an LVDS interface for the on-board display, while outputting the same display content to the RGB or MIPI interface of the MHL/HDMI transmitter. This approach eliminates the need for inefficient, multi-chip architectures or the need to upgrade to a more expensive application processor which supports two simultaneous display interfaces.

“The ArcticLink III VX6 family from QuickLogic allows tablet system designers to realize multi-display architectures with processors originally intended to support only a single, on-board display. We believe this flexibility in processor architecture selection can speed time-to-market and keep BOM costs low for OEMs building differentiated HDMI/MHL-enabled products” says Paul Karazuba, senior product marketing manager at QuickLogic.

The solution platform family also optionally integrates QuickLogic’s VEE and DPO technologies. Our VEE technology, based on the iridix® core from Apical Limited, delivers outstanding display viewability under any lighting condition by dynamically optimizing video characteristics to provide a natural viewing experience. Our DPO technology has been field-proven to lower total system power consumption through dynamic management of display brightness with no negative user side effects. Used together with VEE, QuickLogic’s DPO technology enables system-level battery life extension by an average of 25% without compromising the user experience.

Availability

The ArcticLink III VX6 is mass production ready and available immediately for evaluation. Contact QuickLogic at info@quicklogic.com or visit http://www.quicklogic.com/platforms/arcticlink-iii-vx/ for more information.

QuickLogic to Present on CSSP Market Strategy at Annual ROTH Capital Conference

Mon, 04 Mar 2013 00:00:00 -0600

QuickLogic Corporation, the innovator in low-power Customer Specific Standard Products (CSSPs), today announced that its President and CEO, Mr. Andrew Pease, will be presenting at the 25th annual ROTH Conference on March 19th in Laguna Niguel, CA.

Mr. Pease will provide an overview of QuickLogic’s CSSP strategy, its position in the market and its strategies for growth in the consumer electronics and mobile enterprise segments. The presentation will elaborate on how the company’s CSSP solution platform families deliver a single-chip solution that offers designers the integration and flexibility required to accelerate time-to-market and offer differentiation within the highly-competitive mobile electronics market.

The presentation will be followed by a question and answer session. Individual one-on-one meetings with Mr. Pease and Mr. Ralph Marimon, QuickLogic’s CFO, can be arranged through Roth Capital at conference@roth.com or by calling (800) 933-6830.

Location: The Ritz Carlton, 1 Dana Point, Laguna Niguel, CA 92629

Time: Tuesday, March 19 at 3:30 p.m., Pacific Standard Time

Webcast URL: http://wsw.com/webcast/roth27/quik/ (This presentation will be archived for 90 days.)

QuickLogic to Present at IIC Conference in China

Mon, 25 Feb 2013 00:00:00 -0600

QuickLogic Corporation, the innovator in low-power Customer Specific Standard Products (CSSPs), will be discussing the challenges faced by designers of mobile devices and how QuickLogic addresses these issues by offering leading edge CSSP solutions at IIC China in Shenzhen. IIC is the largest show in China focusing on the latest electronic systems design solutions.

Place:	Shenzhen Convention and Exhibition Center Fuhua 3rd Road, Futian Central District, Shenzhen
Date:	March 1, 2012
Time:	11:00 a.m. to 11:40 a.m.
Title:	Addressing Common Design Challenges in Mobile Devices: Implementing New Functions, Increasing Power Efficiency and Creating an Exceptional User Experience

The rapidly changing mobile landscape has challenged system designers and OEMs to expand the functionality of their devices to create product differentiation, extend battery life, and provide an exceptional user experience – all while reducing development time and cost. The QuickLogic presentation will define specific problems faced by mobile device developers and explain how those problems can be resolved, using case-study examples.

QuickLogic solutions include the following:

The ArcticLink® III BX platform, which offers OEMs and system designers a solution for bridging mismatched display standards between the processor and display panel while offering significant advantages in size and power consumption.
The ArcticLink III VX platform, which provides bridging capabilities plus the benefits of QuickLogic’s Visual Enhancement Engine (VEE HD+), Display Power Optimizer (DPO HD+) and Intelligence Brightness Control (IBC) technologies.
The Camera Interface Bridge solution which enables the Sitara™ ARM® Cortex™ processor from Texas Instruments to connect with a Camera sensor with a parallel interface. This solution works right out-of-the-box and has an available demonstration and development system.

Attendees will learn about these solutions and how QuickLogic CSSPs can offer them the economics of standard products together with the ability to quickly customize a design for market differentiation.

QuickLogic Announces that Kyocera has Selected its PolarPro II CSSP to Solve Connectivity Challenges in PHS Handset Phones

Tue, 12 Feb 2013 00:00:00 -0600

Provides inter-processor communication between application and baseband processors

Adds custom logic for keypad scanning and other functions

Platform enables multiple generations of products

QuickLogic Corporation, the innovator in low-power Customer Specific Standard Products (CSSPs) today announced that its smart connectivity CSSP Solution has been selected by Kyocera Corporation, Inc. for the company’s HoneyBee® 5 series of Personal HandyPhone (PHS) phones. The QuickLogic solution was chosen for its ability to support inter-processor communication between the application and PHS baseband processor, as well as the integration of additional discrete logic, resulting in a smaller overall footprint and lower power consumption.

Kyocera was able to take advantage of QuickLogic’s turnkey customization services which enabled Kyocera to get a custom design completed without expending the company’s own engineering resources, while still achieving a short development cycle and fast time-to-market.

“We are delighted to build on our existing relationship with Kyocera and to partner with the company on its CSSP needs. The use of a connectivity solution for mobile phones continues to demonstrate that QuickLogic’s CSSP approach is beneficial to customers for a wide range of applications within the mobile and handheld device marketplace,” said Brian Faith, vice president of worldwide sales and marketing at QuickLogic.

Availability

The Kyocera HoneyBee 5 series of PHS phones has been announced by Willcom in Japan. For more information on other CSSP solutions, please contact QuickLogic at info@quicklogic.com.

QuickLogic Announces Fourth Quarter and Fiscal 2012 Results

Wed, 06 Feb 2013 00:00:00 -0600

QuickLogic Corporation, the leader in low-power Customer Specific Standard Products (CSSPs), today announced the financial results for its fourth quarter and fiscal year ended December 30, 2012.

Total revenue for the fourth quarter of 2012 was $3.1 million, down 16% sequentially and down 29% from the fourth quarter of 2011. During the fourth quarter, new product revenue of $1.0 million was down 35% sequentially and down 41% from the fourth quarter of 2011.

Under generally accepted accounting principles (GAAP), the net loss for the fourth quarter of 2012 was $2.6 million or $0.06 per share, compared with a net loss of $2.8 million, or $0.06 per share, in the third quarter of 2012, and a net loss of $3.1 million, or $0.08 per share, in the fourth quarter of 2011. Non-GAAP net loss for the fourth quarter of 2012 was $2.0 million, or $0.04 per share, compared with a non-GAAP net loss of $2.2 million, or $0.05 per share, in the third quarter of 2012, and a non-GAAP net loss of $2.7 million, or $0.07 per share, in the fourth quarter of 2011.

Total revenue for 2012 was down 29% at $14.9 million, compared with revenue of $21.0 million in 2011. GAAP net loss for 2012 was $12.3 million, or $0.29 per share, compared with a net loss of $7.6 million, or $0.21 per share, in 2011. Non-GAAP net loss for 2012 was $10.3 million, or $0.25 per share, compared with a non-GAAP net loss of $5.8 million, or $0.16 per share, in 2011.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Standard Time today, February 6, 2013, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To join the live conference, please dial (877) 377-7094 by 2:20 p.m. Pacific Standard Time today. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode: 90137354. The call recording will be archived until Tuesday, February 12, 2013 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements relating to the revenue generating potential of new products, which is dependent on the market acceptance of our products and the level of customer orders. Actual results could differ materially from the results described in these forward-looking statements. Factors that could cause actual results to differ materially include: delays in the market acceptance of the Company’s new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers’ products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition, including the introduction of new products by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; capacity constraints; and general economic conditions. These factors and others are described in more detail in the Company’s public reports filed with the Securities and Exchange Commission, including the risks discussed in the “Risk Factors” section in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and in the Company’s prior press releases.

QUICKLOGIC CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
(Unaudited)

QUICKLOGIC CORPORATION
SUPPLEMENTAL RECONCILIATIONS OF GAAP AND NON-GAAP FINANCIAL MEASURES
(In thousands, except per share amounts)
(Unaudited)

* Figures were not considered in the reconciliation of Non-GAAP net loss per share due to the insignificant amount.

QUICKLOGIC CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)

QUICKLOGIC CORPORATION
SUPPLEMENTAL DATA
(Unaudited)

(1) New products represent products introduced since 2005, and include ArcticLink, ArcticLink II, ArcticLink III, Eclipse II, PolarPro, PolarPro II, and QuickPCI II products. Mature products include Eclipse, pASIC1, pASIC2, pASIC3, QuickDSP, QuickFC, QuickMIPS, QuickPCI, QuickRAM and V3 products, as well as royalty revenue, programming hardware and software.

QuickLogic Announces Q4 & FY 2012 Earnings Conference Call

Tue, 22 Jan 2013 00:00:00 -0600

QuickLogic Corporation, the innovator in low-power Customer Specific Standard Products (CSSPs), has scheduled a conference call to discuss the company's earnings results for its fourth quarter and fiscal year 2012 on Wednesday, February 6, 2013, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's fourth quarter and fiscal year 2012 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern time. The conference call can be accessed via QuickLogic's website at http://ir.quicklogic.com/events.cfm or you can join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode 90137354. The call recording will be archived until Tuesday, February 12, 2013, and the webcast will be available for 12 months.

QuickLogic Announces Preliminary Q4 2012 Revenue

Wed, 09 Jan 2013 00:00:00 -0600

QuickLogic Corporation, the leader in low-power Customer Specific Standard Products (CSSPs), today announced that it expects to report fourth quarter revenue of approximately $3.1 million compared to previously announced guidance of approximately $3.7 million, plus or minus 10%. New product revenue is expected to be approximately $1.0 million while mature product revenue is expected to be approximately $2.1 million as compared to previously announced guidance of approximately $1.6 million and $2.1 million plus or minus 10%, respectively.

“While I’m disappointed in our revenue performance for the fourth quarter, we are continuing to make progress in our long term customer and partner strategy,” said Andy Pease, QuickLogic’s President and CEO. “This progress includes the initial shipment on the new handset design mentioned in our last conference call, and 3 new orders that were booked in December for our ArcticLink III platform, two of which utilize our MIPI interface. I will provide more details on our progress during our upcoming earnings conference call.”

QuickLogic cautions that the financial results disclosed are preliminary based on the best information currently available to the company and are subject to completion of the financial statements and the audit of QuickLogic’s year-end financial results. Complete financial results are expected to be released on February 6, 2013.

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements relating to the Company’s revenue and revenue generated from the Company’s new products. Actual results could differ materially from the results described in these forward-looking statements. Factors that could cause actual results to differ materially include: delays in the market acceptance of the Company’s new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers’ products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition, including the introduction of new products by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; capacity constraints; and general economic conditions. These factors and others are described in more detail in the Company’s public reports filed with the Securities and Exchange Commission, including the risks discussed in the “Risk Factors” section in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and in the Company’s prior press releases.

QuickLogic Showcases Broad Range of CSSP Solutions for Mobile Devices at CES

Thu, 13 Dec 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low-power Customer Specific Standard Products (CSSPs), is demonstrating a broad range of CSSP solutions for mobile devices next month at the 2013 Consumer Electronics Show (CES) in Las Vegas. QuickLogic’s CSSPs address common design challenges that mobile device OEMs face and offer features that create product differentiation within the market.

The company’s hospitality suite will feature a variety of processor-to-display and processor-to-processor bridging solutions that solve interface issues, reduce power consumption (extending battery life), and greatly improve display viewability, particularly in bright sunlight.

Place:	Hospitality Suite MP25354 (South Hall 2, Las Vegas Convention Center)
Date:	January 8-11, 2013
Time:	Tuesday, January 8: 10a.m.–6p.m. Wednesday, January 9: 9a.m.–6p.m. Thursday, January 10: 9a.m.–6p.m. Friday, January 11: 9a.m.–4p.m.
Reservations:	By appointment only. Make your reservation today. www.quicklogic.com/ces2013

As technology continues to advance and change the mobile device landscape, system designers and OEMs are constantly challenged to expand functionality, extend battery life and provide an exceptional user experience. Compounding these challenges is the fine line that OEMs must navigate between the greatly reduced development times required by the mobile market and the desire for greater product differentiation within a saturated and highly competitive environment. Bringing new features to market quickly, before they are integrated into mobile SoCs (System-on-Chips), generally requires the use of a discrete solution or bridge. QuickLogic’s CSSPs offer OEMs the economics of standard products with the ability to quickly customize a design for market differentiation.

Make an appointment to visit QuickLogic’s hospitality suite to learn more.

QuickLogic Launches Japanese Website

Mon, 10 Dec 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), is pleased to announce the launch of its Japanese website http://jp.quicklogic.com/ to better support Japanese language speakers.

The new site will allow Japanese customers and partners easy access to information on QuickLogic solutions for the growing handheld mobile market. Visitors will learn about the benefits of CSSPs with their broad spectrum of solutions spanning display and visual enhancement, smart connectivity and security.

"Japan represents a large market for handheld mobile devices like smartphones and tablets," said Ikuo Nakanishi, the regional manager, Japan and customer solutions architect at QuickLogic. "The launch of the Japanese website will help us better support our existing and potential CSSP customers in this very important market."

QuickLogic to Present at the FPD Technology and Application Forum in Taiwan

Fri, 07 Dec 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Edward Lien, QuickLogic Customer Solutions Architect, is scheduled to present at the FPD Technology and Application Forum in Taipei, Taiwan.

Location: Taipei Westin Hotel, Yong Le Grand Ballroom

Time: Thursday December 13, 2012 at 10:10 a.m.

With displays often consuming as much as 50% of system power, system designers and device OEMs are constantly looking for ways to reduce power consumption without impacting the user experience. Another common challenge for designers and OEMs is an interface mismatch in mobile devices, which requires a bridging solution. With the right bridge, developers can easily resolve the mismatch while simultaneously adding new capabilities to the design.

Mr. Lien will discuss how QuickLogic’s display solutions can extend system battery life, improve image viewability in bright sunlight, and provide a wide variety of customized bridging configurations.

QuickLogic’s ArcticLink III VX5 Solution Bridges DragonBoard’s MIPI-DSI Interface to LVDS Displays

Mon, 03 Dec 2012 00:00:00 -0600

Benefits include VEE technology for improved display viewability in all viewing conditions, and DPO technology for extended battery life

Solution focused on Display Subsystem in myDragonBoard Community

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), is proud to announce the immediate availability of a new MIPI-DSI interface to LVDS display bridging solution for the DragonBoard™ development environment. This bridging solution is based on the ArcticLink® III VX5 platform, and provides the added benefits of improved display viewability and reduced system power consumption. QuickLogic is making the solution readily available to the large and growing base of developers for the Qualcomm Snapdragon™ S3 processor.

QuickLogic's ArcticLink III VX5 solution enables engineers incorporating Qualcomm Snapdragon processors into their designs to quickly and easily solve processor-display bridging issues, improve display viewability, and extend battery life for mobile applications. Specifically, the ArcticLink III VX5 solution provides an easy-to-implement bridge from the Snapdragon processor's MIPI-DSI interface to the LVDS standard used by many displays.

The ArcticLink III VX5 solution includes QuickLogic's Visual Enhancement Engine (VEE) technology, based on the iridix® core from Apical Limited, and Display Power Optimizer (DPO) technology, allowing engineers to easily add these capabilities and evaluate their impact on the display visual experience and system battery life. The ArcticLink III VX5 device is designed to connect to the Snapdragon-based DragonBoard via a daughter card. The daughter card also incorporates an LVDS display, similar to those commonly found in tablets, for an easy visual examination of the results.

"We are very pleased to offer this display solution to the myDragonBoard community," said Mehul Kochar, senior business development manager for QuickLogic. "With this proven, working design, we've made it easy for DragonBoard users to implement the interface for their own displays and gain the immediate benefits of improved display viewability and extended battery life."

For more information, visit http://www.quicklogic.com/reference-designs/dragonboard/ and myDragonBoard Developer's Community at http://mydragonboard.org/projects/arcticlink-iii-vx-and-bx/

QuickLogic Appoints George Apostol, Jr. Vice President, Worldwide Engineering

Mon, 26 Nov 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), today announced that George Apostol, Jr. has joined the company as Vice President, Worldwide Engineering. With an impressive engineering and technical leadership background spanning more than 25 years in Silicon Valley, Apostol will be responsible for providing executive leadership for the company’s global engineering activities.

Mr. Apostol comes to QuickLogic most recently from EXAR Corporation, a leading supplier of high performance, analog mixed-signal components and data management solutions. In the role of Executive Vice President of Engineering & Operations and Chief Technology Officer at EXAR, Mr. Apostol successfully transformed engineering infrastructure and methodology enabling EXAR to transition to a system level solution business that resulted in quarterly revenue and unit volume sales records.

Prior to EXAR Corporation, Mr. Apostol was the Chief Technology Officer & Vice President of Engineering for PLX Technology Inc., a leading global supplier of high-speed connectivity solutions enabling emerging data center architectures. During his tenure, he was credited with significant improvements in design quality, time to market and the implementation of new system level product features which contributed to an over 80% increase in annual revenue. He holds a Bachelor of Science degree in Electrical Engineering from the Massachusetts Institute of Technology (MIT) and holds in excess of a dozen patents.

In announcing Mr. Apostol’s appointment, QuickLogic’s President and CEO, Andy Pease commented, “We are delighted that George has joined the QuickLogic team. George has a deep understanding of what it takes to deliver system level solutions. George has demonstrated the ability to build strong and efficient engineering teams that are capable of delivering the on-time, quality execution that QuickLogic needs to support the sales momentum we are building with our CSSP business model.”

QuickLogic Offers Display Interface Bridge Solutions for Mobile Handheld Devices

Mon, 19 Nov 2012 00:00:00 -0600

Solves bridging of mismatched video standards between the display and processor

Supports RGB, MIPI DSI, and LVDS at up to WUXGA (1920 x 1200) resolutions

Enables OEMs to evaluate benefits of VEE and DPO without risk

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), today announced the release of its newest display solution, the ArcticLink® III BX family of display interface bridging devices. Featuring 11 distinct variations, the ArcticLink III BX family supports popular mobile handheld device display standards of RGB, MIPI DSI (both two and four lane), and LVDS at up to WUXGA (1920 x 1200) resolutions.

The ArcticLink III BX platform offers smartphone and tablet OEMs and system designers a solution for bridging mismatched display standards between the processor and display panel. When compared to alternative design approaches, the QuickLogic ArcticLink III BX platform offers significant advantages in size and power consumption.

The ArcticLink III BX is a complementary platform to QuickLogic’s ArcticLink III VX series, which includes the display bridging capabilities of the BX solution plus the benefits of QuickLogic’s VEE HD+ (Visual Enhancement Engine), DPO HD+ (Display Power Optimizer) and IBC (Intelligence Brightness Control) technologies. The BX and VX solutions are footprint-identical, allowing customers to easily migrate from a BX-based display bridge-only solution to a VX-based solution. Only minor software modifications are required to migrate customers to the VX-based solution to obtain improved display viewability and longer battery life.

“During the initial sampling phase of the ArcticLink III platform, our customers expressed a desire for a low-cost, display bridge-only solution for their short-term production needs while they evaluate our VEE and DPO technologies,” says Brian Faith, Vice President of Worldwide Sales and Marketing at QuickLogic. “The ArcticLink III BX platform allows our customers to meet their bridging requirement early in the design cycle, while offering ample time to determine the value of VEE and DPO to their system at no risk to the design flow or time table.”

Availability

QuickLogic anticipates initiating production shipments of the ArcticLink III BX in Q4, 2012. The ArcticLink III VX platform is available for production shipments today. Contact QuickLogic sales at sales@quicklogic.com for more information.

About VEE and DPO

QuickLogic’s VEE HD+ technology, based on the iridix® core from Apical Limited, substantially enhances viewability by dynamically optimizing the display content’s dynamic range, contrast, and color saturation based on a human visual model to provide a natural viewing experience to the user, regardless of the viewing environment. QuickLogic’s DPO HD+ technology works in conjunction with the VEE HD+ technology to extend battery life by modulating display brightness based on ambient lighting and content without negatively affecting the user experience.

QuickLogic Announces Fiscal 2012 Third Quarter Results

Tue, 30 Oct 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced financial results for its fiscal third quarter ended September 30, 2012.

In accordance with the company’s guidance for the quarter, total revenue for the third quarter of 2012 was $3.7 million. Revenue was down 10% sequentially and down 32% compared to the third quarter of 2011. During the third quarter of 2012, new product revenue decreased 9% sequentially to $1.6 million, representing 43% of total revenue. During the third quarter, mature product revenue decreased 11% sequentially to $2.1 million, representing 57% of total revenue in the third quarter.

Under generally accepted accounting principles (GAAP), the net loss for the third quarter of 2012 was $2.8 million, or $0.06 per share, compared with a net loss of $3.2 million, or $0.08 per share, in the second quarter of 2012 and a net loss of $1.5 million, or $0.04 per share, in the third quarter of 2011. Non-GAAP net loss for the third quarter of 2012 was $2.2 million, or $0.05 per share, compared with a non-GAAP net loss of $2.8 million, or $0.07 per share, in the second quarter of 2012 and a non-GAAP net loss of $1.0 million, or $0.03 per share, in the third quarter of 2011.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, October 30, 2012, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To join the live conference, please dial (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode: 47075076. The call recording will be archived until Tuesday, November 6, 2012 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic Announces Q3 2012 Earnings Conference Call

Fri, 19 Oct 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), has scheduled a conference call to discuss the company's earnings results for its fiscal third quarter on Tuesday, October 30, 2012, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's third quarter 2012 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on October 30, 2012. The conference call can be accessed via QuickLogic's website at http://ir.quicklogic.com/events.cfm, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time on October 30, 2012. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode 47075076. The call recording will be archived until Tuesday, November 6, 2012, and the webcast will be available for 12 months.

QuickLogic to Participate at MIPI Alliance Member Demo Day

Mon, 15 Oct 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), today announced that it will be exhibiting at the MIPI Alliance Member Demo Day in Miami, FL. QuickLogic will be demonstrating the capabilities of the ArcticLink® III VX product line, a CSSP solution including QuickLogic’s Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies.

Location: Hyatt Regency Miami, Miami FL

Date: Tuesday, October 16, 2012

Time: 10 a.m. – 7:30 p.m., EDT

MIPI Alliance is a global organization comprised of companies that span the mobile ecosystem and are committed to defining and promoting interface specifications for mobile devices.

QuickLogic Announces Orion Reference Design Supporting TI’s Sitara™ ARM® Cortex™ Processor-based Mobile Enterprise Products

Mon, 10 Sep 2012 00:00:00 -0500

Meets connectivity needs for applications such as Portable Data Terminals, Mobile Point-of-Sale Terminals, Handheld Scanners and Industrial Tablets

Flexible solution enables OEMs to aggregate optimal number of UART and Secure Access Module (SAM) controller peripherals to TI Sitara SDIO interface

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), is proud to announce the immediate availability of its new Orion Reference Design. This CSSP-enabled reference design improves connectivity between the Sitara™ ARM® Cortex™ processors from Texas Instruments Incorporated (TI) and peripherals based on Universal Asynchronous Receiver Transmitter (UART) and High Speed Protocol Secure Access Module (HSP SAM) standards.

Portable Data Terminals, Handheld Scanners and Industrial Tablets

Mobile enterprise products tend to have an excess of lower bandwidth wireless, sensor, and I/O connectivity requirements which often go beyond what is typically deployed in smartphones and tablets. These UART-based peripherals include 2G wireless modules, high-frequency modules, 1D and 2D barcode scanners, GPS modules, RS-232 ports, IrDA controllers, Bluetooth® modules and more. While mobile enterprise product capability is increasing, the Sitara ARM application processors currently being used typically do not offer an appropriate number of UARTs for many mobile applications.

Mobile Point-of-Sale Terminals

For products with embedded point-of-sale capability, merchants are moving to upgrade their systems to ensure worldwide payment compatibility and enhanced security through the adoption of SAMs. Commonly used application processors, such as Sitara ARM Cortex processors, do not have sufficient SAM controllers or do not support the emerging HSP standard. As a result, there is a need for an integrated HSP SAM bridge solution to augment the application processor’s functionality.

QuickLogic’s Orion Reference Design can be attached to application processor-based systems via a standard SDIO connector. As a result, Orion is a very flexible hardware solution that can be connected to most application processor reference designs on the market today and in the future.

“We are very pleased to provide a much needed solution to the mobile enterprise market, in the form of our fully system-verified Orion Reference Design,” said Mehul Kochar, senior business development manager for QuickLogic. “We have purposefully architected Orion with flexibility in mind, allowing QuickLogic to tailor the exact number of UARTs and HSP SAM controllers used, based on OEM size and cost requirements.”

3rd Party Compatibility

The Orion Reference Design has been verified with a BeagleBoard, based on a Sitara ARM processor. It has been designed to plug into any application processor reference board with a standard SDIO connector. Linux and Windows® CE software drivers are available to ease OEM integration of the QuickLogic solution.

Availability

The Orion Reference Design, as well as the UART and HSP SAM proven system blocks are available today. For more information, please visit http://www.quicklogic.com/reference-designs/orion/

QuickLogic to Participate at TI Technology Day 2012

Wed, 22 Aug 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low power Customer Specific Standard Products (CSSPs), today announced that it will be exhibiting at the TI Technology Day 2012 in San Jose. QuickLogic will be demonstrating the capabilities of the BeagleBone camera reference design, a CSSP solution for the Sitara™ AM335x ARM® Cortex™-A8 processor.

Location: Fairmont Hotel, 170 South Market Street, San Jose, CA

Time: Thursday, August 23 from 8:00 a.m. – 3:30 p.m., PDT

Registration: To register, please visit: http://register.ti.com/profile/form/index.cfm?PKformID=0x277417d19

QuickLogic Announces Fiscal 2012 Second Quarter Results

Tue, 31 Jul 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the financial results for its fiscal second quarter ended July 1, 2012.

Total revenue for the second quarter of 2012 was $4.1 million, flat sequentially and down 29% from the second quarter of 2011. New product revenue for the second quarter of 2012 was $1.7 million, up 5% sequentially and up 44% compared to the second quarter of 2011. New product revenue accounted for 42% of the total revenue in the second quarter. Mature product revenue was $2.4 million in the second quarter of 2012, down 6% sequentially and down 48% from the second quarter of 2011.

Under generally accepted accounting principles (GAAP), the net loss for the second quarter of 2012 was $3.2 million, or $0.08 per share, compared with a net loss of $3.7 million, or $0.10 per share, in the first quarter of 2012 and a net loss of $2.1 million, or $0.05 per share, in the second quarter of 2011. Non-GAAP net loss for the second quarter of 2012 was $2.8 million, or $0.07 per share, compared with a non-GAAP net loss of $3.3 million, or $0.09 per share, in the first quarter of 2012 and a non-GAAP net loss of $1.6 million, or $0.04 per share, in the second quarter of 2011.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, July 31, 2012, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at http://ir.quicklogic.com/eventdetail.cfm?EventID=116419. To join the live conference, you may dial (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode: 10981322. The call recording will be archived until Tuesday, August 7, 2012 and the webcast will be available for 12 months.

2012 Q2 Earnings Call Script

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic’s CSSPs Enable TI’s Sitara™ AM335x ARM® Cortex™-A8 Processor to Support High-Resolution Cameras

Mon, 23 Jul 2012 00:00:00 -0500

Complete, ready-to-use parallel Camera Interface solution (CAM I/F)

Supports up to 5MP camera for latest generation of industrial handheld / mobile devices

QuickLogic BeagleCam Camera Cape eliminates the need to use scarce USB resources

QuickLogic Corporation (NASDAQ: QUIK), the innovator of ultra-low-power programmable Customer Specific Standard Products (CSSPs), today announced a complete, ready-to-use solution for the Sitara™ AM335x ARM® Cortex™-A8 processor from Texas Instruments Incorporated (TI). The QuickLogic solution enables TI’s AM335x processor to support high-resolution cameras through a low-power parallel Camera Interface (CAM I/F) port. By eliminating the need for cameras to consume sometimes-scarce USB ports, and by reducing total system power consumption, the QuickLogic CSSP CAM I/F solution expands the application space for the TI processor in the mobile enterprise (including AIDC, or Automatic Identification and Data Capture, and ruggedized handhelds), portable consumer, industrial tablet and industrial smartphone markets.

TI’s new low-cost, low-power, feature-rich AM335x processor enables new robust end products. The AM335x processor is ideal for a variety of portable devices that support high-resolution cameras. While many cameras require the standard USB interface, the processor’s USB controllers are often already used by other peripherals. Moreover, the processor’s USB controller can consume up to 150mW more power than QuickLogic’s CAM I/F enabled CSSP solution, making it impractical for many handheld and mobile applications. QuickLogic’s CSSP provides the CAM I/F, connecting the TI general-purpose memory controller (GPMC) and the camera sensor. The GPMC includes direct memory access (DMA) capability, allowing QuickLogic to support high-resolution cameras. With this new low-power solution, TI can now support up to five megapixel cameras without using sometimes-scarce USB ports, and address a much wider range of applications.

BeagleBone Reference Design Platform

To ease integration of TI’s AM335x processor, BeagleBoard.org created BeagleBone, a ready-to-use, open-source hardware platform for rapid prototyping and firmware and software development. This low-cost BeagleBone follows the heels of BeagleBoard.org’s successful BeagleBoard platform for mid-range and upper-end applications. BeagleBone is highly extensible, allowing developers to add many features and interfaces via add-on boards or Capes. The camera cape, including the QuickLogic CSSP, will connect to a BeagleBone and an Aptina image sensor.

“With the launch of the AM335x processor, we have been looking to quickly expand market opportunities for new end-product segments,” said Russell Crane, product marketing manager, Sitara ARM processors, TI. “With its CAM I/F solution, QuickLogic has provided an opportunity to make significant breakthroughs into the portable device market where camera and video input is required.”

“System designers are constantly challenged with processor interface and peripheral component mismatches,” said Mehul Kochar, senior business development manager for QuickLogic. “We have taken full advantage of the flexibility inherent in our CSSPs to deliver a fast time-to-market solution to this market requirement.”

Availability

The QuickLogic BeagleCam Camera Cape solution is available today as a ready-to-use CSSP, or as a Proven System Block (PSB) for inclusion in other CSSPs. For additional information, please go to www.quicklogic.com/ti-camif.

QuickLogic Joins TI’s Sitara™ ARM® Processor Ecosystem with Camera-Ready CSSP

Mon, 23 Jul 2012 00:00:00 -0500

Eliminates the need to use scarce USB resources for camera interface

Reduces system power consumption by 150mW

Supports visual Automated Identification and Data Capture (AIDC) requirements in the rapidly growing mobile enterprise / industrial markets

QuickLogic Corporation (NASDAQ: QUIK), the innovator of ultra-low-power programmable Customer Specific Standard Products (CSSPs), today announced the availability of a turnkey Camera Interface (CAM I/F) solution for the Sitara™ AM335x ARM® Cortex™-A8 processor from Texas Instruments (TI). By eliminating the need to dedicate an often-scarce USB port, and lowering total system power consumption, QuickLogic’s CAM I/F solution expands the application base that TI can address in the mobile enterprise and industrial markets. These applications include the rapidly emerging need to support Automated Identification and Data Capture (AIDC).

“It’s a top priority for us to offer production-ready AM335x solutions across the full breadth of potential applications that customers can quickly and easily adopt,” said Adrian Valenzuela, marketing director, Sitara ARM processors, TI. “With QuickLogic’s CAM I/F solution and supporting reference design, we are able to provide our customers a turnkey design for an ultra-low-power camera interface they can adopt with little or no ongoing engineering support.”

“CAM I/F marks the launch of our catalog CSSP strategy. With this strategy we’re extending our reach into widely diversified markets and optimizing the leverage of our engineering investment,” said Brian Faith, VP worldwide sales and marketing for QuickLogic. “We have worked closely with TI to define our new CAM I/F and accompanying reference design. We are very excited to be a valued member of their Sitara ecosystem.”

Availability

The QuickLogic BeagleCam Camera Cape solution is available today. For additional information, please go to www.quicklogic.com/ti-camif

QuickLogic Announces Q2, 2012 Earnings Conference Call

Tue, 17 Jul 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions innovator, has scheduled a conference call to discuss the company's earnings results for its fiscal second quarter on Tuesday, July 31, 2012, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's second quarter 2012 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on July 31, 2012. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode 10981322. The call recording will be archived until Tuesday, August 7, 2012, and the webcast will be available for 12 months.

QuickLogic Corporation Announces Partial Exercise of Over-Allotment Option Related to Public Offering of Common Stock

Fri, 29 Jun 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today announced that it had completed the sale of 622,000 additional shares of common stock pursuant to the partial exercise of the over-allotment option in connection with the Company’s recently announced public offering, resulting in additional net proceeds to the Company of $1.45 million after deduction of underwriting discounts.

During the Company’s recent public offering, including the underwriter’s partial exercise of its over-allotment option, the Company raised an aggregate of approximately $11.94 million in net proceeds, after deduction of underwriting discounts. After giving effect to the shares issued in the offering, the Company has 44,016,419 shares outstanding.

The Securities described above are being sold by QuickLogic pursuant to a shelf registration statement previously filed with the Securities and Exchange Commission (the “SEC”), which was declared effective by the SEC on September 2, 2009, as amended on June 1, 2012 by a related 462(b) registration statement, and as supplemented by a prospectus supplement dated June 4, 2012 filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended.

Roth Capital Partners served as the sole manager for the offering. Copies of the final prospectus supplement and accompanying base prospectus can be obtained at the SEC’s website at http://www.sec.gov or Roth Capital Partners, LLC, 888 San Clemente, Newport Beach, CA 92660, (800) 678-9147, email: rothecm@roth.com or by writing or calling the Company at 1277 Orleans Drive, Sunnyvale, California 94089-1138, Attention: Ralph Marimon, Chief Financial Officer, (408) 990-4000.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in this offering. There shall not be any sale of these securities in any state or jurisdiction in which such offering, sale or solicitation would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Statements made in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, but not limited to, the proceeds the Company expects to receive from the offering and the closing of the offering. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue,” or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate, and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Disclosure Regarding Forward-Looking Statements” and “Risk Factors” in the Company’s Annual Reports on Form 10-K, as may be supplemented or amended by the Company’s Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

QuickLogic to Showcase VEE-Enabled Display Daughter Card for Dragonboard at the Qualcomm Uplinq Conference

Tue, 26 Jun 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low-power Customer Specific Standard Products (CSSPs), is showcasing its CSSP solutions at the 2012 Qualcomm Uplinq Conference in San Diego on June 27 and 28. Attendees will learn how ArcticLink® III VX CSSP solutions can be deployed to bridge Qualcomm’s Dragonboard™ MIPI DSI interface to tablet displays with the LVDS interface.

This bridging capability is demonstrated on a daughter card that contains an ArcticLink III VX5 device which also includes QuickLogic’s VEE (Visual Enhancement Engine), based on the iridix® core from Apical Limited, and DPO (Display Power Optimizer) technology. The daughter card is designed to connect to Qualcomm’s Snapdragon-based Dragonboard and provide an easy way for engineers and architects to evaluate the bridging solution as well as the effect of the VEE and DPO technology on the visual experience and battery life savings.

Location: Snapdragon Experience Zone, Hilton San Diego Bayfront

Date: June 27-28, 2012

Time: Wednesday, June 27: 12:00 p.m. – 7:00 p.m. / Thursday, June 28: 11:00 a.m. – 5:00 p.m.

The QuickLogic reference design includes a daughter card and associated Android system software drivers.

QuickLogic Announces Inclusion in Russell 3000 Index

Mon, 25 Jun 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the innovator in low-power Customer Specific Standard Products (CSSPs), today announced that the company has been added to the broad-market Russell 3000® Index. Russell Investments reconstitutes its comprehensive set of U.S. and global equity indexes once a year and the final list of additions was posted June 22 on www.russell.com. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies.

“Joining the Russell 3000 Index is a significant milestone for QuickLogic and we are pleased to be considered one of the top 3000 largest publicly traded companies in the U.S.,” said Andrew J. Pease, president and chief executive officer. “We believe that inclusion in this index will bring increased visibility to our growth strategy based on Customer Specific Standard Products (CSSPs), benefitting the company and our existing shareholders.”

The annual reconstitution of Russell’s U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.

QuickLogic Extends North American Sales Support with Signing of Sigma Sales Corporation

Tue, 12 Jun 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced the appointment of Sigma Sales Corporation as a new sales representative covering the eastern United States. Sigma Sales Corporation will leverage its over 15 years of servicing OEM customers to extend sales support for QuickLogic’s CSSP offerings.

Sigma Sales has a proven track record of successfully selling technology. Their extensive knowledge and experience in the mobile enterprise segment, a focus area for QuickLogic, makes this partnership a perfect fit.

“Sigma Sales Corporation has built outstanding customer relationships in the mobile enterprise space,” said Brian Faith, vice president of sales and marketing for QuickLogic. These relationships will help extend the reach of QuickLogic’s CSSP solutions into the wide range of display, handheld, consumer and mobile enterprise applications developed by these OEMs.”

“We are very pleased to add QuickLogic to our list of partners,” said Joe Pomarico, president of Signa Sales. The company’s products are well-aligned with our current customer base and with the other products on our line card. At Sigma Sales, we believe in increasing sales by finding solutions and solving problems, and QuickLogic’s CSSPs will help us do just that.”

The sales representation agreement is effective immediately.

QuickLogic Announces Its VEE Enabled CSSP Is Included in New Kyocera ‘URBANO PROGRESSO’ Smartphone

Wed, 06 Jun 2012 00:00:00 -0500

Visual Enhancement Engine (VEE) technology improves display viewability in all viewing conditions

Display Power Optimizer (DPO) technology extends battery life

QuickLogic Corporation (NASDAQ: QUIK), the leader in low-power Customer Specific Standard Products (CSSPs), is proud to announce that Kyocera Corporation, has implemented QuickLogic’s Visual Enhancement Engine and Display Power Optimizer (DPO) technologies in an ArcticLink® II VX4 CSSP in the recently launched ‘URBANO PROGRESSO’ smartphone. The VX4 CSSP also has an integrated MDDI Client for communicating with the Qualcomm Snapdragon processor and Framebuffer from which to refresh the display contents.

Announced May 15, 2012 and available in Japan since May 30, 2012, the URBANO PROGRESSO features Android 4.0, and a 4-inch OLED “Luminous Display®.”

The combination of the 4-inch OLED “Luminous Display” and QuickLogic’s VEE and DPO technologies ensure that URBANO PROGRESSO users can use and enjoy their devices in higher ambient light viewing conditions, while also benefitting from a longer battery life.

“Kyocera was the first Japanese smartphone manufacturer to bring a product to market featuring a QuickLogic CSSP, in their original DIGNO® smartphone,” said Brian Faith, VP of worldwide sales and marketing for QuickLogic. “Their continued use of our solutions, and the enabling of VEE and DPO in the new URBANO PROGRESSO, demonstrates the value QuickLogic can bring to consumers.”

Availability

QuickLogic’s VEE and DPO technologies are available today as part of the ArcticLink® II VX2 and VX4 platforms and the ArcticLink III VX3, VX5 and VX6 platforms. Contact QuickLogic or visit our website at http://www.quicklogic.com/display-enhancement/ for more information on all of the technologies mentioned.

About VEE and DPO

QuickLogic’s VEE technology, based on the iridix® core from Apical Limited, greatly enhances the viewability of LCD and OLED displays under challenging lighting conditions such as bright ambient light by dynamically optimizing video characteristics to provide a natural viewing experience based on the human visual system. Used together with VEE, QuickLogic’s DPO technology enables system-level battery life extension by an average of 25% without compromising the user experience.

QuickLogic Corporation Prices Public Offering of Common Stock

Fri, 01 Jun 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today announced the pricing of its underwritten public offering of an aggregate of 4,500,000 newly issued shares of common stock, $0.001 par value, together with warrants to purchase up to 2,025,000 shares of common stock. The common stock and warrants will be sold in units (the "Units"), with each consisting of (i) one share of common stock and (ii) a warrant to purchase 0.45 of a share of common stock, at a price of $2.50 per Unit. The warrants are exercisable any time after the date of issuance until the 5-year anniversary of the date of issuance, and will be exercisable at a price of $2.98 per share. The Company expects to receive gross proceeds of $11.25 million, before deducting underwriting discounts and other estimated offering expenses. The net proceeds to the Company from this offering are expected to be approximately $10.49 million after deduction of underwriting discounts and assuming no exercise of the underwriter's over-allotment option. The underwriter has also been granted a 30-day option to purchase up to 675,000 shares of common stock and warrants to purchase 303,750 additional shares of common stock to cover over-allotments, if any. Subject to customary conditions, the offering is expected to close on June 6, 2012.

The Company intends to use the net proceeds from this offering for working capital and other general corporate purposes. The Company may also use a portion of the net proceeds for licensing or acquiring intellectual property or technologies to incorporate in our products, capital expenditures, to fund possible investments in and acquisitions of complementary businesses, partnerships, minority investments or to repay debts.

All of the shares of common stock, the warrants to purchase shares of common stock and the shares of common stock issuable upon exercise of the warrants are being offered by QuickLogic Corporation pursuant to a shelf registration statement previously filed with the Securities and Exchange Commission (the "SEC"), which was declared effective by the SEC on September 2, 2009, as amended on June 1, 2012, and as supplemented by a prospectus supplement dated June 1, 2012 filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended, and related 462(b) registration statement.

Roth Capital Partners served as the sole manager for the offering. Copies of the final prospectus supplement and accompanying base prospectus can be obtained at the SEC's website at http://www.sec.gov or Roth Capital Partners, LLC, 888 San Clemente, Newport Beach, CA 92660, (800) 678-9147, email: rothecm@roth.com or by writing or calling the Company at 1277 Orleans Drive, Sunnyvale, California 94089-1138, Attention: Ralph Marimon, Chief Financial Officer, (408) 990-4000.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

Statements made in this press release may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, but not limited to, the proceeds the Company expects to receive from the offering and the closing of the offering. Forward-looking statements can be identified by the use of words such as "may," "will," "plan," "should," "expect," "anticipate," "estimate," "continue," or comparable terminology. Such forward-looking statements are inherently subject to certain risks, trends and uncertainties, many of which the Company cannot predict with accuracy and some of which the Company might not even anticipate, and involve factors that may cause actual results to differ materially from those projected or suggested. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading "Disclosure Regarding Forward-Looking Statements" and "Risk Factors" in the Company's Annual Reports on Form 10-K, as may be supplemented or amended by the Company's Quarterly Reports on Form 10-Q. The Company assumes no obligation to update or supplement forward-looking statements that become untrue because of subsequent events, new information or otherwise.

QuickLogic Enhances Viewability of ‘PoP Video’ Pico Projector Accessory for Use with iPhone and iPod Touch

Tue, 15 May 2012 00:00:00 -0500

Visual Enhancement Engine (VEE) delivers improved content viewability in all lighting conditions

QuickLogic Corporation (NASDAQ: QUIK), the leader in low-power Customer Specific Standard Products (CSSPs), announced today that its Visual Enhancement Engine (VEE) technology has been integrated into Micron Technology’s ‘PoP Video’ pico projector accessory for use with iPhone and iPod touch.

QuickLogic’s VEE technology, based on the iridix® core from Apical Limited, enhances the PoP Video’s projection by dynamically adapting content to the viewing environment. This approach provides an increase in perceived brightness without increasing light source power consumption. With the VEE technology, PoP Video users can clearly view all types of projected content in most viewing environments.

The PoP Video is an affordable, portable, and versatile device that can project several types of media from iPhone or iPod touch. Uniquely combining affordable projection with long battery life, the PoP Video provides users with an unparalleled viewing experience.

“PoP Video sets the standard for mobile accessory pico projectors,” said Paul Karazuba, senior product marketing manager at QuickLogic. “Micron is an ideal partner, and PoP Video is an ideal platform, for bringing VEE into the pico projector accessory market.”

“QuickLogic’s VEE technology has enabled the PoP Video to bridge convenient projection with optimal visual enhancement and create a remarkable pico projector accessory,” said Negin Oliver, director of marketing for Micron Technology.

Availability

QuickLogic’s VEE technology is available today as part of the ArcticLink® II and ArcticLink III VX solution platform families. Contact QuickLogic or visit the website at www.quicklogic.com for more information.

Micron’s PoP Video pico projector accessory is available through www.thepopvideo.com and Amazon.com. Visit www.thepopvideo.com for more information.

QuickLogic Announces Fiscal 2012 First Quarter Results

Tue, 01 May 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the financial results for its fiscal first quarter ended April 1, 2012.

Total revenue for the first quarter of 2012 was $4.1 million, down 5% from the fourth quarter of 2011 and down 26% from the first quarter of 2011. During the first quarter, new product revenue decreased to $1.6 million from $1.7 million in the fourth quarter of 2011. New product revenue accounted for 40% of the total revenue in the first quarter. During the first quarter, mature product revenue decreased 6% to $2.5 million from $2.7 million in the fourth quarter of 2011, accounting for 60% of the total revenue in the first quarter.

Under generally accepted accounting principles (GAAP), the net loss for the first quarter of 2012 was $3.7 million, or $0.10 per share, compared with a net loss of $3.1 million, or $0.08 per share, in the fourth quarter of 2011 and a net loss of $0.9 million, or $0.02 per share, in the first quarter of 2011. Non-GAAP net loss for the first quarter of 2012 was $3.3 million, or $0.09 per share, compared with a non-GAAP net loss of $2.7 million, or $0.07 per share, in the fourth quarter of 2011 and a non-GAAP net loss of $0.4 million, or $0.01 per share, in the first quarter of 2011.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, May 1, 2012, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at http://ir.quicklogic.com/eventdetail.cfm?EventID=112002. To join the live conference, please dial (877) 392-9881 by 2:20 p.m. Pacific Daylight Time today. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (855) 859-2056 and reference the passcode: 70748323. The call recording will be archived until Tuesday, May 8, 2012, and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic Announces Q1, 2012 Earnings Conference Call

Tue, 17 Apr 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal first quarter on Tuesday, May 1, 2012, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's first quarter 2012 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on May 1, 2012. The conference call can be accessed via QuickLogic's website at http://ir.quicklogic.com/, or join the live conference by dialing (877) 392-9881 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (855) 859-2056 and reference the passcode 70748323. The call recording will be archived until Tuesday, May 8, 2012, and the webcast will be available for 12 months.

QuickLogic CTO to Present at Linley Tech Mobile Conference 2012

Tue, 10 Apr 2012 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that its CTO, Dr. Timothy Saxe, will present on how to “Keep Internet Security Simple (KISS)” at the Linley Tech Mobile Conference. The two-day conference will feature technical presentations addressing system design for mobile devices such as tablet computers, smartphones, navigation devices, media players, handheld games and e-book readers.

Location: The DoubleTree Hotel, 2050 Gateway Place, San Jose, CA

Time: Tuesday, April 17 at 9:00 a.m., PDT

Registration: The conference is targeted for designers of mobile devices, mobile software designers, service providers, press and the financial community.

To register, please visit: http://www.linleygroup.com/events/register.php?num=18

Dr. Saxe will discuss the tension between ease of use and security. The current paradigm of username/password approach was designed for a more benign environment, and while it scores high on ease of use it is fading fast in terms of security. The other current approach of Public Key Infrastructure (PKI) was designed for a relatively static environment, and in the high-flux Web2.0 environment its poor ease of use causes users themselves to compromise its security. Adapting security to Web2.0 requires a new paradigm that avoids the rigidity of PKI and provides a more secure authentication mechanism. Dr. Saxe’s presentation addresses the new generation of USB devices and crypto services that finally make a high level of security very easy to deploy and use.

CertiVox and QuickLogic Partner to Revolutionize Information Security in the Mobile Market

Thu, 23 Feb 2012 00:00:00 -0600

First Mass-Market Solution Features Two-Factor Authentication to Improve Secured Browsing Capabilities and Encrypted Backup for USB Drives

CertiVox, an information security company, and QuickLogic Corporation (NASDAQ:QUIK), the leader in low-power Customer Specific Standard Products (CSSPs), today announced plans to jointly develop user-friendly data solutions across platforms to solve the many online security challenges facing businesses and individuals today.

The first jointly developed product will extend the capability of secured cloud storage to a USB thumb drive, which features QuickLogic's CSSP platform and CertiVox's on-demand encryption key management. Combined, these technologies create an on-the-go solution for businesses, individuals and consumers that will deliver the benefit of CertiVox's soon-to-market SkyPin™ two-factor authentication technology, a portable browser hardened against man-in-the-middle and man-in-the-browser attacks, and on-the-fly encryption. Each USB thumb drive will be enabled for secured back up to CertiVox’s PrivateSky™ secured cloud storage. Enterprises will have the ability to manage these USB drives using a secured cloud based management service for audit and control.

“Today's online world brings a myriad of security challenges and we’re pleased to have found a real synergy with QuickLogic to provide industry-leading solutions that solve those challenges in a dynamic yet simple way,” says CertiVox CEO Brian Spector. “CertiVox's revolutionary two-factor authentication leverages robust, easily adaptable hardware solutions that QuickLogic provides.”

QuickLogic enables premium services for the markets CertiVox serves by implementing a hardware-based two-factor authentication solution using CertiVox's MIRACL libraries and QuickLogic's ArcticLink® II CXS solution platform.

“Today’s certificate-based internet security model no longer provides consumers with adequate protection in the IPv6/Web 2.0 world,” says Andy Pease, President and CEO of QuickLogic. “We believe CertiVox’s unique MIRACL software libraries delivered through QuickLogic’s flexible CSSP solutions will address the crucial authentication and identity security issues that exist in the mobile market.”

CertiVox CEO Brian Spector and QuickLogic Chief Technology Officer Timothy Saxe will be available Feb. 27 – March 2 for interviews and comment at the RSA Conference 2012 in San Francisco, Calif.

QuickLogic to Present at the ROTH Capital  24th Annual OC Growth Stock Conference

Wed, 22 Feb 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that  Mr. Andrew Pease, QuickLogic’s President and CEO, is scheduled to present at the OC Growth Stock Conference in Laguna Niguel, CA.

Location: The Ritz Carlton, 1 Dana Point, Laguna Niguel, CA 92629

Time: Monday, March 12 at 5:00 p.m., Pacific Standard Time

Webcast URL: http://wsw.com/webcast/roth26/quik/ (This presentation will be archived for 90 days.)

The company’s presentation will cover how its CSSPs uniquely position the company in the rapidly growing market for mobile products. CSSPs provide single chip solutions for smart connectivity and display and visual enhancement for a wide range of mobile products including tablets, smartphones, broadband wireless data cards, secure access data cards, and mobile enterprise products. Benefits for these solutions include longer battery life, improved consumer experience, faster time-to-market, hardware differentiation, and improved secure access and data security.

The presentation will be followed by a question and answer session. Individual one-on-one meetings with Mr. Pease and Mr. Ralph Marimon, QuickLogic’s CFO, can be arranged through Roth Capital.

QuickLogic Showcases CSSP Solutions at IIC China with Distributor Jetronic Technology

Wed, 15 Feb 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low-power Customer Specific Standard Products (CSSPs), is showcasing its CSSP solutions at the 2012 IIC China in Shenzhen. IIC is the largest show in China focusing on the latest electronic systems design solutions.

Designers and system architects of leading-edge mobile products will be able to attend product demonstrations and learn how QuickLogic’s CSSP solution platform families bring the highest quality visual experience and the lowest display power consumption to the mobile market. They will also learn how CSSPs address other design challenges including intelligent connectivity, fast sideloading, quick time-to-market and hardware based product differentiation.

Place: Shenzhen Convention and Exhibition Center, Fuhua 3rd Road, Futian Central District, Shenzhen

Date: February 23-25, 2012

Booth #: 1L12

QuickLogic will host the following product demonstrations:

Pantech Tablet Phone - High ambient light viewability and extended battery life.

VEE (based on the iridix® core from Apical Limited) offers users of the Pantech “Tablet Phone” (AKA Vega5) a superior viewing experience with WVGA resolution on a 5-inch LCD display in all viewing conditions. DPO technology enables Pantech to provide a greatly extended single-charge battery life to users of the Tablet Phone.

Jupiter Reference Design for ArcticLink® II CX Family

QuickLogic’s Jupiter reference design focuses on maximizing data storage performance through USB sideloading (transfer of files between a computer and a mobile device). The Jupiter reference design supports transfers to and from nonvolatile embedded memory such as Embedded Multimedia Cards (eMMCs) and removable memory such as Secure Digital Extended Capacity (SDXC) cards. It also protects premium content, including personal and corporate data.

QuickLogic Announces Fourth Quarter and Fiscal 2011 Results

Tue, 07 Feb 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today announced the financial results for its fourth quarter and fiscal year ended January 1, 2012.

Total revenue for the fourth quarter of 2011 was $4.3 million, down 19% sequentially and down 38% from the fourth quarter of 2010. During the fourth quarter, new product revenue of $1.7 million was up 39% sequentially and down 25% from the fourth quarter of 2010.

Under generally accepted accounting principles (GAAP), the net loss for the fourth quarter of 2011 was $3.1 million or $0.08 per diluted share, compared with a net loss of $1.5 million, or $0.04 per diluted share, in the third quarter of 2011, and a net loss of $69,000, or $0.00 per diluted share, in the fourth quarter of 2010. Non-GAAP net loss for the fourth quarter of 2011 was $2.7 million, or $0.07 per diluted share, compared with a non-GAAP net loss of $1.0 million, or $0.03 per diluted share, in the third quarter of 2011, and a non-GAAP net income of $496,000, or $0.01 per diluted share, in the fourth quarter of 2010.

Total Revenue for 2011 was down 20% to $21.0 million, compared with revenue of $26.2 million in 2010. GAAP net loss for 2011 was $7.6 million, or $0.21 per diluted share, compared with a net income of $123,000, or $0.00 per diluted share, in 2010. Non-GAAP net loss for 2011 was $5.8 million, or $0.16 per diluted share, compared with a non-GAAP net income of $1.3 million, or $0.03 per diluted share, in 2010.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Standard Time today, February 7, 2012, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To join the live conference, please dial (877) 377-7094 by 2:20 p.m. Pacific Standard Time today. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode: 46017221. The call recording will be archived until Friday, February 10, 2012 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic Introduces New Background Color Compensator for Pico Projectors

Tue, 31 Jan 2012 00:00:00 -0600

Background Color Compensator (BCC) technology adapts projected content for best viewability based on the color of the projection surface

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce availability of a new Proven System Block (PSB) called the Background Color Compensator (BCC). This technology allows pico projected-content to be correctly viewed on projected surfaces of various colors.

Hard-mounted projectors, such as those found in movie theatres and conference rooms, nearly always project onto a white screen. Accordingly, these projectors are tuned assuming a white surface. The mobile nature of pico projectors means that they can project anywhere, whether it be on the tan background of an airline seat or the red wall of a living room. Without accommodating for the different background colors, the user may experience viewing issues such as inaccurate color reproduction and reduced contrast.

QuickLogic’s BCC technology gathers projected surface color characteristics either from an on-system color light sensor or user-provided data and modifies the projected content through an on-chip proprietary color balancing algorithm. Additionally, BCC is tightly coupled with QuickLogic’s Visual Enhancement Engine (VEE) technology, which allows the color-compensated video to be further enhanced to provide the highest ‘effective lumens,’ critical to the user’s viewing experience.

According to the Pacific Media Associates 2011 Pico Projector Manufacturer Survey, the pico projector market is forecasted to grow from 2.8 million units in 2011 to over 58 million units in 2015. “As the pico projector market moves to mass adoption in smartphones and tablets, we believe our slate of unique technologies including BCC and VEE will enable QuickLogic to be a partner of choice for system designers and OEMs,” said Paul Karazuba, senior product marketing manager for QuickLogic. “These technologies directly address important user experience issues, and adopters can be assured they are providing their customers the best possible experience available.”

Availability

QuickLogic’s BCC and VEE technologies (based on the iridix® core from Apical Limited) are available today as part of the ArcticLink® II VX2 and VX4 platforms and soon in the recently announced ArcticLink III VX6 family of platforms. Contact QuickLogic at info@quicklogic.com or visit http://www.quicklogic.com/bcc for more information.

QuickLogic Announces Q4 and FY 2011 Earnings Conference Call

Wed, 25 Jan 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fourth quarter and fiscal year 2011 on Tuesday, February 7, 2012, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's fourth quarter and fiscal year 2011 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern time. The conference call can be accessed via QuickLogic's website at http://ir.quicklogic.com or you can join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode 46017221. The call recording will be archived until Friday, February 10, 2012, and the webcast will be available for 12 months.

QuickLogic Signs New Rep Group To Target Mobile OEMs in France

Mon, 23 Jan 2012 00:00:00 -0600

Partnership to drive CSSP expansion into French market

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced it has appointed TechnoREP as a new sales representative in France. TechnoREP will leverage its over 20 years of experience to further QuickLogic’s CSSP expansion into the European mobile electronics market.

With offices in Paris and southeastern France, TechnoREP specializes in microelectronics and semiconductor chipsets, including IP cores, wireless and wireless high-speed telecommunications and HD multimedia. The company is particularly focused on high-end, production-volume designs.

“France has a large number of designers and OEM manufacturers of handheld electronic devices, and some of the world’s most innovative cellular operators,” said Mr. Jean-Luc Couturier, founder of TechnoREP. “QuickLogic’s CSSPs provide solutions that are aligned with the needs of companies who focus on high-end, feature-rich mobile devices, as well as companies in the wireless and wired security space that are looking for strong, secure data transmission.”

“We are excited to welcome TechnoREP to the QuickLogic team, and to expand our penetration into the French mobile market,” said Brian Faith, VP of worldwide sales and marketing. “TechnoREP’s extensive experience and established credibility with OEMs will facilitate our connection with French customers requiring the CSSP solutions we provide.”

QuickLogic to Showcase CSSP Solutions at CES That Enhance Next Generation Mobile Devices

Tue, 03 Jan 2012 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low-power Customer Specific Standard Products (CSSPs), is showcasing its CSSP solutions at the 2012 Consumer Electronics Show (CES) in Las Vegas. Attendees will learn how CSSP solutions are being deployed into leading-edge handheld mobile devices, such as smartphones and tablets, to extend product battery life, enhance product display viewability and increase product differentiation.

Place:	Hospitality Suite 25346 MP (South Hall 2 Las Vegas Convention Center)
Date:	January 10-13, 2012
Time:	Tuesday, January 10: 10 a.m. – 6 p.m.
	Wednesday, January 11: 9 a.m. – 6 p.m.
	Thursday, January 12: 9 a.m. – 6 p.m.
	Friday, January 13: 9 a.m. – 4 p.m.

Display and Visual Enhancement Solutions

QuickLogic will discuss the recently announced ArcticLink III VX series with VEE HD+ and DPO HD+, featuring the following:

High Definition Visual Enhancement Engine HD+ (VEE HD+) technology, based on iridix core from Apical Ltd., bringing exceptional image quality and facilitating bright sunlight viewability.
High Definition Display Power Optimizer HD+ (DPO HD+) technology working in concert with VEE to extend system battery life up to 50%.
LVDS, RGB and MIPI DSI interfaces in a variety of bridging, interface pass-through and duplication/bridging configurations supporting up to WUXGA (1920x1200) resolution.

Smart Connectivity Solutions

QuickLogic will showcase the following:

3G USB Data Cards from multiple OEMs that demonstrate high speed USB Sideloading through the use of QuickLogic CSSPs that integrate High Speed USB 2.0, SD/eMMC host controllers and more.
Next generation of QuickLogic Smart Connectivity solutions with QuickLogic’s ArcticLink II CX platform family.

To register for a specific time to visit the private suite and receive personal attention, please call +1-408-990-4000 or contact QuickLogic via e-mail at ces2012@quicklogic.com.

QuickLogic to Present at the 14th Annual Needham & Company Growth Conference in New York

Wed, 21 Dec 2011 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that

Mr. Andrew J. Pease, QuickLogic’s President and CEO, and Mr. Ralph S. Marimon, the company’s Chief Financial Officer, are scheduled to present at the Needham & Company Growth Conference in New York on January 10, 2012.

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Mr. Andrew J. Pease, QuickLogic’s President and CEO, and Mr. Ralph S. Marimon, the company’s Chief Financial Officer, are scheduled to present at the Needham & Company Growth Conference in New York on January 10, 2012.

The company’s presentation will cover how its CSSP solution platform families for smart connectivity and for display and video enhancement address some of the most pressing needs of designers of leading edge mobile products including time to market, differentiation, innovation and data protection. The presentation will also cover how the company’s product strategy uniquely positions the company in the rapidly growing market for mobile products.

The slide presentation will be followed by a question and answer session. Individual one-on-one meetings can be arranged through Needham & Company.

Location: The New York Palace Hotel, 455 Madison Avenue, New York, NY 10022

Time: Tuesday, January 10 at 10:00 a.m., Eastern Time

Webcast URL: http://wsw.com/webcast/needham49/quik/ (This presentation will be archived for 90 days.)

QuickLogic Solves HD Display Bridging Issues in Mobile Device Designs with New Family of CSSPs

Tue, 06 Dec 2011 00:00:00 -0600

Features LVDS, RGB and MIPI DSI interface bridging capabilities in a variety of configurations

Supports up to WUXGA (1920x1200) resolution

DPO HD dramatically improves battery life up to 50%; VEE HD enhances bright sunlight viewability

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, has introduced a new line of display interface and enhancement solutions for the mobile market, the ArcticLink III VX series. This family of devices helps designers bridge incompatible display interfaces between processors and displays, while improving display viewability and increasing system battery life. Leveraging the latest generation of QuickLogic’s OEM-proven VEE (Visual Enhancement Engine) and DPO (Display Power Optimization) technologies, the ArcticLink III VX platform series handles virtually all displays used in tablet and smartphone designs.

Serving as a complement to QuickLogic’s existing ArcticLink II VX family, the ArcticLink III VX series features numerous technical enhancements that further address tablet and smartphone display challenges. The VEE and DPO 2.0 technologies, based on the iridix® core from Apical Limited, have undergone an upgrade to HD+ (1920x1200, or WUXGA) resolution, enabling them to provide support that surpasses today’s high-definition standards. Compared to the current generation, ArcticLink III VX has reduced the device area by 44%, and power consumption has been reduced by as much as 80%.

The ArcticLink III VX series features 13 distinct products, each featuring QuickLogic’s VEE HD+ and DPO HD+ technologies. To support mismatched interface systems, certain products feature integrated bridging between the popular RGB, MIPI DSI, and LVDS standards. According to Randy Lawson, Principal Analyst and Manager at IHS iSuppli, “More than 60M smartphones will ship this year with a mismatched processor and display interface.” To support matched interface systems, the ArcticLink III VX series also offers a number of MIPI ‘pass-through’ interface architectures. Finally, to support easy integration of embedded pico projectors, other products within the series feature a single-input, dual-output architecture, supporting both matched and mismatched interfaces.

Display and Power Optimization

Unlike existing stand-alone bridging solutions, the ArcticLink III VX series can enhance display viewability in adverse lighting conditions and extend battery life by as much as 50%. QuickLogic’s VEE HD+ technology substantially enhances viewability by dynamically optimizing the display content’s dynamic range, contrast, and color saturation based on a human visual model to provide a natural viewing experience to the user, regardless of the viewing environment. QuickLogic’s DPO HD+ technology works in conjunction with the VEE HD+ technology to extend battery life by modulating display brightness based on ambient lighting and content without negatively affecting the user experience.

“Mobile device developers are often forced to make compromises in their display choices,” says Brian Faith, Vice President of Worldwide Sales and Marketing at QuickLogic. “The ArcticLink III VX series offers system designers multiple solutions to address their specific needs through the combination of the bridging, pass-through, and dual output architectures with resolution support up to 1920 x 1200, coupled with our VEE HD+ and DPO HD+ technologies.”

Availability

QuickLogic will begin sampling the ArcticLink III VX to lead customers in Q1 2012, with mass production slated for Q3 2012. Contact QuickLogic sales at sales@quicklogic.com for more information.

QuickLogic to Present at the FPD Technology and Application Forum in Taiwan

Mon, 28 Nov 2011 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Paul Karazuba, QuickLogic’s Senior Marketing Manager, is scheduled to present at the FPD Technology and Application Forum Taipei, Taiwan.

Location: Taipei Westin Hotel, Yong Le Grand Ballroom

Time: Thursday December 8, 2011 at 3:10 p.m.

Mr. Karazuba will discuss how Customer Specific Standard Products (CSSPs) maximize design options through hardware flexibility - enabling OEMs and ODMs to rapidly develop differentiated products while reducing power consumption. He will cover how QuickLogic’s Visual Enhancement Engine (VEE) technology, based on the iridix® core from Apical Limited, greatly enhances the viewability of displays under challenging lighting conditions while its Display Power Optimizer (DPO) technology extends battery life without compromising the user experience. He will also share the QuickLogic display roadmap, explaining how the next generation of the company’s solutions addresses many of the most important challenges faced by designers of mobile devices.

QuickLogic to Present at the 7th Annual Fall Growth Stock Conference Hosted by Security Research Associates

Tue, 08 Nov 2011 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Mr. Andy Pease, QuickLogic’s President and CEO, and Mr. Ralph Marimon, the company’s Chief Financial Officer, will be presenting at the 7th Annual Fall Growth Stock Conference hosted by Security Research Associates, Inc. The conference will be held on Tuesday, November 15 at the Le Meridien Hotel in San Francisco.

Location: The Le Meridien Hotel, B Level Foyer, 333 Battery Street, San Francisco, CA

Time: Tuesday, November 15 at 10:00 a.m., Pacific Time

Room: Commodities Room

Presentation: The presentation will be made available on the QuickLogic web site in the Investor Relations section after the presentation.

Mr. Pease will discuss how Customer Specific Standard Products (CSSPs) are uniquely positioned to deliver innovative solutions for the company’s five targeted market segments which include tablets, smartphones, broadband wireless data cards, secure access data cards, and mobile enterprise products. He will elaborate on how CSSPs add value to consumers, OEMs, ODMs and partners. Consumers benefit from an enhanced user experience through display and visual enhancement, and smart connectivity. OEMs and ODMs get value from hardware flexibility which enables them to rapidly develop differentiated products. Partners benefit from improved reach into adjacent markets and new segments.

QuickLogic Announces Fiscal 2011 Third Quarter Results

Tue, 01 Nov 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the financial results for its fiscal third quarter ended October 2, 2011.

In accordance with the company’s guidance for the quarter, total revenue for the third quarter of 2011 was $5.3 million. Revenue was down 7% sequentially and 27% compared to the third quarter of 2010. During the third quarter, new product revenue increased 3% sequentially to $1.2 million, representing 23% of total revenue. During the third quarter, mature product revenue decreased 9% sequentially to $4.1 million, representing 77% of total revenue in the third quarter.

