6/16/2005 - Nallatech Ltd., the high-performance computing systems experts, announced worldwide revenue growth of 80% with an increase in revenue of 120% in North America, for the financial year ended, 30 April 2005. The worldwide revenue growth is the highest year-to-year increase for Nallatech in five years. The American sales increase represents the significant inroads Nallatech, Inc., a subsidiary, is making into the North American market.
“Nallatech is proving the viability of FPGA-based high-powered computing, particularly in North America, with our record growth there over the past year.” said Allan Cantle, CEO of Nallatech. He continued, “During the past year we have booked our two largest contracts to date, together totalling approximately $3 Million. We are looking forward to continued expansion throughout 2005 and 2006 as FPGA awareness and adoption spreads.”
Nallatech develops low-risk, high-performance FPGA (Field Programmable Gate Array) computing solutions, serving demanding professional markets such as military and defence, telecommunications, imaging systems and scientific computing. With over 10 years of experience addressing complex computing problems for a broad range of companies, Nallatech has been fuelling its growth by building on strategic partnerships and new product and service offerings to move into new markets such as seismic/ geophysical, homeland security and higher education applications.
Highlights from Financial Year 2004 - 2005
During the financial year 2004, Nallatech launched a steady stream of new products, spearheaded the formation of several key industry alliances and expanded its operations significantly in the North American market. Selected highlights include:
Nallatech is the world’s leading supplier of high performance FPGA solutions. A comprehensive product range delivers the highest performance-density, maximum scalability and most complete solutions available on the market today. Nallatech offers a unique high-speed architecture, combined with support for industry standard PCI, cPCI, PC/104 and VME, along with software support for the most popular operating systems and programming languages. Nallatech provides flexible, easy to implement solutions for Data Communications, Digital Signal and Image Processing. Customers benefit from lower costs, reduced power consumption and improved performance in end markets including Telecommunications Infrastructure, Aerospace and Defence, Imaging and Scientific Computing. For more information, please visit: www.nallatech.com.
Nallatech, Boolean House, One Napier Park, Cumbernauld, Glasgow, G68 0BH, United Kingdom.
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