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Luminary Micro is proud to be presented with the 2008 Global Frost & Sullivan Entrepreneurial Company Award. This award is presented to a small company that demonstrates superior entrepreneurial ability in its industry during the research period. The Award signifies the company's identification of a unique and revolutionary product solution with significant market potential. Additionally, the Award certifies that the company's marketing strategy is sound and poised for success.

The Luminary Micro management team gathered to accept the award at a ceremony held in conjunction with the Embedded Systems Conference on April 15, 2008 in San Jose, California.

Explaining the reasons for choosing Luminary Micro for this award, Frost & Sullivan Research Analyst Jayalakshmi Janakiraman said, "With the Cortex-M3 technology and a few strategic engineering decisions, Luminary Micro offers microcontrollers with 32-bit performance at price points that fit squarely in the 8-bit microcontroller segment. The company's Stellaris product line has an entry-level pricing of $1, which is a first for microcontrollers based on ARM architecture, and is targeted toward industrial control and embedded applications."

"As the first company to introduce Cortex-M3 based microcontrollers to the market, Luminary Micro has an initial time-to-market advantage over other licensees," notes Janakiraman. "The company differentiates itself with the technology that it integrates with the microcontroller core, providing significant advantages to customers in the energy, connectivity, and security segments."