Resonant, Inc (RESN)

[tykundegex]

NEWS: TIER ONE SUPPLIER IN THE RFFE SUPPLY CHAIN BECOMES FOUNDING MEMBER OF FOUNDRY PROGRAM

GOLETA, CA -- (Marketwired) -- 09/05/17 -- Resonant Inc. (NASDAQ: RESN), a designer of filters for radio frequency, or RF, front-ends that specializes in delivering designs for difficult bands and complex requirements, today announced that it has signed an ISN Foundry Engagement Agreement with a Tier One component vendor and SAW foundry.

The new agreement extends Resonant's solutions platform to include the vendor's capabilities for backend and packaging, including chip scale packaging (CSP) for discrete models, as well as wafer level packaging (WLP) for use in modules. The agreement leverages Resonant's Infinite Synthesized Network® (ISN®) Foundry Program, whose eco-system includes non-captive SAW foundries, as well as backend and packaging partners, enabling the first fabless SAW model that provides an alternative, stable, and secure supply chain for the emerging module market.

"We continue to de-risk our go-to-market strategy by providing alternatives in the mobile supply chain. This agreement with a leading foundry, who is also qualified at tier one vendors, helps extend our fabless filter model eco-system and offers yet another choice to our fabless model customers," said George Holmes, CEO of Resonant. "Working jointly with key partners who are already engaged in supporting the massive filter market will provide yet another significant competitive advantage to our customers."

ref: http://ir.resonant.com/press-releases/detail/271/resonant-signs-first-isn-foundry-engagement-agreement