SAN JOSE, Calif., Feb. 11 /PRNewswire-FirstCall/ -- Zilog, Inc. a leading provider of 8-, 16- and 32-bit embedded Flash microcontrollers, universal remote control and ARM(R) core-based solutions, today strengthened its leadership in the rapidly growing secure transactions marketplace by reporting that China's PAX Technology LTD has cleared PCI PED certification for its new S80 POS terminals with Zilog's new 32-bit ARM(R) core-based family of Application Specific Standard Products (ASSPs) for its next-generation global electronic funds transfer (EFT) Point-of-Sale (POS) payment systems. PAX Technology is one of China's leading suppliers of innovative electronic payment terminal solutions. In an age of increased fraud and security breaches, PCI PED certification is a rigorous banking and financial industry security standard that must be cleared by all suppliers of EFT POS payment systems.
Founded in 2000, and based in Shenzhen, China, PAX Technology Ltd. (PAX) has a strong reputation for delivering high quality, reliable, and secure products to clients and customers worldwide. This has helped create a strong demand for its POS terminals and wireless products in its home nation. The company also has a rapidly growing presence in the global marketplace.
According to Darin G. Billerbeck, president and chief executive officer, Zilog, "The relationship with PAX marks another major milestone for our company in the POS arena and in the Asia region where we have begun to drive support and explore key opportunities with many of China's innovators like PAX. Our new Zatara(TM) ARM(R) core based 32-bit single-chip solution has gained significant traction in terms of customer penetration and design wins because of technology differentiation that allows our customers to attain greater system performance and security."
"We are pleased to pursue our long term relationship with Zilog on its new Zatara(TM) 32-bit single-chip solution," commented Thomas Xu, vice president of marketing, PAX Technology, Ltd. "Zilog's PCI PED compliant POS solutions have enabled us to integrate more easily, and speed time-to-market while satisfying the performance and security requirements of our new wireless handset and countertop POS terminal and secure PIN Pad products."
"That PAX Technology has passed PCI PED certification with our innovative new Zatara(TM) platform is a reflection of the growing success we are experiencing in the marketplace," noted Keith Bladen, vice president of marketing, Zilog. "PAX Technology, like Zilog, is an innovator in its own right in the growing field of secure transactions. Our highly integrated Zatara(TM) platform is not only PCI PED and EMV Level 1 compliant, but our solution also offers the 'best in the industry' levels of security, performance and cost advantages. We are meeting the growing security and infrastructure needs of the Chinese market and indeed the global marketplace, which we believe will further strengthen our leadership in the secure transaction arena."
About PAX Technology:
PAX Technology provides a vast array of leading-edge solutions to the global electronic payment industry. Because of the success of its products and technology, it has grown rapidly since its inception in 2000. Today, the company is a major player in the Chinese marketplace and growing fast outside China. In China, their clients include China Union Pay, where it is that company's leading supplier, Bank of China, China Construction Bank, Bank of Communication, and the Agriculture Bank of China. As a result of its EMV technology leadership, PAX has expanded rapidly outside of China including Hong Kong, Indonesia, Thailand and Vietnam where it has a very strong presence. It also is growing in Korea, Russia and Singapore.
About Zilog:
Founded in 1974, Zilog is a global supplier of 8-, 16- and 32-bit microcontroller and microprocessor "system-on-a-chip" (SoC) solutions that allow design engineers the freedom and creativity required for continued innovation in embedded design. The company won international acclaim for designing one of the first architectures in the microprocessors and microcontrollers industry. Today, Zilog designs, develops and markets a broad portfolio of devices for embedded control and communication applications used in consumer electronics, home appliances, security systems, Point-of-Sale (POS) terminals, personal computer peripherals, as well as industrial and automotive applications. Zilog is headquartered in San Jose, California, and employs approximately 500 people worldwide with sales offices throughout Asia, Europe and North America. For more information about Zilog and its products, visit the Company's website at http://www.zilog.com/.
Zilog and Zatara are trademarks or registered trademarks of Zilog, Inc. in the United States and in other countries. ARM is a registered trademark of ARM Limited in the EU and other countries.
Forward-Looking Statements
This release contains forward-looking statements relating to expectations, plans, prospects for Zilog, Inc. that are based upon the current expectations and beliefs of Zilog's management and Board and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, Zilog's management and Board believe that the event reported in this press release will strengthen Zilog's leadership in the secure transactions marketplace.
For a detailed discussion of these and other cautionary statements, please refer to the risk factors discussed in filings with the U.S. Securities and Exchange Commission ("SEC"), including but not limited to the Company's amended Annual Report on Form 10-K for the year ended March 31, 2007, and any subsequently filed reports. All documents also are available through the SEC's Electronic Data Gathering Analysis and Retrieval system (EDGAR) at http://www.sec.gov/ or from Zilog's Website at http://www.zilog.com/.
Contact:
Stewart Chalmers
Ph: 818-681-3588
E-mail:
