Press Release
June 12, 2007
FOR IMMEDIATE RELEASE
INVENSENSE DUAL-AXIS GYROSCOPE RECEIVES
PRODUCT INNOVATION OF THE YEAR AWARD FROM FROST & SULLIVAN
Small Size, Low Cost Dual-Axis Gyroscopes based on Nasiri-Fabrication™ Earns Best Practices Award for Technology Superiority in Consumer Mobile Products Markets
Santa Clara, Calif., June 12, 2007 – InvenSense, Inc. (www.invensense.com), the leading provider of integrated motion sensing solutions for mobile applications, today announced it has received the Product Innovation of the Year Award from Frost & Sullivan for its integrated dual-axis gyroscopes. The award recognizes the technical leadership of InvenSense based on its innovative and proprietary Nasiri-Fabrication™ technology enabling the development and introduction of the world’s first integrated dual-axis gyroscope products with immense potential for mobile consumer markets. InvenSense CEO Steven Nasiri will accept the award at the 2007 Excellence in Emerging Technologies award ceremony to be held in Newport Beach, California on June 13, 2007.
In addition to its contributions of advancing motion sensing technology, InvenSense was acknowledged for making gyroscopes affordable for mobile consumer products. The company has met the primary challenge facing gyroscope manufacturers by delivering small form factor, multi-axis, single-chip gyroscopes in high volumes to leading consumer OEMs at order-of-magnitude lower price points. Achieving a paradigm shift in the design and manufacture of MEMS sensors, InvenSense uses its patented Nasiri-Fabrication process for wafer-scale integration that leapfrogs the cost issues faced by other MEMS sensor makers.
InvenSense has three new gyroscopes in its IDG family of dual-axis gyroscopes for consumer markets, including the IDG-300 for motion sensing; IDG-1000 for image stabilization; and most recently the IDG-1004 for GPS navigation.
“InvenSense's unique dual-axis gyro with integrated electronics provides the key capabilities required to open up and significantly expand new, high-volume applications for gyros in such areas as digital cameras, camera phones and smart phones, 3D input devices, remote controllers, portable navigation devices, and so on,” said Peter Adrian, principal analyst and research manager with Frost & Sullivan. “The company's solutions address the key
requirements in consumer and handheld electronics markets for inertial sensors that provide lower cost, a small factor, low power consumption, and more intuitive and flexible motion sensing functionality.”
“Demand in the consumer markets for more sophisticated motion technologies for phones, cameras and portable navigation devices continues to grow in part because we have made the opportunity real for product makers to implement a cost-effective solution,” said Steven Nasiri, founder, president and CEO of InvenSense.
“Recognition such as this from Frost & Sullivan is satisfying validation of our advances in gyroscopes and future sensors for mobile phones and other product segments.”
Frost & Sullivan Best Practices Awards recognizes companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.
About InvenSense
InvenSense, Inc. is the leading provider of motion sensing solutions for mobile applications. The company’s motion sensing technology addresses emerging mass-market applications such as image stabilization, mobile navigation, location-based services and smart user interfaces that use hand motion and gesture-based commands. InvenSense corporate offices are located in Santa Clara, Calif. More information can be found at www.InvenSense.com.
For more information contact:
InvenSense Inc.
Daniel Goehl
408.988.7339 x103
dgoehl@invensense.com
Camelia Bobic
408.988.7339 x130
cbobic@invensense.com