SANTA CLARA, Calif.--(BUSINESS WIRE)--May 21, 2003--Transmeta
Corporation (Nasdaq:
TMTA), the leader in efficient computing, today
announced that its 1 GHz Crusoe TM5800 processor has been incorporated
in the HP Compaq Thin Client t5700. Transmeta's energy efficient
processor technology enables a high performance thin client that
operates at about twice the megahertz of competitive products, while
requiring only about half the device size.
"HP's thin client is an exceptional example of Transmeta's view of
efficient computing and shows the capability of our technology to
rapidly move into new markets," said Arthur L. Swift, senior vice
president of marketing, Transmeta Corporation. "HP, the company known
for innovation, has improved the thin client category by creating a
smaller-sized product with great performance characteristics."
With Transmeta's 1 GHz Crusoe processor and up to 512 MB of DDR
SDRAM, the HP Compaq Thin Client t5700 provides fast operation of
local applications and enables demanding requirements, such as
multimedia functionality. The t5700 also offers legacy support to fit
into any environment. The PCI slot capability gives customers a
broader selection of options than PCMCIA cards and the Microsoft(R)
Windows(R) XP Embedded operating system provides very high flexibility
for enterprise customers requiring expanded hardware and application
support.
"HP offers customers an affordable enterprise-quality thin client
solution utilizing Transmeta's efficient processor technology," said
Tad Bodeman, director, Thin Client and Software Marketing, HP Personal
Systems Group. "The HP Thin Client t5700 brings powerful, desktop-like
performance and world class manageability through reliable and
consistent products that are easy to purchase, deploy and manage in
dynamic enterprise environments."
"IDC projects solid growth in the thin client market with a
forecast of 2.1 million units for 2004 and 2.6 million units for
2005," said Bob O'Donnell, analyst, IDC. "New component technology,
including high performance microprocessors, will enable new hardware
designs to help drive this growth."
Transmeta's high-performance processors can enable thin clients
with 'front of screen perception' performance, comparable to a desktop
for enterprise applications, that IT managers require today. Because
they operate at 1 GHz, about twice that of competing products in this
space, Transmeta's processors are an exceptional option for thin
client manufacturers who want to meet enterprise customers' demanding
performance specifications.
About Transmeta Corporation
Transmeta Corporation develops and sells software-based
microprocessors and develops additional hardware, software and system
technologies that enable manufacturers to build highly efficient
computing systems characterized by low power consumption, reduced heat
dissipation and the high performance required to run standard x86
compatible programs. We originally developed our family of Crusoe
microprocessors for lightweight notebook computers and other mobile
computing devices, but we have developed and are continuing to develop
microprocessors suitable for a variety of existing and emerging end
markets in which x86 program compatibility and energy and thermal
efficiency are desirable. To learn more about Transmeta, visit
www.transmeta.com.
Note to Editors: Transmeta and Crusoe are trademarks of Transmeta
Corporation. Microsoft and Windows are U.S. registered trademarks of
Microsoft Corp. All other product or service names mentioned herein
are the trademarks of their respective owners.
Safe Harbor Statement
This release contains forward-looking statements made pursuant to
the safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Such statements speak only as of the date of this
release, and we will not necessarily provide updates of our
projections or other forward-looking statements. Investors are
cautioned that such forward-looking statements are subject to many
risks and uncertainties, and may differ materially or adversely from
our actual results or future events. Important risk factors that could
have material or adverse effects on our results include general
economic and political conditions and specific conditions and
volatility in the markets that we address, the rescheduling or
cancellation of significant customer orders, market acceptance and
adoption of our new products by our present and future customers and
end users, difficulties in developing or manufacturing new and
existing products in a timely and cost effective manner, our
dependence on third parties for sourcing materials and providing
manufacturing services, intense competition and competitive pressures,
patents and other intellectual property rights, and other risk
factors. We urge investors to review our filings with the Securities
and Exchange Commission, including our most recent reports on Forms
10-K and 10-Q, which describe these and other important risk factors
that could have an adverse effect on our results. We undertake no
obligation to revise or update publicly any forward-looking statement
for any reason.
CONTACT: Transmeta Corporation Phillip Bergman, 408/919-6818 Email Contact or Deborah A. Stapleton, 650/470-0200 (Investor Relations) Email Contact