CSR's Success Results in Move to Bigger Headquarters

11/5/2004 - CSR (LSE: CSR.L) has announced that the company has outgrown its current Cambridge Science Park site and has moved its UK headquarters to the much larger Churchill House, on the neighbouring Cambridge Business Park. At 53,000 square feet, Churchill House is twice the size of CSR’s existing facilities, a move that is testament to the success of the company in the Bluetooth market.

Earlier this year with staff numbering around 200, CSR announced its plans to expand its workforce, especially in its design team – a team that has given the company its competitive edge. As of today, CSR employs 300 people, 200 of whom are based in Cambridge. The company is still recruiting and expects to number 314 by the end of 2004. CSR also currently has offices in Denmark, USA, Japan, Taiwan and Korea.

CSR established itself in the Cambridge Science Park in 1999 after founders Phil O’Donovan, Glenn Collinson and James Collier split from Cambridge Consultants to set up CSR. Since that time, the company has occupied ever-increasing space on the Science Park culminating in the move to this new larger property on the Cambridge Business Park. Churchill House is a property that will accommodate CSR’s growing headcount and will also serve the company’s need for improved facilities. CSR’s expansion is a result of its dominance in the Bluetooth silicon market in which the company’s BlueCore product holds a market share in excess of 60 percent, in terms of designs.

In addition to raw space, Churchill House enables increased RF design laboratory resource and enhanced customer testing and training facilities as well as extending meeting rooms, visitor space and staff leisure facilities.

Phil O’Donovan, co-founder and commercial director, CSR commented, "Our sustained and unprecedented growth especially over the past 6 to 12 months, has made this move essential. We have simply outgrown our Science Park offices”. O’Donovan added, “The move to Churchill House will give us the space we need to expand all of our development and marketing teams to facilitate the expansion of our Bluetooth development, as well as development of other non-Bluetooth technologies.”

Company’s new address:

Churchill House
Cambridge Business Park
Cowley Road

All company phone numbers and other contact details remain unchanged.

About CSR
CSR PLC (LSE: CSR.L) is a leading provider of single-chip radio devices for Bluetooth wireless communication. CSR offers developed hardware/software packages based around BlueCore, a fully integrated 2.4 GHz radio, baseband and microcontroller. BlueCore features in 60 percent of all Bluetooth qualified end products and modules with international names such as Nokia, Dell, Panasonic, Audi, NEC, Toshiba and Sony already using BlueCore in their range of Bluetooth products.

In June 2003, CSR launched the third generation BlueCore devices with full support for v1.2 of the Bluetooth specification. In February 2004, CSR floated on the London Stock Exchange in the largest UK technology floatation in three years. CSR was the first company to launch Bluetooth enhanced data rate silicon when, in June 2004, CSR launched BlueCore4.

CSR is headquartered in Cambridge, UK, with offices in Richardson, Texas, USA; Tokyo, Japan; Seoul, Korea; Taipei, Taiwan and Aalborg, Denmark.

More information can be found at www.csr.com and the partner web site www.btdesigner.com
More information about Bluetooth can be found on the SIG web site at www.bluetooth.com

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