LONDON, Nov. 25, 2014 (GLOBE NEWSWIRE) -- Imagination Technologies (LSE:IMG.L) is proud to announce that its Chief Executive Officer, Sir Hossein Yassaie, is this year's winner of the NMI Contribution to Industry award 2014, announced at their annual Gala Dinner in London on November 21st. During the same ceremony, Imagination was also presented with the Semi360 award for its world-leading portfolio of IP delivering truly innovative system solutions.
The award was given by NMI in recognition of Sir Hossein's services and contributions to the UK semiconductor and electronics industry. The NMI represents the electronic systems, microelectronics and semiconductor communities across the UK, working closely with companies, Government and academia to develop and promote future technologies, create valuable partnerships and strengthen the UK electronics systems global competitiveness.
Sir Hossein says: "I am deeply honoured to receive such a prestigious award. The NMI is one of the major driving forces behind the semiconductor and electronics industry in the UK. We share a passion for promoting activities in the UK's vibrant electronics industry that deliver real and tangible results, which is why I am pleased to invest my time to help its growth and future success. I believe the UK is one of the most dynamic, skilled and innovative electronics communities in the world, so I am delighted to be recognised by the NMI in this way."
Derek Boyd, CEO of NMI said: "This award is given each year to someone who has made exceptional personal efforts over a sustained period of time to support the endeavours of the UK electronics industry. Sir Hossein Yassaie epitomises that; not only is he a highly regarded CEO and serving on several commercial boards, he still finds time to share his vast knowledge and expertise with key industry bodies including the ESCO Council and NMI. We are privileged to have someone of Sir Hossein's calibre serving on our board, providing insight and leadership on the priority issues for us and the UK's diverse electronics communities. Congratulations Sir Hossein, you are a leader we all respect and admire, and a truly worthy recipient of the NMI's 2014 Contribution to Industry award."
A world-leading portfolio of IP and brands
During the same ceremony, Imagination was presented with the Cadence-sponsored Semi360 award, which recognises an organisation that is evolving with the times and demonstrates a world-leading electronic system solution by delivering a "More than a chip" product or solution.
Continues Sir Hossein: "Over the past decade Imagination has built a comprehensive, industry-leading portfolio of hardware and software IP together with innovative consumer-facing brands such as Pure. This strategy has put us in a unique position within the semiconductor industry and gives us the insights necessary to create the technologies that will shape the future of society through such diverse products as phones, computers, cars, networking, enterprise, IoT and much more."
A not-for-profit organisation funded by its members, NMI is the home for a membership that spans the supply chain and includes Electronic Systems Design and Manufacturing Companies, Integrated Device Manufacturers, Fabless Semiconductor Manufacturers, Semiconductor Foundries, Semiconductor Suppliers, Electronic Design Services, Intellectual Property Providers, Research & Academic Institutions, National and Regional Government Agencies. NMI is the trading name of the National Microelectronics Institute - see more at www.nmi.org.uk
About Imagination Technologies
Imagination is a global technology leader whose products touch the lives of billions of people across the globe. The company's broad range of silicon IP (intellectual property) includes the key processing blocks needed to create the SoCs (Systems on Chips) that power all mobile, consumer and embedded electronics. Its unique software IP, infrastructure technologies and system solutions enable its customers get to market quickly with complete and highly differentiated SoC platforms. Imagination's licensees include many of the world's leading semiconductor manufacturers, network operators and OEMs/ODMs who are creating some of the world's most iconic products. See: www.imgtec.com.
Imagination is also well known in the UK and other countries for its Pure brand of innovative connected audio and digital radio products. See: www.pure.com
Imagination Technologies and the Imagination Technologies logo are trademarks of Imagination Technologies Limited and/or its affiliated group companies in the United Kingdom and/or other countries. All other logos, products, trademarks and registered trademarks are the property of their respective owners.