posted
Rim Semiconductor Opens Asian Markets; Completes Representative Agreement with Asiakey Technology Ltd. Launching Sales and Marketing in China, Singapore and Taiwan 2/27/2006
PORTLAND, Ore., Feb 27, 2006 (BUSINESS WIRE) -- Rim Semiconductor Company (OTCBB:RSMI), an emerging provider of semiconductors to the broadband telecommunications industry, has completed a representative agreement with Asiakey Technology Ltd. launching sales and marketing programs in China, Singapore and Taiwan.
China leads the DSL world with over 21 million subscribers followed by the US, which has close to 16 million, according to researcher In-Stat. It has grown from a $2 billion semiconductor market during the 90's to the third-largest semiconductor-consuming country worldwide. China will continue to grow at twice the pace of the entire semiconductor industry over the next five years. The Embarq(TM) family of transport processors delivers 30% more payload at 6,500 feet and 50% longer reach over copper, exceeding the competition and meeting the geographic requirements of the Asian market service providers.
Asiakey's core team is made up of experienced semiconductor sales and marketing veterans who have successfully introduced start-ups like Virata, Brecis, PLX, and Netchip to the Asian marketplace.
"Asiakey has contributed to the success of many startup companies that went IPO or were acquired." Paul Lin, Director of Asiakey Technology. "Based on our conversations with our existing customers, we believe Rim Semiconductor's Embarq(TM) product line is superior to the competition and will have tremendous success in our market place."
"Now more than ever it is important to invest and participate in the China semiconductor market to capitalize on the opportunities," states Brad Ketch, president and chief executive officer of Rim Semiconductor Company. "We are very excited to have Asiakey's experienced team representing Rim and Embarq(TM) in Asia."
About Asiakey Technology Ltd.
Asiakey is an independent representative with sales & marketing offices in Singapore, Taiwan and China which are the heart of design & manufacturing activities in Asia. Asiakey is part of Asaiki Group which consist of the following companies: Asaiki Pte Ltd, Asaiki Technology Pte Ltd, Asiakey Technology Co. Ltd, Asiakey Technology (HK) Ltd, Asiakey Technology (Shanghai) Co. Ltd and Takeiki Pte Ltd
About Rim Semiconductor Company
Based in Portland, Oregon, Rim Semiconductor is an emerging fabless communications semiconductor company. It has made available an advanced technology that allows data to be transmitted at greater speed and across extended distances over existing copper wire. For more information, visit www.rimsemi.com.
With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward looking statement in this press release in order to reflect events or circumstances that may arise in the future.
-------------------- Trading is a blast!! Posts: 4921 | From: Rhode Island | Registered: May 2005
| IP: Logged |
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
| IP: Logged |
posted
Looks good matto...recently trading at.275....This could be a nice runner this week..
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions Posts: 599 | From: AmishLand, PA | Registered: Jan 2006
| IP: Logged |
posted
Hey Matto..THis weekend took forever! Was thinking about this AM all weekend long!Even called in sick today..I had to watch the fireworks this AM with no distractions!
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions Posts: 599 | From: AmishLand, PA | Registered: Jan 2006
| IP: Logged |
posted
Oh..I already do after reading the CWLC PR! easy green on that one!
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions Posts: 599 | From: AmishLand, PA | Registered: Jan 2006
| IP: Logged |
posted
yup...had a case of the green- This thing is taking off! why can;t I pre market!!!What;s the deal? Only MM's?I keep getting some crap about OTCBB not NASDAQ something or another..can pinks but not otc?.
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions Posts: 599 | From: AmishLand, PA | Registered: Jan 2006
| IP: Logged |
Rim Semiconductor Announces 2006 Marketing Programs Tuesday March 7, 6:00 am ET
PORTLAND, Ore.--(BUSINESS WIRE)--March 7, 2006--Rim Semiconductor Company (OTCBB:RSMI - News), an emerging provider of semiconductors to the broadband telecommunications industry, today announced its 2006 Marketing Program. The market for IPTV networks in the Asia-Pacific region, which are powered by semiconductors such as the Company's Embarq product, is expected to grow nearly 80 percent every year to US$4.2 billion between now and 2010, according to Instat. Rim Semi intends to begin hosting an invitation-only product demonstration suite to display its products' anticipated strengths and advantages for delivering "Triple-Play" services over copper. By providing a superior technology compared to other semiconductors, Rim Semi expects to offer telephone companies a 50% reduction in the cost of building and operating a network, and also a better grade of video over IP. Rim Semi further believes that it can offer equipment makers significant cost savings in their product lines by integrating adjunct features like voice over internet protocol (VoIP) that were previously obtainable only with standalone circuitry. Together, these features will enable telcos to aggressively compete for the cable TV subscriber.
The Company's product demonstration suite will be available at:
Apr 19-20, 2006 IPTV and Beyond -- The Future of Broadcast TV, San Diego, CA Highlighting the best practices from successful IPTV deployments nationwide.
Sep 11-14, 2006 Broadband World Forum Americas, Vancouver, British Columbia Brings together senior executives from a range of industry players to examine the applications, services, and content that are driving broadband demand, as well as the network solutions and technologies that are making them a reality.
Sep 27-29, 2006 IPTV World Forum Asia, Shanghai, China Features over 25 Asian & worldwide Telcos & ISPs discussing IPTV service deployment issues.
Oct 10-12, 2006 Broadband World Forum, Paris, France An opportunity to discuss new advancements and technologies with key industry organizations, and see the latest developments that will help you keep implementation costs down and maximize return on infrastructure investment.
Rim Semi is also attending several international industry events, with the objective of discussing its expected product offerings with industry analysts, target customers and trade partners. These events are:
March 19-23, 2006 TelecomNEXT, Las Vegas, Nevada US TelecomNEXT is the premier trade association representing service providers and suppliers for the telecom industry.
March 21 and 22, 2006 China DSL Conference, Beijing China DSL is a leading conference for the emerging Chinese infrastructure companies.
May 15-18, 2006 IPTV Global ComForum, Hong Kong, China Helping incumbent and new-entrant carriers address key issues in the delivery of IPTV services. This event will bring together a wide range of business leaders and technology pioneers who are at the cutting edge of IPTV deployment and innovation.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
PORTLAND, Ore., Feb 27, 2006 (BUSINESS WIRE) -- 
![[Wink]](wink.gif)
lol
