
Insyde Software Announces Investment by CDB and Intel
Investment to support development of system software for mobile computers
Taipei, Taiwan - October 12, 1999 -Insyde™ Software, a Taiwan, R.O.C.-based provider of critical software technologies for mobile computer and internet appliance manufacturers, announced today that it has received financing from China Development Industrial Bank (CDB) and Intel Pacific, Inc.
The investment is intended to accelerate Insyde Software's development of system-level software and BIOS for mobile computers and Internet appliances. Founded in September 1998, Insyde Software designs, develops, and markets system BIOS, power management, keyboard/embedded controller firmware and development tools. Insyde Software has an international engineering organization that assists PC manufacturers in customizing these products to their unique specifications.
"We are very pleased to have received investments from CDB and Intel," said Jonathan Joseph, president and CEO, Insyde Software. "We are seeing more and more leading companies worldwide using notebooks as the standard client computer. Taiwan's OEMs are preparing to capitalize on this trend to try and take the lead in the design and manufacture of Internet-enabled notebooks. Insyde Software's mature BIOS and excellent engineering support will help them in their efforts to quickly bring no-compromise computers to the global market."
"Intel invests in companies that can help OEM manufacturers bring platform enhancements to market more rapidly," said David Dan, Country Manager, Intel Taiwan. "Our investment in Insyde Software supports our strategy of investing in companies that help manufacturers to quickly deploy the latest Intel technologies for Internet-based mobile computing."
China Development Industrial Bank (CDB), Taiwan's largest investment company, invested in Insyde Software to enhance its position in the high-growth mobile PC and internet appliance markets. Additional information about CDB is available at http://www.cdibank.com/.
About Insyde Software
Insyde Software is a leading provider of system-level software and development tools for Internet appliance and mobile computer manufacturers. Insyde Software's products include system BIOS, keyboard controller firmware, power management firmware and applications as well as system-level software development tools designed to reduce the time and cost of bringing new systems to market. Founded in 1998, Insyde Software has offices in Taipei, Taiwan and Westborough, Massachusetts and is represented with sales and engineering partners in Japan, Korea and Europe. Insyde Software is a privately held company that includes investment from China Development Industrial Bank, Intel Pacific Inc., PCT Limited, and company management and employees.
More information on Insyde Software's products and services is available on the World Wide Web at http://www.insydesw.com and http://www.insydesw.com.tw.
For more information, contact:
Insyde Software - USA
Joseph L'Italien
Vice President
508.366.7800
getinfo@insydetech.com
Insyde Software - Taiwan
Aven Chuang
Director of Marketing
02-2506-1289 x501
aven.chuang@insydesw.com.tw
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