Samsung Honors Altera With Most Valued Partner of the Year Award

Samsung Honors Altera With Most Valued Partner of the Year Award

SAN JOSE, Calif., Dec. 21 /PRNewswire-FirstCall/ -- Altera Corporation (NASDAQ:ALTR) today announced it has been selected by Samsung Electronics as "Most Valued Partner of the Year" for 2004. The award recognizes Altera for its FPGA technology leadership and the critical role it plays in supporting Samsung's wireless basestation development.

Samsung uses Altera's Nios(R) soft-core processor embedded on a Stratix(R) FPGA in their existing and next-generation wireless basestations. Among other functions, Samsung uses Altera technology to drive serialized backplane interfacing, digital functions on the radio front end, and some of the baseband processing functions.

"Receiving this award from one of the world's top electronics manufacturers demonstrates Altera's commitment to building and maintaining close working partnerships with our customers," said John Daane, Altera's president and CEO. "Altera places a high value on understanding the needs of our customers so that we can build, deliver, and support innovative products that help make companies like Samsung more competitive."

"Altera is a long-time supplier and close partner to Samsung and provides strong support for our wireless basestation business with their high-performance Stratix series of FPGAs," said Ki-Tae Lee, president and CEO of Telecommunication Network Business, Samsung Electronics. "This year, Altera exhibited outstanding supplier support both in terms of providing innovative products and helping Samsung achieve its objectives of high quality, cost-competitive sourcing, and supply stability."

Samsung presents the "Most Valued Partner" award to those suppliers who meet a wide range of performance criteria. Candidates are evaluated on total cost of ownership (TCO), quality metrics; ability to meet scheduled system shipments; and overall technical performance. A major consideration included Altera's ability to work collaboratively with Samsung.

About Samsung Electronics

Samsung Electronics Co. Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2003 parent company sales of $36.4 billion and net income of $5.0 billion. Employing approximately 88,000 people in 89 offices in 46 countries, the company consists of six main business units: Corporate Technology Operations, Digital Appliance Business, Digital Media Business, LCD Business, Semiconductor Business and Telecommunication Network Business. Recognized as one of the fastest growing global brands, Samsung Electronics is the world's largest producer of color monitors, color TVs, memory chips, and TFT-LCDs. For more information, visit www.samsung.com.

About Altera

Altera Corporation is the world's pioneer in system-on-a-programmable-chip (SOPC) solutions. Combining programmable logic technology with software tools, intellectual property, and technical services, Altera provides high-value programmable solutions to approximately 14,000 customers worldwide. More information is available at www.altera.com.

NOTE: Altera, The Programmable Solutions Company, the stylized Altera logo, specific device designations and all other words that are identified as trademarks and/or service marks are, unless noted otherwise, the trademarks and service marks of Altera Corporation in the U.S. and other countries. All other product or service names are the property of their respective holder.

Editor Contact:
Bruce Fienberg
Altera Corporation
408-544-6397
newsroom@altera.com


Source: Altera Corporation

CONTACT: Bruce Fienberg of Altera Corporation, +1-408-544-6397, or
newsroom@altera.com

Web site: http://www.altera.com/


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