Integrated Sensor Solutions, Inc. Begins Shipments of ASIC
24 June 1998
Integrated Sensor Solutions, Inc. Begins Shipments of ASIC for Gasoline Direct Injection EnginesSAN JOSE, Calif., June 24 -- Integrated Sensor Solutions, Inc. ("ISS") today announced that it has begun production shipments of its SCA2095 Application Specific Integrated Circuit ("ASIC") to Nagano Keiki Co., Ltd., ("Nagano") of Tokyo, Japan. The SCA2095 is used by Nagano in a pressure sensor for Gasoline Direct Injection ("GDI") engines produced by Mitsubishi Motors. GDI engines are becoming increasingly popular among car makers and are expected to lead to significant growth opportunities. GDI engines provide the benefits of improved fuel economy and reduced CO2 emissions. In addition to Mitsubishi, a number of other engine manufacturers, including Toyota, are developing GDI engines. "This program represents potential sales of 3-5 million units per year," stated Manher Naik, President and CEO of ISS. "The strong combination of ISS's mixed signal ASIC technology with leading-edge sensor technology from our partner Nagano Keiki forms an enabling technology for new automotive systems such as GDI engines." The SCA2095 is a single chip signal conditioning ASIC for use with resistive bridge sensors. The SCA2095 integrates into a single chip a number of signal conditioning functions that have previously been implemented with larger and more costly discrete solutions, hybrid technologies and laser trimming methods commonly used in the industry for sensor calibration and signal conditioning. A key to the SCA2095's cost-effectiveness and accuracy is its use of electronic trimming for sensor calibration replacing the more costly laser trimming method. Electronic trimming allows calibration to be done digitally using a computer-controlled automated test system. Because calibration is done using software, electronic trimming not only allows for greater accuracy levels to be achieved, but also requires less capital outlay for equipment and labor, thereby reducing manufacturing costs. The electronic trimming is used to perform a fine adjustment of the sensor gain and offset so that the output signal can be corrected for sensitivity and zero errors and for differences from sensor to sensor. The SCA2095 also comes equipped with a built-in temperature sensor for correcting the sensor output over its operating temperature range and offers diagnostic features such as an on-chip alarm function, which alerts the user to electrical connection problems within the sensor. 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.