Spansion Licenses CryptoFlash

SUNNYVALE, Calif. -- Spansion Inc. (NASDAQ:SPSN), the world's largest pure play provider of Flash memory solutions, today announced it has licensed the Discretix CryptoFlash(tm) security technology to enable secure Flash memory solutions. This marks the third agreement Spansion has recently inked to create innovative solutions that add security capabilities to the company's MirrorBit(tm) Flash memory for future products.

"Spansion's ability to add more security features to our products demonstrates our commitment to deliver customers added value in Flash memory solutions," said George Minassian, vice president of strategic planning and systems engineering, Wireless Solutions Division, Spansion. "The combination of Discretix's advanced security technology and cryptographic services with Spansion's scalable MirrorBit technology, system integration capabilities and security expertise, will create more secure memory solutions to meet a range of customer requirements in the wireless market."

The agreement with Discretix, in combination with Spansion's scalable MirrorBit technology, provides the building blocks to address the growing need for improved handset security. Spansion plans to leverage Discretix's CryptoFlash security technology to deliver highly differentiated Flash memory solutions through its Logic-on-Flash capabilities, which involve joint collaboration and co-development with strategic partners.

"Discretix believes Flash memory is a critical component to secure within electronic devices," said Edo Ganot, executive vice president of sales and business development, Discretix. "Spansion's logic-friendly and cost-effective MirrorBit technology is a natural fit with Discretix's embedded security to provide secure solutions for end users, enterprises and mobile operators."

Spansion Inc. (NASDAQ: SPSN)