Under generally accepted accounting principles (GAAP), the net loss for the third quarter of 2011 was $1.5 million, or $0.04 per diluted share, compared with a net loss of $2.1 million, or $0.05 per diluted share, in the second quarter of 2011 and a net income of $0.6 million, or $0.01 per diluted share, in the third quarter of 2010. Non-GAAP net loss for the third quarter of 2011 was $1.0 million, or $0.03 per diluted share, compared with a non-GAAP net loss of $1.6 million, or $0.04 per diluted share, in the second quarter of 2011 and a non-GAAP net income of $0.9 million, or $0.02 per diluted share, in the third quarter of 2010.

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, November 1, 2011, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To join the live conference, please dial (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode: 21256625. The call recording will be archived until Friday, November 4, 2011 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QUICKLOGIC CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
(Unaudited)

QUICKLOGIC CORPORATION
SUPPLEMENTAL RECONCILIATIONS OF GAAP AND NON-GAAP FINANCIAL MEASURES
(In thousands, except per share amounts)
(Unaudited)

* Figures were not considered in the reconciliation of GAAP and Non-GAAP measures due to the insignificant amount.

QUICKLOGIC CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
(Unaudited)

(1) Derived from the January 2, 2011 audited balance sheet included in the 2010 Annual Report on Form 10-K of QuickLogic Corporation.

QUICKLOGIC CORPORATION
SUPPLEMENTAL DATA
(Unaudited)

(1) New products represent products introduced since 2005, and include ArcticLink, ArcticLink II, Eclipse II, PolarPro, PolarPro II, and QuickPCI II products. Mature products include Eclipse, pASIC1, pASIC2, pASIC3, QuickDSP, QuickFC, QuickMIPS, QuickPCI, QuickRAM and V3 products, as well as royalty revenue, programming hardware and software.

QuickLogic Announces Kyocera’s 1st Smartphone for the Japan Market Incorporates VEE & DPO Technologies

Thu, 27 Oct 2011 00:00:00 -0500

Kyocera DIGNO® smartphone (ISW11K) is super-slim, waterproof, weighs only 130 grams and supports GSM/CDMA/4G WiMAX

QuickLogic’s VEE technology improves the bright ambient light viewing experience on vibrant Organic Light Emitting Diode (OLED) “Luminous Display”

QuickLogic Corporation (NASDAQ: QUIK), the leader in low-power Customer Specific Standard Products (CSSPs), is proud to announce that Kyocera Corporation, a leading supplier of wireless products and accessories in Japan and North America, is the first smartphone OEM to bring a product to the Japan market using a CSSP that includes QuickLogic’s Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies, and an integrated Mobile Display Digital Interface (MDDI) to RGB bridge. Kyocera announced on September 26 that its first Android smartphone for the Japan market, DIGNO, will be offered on KDDI Corporation’s au network in Japan. The DIGNO smartphone supports Global Passport (GSM/CDMA) and 4G WiMAX standards, and is powered by a second-generation Qualcomm Snapdragon® 8x55 processor.

The DIGNO smartphone includes a One-Seg tuner for viewing mobile television on the smartphone display. The combination of the 4.0-inch WVGA (800x480) resolution OLED “Luminous Display” and VEE ensures DIGNO smartphone users enjoy a richer visual experience in all viewing conditions of One-Seg television, videos, photos and other high-resolution content. Kyocera designed the DIGNO smartphone for an amazing consumer experience through its light weight, super-slim body and exceptional battery life. Working in concert with VEE, QuickLogic’s DPO technology significantly extends battery life while VEE enriches the viewing experience in all lighting conditions and enables use in direct sunlight.

“Kyocera has brought several innovations to market in its first Japanese Android smartphone, including the light-weight, super-slim body and vibrant display,” said Brian Faith, VP of worldwide sales and marketing for QuickLogic. “We are excited and proud that Kyocera chose to leverage QuickLogic’s VEE and DPO technology strengths in the DIGNO smartphone.”

Availability

QuickLogic’s VEE and DPO technologies are available today as part of the ArcticLink® II VX2 and VX4 platforms. Contact QuickLogic or visit our website at http://www.quicklogic.com/display-enhancement/ for more information on all of the technologies mentioned.

About VEE and DPO

QuickLogic Announces Q3 2011 Earnings Conference Call

Tue, 25 Oct 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal third quarter on Tuesday, November 1, 2011, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's third quarter 2011 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on November 1, 2011. The conference call can be accessed via QuickLogic's website at http://ir.quicklogic.com, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time on November 1, 2010. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode 21256625. The call recording will be archived until Friday, November 4, 2011, and the webcast will be available for 12 months.

QuickLogic Delivers Power-Efficient Connectivity Between Qualcomm Modem Chipset and Application Processors

Wed, 05 Oct 2011 00:00:00 -0500

Enables application processors with SDIO interface to connect to Qualcomm  modem chipset with EBI2 interface

Provides low-cost, low-power alternative to USB-based interfaces

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced the availability of a new application solution for the PolarPro® platform family which connects the SDIO port(s) on application processors to the EBI2 interface found on Qualcomm modem chipsets. This new application solution gives mobile and handheld device designers a low-cost, lower-power, and easy-to-use alternative to common interfaces such as USB ports.

Many mobile device architectures utilize a PHY-based USB for device-to-device connectivity, including application processor-to-cellular modem chipsets. The SDIO interface is a lower power, lower cost solution that requires less software overhead than the PHY-based USB ports which consume more power than necessary to support device-to-device connectivity. QuickLogic’s new application solution enables the use of SDIO ports on application processors, from companies such as Freescale, Marvell, MediaTek, nVIDIA and Texas Instruments to connect to the EBI2 interface of Qualcomm’s modem chipsets. QuickLogic also provides the software drivers that enable the solution to work with the Linux OS.

“The SDIO to EBI2 client application solution was developed based on strong market demand to connect application processors directly to Qualcomm modem chipsets via a non-USB interface,” said Mehul Kochar, senior business development manager for QuickLogic. “Today’s mobile device designers must always take into consideration cost, power consumption and ease of use in order to stay competitive. As SDIO interfaces gain in popularity, designers need flexible connectivity solutions that facilitate the design process and enhance the user experience.”

Availability

The SDIO to EBI2 client application solution is available immediately. It can be implemented in PolarPro devices, which are available today in packages as small as the 3.25mm x 3.49mm WLCSP. For more information on QuickLogic's CSSP capabilities and platforms, please visit http://www.quicklogic.com/cssp-solution-overview/

QuickLogic to Present at the Multimedia Day - Audio/Video Processing Technology Forum in Taiwan

Fri, 05 Aug 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Paul Karazuba, QuickLogic’s Senior Marketing Manager, is scheduled to present at the Multimedia Day — Audio/Video Processing Technology Forum Taipei, Taiwan.

Location: Taipei Westin Hotel, B3 Yong Le Grand Ballroom

Time: Thursday August 11, 2011 at 11:10 a.m.

The latest generation of smart phones and tablet computers feature larger, more vibrant touch screens which are ideal for a variety of multimedia activities including web browsing, viewing videos, and playing games. With the increase in display size and quality comes an expectation of a superior viewing experience. However, these same displays, which appear so vibrant indoors, are most often difficult or even impossible to view outdoors. As a result, OEMs and ODMs are constantly searching for ways to boost display viewability, especially in challenging conditions such as bright sunlight.

The speaker will present an overview of QuickLogic’s Visual Enhancement Engine (VEE), based on the iridix® core from Apical Limited, and Display Power Optimizer (DPO) technologies, which use a human eye model of perception to greatly enhance the viewability of mobile device displays in all ambient lighting conditions, while also saving a significant amount of system power.

QuickLogic Announces Fiscal 2011 Second Quarter Results

Tue, 02 Aug 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the financial results for its fiscal second quarter ended July 3, 2011.

Total revenue for the second quarter of 2011 was $5.7 million, up 3% sequentially and down 11% compared to the second quarter of 2010. During the second quarter, new product revenue stayed flat at $1.2 million sequentially and accounted for 21% of total revenue. During the second quarter, mature product revenue increased to $4.5 million from $4.3 million in the first quarter of 2011, accounting for 79% of total revenue in the second quarter of 2011.

Under generally accepted accounting principles (GAAP), the net loss for the second quarter of 2011 was $2.1 million, or $0.05 per share, compared with a net loss of $0.9 million, or $0.02 per share, in the first quarter of 2011 and a net loss of $0.2 million, or $0.01 per share, in the second quarter of 2010. Non-GAAP net loss for the second quarter of 2011 was $1.6 million, or $0.04 per share, compared with a non-GAAP net loss of $0.4 million, or $0.01 per share, in the first quarter of 2011 and a non-GAAP net income of $0.4 million, or $0.01 per diluted share, in the second quarter of 2010.

“As announced last week, Pantech’s Vega 5 Tablet-Phone incorporating a VEE/DPO enabled CSSP began production in Q2,” said Andy Pease, QuickLogic’s President and CEO. “This represents the achievement of a significant milestone in our strategy and demonstrates that we are developing meaningful traction for CSSP based designs in our strategic market segments.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, August 2, 2011, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To join the live conference, you may dial (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode: 83426213. The call recording will be archived until Friday, August 5, 2011 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements made by our CEO relating to the revenue generating potential of new products, which is dependent on the market acceptance of our products and the level of customer orders. Actual results could differ materially from the results described in these forward-looking statements. Factors that could cause actual results to differ materially include: delays in the market acceptance of the Company’s new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers’ products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition, including the introduction of new products by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; capacity constraints; and general economic conditions. These factors and others are described in more detail in the Company’s public reports filed with the Securities and Exchange Commission, including the risks discussed in the “Risk Factors” section in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and in the Company’s prior press releases.

QuickLogic Announces Second-generation DPO Technology, Increases Power Savings for Smartphones and Tablets

Mon, 01 Aug 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce the release of its second generation DPO (Display Power Optimizer) technology, which offers additional system battery life extension capabilities through a novel feature called ‘Intelligent Brightness Control.’

Intelligent Brightness Control improves upon the previous generation of DPO technology by increasing power savings when watching video. Previously, the DPO technology regulated display brightness solely based on ambient lighting resulting in documented battery life extensions of as much as 41%. The new Intelligent Brightness Control capability in the DPO 2.0 technology offers additional system battery life savings of up to 10% (content-dependent). By combining the capabilities of adjusting display brightness based on ambient light and content, the DPO 2.0 technology can improve single-charge system battery life by as much as 50%.

QuickLogic’s complementary VEE technology, based on the iridix® core from Apical Limited, greatly enhances the viewability of mobile displays under challenging lighting conditions such as bright ambient light through dynamically optimizing video characteristics to provide a natural viewing experience based on the human visual system. Working with our VEE technology, DPO adjusts display brightness without negatively affecting the viewing experience, significantly extending single-charge battery life.

“Our new DPO 2.0 technology, paired with our VEE technology, represents a significant evolution in our display enhancement and power savings product line,” said Paul Karazuba, senior product marketing manager for QuickLogic. “Combining our existing ability to dramatically increase display viewability and extend battery life based on the viewing environment with the new capability to save even more power based upon displayed content benefits our OEM customers and end users.”

Availability

QuickLogic’s DPO 2.0 technology is available immediately as a PSB (Proven System Block) in mass-production qualified ArcticLink II VX2 and VX4 CSSP solution platforms. Contact QuickLogic at info@quicklogic.com or visit http://www.quicklogic.com/ for more information.

QuickLogic Receives First High Volume Production Order from Pantech for Tablet Phone

Tue, 26 Jul 2011 00:00:00 -0500

Visual Enhancement Engine (VEE) technology brings exceptional image quality to the 5-inch WVGA screen

Display Power Optimizer (DPO) technology works in concert with VEE to extend system battery life an average of 25%

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce the receipt of the first volume production order for VEE and DPO technologies for the new Pantech Tablet Phone dual-core Snapdragon smartphone which has been released this month in South Korea.

VEE allows Tablet Phone users a great viewing experience with the WVGA resolution, 5-inch LCD display in all viewing conditions, in contrast to other smartphones whose viewability “washes out” in challenging ambient light situations. DPO technology enables Pantech to provide Tablet Phone users a product with a greatly extended single-charge battery life, which is especially important on a smartphone that features typically higher-power consuming items such as a 5” display and 1.5GHz dual-core processor.

“OEMs and ODMs focused on improving the user experience are constantly looking for solutions to improve outdoor display visibility and extended battery life,” said Brian Faith, VP of worldwide sales and marketing for QuickLogic. “We are very excited to announce our first smartphone production win with VEE and DPO alongside Pantech, and look forward to many more in the future.”

Availability

QuickLogic’s VEE and DPO technologies are available today as part of the ArcticLink® II VX2 and VX4 platforms. Contact QuickLogic or visit our website at http://www.quicklogic.com for more information on all of the technologies mentioned.

About VEE and DPO

QuickLogic’s ArcticLink VX2, VX4 and MDDO Software Support Android 3.0

Tue, 19 Jul 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce that its ArcticLink® II VX2 and VX4 semiconductor platforms and MDDO (Mobile Device Display Optimizer) software have been field-proven to support the Android 3.0 mobile operating system.

Android 3.0, also known as Honeycomb, is the OS (Operating System) of choice for the growing majority of tablet OEMs. Mobile designers at leading OEMs have confirmed that QuickLogic’s ArcticLink II VX2 and VX4 solution platforms containing QuickLogic’s VEE (Visual Enhancement Engine) and DPO (Display Power Optimizer) technologies, including all required drivers and software, are Android 3.0 OS-compatible.

QuickLogic’s MDDO software allows the QuickLogic CSSP to communicate directly with the host system through standard Android APIs to collect system data, such as ambient light and display backlight levels, which is essential for the proper operation of the VEE and DPO technologies. QuickLogic’s MDDO software removes the challenge of designing and verifying these communication paths from the system designer resulting in substantial development time and cost savings.

“Android 3.0 support is critical to success in the tablet market,” said Paul Karazuba, senior product marketing manager for QuickLogic. “Confirmation that our solution offering, from our VX silicon platforms to our drivers and software, has been field-tested and is Android compatible, demonstrates our commitment to this market and to our customers.”

Availability

QuickLogic’s VX2 and VX4 solution platforms are available today. Contact QuickLogic at info@quicklogic.com or visit http://www.quicklogic.com/ for more information.

QuickLogic Announces Q2, 2011 Earnings Conference Call

Thu, 14 Jul 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal second quarter on Tuesday, August 2, 2011, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's second quarter 2011 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on August 2, 2011. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time on August 2, 2011. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (404) 537-3406 and reference the passcode 83426213. The call recording will be archived until Friday, August 5, 2011, and the webcast will be available for 12 months.

QuickLogic Announces Availability of Jupiter Application Reference Design for ArcticLink II CX Family

Wed, 29 Jun 2011 00:00:00 -0500

Accelerates evaluation time and enables performance benchmarking

Showcases fast sideloading and content protection capabilities of solution

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce the availability of its Jupiter™ application reference design, based on the ArcticLink® II CX CSSP. The Jupiter reference design accelerates the evaluation period for system designers and architects making it easier to perform real-world performance benchmarking for capabilities such as fast sideloading and content protection.

QuickLogic’s Jupiter reference design focuses on maximizing data storage performance through USB sideloading (transfer of files between a PC and a mobile device) from/to nonvolatile memory and memory cards, such as Embedded Multimedia Card (eMMC) and Secure Digital Extended Capacity (SDXC) cards, and protecting premium content, including personal and corporate data. In addition to faster transfer times, sideloading offloads the application processor during data transfers to/from nonvolatile storage, enabling more processor MIPS to be allocated for running consumer applications.

As compute and storage capabilities on mobile devices continue to increase, so will the security threat. Protecting premium content, including personal and corporate data being stored in these devices, is a big area of concern. The Jupiter reference design supports hardwired Advanced Encryption Standard (AES), completely offloading the data protection function from the CPU.

“The Jupiter application reference design provides OEMs with a tool to evaluate ArcticLink II CX and benchmark the sideload performance using different memories,” said Brian Faith, VP worldwide sales and marketing for QuickLogic. “This reference design offers OEMs seamless integration of customer-specific hardware and firmware and the flexibility necessary to improve the consumer’s user experience, resulting in differentiation for their devices in the mobile consumer marketplace.”

Availability

QuickLogic’s Jupiter application reference design for the ArcticLink II CX solution platform family is available, and can be demonstrated, immediately. The ArcticLink II CX solution platform will be available in production the latter half of 2011. Contact QuickLogic or watch the video at http://www.youtube.com/watch?v=XidbHBgNAok for more information on the CX Solution Platforms, and additional Proven System Blocks (PSBs) that can be incorporated into the programmable fabric for customer-specific use cases.

QuickLogic’s RGB-Split Technology Enables Next Generation of Foldable Tablets and Smartphones

Tue, 21 Jun 2011 00:00:00 -0500

An innovative, system-proven solution for splitting a single CPU display signal for multiple display systems

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce that its RGB-split technology with its unique display signal splitting architecture has been system verified and is ready for adoption into the next generation of foldable tablet computers and smartphones.

A foldable smartphone or tablet offers the advantage of multiple independent displays, separated by a hinge, with which users can simultaneously interact and view. As display content is shared across multiple displays, foldable systems allow a much larger effective display size without the increased physical size inherent in a larger single display system. This is a feature that is particularly important for the mobile consumer.

Foldable systems present a unique challenge to system designers in that display data must be split across multiple screens, requiring the synchronization of multiple video paths. Application processors typically used in smartphones and tablets may only have a single display output, or dual outputs that are not synchronized. QuickLogic’s RGB-split technology, implemented as part of a CSSP silicon solution, allows the single incoming display signal from the processor to be split into two, three or even more displays without the need for expensive custom silicon and processor-intensive software.

“The usability advantages of foldable tablets and smartphones are substantial; however, system design has always been extremely complicated when dealing with splitting and synchronizing display signals,” said Paul Karazuba, senior product marketing manager for QuickLogic. “QuickLogic’s RGB-split technology enables designers to easily adopt the “foldable” multiple display model into traditional system architectures with a minimum of effort, speeding time to market.”

Availability

QuickLogic’s RGB-split technology is available today as part of the ArcticLink® II VX2 and VX4 platforms. Contact QuickLogic at info@quicklogic.com or visit http://www.quicklogic.com/rgb-split-overview/ for more information.

QuickLogic to Present at the DigiTimes Computex 2011 Forum in Taiwan

Tue, 31 May 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Mr. Andrew J. Pease, QuickLogic’s President and CEO, and Mr. Brian Faith, VP Worldwide Sales and Marketing, are scheduled to present at the DigiTimes Computex 2011 Mobile Technology and Application Design Forum in Taipei, Taiwan.

Location: Taipei International Convention Center, Conference Room 102

Time: Wednesday, June 1 at 3:50 p.m.

Mr. Pease will provide an overview of the company’s CSSP strategy and how CSSP solution platforms provide the flexibility necessary to deliver innovative solutions for multimedia- oriented and multi-modem smartphone and tablet applications. Mr. Faith will discuss how the company’s Display Power Optimizer (DPO) technology has increased battery life in tablets by up to 41%. Mr. Faith will also elaborate on how the Visual Enhancement Engine (VEE) technology presents a unique opportunity to solve a key technical issue in pico projectors and to add greatly to the user experience by increasing the effective lumens of projected content.

QuickLogic to Showcase Longer Battery Life, Bright Sunlight Viewability, and Faster USB Sideloading Solutions at Qualcomm’s Uplinq Conference

Tue, 31 May 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that it will demonstrate its system-proven Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies, and USB Sideloading acceleration solutions at the Uplinq 2011 Conference (http://www.uplinq.com/). Uplinq, sponsored by Qualcomm, is a wireless ecosystem conference that brings together developers and publishers, device makers, mobile operators and technology providers focused on their shared interest in building businesses around mobile applications.

Location: Manchester Grand Hyatt, One Market Place, San Diego, CA

Booth: # 211

Time: Wednesday, June 1st 12:00 PM – 7:00 PM / Thursday, June 2nd 12:15 PM – 5:00 PM

QuickLogic’s demonstrations will be featured in the Mobile Innovations Showcase, which is designed to provide hands-on, direct access to the latest in mobile technology, products and services. Attendees will be able to experience directly the benefits provided by QuickLogic’s VEE and DPO technologies. These technologies greatly enhance the viewability of mobile device displays under challenging viewing conditions such as bright ambient light by dynamically optimizing video characteristics to provide a natural viewing experience. Used in conjunction with VEE, the DPO technology extends single charge battery life by up to 41%.

QuickLogic will also be demonstrating an extremely fast USB Sideloading solution tailored for the mobile market. QuickLogic implements its customized solutions with silicon platforms and software drivers tailored for Qualcomm's Snapdragon™ chipsets.

QuickLogic Announces Fiscal 2011 First Quarter Results

Tue, 03 May 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the financial results for its fiscal first quarter ended April 3, 2011.

Total revenue for the first quarter of 2011 was $5.5 million, down 20% sequentially and up 2% from the first quarter of 2010. During the first quarter, new product revenue decreased to $1.2 million from $2.3 million in the fourth quarter of 2010. New product revenue accounted for 22% of the total revenue in the first quarter. During the first quarter, mature product revenue decreased 8% to $4.3 million from $4.7 million in the fourth quarter of 2010, accounting for 78% of the total revenue in the first quarter.

Under generally accepted accounting principles (GAAP), the net loss for the first quarter of 2011 was $0.9 million, or $0.02 per diluted share, compared with a net loss of $0.1 million, or $0.00 per diluted share, in both the fourth quarter and the first quarter of 2010. Non-GAAP net loss for the first quarter of 2011 was $0.4 million, or $0.01 per diluted share, compared with a non- GAAP net income of $0.5 million, or $0.01 per diluted share, in the fourth quarter of 2010 and a non-GAAP net loss of $0.5 million, or $0.01 per diluted share, in the first quarter of 2010.

“As previously announced, we had a revenue shortfall in the first quarter. While I’m disappointed in our short term results, I am not discouraged about our future success in light of our continued positive progress in the smartphone and tablet markets,” said Andy Pease, QuickLogic’s President and CEO. “We continue on track toward a mid-year launch of a previously discussed VEE/DPO-enabled smartphone and we continue to make progress on several new VEE/DPO-enabled tablet designs.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, May 3, 2011, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To participate in the conference, please call (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (706) 645- 9291 and reference the passcode: 61602795. The call recording will be archived until Friday, May 6, 2011 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP financial measures to non-GAAP financial measures is included in the financial statements portion of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non- GAAP financial measures with their most directly comparable GAAP financial measures.

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements made by our CEO relating to the revenue generating potential of new products, which is dependent on the market acceptance of our products and the level of customer orders. Actual results could differ materially from the results described in these forward-looking statements. Factors that could cause actual results to differ materially include: delays in the market acceptance of the Company’s new products; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end- of-life products; the level and timing of customer design activity; the market acceptance of our customers’ products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition, including the introduction of new products by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; capacity constraints; and general economic conditions. These factors and others are described in more detail in the Company’s public reports filed with the Securities and Exchange Commission, including the risks discussed in the “Risk Factors” section in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and in the Company’s prior press releases.

Q2 2011 Financial Tables

QuickLogic Announces Q1, 2011 Earnings Conference Call

Fri, 22 Apr 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal first quarter on Tuesday, May 3, 2011, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's first quarter 2011 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on May 3, 2011. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time on May 3, 2011. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode 61602795. The call recording will be archived until Friday, May 6, 2011, and the webcast will be available for 12 months.

QuickLogic Announces the Promotion of Brian Faith to Vice President, Worldwide Sales & Marketing

Fri, 15 Apr 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), announced today the promotion of Brian Faith to Vice President, Worldwide Sales & Marketing.

“It is with the greatest of pleasure that I announce the promotion of Brian Faith to Vice President, Worldwide (WW) Sales & Marketing”, said Andy Pease, President & CEO.

“Over the last three months, as we conducted an in-depth, worldwide search for a new VP of Sales, Brian took on the role in an interim capacity. He brought tremendous leadership, drive and focus to the position. It became apparent that he was the “bench-mark” of what we were looking for, and that none of the talented individuals we interviewed demonstrated the same vision, business acumen and technical ability in relation to our CSSP model that Brian brought to the role. The senior leadership role in sales was always part of our succession plan for Brian, we have simply chosen to accelerate this aspect of his contribution and continued development at this time”.

Mr. Faith joined QuickLogic in June of 1996 and has served as our Vice President of Worldwide Marketing since October, 2008. He holds a Bachelor of Science in Computer Engineering from Santa Clara University, and has also served as Adjunct Lecturer at Santa Clara University for Programmable Logic courses.

QuickLogic CTO to Present at Inaugural Linley Tech Mobile Conference

Tue, 12 Apr 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that its CTO, Dr. Tim Saxe, will present “Optimizing Battery Life and Sideloading Performance with USB Tunneling” at the inaugural Linley Tech Mobile Conference. The conference will feature technical presentations from industry-leading companies addressing system design for mobile devices such as tablets, smartphones, navigation devices, media players, handheld games and e-book readers.

Location: The DoubleTree Hotel, 2050 Gateway Place, San Jose, CA

Time: Wednesday, April 20 at 3:25 p.m.

Registration: The conference is intended for architects and designers of mobile devices, mobile software designers, service providers, investors and press. Qualified attendees, who register by April 14, will receive free admission.

To register, please visit: http://linleygroup.com/Seminars/mobile_registration.html

Dr. Saxe will discuss how USB tunneling is used to optimize battery life and sideloading performance. The constraint on pin count for mobile system on chips, or SoCs, is driving the adoption of serial interface standards such as USB. Initially, the adoption of these standards results in an increase in design complexity, but with the appropriate architecture and support, these standards can reduce overall system complexity. Dr. Saxe’s presentation addresses the challenges and solutions faced in a typical design to make effective use of USB as a primary interface to a mobile processor.

QuickLogic Announces Preliminary Q1 2011 Revenue

Fri, 08 Apr 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that it expects to report first quarter revenue of approximately $5.5 million compared to previously announced guidance of approximately $6.8 million, plus or minus 10%. New product revenue is expected to be approximately $1.2 million while mature product revenue is expected to be approximately $4.3 million as compared to previously announced guidance of approximately $2.2 million and $4.6 million plus or minus 10%, respectively.

Approximately 60% of the shortfall in new product revenue was in the company’s broadband data card segment and the majority of the remaining shortfall was in the company’s secure access data card segment. The company reported that the primary reasons for the lower new product revenue include:

Broadband Data Card Segment: For the second half of the first quarter, sell through and shipment forecasts for the company’s two largest Tier 1 OEMs did not achieve the forecasts provided by these OEMs and validated by our baseband modem partner in early February.
Secure Access Datacard Segment:
1. Business Solution: The company’s customer delayed this product rollout. The customer’s original intent was to launch this product with CSSPs based on the company’s existing platforms and then transition to the new ArticLink CX II platform, but the customer decided to delay this product rollout until the CX platform was available.
2. Banking Solution: The company’s customer discovered an issue in the printed circuit board (PCB) design that was unrelated to QuickLogic’s CSSP. Although the company received a first quarter shipment commitment from this customer, the PCB issue has delayed the shipment of the company’s CSSP.

“While it is unfortunate that we had large, unrelated shortfalls within the same quarter, we are encouraged by our continued positive progress in the smartphone and tablet markets,” said Andy Pease, QuickLogic’s President and CEO. “This progress includes BenQ’s launch of their R100 tablet in mid-February in initial Asian markets; our continued progress toward a mid-year launch of a previously discussed VEE/DPO-enabled smartphone; and our anticipated mid-year launch of a new VEE/DPO-enabled tablet with a Tier One OEM.”

QuickLogic cautions that the financial results disclosed are preliminary based on the best information currently available to the company and are subject to completion and quarterly review of the financial statements. Complete financial results are expected to be released on May 3, 2011.

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic to Present at the Globalpress Electronics Summit 2011 in Santa Cruz, CA

Thu, 24 Mar 2011 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Mr. Andrew J. Pease, QuickLogic’s President and CEO, is scheduled to present at the Globalpress Electronics Summit in Santa Cruz, CA.

Location: The Chaminade Resort, Santa Cruz, CA

Time: Tuesday, March 29 at 9:10 a.m., PDT

Video: The presentation will be posted on www.quicklogic.com and blog.quicklogic.com

Mr. Pease will discuss QuickLogic’s vision for mobile devices and how system intelligence will be distributed among multiple components leading to a powerful convergence of high intelligence, portability and contextual awareness. He will describe what this convergence will mean to the mobile device market and how QuickLogic's innovative CSSP solution platforms are uniquely architected to enable and facilitate this convergence through integration and flexibility.

QuickLogic’s VEE Technology Enhances Effective Lumens of Pico Projector Content

Tue, 15 Mar 2011 00:00:00 -0500

VEE enables improved content viewability without increasing projector light source wattage

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), announced today that its Visual Enhancement Engine (VEE) technology greatly increases the viewability of pico projector content without increasing the projector’s light source wattage.

Along with size and cost, the biggest barrier that OEMs face in adopting a pico projector into handheld devices like smartphones and tablets is projected content viewability. The only solution to date has been to increase the projector’s light source wattage. However, since pico projectors typically consume more than 1W in the already-taxed power environment of a handheld device, this is simply not possible. QuickLogic’s VEE technology, based on the iridix® core from Apical Limited, provides the ideal solution by dynamically adapting projected content to the viewing environment. This solution allows for an increase in effective lumens without an increase in light source wattage.

“According to In-Stat, the pico projector market is expected to reach 2.3 billion units by 2014, including mobile handsets moving from a 15% embed rate to over 90%,” said Paul Karazuba, senior product marketing manager at QuickLogic. “VEE presents a unique opportunity to solve a key technical adoption issue for pico projectors and to add greatly to the user experience through increased viewability and effective lumens of projected content. We are currently working with a number of mobile device OEMs and pico projector manufacturers to bring VEE to consumer pico projectors.”

Availability

QuickLogic’s VEE technology is available today as part of the ArcticLink® II VX2 and VX4 solution platform family. Contact QuickLogic or visit the website at http://www.quicklogic.com for more information.

QuickLogic to Present at the ROTH Capital 23rd Annual OC Growth Stock Conference in Laguna Niguel

Mon, 28 Feb 2011 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Mr. Andrew Pease, QuickLogic’s President and CEO, is scheduled to present at the OC Growth Stock Conference in Laguna Niguel, CA.

Location: The Ritz Carlton, 1 Dana Point, Laguna Niguel, CA 92629

Time: Monday, March 14 at 2:30 p.m., Pacific Standard Time (TRACK 5)

Webcast URL: http://www.wsw.com/webcast/roth24/quik/
(This presentation will be archived for 90 days.)

Mr. Pease will discuss the company's market position and growth strategies. He will also describe the company’s innovative CSSP solutions for QuickLogic’s five targeted market segments including tablets, smartphones, broadband wireless data cards, secure access data cards, and mobile enterprise products. CSSPs are a single-chip solution that offers mobile OEMs and ODMs the integration and flexibility required to accelerate time-to-market and differentiate their own products.

The presentation will be followed by a question and answer session. Individual one-on-one meetings with Mr. Pease and Mr. Ralph Marimon, QuickLogic’s CFO, can be arranged through Roth Capital.

QuickLogic Announces Fourth Quarter and Fiscal 2010 Results – 2010 New Product Revenue up 93% Year over Year

Tue, 08 Feb 2011 00:00:00 -0600

Total revenue for the fourth quarter of 2010 was $7.0 million, up 63% from the fourth quarter of 2009 and down 5% from the third quarter of 2010. During the fourth quarter, new product revenue of $2.3 million was up 10% from the fourth quarter of 2009 and down 19% from the third quarter of 2010. This sequential decrease in new product revenue was primarily driven by our customer’s rebalancing of inventory across the broadband wireless data card market.

Under generally accepted accounting principles (GAAP), the net loss for the fourth quarter of 2010 was $70,000 or $0.00 per diluted share, compared with a net loss of $1.9 million, or $0.06 per diluted share, in the fourth quarter of 2009, and a net income of $0.6 million, or $0.01 per diluted share, in the third quarter of 2010. Non-GAAP net income for the fourth quarter of 2010 was $0.5 million, or $0.01 per diluted share, compared with a non-GAAP net loss of $1.3 million, or $0.04 per diluted share, in the fourth quarter of 2009, and a non-GAAP net income of $0.9 million, or $0.02 per diluted share, in the third quarter of 2010.

Total Revenue for 2010 was up 74% to $26.2 million, compared with revenue of $15.1 million in 2009. GAAP net income for 2010 was $0.1 million, or $0.00 per diluted share, compared with a net loss of $9.8 million, or $0.32 per diluted share, in 2009. Non-GAAP net income for 2010 was $1.3 million, or $0.03 per diluted share, compared with a non-GAAP net loss of $7.1 million, or $0.23 per diluted share, in 2009.

“I am very pleased with our 2010 results, including a significant increase in our revenue and our return to profitability. While quarterly revenue was impacted by a channel-wide inventory rebalancing, we are excited we initiated production shipments in the fourth quarter of our Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technology to BenQ in its new innovative Android™ Tablet,” said Andy Pease, QuickLogic’s President and CEO. “We expect this will be the first of many tablet and smartphone designs to be reported this year. With the widespread consumption of video in mobile devices, our customers are leveraging the dramatically extended battery life and direct sunlight visibility delivered by our VEE/DPO enabled CSSPs.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Standard Time today, February 8, 2011, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To join the live conference, please dial (877) 377-7094 by 2:20 p.m. Pacific Standard Time today. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode: 39105943. The call recording will be archived until Friday, February 11, 2011 and the webcast will be available for 12 months.

About VEE

QuickLogic’s VEE technology, based on the iridix® core from Apical Ltd, greatly enhances the viewability of mobile displays under challenging viewing conditions such as bright ambient light while dynamically optimizing displayed content to provide the most natural viewing experience for the user. Used in conjunction with the VEE technology, QuickLogic’s Display Power Optimizer (DPO) technology has been field-proven to extend system battery life of tablets and smartphones by as much as 36% through reduced display backlight without comprising the viewing experience.

Non-GAAP Financial Measures

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP financial measures to non-GAAP financial measures is included in the financial statements portion of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non- GAAP financial measures with their most directly comparable GAAP financial measures.

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements made by our CEO relating to the revenue generating potential of new products, which is dependent on the market acceptance of our products and the level of customer orders. Actual results could differ materially from the results described in these forward-looking statements. Factors that could cause actual results to differ materially include: delays in the market acceptance of the Company’s new products; inventory rebalancing in the channel; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers’ products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition, including the introduction of new products by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; capacity constraints; and general economic conditions. These factors and others are described in more detail in the Company’s public reports filed with the Securities and Exchange Commission, including the risks discussed in the “Risk Factors” section in the Company’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and in the Company’s prior press releases.

QuickLogic to Showcase VEE and DPO-Enabled Tablets at Mobile World Congress 2011

Mon, 07 Feb 2011 00:00:00 -0600

VEE and DPO Technologies deliver bright sunlight viewability and up to 36% battery life improvement

Demonstrating its continued commitment to the mobile consumer electronics market, QuickLogic Corporation (NASDAQ: QUIK), announced today that it will attend Mobile World Congress 2011 at the Fira de Barcelona, Barcelona, Spain, February 14-17, 2011. This year, QuickLogic will showcase tablets with the innovative VEE (Visual Enhancement Engine) and DPO (Display Power Optimizer) Technologies at stand number 2.1 EZ1 in the Enterprise Zone, Hall 2.1, at the lower level.

A visit to the QuickLogic stand will help you personally experience the dramatically enhanced viewing experience achieved by using QuickLogic's VEE technology, based on the iridix® core from Apical Limited, and how the DPO technology is being used to extend battery life. VEE technology greatly enhances the viewability of mobile device displays under challenging viewing conditions such as bright ambient light by dynamically optimizing video characteristics to provide a natural viewing experience. Used in conjunction with the VEE technology, QuickLogic's DPO technology enables developers to extend battery life by lowering display backlight or LED intensity without compromising the viewing experience, saving considerable system power and extending single-charge battery life.

QuickLogic Introduces New Software to Accelerate Integration of VEE/DPO Technology into the Android Operating System

Wed, 26 Jan 2011 00:00:00 -0600

QuickLogic’s Mobile Device Display Optimizer (MDDO) software allows system designers to reduce integration time for Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies into mobile products

Speeds time-to-market by providing a standard software platform that substantially improves the native Auto Backlight controls in Android™

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced the release of its new Mobile Device Display Optimizer (MDDO) software for use in any CSSP-enabled mobile device running the Android operating system. MDDO provides system designers with a proven, out-of-the-box software platform that can easily be integrated into a system design during the product development and integration cycles. This results in quicker time-to-market, while significantly reducing software development risk.

MDDO allows the QuickLogic CSSP to communicate directly with the host system through standard Android APIs to collect system data, such as ambient light and display backlight levels, which is essential for the proper operation of our VEE technology. With the MDDO software, the challenge of designing and verifying these communication paths is removed from the system designer resulting in substantial savings of development time and cost.

In addition to being a communications tool, MDDO can be used as a demonstration, development and calibration tool. The MDDO GUI (Graphical User Interface) gives the system designer complete control over VEE parameters while providing information on ambient light levels, current display backlight, and recommended display backlight based upon the system’s Auto Backlight settings. In addition, MDDO can be implemented at the user-level as a replacement for the standard Android Auto Brightness menu, allowing the consumer to directly adjust VEE processing and display brightness.

“QuickLogic’s MDDO software provides a vehicle for simplifying CSSP integration into an OEM system,” said Paul Karazuba, Senior Product Marketing Manager at QuickLogic. “We can now provide a single software tool that will allow customers to move from initial proof-of- concept to mass production very quickly giving consumers the ability to enjoy the advantages of our VEE and DPO technologies.”

Availability

The Mobile Device Display Optimizer software for Android is available immediately from QuickLogic. Contact QuickLogic at info@quicklogic.com or visit www.quicklogic.com for more information.

About VEE

QuickLogic’s VEE technology, based on the iridix algorithm from Apical Ltd, greatly enhances the viewability of mobile displays under challenging viewing conditions such as bright ambient light while dynamically optimizing displayed content to provide the most natural viewing experience for the user. Used in conjunction with the VEE technology, QuickLogic’s Display Power Optimizer (DPO) technology has been field-proven to extend system battery life of tablets and smartphones by as much as 36% through reduced display backlight without comprising the viewing experience.

QuickLogic Announces Q4 & FY 2010 Earnings Conference Call

Mon, 24 Jan 2011 00:00:00 -0600

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fourth quarter and fiscal year 2010 on Tuesday, February 8, 2011, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's fourth quarter and fiscal year 2010 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern time on February 8, 2011. The conference call can be accessed via QuickLogic's website at www.quicklogic.com or you can join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode 39105943. The call recording will be archived until Friday, February 11, 2011, and the webcast will be available for 12 months.

QuickLogic Announces Preliminary Q4 2010 Revenue

Thu, 06 Jan 2011 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today announced that it expects to report fourth quarter revenue of approximately $7.1 million. New product revenue was approximately $2.4 million while mature product revenue was approximately $4.7 million. "While total revenue was within the guidance given during the company's third quarter earnings call, the impact of our customers' inventory rebalancing on new product revenue was greater than expected," said Andy Pease, QuickLogic's President and CEO. "We are very pleased to announce that we did ship the first production units of our VEE/DPO -enabled ArcticLink II VX2 Customer Specific Standard Product (CSSP) for use in a tablet during the quarter," added Pease.

QuickLogic cautions that the financial results disclosed are preliminary, are based on the best information currently available to the company and are subject to completion of the financial statements and the audit of QuickLogic's year-end financial results, which are expected to be released on February 8, 2011.

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

This press release contains forward-looking statements relating to the Company's revenue and revenue generated from the Company's new products. Actual results could differ materially from the results described in these forward-looking statements. Factors that could cause actual results to differ materially include: delays in the market acceptance of the Company's new products; the impact of inventory rebalancing in the channel; the ability to convert design opportunities into customer revenue; our ability to replace revenue from end-of-life products; the level and timing of customer design activity; the market acceptance of our customers' products; the risk that new orders may not result in future revenue; our ability to introduce and produce new products based on advanced wafer technology on a timely basis; our ability to adequately market the low power, competitive pricing and short time-to-market of our new products; intense competition, including the introduction of new products by competitors; our ability to hire and retain qualified personnel; changes in product demand or supply; capacity constraints; and general economic conditions. These factors and others are described in more detail in the Company's public reports filed with the Securities and Exchange Commission, including the risks discussed in the "Risk Factors" section in the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and in the Company's prior press releases.

QuickLogic to Present at the 13th Annual Needham & Company Growth Conference in New York

Wed, 29 Dec 2010 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced that Mr. E. Thomas Hart, the company's Executive Chairman of the Board of Directors, Mr. Andrew Pease, QuickLogic's President and CEO, and Mr. Ralph Marimon, the company's Chief Financial Officer, are scheduled to present at the Needham & Company Growth Conference in New York.

The presentation will provide an overview of the company's CSSP strategy and how the recently launched ArcticLink® II CX solution platform family delivers innovative solutions for multimedia-oriented and multi-modem smartphone and tablet applications. A real world example of how QuickLogic's Display Power Optimizer (DPO) technology lowers total system power consumption in handheld consumer devices will be presented along with a demonstration of the Visual Enhancement Engine (VEE) technology, licensed from Apical Limited. The demonstration shows how VEE greatly enhances the viewability of mobile device displays in all ambient lighting conditions, including bright sunlight.

The presentation will be followed by a question and answer session. Individual one-on-one meetings can be arranged through Needham & Company.

Location: The New York Palace Hotel, 455 Madison Avenue, New York, NY 10022
Time: Wednesday, January 12 at 10:40 a.m., Eastern Time
Webcast URL: http://www.wsw.com/webcast/needham41/quik/ (This presentation will be archived for 90 days.)

QuickLogic Showcases CSSPs Powering Next Generation Mobile Devices at CES in Las Vegas

Tue, 14 Dec 2010 00:00:00 -0600

A Multitude of CSSP-enabled, innovative mobile products on display illustrate QuickLogic’s value proposition

Demonstrating its continued commitment to the mobile consumer electronics market, QuickLogic Corporation (NASDAQ: QUIK), is showcasing the newest examples of OEM products using its Customer Specific Standard Product (CSSP) solutions at the Consumer Electronics Show (CES) in Las Vegas, January 6-9, 2011. QuickLogic will host a private hospitality suite, 25950MP in South Hall 4, to demonstrate the technologies being deployed in today’s most innovative mobile products.

Technology Showcase Highlights

Tablets showing how QuickLogic’s Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies extend single charge battery life up to 36%.
3G wireless USB Data Cards from multiple OEMs that include QuickLogic CSSPs that integrate High Speed USB 2.0, and SDHC host controllers.
Mobile Enterprise Point-Of-Sale systems that showcase the integration capability of QuickLogic’s CSSP solution platforms and expansive library of low power Proven System Blocks (PSBs), including USB 2.0 OTG, SD/eMMC host controllers, and Secure Access Module controllers.
3D displays that include a CSSP with VEE and DPO for enhancing the consumer 3D experience in all backlight and ambient lighting conditions.

You will be able to experience our VEE and DPO technologies for yourself. These technologies greatly enhance the viewability of mobile device displays under challenging viewing conditions such as bright ambient light by dynamically optimizing video characteristics to provide a natural viewing experience. Used in conjunction with VEE, our DPO technology enables developers to extend battery life by lowering display backlight or LED intensity without compromising the viewing experience, saving considerable system power and extending single-charge battery life.

To register for a specific time to visit the private suite and receive personal attention, please RSVP at the following URL.

http://www.quicklogic.com/ces2011/reg.htm

QuickLogic Launches Blog Dedicated to Handheld Mobile Industry Topics

Fri, 10 Dec 2010 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), announced today that it has launched a blog on its website to provide customers, partners, press and investors with an open forum to read about and discuss topics of interest to the handheld mobile industry. The new 'QuickLogic HotSpot,' located at http://blog.quicklogic.com/, will provide handheld mobile industry news, feature commentary and discussions of key challenges faced by mobile OEMs and ODMs, and the solutions available from QuickLogic and other vendors to address these challenges.

The QuickLogic HotSpot Blog was created as a platform to share ideas and insights. Through this blog, QuickLogic will host a professional dialogue with the mobile community discussing various issues and challenges such as display viewability, longer battery life, mobile device connectivity and design innovation. The forum also provides an interactive medium for real-time commentary and idea sharing for the benefit of all readers.

"One of the greatest values of a blog is that it is a forum for two-way communications where readers can express their personal views and opinions about topics spontaneously, in real time," said Paul Karazuba, QuickLogic's senior product marketing manager at QuickLogic. "We are excited to connect with a wider audience and build a community through the QuickLogic HotSpot Blog."

QuickLogic Expands Presence in Asia to Meet Increasing Demand for CSSPs

Mon, 06 Dec 2010 00:00:00 -0600

New office in Shanghai, China offers CSSP architecture, customization, and sales support for OEMs, ODMs, and design houses

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced the opening of a new office in Shanghai, China to support the increasing demand for CSSPs in Asia. This move underscores QuickLogic’s commitment to the handheld mobile market, and to Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs) and design houses developing products such as tablets, smartphones, datacards, and mobile enterprise equipment. The office will be headed by Johnson Shang, Director of Strategic Accounts.

With the opening of the Shanghai office, QuickLogic’s customer engagement team and system solution group will be able to work more closely with customers and design houses throughout the customer engagement process to deliver feature-rich CSSP solutions for their mobile products. The customer-specific programmable fabric portion of CSSPs typically includes multiple Proven System Blocks (PSBs) for OEM/ODM customization and differentiation. The PSBs most frequently adopted in China include the Visual Enhancement Engine (VEE) technology for mobile device viewability in bright sunlight and the Display Power Optimizer (DPO) technology for extended battery life. Other popular PSBs include numerous connectivity and security blocks that enable higher levels of component integration and product differentiation while accelerating time to market. An extensive list of PSBs can be found at www.quicklogic.com/cssp-solution-proven-system-blocks

“We are very pleased to announce the opening of the new Shanghai office,” said Frank Ellis, QuickLogic’s vice president of worldwide sales. “As China continues its drive for new and innovative features for their handheld mobile devices, QuickLogic is ideally positioned to deliver the advantages of a CSSP - extended battery life, visual enhancement, flexibility and integration.”

QuickLogic’s DPO Technology Extends Single-Charge Battery Life by Up To 36% in Handheld Devices

Tue, 30 Nov 2010 00:00:00 -0600

Display Power Optimizer (DPO) technology increased battery life in every system tested, regardless of form factor or display size

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), announced today that its DPO technology has been field-proven to lower total system power consumption by up to 36% in handheld consumer devices such as smartphones and tablets. This power savings results in extending the battery life of these devices by the same percentage.

Used in conjunction with the DPO Proven System Block (PSB), QuickLogic's Visual Enhancement Engine (VEE) technology greatly enhances the viewability of mobile device displays. VEE optimizes video characteristics on a frame-by-frame, pixel-by-pixel basis to provide the user with a natural viewing experience, even under the most challenging viewing conditions.

As part of the product development process, QuickLogic customers integrate CSSPs containing VEE and DPO PSBs into their form-factor systems. DPO technology is then calibrated to the specific parameters of the OEM system. After calibration, system power consumption measurements have shown that DPO technology has decreased power consumption significantly in every system tested, regardless of display size or type of device. The following table presents actual data reported from various OEM systems.

Display Size (Inches)	OEM End Product	Battery Life Improvement
7"	Tablet	36%
5"	Smartphone	23%
10.1"	Tablet	22%
8.9"	Tablet	17%

"As consumer devices such as smartphones and tablets evolve, they offer increased functionality with each generation," said Paul Karazuba, senior product marketing manager at QuickLogic. "Unfortunately, increased functionality almost always comes at the cost of decreased battery life. By using DPO technology in conjunction with VEE, OEMs can buck this trend by offering products with greatly extended battery life and much improved display viewability. Clearly the VEE/DPO combination enhances the users' experience."

Availability

QuickLogic's DPO technology is available immediately as part of the ArcticLink II VX2 and VX4 solution platform families. Contact QuickLogic at info@quicklogic.com or visit www.quicklogic.com for more information.

Andrew J. Pease Promoted to President and Chief Executive Officer of QuickLogic Corporation

Thu, 18 Nov 2010 00:00:00 -0600

The Board of Directors of QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, announced today that as part of its ongoing succession planning process, Andrew J. Pease will be promoted to the position of President and Chief Executive Officer of QuickLogic, effective January 3, 2011. At that time, E. Thomas Hart will assume the new role of Executive Chairman of the Board of Directors.

Pease joined QuickLogic in November 2006 in the position of Vice President of Worldwide Sales and was subsequently promoted to the position of President in March 2009. In this role he demonstrated executive leadership in the day to day operations of the company, has overseen revenue growth for six consecutive quarters, and has increased the market acceptance and adoption of QuickLogic's CSSP strategy and value proposition.

"As part of good corporate governance and best practices, all companies, especially those that are publicly traded, should have a succession planning process in place. We have had an active succession plan here for more than four years and Andy's promotion is the next step in that plan," said Tom Hart, QuickLogic's Chairman of the Board and Chief Executive Officer. "In recruiting Andy in 2006, we wanted not only a dynamic Vice President of Worldwide Sales capable of driving change and delivering growth, but also a leader for the future. Andy has proven himself to be that leader. By providing strategic direction, laser focus, energy, enthusiasm and inspiration to his team, and the organization as a whole, he has earned the respect of peers, customers, partners and employees alike. His talents and leadership capabilities will now be applied to the top job in our company. I have confidence that Andy will lead the company to achieve even greater results and further growth. In my role as Executive Chairman, Andy will have my full and active support in making this leadership transition, and our company, a success."

Pease earned a Master's degree in Computer Science from the Naval Postgraduate School in Monterey, California and a Bachelor's degree in Operational Analysis from the U.S. Naval Academy.

QuickLogic Announces Production Availability of VEE and DPO-enabled ArcticLink II VX4 Solution Platform for Smartphones

Tue, 09 Nov 2010 00:00:00 -0600

Includes Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) Proven System Blocks (PSBs) to enable bright sunlight viewability and longer battery life

Features a system-proven MDDI interface enabling faster time-to-market

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce production availability of the second member of the ArcticLink® II VX CSSP solution platform, the VX4, featuring VEE and DPO PSBs with a Mobile Display Digital Interface (MDDI.)

The ArcticLink II VX4 Solution Platform features an MDDI Type 2 interface for incoming display data. Developed by Qualcomm Incorporated, MDDI is featured on a number of leading-edge processors, including some of the popular Qualcomm Snapdragon chipsets. QuickLogic has system-verified the MDDI Type 2 (dual lane) client running 60 frames-per-second at up to 854x480 resolution, supporting the needs of the most demanding multimedia and smartphone designs and applications.

"The production availability of the VX4 CSSP solution platform allows QuickLogic's CSSPs to be easily integrated into Qualcomm-based smartphones," said Brian Faith, VP of worldwide marketing for QuickLogic. "Our fully tested software support for Android, Windows Mobile and Windows Phone operating systems, enables us to provide system-proven and verified, complete solutions for our customers."

Availability

The ArcticLink II VX4 solution platform is available immediately for inclusion in CSSPs customized by QuickLogic for OEM adoption. Contact QuickLogic at info@quicklogic.com or visit www.quicklogic.com for more information.

QuickLogic Announces Fiscal 2010 Third Quarter Results – Company Returns to GAAP Profitability and New Product Revenue Increases 20% Sequentially

Tue, 02 Nov 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the financial results for its fiscal third quarter ended October 3, 2010.

Total revenue for the third quarter of 2010 was $7.3 million, up 13% sequentially and 120% compared to the third quarter of 2009. During the third quarter, new product revenue increased 20% sequentially to $2.8 million, accounting for 38% of total revenue. During the third quarter, legacy product revenue increased 9% sequentially to $4.6 million, accounting for 62% of total revenue in the third quarter.

Under generally accepted accounting principles (GAAP), the net income for the third quarter of 2010 was $0.6 million, or $0.01 per diluted share, compared with a net loss of $0.2 million, or $0.01 per diluted share, in the second quarter of 2010 and a net loss of $3.0 million, or $0.10 per diluted share, in the third quarter of 2009. Non-GAAP net income for the third quarter of 2010 was $0.9 million, or $0.02 per diluted share, compared with a non-GAAP net income of $0.4 million, or $0.01 per diluted share, in the second quarter of 2010 and a non-GAAP net loss of $1.9 million, or $0.06 per diluted share, in the third quarter of 2009.

We are pleased to report our second consecutive quarter of doubling year-over-year revenue growth, as well as our return to profitability," said Tom Hart, QuickLogic's Chairman of the Board and CEO. "Our CSSP strategy is clearly being embraced by our targeted customers, driven by our innovative technology, unique engagement model and the user experience our solutions bring to the mobile consumer."

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, November 2, 2010, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic's website at www.quicklogic.com. To join the live conference, please dial (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode: 18996275. The call recording will be archived until Friday, November 5, 2010 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Management uses the non-GAAP measures, which exclude gains, losses and other charges that are considered by management to be outside of the Company's core operating results, internally to evaluate its operating performance against results in prior periods and its operating plans and forecasts. In addition, the non-GAAP measures are used to plan for the Company's future periods, and serve as a basis for the allocation of Company resources, management of operations and the measurement of profit-dependent cash and equity compensation paid to employees and executive officers.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

QuickLogic Announces Q3, 2010 Earnings Conference Call

Mon, 18 Oct 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal third quarter on Tuesday, November 2, 2010, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's third quarter 2010 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on November 2, 2010. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time on November 2, 2010. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode 18996275. The call recording will be archived until Friday, November 5, 2010, and the webcast will be available for 12 months.

QuickLogic’s New ArcticLink II CX Platform Family Targets Multimedia and Multi-Modem Smartphone and Tablet Applications

Wed, 13 Oct 2010 00:00:00 -0500

Faster sideloading delivers superior user experience for moving HD-quality content to and from smartphones and tablets

Offloaded Digital Rights Management (DRM)-protected multimedia content speeds time-to-market for mobile device OEMs

Super fast Encryption block for secure content and data protection

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today launched the ArcticLink® II CX solution platform family targeting multimedia-oriented, and multi-modem smartphone and tablet applications. The highly integrated yet customizable architecture makes the ArcticLink II CX solution platform family ideal for CSSPs that deliver a superior consumer experience.

"High-end smartphones and tablet PCs are launching with multimedia-oriented capabilities, including the ability to capture, record, playback and view high definition (HD) video content," said Brian Faith, QuickLogic's vice president of worldwide marketing. "Cisco Systems claims that by 2014, more than 66% of all mobile data traffic will be video." The user experience often suffers due to the substantial bandwidth and memory requirements for downloading and sideloading large video files between mobile and other computing devices. QuickLogic's ArcticLink II CX solution platform family is ideal for delivering CSSPs that accelerate the performance of sideloading HD and DRM-protected content, as well user data. OEMs benefit from this new dimension of customization that improves the consumer user experience of their products.

Target Applications

The first ArcticLink II CX family members target two major applications within smartphones and tablets: multimedia content and multi-radio integration. The 32-bit RISC microprocessor subsystem manages system tasks such as the sideloading of HD-quality content to and from the device, and management of CPRM/DRM (Digital Rights Management) middleware for the playback of copyrighted multimedia.

Today, application processors targeted for use in mobile devices are transitioning from wide, proprietary buses to serial, standardized buses such as USB. To support this emerging trend, the ArcticLink II CX platforms can also implement a PHY-less USB link, referred to as USB UTMI+ Low Pin Interface (ULPI) - a PHY-less USB link using standard device drivers, which provide a low-power local-bus connection to the application processor using a minimal number of pins.

An emerging trend supporting the need for additional USB ports is the inclusion of both 3G and 4G modems as a way of increasing the cellular bandwidth of the mobile device. Connecting these modems to the host processor may require additional USB ports beyond the processor's capability. To resolve this issue, the High Speed USB Hub integrated into the ArcticLink II CX platform family can enable one processor USB port to communicate with both modems in a power efficient manner.

Availability

QuickLogic is engaged now with lead OEMs for CSSPs based on ArcticLink II CX platforms, and expects to sample devices during Q1, 2011. Contact QuickLogic at sales@quicklogic.com, or visit http://www.quicklogic.com for more information.

QuickLogic Introduces New ArcticLink II CX Family - Architected for a Superior Mobile User Experience

Wed, 13 Oct 2010 00:00:00 -0500

New ArcticLink II CX family provides significantly faster sideloading and accelerated adoption of new higher capacity, faster mobile flash technologies

Hardwired encryption enables content and data protection

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced the ArcticLink® II CX family of solution platforms. The highly integrated, yet flexible platform family is designed to deliver extremely fast USB sideloading (transfer of files between a PC and a mobile device), support for the latest flash memory technology and built-in encryption blocks that ensure a superior user experience for even the most demanding mobile electronics consumer.

Individual platforms in the ArcticLink II CX family include various combinations of a 32-bit RISC microprocessor subsystem including core, RAM, and boot Read Only Memory (ROM). This subsystem manages and monitors the data transfers through the CX platforms. Additionally, various platforms include multiple SDXC/eMMC host controllers for mobile flash memory, a high-speed USB 2.0 PHY, a high-speed USB hub with two dual-role device controllers (DRD), and a high speed AES (Advanced Encryption Standard) block. In addition, there are varying amounts of QuickLogic's patented low power, non-volatile programmable fabric for customization. QuickLogic's Customer Solution Architects (CSAs) work directly with OEMs to determine the appropriate platform and Proven System Blocks (PSBs) needed to deliver feature-rich solutions that provide a competitive differentiator in the market. The ultimate CSSP, deliverable to OEMs, also includes firmware programmed into the platforms' on-board boot ROM, eliminating the need for external devices to boot and configure the CSSP, reducing board space and Bill-Of-Materials costs.

USB Sideloading

USB 2.0 is the de facto connectivity interface in the consumer market for sharing and exchanging files, as well as battery charging. CSSPs built from the ArcticLink II CX solution platform family can replace virtually all of the discrete components typically used to implement high speed transfer of data from a USB 2.0 interface to nonvolatile flash storage, and digital rights management of protected content. Furthermore, the microprocessor subsystem manages and monitors all data flows through the CX platforms for high performance sideloading applications.

"Today's consumers use their mobile devices to create and consume massive amounts of multimedia content - from Flash-enabled websites to HD-quality video," said Brian Faith, QuickLogic's vice president of worldwide marketing. "These use cases are taxing existing mobile device architectures, creating bottlenecks to the movement of data within the system, and ultimately degrading the consumer user experience. CSSPs based on the ArcticLink II CX family of platforms enable the re-partitioning of these architectures to remove these bottlenecks and ensure the user experience consumers value."

According to Linley Gwennap, principal analyst at The Linley Group, "The number of CPUs in a mobile device continues to grow. Host CPUs in high-end smartphones and tablets control multiple radios, memories, and I/O devices, but must still have enough processing power remaining to handle HD-quality video, 3D gaming and other performance-hungry applications. These requirements drive mobile processor vendors to include several CPU cores within their designs. QuickLogic's ArcticLink II CX family provides a customizable solution that enables OEMs to re-architect their systems to address these needs."

Availability

QuickLogic’s High Speed Secure Access Module Controller PSB Simplifies Mobile Point-Of-Sale Product Design

Tue, 05 Oct 2010 00:00:00 -0500

Supports all modes of High Speed Protocol (HSP) Compliant Secure Access Modules (SAM)

Fully verified and compliant to Microsoft Windows Embedded CE 6.0 Test Kit (CETK)

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), has expanded its Proven System Block (PSB) library with the addition of a Secure Access Module (SAM) Controller PSB. It supports the ISO 7816 Smart Card Standard as well as all modes of the High Speed Protocol (HSP) versions. OEMs can expand the number of different smart card applications their products can support when QuickLogic integrates the SAM PSB into a CSSP.

"There is typically one secure access module (SAM) required for each service provided by a point-of-sale (POS) terminal. As these POS systems integrate more services, host processors may not support enough SAM controllers, or they may not support the latest High Speed protocols," said Brian Faith, QuickLogic's vice president of worldwide marketing. "Our new SAM Controller PSB solves this problem without requiring multiple discrete devices to be added to the design."

"QuickLogic's system architecture, silicon customization and software development expertise enabled Inventec Appliance Corporation (IAC) to deliver POS systems with support for multiple, High Speed SAMs," said Paulina Song, Business Unit Head of IAC. "QuickLogic's High Speed SAM Controller PSB, the inherent hardware flexibility in CSSPs and the collaborative nature of the CSSP engagement model enabled IAC to adapt our system architecture as our end customer changed their product requirements during the development cycle."

QuickLogic's CSSP design approach and extensive PSB library allow OEMs to obtain a solution for virtually any host processor, a customized peripheral that implements a mix of connectivity interfaces such as High Speed USB 2.0, SD/eMMC, SDIO, and others. The new SAM Controller PSB adds secure smart card connectivity to the list, meeting the ISO 7816 Standard for smart card interfaces and supporting both modes of the High Speed Protocol.

Availability

The SAM Controller PSB has been system-verified compliant with Microsoft's Embedded CE 6.0 Test Kit (CETK) and is available today for inclusion in any of QuickLogic's CSSP platforms, including the ArcticLink® and PolarPro® platform families. Contact QuickLogic sales at sales@quicklogic.com for more information.

QuickLogic's E. Thomas Hart Keynote at EE Times Executive Roundtable

Mon, 20 Sep 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), will present at the EE Times Executive Roundtable sponsored by Siemens on Tuesday, September 21 in Boston.
Mr. E. Thomas Hart, QuickLogic's chairman and chief executive officer, will kick off the event by sharing his views on and his experience in leading innovation during times of adversity.

The executive seminar will explore new ideas and share best practices in ‘Radical Innovation' and ‘Ideas for re-engineering the design process to make companies more competitive.' They will also discuss the challenge of nurturing innovation in the electronics industry and delivering its benefits to the bottom line. The attendees will be senior executives in the electronics industry and closely-related businesses.

QuickLogic's Customizable "VEE Apps Builder" Android Application Enables Mobile Product Differentiation

Wed, 08 Sep 2010 00:00:00 -0500

VEE Apps Builder image

VEE Apps Builder Enables OEM Product Differentiation by Offering a Better Viewing Experience and Longer Battery Life

Application Interfaces Directly with Visual Enhancement Engine and Display Power Optimizer Proven System Blocks

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), today announced the availability of VEE Apps Builder, an Android OS-based Java application for customer-specific control of QuickLogic's Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies. The application can be readily customized, allowing mobile consumer device OEMs to differentiate their products by promoting VEE and DPO as their unique, OEM-branded technologies.

As part of QuickLogic's ArcticLink® II VX solution platform family, the VEE and DPO technologies are easily integrated into mobile consumer device hardware. Once integrated, the Java application can be loaded into the Android OS, enabling control over the operation of VEE and DPO. The VEE Apps Builder application can be customized for any OEM system, including corporate logos, technology names and logos, user interface methods and accessibility, colors, text size, language and other characteristics. This customization can be supported by QuickLogic, the OEM, or a third-party of the OEM’s choosing.

QuickLogic's VEE technology greatly enhances the viewability of displays under challenging viewing conditions such as bright ambient light, while dynamically optimizing video characteristics on a pixel-by-pixel basis to provide a superior viewing experience to the user, regardless of ambient lighting. Used in conjunction with the VEE technology, QuickLogic's DPO technology enables significantly reduced system power consumption by lowering display backlight or power without compromising the viewing experience.

"VEE and DPO are very unique technologies that offer significant benefits to the end user," says Paul Karazuba, senior product marketing manager at QuickLogic. "The release of this application allows OEMs more avenues to highlight VEE and DPO for product differentiation to their customers. OEMs can market these technologies under their own banner or names, providing additional ways for their products to stand out in increasingly commoditized markets."

Availability

QuickLogic’s VEE Apps Builder software and VEE and DPO-based CSSP solutions are available immediately for evaluation and production use. Contact QuickLogic at sales@quicklogic.com, or visit http://www.quicklogic.com.

QuickLogic Announces Mass Production of Longer Battery Life and Higher Resolution Display Viewability Solutions

Tue, 17 Aug 2010 00:00:00 -0500

ArcticLink II VX2 Solution Platform includes VEE and DPO PSBs, featuring RGB input/output interfaces enabling greater design flexibility and quicker time-to-market

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce mass production of the ArcticLink® II VX2 CSSP Solution Platform with the integrated Display Power Optimizer (DPO) and the second generation Visual Enhancement Engine (VEE) Proven System Blocks (PSBs). This platform offers mobile device designers and manufacturers the integration and flexibility necessary to accelerate time-to-market and create differentiation in the mobile market.

The ArcticLink II VX2 Solution Platform includes VEE and DPO PSBs, featuring RGB input/output interfaces and is controlled through an I2C-like interface. VEE 2.0 technology greatly enhances the viewability of displays up to WXGA resolution (1366 x 768) under challenging conditions, such as bright ambient lighting, while dynamically optimizing video characteristics on a pixel-by-pixel, frame-by-frame basis to produce a natural viewing experience to the user. Used in conjunction with VEE, QuickLogic's DPO technology enables consumer device developers to reduce system battery consumption by as much as 25% through lowering display backlight or power intensity without compromising the viewing experience.

The customer-specific programmable fabric portion of the chip can include multiple PSBs. These PSBs include High Speed UARTs for Bluetooth, Pulse Width Modulators for driving general purpose and backlight LEDs, SPI and I2C host, display-specific needs such as RGB-split and Frame Recycler, or memory management needs for SD cards, eMMC devices, or other memory form factors.

A complete list of PSBs can be found at http://www.quicklogic.com/cssp-solution-proven-system-blocks. The variety of PSBs offered by QuickLogic allows system integrators to combine multiple discrete chips onto a single CSSP, simplifying design and board layout, lowering BOM cost, and accelerating time-to-market.

"The production qualification of the ArcticLink II VX2 Solution Platform represents an important step for QuickLogic's continued success in the consumer device market," said Brian Faith, VP of worldwide marketing for QuickLogic. "We have been sampling this device with great interest to multiple tier 1 and 2 OEM and ODMs. With this qualification, customers can be assured of a high-quality, tried-and-true solution for improving the user experience of their end products."

CSSPs provide a unique combination of hard logic and ultra-low power programmable fabric based on QuickLogic's patented ViaLink® technology. This combination allows customers to quickly integrate CSSPs as market conditions change, resulting in faster time-to-market and integration of the latest technologies to address ever-changing market trends. QuickLogic's VX2 Solution Platform is designed for consumer device applications such as smartphones, tablets, netbooks, and smartbooks.

Availability

ArcticLink II VX2 Solution Platforms are available immediately for inclusion in CSSP small footprint packages. Contact QuickLogic or visit our website at http://www.quicklogic.com for more information on the VX2 Solution Platforms or any of the PSBs mentioned.

