SUNNYVALE, CA -- (MARKET WIRE) -- 02/28/07 -- Cradle Technologies, a fabless semiconductor company providing Multi-core DSPs (MDSPs) for video and imaging systems, and Panacom Technology Corporation, a global provider of surveillance solution equipment, today announced the production launch of a full suite of PCI cards and embedded DVRs powered by Cradle's technology.

Based on the Cradle CT3616, a high-powered scalable MDSP, Panacom's PCI DVR cards and embedded DVRs will be distributed throughout Asia and Europe. Panacom products will use Cradle's MPEG-4 codec libraries and embedded system software. Panacom will also be a high-volume board manufacturing partner for Cradle's newest 16-Channel Janus PCI DVR reference design. As a manufacturing partner, Panacom has already started the product design and development process, and expects to begin mass production in Q3 2007.

"Panacom's PCI card and embedded DVR products will provide the highest integration and channel density in the surveillance industry, reducing costs as a result," said Kutlu Aricanli, Cradle's Director of Sales. "Cradle is pleased to provide the enabling technology and cost structure through our CT3616 MDSP and MPEG-4 codec libraries to give Panacom the features and performance needed to rapidly expand their business in the surveillance industry. In addition, as a PCI DVR card manufacturing partner, Panacom will enable future Cradle customers to go to market without having to build their own hardware or software solutions."

Cradle's new Janus PCI DVR is a production ready, low-cost reference design, featuring the CT3616 MDSP. Janus can simultaneously encode up to 16 channels of video and audio using a single CT3616, while reserving headroom for intelligent video content analysis applications or playback. The fully software programmable CT3616 MDSP allows developers to customize the features and functions of the Janus design for product differentiation. Channel density, frame rate, resolution, and other parameters can be modified to accommodate video processing and analysis needs.

The Janus PCI DVR supports several video software encoders including MJPEG, MPEG-4, and H.264. Janus also supports on-the-fly changes to encoding parameters while the video encoder is actively working. As a result, the frame rate, resolution, or bitrate of each individual video channel can be immediately changed as required in response to external events, such as alarms. This can be done without the need or delay of terminating the original encoding session in order to start a second session with new encoding parameters. Now, manufacturers can quickly bring to market PCI DVR cards based on a single hardware reference design, manufactured with different stuffing options. This significantly reduces development time, cost, and complexity.

"The Cradle Janus PCI DVR reference design, utilizing the high performance CT3616 MDSP and the new multi-channel MPEG-4 libraries, has proven to be the ideal platform for our embedded DVR and PCI card products going forward," said Rudolph Lee, Panacom's President and CEO. "The flexibility and versatility of the Cradle MDSP platform will enable us to rapidly bring to market several products while adding value by incorporating advanced features such as intelligent video analysis with multi-channel capabilities."

About Cradle Technologies

Cradle is a fabless semiconductor company providing the best price/performance, most flexible, and most scalable DSP solutions for real-time multimedia applications. Cradle's Multi-core DSP architecture innovation delivers high-performance scalable DSP processing with the flexibility, time-to-market, and product differentiation benefits of processor-based programmable platforms. Coupled with a Rapid Development System and suite of application software functions, Cradle provides OEMs with all the building blocks necessary to enable flexible yet high-performance DSP designs. Cradle's corporate headquarters are located in Sunnyvale, California. For more information, visit www.cradle.com.

About Panacom Technology Corporation

Headquartered in Taiwan, Panacom Technology Corporation is a global surveillance solution company that partners with clients to support the development of innovative security and surveillance solutions and strategies. Since 1998, Panacom has provided vital electronic security products and services to residential, commercial and industrial OEM/ODM markets. Panacom designs and integrates innovative products that span: Closed circuit television (CCTV), surveillance DVR equipment, and other peripherals. For more information, visit www.panacom.com.tw.

Media Contacts:
Cain Communications
Jim Lipman
Tel: (925) 606-1370
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Cradle Technologies
Kutlu Aricanli
Tel: (408) 636-5025
Email: Email Contact