TUALATIN, Ore. — September 20, 2012 — CUI Inc, a subsidiary of CUI Global, Inc. (NASDAQ: CUI), has entered into a license agreement with Ericsson, the world’s leading provider of technology and services to telecom operators, for their 32-bit processor-based FRIDA II 3E digital Advanced Bus Converter (ABC) family, including the newly released BMR456 quarter brick and BMR457 eighth brick series. The license agreement will enable original equipment makers (OEMs) to address interoperability challenges, reduce time to market, and decrease supply chain risk for these leading-edge digital products. The Advanced Bus Converter family is intended to provide unprecedented performance to system architects developing equipment for ICT (Information and Communication Technology) applications that require a small footprint, fast response time, tightly regulated intermediate bus voltages and high efficiency at any point of operation to reduce power consumption.
“We are excited to add the Frida II products to our Novum® Advanced Power portfolio,” stated Matt McKenzie, President of CUI Inc. “This license agreement will allow CUI to offer our customers an intelligent intermediate bus (IBC) solution to pair with our existing portfolio of digital Point-of-Load products.”
“The expansion into IBC was a logical next step in our relationship with Ericsson Power. We are both driving to offer our customers the most advanced digitally controlled products on the market,” McKenzie concluded.
Along with the formal license agreement, CUI and Ericsson announced an expansion of their multi-source power platform cooperation to include a common standard for digital intermediate bus converters on their respective product roadmaps moving forward. This expansion adds to the existing initiative between the two companies to develop and market multi-source, digital Point-of-Load power solutions that are based on the Ericsson footprints and designs. The expanded cooperation provides CUI with a foundation to develop future intermediate bus designs that will incorporate Ericsson’s footprint for digital communication established in their Advanced Bus Converter family.