QuickLogic Announces Fiscal 2010 Second Quarter Results - Total Revenue More Than Doubled Year over Year

Tue, 03 Aug 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the financial results for its fiscal second quarter ended July 4, 2010.

Total revenue for the second quarter of 2010 was $6.5 million, up 19% sequentially and 123% compared to the second quarter of 2009. During the second quarter, new product revenue increased 11% sequentially to $2.3 million, accounting for 35% of total revenue. During the second quarter, legacy product revenue increased 25% sequentially to $4.2 million, accounting for 65% of total revenue in the second quarter.

Under generally accepted accounting principles (GAAP), the net loss for the second quarter of 2010 was $0.2 million, or $0.01 per share, compared with a net loss of $0.1 million, or $0.00 per share, in the first quarter of 2010 and a net loss of $3.2 million, or $0.11 per share, in the second quarter of 2009. Non-GAAP net income for the second quarter of 2010 was $0.4 million, or $0.01 per share, compared with a non-GAAP net loss of $0.5 million, or $0.01 per share, in the first quarter of 2010 and a non-GAAP net loss of $2.7 million, or $0.09 per share, in the second quarter of 2009.

"The gains we continued to make during the quarter in the 3G USB modem market, including shipping CSSPs to new Tier 1 OEMs, contributed to the doubling of our year-over-year revenue growth," said Tom Hart, QuickLogic's Chairman of the Board and CEO. "We are excited to see the continued acceptance of CSSPs in the mobile consumer market, as well as the sustained demand for our legacy products."

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, August 3, 2010, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic's website at www.quicklogic.com. To participate in the conference, please call (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode: 88423756. The call recording will be archived until Friday, August 6, 2010 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

QuickLogic Announces Innovative Framebuffer Solution to Extend Battery Life of Consumer Devices

Tue, 27 Jul 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce the new Frame Recycler Proven System Block (PSB) for inclusion in its CSSPs. The Frame Recycler PSB allows handheld mobile system developers to conserve significant battery life by allowing the CPU to shut down when display content is unchanged.

While mobile consumer device displays are required to be refreshed at up to 60 times per second, quite often the actual displayed content does not change at the same rate. A perfect example is the LCD-based tablet or E-reader-while the screen content may not change for seconds or even minutes at a time, the CPU typically provides identical content updates to the display. This architecture is highly inefficient from a power handling perspective because the same frames are sent repeatedly. QuickLogic's Frame Recycler PSB solves this issue by removing display refresh responsibilities from the CPU when no change in display content is present, allowing the CPU to operate in a power-down state until the next change of display content is requested.

"The Frame Recycler PSB is another example of QuickLogic's commitment to providing power-savings solutions to the handheld consumer device market," said Paul Karazuba, QuickLogic's senior marketing manager. "The Frame Recycler PSB allows the host CPU to effectively shut down while in a static display content condition, providing much longer battery life."

QuickLogic's Frame Recycler is designed for a myriad of consumer devices, from e-readers to tablet computers, smartphones, and notebooks. Information on the Frame Recycler can be found at http://www.quicklogic.com/frame-recycler-overview/, or by contacting QuickLogic sales at info@quicklogic.com.

Availability

The Frame Recycler technology is available immediately as a PSB for inclusion QuickLogic's CSSPs based on the ArcticLink® II VX solution platform family.

TAOS, Inc. and QuickLogic Collaborate To Deliver TV-Quality Viewing and Long Battery Life to Mobile Devices

Tue, 20 Jul 2010 00:00:00 -0500

TAOS Ambient Light Sensor and QuickLogic's VEETM and DPO Provide Enhanced TV-Quality Viewing and Extended Battery Life to Mobile Devices

TAOS Digital ALS Integrated into QuickLogic Demonstration Platform for LCD and OLED Displays

Texas Advanced Optoelectronic Solutions®, Inc. (TAOS) and QuickLogic Corporation (NASDAQ: QUIK) announced today that QuickLogic has verified and approved the TAOS TSL25711FN digital ambient light sensor (ALS) for use with QuickLogic's Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) Proven System Blocks (PSBs). When used in conjunction with the TSL25711FN, the VEE and DPO provide mobile device users with an exceptional viewing experience in all ambient lighting conditions, while simultaneously extending battery life.

QuickLogic's proprietary VEE and DPO PSBs enhance both the image and video quality of mobile devices by optimizing the dynamic range, contrast and color saturation on a pixel-by-pixel basis to provide a natural viewing experience to the user under varying lighting conditions. VEE is based on a model of human perception, resulting in a displayed image that retains excellent detail, color and vitality to the eye even under challenging viewing conditions. QuickLogic's DPO technology dynamically adjusts display power or brightness to conserve battery life.

TAOS, Inc. digital ambient light sensors are used to provide detailed information on the ambient light conditions that users face as they interact with their Smartphones, Mobile Internet Devices (MIDs), Smartbooks, Netbooks, notebooks/laptops, digital cameras, camcorders, portable MP3/DVD players, video games and HDTVs. The TSL25711FN is part of the TAOS TSL2x71 product family which includes ambient light sensing, proximity detection and integrated ambient light sensing/proximity detection devices. The high sensitivity of the TAOS TSL25711FN enables use behind dark glass or spectrally distorted materials for improved display aesthetics and sleeker designs versus other solutions that require transparent openings in order for light to reach the sensor. Used in conjunction with QuickLogic's DPO PSB, the TAOS ambient light sensor is a key component in reducing system power consumption.

"The combination of the TAOS digital ambient light sensing technology with QuickLogic's VEE and DPO-enabled Customer Specific Standard Products (CSSPs) provides a significantly improved viewing experience along with a dramatically increased battery life for the mobile device user," said Paul Karazuba, QuickLogic's Senior Product Marketing Manager.

"TAOS is pleased to be part of the QuickLogic ecosystem by bringing our respective ‘green' display technologies together around the VEE and DPO PSBs," said Jerry Koontz, TAOS, Inc. Director of Marketing. "Consumers will immediately appreciate the significant benefits that the combined technologies from QuickLogic and TAOS bring to future mobile devices."

More detailed information on the TAOS solution supporting the VEE and DPO reference platform can be found at: http://www.taosinc.com/taos-quicklogic.

Contact QuickLogic sales at info@quicklogic.com to request information on VEE and DPO.

QuickLogic Announces Q2, 2010 Earnings Conference Call

Fri, 16 Jul 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal second quarter on Tuesday, August 3, 2010, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic will issue a news release announcing the Company's second quarter 2010 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on August 3, 2010. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time on August 3, 2009. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode 88423756. The call recording will be archived until Friday, August 6, 2010, and the webcast will be available for 12 months.

QuickLogic to Showcase Mobile Display and Battery Life Enhancement Technologies at Qualcomm’s Uplinq Conference

Tue, 22 Jun 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced that it will demonstrate the system-proven Visual Enhancement Engine (VEE™) and Display Power Optimizer (DPO) technologies at the Uplinq 2010 Conference (www.uplinq.com). Uplinq, sponsored by Qualcomm, is a new conference targeted at top developers, publishers, device makers and operators in the mobile space. The goal of the event is to foster the advancement of mobile applications, services and devices. QuickLogic’s demonstrations will be featured in the Mobile Innovations Showcase, which is designed to provide hands-on, direct access to the latest in mobile technology, products and services.

Location: Manchester Grand Hyatt in San Diego, CA

Date: June 30 - July 1, 2010

Booth: #311

A visit to the QuickLogic booth will reveal how QuickLogic’s Customer Specific Standard Product (CSSP) solutions are being deployed in mobile handset devices. Visitors will also have the opportunity to learn about additional Proven System Block (PSB) solutions, including the first 60 Frames-Per-Second MDDI type 2 interface PSB, an RGB Split PSB for driving multiple displays, and more.

About VEE and DPO

QuickLogic delivers customized low-power semiconductor solutions that improve the viewing experience and battery life of Smartphones, Tablets, Smartbooks, and Cloudbooks. QuickLogic's proprietary VEE technology enables superior viewability on mobile displays, even in bright ambient light. The company's DPO technology significantly reduces display power consumption to dramatically improve battery life. QuickLogic implements these customized solutions from silicon platforms and software drivers tailored for Qualcomm's latest Mobile Station Modem™^{(MSM™^{) and Snapdragon™ (QSD) chipsets.}}

QuickLogic Proves "Seeing is Believing" with VEE/DPO Evaluation Boards for Mobile Device Developers

Tue, 08 Jun 2010 00:00:00 -0500

Complete package enables developers of Tablet, Smartbook, Netbook, Cloudbook and Smartphones to easily see the benefits of QuickLogic's VEE/DPO solution platform in their own systems.

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the availability of its ArcticLink® II VX2 demonstration boards for the evaluation of the company's unique Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies.

"Since we announced our VX Family last year, mobile device developers have been evaluating VEE/DPO's potential in their own products," said Paul Karazuba, senior product marketing manager at QuickLogic. "These boards accelerate that process by providing a complete package targeting Tablet, Smartbook, Netbook, Cloudbook, Smartphones and handheld device designs so that developers can see the VEE/DPO technologies at work in their own systems."

QuickLogic's VEE technology greatly enhances the viewability of LCD and OLED displays under challenging viewing conditions such as low backlight or bright ambient light through dynamically optimizing video characteristics to provide a natural viewing experience. Used in conjunction with VEE, QuickLogic's recently announced Display Power Optimizer (DPO) technology enables developers to extend battery life by lowering backlight intensity without compromising the viewing experience.

The ArcticLink II VX2 demonstration boards comprise a full display subsystem for connection to either a host PC or to the core CPU of a mobile device. The VX2 boards come equipped with either a 4.3-inch display panel, typical of Smartphone and Mobile Internet Device (MID) products, or a 10.1-inch display like those found on Tablet, Smartbook, Netbook and Cloudbook designs. VX2 boards also include an on-board ambient light sensor and backlight power control, and are preprogrammed to optimize power consumption and viewing experience.

Software support for the demonstration boards includes the ability to choose which display panel to utilize, manual control over backlighting, and configuration of the VEE system block with panel-specific performance parameters. In addition, QuickLogic's technical teams are available to assist developers with optimizing system calibration for custom panels.

Availability

QuickLogic's ArcticLink II VX2 demonstration boards are available now for loan to clients interested in evaluating QuickLogic's latest ArcticLink II VX family and VEE/DPO technologies. Contact QuickLogic sales at info@quicklogic.com to request a demonstration.

QuickLogic Announces Fiscal 2010 First Quarter Results - 27% Sequential Revenue Growth

Thu, 06 May 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the financial results for its fiscal first quarter ended April 4, 2010.

Total revenue for the first quarter of 2010 was $5.4 million, up 27% and 19% from the fourth quarter of 2009 and from the first quarter of 2009, respectively. During the first quarter, new product revenue increased to $2.1 million from $2.0 million in the fourth quarter of 2009. New product revenue accounted for 38% of the total revenue in the first quarter. During the first quarter, legacy product revenue increased 50% to $3.4 million from $2.2 million in the fourth quarter of 2009, accounting for 62% of the total revenue in the first quarter.

Under generally accepted accounting principles (GAAP), the net loss for the first quarter of 2010 was $0.1 million, or $0.00 per share, compared with a net loss of $1.9 million, or $0.06 per share, in the fourth quarter of 2009 and a net loss of $1.6 million, or $0.05 per share, in the first quarter of 2009. Non-GAAP net loss for the first quarter of 2010 was $0.5 million, or $0.01 per share, compared with a non-GAAP net loss of $1.3 million, or $0.04 per share, in the fourth quarter of 2009 and a non-GAAP net loss of $1.2 million, or $0.04 per share, in the first quarter of 2009.

“While we are satisfied we met our guidance on new product revenue and with the modest growth, we are even more pleased with the increase in the number of our customers and application segments we shipped CSSPs to during the first quarter,” said Tom Hart, QuickLogic’s Chairman of the Board and CEO. “Due to the broad OEM and ODM exposure that our CSSPs have received from their use on reference platforms, we are now shipping CSSPs to additional top tier 3G USB modem OEMs. Furthermore, we began production shipments of new CSSPs to customers in the mobile enterprise market segment – one of the fastest growing market segments and a segment where we believe we offer tremendous value, which should generate new product revenue for several years, owing to our customer’s longer product life cycles in this market segment.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, May 6, 2010, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To participate in the conference, please call (877) 377-7094 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode: 71028627. The call recording will be archived until Sunday, May 9, 2010 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

QuickLogic Signs Agreement with Data Display GmbH to Bring VEE to Industrial and Digital Signage Applications

Wed, 05 May 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, today announced the signing of an agreement with the Munich, Germany-based Data Display GmbH to bring the company’s unique Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technologies to the Industrial and Digital Signage markets.

Data Display (http://www.datadisplay.de/) is the leading technology-driven supplier of TFT-solutions for the industrial and digital signage markets. Data Display will continue to act as a full service resource for its customers, supplying design services and sophisticated end user-products. Display Group will also begin maintaining an inventory of QuickLogic’s ArticLink II VEE-enabled CSSPs for the industrial and digital signage markets. The initial focus of the partnership will be the European and North America markets, with expansion plans targeting Asian markets.

“We are excited to be working with Data Display. This agreement is a great opportunity for them to further extend their reach in the industrial and digital signage markets. At the same time, consumers will benefit immensely by the enhanced visual quality and power savings that are brought about by VEE and DPO,” said Brian Faith, QuickLogic’s Vice President of Worldwide Marketing.

Industrial and digital signage covers a variety of applications and uses, from information kiosks used in airports and hospitals, to signage used outside facilities such as casinos and shopping centers. According to iSuppli, shipments of industrial and digital signage will increase 25% in 2010 to almost 2 million new systems, with forecasted growth of 40% annually from 2011 to 2013. However, digital signage almost always represents additional electrical consumption at the point of install. Accordingly, manufactures and users of digital signage are continually looking for ways to “Go Green” without impacting the effectiveness of their message.

QuickLogic’s VEE technology greatly enhances the viewability of displays under challenging viewing conditions such as bright ambient light while dynamically optimizing video characteristics on a pixel-by-pixel basis to provide a natural viewing experience to the user. Used in conjunction with VEE, QuickLogic’s recently announced DPO technology enables developers to significantly reduce energy consumption by lowering display backlight or power intensity without compromising the viewing experience.

QuickLogic Enhances User Experience with OLED Displays

Tue, 27 Apr 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Products (CSSPs) leader, is proud to announce the verification of QuickLogic’s Visual Enhancement Engine (VEE) and Display Power Optimizer (DPO) technology with OLED displays. VEE technology greatly enhances the viewability of OLED displays under challenging conditions such as low brightness modes or bright ambient light by dynamically optimizing video characteristics to provide a better user experience. Working in concert with VEE, QuickLogic’s DPO technology allows for display brightness to be lowered, consuming less power and extending battery life.

OLED display technology represents a growing share of the smartphone market. According to Samsung Mobile Display, the world’s number one maker of active-matrix OLEDs, “OLED screens could appear on 50 percent of all mobile phones within the next five years.” In addition to smartphones, OLED displays are being increasingly adopted for other handheld mobile devices such as notebooks, smartbooks, and tablets that were formerly the domain of LCD displays.

QuickLogic’s VEE technology enhances this trend by providing a better user experience for mobile devices using OLED displays. QuickLogic's proprietary VEE technology enhances image and video quality by optimizing the dynamic range, contrast, and color saturation of content on the display on a pixel-by-pixel basis. This provides a superior viewing experience for the user under any ambient light condition. VEE technology will make OLED displays more viewable, and enhance the consumer's mobile multimedia visual experience. QuickLogic’s DPO technology can significantly reduce display power consumption through intelligent control of the display brightness.

“OLED displays are having an increased impact on the handheld consumer device industry. It was important for us to verify the performance of our VEE and DPO technology on OLED displays to enable us to continue to address the most critical needs of this market,” said Paul Karazuba, Senior Product Marketing Manager at QuickLogic. “VEE and DPO technology have been shown to significantly increase the user experience when managing OLED displays.”

Availability

QuickLogic’s VEE and DPO technology are currently available in QuickLogic CSSPs built from the ArcticLink® II VX solution platforms. Contact QuickLogic sales at info@quicklogic.com to request information or a demonstration.

QuickLogic Announces Q1 2010 Earnings Conference Call

Fri, 23 Apr 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Products (CSSPs) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal first quarter on Thursday, May 6, 2010, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic Corporation will issue a news release announcing the Company's first quarter 2010 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on May 6, 2010. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 377-7094 by 2:20 p.m. Pacific Daylight Time on May 6, 2010. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (706) 645-9291 and reference the passcode 71028627. The call recording will be archived until Sunday May 9, 2010 and the webcast will be available for 12 months.

QuickLogic Announces Solution That Changes the Way Mobile Systems Optimize System Power

Wed, 21 Apr 2010 00:00:00 -0500

Ideal solution for the management of active and standby power during specific application use cases, while consuming as little as 5 microAmps of current

Conserves energy through effective power management by enabling the CPU to be shut down longer

QuickLogic Corporation (NASDAQ: QUIK), the leader in low power Customer Specific Standard Products (CSSPs), is proud to announce the new Wake-up and Verify (WAV) Proven System Block (PSB) for inclusion in its CSSPs. The WAV PSB allows handheld mobile system developers to conserve energy through effective power management by shutting down the CPU and the CSSP between bursts of activity caused by peripheral devices.

Today’s mobile system architecture typically has a CPU connecting and controlling a wide variety of wireless devices, USB peripherals, flash memory and other external devices. These peripheral devices transfer data randomly and at varying frequency, requiring the CPU to remain powered on to monitor these activities. In order to optimize user experience and battery life, it is critical to carefully manage these events and their impact on system power. Our new, very low-power WAV PSB is an excellent solution for detecting and verifying the activity of these various components of the system while managing active and standby power during specific application tasks. The PSB consumes less than five microAmps of current while it monitors activities and detects when to wake up the system or part of the system. As a result, developers of handheld mobile systems can deliver a much longer battery life while improving the responsiveness of the add-on devices that consumers demand.

“System architects are constantly challenged to balance system performance and user experience with system power,” said Andy Green, QuickLogic’s director of platform strategies. “With our new, very low-power WAV PSB, the system can monitor a number of inputs – waiting for activity to happen, while consuming very little power.”

A typical application is the monitoring of an audio jack - the system waits for the insertion of headphones/earphones into a mobile device, which is often a random external occurrence within the system. Keeping the power required to service these types of activities to a minimum becomes critical to longer battery life – particularly for multimedia-enabled handsets.

Availability

The very low-power WAV PSB is available immediately for inclusion in QuickLogic’s CSSPs using the ArcticLink®, ArcticLink II VX, PolarPro® and PolarPro II solution platforms.

QuickLogic First to Market Display Controller Solution Supporting 60 fps Content Refresh over MDDI Type 2

Mon, 29 Mar 2010 00:00:00 -0500

Delivers smoother, more fluid-like movement for mobile applications in all viewing conditions

System-proven over MDDI Type 2 interface on Qualcomm’s MSM7x30 and QSD8x50 chipsets running the Google Android operating system

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, has successfully delivered the first complete display controller solution using the Mobile Display Data Interface (MDDI) Type 2 interface for Smartbook, Smartphone and Tablet applications using Qualcomm chipsets. Additionally, QuickLogic has verified the solution’s operation as an MDDI Type 2 (dual lane) client running 60 frames/second (fps) at Full-Wide VGA (FWVGA) resolution. The solution is implemented on an ArcticLink® II VX4C solution platform, which includes QuickLogic’s Visual Enhancement Engine (VEE™) and Display Power Optimizer (DPO). This allows developers to deliver smoother, more fluid-like movement for multimedia and high-resolution gaming applications.

QuickLogic’s MDDI Type 2 solution is available as a Proven System Block (PSB) for Customer Specific Standard Products (CSSPs) developed from the ArcticLink II VX4C solution platform. Also included in the VX4C solution platform are the VEE and DPO PSBs. VEE enables sunlight viewability on mobile displays through pixel-by-pixel dynamic range control, while DPO significantly reduces display power consumption through intelligent control of backlight brightness.

“Mobile processors have reached the horsepower threshold at which they can support higher end multimedia and gaming applications,” said Brian Faith, QuickLogic’s vice president of worldwide marketing. “Additionally, cost effective, high resolution mobile touchscreen technology, and the opening up of mobile operating systems to third party developers has enabled consumer use cases traditionally only achievable on PCs or laptops. Developers using this technology now have a VEE and DPO-enabled solution that reaches the 60 fps threshold via the MDDI Type 2 interface.”

Availability

Reference designs of the MDDI Type 2 Display Controller Solution have been system-proven with Qualcomm’s MSM7x30 and QSD8x50 chipsets running the Google Android operating system and are available immediately.

QuickLogic to Present at the 6th Annual Spring Growth Stock Conference Hosted by Security Research Associates

Fri, 26 Mar 2010 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power Customer Specific Standard Product (CSSP) solutions leader, today announced that Mr. Andy Pease, QuickLogic’s President, and Mr. Ralph Marimon, the company’s Chief Financial Officer, will be presenting at the 6th Annual Spring Growth Stock Conference hosted by Security Research Associates, Inc. The conference will be held on Tuesday, April 6 at the Omni Hotel in San Francisco.

Location: The Omni Hotel, 500 California Street, San Francisco, CA 94104 Russian Hill Room

Time: Tuesday, April 6 at 12:30 p.m., Pacific Time

Presentation: The presentation will be made available on the QuickLogic web site in the Investor Relations section after the presentation.

Mr. Pease will discuss the company's market position and growth strategies, and describe the impact that CSSPs will have on the mobile electronics market. CSSPs deliver a single-chip solution that offers designers the integration and flexibility required to accelerate time-to-market and differentiate their own products.

QuickLogic Announces Fourth Quarter and Fiscal 2009 Results — Fourth Quarter New Product Revenue Up 50% Sequentially

Tue, 09 Feb 2010 00:00:00 -0600

Note to Editors: Download Financial Tables

Total revenue for the fourth quarter of 2009 was $4.3 million, up 28% from the third quarter of 2009 and down 28% from the fourth quarter of 2008. The sequential increase of revenue is consistent with the revenue guidance given during the Company's October 27, 2009, third quarter earnings call. During the fourth quarter, new product revenue increased about 50% to $2.0 million from $1.4 million in the third quarter of 2009. This sequential increase in new product revenue accounted for roughly half of the total revenue in the fourth quarter.

Under generally accepted accounting principles (GAAP), the net loss for the fourth quarter of 2009 was $1.9 million, or $0.06 per share, compared with a net loss of $3.0 million, or $0.10 per share, in the third quarter of 2009 and a net loss of $2.6 million, or $0.09 per share, in the fourth quarter of 2008. Non-GAAP net loss for the fourth quarter of 2009 was $1.3 million, or $0.04 per share, compared with a non-GAAP net loss of $1.9 million, or $0.06 per share, in the third quarter of 2009 and a non-GAAP net loss of $1.2 million, or $0.04 per share, in the fourth quarter of 2008.

Revenue for 2009 was $15.1 million, compared with revenue of $31.9 million in 2008. Under GAAP, the net loss for 2009 was $9.8 million, or $0.32 per share, compared with a net loss of $9.4 million, or $0.32 per share, in 2008. Non-GAAP net loss for 2009 was $7.1 million, or $0.23 per share, compared with a non-GAAP net loss of $3.0 million, or $0.10 per share, in 2008.

"We are pleased with the significant growth of new product shipments during the fourth quarter, driven primarily by multiple 3G USB modem OEMs," said Tom Hart, QuickLogic's Chairman of the Board and CEO. "We have now established CSSPs with Tier 1 OEMs in the high growth, mobile electronics segment; a testament to our focus, innovative technology, and strong ecosystem of partners."

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Standard Time today, February 9, 2010, to discuss its current financial results. The conference call is being webcast and can be accessed via QuickLogic's website at www.quicklogic.com. To participate in the conference, please call (877) 718-5107 by 2:20 p.m. Pacific Standard Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode:6740423. The call recording will be archived until Friday, February 12, 2010 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic CSSPs Shipping in Option Wireless’ 14.4Mbps 3G USB Modems with MicroSD Support

Thu, 28 Jan 2010 00:00:00 -0600

CSSPs enhance SD Memory Card performance of USB Cat9 and Cat10 HSDPA USB modems

Supports Option’s uCAN® Move application for great customer user experience

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, is proud to announce that its Customer Specific Standard Products (CSSPs) are being adopted by Option® Wireless in a line of 3G Cat9 (10.1 Mbps) and Cat10 (14.4 Mbps) HSDPA USB modems for wireless communications over cellular networks. Option is a global leader in wireless technology, focused on the design, development and manufacture of innovative solutions that provide businesses and consumers with high-quality wireless broadband access to the Internet, anywhere, anytime.

Option's latest iCON505M series of 3G USB modems offer the ability to add up to 32 GB of micro SD memory to the modem to facilitate the sharing of downloaded content with Smartphones, Smartbooks, Netbooks, multimedia players and other consumer electronic devices, simplify the exchange of files between different PCs, or the transfer of images between digital cameras and a PC. Consumers are demanding these transfers be done in less time - a task that is becoming increasingly difficult with the large multimedia files being transferred or shared today. Option has adopted a QuickLogic® CSSP that addresses this unique consumer use case.

In industry standard (Note 1) performance benchmark tests, the Option® iCON505M modem with the QuickLogic CSSP achieved 16 MB/s read performance and 7.4 MB/s write performance when transferring files between a Notebook PC and a microSD memory card in the modem. A competitor's similar product (Note 2) without the QuickLogic CSSP was measured at less than 1 MB/s for both read and write performance.

“We are thrilled to hear the results of the QuickLogic benchmark test,” said Martin Croome, Option’s vice president of marketing. “This confirms Option’s strategy to use quality solutions, such as QuickLogic’s CSSPs, to deliver high performance 3G USB Modems. This is particularly important in view of Option’s strong strategic orientation toward value-added services and applications, such as uCAN Move. The uCAN Move application allows professionals and consumers to access their applications, content and personal internet connection with one click from any PC.”

“The CSSP design approach allows customers, such as Option, to deliver high performance 3G USB modems with innovative applications such as uCAN Move giving customers a great user experience as they quickly access their applications and exchange files beyond what can be achieved by using only standard products,” said Andrew J. Pease, QuickLogic’s president. “As with all of our CSSP engagements, the QuickLogic and Option engineering teams worked collaboratively during the architecture and development process to ensure best-in-class performance for their Cat9 and Cat10 USB modems.”

Note 1: The benchmarking software used was an information and diagnostic utility application by SiSoftware Sandra (the System ANalyser, Diagnostic and Reporting Assistant).

Note 2: The similar competitive 3G USB Modem used was the 02 E169 HSDPA product.

QuickLogic Announces Q4 and FY2009 Earnings Conference Call

Wed, 20 Jan 2010 00:00:00 -0600

QuickLogic Corporation (NASDAQ:QUIK), the lowest power Customer Specific Standard Product (CSSP) solutions leader, has scheduled a conference call to discuss the company's earnings results for its fourth quarter and fiscal year 2009 on Tuesday, February 9, 2010, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's fourth quarter and fiscal year 2009 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on February 9, 2010. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing 877-718-5107 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 719-457-0820 and reference the passcode 6740423. The call recording will be archived until February 12 and the webcast will be available for 12 months.

QuickLogic Announces Q4 2009 Revenue Growth

Mon, 11 Jan 2010 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today announced that it expects to report fourth quarter revenue of approximately $4.2 million. This represents an increase of 28% over the third quarter revenue level and is consistent with the revenue guidance given during the company’s October 27, 2009, third quarter earnings call. New product revenue increased approximately 50% sequentially and accounted for roughly half of the total revenue in the fourth quarter.

QuickLogic to Present at the 12th Annual Needham & Company Growth Conference in New York

Mon, 21 Dec 2009 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in lowest power Customer Specific Standard Products (CSSPs), today announced that Mr. E. Thomas Hart, QuickLogic’s Chairman and CEO, and Mr. Ralph Marimon, the company’s Chief Financial Officer, are scheduled to present at the Needham & Company Growth Conference in New York. They will provide an overview of the company’s CSSP strategy and its impact on the mobile electronics market in delivering a single-chip solution that offers designers the integration and flexibility required to accelerate time-to-market and differentiation in the mobile segment.

Location: The New York Palace Hotel, 455 Madison Avenue, New York, NY 10022

Time: Wednesday, January 13 at 10:00 a.m., Eastern Time

Webcast URL: http://www.wsw.com/webcast/needham35/quik/ (This presentation will be archived for 90 days.)

QuickLogic Showcases Innovative CSSP-Enabled Handset and Mobile CE Products at Consumer Electronics Show (CES) in Las Vegas

Wed, 16 Dec 2009 00:00:00 -0600

Demonstrating its continued commitment to the mobile consumer electronics market, QuickLogic Corporation (NASDAQ: QUIK), is showcasing a host of next-generation handheld and mobile consumer electronics (CE) devices based on QuickLogic’s Customer Specific Standard Product (CSSP) solutions during the CES show in Las Vegas, January 7-10, 2010. Among the technologies on display is the Visual Enhancement Engine (VEE™) and Display Power Optimizer (DPO) technology. QuickLogic’s VEE and DPO technologies bring a TV-quality visual experience to mobile devices with either OLED or TFT LCD displays while significantly reducing power consumption of the display subsystem. The showcase theme: “Seeing is Believing.”

CES Featured Demos

A visit to the private hospitality suite will reveal how QuickLogic’s CSSP solutions are being deployed in the following next-generation products:

Mobile Internet Devices, Smartbooks, Netbooks and Smartphones implemented with QuickLogic’s 2nd generation VEE technology.
3G USB Data Cards from multiple OEMs using CSSPs that integrate High Speed USB 2.0 and SD/eMMC host controllers.
Enterprise POS systems that showcase the extent of QuickLogic’s library of low power Proven System Blocks, including USB 2.0 OTG with PHY, SD/eMMC host controllers, and Secure Access Module capability.

Each product will have one or more QuickLogic CSSPs inside enabling visitors to see for themselves the benefits of the CSSP design approach in solving interface, storage, and display design challenges. Visitors will also be able to view CSSPs that increase sideloading performance, as well as personally experience the enhanced image quality and dramatic power savings achieved using QuickLogic’s revolutionary VEE and DPO technologies. Visitors will find QuickLogic’s showcase in the South Hall of the Las Vegas Convention Center, Suite 36063MP. To register for a specific time to visit the private suite and receive personal attention, please call +1-408-990-4000, and ask to schedule an appointment.

QuickLogic Tailors Website for At-A-Glance Research of CSSP Solutions and Applications

Wed, 18 Nov 2009 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in lowest power Customer Specific Standard Products (CSSPs), is pleased to announce the launch of its completely redesigned and enhanced website. With significant improvements in content, navigation and design, the new site offers the battery powered, handheld device community a portal for user-friendly, at-a-glance research of CSSP solutions. The site also serves the investing community with easy access to QuickLogic financial information, stock quotes and SEC required filings.

The website features content updates segmented by:

Market

Application

The completely updated format allows users to easily access an overview, block diagrams, examples of use-cases and key documents. The Google search engine enables users to type in a keyword to find the information they need. And, the "QuickLinks" section at the end of every page simplifies navigation throughout the entire website.

"The web is an important medium for communicating our solutions and capabilities to the broad range of decision-makers in the handheld, mobile device value chain, including our customers, partners and network operators," said Brian Faith, VP of Worldwide Marketing. "We have organized the content and enhanced the navigation so that they can find the information they need quickly and efficiently."

The new website can be viewed at http://www.quicklogic.com

QuickLogic Corporation Announces $6.24 Million Registered Direct Offering

Tue, 17 Nov 2009 00:00:00 -0600

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable semiconductor solutions leader, today announced that it has entered into definitive agreements with a select group of institutional investors to sell an aggregate of 4,305,929 shares of common stock and warrants to purchase up to an aggregate of 3,229,446 shares of common stock in a registered direct offering. The common stock and warrants will be sold in units (the "Units"), with each Unit consisting of (i) one share of common stock and (ii) a warrant to purchase 0.75 of a share of common stock, at a negotiated purchase price of $1.45 per Unit. The Company expects to receive gross proceeds from the offering of approximately $6.24 million, before deducting placement agent's fees and estimated offering expenses. The Company's costs in connection with the offering are expected to be approximately $0.7 million. The Warrants are exercisable any time after the six month anniversary of the date of issuance until the 66 month anniversary of the date of issuance, and will be exercisable at a price of $2.15 per share.

The transaction is expected to close on or about November 20, 2009, subject to the satisfaction of customary closing conditions. The Company intends to use the net proceeds from the sale of the Units pursuant to this offering for general corporate purposes, including without limitation, sales and marketing activities, research and development, capital expenditures and working capital.

All of the shares of common stock, the warrants to purchase shares of common stock and the shares of common stock issuable upon exercise of the warrants are being offered by QuickLogic Corporation pursuant to a shelf registration statement previously filed with the Securities and Exchange Commission (the "SEC"), which was declared effective by the SEC on September 2, 2009, as supplemented by a prospectus supplement dated November 17, 2009 filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended.

Needham & Company, LLC served as the exclusive placement agent for the offering. The Units may only be offered by means of a prospectus. Copies of the final prospectus supplement and accompanying base prospectus can be obtained at the SEC's website at http://www.sec.gov or by writing or calling the Company at 1277 Orleans Drive, Sunnyvale, California 94089-1138, Attention: Ralph Marimon, Chief Financial Officer, (408) 990-4000.

QuickLogic to Present at the Portable Computer and Communications Association Workshop in Portland

Tue, 03 Nov 2009 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that Timothy Saxe, Ph.D., Chief Technology Officer for QuickLogic, will be presenting at the Portable Computer and Communications Association (PCCA) workshop on Emerging Mobile Platforms, in Portland, Oregon.

Dr. Saxe will join other world leading technologists from Intel®, Microsoft®, Qualcomm® and The Olliance Group to examine emerging mobile platforms from both a technical and market perspective. Specifically, Dr. Saxe will discuss the semiconductor perspectives on emerging mobile devices, including integration, capabilities and power management.

Location: Hilton Garden Inn, 12048 Northeast Airport Way, Portland, OR 97220

Time: Thursday, November 5, 8:00 a.m. - 4:00 p.m. Pacific Time

QuickLogic Announces Fiscal 2009 Third Quarter Results

Tue, 27 Oct 2009 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today announced the financial results for its fiscal third quarter ended September 27, 2009.

Total revenue for the third quarter of 2009 was $3.3 million, up 14% from the second quarter of 2009 and down 47% from the third quarter of 2008. The sequential increase of revenue was primarily due to an increase in new product revenue and strong bookings towards the end of the second quarter. During the third quarter, new product revenue increased 67% to $1.4 million from $0.8 million in the second quarter of 2009. This sequential increase in new product revenue was mainly due to our customer specific standard product (CSSP) customers going into production in the third quarter.

Under generally accepted accounting principles (GAAP), the net loss for the third quarter of 2009 was $3.0 million, or $0.10 per share, compared with a net loss of $3.2 million, or $0.11 per share, in the second quarter of 2009 and a net loss of $0.6 million, or $0.02 per share, in the third quarter of 2008. Non-GAAP net loss for the third quarter of 2009 was $1.9 million, or $0.06 per share, compared with a non-GAAP net loss of $2.7 million, or $0.09 per share, in the second quarter of 2009 and a non-GAAP net loss of $0.2 million, or $0.01 per share, in the third quarter of 2008.

"We are pleased with the significant growth of new product shipments in the third quarter of this year,” said Tom Hart, QuickLogic’s Chairman of the Board and CEO. “This increase is primarily associated with our strategic focus of driving CSSPs into high growth mobile, battery-powered handheld electronics segments, such as wireless, broadband data cards. The new product bookings were strong in the third quarter, which should lead to another increase in new product revenue in the fourth quarter.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Daylight Time today, October 27, 2009, to discuss the third quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To participate, please call (888) 378-4361 by 2:20 p.m. Pacific Daylight Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 or (888) 203-1112 and reference the passcode: 9997974. The call recording will be archived until Friday, October 30, 2009 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic Announces Availability of Its ArcticLink II VX2 CSSP Solution Platform

Wed, 21 Oct 2009 00:00:00 -0500

Up to 80% lower power than a standard backlit LCD while providing a rich, TV-quality viewing experience

Reduces processor duty-cycle to further extend battery life with optional integrated frame buffer

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced engineering sample shipments of its low power ArcticLink® II VX2 solution platform. With embedded 2nd generation Visual Enhancement Engine (VEE v2.0), Display Power Optimizer (DPO), optional frame buffer, and low power programmable fabric, the ArcticLink II VX2 solution platform is ideal for display path CSSPs for smartphones, multimedia phones, feature phones, mobile internet devices (MIDs), netbooks, smartbooks, mobile TV devices, and portable navigation devices (PNDs).

The low power ArcticLink II VX2 solution platform incorporates the following key features:

The embedded VEE v2.0 provides a TV-quality visual experience. By leveraging pixel-by-pixel processing, VEE is effective in all lighting conditions, including direct sunlight.
The embedded DPO intelligently drives the Pulse Width Modulator (PWM) circuitry of the backlights in TFT LCD displays - reducing display power consumption by up to 80%.
Up to 32 Mbits of embedded frame buffer using very low power cellularRAM® technology supports up to WSVGA resolution (1024x600) and 24-bit color depth, allowing the mobile processor to be kept in sleep mode while refreshing mobile displays at 60+ frames per second.
The programmable fabric supports a diverse suite of fully tested Proven System Blocks (PSBs) and customer specific peripheral connectivity. This provides CSSP customers with faster time-to-market, greater flexibility during market cycles, the lowest possible system power consumption and lower BOM costs.

"Longer battery life and better display quality have become two of the most important features for portable, media-rich devices of all kinds," said Brian Faith, VP of Worldwide Marketing for QuickLogic. "As recently as a year ago, battery life specifications addressed only talk time and standby time. However, of equal importance today is what some writers have termed as ‘YouTube minutes.' Consumers want displays that provide a TV-quality experience, even in direct sunlight, yet don't rob them of precious battery power. The combination VEE v2.0 and DPO is the only solution on the market that fully addresses these issues."

Availability

CSSPs based on the ArcticLink II VX2 solution platform are sampling now, and are scheduled for full production availability in Q4, 2009.

For more information on ArcticLink II VX2, please go to www.quicklogic.com/vx2

QuickLogic Extends Battery Life with Display Power Optimizer (DPO) Proven System Block

Wed, 21 Oct 2009 00:00:00 -0500

Next generation intelligent display management that radically lowers power consumption while significantly improving display quality in all viewing conditions

Directly drives Pulse Width Modulator for autonomous control of display brightness

Demonstrating its continued commitment to the mobile market, QuickLogic Corporation (NASDAQ: QUIK) today announced its new intelligent Display Power Optimizer (DPO) Proven System Block (PSB). DPO is designed to work in conjunction with QuickLogic's second generation Visual Enhancement Engine (VEE™ v2.0) to deliver the best of both worlds - a single-chip solution that provides a TV-quality viewing experience and up to an 80% reduction in backlight power usage.

"Mobile multimedia such as Hulu and YouTube is overwhelming the bandwidth of cellular networks and, at the same time, overtaxing the power budgets of battery powered devices that are not optimized to support this new, ‘Always-on' world," said Brian Faith, QuickLogic's vice president of worldwide marketing. "With our new solution that couples DPO and VEE technology in a single chip, consumers can get the battery life they need with the visual experience they desire."

QuickLogic's VEE PSB is based on proven, patented technology licensed from Apical Limited. This technology is designed to provide TV-like video quality in all lighting conditions, including direct sunlight, yet reduce backlight power by as much as 80%. VEE not only examines the video bit stream in real time on a pixel-by-pixel basis, it also runs comparative algorithms to insure the integrity of the original content is maintained and the images are scientifically optimized in accordance with how the human visual system works.

Both the VEE v2.0 and the DPO PSBs are available for inclusion in Customer Specific Standard Products (CSSPs) developed by QuickLogic. The flexibility of the PSBs allows QuickLogic to individually tune the VEE and DPO proven system blocks to a customer's specific display, backlight and application processor design.

Availability

The DPO PSB option is immediately available on all QuickLogic platforms that offer the VEE v2.0 PSB, including the ArcticLink® II VX family.

For more information on DPO, please go to www.quicklogic.com/dpo

QuickLogic Extends Smart I/O Connectivity to Smartbook/Netbook and Mobile Developers

Wed, 14 Oct 2009 00:00:00 -0500

Proven System Blocks close I/O support gaps for non-traditional PC processors

Simplifies OEM/ODM design while saving power in battery-powered consumer products

Continuing its commitment to meeting the needs of mobile device developers, including those targeting the high growth “smartbook” and “netbook” PC market, QuickLogic Corporation has expanded its line of Smart I/O Proven System Blocks (PSBs) for use in Customer Specific Standard Products (CSSPs). Among the PSBs now available are an I2C master controller, a pulse width modulator (PWM), a PS2 controller, and a low-power matrix keyboard controller.

“Many developers of smartbooks and netbooks are approaching the market from the smartphone point-of-view,” said Brian Faith, QuickLogic’s vice president of worldwide marketing. “They are utilizing ARM processor architectures, which in many cases do not have all of the required I/O that consumers have come to expect from computing products. QuickLogic’s CSSPs with Smart I/O PSBs close these gaps quickly, with low BOM cost and PCB space.”

New Smart I/O PSBs Added

QuickLogic’s extensive PSB library already includes highly desirable I/O functions such as USB 2.0 High Speed Host/Client/OTG, various memory card and HDD mass storage interfaces, general-purpose I/O (GPIO), and LCD display controllers featuring QuickLogic's Visual Enhancement Engine (VEE™). Now, PS/2 interface, PWM control, matrix keyboard, and I2C host controller functions have been added and, due to their configurable nature, can efficiently connect these critical I/O functions to whatever processor architecture the developer chooses. These I/O functions are especially valuable in the emerging smartbook/netbook market:

PS/2 interfaces are commonly used for controlling touchpad pointing devices.
I2C master controllers provide efficient control of position and orientation sensors such as electronic compasses and accelerometers, ambient light and proximity sensors, as well as touch-screen controllers.
PWM controllers provide backlight intensity control as well as on-off and variable brightness control for indicator LEDs, including the new "breathing" functionality.
A matrix keyboard controller provides a low-power interface for low-cost full-function keyboards, and includes support for high-end features such as 3-key rollover and ghosting detection.

Power Savings Available

QuickLogic’s Smart I/O PSBs enable developers to reduce system power demands. The I2C controller, for instance, can aggregate positioning information and send it to the CPU on a schedule rather than being interrupt-driven, allowing the CPU to spend more time in a lowpower sleep mode. The matrix keyboard controller eliminates the need for active elements in the keyboard - also reducing power consumption. Finally, a tightly coupled Power Management Unit (PMU) allows for clock multiplexing on a PSB-by-PSB basis to ensure PSBs run from a very low frequency 32 kHz hibernate clock, when not in use.

Availability

All of these Smart I/O PSBs are available immediately and can be embedded in all CSSPs utilizing the PolarPro®, PolarPro II, ArcticLink® and ArcticLink II solution platform families.

QuickLogic Announces Q3 Earnings Conference Call

Tue, 13 Oct 2009 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the company's earnings results for its third quarter on Tuesday, October 27, 2009, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic Corporation will issue a news release announcing the Company's third quarter 2009 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on October 27, 2009. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing 888-378-4361 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 719-457-0820 or 888-203-1112 and reference the passcode 9997974. The call recording will be archived until Friday, October, 30th 2009 and the webcast will be available for 12 months.

QuickLogic CSSPs Dramatically Lower Power Consumption in Intel Atom-Based Netbook and MID Designs

Tue, 22 Sep 2009 00:00:00 -0500

Underscoring its commitment to providing innovative solutions for the Netbook and Mobile Internet Device (MID) market, QuickLogic Corporation (NASDAQ: QUIK) revealed a fully-operational Customer Specific Standard Product (CSSP) that leverages the power-saving benefits of the Visual Enhancement Engine (VEE) technology for an MID design based on the Intel® Atom™ processor. QuickLogic will be providing CSSP details and battery life extension results, as well as demonstrating the MID product and its display quality, at the Intel Developer Forum in San Francisco.

QuickLogic's VEE technology improves the viewability of multimedia content on an LCD display, especially under high ambient light conditions including sunlight. The enhancement allows MIDs to deliver an excellent viewing experience with lower backlight intensity than would otherwise be required. This reduced intensity translates into significantly lower display power consumption. The VEE technology is now product-design-proven to work with the Intel Atom processor and is available as a Proven System Block (PSB) for inclusion in a CSSP.

"Larger, high resolution displays consume a substantial amount of power in Atom-based designs", said Brian Faith, QuickLogic's vice president of worldwide marketing. "The use of a CSSP with VEE technology helps extend battery life in such products which is critical to the user experience."

QuickLogic CSSP Adds Additional Capability to Icera’s Espresso® 300 3G Soft Modem Solution for Rapidly Growing USB Modem Market

Thu, 30 Jul 2009 00:00:00 -0500

ArcticLink® CSSP platform used with Icera’s Espresso® 300 3G soft modem reference platform solution now in production

Offers increased performance and efficiency between USB 2.0 host interface and onboard Micro SD/SDHC memory card interfaces

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the selection of its Customer Specific Standard Product (CSSP), based on the ArcticLink solution platform, for the Icera Espresso® 300 3G soft modem platform, that is now entering production.

Icera is a leader in software-defined wireless chipsets and is the only company to deliver software-based cellular modems for broadband data cards, USB sticks, and mobile internet devices. Icera’s reference design uses a wafer-level chip scale (WLCSP) version of the ArcticLink solution platform to compliment its second-generation baseband chip design. QuickLogic provides higher speed, smart data transfers between USB and SD/SDHC memory via QuickLogic’s innovative Smart Programmable Integrated Data Aggregator (SPIDA) system block.

Mobile data service providers anticipate customer demand for USB-based broadband data cards to reach nearly 40 million units in 2009, according to the market research firm ABI Research. By working with QuickLogic, Icera was able to rapidly address the emerging market for USB data cards that incorporate a microSD/SDHC memory card interface. By using the QuickLogic CSSP, based on the ArcticLink solution platform, Icera was able to quickly adapt their leading edge USB data card reference design, without compromising power consumption or impacting performance – in terms of both the modem and the USB-to-SD/SDHC memory transfers. As a result, consumers can now have one USB device plugged into their PC, incorporating both a cellular modem and removable memory function.

“QuickLogic’s technology and capabilities were key to our ability to quickly respond to the shifting market requirements without compromises,” said Rick Dingle, vice president of Customer Engineering at Icera. “The CSSP approach and the use of QuickLogic’s SPIDA- proven system block embedded within the ArcticLink solution platform provided us with the opportunity to work with QuickLogic on architecting and adapting the solution for power and performance efficiencies. By working directly with QuickLogic’s architecture and development teams, Icera was able to go from specification to first samples in less than eight weeks.”

“QuickLogic’s CSSP solutions provide innovative companies such as Icera with the flexibility to implement custom designs optimized for power consumption and performance while saving them the time, expense and effort of spinning base platform silicon,” said Andrew J. Pease, QuickLogic’s president. “Because CSSPs are not customized until after fabrication and test, we have an appropriate die bank awaiting the needs of many different customers, giving them customized solutions at standard product pricing and availability.”

The ArcticLink-based CSSP that Icera chose belongs to a family of solution platforms that embed a unique combination of QuickLogic’s patented ViaLink® programmable fabric technology and hard-wired logic for commonly requested functions to maximize speed, and minimize power consumption and cost. QuickLogic implemented additional proven system blocks (PSBs) with state-of-the-art power consumption and performance characteristics in the programmable fabric to meet specific customer requirements. This breadth of functions gives customers the ability to quickly receive a customer specific design with the right combination of functionality, performance, size, and cost without the delays and expense that characterize other custom design approaches.

QuickLogic Announces Fiscal 2009 Second Quarter Results

Tue, 28 Jul 2009 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today announced the financial results for its fiscal second quarter ended June 28, 2009.

During the second quarter, new product revenue increased 24% from the first quarter of 2009. However, as we previously announced, a sharp decline in demand for our legacy products sold into the US and Western European markets caused a decline in total revenue for the second quarter of 2009 to $2.9 million, down 36 percent from the first quarter of 2009 and down 67 percent from the second quarter of 2008.

Under generally accepted accounting principles (GAAP), the net loss for the second quarter of 2009 was $3.2 million, or $0.11 per share, compared with a net loss of $1.6 million, or $0.05 per share, in the first quarter of 2009 and a net loss of $4.7 million, or $0.16 per share, in the second quarter of 2008. Non-GAAP net loss for the second quarter of 2009 was $2.7 million, or $0.09 per share, compared with a non-GAAP net loss of $1.2 million, or $0.04 per share, in the first quarter of 2009 and a non-GAAP net loss of $0.9 million, or $0.03 per share, in the second quarter of 2008.

"The U.S. and Western European market served by our legacy products have been among those hardest hit during this recession and, for the most part, are still struggling. This is unfortunate, but it is a part of the equation that we can do little to impact. However, the part of the equation that we can drive is moving forward," said QuickLogic's CEO, Tom Hart. "While second quarter shipments for new products came in at the low end of our expectations, bookings were strong during the last half of June. We believe this will lead to a material increase in new product shipments in Q3."

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, July 28, 2009, to discuss the second quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To participate, please call (877) 419-6596 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 5081417. The call recording will be archived until July 31, 2009 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic Announces Q2 Earnings Conference Call

Tue, 14 Jul 2009 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the company's earnings results for its second quarter on Tuesday, July 28, 2009, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic Corporation will issue a news release announcing the Company's second quarter 2009 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on July 28, 2009. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing 877-419-6596 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 719-457-0820 and reference the passcode 5081417. The call recording will be archived until July 31st, 2009 and the webcast will be available for 12 months.

QuickLogic Provides Updated Revenue Outlook for the Second Quarter of 2009

Wed, 01 Jul 2009 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today provided an updated revenue outlook for the second quarter of 2009 which ended on June 28.

During the second quarter, new product revenue increased nearly 25%. However, due to a sharp decrease in demand for our legacy products sold into U.S. and Western European markets, total second quarter revenue is anticipated to be between $2.8 million and $3.0 million, which is below the guidance issued on April 28, 2009. Other notable items for the quarter include:

The book-to-bill ratio for new products was substantially above one-to-one.
Cash used during the quarter was within guidance.
Design wins, production and pre-production contracts for new products, as outlined during the April 28, 2009 conference call, are all moving forward within outlined expectations.

"The U.S. and Western European market sectors served by our legacy products were among those hardest hit during the recession and, for the most part, are still struggling. This is unfortunate, but it is a part of the equation that we can do little to impact. However, the part of the equation that we can drive is moving forward," said QuickLogic's CEO, Tom Hart. "While second quarter shipments for new products came in at the low end of our expectations, bookings were strong during the last half of June. We believe this will lead to a material increase in new product shipments in Q3. We'll look forward to discussing this and other strategic developments during our July 28 conference call.”

QuickLogic Appoints Frank Ellis to Vice President Worldwide Sales

Mon, 11 May 2009 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that Frank G. Ellis has joined the company as Vice President Worldwide Sales following the recent promotion of Andy Pease to President of the Corporation. Mr. Ellis will be responsible for executing QuickLogic’s Customer Specific Standard Product (CSSP) sales strategy and leading all of the company’s sales activities globally.

Mr. Ellis comes to QuickLogic with over 25 years experience of complex technical sales and business development in the semiconductor industry, particularly in the mobile consumer/prosumer and enterprise markets. During this time, he has held senior sales, business development and worldwide sales management positions at leading companies such as Texas Instruments, Harris/Intersil Corporation, and RF Micro Devices (through their acquisition of Resonext Communications). Mr. Ellis holds a Bachelor of Science degree in Electrical Engineering Technology from the Milwaukee School of Engineering.

“Frank’s evident passion for and success in the mobile space is a perfect fit for QuickLogic as we continue our penetration of the cellular, computing and consumer electronics markets,” said Andy Pease, President. “His demonstrated ability to lead, engage and win in Asia, particularly with ODMs and OEMs, is key to achieving QuickLogic’s aggressive growth plans over the next three years. I am delighted to welcome him to the team and look forward to much success”.

QuickLogic Announces Fiscal 2009 First Quarter Results

Tue, 28 Apr 2009 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable semiconductor solutions leader, today announced the financial results for its fiscal first quarter ended March 29, 2009.

Total revenue for the first quarter of 2009 was $4.6 million, down 23 percent from the fourth quarter of 2008 and down 59 percent from the first quarter of 2008. The sequential decline in revenue was due to declines in both our new product and legacy product lines. The decline in new product revenue was caused by the end of life of a product family by a tier 1 customer and delays in new product start-up with several major customers. The decline in legacy product revenue resulted from the general economic slowdown. New products - ArcticLink®, PolarPro® II, PolarPro , Eclipse™ II and QuickPCI® II - contributed 15 percent of revenue in the first quarter of 2009 compared to 26 percent in the fourth quarter of 2008 and 24 percent of revenue in the first quarter of 2008.

Under generally accepted accounting principles (GAAP), the net loss for the first quarter of 2009 was $1.6 million, or $0.05 per share, compared with a net loss of $2.6 million, or $0.09 per share, in the fourth quarter of 2008 and a net loss of $1.4 million, or $0.05 per share, in the first quarter of 2008. Non-GAAP net loss for the first quarter of 2009 was $1.2 million, or $0.04 per share, compared with a non-GAAP net loss of $1.2 million, or $0.04 per share, in the fourth quarter of 2008 and a non-GAAP net loss of $0.7 million, or $0.02 per share, in the first quarter of 2008.

“Our financial results were in line with our guidance for the first quarter, and we expect our new product revenue to grow in future quarters,” said E. Thomas Hart, Chairman of the Board and CEO. “During the first quarter we worked with our partners to finish development of our latest ArcticLink II VX4 solution platform. The VX family embeds the second generation Visual Enhancement Engine, or VEE™, Proven System Block (PSB), which improves the user’s video viewing experience while extending system battery life by allowing reduction in the power used by a mobile device’s single biggest consumer of power, the backlight. The VX4 platform also embeds the Qualcomm developed MDDI serial interface for ease of connection with their mobile processors.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, April 28, 2009, to discuss the first quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To participate, please call (877) 548-7912 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 4199677. The call recording will be archived until May 1, 2009 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic Announces Q1 2009 Earnings Conference Call

Tue, 14 Apr 2009 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal first quarter on Tuesday, April 28, 2009, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic Corporation will issue a news release announcing the Company's first quarter 2009 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on April 28, 2009. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 548-7912 by 2:20 p.m. Pacific Time on April 28, 2009. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode 4199677. The call recording will be archived until Thursday May 1st, 2009 and the webcast will be available for 12 months.

QuickLogic Expands ArcticLink II Family to Support Qualcomm Mobile Processors

Mon, 30 Mar 2009 00:00:00 -0500

Embeds 2nd generation Visual Enhancement Engine (VEE), MDDI Type 2 client with PHY, and CellularRAM framebuffer Proven System Blocks (PSBs) with patented programmable fabric

Targets Multimedia and Smartphone handsets, Pocketable & Mobile Computing Devices (PCDs & MCDs), Mobile Internet Devices (MIDs), and Netbook segments with displays ranging from Wide QVGA to Wide SVGA resolution

In response to growing demand for its Visual Enhancement Engine (VEE) technology, QuickLogic Corporation (NASDAQ: QUIK) has announced the development of new solution platforms tailored for Qualcomm’s latest Mobile Station Modem (MSM) MSM7xxx-series and MSM8xxx-series mobile processors, including the recently announced Snapdragon family. The new ArcticLink® II VX4 family members incorporate the VESA compliant mobile data display interface (MDDI) used by Qualcomm MSMs with the 2nd generation VEE proven system block and embedded CellularRAM framebuffer PSBs.

Exane BNP Paribas, an Equity Brokerage and Research Services company, predicts that in 2011, Qualcomm will ship over 100 million mobile processors in 3G Wideband Code Division Multiple Access (WCDMA) handsets, representing 29% market share of the entire WCDMA processor market. This WCDMA market consists of two macro application segments: the smaller form factor multimedia phone, Smartphone and PCD segments, and the mid-size form factor MCD, MID, and Netbook segments. QuickLogic’s new VEE-enabled solution platforms are purposefully architected to address the technical requirements of these unique macro application segments.

Tailored for the multimedia phone, Smartphone, MCD, PCD, MID, and Netbook segments the ArcticLink II VX4 family of platforms incorporates the following key features:

Hardwired version of VEE 2.0 PSB

MDDI Type 2 client with PHY PSB, backwards compatible with MDDI Type 1

Embedded CellularRAM framebuffer PSB, supporting up to Wide SVGA (1024x600) resolution at 24-bit color depth

Low-power programmable fabric for implementing customer-specific features and use cases such as controlling sensors, haptic devices, touchscreen and LCD backlight control keyboard control, touchpad or mouse control, as well as enabling dual display functionality

“Development of the ArcticLink II VX4 solution platforms is yet another example of our commitment to delivering flexible solutions that address the rapidly evolving, but not clearly defined, requirements of portable and handheld consumer products,” said Brian Faith, QuickLogic’s vice president of worldwide marketing. “Since our launch of the 1st generation VEE PSB in early 2008, we’ve worked closely with OEMs and ODMs worldwide and found tremendous interest in tailoring our VEE technology to Qualcomm MSM-based mobile product architectures. Seeing is believing.”

VEE Improves User Experience QuickLogic’s VEE PSB is based on the proven iridix® core licensed from Apical Limited. VEE improves the user’s visual experience by adaptively processing each video frame on a pixel-by-pixel basis. VEE also adapts to the effects of ambient lighting on display viewability, giving developers a superior solution to simply boosting display backlight intensity levels for daylight viewing. The result is a dramatic savings in power, with a corresponding battery life extension.

Coupled with the VEE PSB, the embedded CellularRAM framebuffer increases handset battery life and reduces system Bill-of-Materials (BOM) costs. First, by enabling the mobile processor to transmit display information into the framebuffer quickly, and then go to sleep while the display controller embedded in the QuickLogic solution platform autonomously refreshes the display. Second, the embedded CellularRAM framebuffer enables OEMs and ODMs to use lower cost RGB displays without framebuffers, therefore lowering the system BOM cost.

“We are excited that QuickLogic is adapting the 2nd generation VEE technology to platforms that are fully purposed for Qualcomm’s mobile processors,” said Dr. Michael Tusch, CEO of Apical, Ltd. “VEE is an ideal solution for optimizing the consumer’s viewing experience and battery life in the next generation of Internet-enabled mobile devices, under all ambient light conditions.”

Availability

The ArcticLink II VX family of solution platforms will begin sampling to early adopters in August 2009, with general samples in September 2009, and are scheduled for production availability in December 2009. QuickLogic expects to be delivering Customer Specific Standard Products (CSSPs) based on the platforms to lead OEM and ODMs in the same timeframe.

QuickLogic Chooses Memory from Micron Technology to Enhance Next-Generation Mobile Devices

Mon, 30 Mar 2009 00:00:00 -0500

New ArcticLink II VX Solution Platform Family Targets Multimedia and Smartphone handsets, Pocketable & Mobile Computing Devices (PCDs & MCDs), Mobile Internet Devices (MIDs), and Netbook segments

Augments QuickLogic 2nd generation Visual Enhancement Engine (VEE) Proven System Block (PSB) with Micron CellularRAM® framebuffer to enhance display viewability while lowering system power

Demonstrating its continued commitment to providing innovative solutions to the mobile device market, QuickLogic Corporation (NASDAQ: QUIK) today announced that it has chosen Micron Technology, Inc., for its CellularRAM mobile memory technology. QuickLogic has chosen Micron’s CellularRAM technology to serve as the framebuffer in its latest ArcticLink II VX4 solution platforms. By using the CellularRAM framebuffer, the ArcticLink II VX family enables designers to use lower cost displays without integrated framebuffers. The QuickLogic solution refreshes the display directly, allowing the mobile processor to be turned off, resulting in increased battery life.

CellularRAM memory devices are a hybrid of the SRAM and DRAM features, combining low power consumption with high-speed read and write functions. QuickLogic chose Micron’s CellularRAM technology, developed specifically for handset and mobile devices, because of its power efficiency as well as its scalability in terms of cost and density. “We were able to use the appropriate memory density for the application and use case requirements of the fast-growing handheld and mobile device market,” said Brian Faith, QuickLogic’s vice president of worldwide marketing.

For Micron, working with QuickLogic reinforces the company’s commitment to memory innovation for the mobile market. "We are excited to be working with QuickLogic to support their innovative application with our CellularRAM technology," said Eric Spanneut, director of mobile memory marketing for Micron. "This new use case creates significant opportunities for Micron in a high-growth segment of the mobile device market."

VX4 Family

QuickLogic developed the VX4 solution platforms in response to growing demand for its Visual Enhancement Engine (VEE) technology among users of Qualcomm’s latest Mobile Station Modem™ (MSM™) MSM7xxx-series and MSM8xxx-series mobile processors, including the recently announced Snapdragon family. The VX family embeds the 2nd generation VEE PSB, a VESA-compatible MDDI PSB and programmable fabric. Micron’s CellularRAM serves as a 24-bit color depth framebuffer ranging from Wide QVGA (400x240) to Wide SVGA (1024x600) resolution.

The VEE PSB improves the user’s viewing experience while extending system battery life by allowing reduction in the energy use of a mobile device’s biggest consumer, the backlight. In addition to the high-performance features of Micron’s CellularRAM, the inherent low-power of the technology further reduces system power. According to Faith, “By moving the framebuffer from either the processor or display to the ArcticLink II VX solution platform, we can conserve processor power consumption when the display is showing static information such as graphical user interfaces, while avoiding costly framebuffer memory in the displays themselves.”

Availability

The ArcticLink II VX4 solution platforms will begin sampling to early adopters in August 2009, with general samples in September 2009, and are scheduled for production availability in December 2009. QuickLogic expects to be delivering Customer Specific Standard Products (CSSPs) based on the platforms to lead OEMs and ODMs in the same timeframe.

QuickLogic Expands Performance and Functionality in 2nd Generation Visual Enhancement Engine (VEE)

Wed, 25 Mar 2009 00:00:00 -0500

Supports display resolutions up to Wide XGA (1366x768) format for Mobile Computing Device (MCD) and Netbook applications

Built-in sharpening and color space conversion for enhanced visual experience and simplified system integration

Demonstrating its continued commitment to the mobile market, QuickLogic Corporation (NASDAQ: QUIK) today announced the 2nd generation of its popular VEE Proven System Block (PSB), providing a greatly improved consumer viewing experience even while extending the battery life of mobile devices. Improvements include performance enhancements that increase the supported display resolutions of the first generation of the VEE PSB from Wide SVGA (1024x600) to Wide XGA (1366x768).

QuickLogic’s VEE PSB is based on the proven iridix® core licensed from Apical Limited. VEE improves the user’s visual experience by adaptively processing each video frame on a pixel-by-pixel basis. VEE also adapts to the effects of ambient lighting on display viewability, giving developers a superior solution to simply boosting display backlight intensity levels for daylight viewing. The result is a dramatic savings in power, with a corresponding battery life extension.

“Displays are no longer just viewed temporarily for navigation and dialing,” said Brian Faith, QuickLogic’s vice president of worldwide marketing. “Consumers use their handheld devices continuously for web browsing, video, photo sharing and mobile television. The image enhancement and power savings that VEE enables, particularly with larger, higher resolution displays being used in MCDs and Netbooks, are critical to realizing the promise of a truly mobile Internet experience.”

The 2nd generation VEE PSB (v2.0) will support display resolutions up to wide XGA (1366x768) as well as several additional features that ease design of next-generation display subsystems, including built-in color space conversion, dithering, gamma correction, and sharpening. At the same time, VEE v2.0 achieves a lower power benchmark than v1.0 in terms of microWatts/MHz.

Availability

The 2nd generation VEE PSB will be available as a hard logic implementation in future ArcticLink® II VX solution platforms scheduled for availability in August of 2009.

QuickLogic to Introduce New CSSP Solutions at Globalpress Electronics Summit

Tue, 24 Mar 2009 00:00:00 -0500

Represents a major step forward in supporting the next generation of Internet-enabled mobile devices

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, will present at the Globalpress Electronics Summit 2009 in San Francisco, CA. Mr. E. Thomas Hart, QuickLogic’s chairman and CEO, will announce new members of the company’s Customer Specific Standard Products (CSSP) solution platform family and new Proven System Blocks (PSBs), and their impact on the next generation of Internet-enabled mobile devices. These include smaller form factor multimedia phones, Smartphones, and Pocketable Computing Devices; as well as mid-size form factor Mobile Computing Devices, Mobile Internet Devices and Netbooks – two mobile product categories expected to enjoy high growth even during the current economic slowdown.

Location: The Hotel Kabuki, 1625 Post Street, San Francisco, CA 94115

Time: Monday, March 30, at 9:45 a.m., Pacific Time

QuickLogic’s SPIDA System Block Speeds Mobile Device Sideloading

Tue, 10 Feb 2009 00:00:00 -0600

Boosts performance via smart data transfers even while extending battery life

Sideloading architecture significantly reduces CPU loading

Proven System Block “tailored” to match specific system interfaces and timing

Underscoring its commitment to the mobile device market, QuickLogic® Corporation (NASDAQ: QUIK) has developed a new family of Proven System Blocks (PSBs) that speed data transfer operations such as media sideloading in mobile devices. The Smart Programmable Integrated Data Aggregator (SPIDA) PSB creates an optimized, dedicated link between high-speed peripheral I/O, such as USB 2.0 High Speed, and storage interfaces to transfer data between them without requiring significant Application Processor (AP) loading. By not requiring the AP to directly handle the data movement, the SPIDA provides a substantial increase in sideload speeds – defined as the download of media from a PC’s or Notebook’s USB port to the internal memory of handheld devices - and similar mass data storage transfers. Increased sideload speeds mean lower energy per byte transferred, which directly yields longer battery life before recharging.

According to iSuppli, a market intelligence company, over 1 Billion handsets will ship in 2010 with an integrated USB interface. With the predicted high attach rate for embedded USB and the ever-increasing amounts of flash storage in handsets, the stage is set for sideloading to become the de facto method for consumers to move multimedia content to their handset.

“Increasing data transfer speeds and the control and management of multiple data pipes coming into today’s mobile devices are increasing demands on system performance,” said Andy Green, QuickLogic’s Director of Platforms Strategies. “Data transfer solutions that require constant Application Processor supervision cannot simultaneously meet consumer expectations for rapid downloads and minimize power demands. The smart data transfers, enabled through QuickLogic’s SPIDA PSB, can.”

Flexibility is Key

The ability to move data with minimal to no AP loading helps system architects maximize system performance while minimizing power demands. For example, a sideloading transfer once initiated can proceed on its own, leaving the AP free to engage in other tasks, or even go to sleep to save power. QuickLogic’s SPIDA is unlike generic sideloading schemes, because it is highly configurable to match specific interface and timing requirements of the specific AP. This allows tuning of design performance to eliminate wait states and other performance-eroding workarounds for interface mismatches.

