Friday, January 12, 2007

Simtek gets inventive

Colorado Springs-based Simtek Corp. said Thursday it has filed for 10 new patents on its chip design and technology, its first new patent applications filed in nearly five years.

"We are excited to have initiated this significant expansion to our intellectual property platform, the result of a focused effort by the entire global Simtek engineering team," said David Still, the company's vice president of engineering. "Protecting and increasing our proprietary technologies are important objectives for us as we expand into markets and advance our product portfolio."

The announcements comes a day after the company's stock moved onto the Nasdaq Stock Market. Since the patent applications were announced, the company's stock rose 26 cents to $5.95.

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