Pixelplus Unveils Its PM1002 as A Practical Biometric Solution for Iris, Facial and...

Pixelplus Unveils Its PM1002 as A Practical Biometric Solution for Iris,
Facial and Fingerprint Recognition

SEOUL, South Korea, Jan. 8 /PRNewswire-FirstCall/ -- Pixelplus Co., Ltd.
(Nasdaq: PXPL), a fabless semiconductor company in Korea that designs,
develops, and markets CMOS image sensors for various consumer electronics
applications, today announced that it unveiled the "PM1002", the Company's new
'System-On-A-Chip' ("SoC") processor for various image recognition
applications.
The PM1002 integrates a 32-bit RISC microprocessor and on-chip memories to
enhance image recognition algorithms. Pixelplus believes the PM1002 provides
cost-efficiency and reliable performance for image recognition SoC solutions
and expects that the highly customized SoC chip will allow the PM1002 to
become a practical biometric solution with respect to iris, facial and
fingerprint recognition for mobile and non-mobile security applications due to
the small form-factor, high performance and low power consumption exhibited in
the SoC chip.
"The Company's PM1002 SoC chip, combined with our image signal processing
technology and CMOS image sensors based on PlusPixel2(TM) technology, will
enable us to become the total solutions provider for image recognition
applications," said Dr. S.K. Lee, CEO of Pixelplus. "The Company's 'total
solutions' consisting of the 32-bit RISC microprocessor embedded in the
PM1002, which represents the main core for applications software, and also
consisting of hard-wired engines to accelerate the performance of image
recognition algorithm processing as well as comprising of our software
development kit, which includes API, driver, firmware and high quality CIS
tuning-related support based on our PlusPixel2(TM) technology, will enable
image applications system engineers to increase efficiencies and performance
and reduce development time."
Pixelplus considers the PM1002 to be one of the Company's most exciting
new technologies, and seeks to apply its SoC technology to a broad spectrum of
image recognition applications, including mobile device, security, automotive
and biometric applications, which embrace iris, facial and fingerprint
recognition applications, as well as toys, medical, automotive security
system, and general security and surveillance system applications. While
Pixelplus seeks to apply its SoC Chip technology to a broad spectrum of image
recognition applications, the Company is also currently pursuing separate
joint development projects with several firms which specialize in new mobile
and non-mobile security applications, which include OCR and biometric
applications.
About Pixelplus Co., Ltd.
Pixelplus is a South Korea-based developer of high-performance, high-
resolution, and cost-effective CMOS image sensors for use primarily in mobile
camera phones. In addition to mobile phones, Pixelplus provides CMOS image
sensors and SoC solutions for use in webcams and notebook embedded cameras,
toys and games, and security and surveillance system applications.
As a fabless semiconductor company, Pixelplus is focused on creating
proprietary design technologies to develop CMOS image sensors with sharp,
colorful and enhanced image quality, size efficiency, and low power
consumption.
Forward Looking Statement
This press release contains certain statements that are not historical in
nature but are "forward-looking statements" within the meaning of the "safe-
harbor" provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements generally can be identified by the use of forward-
looking terminology, such as "may," "will," "expect," "intend," "estimate,"
"anticipate," "believe," "project," or "continue" or the negative of such
words or other similar words. Pixelplus cautions readers that forward-looking
statements are based on the Company's current expectations, estimates and
assumptions about our company and our industry, and are subject to a number of
risks and uncertainties. Actual results may differ materially from those
contained in such forward-looking statements. Investors are directed to
Pixelplus' reports and documents filed from time to time with the U.S.
Securities and Exchange Commission for a description of various factors that
should be considered before investing in Pixelplus' securities. These factors
may cause Pixelplus' results to differ materially from the forward-looking
statements made in this release. The forward-looking statements speak only as
of the date of this press release and Pixelplus assumes no duty or obligation
to update them to reflect new, changing, or unanticipated events or
circumstances.
Contact:
Shane Y. Hong
Pixelplus Co., Ltd.
6th Floor, Gyeonggi R&DB Center
906-5 Iui-dong, Yeongtong-gu
Suwon-si, Gyeonggi-do, 443-766
Republic of Korea
+82-31-888-5300

OR

Taylor Rafferty:
London - Emilia Whitbread at +44 (0) 20 7614 2900
New York - Allon Bloch at +1 212 889 4350
Tokyo - Jason Wagers at +81 (0) 3 3221 9513
Email pixelplus@taylor-rafferty.com

SOURCE Pixelplus Co., Ltd.

Shane Y. Hong of Pixelplus Co., Ltd., +82-31-888-5300; or London, Emilia
Whitbread, +44-20-7614-2900, or New York, Allon Bloch, +1-212-889-4350, or
Tokyo, Jason Wagers, +81-3-3221-9513, all of Taylor Rafferty,
pixelplus@taylor-rafferty.com