SPIDA is the first-generation PSB in a planned family of smart data transfer blocks with everincreasing capability. As with other PSBs, SPIDA is a fully designed and field-proven system block that can be implemented in the programmable fabric of QuickLogic’s Customer Specific Standard Product (CSSP) solution platforms. These platforms not only give OEMs and ODMs the ability to have customized solutions created for them that solve mobile device design challenges, they also support rapid adjustment of designs to meet changing market and consumer demands – all at standard product pricing and availability.

Availability

The SPIDA PSB is available immediately for use with QuickLogic’s ArcticLink, ArcticLink II VX, PolarPro and PolarPro II CSSPs.

QuickLogic’s Innovative Technology for Mobile Products Shown at Mobile World Congress in Barcelona

Mon, 09 Feb 2009 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the premier supplier of ultra-low power customizable solutions for mobile applications, is demonstrating a host of next-generation consumer electronics (CE) devices based on QuickLogic’s Customer Specific Standard Products (CSSP) during the Mobile World Congress event in Barcelona, February 16-19, 2009. The showcase will feature both OEM/ODM end products and CSSP technology demonstrations, and highlight the company’s proprietary Visual Enhancement Engine (VEE) and Smart Peripheral Integrated Data Aggregator (SPIDA) technology. VEE brings TV-quality visual experience to mobile devices while significantly reducing display system power consumption. The showcase theme: “Seeing is Believing.”

Mobile World Congress Featured Demos – Hall 7, Stand 7E88

A visit to the QuickLogic stand will reveal the tangible results of mobile market leaders designing with the latest QuickLogic CSSP solutions. The innovative products that OEMs and ODMs have delivered to the market include Smartphones, Mobile Internet Devices (MIDs), Personal Digital Assistants (PDAs), and many more. All have a QuickLogic CSSP inside and will be available for visitors to see for themselves the benefits of the CSSP design approach in solving performance and battery life challenges with interface, storage, and display technologies in mobile products. Visitors will also be able to personally experience the dramatically enhanced image quality achieved using QuickLogic’s revolutionary VEE technology.

Visitors will find QuickLogic’s showcase in Hall Number 7, stand 7E88. To register for a specific time to visit, and receive personal attention, please call +1-408-990-4000, and ask to schedule an appointment.

Andy Pease Promoted to President of QuickLogic Corporation

Mon, 09 Feb 2009 00:00:00 -0600

As part of our ongoing talent management and succession planning processes, the QuickLogic Board of Directors is pleased to announce the promotion of Andy Pease to the position of President of QuickLogic Corporation, effective March 30, 2009.

Pease joined QuickLogic in November 2006 in the position of Vice President of Worldwide Sales. While in this position he has successfully demonstrated executive leadership in the development and execution of QuickLogic’s Customer Specific Standard Products (CSSP) strategy. His accomplishments include a far reaching restructuring of the worldwide sales force, implementation and deployment of robust automated CRM tools and processes, and increased engagements and visibility with significant Tier 1 and Tier 2 customers in the hand-held mobile device market.

As President, Pease will continue to report to Tom Hart, Chairman and Chief Executive Officer. Pease will be responsible for the day-to-day operation of the business, with Sales, Marketing, Operations and Engineering functions reporting directly to him. Finance, Human Resources/Organizational Development and Systems Architecture functions will also continue reporting directly to Hart, as the CEO.

In making the change, Tom Hart said, “I am very pleased to have Andy take on the responsibilities of being our president. In hiring Andy Pease two years ago, we not only selected a highly talented sales leader, capable of taking our sales activities to a new level in direct support of our transition to a CSSP company, but also purposefully recruited a leader for the future. Andy’s laser focus, attention to detail, process discipline, energy and inspiration has been of significant benefit to our WW Sales teams, and has earned him the respect of peers, customers and partners alike. These talents and leadership capabilities will now be used more broadly within the Company, to drive greater results and growth.

Pease earned a master’s degree in Computer Science from the Naval Postgraduate School in Monterey and a Bachelor’s degree in Operational Analysis from the U.S. Naval Academy.

QuickLogic Announces Fourth Quarter and Fiscal 2008 Results — Fourth Quarter New Product Revenue Up

Tue, 03 Feb 2009 00:00:00 -0600

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the financial results for its fourth quarter and fiscal year ended December 28, 2008.

Total revenue for the fourth quarter of 2008 was $5.9 million, down 5 percent from the third quarter of 2008 and down 45 percent from the fourth quarter of 2007. The sequential decline in revenue was primarily due to anticipated declines in our legacy product revenue. New products – ArcticLink®, PolarPro® II, PolarPro , Eclipse™ II and QuickPCI® II – grew to contribute 26 percent of revenue in the fourth quarter of 2008 compared to 23 percent in the third quarter of 2008 and was 33 percent of revenue in the fourth quarter of 2007.

Under generally accepted accounting principles (GAAP), the net loss for the fourth quarter of 2008 was $2.6 million, or $0.09 per share, compared with a net loss of $615,000, or $0.02 per share, in the third quarter of 2008 and a net loss of $1.7 million, or $0.06 per share, in the fourth quarter of 2007. Non-GAAP net loss for the fourth quarter of 2008 was $1.2 million, or $0.04 per share, compared with a non-GAAP net loss of $196,000, or $0.01 per share, in the third quarter of 2008 and a non-GAAP net loss of $1.1 million, or $0.04 per share, in the fourth quarter of 2007.

Revenue for 2008 was $31.9 million, compared with revenue of $34.4 million in 2007. Under GAAP, the net loss for 2008 was $9.4 million, or $0.32 per share, compared with a net loss of $11.1 million, or $0.38 per share, in 2007. Non-GAAP net loss for 2008 improved to $3.0 million, or $0.10 per share, compared with a non-GAAP net loss of $9.3 million, or $0.32 per share, in 2007.

“New product revenue in our fiscal year 2008 was $8.1 million, a $1.8 million increase over new product revenue in fiscal year 2007. The sale of Customer Specific Standard Products, or CSSPs, into the portable navigation device market was the primary driver of the increase in new product sales,” said E. Thomas Hart, chairman, president and CEO. “Our low power CSSPs allow mobile device manufacturers to bring their new products to market more quickly and cost effectively with lower risk. The CSSP message – ‘Your idea, our platform, customized for you’ – resonates well in our target markets, as we continue to engage with more top tier mobile device manufacturers.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, February 3, 2009, to discuss the fourth quarter and fiscal year financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com/investors. To participate, please call (877) 591-4958 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 7884431. The call recording will be archived until February 6, 2008 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic Announces Q4 and FY2008 Earnings Conference Call

Tue, 20 Jan 2009 00:00:00 -0600

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the company's earnings results for its fourth quarter and fiscal year 2008 on Tuesday, February 3, 2009, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's fourth quarter and fiscal year 2008 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on February 3, 2009. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing 877-591-4958 by 2:20 p.m. Pacific Time on February 3, 2009. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 719-457-0820 and reference the passcode 7884431. The call recording will be archived until February 6th and the webcast will be available for 12 months.

QuickLogic to Present at the 11th Annual Needham Growth Stock Conference in New York

Tue, 23 Dec 2008 00:00:00 -0600

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, will present at the eleventh annual Needham & Company Growth Stock Conference in New York. Mr. E. Thomas Hart, QuickLogic's chairman, president and CEO, will provide an overview of the company's Customer Specific Standard Product (CSSP) strategy, and its impact on the mobile electronics market, including Smartphones, Mobile Internet Devices, Mobile Computing Devices, Pocket Computing Devices, 3G Datacards, Portable Media Players, Portable Navigation Devices, and other prosumer products. Mr. Hart will be joined by Mr. Ralph Marimon, QuickLogic's Vice President of Finance and CFO.

Location: The New York Palace Hotel, 455 Madison Avenue, New York, NY 10022

Time: Tuesday, January 6 at 3:30 p.m., Eastern Time

http://www.wsw.com/webcast/needham27/quik/ (This presentation will be archived for 90 days.)

QuickLogic Showcases Innovative Portable CE Products at Consumer Electronics Show in Las Vegas

Thu, 18 Dec 2008 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the premier supplier of ultra-low power configurable platforms for the mobile consumer market, is demonstrating a host of next-generation consumer electronics (CE) devices based on QuickLogic's Customer Specific Standard Products (CSSP) during the CES show in Las Vegas, Jan 8-11, 2009. The showcase will feature both OEM/ODM end products and CSSP technology demonstrations and highlight the company's proprietary Visual Enhancement Engine (VEE) technology. VEE brings TV-quality visual experience to mobile devices while significantly reducing display system power consumption. The showcase theme: "Seeing is Believing."

CES Featured Demos

A visit to the QuickLogic hospitality suite will reveal the tangible results of designing with the latest QuickLogic CSSP solutions. The innovative products that OEMs and ODMs such as Garmin, HP, and Sophia Systems have delivered to the market include Multimedia Phones, Portable Media Players (PMPs) and Navigation Devices (PNDs), Personal Digital Assistants (PDAs), and Pocket PCs. All have a QuickLogic CSSP inside and will be available for visitors to see for themselves the benefits of the CSSP design approach in solving interface, storage, and display design challenges such as boot from managed NAND and market-specific customization. Visitors will also be able to personally experience the enhanced image quality achieved using QuickLogic's revolutionary VEE technology.

Visitors will find QuickLogic's showcase at the Las Vegas Convention Center, Suite 35357MP. To register for a specific time to visit the private suite and receive personal attention, please call +1-408-990-4000, and ask to schedule an appointment.

QuickLogic Delivers its Visual Enhancement Engine (VEE) with a Qualcomm EBI2 Display Interface

Tue, 02 Dec 2008 00:00:00 -0600

VEE technology improves a user's LCD viewing experience even while reducing backlight power by up to 85%

Integrated EBI2 interface simplifies use of Qualcomm chipsets and smart displays

In response to growing demand for its Visual Enhancement Engine (VEE™) technology among users of Qualcomm chipsets, QuickLogic® Corporation (NASDAQ: QUIK) has developed a proven system block (PSB) for VEE that connects directly to the EBI2. This newly-available PSB simplifies the use of VEE technology with a Qualcomm chipset and a Smart LCD to enhance image viewability and significantly reduce system power. The solution has been developed in collaboration with several handset OEMs and is available today using QuickLogic's Customer Specific Standard Product (CSSP) platforms.

Qualcomm provides handset OEMs and ODMs with solutions for the CDMA, WCDMA (UMTS), and HSPA markets. According to market researcher iSuppli, demand for these handsets will exceed 550 million units in 2009 and nearly 650 million units in 2010. The VEE technology improves the multimedia user experience in these handsets by adaptively enhancing image content for optimum display on a mobile LCD, even while dramatically increasing battery life. The core of the VEE technology is based on the proven iridix® core licensed from Apical Limited, which is substantiated by nearly a decade of scientific research.

Unlike typical global enhancement algorithms such as gamma correction, VEE is context sensitive and adapts on a pixel-by-pixel basis. The technology also adapts to the effects of ambient lighting on display viewability, giving developers an alternative to simply boosting backlight intensity levels for bright, daylight viewing - a common use case in the handset industry. The result is a savings in power with a corresponding extension of battery life.

The EBI2 PSB extracts image data from bus transactions intended for a Smart Display, interprets and enhances the image content, then passes the enhanced data on to the display device as EBI2 bus transactions. The entire operation is transparent to the system, allowing the VEE-enabled CSSP to simply drop into the system design between the Qualcomm chipset and display.

The EBI2 PSB was developed based on strong market demand for VEE-enabled CSSPs to connect directly to Qualcomm's smart display interface. "This new PSB demonstrates the versatility of the programmable fabric in our CSSP platforms," said QuickLogic's Vice President, Worldwide Marketing, Brian Faith. "We were able to quickly respond to customer demand by creating a tailored CSSP, the first of its kind for the Qualcomm platform."

Availability

VEE-enabled CSSPs targeting use in Qualcomm-based designs are available immediately.

QuickLogic Announces Third Quarter Fiscal 2008 Results — Operational Realignment Improves Financial Results

Thu, 23 Oct 2008 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the financial results for its fiscal third quarter ended September 28, 2008.

Total revenue for the third quarter of 2008 of $6.2 million was at the high end of the Company’s revenue guidance, while being down 29 percent from the second quarter of 2008 and down 31 percent from the third quarter of 2007. The sequential decline in revenue was primarily due to anticipated declines in end-of-life product revenue. New product revenue also decreased in the third quarter, as anticipated, due to the product line of a large consumer OEM nearing the end of its expected product life. The year-on-year decrease in revenue was primarily due to a decline in end-of-life product revenue.

Under generally accepted accounting principles (GAAP), the net loss for the third quarter of 2008 improved to $615,000, or $0.02 per share, compared with a net loss of $4.7 million, or $0.16 per share, in the second quarter of 2008 and a net loss of $1.5 million, or $0.05 per share, in the third quarter of 2007. Gross margin increased to 55.4% for the third quarter of 2008 compared with 36.8% for the second quarter of 2008 and 52.2% for the third quarter of 2007.

On a non-GAAP basis, the net loss for the third quarter of 2008 improved to $196,000, or $0.01 per share, compared with a net loss of $929,000, or $0.03 per share, in the second quarter of 2008 and a net loss of $1.0 million, or $0.04 per share, in the third quarter of 2007. Gross margin, on a non-GAAP basis, increased to 56.7% for the third quarter of 2008 compared with 55.7% for the second quarter of 2008 and 53.0% for the third quarter of 2007.

“Our third quarter results demonstrated the benefits of our recently completed operational realignment,” said E. Thomas Hart, chairman, president and CEO. “We had a 36% reduction in our non-GAAP operating expenses compared with the second quarter and our ending cash was essentially unchanged from the prior quarter. We are encouraged by the continued growth of customer design activity for our CSSP solutions and that the operational realignment gives us the agility to drive future revenue growth.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, October 23, 2008, to discuss the third quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To participate, please call (877) 397-0297 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 or (888) 203-1112 and reference the pass code: 4545787. The call recording will be archived until October 30, 2008 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with GAAP, but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company excludes charges related to stock-based compensation, restructuring, long-lived asset impairment, the write-down of the Company’s investment in Tower Semiconductor Ltd. and the effect of the write-off of equipment in calculating non-GAAP (i) income (loss) from operations, (ii) net income (loss), (iii) net income (loss) per share, and (iv) gross margin percentage. For a full reconciliation of these GAAP measures to non-GAAP measures, please refer to the schedule on pages 5 and 6 of this press release. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry.
Management uses the non-GAAP measures, which exclude gains, losses and other charges that are considered by management to be outside of the Company’s core operating results, internally to evaluate its operating performance against results in prior periods and its operating plans and forecasts. In addition, the non-GAAP measures are used to plan for the Company’s future periods, and serve as a basis for the allocation of Company resources, management of operations and the measurement of profit-dependent cash and equity compensation paid to employees and executive officers.

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP financial measures to non-GAAP financial measures is included on pages 5 and 6 of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures with their most directly comparable GAAP financial measures.

QuickLogic to Present at AeA Classic Financial Conference November 4-5 in San Diego

Wed, 22 Oct 2008 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, will present at the AeA Classic Financial Conference in San Diego, California on November 4th and 5th. Mr. E. Thomas Hart, QuickLogic's chairman, president and CEO, will provide an overview of the company's Customer Specific Standard Product (CSSP) strategy, and its impact on the mobile electronics market, including Smartphones, Portable Media Players, Portable Navigation Devices, Broadband Datacards, Personal Digital Assistants, Pocket PCs, and other prosumer products. Mr. Hart will be joined by Mr. Ralph Marimon, QuickLogic's new Vice President of Finance and incoming Chief Financial Officer.

Date/Time: Tuesday, November 4 from 2:00 p.m. to 5:45 p.m. Pacific time, and Wednesday, November 5 from 8:00 a.m. to 12:45 p.m. Pacific time. (There will be a total of nine 45 minute presentations.)

Location: Manchester Grand Hyatt - San Diego, California

Webcast: A live Webcast of QuickLogic's presentation may be accessed at the Company's corporate Web site (Investor Relations Link), at http://www.quicklogic.com at 2:00 p.m. PST on November 4th, 2008. Access to the replay will be available one hour after the webcast and continuing for approximately 90 days.

QuickLogic Taps Ralph S. Marimon as Vice President, Finance and Chief Financial Officer

Tue, 14 Oct 2008 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that Ralph S. Marimon has joined the company as Vice President, Finance. Mr. Marimon will be named Chief Financial Officer of the company on November 10, 2008, after a short transition period. With an impressive financial and operations background spanning more than 20 years in Silicon Valley, Mr. Marimon will be responsible for providing executive leadership for the company's finance and accounting activities.

Mr. Marimon comes to QuickLogic from Anchor Bay Technologies, Inc., a VC-funded fabless semiconductor company that designs and produces advanced video processing chips and systems. As Vice President, Finance & CFO, he was responsible for all financial, accounting, IT, facilities and human resources activities, and was successful in completing a $10,000,000 Series B funding round. Prior to Anchor Bay he was at Tymphany Corporation, a provider of innovative audio transducers, where he was the Vice President of Finance and Administration and Chief Financial Officer. During his tenure, he successfully led the post-acquisition financial and administrative integration of operations acquired by the company in the United States, Denmark, and China. Prior to that, as Vice President and CFO of Scientific Technologies, Inc., he developed and managed the Sarbanes-Oxley Act compliance program. In addition, he held the position of Vice President and CFO at Com21 Corporation, where he led the financial due diligence and integration for two acquisitions. Prior to Com21, he was at KLA-Tencor Corporation for 11 years in a variety of senior executive financial management positions. Mr. Marimon began his career with National Semiconductor Corporation. He holds a Master of Management degree in Finance and Accounting from Northwestern University and a Bachelor of Arts in Economics from the University of California, Los Angeles.

In announcing Mr. Marimon's appointment, Tom Hart, Chairman, President and CEO, commented "We are delighted to welcome Ralph to the QuickLogic Executive Leadership Team. His demonstrated strength and experience in providing financial leadership and strategic direction across the semiconductor and hi-tech sectors, coupled with his ability to build strong, efficient finance teams is a key to enable us to continue the successful, pioneering implementation of our innovative Customer Specific Standard Product (CSSP) strategy."

QuickLogic Announces Second Quarter Fiscal 2008 Results — CSSP Customer Design Activity Gains Momentum

Wed, 23 Jul 2008 00:00:00 -0500

Strong Response to VEE™ Technology Launch in Asia Pacific

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the financial results for its fiscal second quarter ended June 29, 2008.

Total revenue for the second quarter of 2008 was $8.7 million, down 21 percent from the first quarter of 2008 and up four percent from the second quarter of 2007. The sequential decline in revenue was primarily due to lower end-of-life product revenue. The year-on-year increase in revenue was primarily due to a $2.0 million increase in new product revenue partially offset by a decline in end-of-life product revenue.

Under generally accepted accounting principles (GAAP), the net loss for the second quarter of 2008 was $4.7 million, or $0.16 per share. The second quarter net loss includes previously announced long-lived asset impairment charges of $2.0 million associated with reduced new product revenue visibility and lower utilization of licensed EDA software, restructuring costs of $452,000 associated with our operational realignment and $417,000 for the write-down of our equity investment in Tower Semiconductor Ltd. Collectively these charges totaled $2.9 million, or $0.10 per share, and lowered our gross margin by 17.7 percent of revenue. Our second quarter net loss of $4.7 million compares with a net loss of $1.4 million, or $0.05 per share, in the first quarter of 2008 and a net loss of $2.1 million, or $0.07 per share, in the second quarter of 2007.

On a non-GAAP basis, the net loss for the second quarter of 2008 was $929,000, or $0.03 per share, compared with a net loss of $712,000, or $0.02 per share, in the first quarter of 2008 and a net loss of $1.7 million, or $0.06 per share, in the second quarter of 2007. Gross margin, on a non-GAAP basis, was 55.7% for the second quarter of 2008 compared with 52.9% for the first quarter of 2008 and 53.3% for the second quarter of 2007.

“Our results were in line with or better than our guidance for the second quarter, and new product revenue was toward the high end of guidance for the quarter,” said E. Thomas Hart, chairman, president and CEO. “We are encouraged by the continued growth of customer design activity for our CSSP solutions and the response in Asia Pacific to our Visual Enhancement Engine (VEE) technology launch. During the second quarter we realigned our Company based on expected declines in end-of-life product revenue and limited visibility of new product revenue. This alignment significantly lowers our break-even revenue level while providing us with the capability to use discretionary spending to respond to specific customer opportunities.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, July 23, 2008, to discuss the second quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com. To participate, please call (877) 675-4757 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 7654670. The call recording will be archived until July 30, 2008 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP financial measures to non-GAAP financial measures is included on pages 5 and 6 of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures with their most directly comparable GAAP financial measures.

QuickLogic Announces Q2 Earnings Conference Call

Mon, 14 Jul 2008 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the company's earnings results for its second quarter on Wednesday, July 23, 2008, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic Corporation will issue a news release announcing the Company's second quarter 2008 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on July 23, 2008. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 675-4757 by 2:20 p.m. Pacific Time on July 23, 2008. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode 7654670. The call recording will be archived until Wednesday, July 30th, 2008 and the webcast will be available for 12 months.

QuickLogic’s CSSP Platform Provides Flexible Upgrade Path for Smartphones

Mon, 07 Jul 2008 00:00:00 -0500

Underscoring its commitment to the mobile electronics market, QuickLogic® Corporation (NASDAQ: QUIK), today announced the availability of a versatile upgrade path for smartphone developers. The company's recent addition of high-speed UARTs to the library of functions for QuickLogic's low-power, configurable Customer Specific Standard Product (CSSP) logic platforms for consumer electronics, offers a power-efficient single-chip solution to expand the interfacing capability of a mobile application processor to support high-data rate Bluetooth, as well as the integration of further high-desirability peripherals such as GPS.

Smartphone firmware can be very sophisticated, and migrating software to new host processors can be costly and time consuming. Unfortunately, the development of some of the underlying mobile application processors has not kept pace with market demand for new features such as VoIP calls and GPS. In particular, some processors have only low-speed UARTs, and just one SD (Secure Digital) host controller for peripheral connection.

Faster UART performance is a common request seen by QuickLogic. The standard UART capability integrated into some recent mobile application processors is a major limiting factor, as they tend to conform to the traditional UART role of low data-rate serial communication for applications such as a PC serial port. This is a particular problem for developers who need to support the latest high-speed EDR (enhanced data rate) mode of Bluetooth - a very important function for phones targeting business and high-end users.

Smartphones are also leading the cellular carriers' drive towards supporting major new capabilities such as GPS positioning, location based services, and Wi-Fi capability for VoIP calls, etc. A high speed UART again provides a suitable mechanism for interfacing to some GPS chipsets, while another SDIO port offers a simple means of connecting to embedded Wi-Fi chipsets.

One of QuickLogic's CSSPs, the PolarPro platform, is providing smart phone developers with a means of expanding the native host controller resources of the phone's mobile application processor. One of the smallest devices in the family, which consumes less than 10 microamps in standby mode and comes in TFBGA packages as compact as 5x5 mm, can easily integrate two high speed UARTs and an additional SDIO port, as well as the processor interface required.

This CSSP approach provides a low power, single-chip solution that contrasts well against alternative implementation strategies. There are commercial devices available for additional SDIO host controllers, or devices offering multiple high-speed UARTs, but using both would eat up valuable real estate on an already densely packed PCB. Migrating to another state-of-the-art processor is always an alternative, but this demands a major investment in software porting effort, as well as time. Conventional logic could also implement the functionality required, but this technology is generally viewed as too power hungry and costly for consumer applications such as this.

"Expanding the functionality of smartphones is typical of the applications that the novel CSSP approach supports," says QuickLogic's senior solutions marketing manager, Howard Li. "Power efficient devices can be populated with a small feature set such as this UART-and-SDIO example, or a wide range of high-level capabilities such as USB OTG, dynamic LCD contrast control, flexible memory interfacing, autonomous data transfer engines that can operate without waking up the host CPU, etc. CSSPs really provide the 'missing link' in today's consumer semiconductor world, offering a mechanism that can expand the capabilities of ASSPs or CPUs both cost effectively and with very low power consumption."

The first platform in QuickLogic's latest PolarPro II family offers a capacity of 27 Customizable Building Blocks (CBBs), a measure of the level of functionality that can be integrated. A high-speed UART from QuickLogic's library requires 5 CBBs, and an SDIO port, 15. Together with the logic required to implement an application processor interface, this device provides a cost effective solution for the smartphone configuration discussed. Other, larger PolarPro platforms are available for OEMs and ODMs that require more functionality, as well as devices that combine hard-wired functions with a programmable fabric.

Tower Semiconductor to Launch Volume Production of QuickLogic’s ArcticLink II VX Solution Platforms for Mobile Display Devices

Mon, 30 Jun 2008 00:00:00 -0500

Visual Enhancement Engine (VEE) enables next generation multimedia in mobile devices

Low power technology leadership enables longer battery life for battery powered, portable market.

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, and Tower Semiconductor Ltd. (NASDAQ: TSEM, TASE: TSEM), an independent specialty foundry, announced today that they entered into an agreement to manufacture volume production of QuickLogic's next-generation ArcticLink II VX solution platforms, expected to start during Q3 2008. These products are manufactured at Tower's advanced Fab2.

With low power and high performance, the solution platforms enable fast time-to-market, longer time in market, efficient product development through platform designs, dramatically improved visual experience for mobile internet and streaming video applications, small form factor, energy efficiency and low total cost of ownership.

"We are happy that QuickLogic's lead in low power programmable solutions is to be further strengthened through these new products," said Dr. Itzhak Edrei, senior vice president for worldwide product lines and sales at Tower Semiconductor, Ltd. "QuickLogic's high-quality of products is to be complemented by Tower's excellence in engineering and manufacturing execution, and we expect our volumes to reflect the rapid growth path forecasted for this market segment."

The newest members of the ArcticLink II family of solution platforms feature QuickLogic's proprietary Visual Enhancement Engine (VEE) technology. The proprietary VEE technology provides high quality contrast optimization and more effective management and control of LCD backlight power for a wide range of mobile consumer and prosumer devices. It specifically addresses the mobile industry's need to provide consumers with a TV-quality viewing experience while extending battery life at the same time.

"QuickLogic has a long-standing relationship with Tower Semiconductor," says Terry Barrette, vice president of operations for QuickLogic. "Tower's world-class manufacturing process geometries and low power technology, ensures that QuickLogic will reach optimal pricing targets, resulting in savings that can be passed down to our OEMs and ODMs, as well as longer battery life for their products."

QuickLogic’s ArcticLink Platform Now Available in Wafer-Level Chip Scale Packaging

Wed, 28 May 2008 00:00:00 -0500

Significantly reduces board space requirement for mobile applications

60% reduction in foot print compared to the smallest ArcticLink BGA package

Continuing its commitment to addressing the needs of the mobile device market, QuickLogic® Corporation (NASDAQ: QUIK), has made its ArcticLink^TM Customer Specific Standard Product (CSSP) platform available in a tiny Wafer Level Chip Scale Package (WLCSP). The ArcticLink platform family addresses the connectivity needs of mobile devices by offering, in a single device, an array of configurable interfaces and host controllers, including hi-speed USB OTG with built-in PHY, storage and networking I/Os and controllers such as SDIO, MMC, CE-ATA, mini-PCI, Compact Flash and SPI/UART, etc. The newly-available WLCSP option helps minimize mobile device design size needed to augment processor interfaces and functionality.

"As mobile devices grow in complexity, designers are hard pressed to pack additional functionality and intelligence into smaller footprints," said QuickLogic's senior solutions marketing manager, Howard Li. "By delivering our ArcticLink CSSP platform in WLCSP form, we allow handset OEMs and ODMs to address all their connectivity needs in the smallest possible area."

WLCSP eliminates the area overhead of conventional BGA packaging and it is done with a standard die by fabricating an additional metal redistribution layer to re-route the I/O lines from the perimeter bonding pads to an array. It then "bumps" (adds solder balls to) the array, making it ready for customers to use in conventional surface-mount fabrication processes.

Availability

The WLCSP packaging option is immediately available for QuickLogic's ArcticLink CSSP platform family.

A Visual Enhancement Engine (VEE) Evaluation Module from QuickLogic — An Easy Way to “Seeing is Believing”

Fri, 16 May 2008 00:00:00 -0500

VEE Evaluation Module seamlessly integrates into the display path of handheld and portable electronics without modification to existing architecture

Enables development teams to test-drive VEE in their own form factor with their own displays

Includes sensor and control for automatic adaptation to ambient lighting changes

QuickLogic Corporation (NASDAQ: QUIK), the premier supplier of ultra-low power configurable platforms for the mobile market, has developed an evaluation module for its Visual Enhancement Engine (VEE) technology that allows OEMs and ODMs to see first-hand the benefits the technology can bring to their mobile devices, both in terms of revolutionary image enhancement and battery life savings. The module comes with both pre-configured mobile processor and Liquid Crystal Display (LCD) interfaces that enable easy insertion into an existing handheld device so that developers can evaluate the technology in a real-world setting without making any significant engineering investment.

QuickLogic's VEE technology creates a TV-quality viewing experience of visual media in mobile systems by adaptively enhancing image/video data in real time. Unlike typical global enhancements such as gamma correction and content adaptive backlight control (CABC), VEE's enhancements are context sensitive and adapt pixel by pixel. The technology adapts to changes in ambient light, giving developers an alternative to simply boosting the backlight intensity level for daylight viewing.

"Our VEE technology delivers a significant impact in terms of a superlative viewing experience and battery lifetime extension in mobile systems," said Howard Li, Senior Solution Marketing Manager for QuickLogic. "We developed this evaluation module so our customers could see VEE in action while not spending precious time and R&D dollars to build prototype systems." Delivered as a pre-configured Customer Specific Standard Product (CSSP), the module is designed to fit seamlessly between the LCD and the main PCB. "OEMs and ODMs can then ‘test-drive' the technology in their labs, demonstrate it to carriers and network operators, and even to consumers," said Li.

The VEE Evaluation Module incorporates an on-board ambient light sensor to allow testing of the technology's ambient lighting response and adaptive control of the VEE image processing algorithm. It also includes a Flash ROM to hold the VEE parameters that configure the CSSP for the specific LCD that it is connected to. An on-board switching regulator ensures that the module can run off the mobile device's battery, regardless of operating voltage, enabling the evaluation of VEE's positive impact on battery life.

Availability

The VEE Evaluation Module is immediately available for customers considering adoption of VEE technology in their mobile designs. Furthermore, QuickLogic will configure the VEE Evaluation Module's initial display parameters based on the OEM/ODM LCD display specifications for easy integration.

QuickLogic Enhances SDIO Host Controller Solution to Handle Multiple Cards, Mixed Sizes

Mon, 12 May 2008 00:00:00 -0500

Enables four or more memory cards - each with multi-Gigabyte capacity

Allows users to mix and match card types and capacity as desired

Continuing its commitment to the mobile device market, QuickLogic® Corporation (NASDAQ: QUIK), has enhanced its proven SDIO host controller solution by providing it with the ability to handle multiple, independent memory cards. The enhanced host controller solution is a Proven System Block (PSB) of the company's Customer Specific Standard Product (CSSP) solutions platform library, addressing the needs of handheld system designs. The first delivered implementation handles four independent cards, but the company can configure the PSB for as many card slots as a customer requires.

"Handheld device designers are looking to expand their product's data storage beyond the 8 Gbyte limit of today's memory cards, but don't want to use hard disk drives," said Judd Heape, QuickLogic's senior director of systems engineering. "Our enhanced SDIO host controller solution addresses this requirement by allowing a single controller to handle multiple, high-capacity cards." Target applications include storage for personal navigation devices and portable media players.

The base SDIO controller supports SD, SDHC, and MMC memory cards with 4-bit and 8-bit widths. The enhanced design includes multi-drive control logic and a multiplexer to connect the controller to multiple cards using a single set of I/O lines. Cards can be of any capacity to as large as the 32 Gbytes that the SD 2.0 specification allows. Mr. Heape pointed out that this would permit a four-card implementation to give a portable device up to 128 Gbytes of storage, comparable to mini hard drives but with the reliability and flexibility advantages of removable solid state memory.

Because the controller treats each card slot as an independent solid state drive, users can mix card types and capacities in the slots without restriction. The controller can work with multiple cards as described, or can work with SD-based Managed NAND devices (such as Sandisk’s iNAND) and work with embedded MMC (eMMC) devices such as Samsung’s MoviNAND. It senses the type and capacity of a card (or attached memory device) upon insertion (or power-up) and automatically configures its operation to match. The controller can also be modified so that one card or attached memory device can be designated as the “boot” device in a system. Software driver support for Linux, Windows CE, and Windows Mobile operating systems is available.

Availability

QuickLogic’s enhanced SDIO host controller PSB is available immediately in a 4-slot configuration and can be customized for other configurations as needed. The PSB can be implemented in the programmable fabric in the PolarPro and EclipseII CSSP platforms or can augment the base SDIO controller built into the ArcticLink CSSP family to provide multi-slot operation. Contact QuickLogic for additional information on the multi-slot SDIO controller PSB and the CSSP platform design approach.

QuickLogic Supplying Engineering Samples of PolarPro II CSSP Solution Platform

Mon, 28 Apr 2008 00:00:00 -0500

Small form factor platform housed in a 6mmx6mm BGA package for handheld mobile devices

I/O structure is highly optimized specifically for mobile applications

QuickLogic Corporation (NASDAQ: QUIK), the premier supplier of ultra low power configurable platforms for the mobile consumer market, now offers engineering samples of its next-generation PolarPro® II Customer Specific Standard Product (CSSP) solution platform. This latest addition to the popular PolarPro line is specifically designed to meet the connectivity, intelligence, and system logic requirements of portable and mobile applications.

The PolarPro II solution platform builds on the award-wining PolarPro architecture with increased capacity and flexibility. Based on QuickLogic's patented ViaLink® technology, PolarPro II offers small foot print packages and ultra low power consumption. The Very Low Power (VLP) mode freezes system operation, during which the static current drops to less than 5 microamps. Entry and exit from the VLP mode are as fast as 10 microseconds, allowing systems to conserve energy by shutting down in between bursts of activity.

Availability

QuickLogic now provides CSSPs by implementing Proven System Blocks (PSB) in a base silicon platform, such as PolarPro II or ArcticLink^TM. CSSPs then serve to meet the specific design requirements of each OEM/ODM. The end result is a fully tested, customized device, along with the necessary software drivers for the host operating system. CSSP customers utilizing the PolarPro II solution platform are now able to receive engineering samples of their CSSP designs for evaluation and system prototyping.

QuickLogic Appoints Mike Farese, Mobile Market Veteran, to Board of Directors

Fri, 25 Apr 2008 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the appointment of Michael ("Mike") R. Farese, president and CEO of BitWave Semiconductor, Inc., to QuickLogic's board of directors.

Mr. Farese has over 35 years of broad technology company leadership encompassing three chief executive officer positions, and functional leadership in marketing, engineering, sales management and operations. Since September of 2007, Mr. Farese has been the president and CEO of BitWave Semiconductor, a fabless semiconductor company and innovator of software programmable radios designed for the wireless markets.

Prior to joining BitWave Semiconductor, Mr. Farese was Senior Vice President of Engineering for Palm, Inc., where he was responsible for product engineering, and product development with ODM partners. While at Palm, he led the engineering efforts that resulted in the introduction of the Treo 680, Treo 700, and Treo 750 smartphones. Before joining Palm in 2005, he was the president and CEO and board member of WJ Communications. He has also held senior management positions at Motorola, Ericsson Inc., Nokia Inc., and IT&T Corp. and is a board member of PMC-Sierra. Mr. Farese has a Ph.D. in Electrical Engineering from Rensselaer Polytechnic Institute, an M.S. in Electrical Engineering from Princeton University and a B.S. in Electrical Engineering from Rensselaer Polytechnic Institute.

"Mike's extensive background and wealth of knowledge in consumer products and converged devices, especially cellular smartphones, makes him an ideal candidate for QuickLogic's board," said E. Thomas Hart, QuickLogic's chairman, president and CEO. "We are excited that Mike is joining the board. His insight and experience will be very valuable in helping guide QuickLogic as we further expand into our focus mobile markets of smartphones, portable media players, portable navigation devices, mobile internet devices and broadband data cards."

QuickLogic Announces Fiscal 2008 First Quarter Results — VEE™ Rapidly Gaining Design Traction

Thu, 24 Apr 2008 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, today announced the financial results for its fiscal first quarter ended March 30, 2008.

Total revenue for the first quarter of 2008 was $11.0 million, up three percent from the fourth quarter of 2007 and up 77 percent from the first quarter of 2007. The sequential growth in revenue was primarily due to higher end-of-life and mature product revenue; this growth was partially offset by a decline in new product revenue. Revenue from new products, mature products and end-of-life products each increased significantly compared to the first quarter of 2007.

Under generally accepted accounting principles (GAAP), the net loss for the first quarter of 2008 was $1.4 million, or $0.05 per share, compared with a net loss of $1.7 million, or $0.06 per share, in the fourth quarter of 2007 and a net loss of $5.9 million, or $0.20 per share, in the first quarter of 2007. Non-GAAP net loss for the first quarter of 2008 was $712,000, or $0.02 per share, compared with a non-GAAP net loss of $1.1 million, or $0.04 per share, in the fourth quarter of 2007 and a non-GAAP net loss of $5.5 million, or $0.19 per share, in the first quarter of 2007.

QuickLogic reports certain financial measures, including net loss, in accordance with GAAP and also on a non-GAAP basis. Non-GAAP results, where applicable, exclude stock-based compensation recorded in accordance with Statement of Financial Accounting Standards (SFAS) No. 123(R), "Share-based Payment" and the write-off of long-lived assets. For a full reconciliation of GAAP net loss to non-GAAP net loss, please refer to the schedule on page 5 of this press release."

Our results were in line with or better than our guidance for the first quarter, and new product revenue, while down sequentially, was at the high end of our guidance for the quarter," said E. Thomas Hart, chairman, president and CEO. "During the first quarter we launched our Visual Enhancement Engine, or VEE, which addresses the mobile market's need to provide users with a vastly improved user viewing experience even while significantly extending battery life. Top customers, in our target markets, see VEE as a clear way to differentiate their products as video moves into hand-held, battery-powered prosumer products."

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, April 24, 2008, to discuss the first quarter financial results. The conference call is being webcast and can be accessed via QuickLogic's website at www.quicklogic.com. To participate, please call (877) 548-7911 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 4474570. The call recording will be archived until May 1, 2008 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic Announces Q1 Earnings Conference Call

Thu, 17 Apr 2008 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal first quarter on Thursday, April 24, 2008, at 2:30 p.m. Pacific Daylight Time / 5:30 p.m. Eastern Daylight Time.

QuickLogic Corporation will issue a news release announcing the Company's first quarter 2008 earnings results at approximately 1:00 p.m. Pacific Daylight Time / 4:00 p.m. Eastern Daylight Time on April 24, 2008. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 548-7911 by 2:20 p.m. Pacific Time on April 24, 2008. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode 4474570. The call recording will be archived until Thursday May 1st, 2008 and the webcast will be available for 12 months.

QuickLogic’s ArcticLink Solution Platform Earns Prestigious Portable Design 2008 Editor’s Choice Award

Wed, 16 Apr 2008 00:00:00 -0500

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that its popular ArcticLink™ solution platform has been named a winner in the 2008 Editor’s Choice Awards by Portable Design magazine. This year’s winners were chosen after reviewing thousands of product submissions.

The Portable Design Editor’s Choice Award underscores the importance of integrating programmable fabric and hardwired Proven System Blocks (PSBs) such as USB 2.0 High Speed OTG with PHY or ULPI interfaces, SD/MMC/SDIO, and CE-ATA into a single platform. “We’re honored that Portable Design Magazine has recognized the contribution that the ArcticLink solution platform makes to the portable handheld electronics market,” said Brian Faith, Vice President of Solutions Marketing for QuickLogic. “Design teams are continually challenged with developing new products based on ever changing requirements, driven from the diverse consumer demographics of varying geographies, operators and retail chains. The ArcticLink platform’s hardwired PSBs and the programmable fabric provide the foundation for QuickLogic’s system engineering teams – to quickly deliver Customer Specific Standard Products (CSSPs) to our customers.”

About ArcticLink

The ArcticLink solution platform combines hardwired blocks with an embedded ultra-low power programmable fabric block, all in a single-chip solution. The fact that the ArcticLink solution platform is a standard product, allows QuickLogic’s system engineers to use it as the starting point for delivering CSSPs that address the user experience, connectivity and battery life issues in portable consumer electronics today.

QuickLogic and Sital Partner in Developing Core for MIL-STD-1553

Mon, 14 Apr 2008 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, is expanding its commitment to its military customer base by partnering with Israel-based avionics technology leader Sital Technology to optimize Sital's MIL-STD-1553 controller design for QuickLogic's ViaLink® programmable fabric. The MIL-STD-1553 bus is used in military and avionics applications such as heads-up displays, radar, and weapons systems. The controller design will become part of QuickLogic's Proven System Block (PSB) library for militarygrade solutions using the PolarPro® family of programmable platforms.

The MIL-STD-1553 PSB manages all the communications on the bus to and from an attached device. The PSB can act as a bus controller, remote terminal, or monitor terminal interface to the bus, and offers a choice of interfaces on the back end. The PSB can provide compatibility with older chipsets that have interfaces targeting legacy controllers, replacing the legacy device in an existing design without requiring any software changes. For new designs a simpler, streamlined interface is available, allowing communications over the bus simply by reading and writing registers.

"Our long-standing military customers are looking for proven MIL-STD-1553 solutions that provide cost-effective flexibility with the long product lifecycles required by their market," said Mehul Kochar, Business Development Manager at QuickLogic. "We chose to work with Sital for their expertise in these solutions and because their optimized PSB designed with flexibility in mind."

"We are excited to be working with QuickLogic to make our technology more available to the US market," adds Sital Marketing Director Duli Yariv. "Optimizing our design into a PSB for QuickLogic's programmable fabric will help give a long life to military and civil aerospace designs by removing the risk of parts becoming obsolete as technology changes." The partnership includes development of the PSB and will support interface customization for unique designs when needed.

Availability

The MIL-STD-1553 interface PSB will be available for QuickLogic's PolarPro family of solution platforms in Q3, 2008. PolarPro platforms are already available with full military temperature, shock, and vibration rating. For more information, go to QuickLogic's web site, www.quicklogic.com.

QuickLogic Appoints Paul McWilliams from Next Inning Technology Research to Advisory Board

Thu, 03 Apr 2008 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, today announced that it is pleased to appoint Paul McWilliams to its advisory board to provide additional insight and help guide the growth and development of its Customer Specific Standard Product (CSSP) platforms.

Mr. McWilliams has over 20 years of experience in the semiconductor industry where he has represented companies such as 3M, Altera, Cypress Semi, Linear Technology, LSI Logic, Plessy PLC, Power-One, Qualcomm VLSI Division, Siliconix and SMOS. In 2002 he co-founded and is currently the editor of Next Inning Technology Research, a financial newsletter designed to help subscribers understand and leverage the opportunities available in the rapidly changing technology market. In 2000, SmartMoney Magazine listed Mr. McWilliams as one of the 30 most influential people in the world of investing. Mr. McWilliams is frequently a featured speaker at corporate technology events, including the Gilder/Forbes Telecosm conferences, where he will be taking the stage again this year.

"Paul is one of the semiconductor industry's most respected analysts and marketing consultants," said E. Thomas Hart, chairman, president and CEO of QuickLogic. "His extensive experience in studying the business models of hundreds of technology companies will serve us well as we continue to grow and expand in the portable consumer markets with our CSSP strategy."

QuickLogic to Present at the Smartphone Summit at CTIA Wireless 2008 in Las Vegas

Wed, 26 Mar 2008 00:00:00 -0500

Underscoring its commitment to the mobile electronics market, QuickLogic Corporation (NASDAQ:QUIK), today announced that it will be presenting at a key technical session at the Smartphone Summit conference, held in conjunction with CTIA Wireless 2008 in Las Vegas. Howard Li, Senior Platform Marketing Manager for QuickLogic, will present "Better Visual Experience with Longer Battery Life - Nirvana of Multimedia Phones." This presentation will be offered at the "Smartphone Power Solutions - Bridging the Power Gap" session on March 31, 2008.

Location: Las Vegas Convention Center, Room: N117

Time: Monday, March 31 from 11:00 a.m. to 12:00 p.m., Pacific Time

Mr. Li will discuss the role of enhanced video and imaging in mobile multimedia devices, and the industry's significant challenge in providing consumers with a TV-quality viewing experience while extending battery life at the same time. He will present an overview of QuickLogic's proprietary Video Enhancement Engine (VEE™) technology and how it solves these challenges under both low backlight or in bright ambient light conditions.

QuickLogic Speeds Hard Disk Drive Transfers with New Proven System Block

Tue, 25 Mar 2008 00:00:00 -0500

UDMA Block Quadruples Performance of Reading Data From an HDD Using the Parallel ATA Interface

Continuing its commitment to the mobile device market, QuickLogic Corporation (NASDAQ:QUIK), has developed an UltraDMA (UDMA) system block for its Customer Specific Standard Product (CSSP) platforms. Created in conjunction with CSSP customers, the UDMA block speeds data transfers to mass storage while reducing system power requirements.

The UDMA Proven System Block (PSB) adds to QuickLogic's suite of hard disk drive (HDD) interface blocks for the company's CSSP platforms, including PolarPro and ArcticLink. The UDMA block quadruples the speed of parallel-ATA data transfers from 16 Mbytes/sec to 66 Mbytes/sec. It works in ATA/ATAPI-5 modes as well as multi-word DMA and PIO modes, and includes driver software for the Linux operating system. Development of a Windows CE based software driver is also planned for release.

"The performance enhancement that the new UDMA PSB gives our ATA interface will support the design of mobile devices that stream movies from a hard disk drive," said QuickLogic's Principal Architect and Senior Director of Systems Engineering, Judd Heape. "Designers can also translate this performance increase into power savings by putting the HDD into a low-power sleep mode in between data transfers. The higher transfer speed means that the HDD spends more time asleep."

QuickLogic's development of the UDMA PSB arose as the result of working with a customer on creation of a CSSP for a wireless HDD product. "The customer wanted to make sure the actual data transfer rate between the HDD and the QuickLogic supplied USB High-speed On-the-Go (OTG) interface port was as fast as possible, at least 200 Mbits/second," said Heape.

"QuickLogic worked very closely with the customer and jointly defined the system architecture to create this block which led to exceed their performance expectations. This solution highlights QuickLogic's complete approach to fulfilling customer needs and how QuickLogic can successfully work directly with customers to create and combine PSBs to address their most challenging requirements." The UDMA PSB is available immediately as part of QuickLogic's CSSP support package.

QuickLogic Launches Visual Enhancement Engine (VEE) to Enable Next Generation Mobile Multimedia Experiences

Mon, 10 Mar 2008 00:00:00 -0500

VEE™ Technology greatly enhances image and video quality while drastically reducing required LCD backlight power

Core technology based on proven and multi-patented iridix® imaging core from Apical Limited

In its most dramatic release to date, QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, today announced the Visual Enhancement Engine (VEE) to enable next generation multimedia products. The proprietary VEE technology provides high quality contrast optimization for a wide range of mobile consumer and prosumer devices. It specifically addresses the mobile industry's need to provide consumers with a TV-quality viewing experience while extending battery life at the same time.

In order to deliver a power-efficient, yet flexible solution for the multitude of use cases, application and baseband processors and LCD displays, QuickLogic and Apical Limited partnered to architect and develop the optimal blend of Apical algorithms with QuickLogic's video enhancement algorithms and patented ViaLink® programmable fabric for mobile and portable multimedia products. The core of the VEE technology is based on the proven iridix algorithm licensed from Apical Limited, developed by scientists from the ground up to model the methods that the human eye uses to adapt viewed scenes and images to changing ambient light conditions.

"Multimedia capabilities have become the key selection criteria for mobile devices because they are core to the user experience," says QuickLogic's Vice President of Solutions Marketing Brian Faith. "Apple's success with the iPhone has prompted the entire mobile device value chain into finding novel ways of enhancing the visual experience of the consumer. Mobile Liquid Crystal Displays (LCDs) provide only limited contrast, easily washing out images in bright ambient light or with sunlight reflections. The traditional response to resolve this problem has been to increase the LCD backlight, but that has a negative effect on battery life. The VEE technology provides a best-in-class alternative to this approach, providing both visual enhancement and improved battery life at the same time for the use cases most critical to mobile products being launched now and in the coming years."

By intelligently re-mapping display data to enhance sub-regional variations, VEE improves the viewability of images and video without affecting on-screen graphics, an important use case when consumers have a split-screen between web browsing and Mobile TV or YouTube functionality. VEE also allows a mobile device to provide a superior user experience in outdoor and bright ambient light environments without increasing the LCD backlight, thus preserving precious battery life. In indoor or low ambient light conditions, VEE allows the mobile device to operate with a lower LCD backlight while maintaining the visual experience, a common use case when watching movies on a mobile device during an airplane flight. One of the true benefits of the VEE architecture is that its settings can be updated in real-time, adapting the algorithm as the ambient lighting conditions change.

The VEE technology will be included in QuickLogic's library of Proven System Blocks (PSBs) and can be implemented in multiple silicon platforms, ultimately being delivered to OEMs and ODMs as a Customer Specific Standard Product (CSSP). Its introduction underscores the company's strategy to create next generation solutions that address key design concerns in the mobile industry. "QuickLogic's CSSPs have been providing intelligent connectivity for mobile devices for over a year now," says Faith. "With VEE, we are expanding our portfolio to bring innovative solutions to market that solve relevant and time-critical user experience challenges that OEMs and ODMs are faced with today."

As with all QuickLogic silicon platforms, QuickLogic's onboard programmable fabric enables unprecedented design flexibility for customization of the CSSP to the exact customer requirements. In alignment with the requirements of the mobile market, QuickLogic has developed a packaging strategy to support both small form factor Ball Grid Array (BGA) as well as Wafer Level Chip Scale Packaging (WL-CSP).

Availability

The Visual Enhancement Engine is available now as a PSB for QuickLogic's PolarPro family of programmable solution platforms. It is also being integrated as a hard logic implementation in the next generation of the company's ArcticLink solution platform line, with sampling expected in Q3 2008. For more information about VEE, please visit http://www.quicklogic.com/vee.

QuickLogic and Apical Join Forces to Enhance the Mobile Display Multimedia Experience

Mon, 10 Mar 2008 00:00:00 -0500

The QuickLogic Visual Enhancement Engine (VEE™), based on a proven iridix® core licensed from Apical Limited, provides TV-quality visual experience on mobile multimedia devices

Continuing its commitment to the mobile device market, QuickLogic Corporation (NASDAQ:QUIK), has partnered with UK-based imaging technology company Apical Limited, to bring Apical's proven iridix display enhancement technology to QuickLogic's Customer Specific Standard Product (CSSP) platform families. The iridix core forms the basis of QuickLogic's Visual Enhancement Engine (VEE) proven system block (PSB). When implemented in QuickLogic's patented ViaLink(R)-enabled programmable fabric, the VEE PSB greatly improves viewability, while reducing backlight power in mobile device displays by over 50%. The iridix core has been shipping for several years in Japanese digital still cameras (DSCs), providing the consumer with an exceptional viewing experience and the DSC manufacturers with differentiating branding opportunities.

Apical has provided QuickLogic an exclusive license for implementing the iridix core in silicon for the mobile market. "We are thrilled to have this opportunity to extend our leadership in mobile platform design by addressing industry challenges in getting the most out of multimedia display technology," said Dr. Tim Saxe, QuickLogic's CTO and Senior Engineering Executive. "Using Apical's proven technology in our VEE PSB enables our customers to meet the rising consumer demand for a high-quality mobile image and video viewing experience."

"By incorporating our iridix technology into its offering of Proven System Blocks, QuickLogic enables OEMs and ODMs to adopt our innovative display enhancement technology rapidly and easily, within a system which has been fully purposed for integration into a mobile device," explains Michael Tusch, CEO, Apical Limited. "QuickLogic's CSSP platforms offer a compelling and unique approach for the portable market by producing solutions that combine flexibility with enhanced functionality in a timely and cost effective method, which is difficult to achieve by other technologies today. This is why Apical is partnering with QuickLogic to bring combined solutions for the portable market."

The two companies are exploring additional opportunities to incorporate Apical IP into future QuickLogic solution platforms.

Apical's patented iridix technology improves the viewability of images and video displayed on mobile device LCD displays by optimally adapting the image content to the display dynamic range. Based on nearly a decade of scientific research, the iridix algorithms implement a model of human perception; resulting in a displayed image that retains color and vitality even in bright viewing conditions. In addition to delivering a visual experience closer to that of a large, bright flat-panel display, it also allows a mobile device to operate with significantly reduced backlighting to extend battery life. To further improve display quality, the iridix technology has been supplemented by additional image and video enhancement blocks such as dithering, hue rotation, color correction, and non-linear sharpness filtering, among others. Additionally, QuickLogic's programmable fabric is used to adapt the VEE-enabled solution platforms to the multitude of application, baseband processors, and display technologies commonly used in the mobile market. Furthermore, the autonomous nature of the VEE PSB eliminates the need for complex software algorithms to run on the host processor, lending itself to nearly zero design effort on the part of the OEM/ODM.

Availability

The VEE PSB with iridix technology is available now on QuickLogic's PolarPro family of programmable solution platforms, and will be integrated as a hard logic implementation in the next generation of the company's ArcticLink solution platform family, with sampling expected in Q3 2008. For more information about VEE, please visit http://www.quicklogic.com/vee.

QuickLogic Launches PolarPro II Programmable Solution Platform

Mon, 03 Mar 2008 00:00:00 -0600

Highly optimized I/O structure for mobile applications

Rapid entry and exit from Very Low Power (VLP) mode for more effective system power management

Small device housed in a 5mmx5mm BGA package for handheld mobile devices

Continuing its tradition of innovation in the design of ultra-low power programmable solutions, QuickLogic Corporation (NASDAQ:QUIK) has announced its next-generation customer specific standard product (CSSP) platform: PolarPro II. This latest addition to the popular PolarPro family of platforms offers a compact, optimized I/O structure, increased responsiveness for its Very Low Power (VLP) mode, and greater embedded SRAM configurability, along with other additional features to reduce PCB space and system Bill-Of-Materials (BOM) costs.

"The PolarPro II family is specifically designed to meet the connectivity, intelligence, security, and system logic requirements of portable and mobile applications," said Howard Li, Senior Solution Marketing Manager. "It offers a wide range of I/O interfaces for the mobile market. Coupled with a library of proven system blocks for its configurable fabric, PolarPro II addresses critical connectivity, control and intelligence needs in mobile device design, delivering solutions based on our customers' specific requirements."

The new family builds on the award-wining PolarPro platform, offering a more compact architecture that allows for higher levels of integration in a single device. It is the ideal silicon platform for delivering customer- or market-specific combinations of QuickLogic's proven system blocks for storage, wired/wireless communication, video/imaging, security and other custom functions. PolarPro II also enables higher design flexibility. The I/O section, for instance, now offers 8 independently-powered banks to simplify integration into multi-voltage systems, eliminating the need for costly level-shifting circuitry.

PolarPro II also offers a more advanced power management scheme. The core voltage can now scale as low as 1.5V to reduce dynamic power consumption. The platform also offers a VLP mode that freezes device operation, during which the static current drops to less than 5 uA. Entry and exit from the VLP mode are as fast as 10 microseconds, allowing system developers to conserve energy by shutting down the device in between bursts of activity.

Availability

The first platform in the PolarPro II family will begin sampling in April 2008, with other family members to follow. Device capacity will range to as many as 27 Customizable Building Blocks (CBBs). The first platform will be available in a package size as small as 5x5 mm (TFBGA) for reduced board space and cost, as well as in known good die configurations. For more information visit the QuickLogic website at www.quicklogic.com.

QuickLogic to Present at the Components for Military and Space Electronics (CMSE) Conference in San Diego

Wed, 06 Feb 2008 00:00:00 -0600

Underscoring its commitment to the military and high-reliability market, QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, today announced that it will be presenting at a key technical session at the Components for Military and Space Electronics (CMSE) Show in San Diego. Rajiv Jain, Director of Technology Development for QuickLogic, will discuss mission critical applications and the demand for high performance and reliability in extreme environment conditions, as well as the relationship between low power and silicon reliability.

This presentation will be offered at the CMSE Component Selection & Application Session on February 13, 2008. The presentation, titled "Key Considerations in Selecting FPGAs for Mission Critical Applications" will also offer an update on QuickLogic's PolarPro(TM) family of programmable solution platforms. PolarPro was purposely architected to meet interconnect and system logic requirements of power-sensitive and mission critical applications using an extremely fast, low power, nonvolatile interconnect technology invented, developed and patented by QuickLogic and called ViaLink.

What: QuickLogic technical presentation on "Key Considerations in Selecting FPGAs for Mission Critical Applications" CMSE - Component Selection & Application Session

Location: The Sheraton Mission Valley Hotel, 1433 Camino Del Rio South, San Diego, CA 92018

Time: Wednesday, February 13 from 9:00 a.m. to 12:00 p.m., Pacific Time

QuickLogic to Present at the Security Research Associates Winter Technology Conference in San Francisco

Mon, 04 Feb 2008 00:00:00 -0600

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, today announced that Carl Mills, VP Finance and CFO, will be presenting at the 4th annual Security Research Associates Winter Technology Conference in San Francisco.

Location: The Omni Hotel, 500 California Street, San Francisco, CA 94104

Time: Monday, February 11 at 3:00 p.m., Pacific Time

Webcast URL: http://www.wsw.com/webcast/sra6/quik/ (This presentation will be archived for 90 days.)

Mr. Mills will present an overview of QuickLogic's Customer Specific Standard Products (CSSPs), describe how CSSPs address the challenges facing the mobile electronics market, including battery life, and discuss the market size potential for CSSPs. Mr. Mills will also present QuickLogic's latest financial results.

QuickLogic Announces Fourth Quarter and Fiscal 2007 Results — Fourth Quarter New Product Revenue More Than Doubles Sequentially

Wed, 30 Jan 2008 00:00:00 -0600

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the financial results for its fourth quarter and fiscal year ended December 30, 2007.

Total revenue for the fourth quarter of 2007 was $10.7 million, up 19 percent from the third quarter of 2007 and up 39 percent from the fourth quarter of 2006. Higher new product revenue was the major contributor to the sequential and year-on-year revenue increase. New products – ArcticLink™, PolarPro™, Eclipse™ II and QuickPCI® II – grew to contribute 33 percent of revenue in the fourth quarter of 2007, 18 percent in the third quarter of 2007 and 15 percent of revenue in the fourth quarter of 2006.

Under generally accepted accounting principles (GAAP), the net loss for the fourth quarter of 2007 was $1.7 million, or $0.06 per share, compared with a net loss of $1.5 million, or $0.05 per share, in the third quarter of 2007 and a net loss of $3.3 million, or $0.12 per share, in the fourth quarter of 2006. Non-GAAP net loss for the fourth quarter of 2007 was $1.1 million, or $0.04 per share, compared with a non-GAAP net loss of $1.0 million, or $0.04 per share, in the third quarter of 2007 and a non-GAAP net loss of $3.0 million, or $0.11 per share, in the fourth quarter of 2006.

Revenue for 2007 was $34.4 million, compared with revenue of $34.9 million in 2006. Under GAAP, the net loss for 2007 was $11.1 million, or $0.38 per share, compared with a net loss of $9.2 million, or $0.32 per share, in 2006. Non-GAAP net loss for 2007 was $9.3 million, or $0.32 per share, compared with a non-GAAP net loss of $7.7 million, or $0.27 per share, in 2006.

QuickLogic reports certain financial measures, including net loss, in accordance with GAAP and also on a non-GAAP basis. Non-GAAP results, where applicable, exclude stock-based compensation recorded in accordance with Statement of Financial Accounting Standards (SFAS) No. 123(R), “Share-based Payment” and the write-off of long-lived assets. For a full reconciliation of GAAP net loss to non-GAAP net loss, please refer to the schedule on page 6 of this press release.

“New product revenue in our fourth quarter was $3.5 million, a $1.9 million increase over new product revenue in the third quarter. The sale of Customer Specific Standard Products, or CSSPs, into the portable navigation device market drove the increase in product sales,” said E. Thomas Hart, chairman, president and CEO. “Our low power CSSPs allow mobile device manufacturers to bring new products to market more quickly and cost effectively with lower risk. The CSSP message – ‘Your idea, our platform, customized for you’ – resonates well in our target markets, as we continue to engage with more top tier mobile device manufacturers.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, January 30, 2008, to discuss the fourth quarter and fiscal year financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com/investors. To participate, please call (877) 419-6598 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 5211845. The call recording will be archived until February 6, 2008 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Management uses the non-GAAP measures, which exclude gains, losses and other charges that are considered by management to be outside of the Company’s core operating results, internally to evaluate its operating performance against results in prior periods and its operating plans and forecasts. In addition, the non-GAAP measures are used to plan for the Company’s future periods, and serve as a basis for the allocation of Company resources, management of operations and the measurement of profit-dependent cash compensation paid to employees and executive officers.

QuickLogic to Showcase CSSP Solutions at Mobile World Congress in Barcelona

Fri, 25 Jan 2008 00:00:00 -0600

Innovative Portable CE Products for the consumer and prosumer market, as well as development and reference design platforms will be showcased

QuickLogic® Corporation (NASDAQ: QUIK), the leader in lowest power programmable solutions, will be showcasing a large selection of OEM/ODM products and demonstration systems based on QuickLogic’s Customer Specific Standard Products (CSSPs) during the Mobile World Congress event in Barcelona, Spain on February 11-14, 2008. Please visit QuickLogic’s booths - 7F40 and 7HS05 (Hall 7).

Some of the consumer and prosumer products that will be showcased in our booths include:

3G Wireless Data Card: QuickLogic’s CSSP provided the necessary interface and control to connect the 3G High Speed Downlink Packet Access (HSDPA) chipset to the PCMCIA slot on a laptop/notebook within the specified power limits.

Portable Navigation Device: Two PNDs will be showcased, both enabled by QuickLogic CSSPs based on the PolarPro™ solution platform. The first CSSP enables MP3 playback and high speed map download functionality by providing high performance access to a 1.8 inch PATA HDD. As an integral part of QuickLogic’s storage solution portfolio, the second CSSP enables connectivity to SD and MMC-based Managed NAND, as well as providing boot functionality for removing the need for NOR flash from the system – saving critical BOM cost and PCB space in the high volume CE device.

Ultra Mobile PC (UMPC) / Ultra Mobile Device (UMD) / Mobile Internet Device (MID): QuickLogic’s CSSP, based on the PolarPro solution platform, enables an external display/projector/TV to be connected simultaneously with the UMPC/UMD/MID by performing the necessary X/Y Swap and frame rate conversion.

Wireless Hard Disk Drive: A QuickLogic CSSP, based on the PolarPro solution platform, provides a high speed P-ATA controller that enables this pocket-sized media server to stream multimedia content to/from the internal small form factor HDD and an 802.11g or Bluetooth 2.x+ EDR enabled CE device.

Enterprise Personal Digital Assistant: A QuickLogic CSSP, based on the ArcticLink solution platform, provides high speed USB 2.0 OTG for data synchronization and for connectivity to an external keyboard/mouse, as well as a CompactFlash interface to support existing peripherals such as scanners, printers, GPS modules, data acquisition cards and wireless data cards.

Some of the development and reference design platforms that will be displayed in our booths include:

3G Handset Development Platform: QuickLogic’s CSSP, based on the ArcticLink solution platform, provides high speed USB 2.0 OTG connectivity for data synchronization with devices such as PCs and laptops, as well as the high speed SDIO host controllers that support 802.11g and external SD Card support, with unique support for SD High Capacity (SDHC). Through the inherent flexibility provided by the ArcticLink solution platform, this 3G handset development platform scales to support P-ATA or CE-ATA hard disk drive storage for CE products requiring additional multimedia storage.

Portable CE Development Systems: Two Sophia Systems SandGate III Marvell PXA Application Processor development boards with a QuickLogic daughtercard, will be showcased. These systems are used to demonstrate several solutions built from QuickLogic’s proven system blocks including Boot from Managed NAND, small form factor HDD, high speed USB thumb drives and peripherals, 802.11g and high capacity flash cards (MMC and SD).

Portable Multimedia Player TV-Out Reference Design: This reference design, jointly developed by QuickLogic and Chrontel, uses a QuickLogic CSSP based on the PolarPro solution platform, that enables an external display/projector/TV to be connected simultaneously with any portable CE device by performing the necessary X/Y Swap and frame rate conversion between a Marvell PXA application processor and a Chrontel TV encoder device.

QuickLogic Announces Q4 and FY2007 Earnings Conference Call

Thu, 17 Jan 2008 00:00:00 -0600

QuickLogic® Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the company's earnings results for its fourth quarter and fiscal year 2007 on Wednesday, January 30, 2008, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's fourth quarter and fiscal year 2007 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on January 30, 2008. The conference call can be accessed via QuickLogic's website at www.quicklogic.com, or join the live conference by dialing (877) 419-6598 by 2:20 p.m. Pacific Time on January 30, 2008. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode 5211845. The call recording will be archived until February 6th and the webcast will be available for 12 months.

QuickLogic and Chrontel Deliver Simultaneous LCD and Video Output for Handheld Devices

Wed, 02 Jan 2008 00:00:00 -0600

Ultra-low power solution architected to provide X-Y swap, frame buffering, and frame rate conversion for simultaneous LCD display and video output from portable devices

QuickLogic Customer Specific Standard Product (CSSP) works in conjunction with popular Application Processors and Chrontel TV encoder

Underscoring its commitment to the mobile electronics market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that, together with development partner Chrontel, it can now enable handheld device developers to add simultaneous video output to their products without sacrificing battery lifetime or burdening the host application processor. The proven QuickLogic/Chrontel solution has already been adopted by a leading smart phone manufacturer and can be customized to fit a wide range of design needs required by other adopters. For more detail please visit http://www.embedded.com/underthehood/201803541?_requestid=163373

“This is one more of the many examples of QuickLogic’s low power CSSP solutions providing fast time-to-market and design flexibility for handheld applications,” said Jing Ma, Director of Partnerships and Strategic Alliances at QuickLogic. “This new simultaneous display solution enables developers to implement a wide range of exciting handheld capabilities, such as plugging a PDA into a conference room television to give a presentation, playing a mobile-phone video game on a TV, or even watching a movie stored on a portable media player on any TV.”

Working in conjunction with Chrontel, QuickLogic addressed three major challenges associated with the simultaneous display of images on both LCD screens and external video devices such as televisions and VGA projectors which have different scan directions. The first challenge was providing the memory control to manage frame buffers using an X-Y pixel swap that provides correct simultaneous image display on both the portrait-mounted LCD panels common to handheld devices and the landscape-oriented displays of television and video projectors. The second challenge was to accommodate frame- and pixel-rate differences between LCD and various television standards, including NTSC and PAL. The third was to provide this functionality without making excessive demands on system battery power and without requiring host processor intervention beyond setup and configuration.

