Altair Semiconductor Selected as Finalist for Best of WiMAX World 2008 Awards

HOD HASHARON, Israel, Sept. 17 /PRNewswire/ -- xchange magazine announced today that Altair Semiconductor, a fabless chip company developing the world's most advanced 4G mobile semiconductors for handheld devices, has been selected as a finalist to receive the Best of WiMAX World 2008 Award for the ALT2150 mobile WiMAX baseband processor in the "Chip Design" category and as a finalist to receive the Best of WiMAX World 2008 Industry Choice Award. The ATL2150 has been selected due to its small size, exceptional power-efficiency, flexibility and cost effectiveness.

The annual awards recognize leaders in the development and deployment of WiMAX technologies. Nominations were open to exhibitors, sponsors and speakers at the WiMAX World Conference World & Expo, which will be held Sept. 30 to Oct. 2 in Chicago, and selected by a judging panel of experts from the WiMAX community.

"The ALT2150's recognition by xchange for these prestigious awards is a tremendous validation of our technology and of the chip's size and power efficiency," said Eran Eshed, Co-founder and VP of Marketing and Business Development for Altair. "Altair is joined by the WiMAX industry's elite in these nominations and we anticipate a great show at WiMAX World in Chicago."

Altair is one of three finalists for the Chip Design award and one of 15 finalists for the Industry Choice Awards. The awards will be presented Oct. 1 at a ceremony following the close of the WiMAX World exhibition floor. All winners and their awards will be featured in the December issue of xchange, as well as on the WiMAX World and exchange Web sites.

"xchange congratulates Altair for being a finalist in this category," said Mike Saxby, group publisher of xchange. "The nominees for these awards are among the best and brightest in the field, showcasing the rapid advancement of WiMAX technology."

The Best of WiMAX World Award winners and Industry Choice Award nominees were selected by an independent judging panel that consisted of Craig Mathias, principal, Farpoint Group; Will Strauss, principal analyst, Forward Concepts; Adlane Fellah, CEO and founder, Maravedis Inc.; Caroline Gabriel, lead research analyst, Rethink Research; Philip Marshall, vice president of enabling technologies, Yankee Group; and representatives from xchange and Trendsmedia.

Delegates to the WiMAX World 2008 conference will vote for the Industry Choice Award winner.

About Altair Semiconductor

Altair is the world's leading developer of ultra-low power, small footprint and high performance 4G semiconductors that take broadband bandwidth beyond notebooks and USB adaptors to un-tethered, battery-operated handheld devices. The company's products provide handheld device manufacturers, integrating 4G technologies into their products with a highly power-optimized, robust and cost-effective solution. Altair is privately held and has raised a total of $26M in two rounds of financing.

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