InformInvestGroup and Altair Semiconductor Team Up to Deliver LTE Solutions to Russia

MOSCOW and HOD HASHARON, Israel, May 14, 2012 /PRNewswire/ --

InformInvestGroup (http://www.iigroup.ru), a Russian scientific and industrial holding, and Altair Semiconductor (http://www.altair-semi.com), a world leading developer of ultra-low power, small footprint and high performance LTE chipsets, announced today the availability of user devices for the Russian market based on Altair's commercial FDD and TD-LTE chipset.

The companies had conducted extensive field trials with several carriers in Russia, achieving full interoperability and demonstrating high performance and stability.

"The excellent trial results not only prove that Altair`s chipset is suitable and ready for commercial deployment of FDD and TD-LTE systems in Russia, but also reassures telecom operators that their large investment in the spectrum can be monetized effectively," said Igor Marchenko, Vice President at InformInvestGroup.

"We look forward to working together with InformInvestGroup and with Russian Mobile Network Operators towards rolling out the first commercial products later this year," said Eran Eshed, Co-Founder and Vice President of Marketing at Altair Semiconductor. "We are rapidly expanding the global footprint of our solution and believe that Russia will be a significant market for Altair in the coming years."

Altair's FourGee™ LTE chipset is one of the few commercially sold solutions supporting both FDD and TD-LTE. The chipset supports all 3GPP Release 9 bands, and is deployed for commercial use and in trials around the world, including the US, Brazil, Germany, Poland, China, India and Japan.

About InformInvestGroup

InformInvestGroup (IIG) is a dynamic and steadily growing company based in Russia. The company was established in order to unite a number of telecommunication enterprises; to increase their operational efficiency and to provide strategic management of their growth. The key business activities of IIG are: research and development, system integration, high-tech products manufacturing, complex telecommunication solutions & turnkey construction. At the moment, InformInvestGroup incorporates more than 20 companies. The IIG team includes more than 1,500 employees; most of them are highly qualified engineers and developers with vast experience based on cooperation with major world and national manufacturers of equipment and solutions. Having firm foothold in all Russian regions and most of the CIS countries, IIG enjoys well-established partnership relations with the most advanced enterprises as well as with the largest institutional and governmental customers through our involvement in research, development and production projects. For more information please visit the company's website at http://www.iigroup.ru.  

About Altair Semiconductor

Altair Semiconductor is a world leading developer of ultra-low power, small footprint and high performance LTE semiconductors. The company's products provide device manufacturers integrating 4G LTE technology into their products with a highly power-optimized, robust and cost-effective solution. Altair`s comprehensive product portfolio includes baseband processors, multi-band RF transceivers for both FDD and TDD bands, and a range of reference hardware and product level protocol stack software. Based on a novel, proprietary Software Defined Radio (SDR) processor, codenamed "O2P™", Altair products are the smallest and most highly power optimized in the industry, offering an unmatched combination of flexibility and performance. For more information, visit the company's website at http://www.altair-semi.com. Follow Altair on Twitter: @AltairSemi

Media Contact:

Matthew Krieger
Finn Partners for Altair Semiconductor
+972-544-676-950
[email protected]

SOURCE Altair Semiconductor