Company CEO Demonstrates Quellan's Growth Potential at Leading Financial Conference
NEW YORK, Needham & Co. Growth Stock Conference, Jan. 9 /Xinhua-PRNewswire/ -- Quellan, a leader in analog noise cancellation devices, today showcased its revolutionary technology and confirmed once again the company's vast potential for financial growth.
Quellan's adaptive Noise Cancellation Chips are a subset of the ever expanding Analog IC market, expected to grow to $46.9B in 2007. Quellan's served market is expected to exceed $3B, and consist of applications in Data Centers, cell phones, consumer electronics, and automotive segments. The benefits in these applications include fewer dropped calls, instant GPS location locks in high density urban areas and continuous video capability for high quality mobile TV.
"Quellan's noise cancellation is an enabling technology for adding wireless capability to high density, small mobile systems," said Robert Dobkin, CTO of Linear Technology Corporation. "Today's mobile systems have fast digital processors that step on low level wireless signals, diminishing performance or even rendering mobile operation unusable. Quellan's noise cancellation technology can get the signal back."
iSuppli forecasts the Analog IC market will see accelerated growth this year with revenue amounting to $46.9 billion in 2007, up 11.2 percent from $42.3 billion last year.
"A lot of people are going to kick themselves because this is a simplistic low-cost solution," said Charlie Glavin, an analyst at Needham and Co.
Quellan's Noise Cancellers operate similar to Noise Canceling Headphones, but at one million times higher frequency -- in the radio frequency spectrum. The devices are embodied in tiny, ultra-low power CMOS silicon, yielding tens of thousands of devices on a single silicon wafer, making them very inexpensive and embeddable in any consumer device.
"Noise is one of the main performance limiters for leading consumer electronic products, especially within digital wireless devices," said Bill Byun, Partner of Samsung Ventures America. "Quellan has a unique solution to this problem that triggered our investment."
"We are delighted to be invited to such a prestigious investment conference and look forward to accelerating our growth ramp this year," said Quellan CEO Tony Stelliga.
About Quellan
Quellan specializes in analog components that improve the performance and functionality of electronic equipment by removing channel impairments and noise. Quellan serves the Enterprise, Telecom, Broadcast, Automotive and Consumer Electronics markets. For more information visit http://www.quellan.com or email: pressrelations@quellan.com .
