June 21, 2006 Irvine, CA -- ClariPhy Communications, Inc., a fabless semiconductor company specializing in high-speed communications ICs, announced today that it has completed the incorporation of its Argentinean development center near the National University of Cordoba. The development center doubles ClariPhy's design capabilities and accelerates development of 10-Gbit/sec mixed signal and other high-speed ICs.
"ClariPhy is built on world-class engineering talent. The team assembled in Argentina has made a significant contribution to the development of our first product, a 10-Gbit/sec physical-layer device for use on installed multimode fiber networks," said Dr. Paul Voois, president and CEO of ClariPhy. "Based on its history of execution and on the exceptional engineering talent in Cordoba, I am confident that our team there will continue to play a key role in ClariPhy's success."
Known as the Silicon Valley of Argentina, Cordoba is the site of development centers for several Fortune 500 companies. The National University, with over 100,000 students, is a relatively untapped pool for engineering talent. Additionally, Argentina has only a four-hour time difference from Pacific Daylight Time, compared with 12.5 hours for India and 15 hours for China, which the company says greatly improves overall collaboration and communication.
"Being an Argentinean native and having sponsored the establishment of ClariPhy's subsidiary, I am very pleased to formally welcome the team as ClariPhy Argentina," stated Dr. Oscar Agazzi, vice president and chief systems architect and president and CEO of ClariPhy Argentina S.A. "This is an exciting opportunity to work on some of the most advanced technologies in the communications industry. ClariPhy's commitment to establishing a world-class development center in Argentina is as progressive as the products we are delivering."