TimeSys Reaches Key Corporate and Marketplace Milestones in First Quarter of 2002

3/11/2002 - The first quarter of 2002 represented the most successful and active period in TimeSys' history and sets the stage for more changes in the industry during the months ahead. The company increased the amount of invested outside capital with a new round of funding from institutional venture firms and strategic partners. TimeSys' embedded Linux solution has been enhanced to support some of the leading embedded processor architectures, and the company entered into an OEM partnership with one of the leading embedded systems providers in February.

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