QuickLogic’s CSSP solution leverages the company’s ultra-low power programmable fabric technology to implement the memory interfaces, RGB interfaces, X-Y Swap conversion logic, and active power management needed to address these challenges, all in a single device. When coupled with Chrontel’s CH7013 TV Encoder and a mobile SDRAM frame buffer, the total design handles all rate conversions and voltage level shifting needed to get input data from the LCD display controller on the application processor and drive the TV encoder device.

“By partnering with QuickLogic,” said David Tsai, Chrontel’s Director of Marketing, “we have successfully developed an approach that enables portrait-oriented images and video from mobile handsets, personal digital assistants (PDAs), and portable media players (PMPs) to display correctly on conventional NTSC and PAL displays. QuickLogic’s CSSP handles all the timing related to the various display rates and scan direction conversion while the CH7013 processes and tunes the video stream to produce excellent TV-out quality.”

Availability

As with all of its CSSP designs, QuickLogic can adapt its X-Y swap proven system block to meet a customer’s specific needs, speeding time-to-market for developers having unique requirements. For more information and to discuss requirements, contact QuickLogic sales at www.quicklogic.com/sales.

QuickLogic Showcases Innovative Portable CE Products Enabled by CSSP Solutions at Consumer Electronics Show in Las Vegas

Wed, 02 Jan 2008 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the leader in lowest power programmable solutions, will be showcasing a large selection of OEM/ODM products and demonstration systems based on QuickLogic’s Customer Specific Standard Products (CSSPs) during the CES show in Las Vegas, Jan 7-10, 2008. Please visit QuickLogic’s suite at the Las Vegas Convention Center, Suite 6532MP. To register for a specific time to visit the private suite, please call +1-408-990-4000, and ask to schedule an appointment.

CES Featured Demos

Visit our hospitality suite to see a demonstration of portable, battery-powered consumer and prosumer products enabled by QuickLogic CSSPs, along with several development platforms available for OEMs and ODMs that can be used with applications and communications processors. The QuickLogic CSSPs on these development platforms enable a broad variety of unmatched storage, wired and wireless connectivity, and video capability.

Some of the consumer and prosumer products that will be showcased in our suite include:

Wireless Hard Disk Drive: A QuickLogic CSSP, based on the PolarPro solution platform, provides a high speed P-ATA controller that enables this pocket-sized media server to stream multimedia content to/from the internal small form factor HDD and an 802.11g or Bluetooth 2.x+ EDR enabled CE device.
Enterprise Personal Digital Assistant: A QuickLogic CSSP, based on the ArcticLink solution platform, provides high speed USB 2.0 OTG for data synchronization (ActiveSync) and for connectivity to an external keyboard/mouse, as well as a CompactFlash interface to support existing peripherals such as scanners, printers, GPS modules, data acquisition cards and wireless data cards.
Portable Navigation Device: Two PNDs will be showcased, both enabled by QuickLogic CSSPs based on the PolarPro solution platform. The first CSSP enables MP3 playback and high speed map download functionality by providing high performance access to a 1.8” P-ATA HDD. As an integral part of QuickLogic’s storage solution portfolio, the second CSSP enables connectivity to SD and MMC-based Managed NAND, as well as providing boot functionality for removing the need for NOR flash from the system – saving critical BOM cost and PCB space in the high volume CE device.
3G Wireless Data Card: QuickLogic’s CSSP provided the necessary interface and control to connect the 3G High Speed Downlink Packet Access (HSDPA) chipset to the PCMCIA slot on a laptop/notebook within the specified power limits.
Ultra Mobile PC (UMPC) / Ultra Mobile Device (UMD) / Mobile Internet Device (MID): QuickLogic’s CSSP, based on the PolarPro solution platform, enables an external display/projector/TV to be connected simultaneously with the UMPC/UMD/MID by performing the necessary X/Y Swap and frame rate conversion.

Some of the development and reference design platforms that will be displayed in our suite include:

3G Handset Development Platform: QuickLogic’s CSSP, based on the ArcticLink solution platform, provides high speed USB 2.0 OTG connectivity for data synchronization with devices such as PCs and laptops, as well as the high speed SDIO host controllers that support 802.11g and external SD Card support, with unique support for SD High Capacity (SDHC). Through the inherent flexibility provided by the ArcticLink solution platform, this 3G handset development platform scales to support P-ATA or CE-ATA hard disk drive storage for CE products requiring additional multimedia storage.
Portable CE Development Systems: Two Sophia Systems SandGate III Marvell PXA Application Processor development boards with a QuickLogic daughtercard, will be showcased. These systems are used to demonstrate several solutions built from QuickLogic’s proven system blocks including Boot from Managed NAND, small form factor HDD, high speed USB thumb drives and peripherals, 802.11g and high capacity flash cards (MMC and SD).
Portable Multimedia Player TV-Out Reference Design: This reference design, jointly developed by QuickLogic and Chrontel, uses a QuickLogic CSSP based on the PolarPro solution platform, that enables an external display/projector/TV to be connected simultaneously with any portable CE device by performing the necessary X/Y Swap and frame rate conversion between a Marvell PXA application processor and a Chrontel TV encoder device.

QuickLogic to Present at the 10th Annual Needham Growth Conference in New York

Thu, 20 Dec 2007 00:00:00 -0600

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that E. Thomas Hart, Chairman, President and CEO and Carl Mills, VP of Finance and CFO, will be presenting at the tenth annual Needham & Company Growth Stock Conference in New York City.

Location: The New York Palace Hotel, 455 Madison Avenue, New York, NY 10022

Time: Friday, January 11 at 8:30 a.m., Eastern Time

Webcast URL: http://www.wsw.com/webcast/needham21/quik (This presentation will be archived for 90 days.)

Mr. Hart will be presenting an overview of QuickLogic's proprietary Customer Specific Standard Products (CSSPs), the market size potential and how CSSPs address the many challenges facing the mobile electronics market including battery life. Mr. Mills will present a summary and analysis of QuickLogic's latest financial results.

QuickLogic’s Military-Temperature Configurable Technology Achieves Volume Production

Wed, 19 Dec 2007 00:00:00 -0600

The PolarPro QL1P1000 platform is specifically designed to meet the demanding needs of high reliability applications.

The PolarPro Family contains logic densities of up to 1 million gates.

Keeping its commitment to the industrial, military and high reliability market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, has now achieved volume production of its QL1P1000 in a milspec temperature rating. The QL1P1000 is a member of the PolarPro™ family of programmable solution platforms, containing up to 1 million gates of the industry’s lowest power configurable technology.

“QuickLogic products have long been valued by military and avionics designers for their robust performance in harsh conditions, and with the PolarPro QL1P1000 we have grown their logic density to match the requirements of today’s more sophisticated systems,” said Brian Faith, QuickLogic’s Vice President, Solutions Marketing.

The QL1P1000 platform offers the reliability and capacity needed for the most demanding military applications, supporting the full mil-spec temperature range of -55º to +125ºC. The platform also addresses the shock and vibration requirements of military and avionics applications by employing robust packaging to reduce sensitivity to mechanical stress. The platform is non-volatile and therefore does not require an external configuration memory, nor can it be read after programming. Keeping design details and security codes embedded in the platform completely unexposed to the outside world underscores the fact that the platform is virtually impossible to reverse-engineer, clone, or tamper with.

Availability

The PolarPro QL1P1000 is available immediately. For volume ordering information, contact QuickLogic sales at www.quicklogic.com/sales.

QuickLogic to Present at Thomas Weisel Partners Power Conference 2007

Wed, 14 Nov 2007 00:00:00 -0600

Underscoring its commitment to the mobile electronics market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that Carl Mills, VP of Finance and CFO, and Andy Pease, VP of Worldwide Sales, will be presenting at the Thomas Weisel Partners Power Conference 2007.

Location: Thomas Weisel Partners New York Office, 390 Park Avenue, 2nd Floor, New York, NY 10022

Time: Thursday, November 15 at 3:00 p.m., Eastern Time

Webcast URL: http://www.veracast.com/webcasts/twp/innovations07/23116131.cfm (This presentation will be archived until December 15, 2007.)

Mr. Pease will be presenting an overview of Customer Specific Standard Products (CSSPs) and how they address the low power challenges facing the mobile electronics market. Mr. Mills will present a summary and analysis of QuickLogic's latest financial results.

QuickLogic’s High Speed SPI Host Controller Enables Shorter Time to Market for ODMs and OEMs

Mon, 29 Oct 2007 00:00:00 -0500

The high speed SPI interface provides a fast, easy connection to WiFi, GPS, Bluetooth and MobileTV chipsets.

The SPI controller features a low pin count interface and a small foot print implementation.

Underscoring its commitment to the mobile market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the addition of a SPI (serial peripheral interconnect) Host Controller to its customer specific standard product (CSSP) functional library. The SPI interface gives mobile device designers a low pin-count alternative to SDIO or mini-PCI for a high speed connection to wireless modules and other popular peripheral functions.

“QuickLogic’s customer specific standard product (CSSP) design approach is all about giving the OEM/ODM developers choices within a standard framework,” said Brian Faith, QuickLogic’s Vice President, Solution Marketing. “The addition of the high speed SPI Host Controller to our silicon proven, system block library extends the developers’ range of alternatives for connecting to high-performance peripherals such as WiFi and GPS chipsets.”

Today’s wireless chipsets provide different host interfaces including SDIO, SPI and mini-PCI, which are most widely used. Implemented in QuickLogic’s platform products, a SDIO Host Controller requires 15 customizable building blocks (CBBs), and PCI requires 6 to 9 CBBs depending on the configuration. The SPI Host Controller requires only 3 CBBs and 4 IOs, freeing CSSP resources for the implementation of additional functions. It is high speed and capable of operating at clock speeds to 52 MHz. The SPI software driver provided by QuickLogic has low overhead and can be customized for specific peripherals for higher performance.

Availability

The SPI Host Controller, which comes with full software support, is available immediately as part of QuickLogic's CSSP proven system block library. For information on QuickLogic's CSSP capabilities and platforms, go to www.quicklogic.com/cssp.

QuickLogic Announces Fiscal 2007 Third Quarter Results — New Product Revenue Ramps Sequentially at Top Tier Customers

Wed, 24 Oct 2007 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the financial results for its fiscal third quarter ended September 30, 2007.

Revenue for the third quarter of 2007 was $9.0 million, up seven percent from $8.4 million in the second quarter of 2007 and up five percent from $8.6 million in the third quarter of 2006. New product revenue increased by $1.0 million sequentially; this growth was partially offset by a decline in end-of-life product revenue. Higher end-of-life and mature product revenue was a major contributor to the year-on-year increase in revenue. New products – ArcticLink™, PolarPro™, Eclipse™ II and QuickPCI® II – contributed 18 percent of revenue in the third quarter of 2007, seven percent in the second quarter of 2007 and 25 percent of revenue in the third quarter of 2006.

Under generally accepted accounting principles (GAAP), the net loss for the third quarter of 2007 was $1.5 million, or $0.05 per share, compared with a net loss of $2.1 million, or $0.07 per share, in the second quarter of 2007 and a net loss of $3.0 million, or $0.10 per share, in the third quarter of 2006. Non-GAAP net loss for the third quarter of 2007 was $1.0 million, or $0.04 per share, compared with a non-GAAP net loss of $1.7 million, or $0.06 per share, in the second quarter of 2007 and a non-GAAP net loss of $2.6 million, or $0.09 per share, in the third quarter of 2006.

QuickLogic reports certain financial measures, including net loss, in accordance with GAAP and also on a non-GAAP basis. Non-GAAP results, where applicable, exclude stock-based compensation recorded in accordance with Statement of Financial Accounting Standards (SFAS) No. 123(R), “Share-based Payment” and the write-off of long-lived assets. For a full reconciliation of GAAP net loss to non-GAAP net loss, please refer to the schedule on page 5 of this press release.

“We are pleased with our significant increase in revenue compared with the second quarter,” said E. Thomas Hart, chairman, president and CEO. “We are getting good design traction for our Customer Specific Standard Products (CSSPs) with top customers in our target markets. The trend for these customers is to design platforms that enable them to generate multiple products. The inherent flexibility of CSSPs serves well to “future-proof” these platforms, extending their life over several product generations. This allows our customers to bring new products to market more quickly and cost effectively with lower risk.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, October 24, 2007, to discuss the third quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com/investors. To participate, please call (888) 684-1265 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 5642724. The call recording will be archived until November 1, 2007 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company excludes charges related to stock-based compensation and the effect of the write-off of long-lived assets in calculating non-GAAP (i) income (loss) from operations, (ii) net income (loss), (iii) net income (loss) per share, and (iv) gross margin percentage. For a full reconciliation of these GAAP measures to non-GAAP measures, please refer to the schedule on page 5 of this press release. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry. Management uses the non-GAAP measures, which exclude gains, losses and other charges that are considered by management to be outside of the Company’s core operating results, internally to evaluate its operating performance against results in prior periods and its operating plans and forecasts. In addition, the non-GAAP measures are used to plan for the Company’s future periods, and serve as the basis for the allocation of Company resources, management of operations and the measurement of profit-dependent cash compensation paid to employees and executive officers.

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP financial measures to non-GAAP financial measures is included in the financial statements portion of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic Expands into Mobile Accessory Market with SDIO Client Proven System Block

Mon, 15 Oct 2007 00:00:00 -0500

Underscoring its commitment to the mobile electronics market, QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today released a proven system block for an SDIO client. This block, part of QuickLogic's functional library for its Customer Specific Standard Product (CSSP) platforms, enables a range of unique accessories for mobile devices utilizing the popular SD memory card and SDIO peripheral interface.

As consumers demand higher levels of integration, more functions are put into single devices such as smartphones, personal media players (PMP) and personal navigation devices (PND). The same trend is also seen in the accessory market. Expansion cards and thumb drives are integrating multiple radios for Wi-Fi, mobile TV, and other wireless technologies, along with flash memory storage for data and multimedia content. The most commonly used interfaces in mobile devices are high speed SD/SDIO and USB. The new SDIO client proven system block allows QuickLogic to greatly expand its served available market from host side applications to the accessory market on the client side.

"This SDIO client system block opens a whole new range of applications for QuickLogic's CSSP platforms," says Howard Li, QuickLogic's senior platform marketing manager. "There are fixed-function SDIO client ASSPs that are available on the market, but with limited functionality and zero flexibility. QuickLogic's SDIO client block can be integrated into a variety of QuickLogic's CSSP platforms and can be tailored by QuickLogic to meet customer specific requirements. Mobile market architects and designers now can easily attach Wi-Fi, mobile TV, Bluetooth and NAND flash storage to a standard SDIO interface in a single device.”

The SDIO client block has been added to QuickLogic’s proven system block library for its CSSP solutions platforms. QuickLogic’s CSSP approach blends fixed logic blocks with an array of low-power customizable building blocks (CBBs) for implementing additional standards-based or custom functions. This approach offers development teams a customizable platform that addresses the need to meet cost, battery life and PCB-space requirements, while also maintaining the flexibility to evolve designs as market demands change in the future. Quicklogic’s CSSP platforms include the PolarPro® and ArcticLink® platform families, offering a range of options in size and capacity.

Availability

The SDIO client solution is available immediately as part of QuickLogic's CSSP proven system block library. For more information on QuickLogic's CSSP capabilities and platforms, go to www.quicklogic.com/cssp

QuickLogic Announces Q3 Earnings Conference Call

Wed, 10 Oct 2007 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the company's earnings results for its fiscal third quarter on Wednesday, October 24, 2007, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's third quarter 2007 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on October 24, 2007. The conference call can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call (888) 684-1265 by 2:20 p.m. Pacific Time on October 24, 2007. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode 5642724. The call recording will be archived until November 1, 2007 and the webcast will be available for 12 months.

QuickLogic’s High-Density Configurable Technology Now Available in Military Temperature Rating

Sat, 29 Sep 2007 00:00:00 -0500

QL1P1000 is specifically designed to meet the demanding needs of military applications.

The high-density, mil-temp capabilities of the PolarPro QL1P1000 device, were combined with the advantages of QuickLogic’s proprietary technology, based on demand from customers.

Underscoring its commitment to the military market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that the QL1P1000, the latest member of the PolarPro™ family, is now available in a mil-spec temperature rating. PolarPro, the industry’s lowest power configurable technology, is available in sizes of up to 1 million gates and offers unparalleled design security.

“We have a long history with the military industry in the areas of flight controls, avionics, missile systems, navigation systems, smart munitions and military communications systems. Our military customers value our technology, and many of them have requested parts with a million gate density that are rated for the full -55º to +125ºC mil-spec temperature range,” said Brian Faith, QuickLogic’s Vice President, Solution Marketing. “With the PolarPro QL1P1000, we have delivered.”

The underlying, proprietary ViaLink® technology used in the QL1P1000 device offers some significant benefits for battery-powered, mission critical applications. The PolarPro device’s VLP low-power mode reduces current demand to less than 100 uA, meaning smaller, lighter batteries can be used for easier portability. The technology’s reliable, non-volatile programming approach enables “instant-on” operation, which is ideal for immediate recovery from ‘brown-out’ situations. In addition, the QL1P1000 is immune from Single Event Upsets (SEUs). Lastly, since programming of the ViaLink technology does not depend on external memory and cannot be read after programming, design details and security codes embedded in the logic are virtually impossible to reverse engineer, clone or tamper with.

The QL1P1000 device offers the reliability and capacity needed for the most demanding military applications. The reliability is based on a number of factors that QuickLogic paid special attention to in the development of this device such as the fabrication process, design and layout rules, testing of the device, software programming and the qualification plans and quality assurance procedures. This device also addresses the shock and vibration requirements of military designs by using special packaging to reduce their sensitivity to mechanical stresses. This high-density device is an excellent replacement for ASICs, which are more costly, experience shorter lifecycles and lack flexibility.

Pricing and Availability

The PolarPro QL1P1000 device with military temperature range is sampling now. For pricing information and volume ordering, contact QuickLogic sales, or visit QuickLogic at www.quicklogic.com.

QuickLogic Extends CSSP Library with Bluetooth 2.1 + EDR Compatible High Speed UART Core

Thu, 06 Sep 2007 00:00:00 -0500

Fast 3 Mbit/sec data rate supports Bluetooth 2.1 and Enhanced Data Rate (EDR) throughput requirements

Configurable to meet a variety of application requirements

Underscoring its commitment to the mobile electronics market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced a new UART (universal asynchronous receiver/transmitter) proven system block for use with its innovative Customer Specific Standard Product (CSSP) platforms. The high-performance core supports the full 3Mbit/sec required for Bluetooth 2.1 and Enhanced Data Rate (EDR) operation.

The UART has been used as a general-purpose serial communications function for decades, but are typically designed for low data-rate applications such as a PC serial port. More recently, UARTs have become the most common form of host controller interface for Bluetooth communications. With the advent of Bluetooth 2.0/2.1 and its EDR transfer mode for highspeed streaming, UARTs traditionally used in mobile application processors are proving to be too slow. The new UART system block from QuickLogic offers the level of performance that Bluetooth 2.1 + EDR requires.

“QuickLogic’s high-speed UART solution allows portable device OEMs and ODMs to quickly implement Bluetooth 2.1 capability – without waiting for application processor vendors to upgrade their embedded UARTs to the required performance,” says Howard Li, QuickLogic’s Senior Platform Solution Marketing Manager. “Together with the flexibility of QuickLogic’s CSSP platform approach, this solution allows designers to gain a competitive advantage and
create product differentiation - today.”

The high-speed UART solution is a proven system block that occupies five Customizable Building Blocks (CBBs) within the programmable fabric in either PolarPro or ArcticLink CSSP families of solution platforms. It offers configurable flow control and FIFO access as well as a baud rate customizable for different application requirements, with speeds up to 3 Mbits/sec. Applications for the UART system block include Bluetooth EDR voice communications between mobile handsets and hands-free headsets, wireless communications between game controllers and game consoles, and the streaming of multimedia files between devices, as well as traditional serial links to keyboards, mice, portable storage, and the like. Software support for the highspeed UART system block includes drivers for Windows CE, Windows Mobile, and Linux.

Availability

The high-speed UART solution is available immediately as part of QuickLogic’s CSSP proven system block library. For more information on QuickLogic’s CSSP capabilities and platforms, go to www.quicklogic.com/cssp.

QuickLogic Announces Availability of Ultra-Secure, Digital Rights Management, Single-Chip Silicon Solutions for Handheld Electronics Products

Mon, 20 Aug 2007 00:00:00 -0500

Patented silicon fabrication technology make solutions effectively 'reverse engineering proof'

QuickLogic Corporation (NASDAQ: QUIK), the leader in lowest power programmable solutions, today announced it has added a suite of digital rights management (DRM) security functions, including AES encryption, to the library of IP available for its programmable connectivity platforms. The technology greatly enhances time to market and time in market for handheld electronics products. It allows developers to extend the capability of their chosen embedded systems processor with both the security and peripheral interfaces they need, via a single low power consumption IC.

Proprietary and patented semiconductor fabrication technology ensures that secret keys embedded into the device are effectively immune to reverse engineering, providing an ideal solution for securing digital media over the broad range of fast-growing consumer electronics applications such as portable media players, smart phones, and navigation devices.

A typical solution that QuickLogic implements for applications might be a cryptographic function such as AES encryption combined with high-speed USB 2.0 OTG and SD memory controller interfaces. Further cryptographic functions available in QuickLogic's library include hashing functions, DES and Triple DES. Key lengths as long as 256 bits, or more, may be embedded securely into a device. Other forms of DRM such as CPRM can be added to the library quickly.

This ability to provide DRM security combined with other functions means that major real-estate and bill-of-material cost savings can be made by developers of handheld products compared with dedicated DRM ICs, or volatile forms of programmable logic that require separate SRAM configuration devices and a backup battery. Package choices for QuickLogic's programmable platforms include 6 x 6 mm BGA.

QuickLogic offers a range of innovative platforms for use with embedded systems processors, offering technology ranging from low power programmable logic fabric, to logic combined with dedicated functions. These programmable platforms allow the creation of types of devices that QuickLogic terms Customer Specific Standard Products or CSSPs. CSSP combines the proven functionality of application specific standard products, with the customer-specific functionality of ASICs, to deliver solutions that meet integration and customization requirements within days rather than months.

The ultra-secure nature of QuickLogic's patented fabrication process technology has been used in many sensitive defense related applications. QuickLogic has a strong security chain in place to protect secret keys during device manufacturing.

QuickLogic Launches New Web Site Aimed at the Mobile Electronics Market

Mon, 30 Jul 2007 00:00:00 -0500

Underscoring its commitment to the mobile electronics market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today launched a dramatically new web site that will help product development teams leverage QuickLogic’s Customer Specific Standard Product (CSSP) technologies, platforms and capabilities to bring their designs to market quickly, and at low risk. The site is organized by application and technology segments, providing developers with a variety of usage models and block diagrams showing how the CSSP approach solves fundamental challenges being experienced in the fast moving mobile market.

QuickLogic’s CSSP approach blends proven system blocks with an array of low-power customizable building blocks (CBBs). This approach offers development teams a customizable platform that addresses the need to meet cost, battery life and PCB-space requirements, while also maintaining the flexibility to evolve designs as market demands change in the future. QuickLogic’s web site is located at www.quicklogic.com.

QuickLogic Announces Fiscal 2007 Second Quarter Results — Revenue Climbs 35% Sequentially

Wed, 25 Jul 2007 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the financial results for its fiscal second quarter ended July 1, 2007.

Revenue for the second quarter of 2007 was $8.4 million, up 35 percent from $6.2 million in the first quarter of 2007 and down nine percent from $9.2 million in the second quarter of 2006. The sequential growth in revenue was broadly based across our new product, mature product and end-of-life product families. The year-on-year decline in revenue was due to lower new product revenue. The decline in new product revenue was due to lower revenue from one customer, whose revenue in the second quarter of 2007 was in line with our expectations. New products – PolarPro™, ArcticLink™, Eclipse™ II, QuickPCI® II and QuickMIPS – contributed 14 percent of revenue in the second quarter of 2007 and the first quarter of 2007, and 25 percent of revenue in the second quarter of 2006.

Under generally accepted accounting principles (GAAP), the net loss for the second quarter of 2007 was $2.1 million, or $0.07 per share, compared with a net loss of $5.9 million, or $0.20 per share, in the first quarter of 2007 and a net loss of $1.7 million, or $0.06 per share, in the second quarter of 2006. Non-GAAP net loss for the second quarter of 2007 was $1.7 million, or $0.06 per share, compared with a non-GAAP net loss of $5.5 million, or $0.19 per share, in the first quarter of 2007 and a non-GAAP net loss of $1.3 million, or $0.05 per share, in the second quarter of 2006.

QuickLogic reports certain financial measures, including net loss, in accordance with GAAP and also on a non-GAAP basis to highlight infrequent or non-recurring charges. Non-GAAP results, where applicable, exclude stock-based compensation recorded in accordance with Statement of Financial Accounting Standards (SFAS) No. 123(R), “Share-based Payment” and the write-off of long-lived assets. For a full reconciliation of GAAP net loss to non-GAAP net loss, please refer to the schedule on page 5 of this press release.

“We are pleased with our significant increase in revenue compared with the first quarter,” said E. Thomas Hart, chairman, president and CEO. “We are seeing good design traction for our Customer Specific Standard Products (CSSPs), with top customers in our target markets. The trend for these customers is to design platforms that enable them to build multiple products. The inherent flexibility of CSSPs serves well to “future-proof” these platforms, extending their life over several product generations. This allows our customers to bring new products to market more quickly and cost effectively with lower risk.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, July 25, 2007, to discuss the second quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com/investors. To participate, please call (913) 981-5523 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 3465080. The call recording will be archived until August 2, 2007 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

Investors should note, however, that the non-GAAP financial measures used by QuickLogic may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. QuickLogic does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP financial measures to non-GAAP financial measures is included in the financial statements portion of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic Announces Q2 Earnings Conference Call

Thu, 12 Jul 2007 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the Company's earnings results for its fiscal second quarter on Wednesday, July 25, 2007, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's second quarter 2007 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on July 25, 2007. The conference call can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call (913) 981-5523 by 2:20 p.m. Pacific Time on July 25, 2007. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode: 3465080. The call recording will be archived until August 2, 2007 and the webcast will be available for 12 months.

QuickLogic Expands Storage Solution Portfolio with Compact Flash Host Controller

Wed, 20 Jun 2007 00:00:00 -0500

Supports CF+ specification with memory, I/O and True IDE mode

Enables compatibility with a wide variety of aftermarket peripherals

QuickLogic® Corporation (NASDAQ: QUIK), the leader in lowest power programmable solutions, today announced an addition to its integrated programmable connectivity solution portfolio targeting mobile devices. The company has released a full Compact Flash host controller to provide designers with simple access to this common memory technology.

Compact Flash was introduced in 1994 initially as an interface to flash data card storage. Over time, it has been enhanced to support micro hard disk drives and peripheral devices such as Wi-Fi, Global Positioning Systems (GPS) and Scanner modules. Although Secure Digital (SD) card has gained more popularity due to its simpler interface, Compact Flash is still required for devices such as Enterprise PDAs, Portable Industrial ePOS, and highend digital cameras.

Compact Flash is a high pin-count interface, and as a result, many of the latest application processors no longer support it in order to reduce cost. QuickLogic’s Compact Flash host controller acts as a companion device to the application processor, enabling connectivity to a host of Compact Flash devices on the market. It preserves the investment made in Compact Flash peripherals by consumers while allowing them to take advantage of the more powerful emerging application processors.

QuickLogic’s Compact Flash host controller solution supports the CF+ specification including memory, data storage, I/O and True IDE mode. It can be configured to work with Compact Flash memory cards, micro hard disk drives and a broad range of I/O peripherals. The processor interface implemented in the programmable fabric allows seamless connection to a variety of applications processors, enabling developers to quickly add Compact Flash to their mobile designs.

The Compact Flash host controller is the latest addition to QuickLogic’s Customer Specific Standard Product (CSSP) offerings, all of which reduce design time and risk by embedding high performance fixed-logic with a programmable fabric. The fixed-logic portion of the CSSP enables designers to optimize the product BOM cost and battery life, while still providing the flexibility to customize the programmable fabric portion to suit their individual product requirements. The Compact Flash solution can be integrated into QuickLogic’s PolarPro™, Eclipse® II, and ArcticLink™ product families.

Pricing and Availability

QuickLogic’s Compact Flash host controller solution is available now for under $2 in high volume. For more details contact QuickLogic sales or visit QuickLogic at www.quicklogic.com.

QuickLogic Introduces “Boot from Managed NAND” Solution Eliminating Need for NOR Flash in Mobile Products

Mon, 14 May 2007 00:00:00 -0500

Enables mobile products to boot from Managed NAND memory devices, memory cards and solid-state disk drives, significantly reducing both BOM costs and PCB area

Solution Supports Secure Digital (SD), Secure Digital High Capacity (SDHC) and Multimedia Card (MMC) based Managed NAND devices for maximum NAND sourcing flexibility

Underscoring its commitment to the mobile electronics market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced a revolutionary solution that enables the application processors in mobile products to boot directly from Managed NAND devices and memory cards, eliminating the need for NOR flash and thus reducing BOM cost and PCB area. The solution is a unique combination of QuickLogic’s proven SDIO host controller and additional intellectual property that performs the boot sequencing function,

Managed NAND is an emerging trend in Flash storage technology that integrates both NAND flash memory and a controller device that handles the complexities of errorcorrection (ECC) and other vendor-specific housekeeping operations associated with using the memory. By handling these complexities on the Managed NAND device itself, the mobile products’ application processor can focus on running the operating system and software applications. This new capability will become especially important as NAND flash devices reduce cost and increase capacity by moving to multi-level cell (MLC) designs.

Managed NAND also provides a simplified and standardized interface to the memory that allows QuickLogic’s solution to help reduce BOM cost by expanding competitive supply options, allowing companies to ‘mix and match’ memory from different vendors.

“This Managed NAND solution gives our customers the best of both worlds,” says Judd Heape QuickLogic’s Director of Systems Architecture. “This added capability allows mobile product designers to eliminate the NOR flash they typically use to hold bootable system software in their designs. Now for the first time they can use a single type of memory for both data and boot program storage. Designers will gain the density of NAND flash with the bootability of NOR flash, all with the simplicity and flexibility of a managed interface.”

Pricing and Availability

QuickLogic’s boot from Managed NAND solution is available now with boot software support for Linux and Windows® CE operating systems. The solution can be implemented in QuickLogic’s PolarPro™ and Eclipse™ II technology as well as in the programmable fabric of the company’s ArcticLink™ solution platform. The Managed NAND solution will price for as little as $1.20 in high volume depending on the platform used. For more details contact QuickLogic Sales or visit QuickLogic at www.quicklogic.com.

QuickLogic Announces Fiscal 2007 First Quarter Results

Thu, 26 Apr 2007 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced the financial results for its fiscal first quarter ended April 1, 2007.

Revenue for the first quarter of 2007 was $6.2 million, down 19 percent from $7.7 million in the fourth quarter of 2006 and 33 percent from $9.3 million in the first quarter of 2006. The change in revenue was primarily due to the continued decline in pASIC® 1 and pASIC 2 products as a result of their previously announced end-of-life, lower customer demand, and the stage in the production life-cycle of customers using our new products. New products – Eclipse™ II, QuickPCI® II, PolarPro™ and QuickMIPS – contributed 14 percent of revenue in the first quarter of 2007, compared with 18 percent of revenue in the fourth quarter of 2006 and 12 percent of revenue in the first quarter of 2006.

Under generally accepted accounting principles (GAAP), the net loss for the first quarter of 2007 was $5.9 million, or $0.20 per share, compared with a net loss of $3.3 million, or $0.12 per share, in the fourth quarter of 2006 and a net loss of $1.2 million, or $0.04 per share, in the first quarter of 2006. Non-GAAP net loss for the first quarter of 2007 was $5.5 million, or $0.19 per share, compared with a non-GAAP net loss of $3.0 million, or $0.11 per share, in the fourth quarter of 2006 and a non-GAAP net loss of $776,000, or $0.03 per share, in the first quarter of 2006.

QuickLogic reports certain financial measures, including net income (loss), in accordance with GAAP and also on a non-GAAP basis to highlight infrequent or non-recurring charges. Non-GAAP results, where applicable, exclude stock-based compensation recorded in accordance with Statement of Financial Accounting Standards (SFAS) No. 123(R), “Share-based Payment” and the write-off of long-lived assets. For a full reconciliation of GAAP net loss to non-GAAP net loss, please refer to the schedule on page 5 of this press release.

“Even though our revenue and other financial results were within guidance, we are certainly not satisfied with this level of revenue and the resulting losses,” said E. Thomas Hart, chairman, president and CEO. “We believe that our new sales and marketing personnel along with the introduction of Customer Specific Standard Products (CSSPs) are already showing signs of success. Interest from focus customers in our target markets and design activity using our new solutions, especially the recently announced ArcticLink™ Solution Platform, continues to grow. We believe that we will have some exciting customer wins to announce during the next several quarters.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, April 26, 2007, to discuss the first quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com/investors. To participate, please call (913) 312-1303 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 4395343. The call recording will be archived until May 3, 2007 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company excludes charges related to stock-based compensation and the effect of the write-off of long-lived assets in calculating non-GAAP (i) income (loss) from operations, (ii) net income (loss), (iii) net income (loss) per share, and (iv) gross margin percentage. For a full reconciliation of these GAAP measures to non-GAAP measures, please refer to the schedule on page 5 of this press release. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry. Management uses the non-GAAP measures, which exclude gains, losses and other charges that are considered by management to be outside of the Company's core operating results, internally to evaluate its operating performance against results in prior periods and its operating plans and forecasts. In addition, the non-GAAP measures are used to plan for the Company’s future periods, and serve as the basis for the allocation of Company resources, management of operations and the measurement of profit-dependent cash compensation paid to employees and executive officers.

Investors should note, however, that the non-GAAP financial measures used by the Company may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. The Company does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP financial measures to non-GAAP financial measures is included in the financial statements portion of this press release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic Ships the First ArcticLink Solution Platform with Fully Integrated USB 2.0 High Speed On-the-Go Controller and PHY

Wed, 25 Apr 2007 00:00:00 -0500

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced it is now shipping its revolutionary ArcticLink™ solution platform. It reduces design time and risk for the mobile market by embedding high performance host controllers, a programmable fabric for implementing additional controllers and peripheral connectivity, as well as a selectable processor interface – all in a single, low power device. The ArcticLink solution platform meets the need for mobile devices to integrate a wide variety of wireless, storage and image/video technology by providing designers solutions including USB 2.0 High Speed OTG, SD/MMC memory, High Speed SDIO for Wi-Fi and Mobile TV, CE-ATA and IDE Hard Disk Drive, and a vast library of other production-proven solutions.

The ArcticLink solution platform is representative of QuickLogic’s Customer Specific Standard Product (CSSP) philosophy, which combines application-specific hard-wired logic with a low-power programmable fabric for implementing additional, customer-specific functionality. This CSSP technology offers mobile product OEMs and ODMs a unique combination of integration, flexibility, small form factor packaging and low cost.

Reinforcing the market need for this technology, the ArcticLink solution platform has already been adopted by a major mobile device OEM; that customer is now receiving shipments of the ArcticLink solution platform, with the on-board programmable fabric customized by QuickLogic to meet the exact requirements of the OEM.

For designers wishing to explore ArcticLink’s capabilities, engineering samples of the ArcticLink solution platform in an 8x8 mm package are now available from QuickLogic. Contact the QuickLogic sales offices for more information and to order samples. Office locations can be found on the company’s website, www.quicklogic.com.

QuickLogic Announces Q1 FY2007 Earnings Conference Call

Thu, 19 Apr 2007 00:00:00 -0500

QuickLogic Corporation (Nasdaq:QUIK), the lowest power programmable solutions leader, has scheduled a conference call to discuss the Company's earnings results for its fiscal first quarter on Thursday, April 26, 2007, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the Company's first quarter 2007 earnings results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on April 26, 2007. The conference call can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call (913) 312-1303 by 2:20 p.m. Pacific Time on April 26, 2007. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode: 4395343. The call recording will be archived until May 3, 2007 and the webcast will be available for 12 months.

QuickLogic Appoints Hide L. Tanigami to QuickLogic’s Board of Directors

Thu, 29 Mar 2007 00:00:00 -0500

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that Hide L. Tanigami, Chairman and Chief Executive Officer of Marubun/Arrow USA, LLC and President and Chief Executive Officer of Marubun USA Corporation, has been named to QuickLogic’s board of directors.

“Hide is a prominent figure in the electronics industry and frequently guides semiconductor companies in doing business between Japan and the United States,” said E. Thomas Hart, QuickLogic’s Chairman, President and CEO. “We are looking forward to gaining the full benefit of his extensive industry knowledge and contacts as QuickLogic continues to expand into mobile markets such as smartphones, portable media players, portable navigation devices and data cards.”

Mr. Tanigami will serve as a Class III director and member of the Nominating and Corporate Governance Committee, with a term that expires on the date of QuickLogic’s Annual Meeting of Stockholders in 2008.

Mr. Tanigami co-founded Catalyst Semiconductor, Inc. and served as its Chairman and Vice President of Corporate Development prior to joining Marubun USA Corporation. In addition to QuickLogic and Marubun/Arrow USA, Mr. Tanigami serves on the board of directors of Ecrio Inc. Mr. Tanigami holds an M.A. degree in applied linguistics from San Francisco State University and a B.A. degree from Kansai University of Foreign Studies.

QuickLogic Announces Termination of SEC Informal Inquiry

Fri, 23 Mar 2007 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK) today announced that the Securities and Exchange Commission (SEC) has formally notified QuickLogic that the SEC informal inquiry related to QuickLogic’s historical stock option granting practices and related accounting has been terminated and that no enforcement action has been recommended to the Commission.

QuickLogic Delivers Ground-Breaking ArcticLink Solution Platform Tailored for the Mobile Market

Mon, 19 Mar 2007 00:00:00 -0500

Fully integrated USB 2.0 High Speed On-the-Go and SD/SDIO/MMC/CE-ATA host controllers provide multiple connectivity options

Programmable fabric supports a diverse suite of additional peripheral connectivity and application processor interfaces for maximum design flexibility

Underscoring its commitment to the mobile electronics market, QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced an integrated programmable connectivity solution platform targeting mobile devices. The revolutionary ArcticLink™ solution platform reduces design time and risk by embedding high performance controllers, a programmable fabric for implementing additional controllers and peripheral connectivity, as well as a selectable processor interface – all in a single, small form factor low power device.

Market Trend

According to a report published by iSuppli in the fourth quarter of 2006, 764 million handsets will ship in 2010 with USB as the most prevalent local interface – representing 63% of the total worldwide handset shipment. Furthermore, Bluetooth shipments in the handset market are predicted to increase significantly to 679 million units in 2010. Both of these data points underscore the potential ubiquity of both technologies in the mobile market. That being said, engineers tasked with integrating these technologies are not free from the risks associated with designing higher speed wired and wireless connectivity into their mobile platform from a performance, time-to-market and battery life perspective.

“QuickLogic is addressing this very real risk component with a multi-faceted technology approach,” said E. Thomas Hart, QuickLogic’s Chairman, President and CEO. “By offering hardwired, high performance controllers along with the ability to customize with a variety of additional functions, the ArcticLink solution platform addresses our customers’ need for integrated, high performance, yet flexible connectivity solutions to enable the rapid adoption of new technology for their mobile products.”

The ArcticLink solution platform supports emerging mobile applications such as smartphones, portable media players, portable navigation systems, portable industrial products, and ExpressCard peripherals for mobile computing.

Solution Platform Architecture

The hardwired interfaces in the ArcticLink solution platform include a USB 2.0 High Speed On-the-Go (OTG) controller with integrated PHY and a SD/SDIO/MMC/CE-ATA host controller. The USB 2.0 OTG controller supports the maximum USB speed of up to 480 Mbps and can be configured as either a host or a device (OTG). The SD/SDIO/MMC/CE-ATA controller provides a SD card 2.0, SDIO host 2.0, MMC 4.1, or CE-ATA 1.10 compliant peripheral interface at speeds of up to 52 MHz. Other functions, such as PCI, IDE, NAND flash controller, additional SDIO host controllers, SPI, Bluetooth 2.0 UART, display controllers and other custom interfaces, can be implemented in the programmable fabric from QuickLogic’s library of proven solutions. The innovative combination of configurability of the fixed modules and programmability of the fabric makes the ArcticLink solution platform extremely flexible and scalable to the needs of mobile electronic designers.

“The level of integration, low power consumption and flexible architecture of the ArcticLink platform make it a compelling companion solution for Marvell® PXA application and communications processor platforms,” said Gary Forni, Director of Platform Enabling, Cellular Handheld Group at Marvell. “Today's announcement of the ArcticLink platform demonstrates the value of QuickLogic's companion solution strategy in portable electronics. QuickLogic is a key member of the Marvell partner program and we work closely to deliver complete system solutions to our customers.”

Benefits of ArcticLink Solution Platform

The ArcticLink solution platform gives developers the ability to quickly harness a wide variety of technologies to their application processors without reducing CPU performance and utilization. The on-chip programmable fabric can be configured to interface to most application processors. An innovative internal split-bus architecture allows the processor to establish sustained and concurrent data transfers between the various host controllers without further intervention. By freeing the processor from these cycle-intensive I/O processing tasks, the ArcticLink solution platform helps reduce bill of material costs and increase battery life by enabling designers to use lower speed grade, lower cost application processors.

Pricing and Availability

The ArcticLink solution platform is expected to begin sampling during Q2, 2007 and be in full production in Q3, 2007. It is available in both an 8x8mm 121-ball CTBGA and a 12x12mm 196-ball TFBGA lead-free package. The ArcticLink solution platform will sell for less than $4 in high volume in 2008.

QuickLogic Extends SDIO Host Controller Solution to Encompass High Capacity Memory

Mon, 12 Mar 2007 00:00:00 -0500

Ability to handle Secure Digital High Capacity (SDHC) cards with greater than 2 GB capacities

Software driver solution is compatible with existing hardware based IP enabling designers to leverage existing IP

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable solutions leader, today announced that it has enhanced its proven SDIO host controller solution with the ability to handle Secure Digital High Capacity (SDHC) memory cards. The host controller can be implemented in QuickLogic’s PolarPro™ or Eclipse II™ device families and is part of the company’s connectivity companion device solutions that address the needs of handheld system designs.

“Secure Digital has become one of the leading standards for flash memory cards that are widely used in smartphones, personal media players, personal navigation devices and digital cameras,” said Brian Faith, QuickLogic’s Vice President, Solution Marketing. “The recent addition of SDHC to the SD standard really underscores the strong demand for ever increasing storage capacity. Our SDIO host controller solution with SDHC support allows designers to easily connect high capacity SD cards to applications processors.”

Target applications for this solution include high capacity storage for navigation systems that hold maps and point-of-interest databases, digital cameras required to hold images, and camcorders that use solid-state recording media. By extending the functionality of the SDIO host controller, QuickLogic provides designers with a fast track for adding SDHC compatibility to their products.

“Alternative solutions may not be hardware compatible with SDHC, and those that are will still require driver upgrades,” notes Faith. “QuickLogic’s SDHC implementation provides a complete solution, including both a hardware and software driver that can be added to new or existing host controller implementations.” The programmability also allows the host controller solution to be configured for attachment to the customer’s processor of choice and to offer a scaleable number of ports.

Availability

QuickLogic’s SDHC enhancement is available immediately for SDIO host controllers implemented in the company’s PolarPro and Eclipse II families. Contact QuickLogic for information on the supported operating systems.

QuickLogic to Present at the 3rd Annual Winter Technology Conference Hosted by Security Research Associates

Tue, 20 Feb 2007 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic solutions leader, will present at the 3rd Annual Winter Technology Conference Hosted by Security Research Associates in San Francisco on February 26, 2007. Mr. Carl Mills, QuickLogic’s chief financial officer, is scheduled to present. During the presentation, Mr. Mills will provide an overview of the company’s strategy, industry trends influencing its business, and the company’s value proposition. A webcast of the presentation will be available:

Date: Monday, February 26, 2007

Time: 5:30 p.m. ET / 2:30 p.m. PT for the live presentation

Location: On the web at http://ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for 90 days.

QuickLogic Tapped for Marvell PXA3xx Smartphone Concept Platform

Mon, 12 Feb 2007 00:00:00 -0600

High performance connectivity to SD Memory Cards, CE-ATA Micro Hard Disk Drives (HDDs) and other SDIO-based peripherals

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable logic solutions leader, today announced that its customizable SD/SDIO/CE-ATA host controller solution is a core component in Marvell’s PXA3xx 3G Smartphone Concept Platform, code-named Dracut, being demonstrated at the 2007 3GSM World Congress in Barcelona, Spain. The platform will aide independent software vendors in developing and evaluating new mobile services as well as serve as a reference design for handset manufacturers.

“We are thrilled to be an integral piece of Marvell’s concept platform,” said Jing Ma, QuickLogic’s director of partnerships and strategic alliances. “Developers now have an opportunity to evaluate our combined solution in operation. With QuickLogic’s integrated low power programmable fabric, handset designers can customize the platform for different end product requirements, features, geographies, and operators.”

Because the configurable SD/SDIO/CE-ATA host controller solution is implemented in QuickLogic’s PolarPro programmable fabric, developers can specify the number and types of host controllers in the final product, enabling a variety of handset design variants to be delivered from the same base hardware and software platform.

Marvell’s Dracut 3G smartphone concept platform is being demonstrated at the 2007 3GSM World Congress in booth CY05 Courtyard Pavilion. Contact QuickLogic directly for additional information on the SD/SDIO/CE-ATA host controller solution.

QuickLogic Adds Unique Key and Serial Number Identification to Programmable Solutions

Mon, 12 Feb 2007 00:00:00 -0600

The option of unique keys and/or serial numbers to be programmed into each device allows for identification, digital rights management (DRM) and data security in applications

“Bulletproof”tamper protection of keys owing to QuickLogic’s patented technology

No power – battery or otherwise – required to sustain keys

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable logic solutions leader, today announced the capability of programming user-customizable, unique keys and serial identification numbers into all devices. These keys and identification numbers conform to a customer-supplied list and can serve as the basis for a variety of content protection standards and algorithms.

“As more copyrighted material is finding its way into mobile devices, protection of this asset is fast becoming a critical requirement to preserve both R&D investments and profitable revenue streams of content providers,” says Brian Faith, QuickLogic’s Senior Director of Marketing. “Most content protection standards require the use of a unique numeric value stored in non-volatile technology somewhere in the system. By programming a unique key or serial number into our programmable solutions, designers can eliminate the need for specialized non-volatile memories, thereby reducing Bill-of-Materials costs and freeing up precious PCB-space.”

This new capability provides designers with the opportunity to incorporate a secure, unique numeric value as long as 256 bits into the programmable fabric. Companies can provide QuickLogic with their list of desired numeric values, and will receive programmed devices in return, each incorporating a unique numeric value from their list.

The numeric value can serve as a serial number for product identification, as a private key for data encryption and content protection algorithms, or any other purpose that requires a unique value in each device.

Unparallel Security

Through a proprietary method for implementing this capability along with QuickLogic’s patented ViaLink® technology, the possibility of “hackers” gaining access to the unique keys and numbers is virtually eliminated. The technology also precludes tampering with the unique, programmed information.

QuickLogic handles all manufacturing and logistical details required to program the user-customizable values into customer devices. This capability is available for solutions based on PolarPro™ and Eclipse™ II technologies for less than 10 cents in volume.

QuickLogic Storage Solution Portfolio Runs the Gamut with Addition of NAND Flash Controller

Mon, 05 Feb 2007 00:00:00 -0600

Enables rapid adoption of NAND Flash into portable systems with application processors lacking NAND interface

Solution supports NAND devices from all major NAND Flash vendors

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced the introduction of a full featured NAND Flash memory controller solution for its ultra-low power PolarPro™ and Eclipse™ II families. Architected with direct input from customers in the portable electronic market, the NAND Flash controller solution is designed to interface with a host of application processors used in portable designs, such as the Marvel® PXA2xx and Analog Devices® Blackfin® DSP processor families. This introduction extends the spectrum of QuickLogic’s storage solution portfolio from various versions of micro hard disk drives and SD Card memory to raw NAND Flash.

“NAND Flash memory provides portable systems with non-volatile, high-capacity storage similar to hard disk drives, but with higher reliability, smaller form factors and lower energy consumption than electromechanical solutions,” says Howard Li, QuickLogic’s Senior Marketing Manager for connectivity solutions. “However, some application processors, such as the PXA2xx and the BF5xx, do not have native support for NAND Flash. QuickLogic’s NAND Flash solution provides the controller functionality in silicon, achieving higher system performance and much lower CPU utilization than software-based alternatives.”

Based on QuickLogic’s patented, ultra-low power programmable technology, the NAND Flash solution is ideal for handheld systems needing to add Flash file storage. The implementation can operate with as little as 20 mA at 1.8V and can provide throughput as fast as 12 Mbytes/sec while reading and 10 Mbytes/sec while writing. The low CPU utilization enables designers of these systems to use less costly speed grades of the application processor and consume less energy, optimizing for both Bill-of-Materials (BOM) cost and battery life.

Key Features

QuickLogic’s NAND Flash solution incorporates key features required to ease the design of portable electronic systems. The solution supports automatic 1-bit error correction, 2-bit error detection, hardware sector buffering, marking of bad blocks, and registers for implementation of wear leveling algorithms.

The NAND Flash solution supports glueless connectivity to the application processor, using a 16- or 32-bit local bus, and handles one x8 Flash device or two x8 devices in parallel. Both large and small block Flash devices from leading flash vendors such as Samsung and Toshiba may be used with the NAND Flash solution. Software drivers are available for both Linux and WinCE.

Price and Availability

QuickLogic’s NAND Flash controller solution can be implemented in PolarPro technology for $2 in high volume.

QuickLogic Announces Fiscal 2006 and Fourth Quarter Results — New Products Contribute 20% of 2006 Revenue

Wed, 31 Jan 2007 00:00:00 -0600

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2006.

Revenue for 2006 was $34.9 million, down 28 percent from $48.3 million in 2005. The change in revenue was primarily due to the Company’s pASIC® 1 and pASIC 2 end-of-life program, which was partially offset by revenue growth from new products. These new products – Eclipse™ II, QuickPCI® II, PolarPro™ and QuickMIPS – contributed 20 percent of revenue in 2006, compared with four percent of revenue in 2005.

Under generally accepted accounting principles (GAAP), the 2006 net loss was $9.2 million, or $0.32 per share, compared with net income of $2.4 million, or $.08 per diluted share, in 2005. On a non-GAAP basis, the 2006 net loss was $7.7 million, or $0.27 per share, compared with net income of $3.9 million, or $0.14 per diluted share, in 2005.

Revenue for the fourth quarter of 2006 was $7.7 million, compared with $10.3 million in the fourth quarter of 2005 and $8.6 million in the third quarter of 2006. New products contributed 18 percent of revenue in the fourth quarter of 2006, compared with 12 percent of revenue in the fourth quarter of 2005 and 27 percent of revenue in the third quarter of 2006. For the first time, Aeroflex Incorporated reported royalty revenue to the Company, based on the sale of Aeroflex products which utilize QuickLogic’s ViaLink® technology. Royalties contributed nine percent of fourth quarter revenue.

Under GAAP, the net loss for the fourth quarter of 2006 was $3.3 million, or $0.12 per share. This compares with a net loss of $456,000, or $0.02 per share, in the fourth quarter of 2005 and with a net loss of $3.0 million, or $0.10 per share, in the third quarter of 2006.

On a non-GAAP basis, the net loss for the fourth quarter of 2006 was $3.0 million, or $0.11 per share, compared with a net loss of $456,000, or $0.02 per share, in the fourth quarter of 2005 and with a net loss of $2.6 million, or $0.09 per share, in the third quarter of 2006.

QuickLogic reports net income, or loss, in accordance with GAAP and also on a non-GAAP basis to highlight infrequent or non-recurring charges. Non-GAAP results, where applicable, exclude stock-based compensation recorded in accordance with Statement of Financial Accounting Standards (SFAS) No. 123(R), “Share-based Payment,” the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd.

“In the short term, our new product revenue is fluctuating with the demand of a few customers,” said E. Thomas Hart, chairman, president and CEO. “However, there continues to be strong interest in our low-power solutions, coupled with higher activity with Marvell Semiconductor, our embedded processor partner. We are focused on turning this interest into a significant customer base. We fully expect to expand our new product customer base this year.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, January 31, 2007, to discuss the fiscal year and fourth quarter financial results. The conference call is being webcast and can be accessed via QuickLogic’s website at www.quicklogic.com/investors. To participate, please call (913) 981-5545 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 1249985. The call recording will be archived until February 7, 2007 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company excludes charges related to stock-based compensation, the effect of the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd. in calculating non-GAAP (i) income (loss) from operations, (ii) net income (loss), (iii) net income (loss) per share, (iv) cost of revenue, and (v) certain operating expenses, including research and development and selling, general and administrative. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry. Investors should note, however, that the non-GAAP financial measures used by the Company may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. The Company does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP net income (loss) to non-GAAP net income (loss) is included in the financial statements portion of this release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic Receives Final Decision for Continued Listing on the Nasdaq Global Market

Thu, 18 Jan 2007 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK) announced today it has received a decision from the Nasdaq Listing Qualifications Panel (“the Panel”) dated January 12, 2007 confirming the continued listing of the Company’s securities on The Nasdaq Global Market. The Panel determined that the Company has fully complied with the requirements for continued listing set out by the Panel in a letter sent to the Company on December 13, 2006 and has otherwise demonstrated compliance with all Nasdaq Marketplace Rules.

QuickLogic Introduces Small Form Factor Packaging for Space Constrained Handheld Electronics

Wed, 17 Jan 2007 00:00:00 -0600

Ultra low-power PolarPro and Eclipse II FGPAs now available in 6x6 mm and 8x8 mm packages with up to 196 balls

Optimized solution for space and power constrained applications

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced that devices in the PolarPro™ and Eclipse™ II FPGA families are now available in 6x6 mm and 8x8 mm small form factor packages. The advanced packaging meets the aggressive requirements of handheld electronics integrating storage, wireless, mobile TV and other emerging technologies.

The PolarPro family members, QL1P075, QL1P100, QL1P200 and QL1P300 and the Eclipse II QL8150 are available in 8x8 mm packages while the Eclipse II QL8050 is packaged in a 6x6 mm package. Designers using these new small form factor packages can not only optimize the overall system cost and battery life, but they also benefit greatly by integrating more functionality into significantly less board space. Both the QuickWorks® 9.8.2 design tools and System General programming tools support these new packages.

“Handheld device manufacturers continue to have time-to-market, cost, battery life and PCB area constraints. QuickLogic continues to deliver innovative solutions that solve these fundamental challenges” said Brian Faith, QuickLogic’s Senior Director of Marketing. “In short, we’ve made it our goal to address the critical issues of the portable designer.”

For further technical information, please visit the product pages at www.quicklogic.com/polarpro or www.quicklogic.com/eclipseII to find the specific FPGA solution to your portable design challenges.

QuickLogic Files Form 10-Q for the Third Quarter of 2006

Wed, 10 Jan 2007 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK) announced today that it has filed its quarterly report on Form 10-Q for its fiscal third quarter ended October 1, 2006. Today’s filing fulfills the requirements set out by the Nasdaq Listing Qualifications Panel (“the Panel”) in their decision received on December 13, 2006 allowing QuickLogic’s securities to continue to be listed on The Nasdaq Global Market. QuickLogic anticipates receiving notification that the matter has been closed by the Panel in the near future. A complete copy of the Form 10-Q filing can be obtained at the investor relations section of the QuickLogic web site at www.quicklogic.com.

“We are pleased to have completed the internal review of our stock option granting practices and related accounting and to have filed our quarterly reports with the SEC,” said E. Thomas Hart, chairman, president and CEO. “This filing now brings us current with the SEC’s and NASDAQ’s filing requirements. With this review successfully behind us, we look forward to holding a full earnings conference call at the end of January to discuss the fourth quarter financials and our progress in becoming the market leader in providing the lowest power programmable logic solutions.”

QuickLogic to Showcase New Solution Demos at Consumer Electronics Show (CES) in Las Vegas

Mon, 08 Jan 2007 00:00:00 -0600

QuickLogic® Corporation (NASDAQ:QUIK) will be showcasing a large selection of CE demos based on QuickLogic solutions during the CES show in Las Vegas, Jan 8-11, 2007. Please visit QuickLogic’s suite at the Circus Circus Hotel and Casino. To register for a specific time to visit QuickLogic’s private suite 1544, please go to: www.quicklogic.com/ces

QuickLogic Demos Overview

The QuickLogic suite features end product demos and reference platforms that use the company’s latest solutions, ideal for portable, convergent CE products requiring wireless connectivity, mass storage and digital TV. Examples of such products include Smartphones, Portable Media Players, Portable Navigation Devices, PDAs, and Gaming Systems. For designers looking for a cost-efficient, system-verified solution for CE products without negatively impacting their power budget, QuickLogic solutions, based on PolarPro™ and Eclipse® II technology, are optimized for long battery life, enhanced user experience and small form factor.

Demos shown in the QuickLogic suite includes:

Smartphone Reference Platform

CE-ATA Hard Disk Drive (HDD) / SDIO/ SD Card Solution - This reference platform integrates high performance CE-ATA and SDIO host controllers for the Marvell® PXA3xx application processors for connectivity to a variety of storage and wireless technologies.
TV-Out Solution with XY Swap Capability – The emerging requirement for Smartphones to support the TV-Out function with simultaneously active landscape and portrait displays is enabled by this QuickLogic solution. Support for both NTSC and PAL displays is possible through the solution’s active framerate control management.

Portable Media Player (PMP) Demo

The first PMP reference platform supports broadband 3G connectivity via HSDPA, multimedia storage via an integrated HDD, and wireless distribution of media content via UltraWideBand technology. QuickLogic’s companion solution for the Marvell® PXA270 application processor enables the critical communication link to the HDD and the wireless modules.
A second PMP platform is based on an Analog Devices Blackfin® DSP, and plays back multimedia content stored from an SD Card memory. QuickLogic’s companion device for the Blackfin® family of DSPs enables high performance connectivity to the SD memory card – critical to storing and playing high quality audio/video content.

Portable Navigation Devices

Magellan® GPS system – QuickLogic’s HDD companion solution connects the Marvell® PXA270 application processor to the external HDD. The QuickLogic solution not only solves the fundamental connectivity issue, but with an elegant DMA algorithm, also reduces the processor bus utilization resulting in an enhanced user experience.

Other Demos

Alioth customer product demonstration- QuickLogic’s HDD Solution is used to display movie content at kiosks in real time. This demo shows a completeapplication processor and HDD solution, based on the Marvell® PXA270. QuickLogic provides a drop-in IDE system solution including Linux drivers.
Marvell® Mainstone DVK demonstration with Wireless LAN, PCI and IDE Solution – QuickLogic’s companion solution communicates between the Marvell® PXA270 processor, a WLAN module, and a HDD.
Low Power Demo Board – If you are searching for the lowest power FPGA, this demo platform leaves no doubt that QuickLogic’s PolarPro technology is second to none in power consumption, providing designers of portable CE equipment a programmable platform ideal for solving IO and Data processing challenges, while preserving precious battery life.

The Cold Hard Facts about Low Power Programmable Logic

Wed, 27 Dec 2006 00:00:00 -0600

QuickLogic’s power comparison resource package includes a low power video, demo platform, white paper and micro site

Demo platform compares leading low power programmable logic from QuickLogic, Xilinx, Altera and Lattice

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced its “Power Comparison Resource Package” that includes a low power programmable logic video, power comparison demo platform, a white paper created by a third-party consultant and a micro website. The purpose of this package is to help designers compare FPGAs and CPLDs between the leading vendors in order to make the best decisions based on design power constraints and requirements.

QuickLogic contracted a third party to study the design issues around low power FPGA and CPLD technology and author a white paper describing different architectures. The white paper presents actual board-level test data comparing each vendors’ “low power” programmable logic, including details on why and when different architectures will consume excessive amounts of power. The data includes in-rush current at device start-up together with static, dynamic and idle-mode power consumptions during normal operation.

The demo platform video clip and the power consumption white paper are available at no cost and can be downloaded from www.quicklogic.com/powerdemo

The demo platform can also be viewed live at the Consumer Electronics Show (CES) in Las Vegas, NV from January 8 to January 11, 2007 at the QuickLogic Demo Suite at the Circus Circus Hotel. To register please go to http://www.quicklogic.com/cesdemo

“The need to quickly and easily integrate more functionality within ever-decreasing board space, power budgets and market windows drives designers of portable electronics towards using flexible, low power programmable logic solutions,” said Brian Faith, QuickLogic’s Senior Director of Marketing. “However, selecting the right programmable logic isn’t easy and low power claims are often that—just claims. With our Low Power Programmable Logic Comparison Package, we’ve taken the guesswork out of comparing devices so designers can focus on design and not on creating comparison metrics or trying to sort through oft-times confusing data sheets.”

QuickLogic Completes Internal Stock Option Review and Files Form 10-Q for the Second Quarter

Fri, 22 Dec 2006 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK) today announced that it has completed its internal stock option review and filed its quarterly report on Form 10-Q for the fiscal second quarter ending July 2, 2006. The Form 10-Q includes a description of the Company's internal review of stock option accounting and related practices and its findings, including the following summary:

Under the direction of the Audit Committee of the Board of Directors, the Company voluntarily initiated and has now concluded an internal review of the Company’s historical stock option granting practices and related accounting for the period from October 15, 1999, the date of its initial public offering, through July 28, 2006. The review was initiated by the Audit Committee in response to media attention about stock option practices at other companies. The Company did not find any systematic or pervasive practices to account for stock options in a manner inconsistent with generally accepted accounting principles (“GAAP”) or the Company’s stated policies and procedures. However, based on the results of the review and the Company’s analysis of the facts, the Company determined that there were certain errors committed in the process of documenting grants and accounting for stock options associated with measurement dates, grants prior to meeting the definition of an employee under GAAP, non-employee grants, modification of options and previously reported deferred stock compensation charges. A total pre-tax stock-based compensation charge of $964,000 is associated with these identified errors that should have been reported in previously issued consolidated financial statements had they been identified in the proper period. After considering all of the quantitative and qualitative factors in accordance with Staff Accounting Bulleting No. 99, “Materiality,” the Company determined that these adjustments were not material to any prior year and, thus, the Company has not restated its consolidated financial statements for prior periods. However, given that the effect of correcting these errors in 2006 would cause the 2006 consolidated financial statements to be materially misstated, the Company concluded that the cumulative effect adjustment method of initially applying the guidance of SEC Staff Accounting Bulleting No. 108, “Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements,” was appropriate. Accordingly, the cumulative effect of the adjustment was reflected as an increase to the carrying amount of additional paid-in capital as of January 1, 2006, with an offsetting entry to accumulated deficit.

Additional information concerning the review is included in our quarterly report on Form 10-Q filed with the Securities and Exchange Commission earlier today.

Today’s filing of QuickLogic’s quarterly report on Form 10-Q for the second quarter of 2006 was made in conformance with an extension of time to complete and file its required periodic reports granted by the Nasdaq Listing Qualifications Panel (“the Panel”). Pursuant to a decision letter from the Panel received on December 13, 2006, QuickLogic’s securities will continue to be listed on The Nasdaq Global Market, subject to: (i) filing on or before December 22, 2006 the Company’s quarterly report on Form 10-Q for the period ending July 2, 2006, which filing has been made; (ii) providing the Nasdaq Hearing Department with certain other requested information on or before December 22, 2006, which information has been provided; and (iii) filing on or before January 12, 2007 the Company’s quarterly report on Form 10-Q for the period ending October 1, 2006. Although the Company has satisfied or expects to satisfy each of these conditions on or before the required dates, there can be no assurance that QuickLogic will remain listed on The Nasdaq Global Market unless and until the Company fully satisfies the terms and conditions of the Panel’s decision.

QuickLogic Delivers SDIO and CE-ATA Solutions for Marvell PXA3xx Processor Family

Wed, 29 Nov 2006 00:00:00 -0600

QuickLogic’s low power connectivity solutions provide fast time to market and design flexibility for handheld consumer electronics applications

QuickLogic Corporation (NASDAQ: QUIK), a low power programmable logic leader, today announced the availability of ultra-low power connectivity solutions between SDIO and CE-ATA-based peripherals and Marvell’s newest generation PXA3xx processor family. The solutions have been system-proven through a QuickLogic daughter board connecting to a Sophia Systems Marvell® PXA3xx-based evaluation board.

The QuickLogic solutions are based on PolarProTM FPGA technology, and integrate high performance host controllers for the Marvell PXA3xx embedded microprocessors, and SDIO and/or CE-ATA peripherals and/or any SD memories. The inherent benefits of PolarPro FPGAs include fast design times, design flexibility, increased battery life, reduced board space and a high rate of successful first-time designs. These attributes are critical for components designed into the high-performance, low-power target applications for the PXA3xx processors such as smart phones and portable game/media players.

“We are delighted to collaborate with Marvell and deliver peripheral connectivity solutions in conjunction with the new processor announcement” said Brian Faith, QuickLogic’s Senior Director of Marketing. “This gives our mutual customers a competitive edge when introducing new products since they can now avoid the lengthy design times needed for implementing such critical functions in media rich handheld mobile products.”

“Today’s announcement highlights QuickLogic’s commitment to continuously deliver solutions for Marvell’s application processors,” said Marvell’s Gary Forni, Director of Platform Enabling, Cellular and Handheld Business Unit, Communications and Consumer Business Group at Marvell. “We are delighted to have QuickLogic solutions help us extend our reach to standard peripherals such as HDD, Wi-Fi, SD Card, and Mobile TV for the PXA3xx family of application processors. QuickLogic provides hardware-proven solutions allowing customers to quickly define and develop high-quality products without spending significant time verifying peripheral interfaces.”

About PolarPro FPGAs

The PolarPro FPGAs features include a Very Low Power (VLP) mode in which the device draws less than 5μA of standby current, a level never before seen for FPGAs of this density. The VLP mode also retains the state of the device, including IOs, which greatly simplifies system design. The PolarPro family of devices includes a highly flexible embedded RAM block with built in FIFO controller logic, which enables fast guaranteed performance and cost effective implementations. For additional technical details on the PolarPro family of FPGAs, go to www.quicklogic.com/polarpro.

QuickLogic Receives Nasdaq Notice Regarding Delayed Filing of Form 10-Q

Mon, 20 Nov 2006 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced that it received a Nasdaq Staff Determination notice on November 14, 2006 stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Marketplace Rule 4310(c)(14) because it has not timely filed its Quarterly Report on Form 10-Q for the quarter ended October 1, 2006, and that its securities are, therefore, subject to delisting from the Nasdaq Global Market. The Company previously announced it received a Staff Determination Letter because it has not timely filed its Quarterly Report on Form 10-Q for the quarter ended July 2, 2006.

