WCDMA Company Named One of ``Top 50 Companies to Watch in 2002

Zyray Wireless, a San Diego-based start-up company developing the SPINNER family of wireless semiconductor products based on Space-Time Processing technology, has been ranked tenth on the list of "Top 50 Companies to Watch in 2002," compiled by writers and researchers from Reed Business Information (formerly Cahners Business Information).

Photo of SpinnerChip on left.

The publication, which evaluated a broad range of companies in the electronics industry, has chosen the top 50 companies that are developing innovative and vital technologies and products.

"These companies are pushing harder than ever so they will be well poised for 2003, a year projected to show 20 to 26 percent growth for the semiconductor industry," said Susan Mulcahy, VP Research and Special Editions at Reed Electronics Group.
"We are pleased to be named by Reed Business Information as one of the 'Top 50 Companies to Watch' in the electronics industry," commented Werner Sievers, CEO of Zyray Wireless. "We attribute this recognition to the innovative products and technologies that we are bringing to the wireless marketplace."
Zyray Wireless is developing Space-Time Processing and WCDMA IP and semiconductor solutions to enable low power, low cost and high performance implementations of wireless standards such as WCDMA, 802.11 and GSM/GPRS.
The list, which includes such recognized industry names as Advanced Micro Devices, Intersil, Microsoft and IBM, was published in the July issue of "Electronics Industry's Movers and Shakers of 2002," a special magazine supplement produced annually by Reed Business Information.