Metalink Ltd (MTLK)

[midastouch017]

Metalink wins first order for its new chipset
The company has also signed distribution agreements in Europe and Japan.
Shiri Habib 16 Jul 07 17:13
Metalink Ltd. (Nasdaq: MTLK;TASE: MTLK) has received the first production order for its second-generation 802.11n-compatible WLANPlus chipset. This $200,000 initial production order was submitted by a major Original Design Manufacturer (ODM) for delivery within the next three months.
In separate developments Metalink has reached distribution agreements in Europe and Japan. The company has appointed UR Holding SpA (DAX:URH), a European sales organization for high-tech electronic components and subassemblies for embedded system solutions, as its authorized distributor. The company has also appointed Brilliant Technologies Company, a division company of Macnica Inc. (TSE:76310), one Japan’s largest semiconductor distributors, as its representative in the region. Both UR Holding and Brilliant Technologies will offer Metalink's new 802.11n-compliant chipset family to major OEMs and manufacturers in their respective regions.


Last month, the Metalink won Wi-Fi Alliance certification for its WLANPlus chipset.

Published by Globes [online], Israel business news - www.globes.co.il - on July 16, 2007