As disclosed in its October 25, 2006 press release, the Company’s internal review of stock option practices and related accounting has not been completed. Accordingly, the Company will file its quarterly reports on Form 10-Q for the second and third fiscal quarters once the review is complete. The Company will make every effort to complete its review and provide full financial results as soon as practicable.

QuickLogic had a hearing with the Nasdaq Qualifications Listing Panel on September 26, 2006 and has not received a decision from the Panel. The November 14, 2006 Nasdaq Staff Determination notice indicated that the Nasdaq Listing Qualification Panel will also consider the not timely filed third quarter report in rendering a determination regarding the Company’s continued listing on The Nasdaq Global Market. QuickLogic will present its views with respect to this matter to the hearing panel. Pending a decision by the hearing panel, QuickLogic’s common stock will remain listed on The Nasdaq Global Market. However, there can be no assurance that the hearing panel will grant the Company’s request for continued listing.

Andrew J. Pease to Lead QuickLogic’s Global Sales Force

Tue, 14 Nov 2006 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced that Andrew J. Pease has joined the company as vice president of world wide sales. With an impressive track record spanning over 20 years, Pease will be responsible for executing QuickLogic’s lowest power programmable logic solutions strategies and leading all of the company’s sales activities.

Pease comes to QuickLogic from Broadcom Corporation, a global leader in semiconductors for wired and wireless communications, where he was senior vice president of world wide sales for three years. During his tenure there he drove 37% annual revenue growth and significant customer base expansion. Prior to that, he held the same title at Syntricity Incorporated, Vantis Corporation and Integrated Systems Incorporated. He has also held various sales and operations roles at Advanced Micro Devices and Data Trak. Pease holds a master’s degree in Computer Science from the Naval Postgraduate School in Monterey and a Bachelor’s degree in Operational Analysis from the U.S. Naval Academy.

“Andy’s strong background and experience in semiconductor sales and sales leadership will be key to both shaping and achieving QuickLogic’s vision of becoming the market leader in providing the lowest-power programmable logic solutions,” said Tom Hart, Chairman, President and CEO. “Andy’s leadership talents and his long list of achievements will serve as an excellent foundation on which we expect to build a market leadership position as QuickLogic continues to expand its penetration into hand-held, battery powered “prosumer” products such as Smartphones, Portable Media Players (PMPs), Personal Navigational Devices (PND) and Portable Industrial devices, where fast time to market with reduced risk, energy efficiency and small footprint are becoming critical for their success.”

QuickLogic to Present at the AeA Classic Financial Conference on November 7 – 8, 2006

Thu, 02 Nov 2006 00:00:00 -0600

QuickLogic® Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, will present at the AeA Classic Financial Conference in Monterey, California on November 7th and 8th. Mr. E. Thomas Hart, QuickLogic chairman, president and CEO, is scheduled to present on both days. During the presentation, Mr. Hart will provide an overview of the company’s strategy, industry trends influencing its business, and the company’s value proposition. A webcast of the presentation will be available:

Date: Wednesday, November 8, 2006

Time: 2:00 p.m. ET / 11:00 a.m. PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for one year.

QuickLogic Announces Third Quarter Revenue — New Products Contribute 27% of Revenue

Wed, 25 Oct 2006 00:00:00 -0500

Note to Editors:Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced its revenue results for the third quarter ended September 30, 2006. Additional financial results for the third quarter will be available as soon as practicable after the Company’s internal review of historical stock option practices and related accounting is completed.

Revenue for the third quarter of 2006 was $8.6 million, down seven percent compared with the second quarter of 2006, and down 32 percent compared with the third quarter of 2005. The year-over-year change in revenue was primarily due to both the Company’s pASIC 1 and pASIC 2 end-of-life program and to reduced sales for specific military applications, which was partially offset by revenue growth from its new products. These new products – Eclipse II, QuickPCI II, PolarPro and QuickMIPS – contributed 27 percent of revenue in the third quarter of 2006, compared with 25 percent of revenue in the second quarter of 2006 and four percent of revenue in the third quarter of 2005.

The Company also reported that the historical financial impact of its previously announced internal review of stock option practices and related accounting is not yet known. The Company will not announce its full financial results nor file its quarterly reports on Form 10-Q for the third quarter ended September 30, 2006 or the second quarter ended June 30, 2006 until after the completion of the review. The Company will make every effort to complete its review and provide full financial results as soon as practicable. Company executives will refrain from commenting further until the review is concluded.

“New product revenue grew in the third quarter to be 27 percent of total revenue. While we are disappointed with our total revenue results, we continue to be confident in our future due to customer response to the compelling advantage of our lowest-power solutions,” said E. Thomas Hart, chairman, president and CEO. “In addition, we finished the quarter with a cash position of $29.8 million.”

Conference Call

QuickLogic will hold a conference call at 2:30 pm Pacific Time today, October 25, 2006, to discuss the third quarter revenue results. The conference call is being webcast and can be accessed via QuickLogic’s website at ir.quicklogic.com. To participate, please call (913) 981-4900 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 2103410. The call recording will be archived until November 1, 2006 and the webcast will be available for 12 months.

E.Thomas Hart, Chairman, President and CEO of QuickLogic Corporation Is Finalist for World Technology Award

Tue, 24 Oct 2006 00:00:00 -0500

The World Technology Network (WTN) today announced that E. Thomas Hart, chairman, president and chief executive officer of QuickLogic Corporation, has advanced to the finalist list as a nominee for a 2006 WTN Award, presented by the World Technology Network in association with the New York Stock Exchange, Dow Chemical, TIME magazine and CNN, among others. Mr. Hart joins eight other distinguished Fellows in the IT Hardware category, who are eligible to win this year’s award.

Winners will be announced Nov. 3, 2006, at the World Technology Awards gala ceremony at The Fairmont hotel in San Francisco at the conclusion of the two-day WTN Summit. The World Technology Award honors individuals and corporations from twenty technology-related sectors, including biotechnology, space, energy, ethics, design and entertainment. Nominees were identified based on an intensive, global selection process by the nomination and review committee, which is comprised of approximately 1,000 WTN members from more than 60 countries.

"It is an honor to be nominated by industry luminaries for the IT Hardware category of the 2006 World Technology Awards,” said E. Thomas Hart, chairman, president and CEO of QuickLogic. “I am proud of the work our team has done here at QuickLogic in creating disruptive technology that can dramatically increase battery life while reducing cost, risk and time to market for portable consumer electronics devices.”

“The World Technology Awards program is not only a very inspiring way to identify and honor the most innovative people and organizations in the technology world, but it also is a truly disciplined way for the WTN membership to identify those who will formally join them, as WTN Fellows, as part of our global community,” said James P. Clark, founder and chairman of the World Technology Network. “By working to make useful connections among our members, we look forward to assisting Mr. Hart in his continued efforts to create our collective future and change our world."

This year’s Summit will also include a Chief Technology Officers (CTO) Showcase, enabling a small selection of companies to discuss their work in detail with Summit delegates. For more information on the World Technology Network, World Technology Awards and World Technology Summit, please visit this website: www.wtn.net

About World Technology Network

The World Technology Network is a New York-headquartered organization that was created to "encourage serendipity" - happy accidents - amongst those individuals and companies deemed by their peers to be the most innovative in the science and technology world. The WTN's areas of interest range from IT and communications to biotech, energy, materials, space, as well as related fields such as finance, marketing, policy, law, design, and ethics. Each year, WTN members are brought together through an ongoing global series of regional roundtables, global Summits, and other events. In 2004, the WTN also convened the World Energy Technologies Summit at UNESCO headquarters in Paris. The WTN also publishes "WTN Update”, a monthly collection of news items covering the innovative work of the WTN members. The central events in the WTN calendar include the annual World Technology Summit and World Technology Awards - the culmination of a global judging program through which new members are nominated and selected and by which the network grows and is refreshed.

About E. Thomas Hart

E. Thomas Hart has served as QuickLogic President, Chief Executive Officer and a member of the Board of Directors since he joined QuickLogic in June 1994, and as Chairman of the Board since April, 2001. Prior to joining QuickLogic, Mr. Hart was Vice President and General Manager of the Advanced Networks Division at National Semiconductor Corporation, a semiconductor manufacturing company, where he worked from September 1992 to June 1994. Mr. Hart’s earlier experience includes senior level management responsibilities in semiconductor operations, engineering, sales and marketing with several companies including Motorola Semiconductor , and National Semiconductor. Mr. Hart retired from the United States Navy, with the rank of Captain, after serving 37 years on active and reserve duty, the last 28 years of which were in the Naval Intelligence community. Mr. Hart holds a B.Sc. in Electrical Engineering from the University of Washington.

QuickLogic Announces Q3 FY2006 Revenue Results Conference Call

Mon, 16 Oct 2006 00:00:00 -0500

QuickLogic Corporation (Nasdaq:QUIK), the lowest power programmable logic leader, has scheduled a conference call to discuss the company's revenue results for its third quarter 2006 on Wednesday, October 25th, 2006, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's third quarter 2006 revenue results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on October 25th, 2006. The conference call can be accessed via QuickLogic's website at ir.quicklogic.com. For access to the live conference call, please call (913) 981-4900 by 2:20 p.m. Pacific Time on October 25th, 2006. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode: 2103410. The call recording will be archived until November 1st, 2006 and the webcast will be available for 12 months.

QuickLogic PolarPro: Leader in Lowest Power FPGAs in Production

Wed, 04 Oct 2006 00:00:00 -0500

300,000 logic gates with Embedded SRAM at 5μAmps available in production quantities today

On schedule production release of two new PolarPro devices establishes QuickLogic’s commitment to bring product to market quickly

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced they have broken new ground in FPGA power consumption with the PolarPro QL1P300 and QL1P200. These 300,000 and 200,000 gate devices with embedded SRAM have been sampling since June 2006 and are now available in fully qualified, production quantities.

These devices are the third and fourth members of the PolarPro family of FPGAs reaching full production status, joining the QL1P075 and QL1P100, announced in May 2006. By combining the flexibility and fast development times of FPGAs with ASIC-like density and very low power consumption, the QL1P200 and QL1P300 create solutions for consumer electronics products such as Smartphones, Personal Media Players (PMPs), portable navigation devices, and industrial handheld products.

To address the critical issue of integrating more peripherals, such as hard disk drives, Wi-Fi chipsets and Mobile TV chipsets, into handheld products, while minimizing energy consumption, PolarPro FPGAs provide engineers with advanced energy-savings techniques. Both the QL1P200 and QL1P300 have a “clock gate” feature allowing designers to directly disconnect the clock trees in the PolarPro device on the fly without having to worry about “glitches” or “runt clocks.” As a result, engineers can implement efficient clock management schemes and lower the dynamic power consumption significantly.

“QuickLogic continues to supply the industry with the leading FPGAs for consumer applications by combining the critical features of low power, high performance and high density,” said Brian Faith, QuickLogic’s Senior Director of Marketing. “Our ultra low-power products extend battery life by as much as 4x giving our customers a significant advantage over their competitors.”

Technical Highlights

The QL1P300 and QL1P200 features include a Very Low Power (VLP) mode in which the device draws less than 5μA of standby current, a level never before seen for FPGAs of this density. The VLP mode also retains the state of the device, including IOs, which greatly simplifies system design. The PolarPro family of devices includes a highly flexible embedded RAM block with built in FIFO controller logic, which enables fast guaranteed performance and cost effective implementations. For additional technical details on the PolarPro family of FPGAs, go to www.quicklogic.com/polarpro.

Software Support

The QL1P200 and QL1P300 are supported in QuickWorks 9.8.2 available for download from www.quicklogic.com/downloads

Availability and Pricing

The QL1P300 and QL1P200 is now in production and is packaged in a 17x17, 256 balls Thin Fine-pitch Ball Grid Array (TFBGA). Pricing starts at $5 in high volume quantities. For additional information, please visit www.quicklogic.com/polarpro.

QuickLogic Launches Complete Programmable CE-ATA Solution at Intel Developer Forum

Tue, 26 Sep 2006 00:00:00 -0500

QuickLogic delivers the only proven programmable CE-ATA storage solution to the consumer electronics market

QuickLogic Companion Devices provide CE-ATA support for a variety of low power embedded processors, including the PXA270 and Intel Monahans Platform family

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader is co-sponsoring the CE-ATA booth at the Intel® Developer Forum (IDF) September 26-28 in San Francisco. Please visit booth #1002 to view the QuickLogic demo showcasing a complete programmable CE-ATA solution.

QuickLogic’s broad range of small form factor FPGAs and companion devices address the handheld market by providing a complete solution including system-proven silicon and intellectual property, WinCE and Linux software drivers, reference designs, development boards and QuickLogic’s renowned design services. These companion devices based on the lowest power, production-released family of PolarProTM FPGAs, enable consumer electronics designers to decrease system cost and design times while providing the key advantages of flexibility, increased battery life, and uncompromised performance.

“QuickLogic's complete programmable CE-ATA solution enabled us to bring innovative products to the consumer electronics market in a very fast, energy efficient, and cost-effective manner,” said Ian Murphy, Technical Director at PlexTek, an electronics design services company based in the UK. “Its flexibility allowed us to integrate custom
functions and interface logic for the embedded processor of our choice. I am very pleased with the close collaboration and support we have received from QuickLogic's Design Services and customer support team. Their demonstrated expertise in handheld applications enables our products to be delivered to market on time and on budget.”

The CE-ATA solution is being demonstrated on the Intel PXA Development Kit, with a QuickLogic Mobile Application Board interfacing with a Hitachi CE-ATA Hard Disk Drive through a SDIO to CE-ATA adapter, and Linux drivers from embWiSe Technologies, Pvt., Ltd. “We believe that IDF attendees will be impressed with the complete CE-ATA solution from QuickLogic,” said Howard Li, Sr. Marketing Manager for Connectivity Solutions at QuickLogic. “We have worked closely with our partners to create a strong ecosystem around CE-ATA. By doing so, QuickLogic is able to deliver the only proven programmable turnkey CE-ATA solution available to the market today.”

“We are privileged to have a synergistic business association with QuickLogic,” said Srini G. Srinivasan, Managing Director of embWiSe. “With its PolarPro and Eclipse II™ ultra low power FPGAs and IP portfolio for mobile connectivity and storage, QuickLogic offers a compelling solution for mobile and handheld applications. Our Linux SD/SDIO/MMC/CE-ATA software stack already has several design-ins in the mobile communications and mobile CE markets. We have achieved a high Read/Write performance with our stack on QuickLogic’s Mobile Application Board and tested with the CE-ATA hard drive from Hitachi. We are positive that our collaborative hardware-software solutions will offer a significant value-add to customers, in terms of reduced engineering and time-to-market costs, in addition to longer battery life.”

For more information about QuickLogic’s storage solutions, please visit www.quicklogic.com/hdd, and for more information on QuickLogic’s ultra low power FPGAs, please visit www.quicklogic.com/lowpower.

QuickLogic Adds DVD ROM Support to Its Programmable IDE Companion Device

Mon, 25 Sep 2006 00:00:00 -0500

The IDE Companion Device provides control and interface functionality for mass storage adoption in portable electronics

Enhanced companion device now supports simultaneous DVD ROM and Hard Disk Drive capability at greater than 13 MB/s throughput

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced native DVD ROM support for its IDE companion device. Based on QuickLogic’s ultra-low power programmable technology, the IDE companion device provides control and interface capability between embedded processors and both IDE-based Hard Disk Drives (HDDs) and DVD ROM drives. Additionally, the IDE companion device now supports dual IDE/ATA-based devices with one master and one slave that can simultaneously interface to one DVD ROM and one HDD.

There are multitudes of popular, low power embedded processors designed into handheld, battery-powered applications; however, many do not provide a native interface to standard storage peripherals such as IDE-based HDDs or DVD ROM drives. QuickLogic, with its integrated IDE controller, provides an easy-to-implement, energy-efficient solution.

“The gaming and movie industries have created tremendous demand for DVD ROM drives in computers, portable multimedia players and other portable video game consoles,” said Brian Faith, Senior Director of Marketing of QuickLogic. “To address the demand for these types of high volume consumer electronic products and to provide increased flexibility for designers of these systems, we have expanded the functionality of our IDE companion device so that our customers can design for both HDD and optical drives simultaneously.”

The embedded IDE controller can perform transfers to or from an IDE/ATA-based HDD and DVD-ROM in any of the PIO modes (0, 1, 2, 3 or 4). In addition, HDDs can also be accessed using Multi-Word DMA modes (0, 1, or 2). This IDE companion device has integrated bi-directional sector buffers, which directly contributes to a demonstrated performance of greater than 13MBytes/s data transfers. The IDE/ATA timing and registers are completely handled by the QuickLogic device, further reducing the processor’s bus utilization and enabling more energy-efficient operation.

Pricing and Availability

The IDE and DVD-ROM controller and Windows® CE software drivers are available now with unit pricing starting at $5. More information on this solution can be found at www.quicklogic.com/hdd. The Mobile Application Board that supports this IDE companion device is also available now, and is currently priced at $999. For more information on the MAB, visit www.quicklogic.com/mab.

QuickLogic to Present at the A.G. Edwards Emerging Growth Conference

Wed, 13 Sep 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, will present at the A.G. Edwards Emerging Growth Conference September 20, 2006 in New York. Mr. Carl Mills, QuickLogic chief financial officer, is scheduled to present. During the presentation, Mr. Mills will provide an overview of the company’s strategy, industry trends influencing its business, and the company’s value proposition. A webcast of the presentation will be available:

Date: Wednesday, September 20, 2006

Time: 1:45 p.m. ET / 10:45 a.m. PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for 90 days.

Takao Yamashita Appointed Japan Country Manager of QuickLogic K.K.

Fri, 25 Aug 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, announced that Takao Yamashita has been named Japan Country Manager of QuickLogic K.K.

“Because Japan is one of the most strategically important markets for QuickLogic, we have determined that the candidate for Japan Country Manager should have profound knowledge and broad expertise in our targeted market and application segments,” said Jeff Sexton, Vice President, Worldwide Sales and Marketing at QuickLogic. “We are pleased to have hired Mr. Takao Yamashita, and we are very confident that his outstanding track record of establishing several Japanese subsidiaries, including Lattice Semiconductor, will certainly contribute to further growth and expansion of our businesses in this very important geography.”

“It is a great honor to have been appointed Japan Country Manager of QuickLogic, which enjoys a high reputation as a pioneering company in the ultra-low power FPGA industry,” said Takao Yamashita, new Japan Country Manager, QuickLogic K.K. I have no doubt that QuickLogic products characterized by ultra-low power, bullet-proof security and high performance are ideal for the Japanese market, which is exhibiting an acute and widespread trend toward portability and convergence of various technologies. I am firmly committed to growing this very important market,” continued Mr. Yamashita.

QuickLogic Receives Nasdaq Notice Regarding Delayed Filing of Form 10-Q

Wed, 16 Aug 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced that it received a Nasdaq Staff Determination on August 14, 2006 stating that the Company is not in compliance with Nasdaq Marketplace Rule 4310(c)(14) because it has not timely filed its Quarterly Report on Form 10-Q for the quarter ended July 2, 2006. The Nasdaq Staff Determination notice indicated that QuickLogic’s common stock will be delisted from The Nasdaq Global Market unless QuickLogic requests a hearing before a Nasdaq Listing Qualifications Panel. Accordingly, QuickLogic will request a hearing to review the Nasdaq Staff Determination. Pending a decision by the hearing panel, QuickLogic’s common stock will remain listed on The Nasdaq Global Market. However, there can be no assurance that the hearing panel will grant the Company’s request for continued listing.

On July 26, 2006, QuickLogic announced that the Audit Committee of its Board of Directors had asked the Company to initiate a review of its stock option practices and the related accounting and that, due to the internal review, it may not be able to file its Form 10-Q for the second quarter of 2006 by the due date. At that time, the Company also contacted the Securities and Exchange Commission (the “SEC”) to inform the SEC about its pending announcement of the internal review. In response, the SEC sent the Company an informal inquiry on August 1, 2006 requesting certain documents and information relating to the Company’s policies, practices, procedures and public disclosures regarding its stock option grants and related accounting. The Company intends to cooperate fully with the SEC. As the review is underway, the impact to the Company’s historical financial statements, if any, is not yet known. The Company intends to file its Form 10-Q as soon as practicable after completion of the internal review.

QuickLogic to Present at Upcoming Financial Conferences

Tue, 01 Aug 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced that members of its executive management team will present at two upcoming financial conferences.

Mr. Carl Mills, QuickLogic’s chief financial officer, will present at the 2nd Annual Summer Technology Conference hosted by Security Research Associates, Inc., which is being held on Monday, August 7, 2006 at the St. Francis Hotel in San Francisco. Mr. E. Thomas Hart, QuickLogic’s chairman, president and chief executive officer, will present at the 2006 Canaccord Adams Summer Seminar at the Boston Marriott Long Wharf Hotel in Boston, Massachusetts on Wednesday, August 9, 2006. During the presentations, Mr. Mills and Mr. Hart will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. A webcast of the presentations will be available:

2nd Annual Summer Technology Conference Hosted by Security Research Associates, Inc.

Date: Monday, August 7, 2006

Time: 4:20 p.m. ET / 1:20 p.m. PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for 90 days.

2006 Canaccord Adams Summer Seminar

Date: Wednesday, August 9, 2006

Time: 8:30 a.m. ET / 5:30 a.m. PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for 90 days.

QuickLogic Announces Second Quarter Revenue — New Product Revenue Grows 110% Sequentially and Initiation of Internal Stock Option Review

Wed, 26 Jul 2006 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced its revenue results for the second quarter ended June 30, 2006. Additional financial results for the second quarter will be available as soon as practicable after the review of historical stock option practices and related accounting that the Company has initiated.

Revenue for the second quarter of 2006 was $9.2 million, consistent with $9.3 million in the first quarter of 2006, and down 28 percent from $12.8 million in the second quarter of 2005. The year-over-year change in revenue is primarily due to the company’s pASIC 1 and pASIC 2 end-of-life program and reduced sales to two international customers, which were partially offset by revenue growth from its new products. These new products - Eclipse II, QuickPCI II, PolarPro and QuickMIPS - contributed 25 percent of revenue in the second quarter of 2006, compared with 12 percent of revenue in the first quarter of 2006 and less than two percent of revenue in the second quarter of 2005.

The company also reported that the Audit Committee of its Board of Directors had asked the company to initiate a review of its stock option practices and related accounting. As the review is underway, the impact to the company’s historical financial statements is not yet known. The company will not announce its full second quarter financial results or file its quarterly report on Form 10-Q for the quarter ended June 30, 2006 until after the completion of the review. In light of this review, the company may not be able to file its Form 10-Q for the second quarter of 2006 by the due date, August 11, 2006. The company will make every effort to complete its review and provide full financial results as soon as practicable. Company executives will refrain from commenting further until the review is concluded.

“New product revenue exceeded our guidance for the second quarter, growing 110 percent sequentially. While we are disappointed with our overall revenue results, we continue to be confident in our future due to strong design activity for our lowest-power solutions,” said E. Thomas Hart, chairman, president and CEO. “We were also pleased to have maintained our $30 million cash position. In fact, our debt-free cash has grown in each of the last six quarters.”

“We intend to examine our historical stock option practices as quickly as possible, and look forward to supplying our investors with full financials once this review is complete,” said Mr. Hart.

Conference Call

QuickLogic will hold a conference call at 2:30 pm Pacific Time today, July 26, 2006, to discuss the second quarter revenue results. The conference call is being webcast and can be accessed via QuickLogic’s website at http://ir.quicklogic.com. To participate, please call (913) 981-5520 by 2:20 p.m. Pacific Time. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call (719) 457-0820 and reference the pass code: 3329894. The call recording will be archived until August 2, 2006 and the webcast will be available for 12 months.

QuickLogic Reports Preliminary Q2 2006 Revenue Results

Wed, 12 Jul 2006 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), the lowest power programmable logic leader, today announced that it expects its second quarter 2006 revenue to be between $9.0 million and $9.2 million, compared with the $9.7 million to $10.3 million range that it gave on its April 26, 2006 conference call.

“During the second quarter, we experienced delays in delivering two significant orders for pASIC 1 devices, owing to a last minute change in customer requirements and late wafer deliveries from a supplier. We also had softer than expected demand for our embedded standard products and we were unable to ship orders received late in the quarter due to cycle times. All of these factors contributed to our expected revenue shortfall,” said E. Thomas Hart, chairman, president and CEO of QuickLogic.

“We believe second quarter revenue from new products will be significantly higher than the 16 percent to 20 percent of total revenue guidance that we gave on our first quarter earnings conference call. In fact, during the quarter, I visited many customers in Taiwan and China, where we continue to see strong design activity from customers using our Eclipse II and QuickPCI II devices. The product transition we are in, where our end-of-life pASIC 1 & 2 revenues are winding down and new product revenue is growing, causes unique challenges. However, we are seeing the market shift toward low-power solutions and we believe we are in a strong position to capitalize on this emerging opportunity.”

QuickLogic management will be presenting at the C.E. Unterberg Towbin Emerging Growth conference in New York City on Wednesday, July 12, 2006. This presentation will be webcast at 2:06 p.m. Eastern Time and can be accessed via QuickLogic’s website at http://quik.client.shareholder.com/events.cfm.

Conference Call

QuickLogic plans to announce its second quarter financial results and provide third quarter guidance in its regularly scheduled quarterly conference call on Wednesday, July 26, 2006, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time. The company intends to issue a news release announcing second quarter results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on July 26, 2006. The conference call is being webcast and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call 1-(913) 981-5520 by 2:20 p.m. Pacific Time on July 26, 2006. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call (719) 457-0820 and reference the passcode 3329894. The call recording will be archived until August 2, 2006 and the webcast will be available for 12 months.

QuickLogic to Present at the C.E. Unterberg, Towbin Emerging Growth Conference

Wed, 05 Jul 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, will present at the C.E. Unterberg, Towbin Emerging Growth Conference at the Mandarin Oriental Hotel in New York. Mr. E. Thomas Hart, QuickLogic’s chairman, president and chief executive officer, is scheduled to present on Wednesday, July 12, 2006. During the presentation, Mr. Hart will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. A webcast of the presentation will be available:

Date: Wednesday, July 12, 2006

Time: 2:06 p.m. ET / 11:06 a.m. PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for 90 days.

QuickLogic Welcomes Nicholas Aretakis to Board of Directors

Wed, 31 May 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced that Nicholas A. Aretakis, the Vice President of Worldwide Sales at Advanced Analogic Technologies Inc., has been named to QuickLogic’s Board of Directors.

“Nicholas brings extensive semiconductor marketing and sales experience to our board of directors,” said Tom Hart, QuickLogic’s Chairman, President, and CEO. “Coupled with his extensive contacts in Asia-Pacific and his considerable consumer, PC and telecom market expertise, we are confident his insights will yield significant contributions to our team.” Mr. Aretakis’ selection to the QuickLogic Board of Directors brings the total number of directors to six, five of whom are independent. Mr. Aretakis will serve as a Class I director, with a term of three years expiring on the date on which the Company’s Annual Meeting of Stockholders is held in 2009.

With more than 20 years of experience in the semiconductor industry, Aretakis is an executive with extensive international sales and business development experience. He has served markets spanning North America, Southeast Asia, and Western Europe. Before joining AnalogicTech, Aretakis served for more than three years in the Office of the President for GlobespanVirata, Inc., where he led an integrated sales, marketing, operations, and communications team for the $500M+, 700-person company. Aretakis was previously Vice President of Worldwide Sales for GlobeSpan, Inc., where he led the growth of revenues from $20 million to more than $350 million in only three years. Earlier in his career, Aretakis served as Vice President of Sales and Acting Vice President of Marketing at ESS Technology, Inc. and Director of Sales at SEEQ Technology, Inc. He began his semiconductor industry career serving as Marketing Manager for non-volatile memory products at Microchip Technology, Inc. Aretakis holds a B.S. in Electrical Engineering from Columbia University, and a B.A. in Mathematics from Hobart College (Cum Laude).

New QuickWorks v9.8 Design Tools Accelerate PolarPro FPGA Development

Thu, 18 May 2006 00:00:00 -0500

New features include support for Precision Synthesis, advanced I/Os, and configurable clock managers

QuickLogic Corporation (NASDAQ: QUIK), the low-power programmable logic leader, today announced that version 9.8 of its QuickWorks® development software is now available and offers full support for its new PolarPro™ family of ultra-low-power FPGAs. Additionally, in a separate release dated today, QuickLogic announced the production shipment of PolarPro devices.

This new version of the QuickWorks tool suite provides a complete design environment for PolarPro devices including synthesis, simulation, timing and power analysis. QuickWorks v9.8 also includes a number of new features:

Integrated Precision Synthesis: VHDL and Verilog synthesis optimized for QuickLogic devices, provides built-in schematic viewing of RTL and FPGA designs for ease of debugging the RTL source. Additionally, the interactive PreciseTime engine quickly performs “what-if” timing analysis for achieving timing closure.

DDRIO and GPIO Support: Integrated configuration interfaces for Double Data Rate I/O (DDRIO) and General Purpose I/Os (GPIOs) in the PolarPro family, providing a graphical view of DDRIO/GPIO configurations and port listings of routable and static logic ports.

CCM Wizard: Provides an intuitive and efficient method of organizing PolarPro Configurable Clock Managers (CCMs) and generates HDL for the selected configuration that can be instantiated directly into customers’ RTL source.

Power Calculator: Automatically calculates approximate power consumed in a design.

“PolarPro is breaking new ground for FPGA adoption into portable electronic applications,” said Brian Faith, Senior Director of Marketing at QuickLogic. “Our focus on providing an integrated EDA toolchain with advanced power-aware features underscores QuickLogic’s commitment to enabling fast time-to-market and power efficient design for designers in these segments.”

About QuickWorks

This comprehensive QuickLogic FPGA design environment includes fully-integrated schematic and HDL-based design entry, HDL language editors and tutorials, logic synthesis support from Mentor Graphics, 100% fully automatic place and route, static timing analysis, Verilog and VHDL functional and timing simulation support, and 3rd-party design-tool interfaces. For power sensitive or power critical designs, QuickWorks has integrated PowerAware logic placement, power simulation and power calculation.

Availability and Pricing

The QuickWorks v9.8 software is available now at no charge for Windows (98, 2000, ME, XP and NT). The software can be downloaded from the QuickLogic website at http://www.quicklogic.com/downloads

QuickLogic Announces Production Shipments of World’s Lowest Power FPGA — PolarPro

Thu, 18 May 2006 00:00:00 -0500

Power consumption 98% better than competing Flash-based FPGAs and 99% better than competing SRAM-based FPGAs

Company-wide execution in all phases of product development results in “on time” release

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, announced production shipments of the first two members of the industry’s lowest power family of FPGAs, the QL1P075 and the QL1P100.

QuickLogic announced engineering samples of the PolarProTM family in December of 2005, and with company-wide execution, has delivered on-time production silicon within four months. Underscoring the market need for an ultra-low power FPGA, QuickLogic had production orders for these first devices during the engineering sample period.

“PolarPro FPGAs provide us with the unique combination of programmability, ASIC-like power consumption and competitive pricing,” said Keith Jasinski, Project Engineer at Mortara Instrument. “These attributes enable us to create custom ICs for our portable medical products that maximize battery life and minimize total system cost.”

Quiescent, or standby current is a critical factor determining battery life in portable and handheld consumer electronics. Architected specifically to address this factor, the new Very Low Power (VLP) mode integrated into PolarPro devices exhibit quiescent current nearly half that of the closest “zero power” CPLD, 98% less than the closest Flash-based FPGA, and 99% less than the closest SRAM-based FPGA.

“Customer acceptance of PolarPro has been strong, with several design wins in portable consumer electronics, portable medical applications and reference designs from Tier 1 semiconductor companies,” said Brian Faith, QuickLogic’s Senior Director of Marketing. “We are extremely pleased with the performance of our entire company in bringing PolarPro to production on time.”

Software Support

The PolarPro family is supported in QuickWorks® version 9.8, available for download from www.quicklogic.com/downloads

Availability

The first two members of the PolarPro family, the QL1P075 and QL1P100, are now in production. QuickLogic expects to sample the QL1P300 during the second quarter, with production expected later in 2006. For additional information, please visit www.quicklogic.com.

QuickLogic to Present at the AeA Micro Cap Financial Conference

Tue, 02 May 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the low power programmable logic leader, will present at the AeA Micro Cap Financial Conference in Monterey, California. Mr. E. Thomas Hart, QuickLogic chairman, president and CEO, is scheduled to present on Monday, May 8, 2006. During the presentation, Mr. Hart will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. A webcast of the presentation will be available:

Date: Monday, May 8, 2006

Time: 5:45 p.m. ET / 2:45 p.m. PT for the live presentation

Location: On the web at http://ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for one year.

QuickLogic Announces First Quarter Results

Wed, 26 Apr 2006 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and the leader in lowest-power programmable logic solutions, today announced its financial results for the first quarter ended March 31, 2006.

Revenue for the first quarter of 2006 was $9.3 million, down nearly ten percent from $10.3 million in the fourth quarter of 2005, and down 25 percent from $12.5 million in the first quarter of 2005. ESP and Advanced ESP products contributed 46 percent of revenue in the first quarter of 2006, compared with 45 percent of revenue in the fourth quarter of 2005. Under generally accepted accounting principles (GAAP), our net loss for the first quarter of 2006 was $1.2 million, or $0.04 per share. This compares with a net loss of $456,000, or $0.02 per share, in the fourth quarter of 2005 and with net income of $864,000, or $0.03 per diluted share, in the first quarter of 2005.

During the quarter ended March 31, 2006, we adopted Statement of Financial Accounting Standards (SFAS) No. 123R, “Share-based Payment,” regarding accounting for stock-based compensation. In addition to reporting GAAP results, which reflect stock-based compensation, we are also reporting non-GAAP results, which exclude such expense. Non-GAAP net loss for the first quarter of 2006 was $776,000, or $0.03 per share, compared with a non-GAAP net loss of $456,000, or $0.02 per share, in the fourth quarter of 2005, and with non-GAAP net income of $864,000, or $0.03 per diluted share, in the first quarter of 2005.

“We are pleased to report first quarter revenue of $9.3 million, which was at the high end of our guidance, despite the decline in revenue from our pASIC1 and pASIC2 end-of-life products. We also achieved a strong gross margin of 60 percent,” said E. Thomas Hart, chairman, president and CEO. “Our cash of approximately $30.2 million is at its highest level in more than four years. In addition, our PolarPro device is now in production, which we believe will further increase our opportunities in low-power customer designs.”

Conference Call

QuickLogic will hold a conference call at 2:30 pm Pacific Time today, April 26, 2006, to discuss the first quarter financial results. To participate, please call 1-866-362-4820 or 1-617-597-5345 (international) by 2:20 p.m. Pacific Time on April 26, 2006. You will need to reference the pass code: 17951933. A live webcast of the conference call will be available via the investor relations page of the company’s website at www.quicklogic.com/investors. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 49149571. The call recording will be archived until May 8, 2006 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company excludes charges related to stock-based compensation, the effect of the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd. in calculating non-GAAP (i) income (loss) from operations, (ii) net income (loss), (iii) net income (loss) per share, (iv) cost of revenue, and (v) certain operating expenses including research and development and selling, general and administrative. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry. Investors should note, however, that the non-GAAP financial measures used by the Company may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. The Company does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP net income (loss) to non-GAAP net income (loss) is included in the financial statements portion of this release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic Announces Q1 FY2006 Earnings Conference Call

Wed, 12 Apr 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), the low power programmable logic leader, has scheduled a conference call to discuss the company's operating results for its first quarter 2006 on Wednesday, April 26th, 2006, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's first quarter 2006 results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on April 26, 2006. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call 1-866-362-4820 or International 1-617-597-5345 by 2:20 p.m. Pacific Time on April 26, 2006. You will need to reference the passcode: 17951933. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 49149571. The call recording will be archived until May 8, 2006 and the webcast will be available for 12 months.

QuickLogic to Participate in Embedded Systems Conference — Silicon Valley

Mon, 03 Apr 2006 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the low power programmable logic leader, will be taking part in the Embedded Systems Conference, in Silicon Valley, April 3-7, 2006. Please visit QuickLogic at booth #1710 located in the McEnery Convention Center, San Jose, California.

ESC Exhibit

The QuickLogic booth will feature demos of their latest bridge controller solutions, perfect for applications requiring low power such as PDAs, Portable Media Players, Smartphones, GPS and Gaming Systems. Designers are looking for a cost-efficient, simple, functional method of adding Wi-Fi or HDD capability to their systems, while still leveraging the substantial hardware and software investments already made. QuickLogic solutions connect to your processor of choice, and respect the strict design requirements for low power, high performance and continued flexibility.

Demos

PolarPro™ FPGA technology was architected to meet the system logic requirements of power sensitive, and portable applications. Through an innovative logic cell architecture, versatile embedded memory with built-in FIFO control logic and advanced clock management, PolarPro is the lowest power FPGA this side of the North Pole.

QuickPCI combines high-performance embedded PCI controllers with high-speed programmable logic creating a unique PCI 2.3 compliant system-level solution. QuickPCI’s non-volatile technology provides instant-on capability and high design security. A wide range of microprocessors, memory interfaces, intellectual property, software drivers and reference designs complement the family and provide complete system solutions.

QuickIDE provides a low power programmable hard disk drive controller, with a seamless connection between the Intel® PXA processor and the HDD itself. QuickIDE provides the highest system bandwidth possible at the lowest power consumption. Rounding out the solution are Windows® CE and Linux drivers and development boards.

Exhibit Floor Hours

Tuesday, April 4th 1pm – 7pm
Wednesday, April 5th 10am – 7pm
Thursday, April 6th 10am – 3:30pm

To Register for ESC Silicon Valley, go to http://www.embedded.com/esc/sv/registration/

New QuickLogic Bridge Controller and Hitachi Microdrive to Deliver Energy-Efficient Storage Solution for Handheld Consumer Electronics

Wed, 29 Mar 2006 00:00:00 -0600

Proven Low Power QuickIDE Bridge Controller Serves as Companion Device to Intel® PXA2xx processors

QuickLogic Corporation (NASDAQ: QUIK), the industry’s lowest-power programmable logic solutions leader, today announced that its new QuickIDE bridge controller interoperates with Hitachi Global Storage Technologies’ one-inch Microdrive hard drive to deliver a complete mass storage solution for Intel-based portable consumer electronics.

The Microdrive 3K8 features a dramatically reduced footprint and power consumption for integration into mobile phones and other ultra-miniature consumer electronic devices. The drive has a maximum capacity of 8GB and is available exclusively for embedded applications.

As consumers desire higher quality video playback in these applications, the demands on the processor and hard drive increase. In some portable applications, designers are challenged to keep up with these stringent demands when the embedded processor cannot keep up with the data transfer rate of the hard drive due to a lack of a native IDE interface in the system.

As a solution to this challenge, QuickLogic has created a companion device to connect Hitachi Microdrive disk drives to Intel® PXA2xx processors. With support from Hitachi, QuickLogic has spent several hundred engineering hours performing various system-level benchmark tests to confirm the interoperability of the QuickIDE bridge controller and Microdrive solution. QuickLogic’s results validate the theoretical maximum effective transfer rate of the Microdrive, which is 5.1-10 MB/sec sustained data rate.

“In order to broaden our reach into the portable electronics segment, QuickLogic has developed an ecosystem of industry leaders in low power embedded processors, wireless and storage peripherals,” said Kevin Yee, Director of Business Development at QuickLogic. “As a result of this focused collaboration with Hitachi, QuickLogic has enabled Microdrive hard drives to connect to embedded processors in the most energy efficient manner - without sacrificing performance.”

“Low CPU utilization, low-power consumption and small footprints are all critical parameters for our customers integrating Microdrive technology into their portable electronics,” said Marcia Bencala, vice president, Corporate Strategy & Product Planning, Hitachi Global Storage Technologies. “Hitachi’s work with QuickLogic will go a long way in helping product designers achieve these parameters and deliver compelling handheld consumer electronic devices into the marketplace.”

Availability

The QuickLogic Companion Device integrates a full-featured IDE Bridge Controller and local bus interface for embedded processors and is available now. In volume quantities, the companion device sells for less than $5. For more information, go to www.quicklogic.com.

QuickLogic Strengthens Focus in Consumer Electronics, Portable and Handheld Markets through Seagate Partnership

Wed, 29 Mar 2006 00:00:00 -0600

Seagate partners with QuickLogic to deliver high performance, energy efficient storage solutions

Companion Device is based on QuickLogic’s proven low power QuickIDE Bridge Controller

QuickLogic Corporation (NASDAQ: QUIK), the lowest-power programmable logic solutions leader, today announced that the company has partnered with Seagate Technology (NYSE:STX), the world's leading manufacturer of Consumer Electronics (CE) hard drives, to deliver an improved mass storage solution for portable systems incorporating the Seagate S-Series CompactFlash Hard Disc Drives and low power embedded processors.

High-density Small Form Factor (SFF) Hard Disc Drive (HDD) storage is proliferating into high growth portable and handheld consumer applications such as MP3 players, navigation systems, digital cameras, smartphones and others. However, the difficulty of mating low power embedded processors to SFF HDDs has proven to be a significant challenge due to lack of a native IDE interface. As a result, designers sacrifice performance, and therefore battery life.

In response to this challenge, QuickLogic has created a companion device to connect Seagate S-Series disc drives to Intel® PXA2xx processors. QuickLogic and Seagate performed benchmark tests on different data buffer sizes and disc drive densities. The results continuously demonstrated the theoretical maximum effective transfer rate of the disc drives.

“We’ve worked closely with our processor partners to create easy-to-use, low-power companion devices connecting embedded processors and peripheral technologies,” said Kevin Yee, Director of Business Development at QuickLogic. “As a result of this focused strategy, QuickLogic has enabled Seagate S drives to connect to embedded processors in the most energy efficient manner. This combination of technologies will enable us to push into new portable and handheld applications.”

“Most embedded processors do not have a direct or native interface to IDE-based SFF HDDs. QuickLogic not only provides an excellent companion device, but extensive testing has demonstrated that their solution helps us to achieve maximum performance while minimizing system power and optimizing CPU utilization – critical to the user experience in portable consumer products,” said Todd Buelow, Business Development Manager at Seagate Technology.

Availability

QuickLogic Expands Intel® Relationship by Providing Companion Device for Intel LAN® Group

Mon, 20 Mar 2006 00:00:00 -0600

Delivers third in a series of companion devices for Intel PXA embedded processors

Adds wired Ethernet LAN device support to existing Wi-Fi and HDD solutions

QuickLogic Corporation (NASDAQ: QUIK), the low power programmable logic leader, today announced that they are expanding their relationship with Intel Corporation by providing a companion device based on QuickLogic’s QuickPCI® family of programmable bridge controllers to connect Intel’s PXA processor with Intel’s wired Ethernet controllers.

QuickLogic continues to work with Intel to rapidly develop companion devices for the Intel PXA processor, further enabling Intel’s push into embedded applications. Ethernet is the prevalent technology for todays wired networks. The majority of low power embedded processors, such as the Intel’s PXA, do not integrate a PCI Controller, required by most LAN devices developed for PC platforms. By using the integrated PCI Controller in the companion device, QuickLogic provides native connectivity to these LAN devices. This now provides designers of embedded systems access to cost-effective technologies typically only available on the PC platform.

“QuickLogic low power programmable technology provides an ideal platform for delivering PXA companion devices,” said Kevin Yee, Director of Business Development. “We continue to see the market opportunity expanding for integrating Ethernet connectivity in embedded applications. By delivering these low power, cost-effective solutions, we are well positioned to address the needs of designers in these applications.”

“By using QuickLogic’s PXA companion devices we are able to target new segments of the growing embedded Ethernet market,” says Travis Johnson, Product Marketing Engineer in the Intel Embedded LAN Operation. “The QuickLogic PXA companion device helps us offer a more complete Intel platform solution to embedded customers.”

In collaboration with Intel, QuickLogic has verified device drivers for both Windows® CE 5.0 and Linux. Additionally, Intel has performed system-level verification and performance testing of the end-to-end solution using the QuickLogic Mobile Application Board (MAB). The MAB is a daughter board that plugs seamlessly into the Intel PXA270 DVK (Mainstone) development system. The MAB significantly reduces design time by allowing engineers to co-develop software and hardware. For more information on the MAB, go to www.quicklogic.com/mab.

Availability

The companion device is currently available in production quantities. Pricing is below $5.00 in high volume at the end of 2006. For more information, go to QuickLogic website at www.quicklogic.com.

QuickLogic to Present at Intel Developer Forum

Mon, 06 Mar 2006 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, will be presenting at the Intel Developer Forum in San Francisco, March 8th, 5:00-5:50 p.m. in Room #2002.

This presentation will be part of the Cellular and Handheld Technologies Track.

Presentation

“Techniques for Integrating Emerging Technology Efficiently into New Handheld Products” will address convergence within the portable electronics industry and how it has given cellular OEMs the opportunity to deliver differentiated products, but has also resulted in new networking, storage and imaging technology challenges for today's designers. Learn how QuickLogic's programmable silicon solutions, optimized for Intel's processors, enable designers to solve these challenges, deliver compelling system functionality, achieve the best performance and reach production faster.

Speakers include QuickLogic’s Tim Saxe, VP Engineering, and Ian Ferguson, VP Advanced Products Division.

To Register for the Intel Developer Forum, go to the IDF website.

QuickLogic Companion Device Enables Energy Efficient HDD and PCI Connectivity to Intel PXA Processor

Wed, 01 Mar 2006 00:00:00 -0600

Lowest power, single-chip solution provides bridge and control functions between PXA Processor, Micro Hard Disk Drives (HDD) and PCI-based devices

Solution Pack includes Linux and Windows® CE software drivers, reference designs and Mobile Application Board (MAB)

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced the availability of its bridge controller based on the ultra-low power Eclipse II™ FPGA technology. The integrated IDE and PCI controllers enable energy efficient connectivity between the popular Intel® PXA processor family, IDE-based Micro HDDs and PCI-based devices.

The Intel® PXA is one of the most popular processors for handheld, battery-powered portable applications; however, the processor does not provide a native interface to common standards such as PCI and IDE. This poses battery life challenges when integrating commonly used PCI-based peripherals such as Wi-Fi, Ultra Wideband, MPEG decoder/encoder devices and 10/100/1G Ethernet chipsets. QuickLogic’s companion products solve this challenge.

The embedded PCI controller of the companion device supports two external PCI agents. Through the on-board programmable logic, the device can be expanded to support up to four external PCI agents. Through the use of the SDRAM bus-mastering feature supported by the PXA processor, the QuickLogic companion device has been optimized to significantly reduce processor bus utilization – not feasible with CPLDs or FPGAs without embedded RAM.

The embedded IDE controller can perform transfers to or from an IDE-based hard disk drive in any of the PIO modes (0, 1, 2, 3 or 4). By integrating full sector buffers in the device, QuickLogic has been able to demonstrate performance of >13MB/s during data transfers. The IDE timing and registers are completely handled by the QuickLogic companion device, hence further reducing the processor’s bus utilization and enabling more energy efficient operation.

“This latest programmable bridge controller is another example of QuickLogic’s commitment to delivering ready-to-integrate solutions for portable products such as Global Positioning Systems (GPS), Smartphones, Personal Media Products (PMP), and portable industrial systems,” said Itsu Wang, Logic Products, Marketing Manager for QuickLogic. “Our ultra-low power FPGAs, and complete Solution Packs guarantee the best performance at the lowest power, and decrease design time, allowing our customers to reach production faster.”

Pricing and Availability

The bridge controller and Linux/Windows CE software drivers are available now with pricing starting at $6 in high volume. More information on the bridge controller can be found at www.quicklogic.com/pxa_companion. The Mobile Application Board that supports this PCI/IDE bridge controller is available now and is currently priced at $999. For more information on the MAB, visit www.quicklogic.com/mab.

QuickLogic to Present at the 2nd Annual Winter Technology Conference Hosted by Security Research Associates and MDB Capital Group

Wed, 08 Feb 2006 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and the leader in lowest-power programmable logic solutions, will present at the 2006 Technology Investor Conference hosted by Security Research Associates and MDB Capital Group at the Campton Place Hotel in San Francisco. Mr. Carl Mills, QuickLogic chief financial officer, is scheduled to present on Wednesday, February 15, 2006. During the presentation, Mr. Mills will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. A webcast of the presentation will be available:

Date: Wednesday, February 15, 2006

Time: 5:40 p.m. ET / 2:40 p.m. PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for 90 days.

QuickLogic Announces Fiscal 2005 and Fourth Quarter Results — FY05 Solidly Profitable on an 8% Revenue Increase

Wed, 01 Feb 2006 00:00:00 -0600

Note to Editors: Download Financial Tables

Revenue for 2005 was $48.3 million, up eight percent from $44.6 million in 2004. The ESP and Advanced ESP product families contributed 38 percent of revenue in 2005. Under generally accepted accounting principles (GAAP), 2005 net income was $2.4 million, or $0.08 per diluted share, compared with a net loss of $8.8 million, or $0.35 per share, in 2004. In 2005, non-GAAP net income was $3.9 million, or $0.14 per diluted share, compared with a net loss of $3.9 million, or $0.15 per share, in 2004.

Revenue for the fourth quarter of 2005 was $10.3 million, compared with $11.1 million in the fourth quarter of 2004 and $12.6 million in the third quarter of 2005. The ESP and Advanced ESP product families contributed 45 percent of revenue in the fourth quarter of 2005, compared with 36 percent of revenue in the third quarter of 2005. Under GAAP, the net loss for the fourth quarter of 2005 was $456,000, or $0.02 per share. This compares with a net loss of $6.0 million, or $0.23 per share, in the fourth quarter of 2004, and with net income of $1.6 million, or $0.06 per diluted share, in the third quarter of 2005.

Non-GAAP net loss for the fourth quarter of 2005 was $456,000, or $0.02 per share, compared with a non-GAAP net loss of $1.3 million, or $0.05 per share, in the fourth quarter of 2004, and with non-GAAP net income of $1.7 million, or $0.06 per diluted share, in the third quarter of 2005. QuickLogic reports net income, or loss, in accordance with GAAP and also on a non-GAAP basis to highlight infrequent or non-recurring charges. Non-GAAP results, where applicable, exclude long-lived asset impairments, the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd.

“In 2005, we were pleased to achieve solid profitability for the year and generate $3.4 million in cash. In the fourth quarter, we had significant revenue from our new products - Eclipse II, QuickPCI II and QuickMIPS - which contributed 12 percent of our total revenue,” said E. Thomas Hart, chairman, president and CEO. “Although we were pleased with the revenue growth of our new products, it did not fully offset the decline in revenue from our end-of-life pASIC1 and pASIC2 products, as well as from our other products. Also in the fourth quarter, we announced the introduction of PolarPro, the world’s lowest power FPGA family, and shipped engineering samples of the first product to select customers. We are excited about the prospects for this new family, particularly in high-volume prosumer, battery-powered, handheld products.”

Conference Call

QuickLogic will hold a conference call at 2:30 p.m. Pacific Time today, February 1, 2006, to discuss the fiscal year and fourth quarter financial results. To participate, please call 1-888-873-4896 or 1-617-213-8850 (international) by 2:20 p.m. Pacific Time on February 1, 2006. You will need to reference the pass code: 23557889. A live webcast of the conference call will be available via the investor relations page of the company’s website at www.quicklogic.com. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 47480056. The call recording will be archived until February 8, 2006 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to its peer companies. Accordingly, the Company also uses calculations of (i) non-GAAP net income (loss), which represents net income (loss) excluding the effect of long-lived asset impairments, the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd.; and (ii) non-GAAP net income (loss) per share, which represents basic and diluted net income (loss) per share excluding long-lived asset impairments, the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry. Investors should note, however, that the non-GAAP financial measures used by the Company may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. The Company does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP net income (loss) to non-GAAP net income (loss) is included in the financial statements portion of this release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic Ultra Low-Power Eclipse II FPGAs Available in 8x8 mm Ball Grid Array Package

Wed, 25 Jan 2006 00:00:00 -0600

Small form factor critical for handheld products

Availability of Industrial temperature range of -40C to +100C

Ideal for battery powered products

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced the availability of the QL8150 Eclipse II FPGA in 8x8 mm packaging. This small form factor Ball Grid Array (BGA) package is critical for small, portable applications such as smart phones, Personal Media Players (PMPs), and industrial handheld products.

The thin fine-pitch BGA (0.5mm) package has 196 balls in an 8x8 mm footprint, ideal for very small and space-constrained applications. Due to tight spacing and a lack of active cooling mechanisms, some handheld devices require semiconductor components to support the Industrial temperature range. In support of these more rugged conditions, the QL8150 8x8mm BGA was designed to support the full Industrial temperature range from –40C to +100C. This package is only available lead (Pb) free as this is in alignment with both the industry’s move to remove lead from products and QuickLogic’s corporate Environment, Health, and Safety direction.

“Providing our popular Eclipse II family in this small form factor packaging is another demonstration of our commitment to the handheld, portable market,” said Brian Faith, Sr. Product Marketing Director at QuickLogic. “Since introducing the industry’s lowest power FPGAs, we’ve provided complete support on all levels including packaging, Intellectual Property (IP), support for software drivers, reference designs, and development boards. IP, such as IDE, PCI, and SDIO, is fully supported with drivers for the WinCE and Linux operating systems. QuickLogic’s development board, called the Mobile Application Board (MAB), is supported on the Intel PXA27x Development Platform. These support programs ensure that QuickLogic low-power FPGAs are easy to design with and integrate, and provide solutions that decrease our customer’s time to market.”

Availability and Pricing

QuickLogic Eclipse II products in 8x8 mm packaging are available today. The pricing for the QL8150-6PUN196C will be less than $5, in high volume quantities, by the end of 2006.

QuickLogic Announces Q4 and FY2005 Earnings Conference Call

Mon, 23 Jan 2006 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), has scheduled a conference call to discuss the company's operating results for its fourth quarter and 2005 year end on Wednesday, February 1, 2006, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's fourth quarter and 2005 year end results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on February 1, 2006. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call 1-888-873-4896 or International 1-617-213-8850 by 2:20 p.m. Pacific Time on February 1, 2006. You will need to reference the passcode: 23557889. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 47480056. The call recording will be archived until February 8, 2006 and the webcast will be available for 12 months.

PolarPro — One of EDN’s Hot 100 Products for 2005

Thu, 19 Jan 2006 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the low-power programmable-logic leader, today announced its PolarPro FPGA technology was named as one of EDN’s Hot 100 Products for 2005 according to EDN magazine. QuickLogic was one of five companies selected as having the most newsworthy technology or product within the digital and programmable IC category.

Throughout the year, editors receive thousands of technology and product announcements and must decide which are important enough to be covered within EDN or EDN.com. At the end of each year, these same editors evaluate company and product announcements made during the year and select the top 100 they consider the hottest products within 15 technology categories.

“Having PolarPro selected as one of the EDN Top 100 Products in 2005 within the category of programmable ICs is an outstanding accomplishment for QuickLogic,” said Brian Faith, Senior Director of Product Marketing. “Delivering the lowest power FPGA solutions is a focus for QuickLogic and the recognition from EDN for the PolarPro family is a true testament to the increased importance of power consumption in the high-growth portable electronics segment.”

About PolarPro

The PolarPro FPGA technology was purposely architected to meet the interconnect and system logic requirements of power sensitive and portable applications. Through a new and innovative logic cell architecture, versatile embedded memory with built-in FIFO control logic and advanced clock management control units, the PolarPro architecture is synthesis friendly and logic mapping efficient, thus enabling cost effective and ultra-low power logic designs, especially those required for battery-powered, handheld consumer products. Version 9.8 of QuickWorks® is available for download from the QuickLogic website and includes timing, area and power-optimized designs for the PolarPro family suite of FPGA development tools. For more information on PolarPro, go to http://www.quicklogic.com/polarpro-family.

QuickLogic FPGA-Based Mobile Application Board Shortens Development Time of Wi-Fi and HDD Bridging Solutions for Intel PXA27x Applications

Thu, 05 Jan 2006 00:00:00 -0600

Mobile Application Board allows designers to experiment with performance, power and cost trade-offs

Developers begin software development before production hardware is delivered, providing dramatic decrease in overall design time

QuickLogic Corporation (NASDAQ: QUIK), the low-power programmable logic leader, today announced availability of their Mobile Application Board (MAB) for the Intel® PXA27x based Processor Developer’s Kit ("Mainstone" DVK), providing seamless connectivity between the Intel XScale processor and peripheral interfaces such as Mini PCI, CardBus, SDIO and IDE.

The FPGA-based MAB enables IP development and performance verifications for a variety of peripherals such as Wi-Fi, HDDs (Hard Disk Drives), 10/100/1G Ethernet, MPEG devices, SD memory, and many more. It connects directly into the VLIO connector of the DVK, which allows designers to make system measurements and architecture tradeoffs including power consumption, performance and cost.

The QuickLogic MAB lets designers begin software development prior to receiving final hardware. This ability to design hardware and software in parallel can provide product designers with a critical competitive advantage by significantly reducing time spent in development of popular portable products including Global Positioning Systems (GPS), smart phones, Portable Media Players (PMP), and Portable Industrial Systems. “With the Eclipse II FPGAs, reference designs, the MAB and vast experience in the design of portable products, we have created a complete and easy to implement bridging solution for the Intel PXA27 processor,” said Brian Faith, Sr. Product Marketing Director at QuickLogic. “Our FPGA-based bridging solution provides key advantages of decreased design time through hardware/software co-design and design reuse, along with ultra low-power, flexibility and programmability. QuickLogic is also planning on releasing a new MAB based on PolarPro, the lowest power FPGA, by end of Q1, 2006.”

Availability and Pricing

The QuickLogic Mobile Application Board is available today. Complete solution packs are available for both Wi-Fi and HDD connectivity. They include the Mobile Application Board, an Eclipse II QL8325 device in the 484-ball BGA package, reference design files and software drivers for Windows® CE, Windows Mobile, and Linux. Cost for the solution pack is $999. For more information, please visit: www.quicklogic.com/MAB

For more information on Eclipse II FPGAs, visit www.quicklogic.com/lowpower

QuickLogic Continues Push into Portable Applications Embedding SDIO into Low Power FPGAs

Thu, 05 Jan 2006 00:00:00 -0600

Provides bridging/controlling solutions for the Embedded Processors to SDIO peripherals

Demonstrate SD memory and processor performance improvement by up to 5 times via Intel Mainstone DVK

Verified IP, reference designs and application board available for faster product development

QuickLogic Corporation (NASDAQ: QUIK), the lowest-power programmable-logic leader, today announced the availability of the SDIO Host Controller intellectual property (IP) core embedded into QuickLogic’s Eclipse II microwatt FPGAs. In order to support faster product design, QuickLogic provides reference designs based on the QL8325 and QL 8150 Eclipse II FPGAs.

QuickLogic’s SDIO reference design provides a complete bridging/controlling solution between the Intel® PXA27x embedded microprocessor, and SDIO peripherals and/or any SD memories. Additionally, the inherent benefits of Eclipse II small footprint FPGAs include flexibility, ultra low power and proven higher performance. These attributes are critical for components designed into portable product designs such as portable Global Positioning Systems(GPS), smart phones, Personal Media Products (PMP), and Portable Industrial Systems.

“Our Eclipse II low power FPGAs, coupled with our vast experience delivering both silicon and software for portable applications based on the Intel PXA27x processor family,provide an optimal solution for SDIO-enabled products,” said Itsu Wang, Product Marketing Manager for QuickLogic. “Support for low-cost, low-power, high performance SDIO bridging/controlling applications is just one more way QuickLogic enables designers to accelerate their product development in the consumer electronics arena. QuickLogic also plans to announce SDIO IP support for its PolarPro, the lowest power FPGA.”

Improves Overall Performance; Adds Functionality

Using the QuickLogic Mobile Applications Board (MAB), the SDIO reference design has demonstrated significant improvements in Read/Write performance on SD memory cards. Up to 3x performance versus the PXA27x processor’s native mode at the same frequency, and up to 5x at higher frequencies. The QuickLogic SDIO IP, embedded in the reference design, can be operated at a clock frequency of up to 52 MHz, far exceeding the SDIO specification of 25 MHz. The programmability of the SDIO-enabled reference design allows designers to incorporate their unique logic requirements and tune for power or performance depending on product specifications.

The SDIO reference design can be combined with other IPs to support multiple interfaces to the Intel PXA27x processor, allowing designers to add other peripheral functions to their system such as 802.11g (Wi-Fi) and Universal Serial Bus (USB) using a single Eclipse II FPGA.

Reference Platform

The SDIO IP and reference design provides designers with an easy-to-implement and proven SDIO bridging/controlling solution. The reference design includes a QuickLogic MAB, a QuickLogic QL8325 Eclipse II uWatt FPGA, and a Microsoft Windows CE driver that are all compatible with the Intel PXA27x processor Mainstone II DVK. The reference design has been hardware and software proven with a Kingston 1 GByte SD Memory Card, and SanDisk 64 MByte SD Memory Card.

Availability and Pricing

All devices of the Eclipse II FPGA family are now shipping in volume and devices with embedded SDIO IP are available for less than $5 in volume. The Mobile Application Board is also in production and costs $999. For more information, please visit: www.quicklogic.com/mab

QuickLogic to Present at the 8th Annual Needham Growth Conference on January 11, 2006

Wed, 04 Jan 2006 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and the leader in lowest-power programmable logic solutions, will present at the 8th Annual Needham Growth Conference January 11, 2006 in New York. Mr. E. Thomas Hart, QuickLogic chairman, president and chief executive officer, is scheduled to present. During the presentation, Mr. Hart will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. A webcast of the presentation will be available:

Date: Wednesday, January 11, 2006

Time: 9:00 a.m. ET / 6:00 a.m. PT for the live presentation

Location: On the web at http://ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for 90 days.

QuickLogic to Participate in EE Times — Great Minds, Great Ideas Zone at CES

Tue, 03 Jan 2006 00:00:00 -0600

MEDIA AND EVENT ALERT

QuickLogic Corporation (NASDAQ: QUIK), the low power programmable logic leader, will be taking part in the Consumer Electronics Show (CES), in Las Vegas, Nevada, January 5-8, 2006. Please visit QuickLogic at booth #201/202 in the EE Times — Great Minds, Great Ideas Zone located in section 71822 of the Sands Convention Center.

Show Activities:

Presentation – Thursday, January 5th, 10:30 a.m. – 10:50 a.m.
“Making ‘The Triple Play’ a Reality: Overcoming voice, video and data convergence challenges using programmable logic.”

The presentation will illustrate the ways that programmable logic can be used to solve the challenges of voice, video and data that have historically been impossible due to high cost and power consumption. QuickLogic’s new low power FPGA family, PolarPro™, provides an innovative way to solve connectivity, performance and power consumption challenges that help designers make this “Triple Play” a reality.

Demos:

Our newest FPGA family, PolarPro, drawing less than 10 uA, pushes low power to the extreme. Visitors that stop by will have a chance to see this low power capability implemented into our latest HDD and Wi-Fi Bridging Solutions. This makes QuickLogic devices the perfect choice for portable, power-sensitive applications such as a GPS, PMP, Smartphone, PDA or handheld gaming systems.

Show Exhibit Hours

Thursday, January 5: 8:00 a.m. - 6:00 p.m.
Friday, January 6: 8:00 a.m. - 6:00 p.m.
Saturday, January 7: 8:00 a.m. - 6:00 p.m.
Sunday, January 8: 8:00 a.m. - 3:00 p.m.

To Register for CES: http://registration.expoexchange.com/ShowCES061/

QuickLogic Ships Industry’s Lowest Power FPGA — PolarPro

Wed, 07 Dec 2005 00:00:00 -0600

Draws less than 10 uA of standby current

Exhibits both ASIC-like power consumption and the flexibility of field programmable logic

Advanced power management features are ideal for power sensitive applications

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, today announced engineering sample shipments of the first member of its PolarPro™ FPGA family, the QL1P100.

The PolarPro FPGA family is the lowest power programmable logic in the industry, drawing less than 10 uA standby current. Architected specifically for battery-powered applications, a new and innovative Very Low Power mode (VLP) enables the reduction of energy consumption for both high bit rate and low bit rate applications. PolarPro FPGAs also exhibit the industry’s lowest dynamic power, saving as much as 68% over competitive alternatives, making it an ideal solution for designers of portable electronics products.

With the mapping-efficient logic cell architecture, versatile embedded memory with built-in FIFO control logic and advanced clock management circuitry, PolarPro FPGAs exhibit ASIC-like power consumption. As a result, designers using PolarPro can now extend battery life by as much as 4x, setting a new standard for low power consumption in programmable logic.

“The PolarPro architecture and FPGA family definition were a direct result of inputs from both our customers and our partners in the portable electronics segment,” said Brian Faith, QuickLogic’s Director of Product Marketing. “Furthermore, we are pleased with the on-time execution of our development team and suppliers in bringing PolarPro to market.”

Targeted Applications

Emerging wireless and mass storage products such as Wi-Fi and miniature Hard Disk Drives (HDD) are converging in portable consumer electronics. Adopting these new capabilities can have a significant negative impact on battery life. PolarPro FPGAs were specifically architected to both enable adoption of these technologies and to minimize their effect on energy consumption.

Pricing and Availability

Pricing for the PolarPro FPGA devices starts at $2.95 in high volume quantities in the second half of 2006. For additional information, please visit www.quicklogic.com/polarpro.

QuickLogic to Host Online Seminar Introducing the PolarPro FPGA Family

Wed, 07 Dec 2005 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the lowest power programmable logic leader, will be hosting a TechOnline Seminar introducing its newest FPGA Family, PolarPro.

Date: Thursday, December 8th at 11:00 a.m. – 12:00 noon (PST)

To register online, visit: http://seminar2.techonline.com/s/quicklogic_dec0805

QuickLogic has taken a new approach to innovation that pushes low power to the extreme. In this one hour, in-depth seminar we will showcase how the PolarPro FPGA Family offers the lowest power programmable logic in the industry, drawing less than 10 μA standby current, making it an ideal choice for power sensitive applications.

During the seminar, we will also cover how emerging wireless and mass storage technologies such as Wi-Fi and Miniature Hard Disk Drives (HDDs) are converging in portable electronics and how PolarPro FPGAs were specifically architected to enable the adoption of these technologies while minimizing energy consumption.

QuickLogic Introduces PolarPro FPGA Architecture to Tackle Power Sensitive Applications

Mon, 07 Nov 2005 00:00:00 -0600

Innovative architecture tailored to address the needs of power sensitive applications, lowering FPGA power consumption to less than 10 uA

Enables intelligent bridging between processors and peripheral sub-systems

Expanded feature set enables wireless connectivity and efficient non-volatile storage while lowering overall system costs

QuickLogic Corporation (NASDAQ: QUIK), the low power programmable logic leader, today announced PolarPro, its latest FPGA architecture that will break new ground for FPGA adoption into portable electronic applications. Cost effective, ultra-low power and employing small form factor packaging technology, this architecture is poised to set a new standard for enabling innovation. PolarPro supports power-conserving strategies in portable applications, while maintaining the functionality and time-to-market advantages of traditional FPGAs.

