Expansion on the cards at Elonics after new investment
01 July 2008

Elonics, the CMOS RF tuner company, is to expand its team in Livingston after securing an additional 1 million USD of Series A, second close finance. This follows successful completion of a 4 million USD initial Series A funding package in February this year, making a Series A total of 5 million USD.

Elonics is a pioneer in the development of radio frequency (RF) products in CMOS. Founded in 2003, the team’s focus is on using its disruptive technology to deliver world-beating products to its customers. The company’s strategy is to become a fully fledged fabless semiconductor company selling its products to consumer electronics companies around the globe. The company intends to add additional staff to bolster its backend activities including application engineering, production test development and production planning. In addition, Elonics seeks to reinforce its design team with
more high level skills in RF semiconductor design.

Elonics CEO David Srodzinski said, “The additional funding has allowed us to accelerate the expansion of our team and ensure that the fundamental business foundations are in place to grow our business into a global force in the RF CMOS tuner market. These jobs offer a great opportunity to participate in the development of a world-class company, and to work on products which are at the leading edge of what is technically feasible today.”

The jobs will be based at Elonics headquarters in Livingston, Scotland, which has excellent links to the rest of Scotland including its main cities of Edinburgh and Glasgow.

About Elonics - “Wireless Silicon for a Digital Age”
Elonics Ltd. is a fabless mixed-signal semiconductor company specialising in the design and development of multi-band radio frequency (RF) IC products. Founded in 2003 and based in Livingston, United Kingdom, Elonics has developed an innovative radio frequency architecture called DigitalTune™ that is the foundation for a family of re-configurable CMOS RF front end products.

Elonics innovative technology allows manufacturers to design high performance multi-band radio transceivers with unrivalled power consumption and low system cost. Elonics products are targeted at high volume portable consumer electronics applications that require wireless multi-media connectivity where size, performance, price and power consumption are paramount. Elonics’ first product family is the E4000 series of silicon tuner solutions targeted at the reception of multi-standard digital TV and radio including DVB-T, ISDB-T, T-DMB, DVB-H, ISDB-H, DMB-T,
DAB and FM radio.

About DigitalTune™
Elonics DigitalTuneTM is a patent pending radio frequency architecture that enables the design of multi-band RF front ends using a single monolithic CMOS IC. The digitally programmable multiband architecture is used in the E4000 tuner family to cover the complete spectrum from VHF 2 to L Band (64MHz to 1.70GHz) for mobile broadcast applications. DigitalTune™ is a universal architecture, and is capable of supporting other RF applications where re-configuration is highly desirable.

The direct conversion zero IF architecture is designed to save power and lower system cost. It eliminates the requirement for expensive and bulky external components such as SAW filters and RF baluns, yet offers extremely high performance. Elonics innovative DigitalTune™ architecture enables manufacturers to significantly improve upon today’s solutions offering support for multiple standards with a common re-configurable RF front end.