ISi Receives Distinguished Technology Pioneer 2008 Award by World Economic Forum
News Release from:
Innovative Silicon Inc
29 November 2007
Innovative Silicon Inc. (ISi) ), the developer of Z-RAM high-density memory intellectual property (IP), today announced that the World Economic Forum (The Forum) selected ISi as a Technology Pioneer 2008. The company is one of 39 visionary companies that were named Technology Pioneers. The Technology Pioneers 2008 were nominated by the world's leading technology experts, including venture capitalists, technology companies, academics and media. The final selection from 273 nominees was made by a panel of leading technology experts appointed by the World Economic Forum. Technology Pioneers 2008 are invited to participate in the World Economic Forum Annual Meeting 2008 that will be held in Davos, Switzerland, from 23-27 January and in the Annual Meeting of the New Champions that will be held in Tianjin, People's Republic of China from 25-27 September 2008.
ISi, headed by CEO Mark-Eric Jones, and CTO, Chairman, and co-founder Pierre Fazan, is a fast-growing, venture-backed company that develops and licenses Z-RAM - the world’s densest, and therefore lowest-cost memory technology. Z-RAM has been the recipient of numerous industry awards because it is the ideal memory for both stand-alone DRAM memory as well as on-chip embedded memory on microprocessors and other semiconductor devices. With the simplicity and elegance of a true single-transistor memory cell, Z-RAM provides unmatched cost, performance, and manufacturing advantages over all other memory technologies. Perhaps even more important, the Z-RAM technology can lower the electrical power consumed by semiconductor devices by 25-50 percent – a material reduction when even a small data center consumes tens of thousands of watts of power.
“We are extremely honored to be the only semiconductor company to receive the Technology Pioneer award this year,” said ISi president and CEO Mark-Eric Jones. “The Technology Pioneer award is a reflection of the hard work and industry-leading expertise of the entire ISi team that worked together to develop our award-winning Z-RAM technology. As a 2008 Technology Pioneer recipient, ISi will continue to push toward the goal of offering the world’s lowest-cost, highest-performance memory offering in the market.”
Technology Pioneers are companies that have been identified as developing and applying highly transformational and innovative technologies in the areas of energy, biotechnology and health, and information technology. To be selected as a Technology Pioneer, a company must be involved in the development of life-changing technology innovation and have the potential for long-term impact on business and society. In addition, it must demonstrate visionary leadership, show all the signs of being a long-standing market leader – and its technology must be proven. Previous Technology Pioneers have included Business Objects, Cambridge Silicon Radio, Corel Corporation, Encore Software, Google, Mozilla Corporation and Napster.
The companies’ products and services include identity management on the Internet, understanding of individuals’ genetic information, robotic radiosurgery, pollution control materials, low-cost remote diagnosis solutions, virtual interface technologies, wiki-based projects and next-generation business intelligence solutions.
Twenty-three of the Technology Pioneers 2008 are US-based companies. Israel and the United Kingdom each boast three; Sweden and Switzerland two each; Canada, France, Germany, India, the Netherlands and Russia, one each. Technology Pioneers are nominated in three main categories: Energy/Environment, Biotechnology/Health and Information Technology.