The PolarPro architecture addresses both the need to reduce power consumption and decrease system design costs through its unique embedded circuitry. PolarPro combines FPGA logic with embedded circuitry for implementing high-bandwidth bus-to-bus interfaces, including large arrays of on-chip dual-port RAM with co-located asynchronous First-In, First-Out (FIFO) controllers, DDR interfaces for highly cost effective memory expansion, and clock management units. All device circuitry is optimized for low power usage through the new Very Low Power mode (VLP).

PolarPro Significantly Minimizes System Power

The new PolarPro FPGAs incorporate an 'instant' deep-sleep VLP standby mode that reduces power consumption to less than 10 uA. This is less than 1/1,000 that of flash-based FPGAs and less than 1/10,000 SRAM-based FPGAs respectively. This power conservation level is assured in all device situations due to the dedicated circuitry that isolates the I/O pads from the logic core when in standby mode.

With the VLP mode and instant-on operation, a host processor can put the PolarPro device into and out of sleep mode in just microseconds, letting the logic hardware be efficiently controlled with a system-level interrupt scheme and saving battery power when device functionality is not needed. This approach eliminates the common problem of device power consumption well above an FPGA's static power consumption figure when it is connected to an active bus – a common situation for processor-to-peripheral bridging implementation. In these types of applications, which are commonplace in products like Portable Media Players (PMPs), PDAs and cell phones, an FPGA's static power consumption of 100 uA might become tens of milliamps in reality.

“Our low power ViaLink® FPGA technology has allowed us to address wireless and storage connectivity challenges in portable electronics applications,” said Tom Hart, QuickLogic Chairman, President and CEO. “Through our work with companies such as Intel®, Atheros® and Seagate®, we have gained vital knowledge about the stringent energy resources available in today’s portable products as well as their sensitivity to cost. We have incorporated that knowledge into the new PolarPro architecture, utilizing the time-to-market advantages of FPGAs, increasing battery life and lowering the total system.”

PolarPro Lowers Overall System Cost

From a Consumer Electronics (CE) perspective, total product cost typically relates to the Bill of Materials (BOM) of a system. The aim of QuickLogic’s PolarPro architecture has been to reduce BOM cost by using the latest and lowest cost memory devices, such as mobile DDR2 memory, that leverage the high-volume markets of laptops and PCs. In addition, with QuickLogic’s ViaLink technology there is no in-rush current during power-up, such as that seen with SRAM-based FPGAs, further reducing the cost of advanced power management circuitry.

When programmable logic is used in systems with a processor, wired or wireless connectivity, and potentially non-volatile storage such as miniature hard disks, memory sticks, and other storage devices, the logic often must bridge different system clock-frequency domains. The PolarPro architecture addresses overhead costs with built-in FIFO controllers and other specialized circuitry. This provides a seamless, cost-effective way to bridge several clock domains together, allowing the designer to focus on other important energy conserving strategies.

By integrating FIFO controllers into the PolarPro architecture, QuickLogic reduces the effective silicon area required to implement such functions by 97%, delivering guaranteed asynchronous FIFOs for mere pennies. Additionally, to assist the designer with the bridging clock domains, PolarPro features advanced, low power Configurable Clock Managers (CCMs) that compensate for any “device internal” or “circuit-board external” interconnect delays.

Finally, the PolarPro multiplexer-based cell supports both the industry standard 4-input Look Up Table (LUT4) function, as well as a wider combination of functions with up to 13 inputs. This hybrid, variable grain logic cell leverages the significant investments in logic synthesis for LUT4 FPGA architectures in addition to the traditional wide fan-in PLD architectures. All these PolarPro innovations yield an FPGA platform that addresses the cost and stringent power consumption budgets of current and future portable electronic devices.

PolarPro Deliverables

Version 9.8 of QuickWorks® will be available for download from the QuickLogic website in early December. It will include timing, area and power-optimized designs for the PolarPro family suite of FPGA development tools. The VHDL and Verilog design entry is supported by industry-leading logic synthesis tools.

Availability and Pricing

The 640 logic cell device, the QL1P100, will be sampling in December, with the other members of the family expected to sample during 2006. In high volumes, the QL1P100 will be priced as low as $2.95.

QuickLogic to Present at the AeA Classic Financial Conference on November 8 – 9, 2005

Fri, 04 Nov 2005 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and the leader in lowest-power programmable logic solutions, will present at the AeA Classic Financial Conference November 8th and 9th at the Manchester Grand Hyatt in San Diego. Mr. E. Thomas Hart, QuickLogic chairman, president and chief executive officer, is scheduled to present in sessions on both days. During the presentation, Mr. Hart will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. A webcast of the presentation will be available:

Date: Wednesday, November 9, 2005

Time: 9:00 a.m. ET / Noon PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available one hour after the presentation ends and accessible for one year.

QuickLogic Lowest-Power FPGAs Supported by Precision Synthesis from Mentor Graphics

Mon, 31 Oct 2005 00:00:00 -0600

QuickLogic Corporation (NASDAQ: QUIK) today announced that the latest version of the Precision® Synthesis tool from Mentor Graphics® Corporation supports QuickLogic’s uWatt FPGAs and Programmable Bridges. Precision Synthesis incorporates logic synthesis algorithms optimized for minimizing area and power consumption, and maximizing performance for designs targeted at consumer electronics and other handheld applications.

The synthesis algorithms in Precision Synthesis work to reduce the number of logic levels typically used in a design. Reduced logic levels lead to increased performance and lower dynamic power consumption. Using an intuitive user interface, Precision Synthesis improves FPGA development productivity through pushbutton logic synthesis that improves time-to-market, and incremental and modular design flows that accelerate the number of design iterations engineers can perform per day. The tool also provides an enhanced cross-probing feature to speed design analysis and throughput by helping designers make decisions quickly and interactively on specific design architecture improvements. Precision Synthesis supports a broad range of industry-standard languages and offers complete support of VHDL, Verilog 2001, and SystemVerilog.

“Mentor Graphics is a recognized technology leader in synthesis tools. By extending support to our popular uWatt FPGAs and Programmable Bridges, our customers now have access to world-class synthesis tools that can significantly improve the performance, utilization and power consumption of their designs,” said Tom Hart, Chairman, President and CEO. “Dedicated Precision Synthesis users, whose systems require the lowest power FPGA available, now have native tool chain support for QuickLogic devices that fulfill this need.”

“Mentor Graphics is pleased to support QuickLogic to ensure that the powerful pushbutton and interactive optimization capabilities in our Precision Synthesis tool complement the full range of innovative features available in QuickLogic’s new device families,” said Simon Bloch, general manager, Design Creation and Synthesis Division, Mentor Graphics. “We believe our advanced synthesis support enables a very practical solution for the many companies competing in the consumer electronics arena, especially in handheld designs that demand efficient use of both power and area.”

Availability

QuickLogic device support is available in Precision Synthesis from Mentor Graphics as an overlay kit. For additional company and product information, please go to: http://www.quicklogic.com or http://www.mentor.com/products/fpga_pld/

QuickLogic Announces Third Quarter Results — Third Consecutive Profitable Quarter — Revenue Increases 6% Year-over-Year

Wed, 26 Oct 2005 00:00:00 -0500

Note to Editors: Download Financial Tables

Revenue for the third quarter of 2005 was $12.6 million, up 6 percent from $11.9 million in the third quarter of 2004, and down slightly from $12.8 million in the second quarter of 2005. ESP and Advanced ESP products contributed 36 percent of revenue in the third quarter of 2005, as compared with 41 percent of revenue in the second quarter of 2005. Under generally accepted accounting principles (GAAP), net income for the third quarter of 2005 was $1.6 million, or $0.06 per diluted share. This compares with a net loss of $899,000, or a net loss of $0.03 per share, in the third quarter of 2004, and with net income of $320,000, or $0.01 per diluted share, in the second quarter of 2005.

Non-GAAP net income for the third quarter of 2005 was $1.7 million, or $0.06 per diluted share, as compared with a non-GAAP net loss of $734,000, or a net loss of $0.03 per share, in the third quarter of 2004, and with non-GAAP net income of $1.8 million, or $0.06 per diluted share, in the second quarter of 2005. QuickLogic reports net income, or loss, in accordance with GAAP and additionally on a non-GAAP basis to highlight infrequent or non-recurring charges. Non-GAAP results, where applicable, exclude the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd.

“We are very pleased to report our 14th consecutive quarter of year-over-year revenue growth, our third consecutive quarter of profitability, and a strong gross margin,” said E. Thomas Hart, chairman, president and CEO. “Our debt-free cash is greater than $23.4 million, its highest level in more than three years. In addition, our low-power Eclipse II and QuickPCI II solutions continue to show strong design-in activity, especially for micro hard drive and Wi-Fi bridging for professional consumer applications, and have begun to contribute meaningful revenue.”

Conference Call

QuickLogic will hold a conference call at 2:30 pm Pacific Time today, October 26, 2005, to discuss the third quarter financial results. To participate, please call 1-866-800-8651 or 1-617-614-2704 (international) by 2:20 p.m. Pacific Time on October 26, 2005. You will need to reference the pass code: 32645956. A live webcast of the conference call will be available via the investor relations page of the company’s website at www.quicklogic.com. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 44586843. The call recording will be archived until November 9, 2005 and the webcast will be available for 12 months.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company also uses calculations of (i) non-GAAP net income (loss), which represents net income (loss) excluding the effect of the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd.; and (ii) non-GAAP net income (loss) per share, which represents basic and diluted net income (loss) per share excluding the write-off of long-lived assets and write-downs of the Company’s investment in Tower Semiconductor Ltd. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry. Investors should note, however, that the non-GAAP financial measures used by the Company may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. The Company does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP net income (loss) to non-GAAP net income (loss) is included in the financial statements portion of this release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic Announces Q3 FY2005 Earnings Conference Call

Thu, 13 Oct 2005 00:00:00 -0500

QuickLogic Corporation (Nasdaq:QUIK), has scheduled a conference call to discuss the company's operating results for its third quarter 2005 on Wednesday, October 26th, 2005, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's third quarter 2005 results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on October 26th, 2005. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call 1-866-800-8651 or International 1-617-614-2704 by 2:20 p.m. Pacific Time on October 26th, 2005. You will need to reference the passcode: 32645956. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 44586843. The call recording will be archived until November 9th, 2005 and the webcast will be available for 12 months.

QuickLogic Engages with Amkor in Design Chain Management Program

Mon, 12 Sep 2005 00:00:00 -0500

End-use customers benefit as Amkor helps QuickLogic shorten time to market while decreasing development costs and increasing quality

QuickLogic Corporation (NASDAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and leader in low power programmable logic, today announced that it has entered into a design service agreement with packaging leader Amkor Technology, Inc. Under this agreement, QuickLogic will have access to a broad range of Amkor’s package design and design chain management services, creating a program that elevates the package development process to a new level of time-to-market performance. Acknowledging the reality of rising hard costs associated with package manufacturing, Amkor is helping its customers manage their overhead or soft costs associated with package development by offering service level agreements that provide guaranteed levels of design chain support services.

“The goals of this program are to streamline overhead costs throughout the design chain, shorten design cycle times, and ultimately provide our customers with the opportunity to cost-effectively accelerate their time-to-market,” said Steve Lowder, Amkor’s Vice President of Design Services. “With increasing design activity for a broad range of end-product applications, it is important to align our resources with the needs of our customers to ensure that they have access to Amkor’s world-class design resources. We believe that broad adoption of service level agreements will foster improved management of design processes across the electronics supply chain.”

This strategy comes at a time when many semiconductor companies are looking for innovative ways to manage their costs in the face of increasing raw material prices and tight manufacturing capacity. “Amkor’s design service agreement fits into our overall strategy of identifying world-class partners and programs who can help us cut product development time and costs and help us deliver high quality, “best price” low-power FPGAs,” said Terry Barrette, Vice President of Operations at QuickLogic.

QuickLogic to Present at 2nd Annual SVB Tech Investors Forum

Wed, 31 Aug 2005 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), will present at the SVB Tech Investors Forum, which will be hosted by Silicon Valley Bank and SVB Alliant. This year's Forum, to be held September 7th and 8th at the Four Seasons Hotel in San Francisco, will feature presentations from 84 companies from across the U.S. in the hardware, semiconductor and software industries, selected for their past and potential growth, market performance and technology leadership.

Mr. E. Thomas Hart, QuickLogic chairman, president and chief executive officer, is scheduled to present at 9:20 a.m. (PT) on Thursday, September 8, 2005. During the presentation, Mr. Hart will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. A webcast of the presentation will be available:

Date: Thursday, September 8, 2005

Time: 12:20 p.m. ET / 9:20 a.m. PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available 24 hours after the presentation ends and accessible for 90 days.

QuickLogic and Interconnect Systems Provide HiLo Socket Solutions

Mon, 29 Aug 2005 00:00:00 -0500

Enables system verification for space-constrained portable consumer electronics applications

Low socket profile keeps the board height at chip level

QuickLogic Corporation (NASDAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and leader in low power programmable logic, today announced the availability of the HiLo socket from Interconnect Systems, Inc. (ISI). The HiLo development sockets allow designers to easily prototype their space-constrained designs using footprint-compatible sockets.

The HiLo socketing system can reduce development costs by allowing the same printed circuit board to be used for prototyping and production, thus cutting down on system development time. When every millimeter counts, the low-profile 2mm socket height enables low-profile prototypes since the board height, a critical constraint for handheld applications, remains at chip level.

For chip mounting using the HiLo system, the chip is attached to a pin field and a socket is soldered to the printed-circuit board. The pin field is then inserted into the socket. The pin field and socket combination accommodates multiple applications including production IC board mounting, board-to-board connection and other creative uses. The HiLo socket requires less insertion force per contact, supports high-speed applications, and is "pick and place" compatible.

"Success of consumer electronics products depends greatly on the adoption of new technology and the rate at which products are delivered to market," said Brian Faith, Senior Director of Product Marketing. "In providing the HiLo socket system to designers of consumer applications, we help cut their development costs and speed time to market by allowing them to develop their system with the same printed circuit board as they intend to use for production, eliminating the need for board spins late in the design cycle.

Pricing and Availability

The ISI HiLo sockets are available from ISI for as low as $93.00. For additional company or product information, please go to www.quicklogic.com or to www.isipkg.com

QuickLogic Continues its Focus on Low-Power Portable Applications by Joining SD Card and CE-ATA Organizations

Tue, 16 Aug 2005 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the low power programmable logic leader, today announced it has joined both the SD Card Association and the CE-ATA Organization. The SD Card and CE-ATA groups develop low-power bus and form factor standards for memory, networking and storage peripherals that will be adopted into portable consumer products. By joining these groups, QuickLogic enhances its low-power ecosystem that includes Eclipse II FPGAs, PowerAware software and strong industry partners.

“QuickLogic has demonstrated industry leadership by providing ultra low-power FPGA solutions for power-sensitive, portable products,” said Kevin Yee, Director of Business Development. “We are extending our commitment to portable consumer products through our membership in the SD Card and CE-ATA organization, and we believe that through our membership, we can share our expertise in dealing with power issues while simultaneously gathering additional information on how to better serve our customers.”

QuickLogic introduced its first family of uWatt programmable bridges earlier this year to provide efficient Wi-Fi and hard disk drive connectivity for users of embedded processors including Intel’s PXA product family. In addition to providing the desired interfaces, the programmable nature of the devices enables a high degree of customization, providing opportunities to perform sophisticated power management, reduce the loading on the main processor and securely implement content authentication logic.

About SD Card Association and CE-ATA

The SD Card Association (www.sdcard.org) aims to establish the technical and specification standards for SD Memory Card applications, to continuously promote the SD memory card as the de-facto industry standard, and to encourage the development of digital A/V, wireless communication, and digital networking products that utilize the many unique benefits of SD technology.

Leading industry consumer and storage companies are spearheading the CE-ATA initiative (www.ce-ata.org) to define a storage interface tailored to the needs of the handheld and consumer electronics (CE) market segments. The objective of the initiative is to define a standard interface for small form factor disk drives that addresses the requirements of the handheld and CE market segments, including low pin count, low voltage, power efficiency, cost effectiveness, and integration efficiency.

QuickLogic to Present at the Summer Tech Fest 2005 Investor Conference Hosted by C.E. Unterberg Towbin and Security Research Associates

Mon, 08 Aug 2005 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), will present at the Summer Tech Fest 2005 Investor Conference hosted by C.E. Unterberg Towbin and Security Research Associates on Wednesday, August 10, 2005 in San Francisco, Calif. Mr. E. Thomas Hart, QuickLogic chairman, president and chief executive officer, is scheduled to present at 1:00 p.m. (PT). During the presentation, Mr. Hart will provide an overview of the company's strategy, industry trends influencing its business, and the company's value proposition. A webcast of the presentation will be available:

Date: Wednesday, August 10, 2005

Time: 4:00 p.m. ET / 1:00 p.m. PT for the live presentation

Location: On the web at ir.quicklogic.com

Replay: Available 24 hours after the presentation ends and accessible for 90 days.

QuickLogic Announces Second Quarter Results — Revenue Increases 14% Year-over-Year and Profitability Continues

Wed, 27 Jul 2005 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the second quarter ended June 30, 2005.

Revenue for the second quarter of 2005 was $12.8 million, up 14% from $11.2 million in the second quarter of 2004, and up 2% from $12.5 million in the first quarter of 2005. ESP and Advanced ESP products contributed 41% of revenue in the second quarter of 2005, up from 32% of revenue in the first quarter of 2005. Under generally accepted accounting principles (GAAP), net income for the second quarter of 2005 was $320,000, or $0.01 per share, including a $1.5 million write-down of our investment in Tower Semiconductor Ltd. This compares with a net loss of $529,000, or a net loss of $0.02 per share, in the second quarter of 2004, and with net income of $864,000, or $0.03 per share, in the first quarter of 2005.

Excluding the effect of the investment write-down, non-GAAP net income for the second quarter of 2005 was $1.8 million, or $0.06 per diluted share, compared with non-GAAP net loss of $529,000, or a net loss of $0.02 per share, in the second quarter of 2004, and with non-GAAP net income of $864,000, or $0.03 per diluted share, in the first quarter of 2005.

QuickLogic reports net income or loss in accordance with GAAP and additionally on a non-GAAP basis to highlight infrequent or non-recurring expense the Company may incur from time to time. Non-GAAP results for the second quarter of 2005 exclude write-downs of the Company's investment in Tower Semiconductor Ltd. There was no difference between GAAP and non-GAAP net income or loss in the first quarter of 2005 or in the second quarter of 2004.

“We are very pleased with our second quarter financial results. Our revenue, gross margin percentage and non-GAAP net income were the highest they have been since 2000,” said E. Thomas Hart, chairman, president and CEO. “We were profitable for the second quarter in a row and cash increased to $25.1 million during the quarter. In addition, our low power Eclipse II and QuickPCI II solutions have continued strong design-in activity, especially for micro hard drive and WiFi bridging applications.”

Conference Call

QuickLogic will hold a conference call at 2:30 pm Pacific Time today, July 27, 2005, to discuss the second quarter financial results. To participate, please call 1-866-700-0161 or 1-617-213-8832 (international) by 2:20 p.m. Pacific Time on July 27, 2005. You will need to reference the pass code: 35926789. A live webcast of the conference call will be available via the investor relations page of the company’s website at www.quicklogic.com. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 17940220. Both the webcast and the call recording will be archived until August 10th, 2005.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company also uses calculations of (i) non-GAAP net income (loss), which represents net income (loss) excluding the effect of write-downs of the Company's investment in Tower Semiconductor Ltd.; and (ii) non-GAAP net income (loss) per share, which represents basic and diluted net income (loss) per share excluding write-downs of the Company's investment in Tower Semiconductor Ltd. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company's industry. Investors should note, however, that the non-GAAP financial measures used by the Company may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. The Company does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP net income (loss) to non-GAAP net income (loss) is included in the financial statements portion of this release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic Joins New Russell Microcap Index

Fri, 15 Jul 2005 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), announced today that it joined the Russell Microcap™ Index. The newly launched Russell Microcap Index, which debuted on July 1, comprises the smallest 1,000 securities in the small-cap Russell 2000™ Index along with the next smallest 1,000 companies, based on a ranking of all U.S. equities by market capitalization.

“We are pleased that QuickLogic is included in the Russell Microcap Index,” said E. Thomas Hart, chairman, president and chief executive officer of QuickLogic. “Our inclusion will help to increase QuickLogic’s visibility among the investment community.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. More than $2.5 trillion in assets currently are benchmarked to them. Investment managers who oversee these funds purchase shares of member stocks according to that company’s weighting in the particular index.

This news release contains certain forward-looking statements that involve risks and uncertainties. Such forward-looking statements include statements regarding the benefits of the company being listed on the Russell Microcap Index. Such statements are only predictions and the company may not realize the stated benefits. Factors that may cause such differences include market conditions and others that are more fully discussed in the company's periodic reports and other filings with the SEC.

QuickLogic Corporation to Present at the C.E. Unterberg, Towbin’s Emerging Growth Conference

Fri, 08 Jul 2005 00:00:00 -0500

QuickLogic Corporation (NASDAQ:QUIK), today announced that it will present at the C.E. Unterberg, Towbin’s Emerging Growth Conference on Tuesday July 12, 2005, at the Mandarin Hotel, located at 80 Columbus Circle at 60th Street, New York City, NY. Mr. E. Thomas Hart, QuickLogic chairman, president and chief executive officer, is scheduled to present from 1:50 p.m. until 2:15 p.m. (ET). During the presentation, Mr. Hart will provide an overview of the company’s strategy, industry trends influencing its business, and the company's value proposition.

There will be a live webcast of the event available through QuickLogic's web site at http://ir.quicklogic.com/

QuickLogic and Viosoft Partner to Provide Embedded Linux Toolkit for Mobile Platform Developers

Mon, 27 Jun 2005 00:00:00 -0500

Arriba Embedded Linux Edition enhances developers’ ability to create and verify time-critical embedded software drivers for QuickLogic’s companion devices for Intel’s PXA2xx processor.

QuickLogic Corporation (NADAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and a leading supplier of uWatt FPGAs, along with Viosoft®, a provider of fully integrated embedded Linux software solutions, today announced support of QuickLogic’s Wi-Fi bridge and HDD controller solutions for Intel’s PXA2xx® embedded processor with the Arriba Embedded Linux Edition.

Software and driver development has increasingly become a critical element in embedded system development. Not only is having a hardware platform for development a necessity, but also having a software platform that allows engineers to quickly test and debug source code has become crucial. QuickLogic’s hardware development platform and Viosoft’s Arriba debugger provide the hardware and software combination needed to rapidly develop Linux-based mobile embedded applications.

The Arriba Embedded Linux Edition for the QuickLogic Mobile Applications Platform comes pre-configured for Intel’s PXA270 Mainstone DVK system, and supports QuickLogic’s Mobile Applications Board (MAB) running under Embedded Linux. The development environment is customized for the development and deployment of device drivers, loadable modules and user-mode applications.

Among the feature rich functions of the Arriba Embedded Linux are:

Source level debugger of kernel device driver (including init_module code), threads and processes from a single connection

Debugging of device drivers without pre-empting the PXA270 servicing of external interrupts

Graphical debugger GUI hosted on Linux and/or Windows® platforms

Ability to import, configure and integrate various components of the Linux kernel with their applications code from a single desktop environment

GNU cross-compiler and utilities targeted for the Intel PXA270 embedded processor

An Embedded Linux Kernel and Filesystem image for the Mainstone evaluation board

“The challenge with developing applications and drivers for today’s embedded systems is the ability to debug multi-media applications at full system speeds,” said Hieu Tran, CEO and Chairman of Viosoft. “The integration of the Arriba Embedded Linux debugger with QuickLogic’s Wi-Fi and HDD Solution Packs completes the Linux package that customers are looking for in a development environment.”

“Arriba Embedded Linux provides our customers a rich and intuitive development environment to develop, debug and deploy mobile applications based upon QuickLogic’s Wi-Fi and HDD Solution Packs,” said Kevin Yee, Director of Business Development. “Now customers can effectively bring products to market more quickly for the portable and handheld markets.”

Pricing and Availability

The Viosoft Arriba Embedded Linux Edition is available now for $4999 from Viosoft. The Wi-Fi and HDD Solutions Packs, QV-PXA-MiniPCI and QV-PXA-IDE, are available for $999 via QuickLogic. For additional company and product information, please go to http://www.quicklogic.com or http://www.viosoft.com

QuickLogic Ships Industry’s Lowest Power Mil-Temp FPGAs

Tue, 07 Jun 2005 00:00:00 -0500

Eclipse II ultra low-power programmable logic devices combine performance, density and embedded SRAM for high reliability applications

QuickLogic Corporation (NASDAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and a leading supplier of uWatt FPGAs, today announced the production availability of military-temperature versions of its popular Eclipse II FPGA product. The Eclipse II family of uWatt FPGAs provide customizable logic solutions for critical military applications including aircraft navigation and flight controls, data recorders, weapons systems and military communications equipment. An increasing number of these applications, such as the Joint Tactical Radio System (JTRS), are becoming portable or battery-operated, fueling a requirement for semiconductor suppliers to these markets to concurrently increase functionality at reduced power consumption.

Traditionally, logic solutions for low power military applications have been implemented exclusively in ASICs, due largely to the fact that FPGAs could not minimize their static and dynamic power consumption to an acceptable level. ASICs, however, require lengthy and highly complex development and debug cycles and have procurement models with large minimum order quantities. The industry-leading low power reality of Eclipse II uWatt FPGAs addresses the needs of these power-critical military application segments such as portable personal communications, global positioning and smart munitions. Additionally, the adoption of a device from the Eclipse II uWatt FPGA family drastically reduces design cycle time to a matter of weeks at a fraction of the total cost of ownership of ASICs.

“QuickLogic has a long track record of delivering programmable logic solutions to a broad spectrum of applications within the military and aerospace market segment. The security, non-volatility and instant-on nature of our patented ViaLink® technology make our devices an excellent fit for systems that demand high reliability,” said Brian Faith, Senior Director of Product Marketing.

Technical Information

The entire Eclipse II product family is based on QuickLogic’s patented ViaLink metal-to-metal programmable interconnect technology, enabling the low power, non-volatility, and security demanded by rugged military applications. The quiescent current of the Eclipse II products are as low as 70 uAmps at 125C, two orders of magnitude lower than competitors’ FPGAs under comparable conditions. Densities range from 47K to 320K system gates. Eclipse II incorporates embedded dual-port SRAM and supports a wide range of I/O standards to enable several board-level components to be integrated into a single chip. For technical information and specs, go to www.quicklogic.com/lowpower.

Software and Intellectual Property Support

The Eclipse-II FPGA family is supported in QuickLogic’s QuickWorks version 9.7 development tool suite and is available for download from www.quicklogic.com/software.
QuickLogic offers Intellectual Property targeted specifically for Eclipse-II FPGAs including industry-standard memory and I/O bus interfaces, DSP functions, CPU cores and other commonly used peripherals.

Pricing and Availability

The Eclipse-II Mil-Temp FPGA family of devices starts at $15.00 in 5K piece quantities. For additional company and product information, please go to www.quicklogic.com.

QuickLogic Names Christine Russell to Board of Directors

Mon, 06 Jun 2005 00:00:00 -0500

QuickLogic Corporation (NASDAQ: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced that Christine Russell, Chief Financial Officer of OuterBay Technologies, has been named to QuickLogic’s Board of Directors. Ms. Russell will also serve as the Company’s designated Audit Committee Financial Expert, replacing Mr. Michael J. Callahan in this capacity.

“Christine brings extensive operating experience and financial expertise to our board of directors,” said Tom Hart, QuickLogic’s Chairman, President, and CEO. “We are very pleased to have Christine join our team and look forward to her overall contributions, especially in the critical role as our Audit Committee Financial Expert.” Ms. Russell’s selection to the QuickLogic Board of Directors brings the total number of directors to six, five of whom are independent. Ms. Russell will serve as a Class III director, with a term of three years expiring on the date on which the Company’s Annual Meeting of Stockholders is held in 2008.

Ms. Russell has been a financial executive in technology for over 20 years with experience in both emerging and larger firms. She was most recently Chief Financial Officer of Ceva, Inc. (NASDAQ: CEVA). She also served as CFO of Persistence Software, Inc. and Valence Technology, both NASDAQ listed companies, where she successfully completed their IPO’s. Prior to Persistence, Ms. Russell was CFO of Cygnus Solutions (subsequently acquired by RedHat), a provider of development tools and platforms for embedded technologies. Other companies where Ms. Russell held financial executive positions include Xerox and Measurex (acquired by Honeywell).

Ms. Russell is a Director and Chair of the Audit Committee of Peak International, Ltd and is a member of the Santa Clara University Leavey School of Business Advisory Board. She also serves as a member of the Ethics and Eligibility Committee of Financial Executives International (FEI) and is a Past President and Board Member of the Silicon Valley Chapter of FEI. Ms. Russell holds BA and MBA degrees from Santa Clara University.

QuickLogic Announces µWatt Programmable Controller for the Intel® PXA2XX Processor Line

Mon, 02 May 2005 00:00:00 -0500

Ultra Low Power Programmable Controller enables rapid adoption of Miniature Hard Disk Drive (HDD) technologies into Intel® PXA2XX-based embedded systems

QuickLogic HDD Solution Pack reduces risk and time to market

QuickLogic Corporation (Nasdaq: QUIK), a pioneer of Embedded Standard Products and µWatt FPGAs, announced their µWatt Programmable Controller optimized for the Intel® PXA2XX Processor line based on Intel’s XScale® technology. The QuickLogic programmable Hard Disk Drive (HDD) controller solution enables designers to expand the Intel® PXA2XX processor’s native interface set to communicate with IDE–based HDDs. Applications such as Handheld Navigational Equipment, Portable Media Players and Portable Medical Systems all stand to benefit from QuickLogic’s industry-leading low power technology.

The QuickLogic programmable controller has been architected specifically to ensure the highest system bandwidth at the lowest power consumption. In consumer electronic (CE) products, particularly multimedia players, processor bandwidth is a precious commodity. By embedding dedicated sector buffers, and by offloading the PXA processor from managing the overhead of IDE timing and polling operations, the QuickLogic controller enables the PXA processor to operate on other processor-intensive tasks concurrently.

In addition to the device itself, QuickLogic has developed a complete HDD Solution Pack that includes a daughtercard for the Intel® PXA270-based Processor Developer’s Kit (“Mainstone” DVK) and a complete Board Support Package (BSP) for the Windows CE and Windows Mobile operating systems. A BSP for the Linux operating system will be released in the near future. The daughter card supports all IDE-compatible HDDs, including the 1.8” and 1.0” form factor miniature disk drives optimized for space-constrained and power-starved consumer products. The Solution Pack enables designers to make system architecture tradeoffs including power consumption, performance and cost, improving developers’ time to market and eliminating risk.

"The combination of Intel’s PXA processor and QuickLogic’s programmable IDE controller is the ideal solution for system developers looking for a low power, high performance answer to the challenge of adding hard disk storage to their portable embedded systems,” said Kevin Yee, QuickLogic’s Director of Business Development.

“Small form factor storage (HDD) is a key element for today’s latest embedded handheld applications where a very large amount of storage of data and rich media is required, such as portable media players and navigation systems,” said Scott Dunagan, Intel’s Director of Marketing for embedded PXA2XX products. “QuickLogic’s µWatt programmable controller provides our embedded customers with a hard disk drive solution with minimal impact to system cost, power and board space.”

The release of this µWatt programmable controller solution underscores QuickLogic’s commitment to providing low power connectivity between the Intel® PXA2XX family of processors and a host of emerging networking, storage and media processing technologies that target portable and handheld markets. QuickLogic recently announced its first µWatt programmable bridge enabling the seamless integration of PCI-based peripherals such as Wi-Fi chipsets, Ultra-Wideband (UWB) devices and Ethernet controllers into embedded systems based on the Intel PXA2XX processor line.

QuickLogic will host a TechOnLine online seminar related to this announcement on May 4, 2005 at 10:00 a.m., PST. To register for the seminar, please go to: www.quicklogic.com/seminar

QuickLogic is a General Member of the Intel® Communications Alliance, a community of communications and embedded developers and solution providers.

Availability

The QuickLogic HDD Solution Pack is sampling today and expected to be in production by the end of May. For pricing, contact your local QuickLogic Sales Representative at www.quicklogic.com/sales or send an email to marketing@quicklogic.com.

QuickLogic Announces First Quarter Results — Revenue Increases 21% Year-on-Year and Company Returns to Profitability

Wed, 27 Apr 2005 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (NASDAQ: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the first quarter ended March 31, 2005.

Revenue for the first quarter of 2005 was $12.5 million, up 21% from revenue of $10.4 million in the first quarter of 2004, and up 13% sequentially as compared to the fourth quarter of 2004. ESP and Advanced ESP products contributed 34% of revenue in the first quarter of 2005. Under generally accepted accounting principles (GAAP), net income for the first quarter of 2005 was $0.9 million, or $0.03 per share, as compared to a net loss of $1.4 million, or $0.06 per share, in the first quarter of 2004, and as compared to a net loss of $6.0 million, or $0.23 per share, in the fourth quarter of 2004.

The pro forma net income for the first quarter of 2005 was $0.9 million, or $0.03 per share, as compared to a net loss of $1.4 million, or $0.06 per share, in the first quarter of 2004, and as compared to a net loss of $1.3 million, or $0.05 per share, in the fourth quarter of 2004.

QuickLogic reports net income (loss) and net income (loss) per share in accordance with GAAP and additionally on a non-GAAP, or pro forma, basis. Pro forma results, where applicable, exclude write-downs of the Company’s investment in Tower Semiconductor Ltd., the write-off of long-lived assets and long-lived asset impairments. There was no difference between GAAP and pro forma net income (loss) in the first quarter of 2005 or in the first quarter of 2004.

“We are very pleased with 13% sequential revenue growth and particularly our return to profitability in the first quarter,” said Tom Hart, Chairman, President and CEO. “Net bookings in the quarter were at an all time high. In addition, our new QuickPCI II and Eclipse II FPGAs – the lowest power FPGAs in the industry – continue to build design momentum with our customers and partners. Our confidence in the revenue potential from these products continues to grow.”

Conference Call

Our conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the conference call, please call 1-866-761-0748 or 1-617-614-2706 (international) by 2:20 p.m. Pacific Time on April 27, 2005. You will need to reference the pass code: 92426352. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 36758781. Both the webcast and the call recording will be archived until May 11th, 2005.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP, or pro forma, financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company also uses calculations of (i) non-GAAP net income (loss), which represents net income (loss) excluding the effect of write-downs of the Company’s investment in Tower Semiconductor Ltd., long-lived asset impairments and the write-off of long-lived assets; and (ii) non-GAAP net income (loss) per share, which represents basic and diluted net income (loss) per share excluding write-downs of the Company’s investment in Tower Semiconductor Ltd., long-lived asset impairments and the write-off of long-lived assets. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry. Investors should note, however, that the non-GAAP financial measures used by the Company may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. The Company does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP net income (loss) to non-GAAP net income (loss) is included in the financial statements portion of this release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

Intel Corporation and QuickLogic Host Online Seminar on Wireless and Storage Solutions for the PXA Embedded Processor

Wed, 27 Apr 2005 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), and Intel Corporation will be hosting a TechOnline Seminar on enabling wireless and storage connectivity solutions for mobile and portable applications using Intel® PXA Embedded Processors.

DATE: Wednesday, May 4th at 10:00 a.m. – 11:00 a.m. (PST)

For more information or to register online, visit: www.quicklogic.com/seminar

What you will learn:

Intel® PXA embedded processor architecture
Architectural tradeoffs and how designs can be tailored for application requirements, including performance, system latency, cost and power consumption
How high throughput wireless connectivity via 802.11ag can be integrated without having to redesign the major hardware/software components of your PXA-based system
How QuickLogic enables connectivity for Intel® PXA embedded processor to miniature Hard Disk Drive storage (HDD), while maximizing system performance and lowering overall power consumption

PC-based technologies, such as 802.11 (Wi-Fi) and HDD are being rapidly adopted in the embedded world. The ubiquitous nature of Wi-Fi and the low price points of miniature HDDs are very appealing for applications such as Voice-over-IP Handphones, Portable Media Players (PMPs), Portable Navigation Equipment, and SmartPhones. The Intel® PXA processor (PXA2XX), along with QuickLogic's intelligent programmable bridges, can enable the high throughput these applications desire at the low power consumption these applications require to be commercially successful. Intel and QuickLogic have demonstrated proven connectivity between the PXA embedded processor and these emerging technologies using the Intel® MainStone DVK and Board Support Packages (BSPs) supporting Windows® CE, Windows® Mobile and Linux.

QuickLogic Enables the Adoption of Atheros Communications’ Advanced Wireless LAN Chipsets

Mon, 18 Apr 2005 00:00:00 -0500

µWatt Programmable Bridges enable WLAN connectivity between embedded systems and Atheros Communications’ 802.11a/b/g chipsets

QuickLogic Corporation (NASDAQ: QUIK), a pioneer of Embedded Standard Products and uWatt FPGAs, announced its uWatt Programmable Bridge optimized for the Atheros Communications® (NASDAQ: ATHR) line of 802.11a/b/g chipsets. The QuickPCI-based bridge solution helps Atheros Communications address additional high volume markets by enabling the necessary connectivity between its PCI-based WLAN chipsets and embedded processors that do not natively support PCI. The single-chip, low-power programmable bridge is ideally suited for applications such as handheld GPS, VoWLAN PDAs, and smartphones.

In addition to the bridge, QuickLogic has developed a complete Wi-Fi connectivity solution based on Atheros Communications’ AR5006XS single chip 802.11a/b/g miniPCI module. The solution includes a daughtercard that plugs seamlessly into the Intel® PXA270-based Processor Developer Kit (“Mainstone” DVK) and a complete Board Support Package (BSP) for the Linux operating system. The daughtercard connects easily into the VLIO connector of the DVK and enables the WLAN module via a miniPCI connector.

This entire design, accomplished through a close collaboration between Atheros Communications and QuickLogic, accelerates developers’ time to market, while significantly reducing both development costs and project risk. Intelligent circuitry implemented in the QuickLogic Programmable Bridge provides additional power management functionality that increases system operating time, while being battery powered. QuickLogic plans to support the Windows CE and Windows Mobile operating systems in the future.

“Atheros has demonstrated clear leadership in the WLAN market by being the first to deliver a single chip 802.11a/b/g solution,” says Dr. Craig Barratt, president and CEO of Atheros Communications. “QuickLogic’s low power programmable interconnect solutions enable our customers to extend Wireless LAN connectivity to mobile embedded systems such as VoIP Phones, and Personal Digital Assistants (PDAs).”

“Atheros Communications has experienced phenomenal adoption of its Wireless LAN technology in the personal computer and networking equipment markets,” said Tom Hart, QuickLogic’s chairman, president and CEO. “We look forward to enabling designers of mobile embedded systems to reap the many benefits of Atheros’ innovative single chip WLAN devices.”

Availability

QuickLogic demonstrated their Wi-Fi 802.11a/b/g connectivity platform based on Atheros’ WLAN technology during the Embedded Systems Conference (ESC) San Francisco 2005. The QuickPCI device is released for production. For pricing, contact your local QuickLogic sales representative at www.quicklogic.com/sales.

QuickLogic Corporation Announces Q1 FY2005 Earnings Conference Call

Thu, 14 Apr 2005 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), has scheduled a conference call to discuss the company's operating results for its first quarter 2005 on Wednesday, April 27th, 2005, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's first quarter 2005 results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time (AMC) on April 27th, 2005. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at ir.quicklogic.com. For access to the live conference call, please call 1-866-761-0748 or International 1-617-614-2706 by 2:20 p.m. Pacific Time on April 27th, 2005. You will need to reference the passcode: 92426352. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 36758781. Both the webcast and the call recording will be archived until May 11th, 2005.

QuickLogic in Top Five Logic Suppliers List in EETimes “Ultimate Products”

Wed, 30 Mar 2005 00:00:00 -0600

QuickLogic’s µWatt Programmable Bridges enable low-power connectivity to Wi-Fi modules for mobile embedded applications

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products and µWatt FPGAs, was selected by EETimes readers as one of the Top 5 providers of logic products. The product selected was the QuickLogic Eclipse II Ultra Low Power FPGA coupled with a processor from the Renesas SuperH® family of embedded processors. The Eclipse II FPGA serves as a µWatt programmable bridge, allowing the Renesas processor to intelligently connect to miniPCI and Cardbus-based Wi-Fi modules or chipsets.

A typical reader’s comment on the QuickLogic/Renesas combination was “…very useful for mobile communication. I would like to use it in my work.” The complete list of product categories and products selected is contained in the February 28, 2005 issue of the EETimes Ultimate Products.

Wireless LAN technology, or Wi-Fi, has been proliferating for years into the personal computer and networking equipment market. However, Wi-Fi modules often do not have the same native interface as the embedded processors used in mobile embedded systems such as Smartphones, PDAs, handheld GPS systems and gaming applications. QuickLogic solves this problem by providing an intelligent bridging function between technologies with its ultra-low-power Eclipse II and QuickPCI products. Earlier this month, QuickLogic introduced the first of its µWatt programmable bridges optimized for Intel’s PXA2xx family of embedded processors. Additionally, QuickLogic and Renesas have jointly developed reference platforms that give Voice-over-Wireless LAN (VoWLAN) product designers a “head start” in developing high-quality and feature-rich phones for their customers.

QuickLogic Helps Engineers Break Through the Verification Bottleneck

Thu, 24 Mar 2005 00:00:00 -0600

QuickWorks® 9.7 Hard Macro tool improves the verification cycle time

QuickLogic Corporation (Nasdaq: QUIK), a pioneer of Embedded Standard Products, today announced that QuickWorks® 9.7 is now available. This release integrates a new Hard Macro tool that enables designers to realize dramatic improvements in their verification cycle. The breakthrough capability brings the benefits of the design reuse methodology to designers of QuickLogic’s uWatt FPGA, programmable bridging and programmable SoC products.

As designs continue to grow in complexity, engineers spend significantly more time in the verification phase than the actual design phase. This dilemma is amplified in the consumer electronics (CE) market where product design cycles are typically less than six months. Many of these designs are evolutionary. The ability to leverage the verification efforts of previous designs implementations can significantly improve future development schedules.

“Designers of CE products have clearly embraced programmable logic as a means to deliver their products to market with differentiated features,” said Brian Faith, QuickLogic’s Senior Director of Logic Products. “We believe it is incumbent upon FPGA suppliers to facilitate the improvement of these designers’ aggressive development schedules. Our new Hard Macro tool underscores QuickLogic’s commitment to achieving this by providing a tool focused on maximizing efficiency and minimizing risk.”

QuickLogic designers can now use the Hard Macro tool to “harden” the Verilog or VHDL intellectual property content with embedded placement information. This tool enables the generation of encrypted standard modules that promotes design reuse in future designs.

“Turnkey projects have become more and more important into today’s consumer electronics markets. Shorter time-to-market, shorter product life spans and higher degrees of flexibility demand the most from companies,” said Richard Meester, President of Quest Innovations, B.V. “QuickLogic’s Hard Macro tool, coupled with their uWatt FPGAs and Programmable Bridges, enables Quest Innovations to ensure our customers meet these market demands.”

Pricing and Availability

The QuickWorks 9.7 Windows®-based tool is available today at no cost and can be downloaded at: http://www.quicklogic.com/downloads

QuickLogic Announces µWatt Programmable Bridge for the Intel® PXA2XX Processor Line

Mon, 14 Mar 2005 00:00:00 -0600

Ultra Low Power Programmable Bridge enables rapid adoption of emerging technologies not natively supported by the Intel® PXA2XX Family of processors

Proven solution reduces risk, improves time to market and reduces development costs

QuickLogic Corporation (Nasdaq: QUIK), a pioneer of Embedded Standard Products and µWatt FPGAs, announced their first in a series of µWatt Programmable Bridges optimized for Intel® PXA2XX Processor line based on the Intel XScale® microarchitecture. The QuickPCI-based bridge solution enables designers to expand the Intel XScale® microarchitecture’s native peripheral set to communicate with PCI–based peripherals, such as Wi-Fi, Ultra Wideband and USB2.0. Applications such as Handheld GPS, Portable Medical, VoWLAN PDAs and Smartphones stand to benefit from QuickLogic’s industry leading low power technology.

In addition to the bridge, QuickLogic has developed a complete Wi-Fi solution that includes a Daughtercard that plugs seamlessly into Intel® PXA270-based Processor Developer’s Kit (“Mainstone” DVK) and a complete Board Support Package (BSP) for the Linux operating system. The Daughtercard connects easily into the VLIO connector of the DVK, allowing designers to make system architecture tradeoffs including power consumption, performance and cost. This improves developers’ time to market and eliminates risk. QuickLogic currently plans to support the Windows CE and Windows Mobile operating systems in the future.

“The Intel® PXA2XX Processor line is clearly gaining massive support in high-growth, mobile consumer applications,” said Kevin Yee, QuickLogic’s Director of Business Development. “Our companion solution provides the unique combination of system performance at very low power, a void left unaddressed by traditional FPGA and CPLD solutions.”

“The connectivity that QuickLogic’s programmable bridge provides allows us to address emerging markets with our existing embedded processors,” said Scott Dunagan, Intel’s Director of Marketing. “In particular, it addresses the near-term opportunity presented by the broad availability of 802.11a/b/g chipsets for portable and handheld consumer market segments such as VoWLAN phones, games and medical devices.”

The release of this µWatt programmable bridge solution represents the first step towards providing low power connectivity between the Intel® PXA2XX Family of processors and a host of emerging networking, storage and media processing technologies that target portable and handheld markets.

QuickLogic is a General Member of the Intel® Communications Alliance, a community of communications and embedded developers and solution providers.

Availability

QuickLogic demonstrated their Wi-Fi 802.11a/b/g connectivity platform during the Embedded Systems Conference (ESC) San Francisco 2005. The QuickPCI device is production released. For pricing, contact your local QuickLogic sales representative at www.quicklogic.com/sales.

Inova Semiconductors Chooses QuickLogic to Extend the Reach of Digital Video

Tue, 08 Mar 2005 00:00:00 -0600

Eclipse II FPGAs enable the highest performance at the lowest power for Digital Video Extender application

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), today announced that the company’s Eclipse II family of ultra low power FPGAs was selected by Inova® Semiconductors for use in their Digital Video Interface (DVI) Extender application. The design, using Inova Semiconductors’ GigaSTaR (Gigabit Serial Transmit and Receive) technology, replaces countless analog solutions currently being employed today in the digital visualization and infotainment systems market. This large, emerging market segment is stimulated by the continued cost reductions seen in the Flat Panel display market.

“QuickLogic enabled us to connect our GigaSTaR Digital Display Link (DDL) product to the Digital Video Interface (DVI) commonly used in High Definition (HD) plasma monitors and displays,” says Axel Krepil, Sales and Marketing Director at Inova Semiconductors. “The Eclipse II FPGA we designed with combined gigabit/s performance and milliwatt power consumption, allowing us to deliver products to the rapidly growing digital consumer market by enabling our customers to transmit HD-quality video up to 50 meters and beyond of standard, low-cost CAT5 cabling.”

“Our Eclipse II FPGAs continue to establish the industry benchmark for lowest power consumption without sacrificing performance,” says Brian Faith, Senior Director of Product Marketing at QuickLogic Corporation. “This enables our customers to bring high performance applications, such as digital video and wireless communications to new low power platforms. We are pleased that Inova Semiconductors has chosen Eclipse II FPGAs to play a key role in their application due to the intrinsic benefits of our architecture.”

About Eclipse II

QuickLogic’s Eclipse II uWatt family of ultra-low power FPGAs combines the enhanced features of next-generation FPGA devices with power consumption lower than that available with CPLDs. Eclipse II features include densities up to 320,000 system gates, up to 55,000 bits of on-chip dual-port SRAM, and standby currents as low at 14uA. See the QuickLogic website for additional information on Eclipse II http://www.quicklogic.com/eclipse-ii/.

About GigaSTaR Digital Display Link

The GigaSTaR Digital Display Link (DDL) is available in two product families: DDL165 (transmitter INDT165 and receiver INDR165) for screen resolutions up to XGA, and DDL330 (INDT330 and INDR330) up to SXGA/UXGA. All DDL chips offer a configurable digital 12/18/24/36/48 bit RGB interface (PxClk, PxD, HSYNC, VSYNC, DE), which 1:1 matches many graphic controllers and TFT or plasma display interfaces.

QuickLogic at Embedded Systems Conference San Francisco and Easy Paths to Silicon Design Seminar

Tue, 01 Mar 2005 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), will showcase application specific low power bridging solutions at Embedded Systems Conference (ESC) San Francisco, booth number 816.

Product Demonstrations

Wi-Fi Connectivity – QuickLogic’s uWatt programmable PCI bridge with an Intel® XScale DVK acts as a wireless media player client on an 802.11a/b/g network.
Display – QuickLogic’s Eclipse II ultra-low power FPGA in Inova® Semiconductors’ DVI Extender application, replacing countless analog solutions currently being employed today in the digital visualization and infotainment systems market.
Micro Storage – QuickLogic’s QuickMIPS development platform with an IDE connection allows the platform to act as a wireless media server in which external clients on an 802.11a/b/g network can download media files located on the Hard Disk Drive (HDD.)

In-Booth Theatre Presentation

An in-booth theatre presentation will take place every half an hour. The presentation will highlight various aspects of QuickLogic’s uWatt FPGAs and programmable bridges as well as problems they solve for designers of portable and handheld applications.

Dates:

Tuesday, March 8, 1:00 PM – 8:00 PM (PST)

Wednesday, March 9, 10:00 AM – 7:00 PM

Thursday, March 10, 9:00 AM – 2:00 PM

Easy Paths to Silicon Design Seminar

Alan Tsun, VP ESP Development Engineering, will be presenting in the panel ‘Using FPGAs for Peripheral Expansion and Acceleration’ moderated by Ron Wilson. The presentation will outline the process and architectural tradeoffs involved in partitioning algorithms between hardware and software, to improve system throughput and reduce power dissipation.

Date: March 8, 2:15 PM

QuickLogic Joins Intel Communications Alliance

Wed, 23 Feb 2005 00:00:00 -0600

QuickLogic’s technology provides ideal solution for coupling Intel’s embedded processors with emerging technologies

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products, today announced they have joined the Intel® Communications Alliance (ICA), a community of communications and embedded developers and solutions providers committed to the development of modular, standards-based solutions based on Intel technologies.

“Joining the ICA will forge a tighter communication between Intel and QuickLogic, enabling QuickLogic to bring complementary solutions to market faster and offer customers a competitive advantage,” said Tom Hart, QuickLogic’s Chairman, President and CEO. “The value of QuickLogic’s programmable connectivity solutions aligns with Intel’s success in high volume mobile consumer applications.”

When embedded processors are architected and designed, they typically include appropriate peripheral interfaces for targeted vertical application segments. As a consequence, they are not always able to seamlessly adopt technology driven by the PC market. QuickLogic’s industry leading, low-power programmable products complement the Intel PXA application processor with Intel XScale® technology by providing system connectivity that is not supported internally. They are particularly appropriate for power critical applications such as mobile, handheld appliances, and computing peripherals.

As a result of joining the Intel Communications Alliance, QuickLogic plans to announce further embedded solutions based on Intel’s technology in the coming months.

QuickLogic Supports a Clean Environment by Providing RoHS Compliant, Lead-Free Devices

Tue, 15 Feb 2005 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), has announced production shipments of lead-free packaging for many families of devices, including Eclipse II and QuickPCI II and QuickMIPS. These lead-free devices comply with the RoHS (Restriction of the use of certain Hazardous Substances) directives from the European Union and the Japan Ministry of Trade and Industry (MITI).

“Preserving our environment is a critical management concern for QuickLogic. We provide a broad range of safe lead-free packages that stand up to the highest environmental standards,” said Brian Faith, QuickLogic’s Senior Director of Product Marketing. “We support our customers as they move towards the removal of lead from their products.”

QuickLogic’s support of lead-free packaging is ahead of the European Union Directive date of July 2006. At this time, all of the popular, low-power Eclipse II and QuickPCI II products meet the requirements of the European RoHS directive. QuickLogic plans to offer lead-free solutions for the highly integrated QuickMIPS programmable SoC products, its high volume mature products, and for all future product families.

Pricing and Availability

Lead-free packaging for Eclipse II, QuickPCI II and QuickMIPS is available now. Contact QuickLogic for pricing. For a complete list of QuickLogic’s lead-free devices and for more information about QuickLogic’s lead-free devices, visit http://www.quicklogic.com/leadfree

QuickLogic Announces 2004 Results — Revenue Increases 6%

Wed, 02 Feb 2005 00:00:00 -0600

Note to Editors: Download Financial Tables

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the fourth quarter and year ended December 31, 2004.

Revenue for 2004 was $44.6 million, up 6% from revenue of $42.0 million in 2003. ESP and Advanced ESP products contributed 41% of revenue in 2004. Under generally accepted accounting principles (GAAP), the 2004 net loss was $8.8 million, or $0.35 per share, compared to a net loss of $4.7 million, or $0.20 per share, in 2003.

Revenue for the fourth quarter of 2004 was $11.1 million, up 3% from revenue of $10.8 million in the fourth quarter of 2003, and down 7% sequentially as compared to the third quarter of 2004. Our revenue for the fourth quarter of 2004 was in line with the guidance provided during the Company’s last earnings call. ESP and Advanced ESP products contributed 36% of revenue for the fourth quarter of 2004. On a GAAP basis, the net loss for the fourth quarter of 2004 was $6.0 million, or $0.23 per share, as compared to a net loss of $2.4 million, or $0.10 per share, in the fourth quarter of 2003, and as compared to a net loss of $899,000, or $0.03 per share, in the third quarter of 2004.

The pro forma net loss for 2004 was $3.9 million or $0.15 per share, as compared to a net loss of $4.7 million or $0.19 per share in 2003.

The pro forma net loss for the fourth quarter of 2004 was $1.3 million, or $0.05 per share, as compared to a net loss of $1.9 million, or $0.08 per share, in the fourth quarter of 2003, and as compared to a net loss of $734,000, or $0.03 per share, in the third quarter of 2004.

QuickLogic reports net loss and net loss per share in accordance with GAAP and additionally on a non-GAAP, or pro forma, basis. Pro forma results, where applicable, exclude the effect of gains on sale of the Company’s investment in Tower Semiconductor Ltd., write-downs of the Company’s investment in Tower Semiconductor Ltd., write-off of long-lived assets and long-lived asset impairments.

“Our annual 2004 revenue increased 6% over 2003, and our fourth quarter was up 3% compared to the same quarter last year,” said Tom Hart, Chairman, President and CEO. “Our fourth quarter new orders were the highest in our history. In addition, our QuickPCI II and Eclipse II FPGAs – the lowest power FPGAs in the industry – continued to gain design traction during the fourth quarter. We believe that this design activity will begin generating significant revenue early this year.”

Conference Call

The Company’s conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the conference call, please call 1-800-884-5695 or 1-617-786-2960 (international) by 2:20 p.m. Pacific Time on February 2, 2005. You will need to reference the pass code: 82967460. A recording of the call will be available starting one hour after completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 48129612. Both the webcast and the call recording will be archived until February 18th, 2005.

Non-GAAP Financial Measures

QuickLogic reports financial information in accordance with generally accepted accounting principles (GAAP), but believes that non-GAAP, or pro forma, financial measures are helpful in evaluating its operating results and comparing its performance to comparable companies. Accordingly, the Company also uses calculations of (i) non-GAAP net loss, which represents net loss excluding the effect of the gain on sale of investment in Tower Semiconductor Ltd., the write-down of investment in Tower Semiconductor Ltd., long-lived asset impairment and the write-off of long-lived assets; and (ii) non-GAAP net loss per share, which represents basic and diluted net loss per share excluding the effect of the gain on sale of investment in Tower Semiconductor Ltd., the write-down of investment in Tower Semiconductor Ltd., long-lived asset impairment and the write-off of long-lived assets. The Company provides this non-GAAP information to enable investors to evaluate its operating results in a manner similar to how the Company analyzes its operating results and to provide consistency and comparability with similar companies in the Company’s industry. Investors should note, however, that the non-GAAP financial measures used by the Company may not be the same non-GAAP financial measures, and may not be calculated in the same manner, as that of other companies. The Company does not itself, nor does it suggest that investors should, consider such non-GAAP financial measures alone or as a substitute for financial information prepared in accordance with GAAP. A reconciliation of GAAP net income to non-GAAP net income is included in the financial statements portion of this release. Investors are encouraged to review the related GAAP financial measures and the reconciliation of non-GAAP financial measures to their most directly comparable GAAP financial measures.

QuickLogic’s Eclipse II Low-Power FPGAs Available for Industrial Temperature Applications

Mon, 31 Jan 2005 00:00:00 -0600

Low-power devices cut down battery weight in hand-held devices

Extended temperature range opens new applications for low-power FPGAs

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), today announced the company’s Eclipse II family of ultra low power FPGAs is now available for applications requiring components that operate over the industrial temperature range. All Eclipse family members are qualified for operation at the extended industrial temperature range (-40 degrees to +100 degrees Celsius device junction temperature).

“With industrial temperature qualification, many new applications are available for QuickLogic’s popular Eclipse II family of low-power FPGAs,” says Brian Faith, QuickLogic’s Director of Logic Products. “With minimal power dissipation, systems using Eclipse II components benefit from less heating and, if battery operated, the ability to employ smaller battery systems, reducing system size, weight and cooling requirements.”

Many applications require operation over the industrial temperature range, including ruggedized handheld devices, portable instrumentation and test equipment, as well as avionics and civil aerospace systems. Along with the benefits of ultra-low power consumption, Eclipse II also provides small form-factor packaging, instant-on capability and bulletproof design security from IP theft and reverse engineering.

All members of the Eclipse II family are currently available for industrial temperature applications. QuickLogic is planning to release a military temperature version of Eclipse II later this year.

About Eclipse II

QuickLogic’s Eclipse II μWatt family of ultra-low power FPGAs combines the enhanced features of next-generation FPGA devices with power consumption lower than that available with CPLDs. Eclipse II features include densities up to 320,000 system gates, up to 55,000 bits of on-chip dual-port SRAM, and standby currents as low at 14μA. See the QuickLogic website for additional information on Eclipse II.

QuickLogic and Renesas Technology Collaborate on 802.11b/g Wireless IP Phone Reference Design

Tue, 25 Jan 2005 00:00:00 -0600

Handheld Wi-Fi phone reference design breaks through the 802.11b/g barrier

Speeds time to market for wireless VoIP and VoWLAN products

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs) has announced a partnership with Renesas Technology Corp., a leading semiconductor manufacturer for mobile technologies, automobiles, and PC/audio visual equipment, to develop an 802.11b/g IP phone reference platform targeted specifically at the Wi-Fi market. The reference platform is designed around Renesas’ SH7720 32-bit RISC processor and QuickLogic’s low-power programmable PCI bridge solution.

The reference platforms, RTS7720IPP-DS3, give wireless Wi-Fi-enabled Voice-over-IP (VoIP) equipment designers a “head start” in developing high-quality and feature-rich phones for their customers. By supplying a seamless bridge between the Renesas SuperHTM family of 32-bit RISC processors and miniPCI-based Wi-Fi modules, QuickLogic has made it easy for ODMs (Original Design Manufacturers) and OEMs (Original Equipment Manufacturers) developing mobile products for Voice over Internet Protocol (VoIP) and Voice over Wireless LAN (VoWLAN) to adopt mainstream 802.11b/g technology.

“This reference platform provides a proven solution and reduces the risk designers have in adding 802.11b/g capability to their systems, ” stated Kevin Yee, QuickLogic’s Director of Business Development. “OEMs and ODMs can use the platform to shorten their product cycles for a variety of applications, including VoIP phones, wireless POS, and Wi-Fi enabled handhelds and PDAs.”

"QuickLogic’s low-power processor-to-miniPCI bridge capability is a perfect match to Renesas’ SH7720 processor for the expanding IP and smart phone market," said Tsutomu Tsuboi, Senior Manager, Network Project at Renesas Technology Corp. "Using our wireless IP phone reference platform, system designers can integrate the latest Wi-Fi capability into their products with much less effort, greatly reducing their development time.”

The reference platforms integrate all the essential elements for a VoWLAN phone, from the keypad and display to the voice codecs and Wi-Fi module. Designed for fast development and software integration, the reference platform provides all the hardware required to build and deploy a Wi-Fi enabled phone. Platform features include low power consumption, system-level integration and exceptional performance to rapidly enable differentiated next-generation VoWLAN phones. The platform runs on a Linux operating system and can operate using 802.11b or 802.11b/g chipsets.

About the SH7720 Processor

The SH7720 is a recent addition to Renesas’ Technology’s Microcomputer SuperH family of 32-bit RISC processors. Along with a 133 MHz (173 MIPS) SH3-DSP core, the processor includes 32 Kbytes of cache memory, a color LCD controller, SSL (Secure Socket Layer) hardware accelerator, USB 1.1 interface, and I2C and PCMCIA interfaces. Target applications for the SH7720 include IT and mobile devices such as IP phones, fax terminals, smart phones, and printers.

About the Low-Power Programmable Bridge

For OEM’s developing WiFi communications solutions, QuickLogic’s programmable bridge provides ultra-low power consumption, optimal performance and complete freedom for customization. Implemented in a member of QuickLogic’s QuickPCI family of Programmable PCI ESPs, the bridge utilizes the company’s μWatt™ programmable logic technology to achieve performance, flexibility and minimal power consumption, making the device ideal for battery-powered and handheld systems. The bridge seamlessly connects Renesas’ SH processor to any number of readily available 802.11a/b/g Wi-Fi modules on the market.

QuickLogic Corporation Announces Q4 and FY2004 Earnings Conference Call

Tue, 18 Jan 2005 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), has scheduled a conference call to discuss the company's operating results for its fourth quarter and fiscal year 2004 on Wednesday, February 2nd, 2005, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's fourth quarter and fiscal year 2004 results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time (AMC) on February 2nd, 2005. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at ir.quicklogic.com. For access to the live conference call, please call 1-800-884-5695 or International 1-617-786-2960 by 2:20 p.m. Pacific Time on February 2nd, 2005. You will need to reference the passcode: 82967460. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 48129612. Both the webcast and the call recording will be archived until February 18, 2005.

QuickLogic Document Summarizes Advantages of Partitioning Designs for Algorithm Acceleration

Wed, 12 Jan 2005 00:00:00 -0600

In an effort to help engineers improve system performance and reduce power dissipation, QuickLogic undertook an internal research project studying algorithm acceleration and has developed an in-depth paper describing the research and its results. This paper, ‘Using Hardware Acceleration to Optimize Software-Based Embedded Systems’ is available at no cost at the QuickMIPS portal page.

QuickLogic developed and compared results of two implementations of an industry-standard, video decompression algorithm (MPEG 2) into QuickLogic programmable SoC devices. The first implementation was software only and the second implementation was a hybrid where performance-critical elements of the algorithm were placed in hardware instead of software.

The project revealed that the hybrid implementation provided a ten-fold performance improvement over the software-only implementation. Additionally, the hybrid implementation resulted in eight times more energy efficiency than the software-only version. Performance improvement was primarily affected by two factors: the effect of on-chip data movement between the CPU and the hardware engine versus the speed-up gained from the use of hardware blocks, and the level and willingness to exploit parallelism in the algorithm.

QuickLogic found that the use of hardware to accelerate certain portions of an algorithm pushes the system performance/power metric allowing system designers to put more functionality into a system for a given power constraint and minimize power consumption for a given performance constraint.

Pushing computation from software into hardware is best applied to proprietary, math-intensive algorithms. Consequently, QuickLogic’s focus is centered on vertical applications that require image and/or video processing including homeland security, biometrics, surveillance, MRI/ultrasound and digital signage. QuickLogic believes that the use of a QuickMIPS device as the implementation vehicle provides the fastest time to market for such a solution and has the added benefit of protecting the customer’s IP due to the underlying security benefits used to construct QuickLogic’s programmable logic.

Availability

Immediately

QuickLogic Corporation to Present at Needham & Co.’s Seventh Annual Investor Growth Conference

Mon, 10 Jan 2005 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), today announced that it will present at the Needham & Co.’s New York Investor Conference on Thursday January 13, 2005. Mr. E. Thomas Hart, Chairman, President and CEO, will be presenting at 11:00 a.m. Eastern Time at the New York Palace Hotel, located at 455 Madison Avenue.

There will be a live webcast of the event available through QuickLogic’s web site at ir.quicklogic.com.

Free Online Seminar on Enabling Wi-Fi Connectivity in Embedded Systems

Mon, 29 Nov 2004 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs) and Renesas Technology Corp., will be hosting a TechOnline Seminar that will discuss enabling Wi-Fi Connectivity in Embedded Systems.

DATE: Thursday, December 9th at 10:00 a.m. – 11:00 a.m. (PST)

For more information or to register online, visit: www.quicklogic.com/seminar

Adding Wi-Fi or IEEE 802.11a/b/g functionality to embedded systems is gaining in popularity. Quite often, however, Wi-Fi modules do not have the same native interface as the embedded processors used in these systems. We will specifically look at how this problem can be solved for portable applications where engineers constantly struggle with very tight power requirements and limited board space.

What you will learn:

Architectural tradeoffs and how designs can be tailored for application requirements, including performance, system latency, cost and power consumption.

How high throughput wireless connectivity via 802.11a/b/g can be integrated without having to redesign any of the major hardware and software components of your system.

QuickLogic Unveils an Application Portal Focused on Wireless Applications

Mon, 29 Nov 2004 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), unveiled today a Wireless Application Portal on the QuickLogic website. The portal is a comprehensive resource that discusses the challenges associated with wireless system design and provides users with solutions to these challenges, particularly related to 802.11a/b/g Wi-Fi. This portal is located at www.quicklogic.com/wireless.

The QuickLogic Wireless Portal focuses initially on various Wi-Fi solutions on the market today. One of the topics addressed at length is the integration of Wi-Fi technology into embedded systems. Portable embedded systems typically employ processors that do not have an integrated PCI controller, whereas most Wi-Fi devices on the market today do. Therefore, connectivity of Wi-Fi chipsets within these systems is a critical engineering dilemma. The QuickLogic’s Wireless Portal illustrates how this challenge can be addressed, while meeting the stringent bandwidth, power, board space and cost constraints present in most portable embedded systems.

The wireless segment is the newest addition to the existing suite of application portals such as digital consumer, communications and IP Security on the QuickLogic website. These portals provide a rich source of information including news, white papers, articles, market trends, issues that engineers are facing, and the different solutions that QuickLogic brings to these segments.

