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Press Release

Plextek Signs Strategic Agreement with BTG for the Accelerated Development of Electronic Design Technologies

Plextek, the independent electronics design and consultancy company, has announced it has been selected as preferred supplier for BTG, the global technology commercialisation company. Together the two organisations will focus on all areas in the development of new semiconductor and optoelectronic technologies for use in a broad range of communications, storage, display, and consumer electronics applications. BTG researches early-stage concepts and negotiates the IP rights. Once the concept has been fully validated, Plextek may then be consulted by BTG to assist with the development of electronics design technologies. Plextek will work closely with BTG's team of technology IP professionals as they enhance the value and scope of BTG's portfolio of electronics patents, many from universities in the UK and North America, as well as corporations worldwide.

Using its substantial knowledge and design expertise across a wide range of electronics technologies, as well as its access to relevant companies and standards bodies, Plextek will screen the technology pinpointed by BTG and give opinion on whether it is worthwhile to proceed with acquisition. If BTG feels more development work would enhance the value of the technology and accelerate commercial adoption then Plextek will be a partner of choice to take the technology to a further stage and, where needed, to develop a prototype to show proof-of-concept to potential licensees.

During the last year, Plextek has been working with BTG on a range of IP opportunities including novel amplification, equalisation and coding techniques for mobile communications and location systems.

Dr Graham Maile, Director of Strategic Consulting at Plextek was responsible for developing the initial discussions with BTG on the alliance agreement. Welcoming the continuing co-operation, he said: "I was delighted when BTG first contacted me to say that it had received multiple recommendations that Plextek would be its ideal partner in the electronics technology space. It is gratifying to know that the company's history of successful innovation and development has been recognised by a leader in technology intellectual property. I am looking forward to continuing to work closely with BTG to implement its IP acquisition strategy and enhance the value of its electronics patent portfolio."

Jay Kshatri, Vice President of BTG's Semiconductors & Optoelectonics group said: "BTG has selected Plextek as a preferred supplier because of its strong commercial focus and its significant product expertise in the semiconductor industry. These factors give it a deep understanding of the value of IP and the commercialisation process".

Issued 21/11/2003