eASIC and Fastrack to Offer NRE-Less ASIC
eASIC Corporation has entered into a strategic partnership with Fastrack Design to eliminate
non-recurring engineering (NRE) costs as part of the ASIC design and manufacturing cost structure. As part of the Design Services
Representative (DSR) agreement with Fastrack, a turnkey design services company, the two companies plan to reduce the design
time for Structured ASICs and to eliminate the NRE fee. According to Salah Werfelli, eASIC Executive Vice President of Strategic
Business Worldwide, "Combining our award-winning configurable logic products with Fastrak's design expertise and ASIC know-how,
we deliver the industry's only NRE-free ASIC solution with complementing design services to a broader customer base. eASIC's
DSR program is aimed at establishing an extensive sales channel for our innovative programmable ASIC products to help customers
reduce costs, improve their time-to-market, and increase their overall competitiveness."
Moazzem Hossain, Fastrack President and CEO also commented on the
no NRE approach, "We are very excited about eASIC's unique programmable ASIC product line and are pleased to be part of the
DSR program. This partnership expands our service capability and provides us with a strategic weapon to compete for ASIC design
wins. Our customers are eager to have such low-cost, no NRE ASICs, which can be rapidly shipped in any volume. We intend to
aggressively pursue and support eASIC's Structured ASIC device family."