QuickLogic Announces Third Quarter Results — Revenue Increases 6% Sequentially

Wed, 27 Oct 2004 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the third quarter ended September 30, 2004.

Net revenue for the third quarter of 2004 was $11.9 million, up 6% sequentially from net revenue of $11.2 million in the second quarter of 2004, and up 7% compared to net revenue in the third quarter of 2003. ESP and Advanced ESP products contributed 38% of net revenue in the third quarter of 2004. The net loss for the third quarter of 2004 was $899,000 or $0.03 per share, compared to a net loss of $709,000, or $0.03 per share, in the third quarter of 2003.

“We are very pleased with our third quarter revenue growth, especially in comparison to industry results,” said Tom Hart, Chairman, President and CEO. “Our revenue of $11.9 million was better than any quarter since December 2000. We have now released all devices of our new Eclipse II and QuickMIPS product families to production. These new product families are generating many new design opportunities, that historically have been won by FPGAs, CPLDs or ASICs. The primary benefits for our customers are very low power, shorter time-to-market and competitive pricing.”

Conference Call

Our conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the conference call, please call 1-888-396-2369 or 1-617-847-8710 (international) by 2:20 p.m. Pacific Time on October 27, 2004. You will need to reference the pass code: 29707700. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 83060325. Both the webcast and the call recording will be archived until November 3rd, 2004.

QuickLogic and Renesas Technology Partner to Enable Wi-Fi in Embedded Applications

Wed, 20 Oct 2004 00:00:00 -0500

QuickLogic’s low-power bridging technology enables connectivity between Renesas Technology’s SH processors and Wi-Fi modules

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), has announced a partnership with Renesas Technology Corp., a leading semiconductor manufacturer for mobile technologies, automobiles and PC/audio visual equipment, to enable low-power solutions for the rapidly expanding Wi-Fi market. The partnership will allow OEM customers, using the popular Renesas embedded SH processor to address the growing number of consumer Wi-Fi applications in the home, office and public places. The solution consists of Renesas Technology’s SH processor and a programmable companion bridge from QuickLogic that enables connectivity to miniPCI and Cardbus based Wi-Fi modules or chipsets.

“Our collaboration enables Renesas OEM customers to add broadband capability to embedded systems architected around Renesas Technology SH processors with minimal software development time and engineering risk,” stated Kevin Yee, Director of Business Development. “This partnership is about offering the lowest power Wi-Fi solutions in the marketplace for handheld, portable and other power-sensitive consumer appliances.”

"Renesas Technology chose to use QuickLogic's QuickPCI family of ESP devices because of low-power consumption, high performance and ease-of-design features offered nowhere else," said Hisao Munakata, Department Manager of System Solution Promotion Department at Renesas Solutions, a subsidiary of Renesas Technology. "QuickLogic provided us with the lowest-power bridge from our SH processor to any miniPCI or Cardbus based Wi-Fi module. This allowed us to leverage all of our existing software development, meet time to market goals within the stringent power-consumption requirements and stay price competitive."

Initial chipsets from the partnership will target wireless Voice-over-IP (VoIP), also called VoWLAN, and battery-operated handheld applications that support the IEEE 802.11a/b/g specifications.

QuickPCI Family

The QuickPCI family of Embedded Standard Products (ESPs) combines high-performance embedded PCI controllers with ultra-low power, high-speed programmable logic to create a unique system-level solution. Devices in this family are PCI 2.3 Compliant, support Master and Target functions at 32 and 64-bit and up to 66 MHz. For more information on this family, please go to www.quicklogic.com/quickpci.

QuickLogic Corporation Announces Q3 FY2004 Earnings Conference Call

Tue, 12 Oct 2004 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), has scheduled a conference call to discuss the company's operating results for its third fiscal quarter on Wednesday, October 27th, 2004, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's third quarter 2004 results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time (AMC) on October 27th, 2004. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at ir.quicklogic.com. For access to the live conference call, please call 1-888-396-2369 or International 1-617-847-8710 by 2:20 p.m. Pacific Time on October 27th, 2004. You will need to reference the passcode: 29707700. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 83060325. Both the webcast and the call recording will be archived until November 3rd, 2004.

QuickLogic Programmable SoC Family Targets Digital Media

Mon, 11 Oct 2004 00:00:00 -0500

Product family embeds pre-programmed functionality in on-chip logic

Primary focus on Digital Signage applications

First product incorporates IDE controller

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced the introduction of the QL92xxx family of programmable system-on-a-chip (SoC) devices. These products are based on the QL902M member of the popular QuickMIPS product family and incorporate additional pre-programmed modules that target the resulting device for embedded digital-media applications.

The first member of the family, the QL92010, incorporates an IDE controller. Subsequent devices, to be announced later this year, embed additional functionality consistent with the company’s focus on providing silicon solutions for equipment that distributes and processes digital media across wired and wireless IP networks. Example applications include digital signage, wireless projectors, wireless monitors and KVM (keyboard, video, mouse) equipment. Additional modules are expected to include graphical interfaces, video compression/decompression engines and content-protection units.

Time to Market

“Limited engineering resources, coupled with time to market pressures, are forcing system designers to seek out products and suppliers that can solve increasingly larger amounts of the system-design challenges,” said Ian Ferguson, Vice President and General Manager, QuickMIPS Products. “QuickLogic’s strategy allows our customers to focus their resources on the area of the design on which they can differentiate themselves from their competitors.”

Instead of supplying generic components, QuickLogic goes a step further in terms of customization by including application-specific modules on the QL92xxx programmable SoC chips. This reduces the design efforts of their customers, since they don’t have to worry about designing software and circuitry for standardized system functions.

QL92010 Price and Availability

The QL92010 device is available now in production volumes for both commercial and industrial temperature versions. List pricing (10,000 OEM) starts at $30.

This news release contains forward-looking statements based on current expectations that involve risks and uncertainties. QuickLogic’s actual results may differ from the results described in the forward-looking statements. Factors that could cause actual results to differ from expectations include, but are not limited to, the performance and market acceptance of Quicklogic’s products, general conditions in the semiconductor industry, development risks, market acceptance, and the impact of competitive products. These and other risk factors are detailed in QuickLogic’s periodic reports and registration statements filed with the Securities and Exchange Commission

Reference Design Kit Lets Engineers See ‘How Low They Can Go’

Mon, 27 Sep 2004 00:00:00 -0500

Easy-to-use kit lets developers minimize power of Eclipse II designs

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), today announced a Reference Design Kit (RDK) for low-power designs that uses the company’s Eclipse II FPGAs. The Low Power RDK, comprising hardware and software tools, lets designers directly measure actual power consumption of Eclipse II designs, and also lets engineers calculate, analyze, and simulate power dissipation for Eclipse II designs under development.

“Minimizing power consumption has become a critical design criterion for many chip designs, especially ones with FPGAs,” says Brian Faith, QuickLogic’s Director of Logic Products. “Our Low Power RDK allows engineers to optimize their Eclipse II-based designs for the lowest power and to verify their designs in actual silicon, significantly shortening their product development cycles.”

The Low Power RDK comprises two printed-circuit boards—a prototyping board housing the Eclipse II FPGA and a daughter board for power measurement. Users can choose the prototyping board with either a 144-pin TQFP or 208-pin PQFP socket; the two sockets will accommodate every member of the Eclipse II family. Other main-board components include an RS232C connection, a UART controller, 4K of serial EEPROM, and two LED displays. Daughter-board components include an MSP430C133 microcontroller, an LCD module, two LEDs, and three current sensors.

With the Low Power RDK, designers can access every I/O pin on an Eclipse II chip and easily connect to debugging tools, oscilloscopes and logic analyzers. The power-measurement daughter board can display Eclipse II core and I/O power separately. It can also separately display the power of different I/O banks. The Low Power RDK can operate stand-alone, using its LCD display, or with a PC using an included Graphical User Interface (GUI) that provides in-depth power-consumption information, including a graph of dynamic power consumption over time.

Pricing and Availability

The Low Power RDK, including the main board and power-measurement daughter board, manual, schematics, PCB layout, mechanical drawings, IP source code, and power-analysis software is available now for under $500.

About Eclipse II

See the QuickLogic website for additional information on the Low-Power RDK.

QuickLogic Names Arturo Krueger to Board of Directors

Thu, 09 Sep 2004 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced that Arturo Krueger has been named to QuickLogic’s Board of Directors. Krueger was formerly the Corporate Vice President and General Manager of Motorola Semiconductor Products Sector for Europe, Middle East and Africa (EMEA).

“Arturo is a seasoned industry leader and is well known as a great business and technical strategist. His knowledge of the automotive and telecom industries will provide us with valuable insights when expanding our reach in these arenas,” said Tom Hart, QuickLogic’s Chairman, President and CEO. “With the depth and breadth of his experience and background, Arturo will be an invaluable asset to our company.” Krueger’s addition brings the number of independent QuickLogic board members to six.

Krueger has more than 40 years of experience in marketing, strategic and technical management, and currently serves on several boards of directors, as well as technical advisory boards. He held various positions in the Semiconductor Products Sector of Motorola, Inc. Prior to his position as Corporate Vice President and General Manager, he served as the Strategic and Technology Advisor to the President of Motorola's Semiconductor Products Sector. In addition, he was the Director of the Advanced Architectural and Design Automation Lab at Motorola. Krueger earned an M.S. in Electrical Engineering from the Institute of Technology in Switzerland, and has studied Advanced Computer Science at the University of Minnesota. He is a member of IEEE and other engineering associations.

QuickLogic Corporation to Present at the B. Riley & Co. New York Investor Conference

Tue, 03 Aug 2004 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), today announced that it will present at the B. Riley & Co.’s New York Investor Conference on Thursday August 12, 2004. Mr. E. Thomas Hart, Chairman, President and CEO, will be presenting at 10:00 a.m. Eastern Time at the Hilton New York, located at 1335 Avenue of the Americas.

There will be a live webcast of the event available through QuickLogic’s web site at ir.quicklogic.com.

QuickLogic Announces Windows CE Support for the QuickMIPS Family of Programmable SoCs

Mon, 02 Aug 2004 00:00:00 -0500

Aligned to QuickLogic’s Focus on Enterprise and Automotive Media Equipment

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), announced the immediate availability of Microsoft’s Windows CE .NET embedded operating system optimized for its QuickMIPS product family. This family of programmable system-on-a-chip (SoC) devices is targeted for applications that require the efficient and secure transmission of digital media across wired and wireless enterprise and automotive networks.

“Many of our customers that are developing embedded systems such as overhead projectors, digital signage, gaming and in-car infotainment applications are facing significant time to market and system differentiation challenges,” said Ian Ferguson, Vice President and General Manager of QuickLogic’s QuickMIPS Division. “The combination of QuickLogic’s proven hardware blocks and Microsoft’s rich software base provides a proven platform that enables our mutual customer’s engineering organizations to focus on their areas of hardware and software system value-add.”

“QuickLogic’s QuickMIPS products combine a turnkey MIPS-architecture CPU system with programmable logic, enabling customers to quickly build Windows CE-powered devices that more-securely distribute digital content over IP networks,” said Todd Brix, Group Product Manager, Mobile and Embedded Devices Division at Microsoft Corp. “The enhanced security, network protocols and low pricing of Windows CE enable manufacturers to cost-effectively provide voice, video and data services to their devices.”

Availability

The Board Support Package (BSP) for the QuickMIPS devices is optimized for the QuickMIPS Development Platform (QDP) available directly from QuickLogic. The QuickMIPS-specific board support software is available free of charge directly from QuickLogic. The BSP is expected to be formally certified by Microsoft by the end of Q3, 2004.

QuickLogic Corporation (QUIK) to Present at the Adams Harkness 24th Annual Summer Seminar

Fri, 30 Jul 2004 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), today announced that it will present at the Adams Harkness 24th Annual Summer Seminar in Boston on Wednesday August 4, 2004. Carl Mills, Chief Financial Officer, will be presenting at 5:00 p.m. Eastern Time, at the Marriott Long Wharf Hotel.

There will be a live webcast of the event available through QuickLogic’s web site at www.quicklogic.com/investors.

The webcast is also being distributed over CCBN's Investor Distribution Network to both institutional and individual investors. Individual investors can listen to the webcast through CCBN's individual investor center at www.fulldisclosure.com or by visiting any of the investor sites in CCBN's Individual Investor Network. Institutional investors can access the presentation via CCBN's password-protected event management site, StreetEvents (www.streetevents.com).

QuickLogic Announces Second Quarter Results — Revenue Increases 8% Sequentially

Wed, 21 Jul 2004 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the second quarter ended June 30, 2004.

Net revenue for the second quarter of 2004 was $11.2 million, up 8% sequentially from net revenue of $10.4 million in the first quarter of 2004, and up 6% from net revenue of $10.6 million in the second quarter of 2003. ESP and Advanced ESP products contributed 40% of net revenue in the second quarter of 2004. The net loss for the second quarter of 2004 was $529,000 or $0.02 per share, compared to a net loss of $1.4 million, or $0.06 per share, in the first quarter of 2004 and compared to a net loss of $24,000, or $0.00 per share, in the second quarter of 2003.

“We are very pleased to announce our second quarter financial results,” said Tom Hart, Chairman, President and CEO. “Our revenues of $11.2 million, gross margin of 60.2% and operating loss of $490,000 were better than any quarter since December 2000, and we are making good progress toward our goal of solid profitability. Design opportunities accelerated in Q2 as our new Eclipse II and QuickMIPS families of products continue to be well received by both current and new customers – especially those requiring very low power coupled with high performance and ‘bulletproof’ intellectual property security.”

Conference Call

Our conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the conference call, please call 1-800-299-9630 or 1-617-786-2904 (international) by 2:20 p.m. Pacific Time on July 21, 2004. You will need to reference the pass code: 32405201. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 32149893. Both the webcast and the call recording will be archived until August 4, 2004.

QuickLogic Corporation Announces Q2 FY2004 Earnings Conference Call

Tue, 20 Jul 2004 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), has scheduled a conference call to discuss the company's operating results for its second fiscal quarter on Wednesday, July 21st, 2004, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's second quarter 2004 results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time (AMC) on July 21st, 2004. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at http://www.quicklogic.com. For access to the live conference call, please call 1-800-299-9630 or International 1-617-786-2904 by 2:20 p.m. Pacific Time on July 21st, 2004. You will need to reference the passcode: 32405201. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 32149893. Both the webcast and the call recording will be archived until August 4th, 2004.

QuickLogic Adds to PCI Embedded Standard Product Family

Mon, 19 Jul 2004 00:00:00 -0500

QuickPCI combines a PCI controller with programmable logic for a complete and customizable PCI interface

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), today announced additions to its PCI 2.3- compliant, low power, high-performance, QuickPCI family with four new devices optimized for portable applications. Users can expect 132 MBps PCI bus performance with zero wait states while easily meeting the stringent power requirements of portable PCI applications such as mini PCI modules or CardBus cards. The QL58x0 devices support PCI Target functions for 32-bit PCI designs.

The 33 MHz, 32-bit QL58x0 family combines the guaranteed performance of a PCI 2.3- compliant controller with the flexibility provided by QuickLogic’s FPGA fabric. These silicon-proven devices let designers focus on developing and integrating their IP within the programmable FPGA fabric and not on the complex development task of designing the PCI interface. The programmable-logic portion of the QL58x0 devices contains up to 1478 QuickLogic logic cells and up to 22 dual-port RAM blocks that may be configured in many width/depth combinations. The RAM blocks can also be combined with logic cells to form FIFOs and initialized via serial EEPROM on power-up and used as ROMs.

The QuickPCI ESPs are packaged as a complete solution that includes a comprehensive test suite, reference design kit (RDK), and QuickLogic’s comprehensive level of customer support.

Pricing and Availability

The QL58x0 devices are sampling now, with production scheduled during Q3, 2004. Pricing for devices starts at $5 in high-volume quantities.

Packaging

The QL5840 and QL5830 are available in 484-PBGA, 280-LFPGA, and 208-PQFP packages. The QL5820 is available in 208-PQFP, 196-TFBGA and 144-TQFP packages. The QL5810 is available in 196-TFBGA and 144-TQFP packages.

See the QuickLogic website for additional information on the QL58x0 PCI family.

Free Online Seminar about Achieving the Lowest Power Designs in Programmable Logic

Mon, 28 Jun 2004 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), will be hosting a TechOnline Seminar that will discuss how to achieve the lowest power designs in programmable logic.

DATE: Wednesday, June 30th at 10:00 a.m. – 11:00 a.m. (PST)

For more information or to register online, visit: www.quicklogic.com/lowpower

What you will learn:

How to select the best low-power solution for your application
µWatt programmable logic options
Application examples for power-sensitive embedded designs
Techniques to extend system standby times
Transistor leakage and temperature issues

QuickLogic Reference Development Kit Supports New Low-Power QuickPCI Family

Mon, 24 May 2004 00:00:00 -0500

Board’s flexible architecture enables fast Intellectual Property development and verification

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced the availability of the PCI-484 Reference Development Kit (RDK) that supports the recently announced, low-power QuickPCI family of devices. (See QuickPCI release at www.quicklogic.com/NewsList.asp)

The PCI-484 RDK is an open development platform for PCI applications. The PCI bus connection is fully flexible and supports the 64-bit and 32-bit wide bus at 33MHz and 66 MHz. The system is delivered with a 484-ball BGA socket carrying a pre-programmed sample of a QL5842 device demonstrating the embedded PCI core running together with a DDR SDRAM controller. The Intellectual Property (IP) for this application is also provided, allowing the user to quickly modify it according to their specific requirements. Connectors on the board allow users to plug in their own expansion cards or one of the several QuickLogic-provided boards that include SDRAM memory, an Eclipse FPGA, or SRAM-based FPGA.

“Our PCI-484 RDK platform can dramatically reduce time-to-market by allowing our customers to easily and quickly test their PCI design and get a jump start on IP and software development prior to the completion of their own board,” said Bernhard Andretzky, PCI Marketing Manager at QuickLogic.

Pricing and Availability
The PCI-484 RDK is available now and costs $700. The product ordering code is QV-PCI3-3VRDK-484. See the QuickLogic website for additional information on this RDK and the new low-power QuickPCI family of devices. www.quicklogic.com

Eclipse II FPGA — QuickLogic Ships Industry's Lowest Power CPLD Alternative

Tue, 18 May 2004 00:00:00 -0500

Ultra low-power, non-volatile programmable logic devices combine performance, density, and embedded SRAM in small form factor packaging

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), today announced the production availability of two additional members of the Eclipse II μWatt FPGA family, the QL8025 and QL8050. (See the related announcement of the availability of the larger members of the family.)

The QL8025 has 47K logic gates and the QL8050 has 64K logic gates. Both devices include embedded dual-port SRAM and extended I/O support that allows the integration of several board level components into a single chip. For technical information and specifications, go to www.quicklogic.com/lowpower.

“With the production release of the QL8025 and QL8050, QuickLogic continues its leadership position in low-power logic solutions by demonstrating dynamic power reduction of nearly 50% over CPLDs of comparable density shipping today,” said Brian Faith, QuickLogic’s Director of Logic Products.

The Eclipse II family offers multiple alternatives to FPGA, CPLD, DSP and ASIC engineers who are designing applications that demand ultra-low power consumption, small form factor packaging, and high design security from IP theft and reverse engineering. All these benefits are provided by QuickLogic’s patented ViaLink® technology. The Eclipse II family of devices has much lower power consumption than other technologies, with dynamic power dissipation of less than 50mW at 100MHz.

Applications

Targeted applications include any battery-powered or heat-sensitive products including portable handheld products such as PDAs, barcode readers, and handheld scanners and gaming modules. Other applications include portable medical equipment and wireless add-on products.

Software and Intellectual Property Support

The Eclipse II FPGA family is supported in QuickWorks version 9.6 and is available for download from www.quicklogic.com/downloads. QuickLogic offers Intellectual Property blocks targeted for Eclipse II FPGAs such as PCI, memory interfaces, SDRAM, DSP and other commonly used peripheral functions.

Pricing and Availability

The Eclipse II FPGA family of devices starts at $3.50 in high volume quantities. For additional company or product information, please go to www.quicklogic.com.

QuickLogic Announces Integration of Magma’s PALACE into QuickWorks® Development Tools

Tue, 11 May 2004 00:00:00 -0500

FPGA Physical Synthesis Tool Optimized for μWatt Eclipse II and Eclipse FPGA, and QuickMIPS ESP Families

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced that PALACE, the Magma physical synthesis tool for programmable logic devices, now supports its μWatt Eclipse II and Eclipse FPGA products as well as its QuickMIPS family of ESP products. PALACE offers significant circuit performance and design cycle improvements for the ESP family through a tightly coupled physical and logic synthesis solution.

With the PALACE software seamlessly integrated into QuickLogic's SpDE design implementation software, designers have a simple push-button design flow that provides an average of over 20 percent performance (Fmax) improvement, without manual iterations or floor planning. Extensive benchmarking of the solution has resulted in a peak performance improvement exceeding 70 percent.

“The integration of PALACE physical synthesis capabilities into QuickLogic’s tool suite will provide a fully automated, layout-driven synthesis solution to efficiently address timing closure and circuit performance challenges in sub-micron ESP devices,” said Tim Saxe, Vice President of Engineering at QuickLogic. “We are committed to providing our customers with leading-edge tools and design flows that significantly improve design performance and ultimately achieve faster time-to-market.”

"The results of our collaboration with QuickLogic demonstrates how the PALACE physical synthesis software and QuickLogic's ViaLink® architecture can add significant performance improvements, reduce power, and increase productivity for FPGAs," said Behrooz Zahiri, Director of Marketing at Magma Design Automation. "We’re pleased to be working with QuickLogic to provide the best-in-class physical synthesis technology to QuickLogic’s customers.”

Availability

PALACE is available now to all QuickLogic’s customers. Contact QuickLogic at palace@quicklogic.com for more information on PALACE and pricing.

About PALACE

PALACE addresses the high-performance requirements of today's challenging FPGA designs. To produce superior quality of results with minimal effort, PALACE unifies logic synthesis and physical design and provides an efficient physical synthesis engine for FPGAs that includes constraint-driven optimization, architecture-specific mapping, and unique support for multi-cycle on-chip communication. PALACE has consistently demonstrated at least one speed grade performance improvement over a wide range of FPGA architectures through push-button physical synthesis.

QuickLogic Announces First Quarter Results — Revenue Increases 10% Year-on-Year

Wed, 21 Apr 2004 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the first quarter ended March 31, 2004.

Net revenue for the first quarter of 2004 was $10.4 million, up 10% from net revenue of $9.4 million in the first quarter of 2003 and down 4% sequentially from net revenue of $10.8 million in the fourth quarter of 2003. Advanced ESP products and ESP products were 20% and 29% of net revenue, respectively, in the first quarter of 2004. The net loss for the first quarter of 2004 was $1.4 million, or $0.06 per share, compared to a net loss of $1.6 million, or $0.07 per share, in the first quarter of 2003, and compared to a net loss of $2.4 million, or $0.10 per share, in the fourth quarter of 2003.

“While our revenue increased 10% year-on-year, our sequential revenue declined since orders from a few large customers did not materialize in the quarter. We are, however, pleased with gross margin of 56% in the first quarter,” said Tom Hart, Chairman, President and CEO. “We also released four new products in our Eclipse II family -- the QL8350, QL8250, QL8050 and QL8025 -- to production in the first quarter of 2004. Our Eclipse II products are the lowest power, most secure FPGAs available in the market today, and these products are being well received by our current and new customers. Customer designs using the QuickMIPS family of products are also progressing well. These developments should provide us with good momentum as the year progresses.”

Conference Call

Our conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the conference call, please call 1-800-901-5226 or 1-617-786-4513 (international) by 2:20 p.m. Pacific Time on April 21, 2004. You will need to reference the pass code: 76664861. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 49199232. Both the webcast and the call recording will be archived until May 6th, 2004.

QuickLogic introduces Its Low-Power PCI Embedded Standard Product Family

Tue, 20 Apr 2004 00:00:00 -0500

QuickPCI controller with embedded FPGA in a single piece of silicon provides a highly optimized yet flexible solution

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), today announced its new, PCI 2.3 compliant, low-power, high-performance, QuickPCI family that includes three devices optimized for portable applications.

The 33Mhz, 32-bit QL58x2 family of products combines the guaranteed performance of a PCI 2.3 compliant controller with the flexibility provided by QuickLogic’s FPGA fabric. This unique device with its silicon proven PCI core allows designers to focus on developing and integrating their IP within the FPGA fabric and not on the complex development task of designing the PCI interface and dealing with the associated problems of verification, timing closure and protocol compliance verification. Users can expect to achieve 132 MB/sec PCI bus performance with zero wait states while easily meeting stringent power requirements of portable PCI applications like mini PCI modules or CardBus cards. The QL58x2 family supports both master and target functions for 32-bit PCI designs.

“As a system integrator, I have implemented QuickLogic’s non-volatile, instant-on programmable PCI devices in many applications,” said Peter Marek, General Manager of MarekMicro GmbH. “This is the only solution that gives me the assurance of a fixed function PCI interface, PCI 2.3 compliance and the programmability to customize the device for each of my clients.”

“Driven predominantly by the increased adoption of wireless technology, there is an increased demand in battery-operated and power-sensitive systems for an ultra low power, programmable PCI ESP. This new QuickPCI family was specifically designed to address the increasing need for a PCI 2.3 compliant bridge for interfacing with WiFi modules in portable, handheld systems and battery operated devices,” said Bernhard Andretzky, PCI Marketing Manager at QuickLogic.

The QuickPCI ESPs are packaged as a complete solution that includes a comprehensive test suite, reference design kit (RDK) and QuickLogic’s renowned customer support.

Pricing and Availability

The QL5842 is sampling now, with production scheduled during June of 2004. The other members of the family, the QL5832 and QL5822 are scheduled for production during end of Q2, 2004. Pricing for these new QuickPCI devices starts at $9 in high volume quantities.

Packaging

The QL5842 and QL5832 are available in a 484-PBGA, 280-LFPGA, and 208-PQFP. The QL5822 is available in a 196-TFBGA and 144-TQFP.

See the QuickLogic website for additional information on the QL58x2 PCI family.

QuickLogic Partners with Aldec to Provide Advanced Simulation Capability

Mon, 19 Apr 2004 00:00:00 -0500

Aldec’s Active-HDLTM provides advanced verification environment for all QuickLogic FPGA and ESP families

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs) technology, and Aldec, Inc., a pioneer in mixed-language simulation and advanced design tools for ASIC and FPGA devices, today announced that QuickLogic is integrating Aldec’s Active-HDLTM Lite verification environment into its QuickWorks® V9.6 design software package. The Active-HDL Lite software supports either Verilog or VHDL simulation and will provide an enabling design entry, project management and verification solution for QuickWorks users.

QuickLogic and Aldec have partnered to provide seamless integration of a Lite version of Aldec’s Active-HDL 6.2 simulation software into QuickWorks V9.6 design software. The Active-HDL software includes complete support for all of QuickLogic’s device families including the μWatt FPGA Eclipse II family of field programmable gate arrays (FPGAs), the QuickMIPS Programmable SoC, and the QuickPCI programmable PCI controller family.

“With Aldec’s verification expertise, Active-HDL is an ideal addition to our QuickWorks development software,” said Brian Faith, Director of Logic Products. “Along with other components such as Synplicity’s Synplify Lite, Active-HDL Lite will be an essential tool for designers needing to simulate higher performance designs while continuing to minimize power consumption.”

About Active-HDL Lite

Active-HDLTM Lite delivers quality and ease of use for engineers working with programmable logic designs. It is a single, integrated, and reliable design environment and cuts the time-to-market. The Active-HDL Lite simulator integrated by QuickLogic offers advanced features including a state machine editor, block diagram editor, design flow manager, scripting capability, and a C-Synthesis Interface for Handel-C along with other features found in the Lite version of the simulator. A description of the full version of Active-HDL can be found at http://www.aldec.com/ActiveHDL

The Active-HDL Simulator has complete simulation support for IEEE 1076-87/93 VHDL, IEEE 1076.4-2000 standard for VITAL, IEEE 1364-1995 Verilog with Verilog 2001 extension and EDIF Simulation.

“At Aldec we realize that low power is a huge issue for designers. The QuickWorks bundle from QuickLogic provides a highly integrated, seamless flow for low power designers to dive right in,” said David Rinehart, Director of Marketing at Aldec.

Pricing and Availability

QuickLogic’s V9.6 version of QuickWorks is available today at U.S. $995 per seat for a Term Based License. QuickWorks includes Aldec’s Active-HDL Lite (VHDL or Verilog), Synplicity Synplify Lite and QuickWorks place and route that supports all Quicklogic devices. Designers can download an evaluation version of the complete tool for no cost at: http://www.quicklogic.com/downloads

New QuickWorks V9.6 Design Tools Support μWatt Low-Power Eclipse II FPGA Family

Mon, 05 Apr 2004 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), today announced that version 9.6 of its QuickWorks® development software is now available and supports the QuickLogic Eclipse II family of Field Programmable Gate Arrays (FPGAs), the lowest power FPGAs in the marketplace. QuickWorks V9.6 underscores QuickLogic’s commitment to providing power-sensitive designers with tools specifically developed to minimize and accurately calculate the power consumption of their FPGA design.

QuickWorks 9.6 includes a revolutionary PowerAware Placer, a tool that minimizes dynamic power by giving priority to power consumption during logic placement. It also includes a sophisticated power calculator that enables accurate modeling of dynamic power consumption based on the actual place and route results. The new power calculator also includes support for power consumption of each I/O Bank of the targeted device.

“Power consumption is moving to the forefront of designers’ minds, both for battery operated and heat dissipation-constrained systems,” said Brian Faith, Director of Logic Products. “As the semiconductor content of these systems continues to increase, meeting power and heat budgets proves to be increasingly challenging. With the combination of μWatt Low Power Eclipse II FPGAs and QuickWorks 9.6, designers achieve the lowest possible power consumption at the highest performance for their programmable logic design.”

QuickWorks V9.6 tools have also been extended to support a new design flow interface. This easy-to-use graphical interface allows designers to access the integrated tools of QuickWorks without having to navigate menus or toolbars. The graphical interface affords CPLD and FPGA designers new to the QuickLogic design tools an intuitive dashboard for developing and optimizing their designs with QuickLogic devices.

QuickWorks V9.6 includes an ASSP Fabric Interface Wizard that automatically generates the Verilog or VHDL between the internal interface of Embedded Standard Products (ESPs) and the designer’s FPGA design. This Wizard was designed to simplify the design flow and accelerate time-to-market for users of ESPs.

Pricing and Availability

The basic QuickWorks V9.6 tool is available at no cost for Windows® (98, 2000, ME, XP and NT). The software can be downloaded from the QuickLogic website at http://www.quicklogic.com/downloads.

QuickLogic and System General Announce Next-Generation Device Programmer

Tue, 09 Mar 2004 00:00:00 -0600

Desktop programming solution designed for accelerated programming times

USB connectivity enables shorter download times

Immediate support for Eclipse-II, Eclipse, QuickPCI and QuickMIPS-II families

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), and System General, the leader of high-speed and industrial-grade device programmers, announced today the availability of the QL9600 Device Programmer. With the QL9600, designers using QuickLogic’s FPGAs and ESPs have access to a high-speed, portable programming solution. The new QL9600 supports the Eclipse, Eclipse-II, Eclipse-Plus, QuickPCI, and QuickMIPS device families.

Featuring built-in memory, a dedicated processor, and a USB interface, the QL9600 enables reduced programming time and universal connectivity with standard PCs and laptops. The QL9600 is shipped complete with an intuitive user interface focused on push-button ease-of-use.

“QuickLogic’s ESP and FPGA customers get their products to market quickly using our complete set of design tools, encompassing silicon, development software, development services and programming hardware,” said Brian Faith, QuickLogic’s Director of Logic Products. “With the System General programming system, our customers can reduce their programming time between 15% and 40% and focus on what matters most – completing their design quickly and delivering products to market.”

“System General is proud to be chosen as the programmer vendor for QuickLogic's latest product families,” said Don Yang, Vice President of Marketing for System General. “Developed with embedded RISC technologies, the new QL9600 is optimized for programming speed and throughput.”

To increase throughput for high volume production programming, System General also offers auto handlers that integrate seamlessly with the QL9600 Device Programmer.

Pricing and Availability

The QL9600 Device Programmer is available now and sells for $3,999. See the QuickLogic website for additional information on the QL9600: www.quicklogic.com.

QuickLogic Ships Industry's Lowest Power FPGA — Eclipse II

Tue, 10 Feb 2004 00:00:00 -0600

μWatt power consumption delivers longer battery life than CPLDs

Twenty to 400 times lower power consumption than other FPGA offerings

Bulletproof design security prevents reverse engineering and IP theft

QuickLogic Corporation (Nasdaq: QUIK), the pioneer of Embedded Standard Products (ESPs), announced production shipments of the first two members of its μWatt low-power Eclipse II FPGA family, the QL8325 and QL8250.

The Eclipse-II μWatt devices have the lowest power consumption in the FPGA industry. Designs using Eclipse-II achieve significantly longer system battery life than large CPLD-based designs due to ultra-low current draw during power-up, quiescent, and dynamic states. Quiescent power consumption of the Eclipse-II family of devices is 20 to 400 times lower than other FPGAs of similar density.

“Designers of mobile, portable, wireless and hand-held systems need a feature-rich alternative to CPLDs and ASICs, and a power-efficient alternative to SRAM and Flash-Based FPGAs,” said Brian Faith, QuickLogic’s Director of Logic Products. “Only the Eclipse-II family can deliver the combination of advanced features and extremely low-power consumption.”

Companies today are implementing an increasing amount of their systems’ intellectual property in programmable logic devices. Protection of this investment is paramount to the success of their product and to the longevity of its revenue stream. Armed with the non-volatile ViaLink interconnect, Eclipse-II FPGAs provide bulletproof levels of design security protecting customer investment from reverse engineering and IP theft.

Targeted Applications

Another advantage of Eclipse-II is that no external configuration memory is needed to download the device interconnect configuration into the FPGA. Hence, it is ideal for designers under pressure to create smaller products that consume less power. A few examples include the growing wireless, mobile, hand-held, portable, medical equipment and defined form factors such as PCMCIA, CardBus, and MiniPCI.

Software and Intellectual Property Support

The Eclipse-II FPGA family is supported in QuickWorks version 9.5.3, available for download from www.quicklogic.com/software_download. QuickLogic offers Intellectual Property blocks targeted for Eclipse-II FPGAs such as PCI, memory interfaces, DSP, and other commonly used peripheral functions.

Pricing and Availability

The other members of the Eclipse-II family, the QL8150, QL8050 and QL8025, are scheduled for production during Q1, 2004. Pricing for the Eclipse-II FPGA devices starts at $3.50 in high volume quantities. For additional information, please visit www.quicklogic.com

QuickLogic Announces 2003 Results — Revenue Increases 29%

Wed, 28 Jan 2004 00:00:00 -0600

Note to Editors: Download Financial Tables

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the fourth quarter and year ended December 31, 2003.

Net revenue for 2003 was $42.0 million, up 29% from net revenue of $32.6 million in 2002. ESP products were 41% of net revenue in 2003, up from 37% in 2002. The net loss for 2003 was $4.7 million, or $0.20 per share, compared to a net loss of $31.3 million, or $1.34 per share, in 2002. 2003 results included provisions against inventory of $1.5 million and charges for asset write-offs of $750,000, partially offset by a $720,000 gain on the sale of Tower ordinary shares. 2002 results included charges for goodwill impairment of $11.4 million, write-down of marketable securities of $3.8 million, provisions against inventory of $1.6 million, charges for asset write-offs of $1.0 million and restructuring costs of $780,000.

Net revenue for the fourth quarter of 2003 was $10.8 million, up 28% from net revenue of $8.4 million in the fourth quarter of 2002, and down 3% sequentially compared to the third quarter of 2003. ESP products were 38% of revenue for the quarter. The net loss for the fourth quarter of 2003 was $2.4 million, or $0.10 per share, compared to a net loss of $18.4 million, or $0.78 per share, in the fourth quarter of 2002, and compared to a net loss of $709,000, or $0.03 per share, in the third quarter of 2003. Fourth quarter 2003 results included a $1.0 million provision against inventory and $450,000 in charges for the write-off of assets.

“Clearly we are pleased with our 29% revenue growth in 2003,” said Tom Hart, Chairman, President and CEO. “Our revenue in Asia Pacific increased 76% over 2002. Embedded Standard Products finished the year at 41% of our total revenue, growing significantly faster than the overall field programmable logic market. Coupled with the sampling and beginning shipments this quarter of our Eclipse II family, which we believe to be the lowest power, most secure field programmable products on the market, we’re confident that we are well positioned for the future.”

Conference Call

Our conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the conference call, please call 1-800-299-7635 or 1-617-786-2901 (international) by 2:20 p.m. Pacific Time on January 28, 2004. You will need to reference the pass code: 71153854. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or 1-617-801-6888 (international). You will need to reference the pass code: 14045663. Both the webcast and the call recording will be archived until February 11, 2004.

Oasis Siliconsystems and QuickLogic Partner to Develop QuickMIPS-Based Platforms for In-Car Infotainment Systems

Mon, 05 Jan 2004 00:00:00 -0600

Leverages OASIS’ MOST® networking technology embedded in QuickMIPS devices

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced that it had entered into a partnership with OASIS SiliconSystems AG with the goal of leveraging silicon and software technology from both companies to release reference platforms optimized for a series of in-car telematics applications, including gateways and rear-seat infotainment systems.

At the core of the architecture for each of these reference platforms is one of the QuickMIPS family of programmable system-on-a-chip (pSoC) devices and OASIS’ Media Oriented Systems Transport (MOST) networking devices.

“OASIS’ MOST technology is quickly establishing itself as the de facto networking standard to distribute rich media content to systems inside a vehicle,” said Tom Hart, Chairman, President and CEO of QuickLogic. “We feel that by delivering proven solutions that tightly couple our respective silicon devices with software solutions, we will bring huge time-to-revenue and reduced development cost benefits to our mutual end customers.”

“As we worked with market leaders that supply in-car electronics systems, it became clear that many were struggling with the time to market and inflexibility challenges provided by the ASIC chip model”, said Herbert Hetzel, President and CEO of OASIS SiliconSystems and Administrator of MOST Cooperation, “We see QuickLogic’s programmable SoC devices as providing the best solution to these two challenges.”

The initial deliverable out of this co-engineering and co-marketing agreement is a reference design for rear seat infotainment appliances. The design is expected to be available for preliminary customer demonstrations in Q1 2004.

MOST: The Automotive Industry’s Networking Technology Standard

Based on a fiber-optic bus, MOST has emerged as the automotive industry’s high-speed digital networking standard. It serves as the backbone technology of in-car infotainment systems. The use of the MOST networking technology permits carmakers and suppliers to easily add a host of multimedia devices, such as CD players, AM/FM radios, navigation systems, cell phones, and in-car PCs, as modular functions in the automotive environment, while meeting the specific requirements of any vehicle.

QuickLogic and TimeSys Partner to Deliver Embedded Linux RTOS and Development Tools for QuickMIPS Products

Mon, 15 Dec 2003 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced a partnership with TimeSys to deliver ready-to-run TimeSys Linux RTOS Professional Edition software development kits (SDK) for the QuickMIPS family of programmable SoCs. The establishment of a relationship with the leading provider of embedded Linux development tools reflects the need identified by QuickLogic to offer a range of Linux solutions to its customer base.

The TimeSys Linux RTOS Professional Edition SDK combines a ready-to-run real-time Linux distribution for QuickLogic’s QuickMIPS chips with TimeSys’ full-featured TimeStorm graphical Integrated Development Environment (IDE) and TimeTrace diagnostic tool that simplify the development and debugging of Linux-based embedded applications. Mindful of the real-time requirements for many industrial control, communications and military applications, TimeSys Linux offers the industry’s lowest latency open source Carrier-Grade Linux kernel with real-time enhancements capable of meeting the entire range of performance requirements. The complete hardware/software solution enables developers to reduce their development risk, cost and time to market.

“With over 75% of our customers evaluating or committed to using Linux as part of their QuickMIPS-based designs, we recognized that we needed to provide a range of solutions,” said Ian Ferguson, Vice President and General Manager of QuickMIPS Products at QuickLogic. “The TimeSys Linux SDK featuring the TimeStorm Linux Tool Suite is expected to offer companies an intuitive development environment that facilitates the development of application software optimized for the QuickMIPS product family.”

“Delivering a ready to run TimeSys Linux SDK on the QuickMIPS products can help QuickLogic customers meet time to market and performance requirements by allowing them to focus their engineering resources in areas where they deliver their value-add,” said Larry Weidman, TimeSys President and CEO. “Now they can leverage the benefits of the TimeSys Linux RTOS and TimeStorm development tools in projects using the advanced single-chip solutions from QuickLogic.”

Pricing and Availability

The TimeSys Linux RTOS Professional Edition SDK for QuickMIPS will be available in beta form in January 2004. The TimeSys Linux RTOS Professional Edition SDK for QuickMIPS is priced at $3,795 per developer seat, royalty-free. QuickLogic customers can purchase the TimeSys Linux SDK from one of TimeSys’ many sales channel partners, or online at http://www.timesys.com

QuickLogic Acquires Key IP Cores from Quest Innovations to Support Focus on Video over IP Network Applications

Mon, 01 Dec 2003 00:00:00 -0600

Primary focus on streaming video applications inside an enterprise and car

Broad offering of cores for a variety of applications and markets

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced that they have acquired a number of intellectual property (IP) modules from Netherlands-based Quest Innovations B.V. that have been optimized for use in QuickLogic’s high-speed, low-power programmable logic. These modules, which include disk storage and graphics controller technology, allow QuickLogic to deliver turnkey system solutions for a number of video-over-IP applications and add to the extensive Quick IP library that includes communication, DSP, microprocessor cores, networking, PCI, and voice processing cores.

Primary Focus on Emerging Enterprise and In-Car Applications

The initial focus will be in the integration of Quest’s IP modules into the QuickMIPS family of programmable SoCs to deliver system solutions for a range of emerging market segments, including video and data streaming inside the Enterprise and for in-car infotainment systems. The industry-standard I/O interfaces included on the QuickMIPS device allow it to receive and transmit media on a wired or wireless network. The combination of the programmable logic and the powerful on-chip 32-bit CPU core efficiently processes, stores, and displays the video, data or voice information. For additional technical information about the Quest modules, go to http://www.quest-innovations.com/ipcores.php

“The use of a QuickMIPS device combined with Quest’s IP provides the time-to-market solution needed by designers of the next generation of video-enabled appliances and allows the platform to efficiently accommodate emerging technologies and services,” said Ian Ferguson, Vice President and General Manager of QuickMIPS Division at QuickLogic. “Designers can implement system functions such as digital content management between the CPU core and the programmable fabric to improve system performance and ensure content providers’ IP is protected.”

“Our customers are searching for ready to use, proven IP modules that can be immediately applied in their application and embedded into a single chip. This further improves system performance and development/manufacturing costs” said Richard Meester, President and CEO of Quest Innovations B.V. “We are excited about our partnership with QuickLogic which will deliver additional modules for this application area, including other key I/O interfaces and video compression/decompression and allow us to jointly deliver even more value for customers wishing to participate in this segment. ”

QuickCore IP Program

QuickLogic’s QuickCore program has generated an extensive library of proven generic and application-specific IP cores, including connectivity and computational modules. These cores can be easily implemented in any of QuickLogic’s devices that have programmable logic, including QuickLogic’s Eclipse II family of low power FPGAs, the QuickPCI product family, and the QuickMIPS programmable SoC devices. Connectivity solutions include I/O modules such as Utopia and HDLC controllers, that are appropriate for communications systems and general purpose peripherals such as I2C and PCI. Computational modules such as AES encryption and voice compression engines offload the main CPU allowing a system designer to implement additional features, using the CPU bandwidth that has been freed up. These IP modules, complementary software, and evaluation platforms result in a system solution being completed within weeks instead of the months required by ASIC approaches. For a complete list of cores, go to http://www.quicklogic.com/home.asp?PageID=380&sMenuID=211

QuickLogic's ViaLink® Based Devices Offer “Bullet Proof” Solutions to Intellectual Property Theft

Mon, 17 Nov 2003 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today unveiled an Application-Focused Portal on the Quicklogic website designed to promote awareness of, explore problems with and offer potential solutions to Intellectual Property (IP) theft—a significant and growing concern for SRAM based FPGA-based designs. The Portal is located at http://www.quicklogic.com/ip_security

“Data-security concerns affect virtually all silicon-enabled market segments. Meeting physical-design security requirements using FPGAs and other user-programmable devices is becoming a bigger challenge as techniques to steal or modify data proliferate and become more sophisticated,” notes Jim Lipman, Microelectronics/EDA Industry Analysts and Editor. “The amount of valuable intellectual property that fits into a single FPGA makes this type of device an attractive target for IP theft, if designs are not fully secure. Chips that are not secure also makes board- or system-level designs more susceptible to IP theft.”

This new portal provides news, articles and information describing how IP security is breached through reverse engineering and cloning. The portal also provides examples of IP theft, protective measures that can thwart security threats and information on how revenue can be affected when IP is stolen.

“Our customers value our solutions because they can get to market quickly with a highly differentiated IP secure product,” said Tom Hart, Chairman, President and CEO of QuickLogic. “ViaLink based designs offer bulletproof solutions to the very real threat of the theft of valuable intellectual property.”

The Security Portal represents the first of several Application-Specific Portals that QuickLogic will be launching. These portals will be dedicated to spreading awareness and accelerating the development of upcoming technologies in the digital consumer, battery-operated, medical, gaming, and military markets.

QuickLogic Offers AES 128 Encryption Engine Implemented in QuickMIPS

Mon, 17 Nov 2003 00:00:00 -0600

QuickLogic customers can now develop networking applications protected by industry standard AES Encryption

QuickMIPS platform delivers performance and time to market

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced the availability of its Advanced Encryption Standard (AES) 128 intellectual property core. When implemented in the QuickMIPS family of programmable SoC devices, the one-chip solution protects sensitive data streams running over wireless and public networks.

The QuickMIPS devices include on-chip Ethernet and PCI interfaces in addition to AES, providing platforms that allow the customer to spin out multiple variants efficiently through the reuse of software and hardware thereby improving time to market for subsequent designs and reducing development costs. Additionally, because AES is implemented in hardware, customers will achieve significant performance advantages over software implementations and benefit from the time-to-market advantages inherent in programmable logic solutions over ASIC products.

“Providing our customers with complete and secure system solutions that includes standard and application specific IP is critical. A major concern for service providers is the ability to support secure communication channels over public networks,” said Ian Ferguson, Vice President and General Manager of QuickMIPS Products. “The combination of the AES core and the on-chip industry-standard peripherals provide a proven, turnkey platform that delivers security and improves our customers’ time to market.”

The AES128 core delivers 300Mbps full duplex throughput which ensures that the part can support wire speed across the on-chip Ethernet ports. For a comprehensive listing of QuickLogic’s soft and hard IP cores, go to http://www.quicklogic.com/home.asp?PageID=380&sMenuID=211
Pricing and availability

The AES128 engine, which is currently being offered free of charge to QuickLogic’s customers, is available immediately for the QL901M device and will be available at the end of this quarter for all of the Quicklogic products.

About QuickMIPS Products

The unique QuickMIPS family combines a MIPS CPU core, industry-standard memory and I/O interfaces, and a programmable fabric on a single device. Based on QuickLogic’s patented ViaLink® metal-to-metal technology, the programmable portion of the device employs highly reliable links to execute connections inside an array. This on-chip “sea-of-cells” can be used to implement specific connectivity, computation, and customization functions in a cost-effective and secure manner. Compared with discrete embedded processor plus FPGA implementations, this single-chip approach delivers increased system performance and protection of customer’s intellectual property, along with the traditional benefits of single chip solutions such as reduced power dissipation, reduced board real estate and ease of design.

QuickLogic Comments on ZiLOG Lawsuit Claiming Infringement under a 1987 Patent

Thu, 13 Nov 2003 00:00:00 -0600

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today commented on ZiLOG Incorporated’s November 12, 2003 press release announcing a patent infringement lawsuit against QuickLogic Corporation.

“We are puzzled by the timing of this press release,” said Tom Hart, Chairman, President and CEO. “The press release was issued yesterday, yet the lawsuit claiming infringement of the 4,670,749 patent was filed more than three months ago. We believe we have meritorious defenses against the claims made in the lawsuit, and intend to vigorously defend ourselves.”

“ZiLOG filed the suit August 11, 2003, with less than 10 months remaining in the patent's term, and we were served September 19, 2003. We have filed an answer to the suit. We do not believe this is a material event to the Company, and we do not expect it to affect our business.”

QuickLogic Appoints Sidney Fong to Lead Asia Pacific Sales

Wed, 12 Nov 2003 00:00:00 -0600

Engineering skills, marketing and industry knowledge expected to help drive sales in Asia Pacific Region

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Product (ESPs), today announced it has named Sidney Fong as Managing Director of Asia Pacific. He will report to Jeff Sexton, Vice President of Worldwide Sales.

Fong comes to QuickLogic from IBM, where he was a country manager of the IBM Technology Group in China, responsible for the sales and marketing operation in China and Hong Kong region. He joined IBM in 1998 and led a team assigned to develop custom logic business and won the first high-end ASIC business for IBM in China. Prior to working for IBM, Sidney served at Fujitsu Microelectronics as a country manager for China. Sidney has 18 years of sales and marketing experience in the electronics industry managing both direct and distribution businesses that cover a wide spectrum of customers, including both multinational accounts as well as indigenous customers.

Sidney graduated with Electronics Engineering degree from Hong Kong Polytechnic University and an MBA degree in Strategic Marketing from University of Hull in the UK.

“We are delighted to have Sidney join the QuickLogic sales team,” said Jeff Sexton, Vice President of Worldwide Sales. “Sidney’s experience in sales and marketing combined with his engineering background makes him an ideal leader for our Asia Pacific region.”

Aeroflex Incorporated Announces the Launch of a New Radiation-Hardened Family of Field Programmable Gate Arrays (FPGAs)

Thu, 06 Nov 2003 00:00:00 -0600

Aeroflex Incorporated (NASDAQ:ARXX), announced today a radiation-hardened version of the QuickLogic Eclipse FPGA family. Under an existing license agreement, Aeroflex has access to QuickLogic’s Eclipse FPGA IP and ViaLink® process technologies. Additionally, under the license agreement, Aeroflex also has access and can offer to the aerospace/satellite community QuickLogic’s robust suite of circuit development and programming tools.

“We are extremely excited to introduce the radiation-hardened Eclipse FPGA product,” said John Buyko, President, Aeroflex Microelectronic Solutions. “The Eclipse FPGA family is expected to serve as a technology platform that will allow Aeroflex to develop additional RadHard FPGA products and ASSPs (Application Specific Standard Products), thus enabling us to further service and penetrate the RadHard market.

“Our aerospace/satellite customers have been anxiously awaiting an alternative to current RadHard FPGA solutions,” continued Buyko. “The RadHard Eclipse FPGA leverages a proven commercial architecture with radiation-hardening, creating an efficient, high-performance FPGA with embedded RadHard SRAM. Our relationship with QuickLogic now gives engineers a choice when designing satellite systems that demand high speed, lower power, radiation-hardening and high reliability. We anticipate receiving initial orders in the current quarter with deliveries expected to commence in the March quarter.”

“We are pleased to see the benefits of QuickLogic’s Eclipse FPGA IP and ViaLink® metal-to-metal interconnect technology added to Aeroflex’s already extensive RadHard product portfolio,” said Tom Hart, Chairman and CEO, QuickLogic. “With the Eclipse FPGA IP being radiation-hardened by Aeroflex, this enabling technology will provide alternative RadHard solutions to aerospace and military satellite system suppliers worldwide.”

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QuickLogic Releases QuickTools for Linux

Mon, 03 Nov 2003 00:00:00 -0600

New development tools address increasingly popular OS platform

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced the addition of QuickTools Linux to its comprehensive suite of development tools. Designed expressly in response to customer demand, QuickTools Linux addresses the growing percentage of the engineering community that are using Linux-based PCs and workstations to create and simulate programmable logic designs for embedded applications.

The QuickTools Linux product supports the entirety of QuickLogic’s product portfolio, including the ultra-low power Eclipse-II Field Programmable Gate Arrays (FPGAs), the QuickMIPS family of programmable SoCs, and the broad range of PCI-based connectivity solutions. QuickTools Linux also provides several usability and development efficiency features, including:

Static Timing Analysis: Designers can perform accurate static timing analysis on their designs without needing to use or license any third-party software
Timing Driven Place and Route: Advanced placement and routing algorithms accelerate designers through the critical timing closure process. User defined constraints can be specified textually or via a graphical user interface
Window-Based Placer: The native floor planning capability allows designers varying levels of influence on logic placement at a modular level
Support for third party EDA Synthesis Tools and Generation of Timing Annotated Netlists: For designers who have existing EDA tool-chains in place, QuickTools provides seamless support for both Verilog and VHDL development
Command Line Interface Support for Script-Driven and Batch Mode Operation: Focusing on design automation, QuickTools Linux supports optional script-based and batch mode operation, allowing designers to focus their time on design and verification as opposed to the mechanical process of manually running the development tools

“We have been seeing growing demand for EDA tools to support the Linux operating system,” said Tim Saxe, QuickLogic’s VP of Engineering. “QuickLogic’s product development is strongly customer-driven, and the six months between customer request and product release illustrates how we focus our resources on our customers’ needs. A key focus for QuickLogic is the recognition that we must provide more than simply compelling silicon. Broadening the development platform choice for our customers is a key element of this strategy.”

QuickTools Linux supports Redhat Linux versions 7.2 and 8.0.

Pricing and Availability

QuickTools Linux is already production released and is available for $995.

QuickLogic Names Art Whipple Vice President of Business Development

Wed, 22 Oct 2003 00:00:00 -0500

Whipple to drive development of compelling system solutions that leverage QuickLogic's secure Embedded Standard Products

QuickLogic Corporation (Nasdaq: QUIK), the leader in Embedded Standard Products (ESPs), today announced that Arthur O. Whipple has been named Vice President of Business Development. The new position was designed to establish partnerships with companies offering complementary technology that, when coupled with QuickLogic’s ESP products, offers compelling system solutions for markets that QuickLogic already serves. Mr. Whipple will also focus on identifying new products and sales channel strategies with the goal of positioning QuickLogic into emerging, high volume segments.

“The marked rise in ASIC costs, the heightened awareness of the need to protect intellectual property, and the time to market pressures facing the system designer, clearly present a huge opportunity for QuickLogic’s family of highly secure, programmable products,” said Tom Hart, Chairman, CEO and President of QuickLogic. “Art will play a pivotal role in identifying the programs that QuickLogic should deploy to maximize our value to our customers.”

Whipple joined QuickLogic in 1998 as its CFO and was most recently the Vice President and General Manager of Logic Products. Brian Faith, a seven-year veteran of QuickLogic, has been promoted to Director of Marketing, Logic Products, to take on Whipple’s former function. “The Vialink® technology, that underlies all of QuickLogic’s products, has enabled QuickLogic to release the Eclipse-II family of programmable devices that provide product leadership in the FPGA segment in terms of standby and dynamic current draw, ” continued Hart. “Brian’s immediate focus will be to increase QuickLogic’s share of the FPGA business in power-sensitive applications in portable medical, PDA, and consumer markets.”

Mr. Whipple’s other semiconductor experience includes finance and engineering positions with Monolithic Memories Inc., Fairchild Camera & Instrument, and Westinghouse Electric Corporation. He holds a B.S.E.E. from the University of Washington and M.B.A. from Santa Clara University.

Mr. Faith has held several positions in engineering, sales, applications and marketing at QuickLogic. He holds a B.S.C.E., has completed post-graduate work in engineering management, and has also served as an adjunct lecturer at Santa Clara University.

QuickLogic Announces Third Quarter Results — Revenue Increases 34%

Wed, 22 Oct 2003 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the third quarter ended September 30, 2003.

Net revenue for the third quarter of 2003 was $11.2 million, up 34% from net revenue of $8.3 million in the third quarter of 2002, and up 5% sequentially compared to the second quarter of 2003. ESP products were 42% of revenue for the third consecutive quarter. The net loss for the third quarter of 2003 was $709,000, or $0.03 per share, compared to a net loss of $6.0 million, or $0.26 per share, in the third quarter of 2002, and compared to a net loss of $24,000, or $0.00 per share, in the second quarter of 2003. Second quarter 2003 results included a $0.7 million gain on the sale of securities.

“While our revenue growth results for Q3 were certainly satisfying, we are even more pleased with our 29% year to date revenue growth,” said Tom Hart, Chairman, President and CEO. “This revenue growth has been driven by a 58% increase in Embedded Standard Product revenue over the same time period. We continue to be very enthused by the customer interest and design activity generated by our newest products – both the Embedded Standard Products and our newest FPGA family named Eclipse II.”

Conference Call

Our conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the conference call, please call 1-800-901-5231 or International 1-617-786-2961 by 2:20 p.m. Pacific Time on October 22nd. You will need to reference the pass code: 55904110. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the pass code: 79336173. Both the webcast and the call recording will be archived until November 6, 2003.

QuickLogic Approved by Sony as “Green” Partner

Mon, 13 Oct 2003 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of ESPs (embedded standard products), today announced that the company has been awarded a certificate indicating QuickLogic’s compliance with the Sony Green Partner Environmental Quality Approval Program. The granting of the certificate complies with the environmental standards outlined in the SS-00259 of Sony’s Technical Standards.

“QuickLogic has made a conscious effort to take environmentally friendly actions including the use of lead-free packages that can be reliably soldered to printed circuit boards using solder that contains markedly less lead than conventional approaches,” said Reg Simpson, COO at QuickLogic. “Through this program, we believe Sony sends an important message to the industry about the importance of partnering for more effective environmental awareness and we hope other large industry leaders will adopt similar programs.”

Sony established the Sony Green Partner Standards in July 2001 with the aim of encouraging suppliers to introduce Green Partner environmental management systems. In March 2002, Sony established a set of "management regulations for environment-related substances to be controlled which are included in parts and materials." Environment-related substances to be immediately banned or reduced were identified, as well as their applications.

QuickLogic Corporation Announces Q3 FY2003 Earnings Conference Call

Thu, 02 Oct 2003 00:00:00 -0500

QuickLogic Corporation (Nasdaq: QUIK), has scheduled a conference call to discuss the company's operating results for its third fiscal quarter on Wednesday, October 22nd, 2003, at 2:30 p.m. Pacific Time / 5:30 p.m. Eastern Time.

QuickLogic Corporation will issue a news release announcing the company's third quarter 2003 results at approximately 1:00 p.m. Pacific Time / 4:00 p.m. Eastern Time on October 22nd, 2003. The conference call is being webcast by CCBN and can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call 1-800-901-5231 or International 1-617-786-2961 by 2:20 p.m. Pacific Time on October 22nd. You will need to reference the passcode: 55904110. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode: 79336173. Both the webcast and the call recording will be archived until November 6th, 2003.

QuickLogic Places Production Order for Tower's FAB 2

Fri, 08 Aug 2003 00:00:00 -0500

Tower Semiconductor (Nasdaq: TSEM, TASE: TSEM) announced today that QuickLogic Corporation (Nasdaq: QUIK) has placed its first production order for its 0.18 micron Embedded Standard Product (ESP) and Field Programmable Gate Array (FPGA) products. Tower expects to begin the first shipments of QuickLogic products in the second half of 2003. These products are being manufactured at Tower’s Fab 2 facility, in which QuickLogic and several other companies have made strategic investments.

“Our strategic wafer partners have been invaluable in sharing their knowledge and experience to help Tower in our goal to become a world-class deep sub-micron semiconductor manufacturer,” said Harold Blomquist, CEO, Tower Semiconductor USA. “Now it’s time to capitalize on this knowledge and experience and move into our next phase of growth, and QuickLogic’s purchase order is a positive step in this direction.”

QuickLogic has two product families that utilize Tower’s 0.18-micron manufacturing process. The QuickMIPS™ ESP family combines a MIPS CPU core, industry-standard memory and I/O interfaces, and programmable fabric on a single device. This on-chip “sea-of-cells” can be used to implement specific connectivity, computation, and customization functions in a cost-effective and secure manner. The Eclipse II™ family is the industry’s lowest-power FPGA, offering a high-performance, feature-rich architecture that addresses the needs of CPLD and ASIC designers.

“Tower has demonstrated a high-level of customer service and fostered an environment of teamwork throughout the ramp-up and production process,” said Tom Hart, chairman, president and CEO of QuickLogic. “The resulting 0.18 micron products will enable QuickLogic to reach pricing targets and provide features that are critical in meeting our customer’s requirements.”

QuickLogic Corporation Announces Second Quarter Fiscal 2003 Financial Results — Revenue Increases 27%

Wed, 23 Jul 2003 00:00:00 -0500

Note to Editors: Download Financial Tables

QuickLogic Corporation, (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced its financial results for the second quarter ended June 30, 2003.

Net revenue for the second quarter of 2003 was $10.6 million, up 27% from net revenue of $8.4 million in the second quarter of 2002, and up 13% sequentially compared to the first quarter of 2003. ESP products contributed 42% of revenue in the second quarter of 2003. The net loss for the second quarter was $24,000, or $0.00 per share, compared to a net loss of $3.1 million, or $0.13 per share, in the second quarter of 2002, and compared to a net loss of $1.6 million, or $0.07 per share, in the first quarter of 2003. Second quarter 2003 results included a $0.7 million gain on the sale of securities.

“Our total year-over-year revenue growth of 27% was driven by a 57% increase in our new products, which includes a 65% growth of Embedded Standard Product revenue,” said Tom Hart, Chairman, President and CEO. “We are very encouraged by the accelerating market acceptance of both our new and Embedded Standard Products.”

Conference Call

Our conference call will begin today at 2:30 p.m. PDT, and is being webcast by CCBN. The webcast can be accessed via QuickLogic's website at www.quicklogic.com. For access to the live conference call, please call 1-800-901-5241 or International 1-617-786-2963 by 2:20 p.m. Pacific Time on July 23rd. You will need to reference the passcode 42189295. A recording of the call will be available starting one hour after the completion of the call. To access the recording, please call 1-888-286-8010 or International 1-617-801-6888. You will need to reference the passcode 67712261. Both the webcast and the call recording will be archived until August 7th, 2003.

QuickLogic Press Releases

QuickLogic’s New “CUB” System Enables Easy Evaluation of ArcticLink III VX for Customer Designs

Availability

QuickLogic’s Parallel Camera Interface for TI Sitara™ AM335x ARM® Cortex™-A8 Processors Supports Android Jelly Bean 4.1.2 Operating System

Availability

QuickLogic Announces Fiscal 2013 First Quarter Results

Conference Call

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

Note to Editors: Financial tables follow

QuickLogic’s VEE-Pico Catalog CSSP Delivers Greater “Effective Lumens” for Pico Projectors

Availability

QuickLogic Announces Q1, 2013 Earnings Conference Call

QuickLogic’s Catalog CSSP Strategy Extends Company’s Reach into Diversified Markets

Availability

QuickLogic to Present at the Globalpress Electronics Summit 2013 in Santa Cruz, CA

QuickLogic CTO to Present at Linley Tech Mobile Conference 2013

QuickLogic’s ArcticLink III VX6 Supports Embedded and External Displays from a Single Processor Display Output

Availability

QuickLogic to Present on CSSP Market Strategy at Annual ROTH Capital Conference

QuickLogic to Present at IIC Conference in China

QuickLogic Announces that Kyocera has Selected its PolarPro II CSSP to Solve Connectivity Challenges in PHS Handset Phones

Availability

QuickLogic Announces Fourth Quarter and Fiscal 2012 Results

Conference Call

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic Announces Q4 & FY 2012 Earnings Conference Call

QuickLogic Announces Preliminary Q4 2012 Revenue

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic Showcases Broad Range of CSSP Solutions for Mobile Devices at CES

QuickLogic Launches Japanese Website

QuickLogic to Present at the FPD Technology and Application Forum in Taiwan

QuickLogic’s ArcticLink III VX5 Solution Bridges DragonBoard’s MIPI-DSI Interface to LVDS Displays

QuickLogic Appoints George Apostol, Jr. Vice President, Worldwide Engineering

QuickLogic Offers Display Interface Bridge Solutions for Mobile Handheld Devices

Availability

About VEE and DPO

QuickLogic Announces Fiscal 2012 Third Quarter Results

Conference Call

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic Announces Q3 2012 Earnings Conference Call

QuickLogic to Participate at MIPI Alliance Member Demo Day

QuickLogic Announces Orion Reference Design Supporting TI’s Sitara™ ARM® Cortex™ Processor-based Mobile Enterprise Products

Portable Data Terminals, Handheld Scanners and Industrial Tablets

Mobile Point-of-Sale Terminals

3rd Party Compatibility

Availability

QuickLogic to Participate at TI Technology Day 2012

QuickLogic Announces Fiscal 2012 Second Quarter Results

Conference Call

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic’s CSSPs Enable TI’s Sitara™ AM335x ARM® Cortex™-A8 Processor to Support High-Resolution Cameras

BeagleBone Reference Design Platform

Availability

QuickLogic Joins TI’s Sitara™ ARM® Processor Ecosystem with Camera-Ready CSSP

Availability

QuickLogic Announces Q2, 2012 Earnings Conference Call

QuickLogic Corporation Announces Partial Exercise of Over-Allotment Option Related to Public Offering of Common Stock

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

QuickLogic to Showcase VEE-Enabled Display Daughter Card for Dragonboard at the Qualcomm Uplinq Conference

QuickLogic Announces Inclusion in Russell 3000 Index

QuickLogic Extends North American Sales Support with Signing of Sigma Sales Corporation

QuickLogic Announces Its VEE Enabled CSSP Is Included in New Kyocera ‘URBANO PROGRESSO’ Smartphone

Availability

About VEE and DPO

QuickLogic Corporation Prices Public Offering of Common Stock

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

QuickLogic Enhances Viewability of ‘PoP Video’ Pico Projector Accessory for Use with iPhone and iPod Touch

Availability

QuickLogic Announces Fiscal 2012 First Quarter Results

Conference Call

Non-GAAP Financial Measures

Safe Harbor Statement Under The Private Securities Litigation Reform Act of 1995

QuickLogic Announces Q1, 2012 Earnings Conference Call

QuickLogic CTO to Present at Linley Tech Mobile Conference 2012

CertiVox and QuickLogic Partner to Revolutionize Information Security in the Mobile Market

QuickLogic to Present at the ROTH Capital 24th Annual OC Growth Stock Conference

QuickLogic to Present at the ROTH Capital  24th Annual OC Growth Stock Conference

QUICKLOGIC CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In thousands, except per share amounts)
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QUICKLOGIC CORPORATION
SUPPLEMENTAL RECONCILIATIONS OF GAAP AND NON-GAAP FINANCIAL MEASURES
(In thousands, except per share amounts)
(Unaudited)

QUICKLOGIC CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
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(Unaudited)

QUICKLOGIC CORPORATION
SUPPLEMENTAL DATA
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