Date: 29/05/2011

If your chip design not done in time by Open-Silicon, it will pay you

Open-Silicon, Inc. has introduced the money-backed design engineering schedules for its semiconductor design services. Open-Silicon said it will meet the schedule, delivering a prototype on time, or the company will refund the cost of the design engineering, up to $500K.

Open-Silicon is now willing to sign up on qualifying programs that the engineering will be "On Time, or On Us."

"The semiconductor industry needs schedule predictability to be viewed with the same intense focus as design functionality. Open-Silicon's bold statement with "On Time, or On Us" is a call to customers and partners to address schedule predictability as the key concern for the coming decade," said Dr. Naveed Sherwani, CEO of Open-Silicon. "We founded Open-Silicon on this principle, and are now again taking a leadership position by putting our money behind it."

"On Time, or On Us" Offer Details as provided by Open-Silicon:
The "On Time, or On Us" offer is valid on qualifying designs in 40nm or 65nm process, where design schedules are still relatively long and where Open-Silicon has a well-matured design methodology. Under the terms of this program, the originally quoted design non-recurring engineering (DNRE) charge will be refunded, up to $500K, for programs that miss the committed development schedule for prototype delivery. This program will run through December 2011. To learn more about the program, visit http://www.open-silicon.com/capabilities/program-management/on-time-or-on-us.html.