Cypress and BG Partners Announce Winners of Fourth Annual Profesor E.I. Tochitsky Fellowship Award | Cypress Semiconductor
Cypress and BG Partners Announce Winners of Fourth Annual Profesor E.I. Tochitsky Fellowship Award
Students from Moscow Universities Honored for PSoC® Focused Projects
San Jose, Calif., April 26, 2011- Cypress Semiconductor Corp. (Nasdaq: CY) and BG Partners today announced that teams from Moscow State University (Physics Department, Precision Sensors Labs) and from Moscow Institute of Electronics and Mathematics (Electronics and EE Department) are the winners of the fourth annual Professor E.I. Tochitsky Fellowship Award.
The winners of the fellowship were honored for their entrepreneurial designs using Cypress’s flagship PSoC® Programmable System on Chip. There are three main components of the award: an interview with Cypress concerning a potential internship; the opportunity to work with BG Partners to create a business plan for an innovative product; and a student financial award.
“We’re very happy with the large scale PSoC deployment in Russia under the leadership of Professor Alexander P.Ryjov, Managing Director of BG Partners,” said Patrick Kane, director of the Cypress University Alliance. “For example, Professor Kharitonov's group from Moscow Institute of Electronics and Mathematics has developed a series of original PSoC labs, and integrated Cypress's hardware kits and software tools into their curriculum. This is a great example of how Cypress’s University Program is expanding globally as PSoC continues to grow worldwide.”
BG Partners Group, Cypress University Alliance, and Professor E.I. Tochitsky’s family established the fellowship in 2007 to recognize and support outstanding student-professor entrepreneurial efforts. Founded in memory of Professor Eduard Ivanovich Tochitsky (1935-2007), a business and technology leader, the fellowship is open to talent from Belarus, the Middle East, Russia, Ukraine, Kazakhstan, Norway, and Singapore.
“Several of our companies use PSoC as a critical part of their product’s development,” said Dr. Victor V. Boksha, CEO & Managing Director of BG Partners. “Russia is strategically important for BG Partners as it is intensely focused on modernizing quickly, which would be impossible without the development of new digital hardware. The flexible, digital PSoC platform with analog interfaces will significantly accelerate the upgrade of our legacy systems at minimal cost. We see that now is the time to accelerate building Russian technology brands for international markets to leverage the creativity and innovation capabilities Russian people are famous for.”
SVTC Technologies also joined the fellowship in support and recognition of the innovative talent within the university technology programs. SVTC CEO Bert Bruggeman said, “A lot of opportunity exists for the continued evolution of exciting new technologies and products from Russia. We are excited to work with partners in a variety of regions within Russia and to have the opportunity to help globalize a business model that makes new technology commercialization an effective, affordable and successful venture”.
About BG Partners
BG Partners is recognized as one of the top venture capital groups focusing on the Middle East and US. It stresses the need and the potential for the next-generation of clean green-tech and medical applications based on semiconductor platforms. BG Partners is headquartered in Silicon Valley (California) and has partners world-wide.
SVTC Technologies provides development and commercialization services for innovative semiconductor process-based technologies and products, cost-effectively and in an IP-secure manner. Through facilities in San Jose, California and Austin, Texas, SVTC serves customers in rapidly growing markets such as MEMS, microfluidics, high voltage, and TSV that are used in a wide array of industries such as life science, semiconductor fabrication, aerospace and defense, consumer-mobility and clean energy. SVTC offers a suite of leading-edge equipment and services, including full-scale 8-inch and 12-inch process capabilities, advanced CMOS and non-CMOS equipment, analytical services, development support tools and commercialization services. SVTC is ISO9001, ISO 13485 and ITAR registered. SVTC's investors include Oak Hill Capital Partners, Tallwood Venture Capital and the company's management and employees. SVTC is an equal opportunity employer. More information can be found at www.svtc.com.
About the Cypress University Alliance
Cypress's University Alliance Program (www.cypress.com/cua) is a multifaceted program empowering electronics engineering and computer science students to develop the skill sets needed to perform in today's marketplace. The program mounts regional design competitions, and offers academic workshops. The university alliance website provides access to myriad free design resources, evaluation boards and online courses.
Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC® programmable system-on-chip families and derivatives such as PowerPSoC® solutions for high-voltage and LED lighting applications, CapSense® touch sensing and TrueTouch™ solutions for touchscreens. Cypress is the world leader in USB controllers, including the high-performance West Bridge® solution that enhances connectivity and performance in multimedia handsets. Cypress is also a leader in high-performance memories and programmable timing devices. Cypress serves numerous markets including consumer, mobile handsets, computation, data communications, automotive, industrial and military. Cypress trades on the Nasdaq Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.
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Cypress, the Cypress logo, PSoC, PowerPSoC, CapSense and West Bridge are registered trademarks and TrueTouch is a trademark of Cypress Semiconductor Corp. All other trademarks are property of their owners.