Imsys AB: More on the Roadmap

NOT FOR PUBLICATION OR DISTRIBUTION, WHETHER DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, NEW ZEALAND, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTHAFRICA OR IN ANY OTHER JURISDICTION IN WHICH SUCH ACTION IS WHOLLY OR PARTIALLY SUBJECT TO LEGAL RESTRICTIONS.

As Imsys CEO, it is important to provide shareholders with opportunity to gain insight and to follow Imsys activities and performance. A CEO always has the responsibility to visualize the Company's values, especially the benefits of its technology and to clarify the business potential. An important element in this work is to continuously communicate the Company's Roadmap and important events in relation to progress.

More on our Roadmap 2021

The purpose of Roadmap

Imsys Roadmap is useful both internally in guiding on progress of development activity and externally in marketing as well as in customer contacts. In terms of processing, our Roadmap gives us recurrent opportunities for systematic improvement of our offers as well as solutions. Together with our partners it provides basis to creating a competitive technology fit for targeted applications.

Roadmap in brief

Imsys Roadmap for 2021 has three strategic goals:

· validate key system functions and tools

· demonstrate our system architecture

· demonstrate the technology on a mini silicon chip

Validation of central system functions is about gaining practical evidence. Through tests show that Imsys has working technologies for all individual functions within our microprocessor solution. These include technologies for internal transport of data, technologies for controlling computational work, technologies for external communication and technologies for managing memories, to mention a few areas.

The work to demonstrating Imsys system architecture is also a highly practical test, performed in a model semiconductor environment. Here, different system functions and techniques are linked together to test the overall systems capacity and performance. In Imsys' systems architecture, thousands of processor cores are used in a common circuit that performs computing - in parallel sequence under direction of a common central unit. Imsys model environment for testing system architecture has performed well and executed testing results since October. Demonstration of the system architecture follows schedule of Roadmap and provides promising results.

The most important single goal is to demonstrate Imsys solution on a specialized mini silicon chip. Manufacturing a complete circuit (SoC) at this stage of development is not cost effective, so we test selected areas of the technology in a mini silicon chip. The circuit is kept small to limit the cost. We have therefore recently linked top expertise to the Company to strengthen our opportunities to carry out this work successfully.

Results at the end of February

Due to convincing results from the first two objectives within the Roadmap, we have at an earlier than planned time, started preparatory work to make the design and preparations for ordering the mini silicon chip.

Marketing activities

Imsys' marketing work focuses on Artificial Intelligence (AI) applications in the automotive and safety sectors. During February, the work took several important steps forward. An interesting but demanding area is applications for processing radar signals. Information collected by radar contains much more data then the corresponding information from the camera, but at the same time, places greater demands on computing capacity. Here, solutions for AI have fantastic opportunities to create great value.

The market

Market activity is growing. The leading industrial players have already decided on AI strategies for their products. The interest in AI and the knowledge of its commercial significance is in the initial stage. We know for sure that industrial applications in AI are predicted to have very strong growth for many years to come. Imsys notes in particular, a growing interest in real-time applications with demand for massive computing power and low energy consumption. This creates business opportunities for Imsys.

IMPORTANT INFORMATION

This press message is a translation from the original which was published in Swedish, prior to this English version. In any and all legal considerations, the press message in Swedish serves as the company's official version.

The information in this press message does not constitute an offer to acquire, subscribe for, or otherwise trade in shares or other securities in Imsys AB. No action has been taken and no action will be taken to allow an offer to the public in any jurisdiction other than Sweden. The offer is not aimed at persons domiciled in the USA, Australia, New Zealand, Hong Kong, Japan, Canada, Switzerland, Singapore, South Africa or in any other jurisdiction where participation would require a prospectus, registration or other measures than those provided by Swedish law. The information in this press release may not be published, published or distributed, either directly or indirectly, in or to the United States (including its territories and provinces, any U.S. state, and District of Columbia).

