Integrated Sensor Solutions, Inc.'s Low Power Chip Selected
10 June 1998
Integrated Sensor Solutions, Inc.'s Low Power Chip Selected for Residential Propane Gas Meters in JapanSAN JOSE, Calif., June 9 -- Integrated Sensor Solutions, Inc. "ISS" today announced that it has begun shipping its latest state-of-the-art, low power, signal conditioning Application Specific Integrated Circuit (ASIC) for incorporation in next generation residential propane gas meters. This device was developed for Nagano Keiki Co. of Tokyo, Japan, (Nagano) a leading supplier of sensor and data acquisition systems. Nagano has been selected to supply its sensor sub-assemblies to major gas meter companies in Japan. This chip represents the first of three chips being developed by ISS for next generation gas meters for residential applications. This ASIC is a low power CMOS mixed signal device with on-board EEPROM memory. It is used by Nagano in a pressure sensor to monitor the propane line pressure. The pressure sensor serves a dual role -- to monitor the line pressure and also to detect fine gas leaks. In order to accomplish both functions, the ASIC must have very wide dynamic range. The sensor exhibits a change in capacitance in proportion to the applied pressure. The ASIC converts this change in capacitance to an analog voltage, converts the analog signal into a digital signal Analog to Digital Converter (ADC), a digital signal processor for error correction and calibration, and has a digital output consisting of a pulse train. The ASIC operates from a 2.2-Volt supply and consumes only 15 micro amps of supply current, enabling the system to meet the 10-year battery life requirement. The ASIC is capable of filtering external electrical noise thus allowing the sensor to detect very low signals representing minute gas leaks. "This program represents potential sales of 10-15 million chip sets over next 3-5 years," stated Manher Naik, President and CEO of ISS. "We are continuing our penetration of the industrial market to complement our growing automotive business. Our technology has demonstrated the capabilities to stretch the limits of sensor and system performance." ISS designs, manufactures and markets high performance, intelligent sensor products that are used in electronic control systems by customers in the automotive and industrial markets. The Company's products are application specific integrated circuits ("ASICs") and integrated sensor devices ("ISDs"). The Company's initial focus on automotive applications has resulted in its products being designed into a broad range of electronic control systems such as fuel injection, tire pressure, engine control, air bag, suspension and brake systems. While continuing its efforts to further penetrate the automotive market, the Company has leveraged its technology to develop products that address high volume industrial applications including utility gas meters, refrigeration, air conditioning and process control systems. The Company's principal executive offices are located at 625 River Oaks Parkway, San Jose, California 95134, and the Company maintains manufacturing facilities in San Jose California and Dresden, Germany. The Company's telephone number is 408-324-1044, and its facsimile number is 408-324-1054. The Company maintains a web site at http://www.intellisens.com. This press release contains forward-looking statements with respect to the Company's beliefs and intentions that involve risks and uncertainties. The Company's actual results could differ materially from those discussed in such forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, fluctuations in product yields, changes in customer demands, changes in product requirements, risks associated with international operations and other risks discussed in the Company's filings with the Securities and Exchange Commission, including its Registration Statement on Form SB-2, as last amended on March 13, 1998.