For more information, please contact:Magnus Stuart, CEO magnus.stuart@imsystech.com +46 706 211 350

IMSYS IN SHORT

Imsys AB (publ) is a Swedish based high tech microprocessor company with focus on AI, founded in 1981. The company is a lead designer and developer of high performance, low energy consumption, flexible microprocessor solutions for AI applications. Imsys ALICE technology offers advantages in EDGE AI applications for automotive, security, computer centers, 5G mobile communication, block-chain and image recognition.

The company's shares are listed on NGM SME market

Göteborg Corporate Finance serves as Imsys appointed mentor and is available on telephone +46 31 13 82 30.

Imsys AB: Monthly Letter from CEO

A March letter reporting business to develop positively. Imsys attracting new shareholders and the share price is in rising. Imsys' internal evaluations indicating that our technology, ALICE, is competitive in a market that is expected to reach sales volumes of USD 5 billion by 2025. IM4000 is approaching its launch and may start generating revenue soon.


Imsys AB: Månadsbrev från VD

Imsys verksamheten har utvecklats positivt under mars. Bolaget får nya aktieägare och aktiekursen stiger. Imsys interna utvärderingar ser att vår teknik, ALICE, är konkurrenskraftig på en marknad som förutses omsätta 5 miljarder USD 2025. IM4000 närmar sig lansering och kan börja generera intäkter inom kort.


Imsys AB leads seminar series in AI development.

ICES today, in its Newsletter for 2021 presents a seminar series aimed at its member companies called "Empowering AI at the EDGE". The seminar series will be conducted in the spring of 2021 in collaboration with Imsys AB. Participants are senior leaders in CTO position, from sixteen of ICES member companies.

At the workshop on June 2, Imsys will present its AI accelerator ALICE and participants will during this workshop be given opportunities to evaluate four AI applications together with IMSYS.


Imsys AB leder seminarieserie inom AI utveckling

ICES presenterar idag en seminarieserie riktad till sina medlemsföretag kallad "Empowering AI at the EDGE". Seminarieserien genomförs under våren 2021 i samarbete med Imsys AB. Deltagare är personer i ledande ställning, CTO, från 16 av ICES medlemsföretag.

Vid en workshop den 2 juni presenteras Imsys AI accelerator ALICE och deltagarna ges därefter möjligheter att tillsammans med IMSYS utvärdera fyra AI applikationer.


Imsys AB: 9 månaders rapport per 31 januari 2021:

Under rapportperioden ökade intresset från kunder för Imsys lösningar och teknik. Samarbete inom avancerade radarapplikationer samt satsning på Imsys internationella lansering är strategiskt viktiga steg framåt.




Imsys initiates collaboration for radar applications.

Imsys AB and My-Konsult System AB have today signed a letter of intent to evaluate the conditions for cooperation. My-Konsult System AB is active in advanced military systems and supplies integrated systems in radar technology. The preliminary intention for the parties is to evaluate each other's know-how and technology portfolios with the aim of cooperation.


Imsys AB: Inleder samarbete kring radarapplikationer.

Imsys AB och My-Konsult System AB har idag tecknat en avsiktsförklaring för att utvärdera förutsättningarna för samarbete. My-Konsult System AB är verksamt inom avancerade militära system och levererar integrerade system inom radarteknik. Parternas avsikt är att utvärdera varandras kunskaps- och teknikportföljer i syfte att samarbeta.


Imsys AB: Monthly Letter from CEO

NOT FOR PUBLICATION OR DISTRIBUTION, WHETHER DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, NEW ZEALAND, HONG KONG, JAPAN, CANADA, SWITZERLAND, SINGAPORE, SOUTHAFRICA OR IN ANY OTHER JURISDICTION IN WHICH SUCH ACTION IS WHOLLY OR PARTIALLY SUBJECT TO LEGAL RESTRICTIONS.


Följ oss

Om beQuoted

beQuoted publicerar nyheter, analyser och pressmeddelanden för investerare och journalister. Viktiga företagshändelser bevakas av vår egen nyhetsredaktion och vidaredistribueras i ledande finansiella medier.

Vi uppdaterar även nyhetsrum, Investor Relations och IR-webbplatser för företag som vill utveckla sina relationer med finansmarknaden.

Kontakta oss

beQuoted AB
Sturegatan 32
114 36 Stockholm

08-692 21 90

Om beQuoted