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SiRF on Consumer Roll as Bushnell Takes Aim at GPS Market

15 December 2006

Furthering its penetration of the consumer GPS market, SiRF Technology Holdings, Inc. (Nasdaq: SIRF), a leading provider of GPS-enabled silicon and premium software location platforms, today announced its SiRFstar GPS receiver technology has been selected by Bushnell Outdoor Products for its GPS market debut. The adoption of SiRF's GPS technology by the industry leader in sports optics and outdoor accessories is the latest in a string of successes that further strengthen SiRF's leading position in the mainstream consumer GPS market, reinforcing its reputation as the technology of choice for leading consumer brands.


The Onix 200 hand-held GPS receiver and the NAV 500 portable in-car navigation are the first in a family of GPS products from Bushnell, establishing a new product category for the company and marking its entry into this rapidly growing market. With SiRF's GPS technology, optimized for portable, battery-powered GPS receivers, the ruggedized, waterproof Onix 200 handheld GPS receiver provides outstanding navigation performance even in tough environments such as mountainous terrain and under foliage canopies, and can operate for up to 26 hours on two AA batteries. The ability to download satellite and aerial photos is a feature offered only by Bushnell.


"Bushnell is one of the most recognized consumer brands for sports and outdoor enthusiasts, with products that enjoy a reputation for innovation and quality," said Kanwar Chadha, founder and vice president of marketing for SiRF. "We are pleased that Bushnell selected SiRF GPS architectures to meet the consumer demand for reliable location and we believe that their entry will expand the market for GPS enabled devices."


Perhaps best known for its binoculars, telescopes, laser rangefinders and other optical products, Bushnell has been the industry leader in high- performance sports optics for over 50 years. The company constantly explores emerging technologies to market sports optics that combines leading edge design with performance innovation.


"This is just the beginning in offering an exciting new line of GPS products to our customers that are innovative, feature-rich and live up to our reputation for quality, reliability and affordability," said Phil Gyori, vice president of marketing at Bushnell. "With aerial photographs, topographic maps, screen layering and simplified user interface, the Onix 200 is setting new standards for recreational handheld GPS receivers. With SiRF inside, hikers, hunters and campers can confidently go afield and easily find their way back."


The SiRFstarII in the Onix 200 offers high sensitivity and robust navigation algorithms, making real-time navigation practical even through the maze of complex urban canyons and under dense foliage. SiRFstarIII in the NAV 500 offers industry-leading performance at a competitive price point for the high-volume consumer electronics marketplace, along with SiRF's ability to support the quick time to market and large manufacturing volume needs of this market.


Winner of PC Magazine's 2005 award for Technical Excellence, the SiRFstarIII architecture can track more than 20 GPS satellites, employs the equivalent of more than 200,000 correlators and sophisticated navigation algorithms, and is able to acquire signals down to -159 dBm, making real-time navigation practical in almost any environment. The GCS3f combines a complete GPS digital baseband processor, RF front end and stacked flash in a single, compact, 7-mm x 10-mm package to deliver unmatched time to first fix (TTFF) at the low signal levels.


About SiRF Technology Holdings, Inc.


SiRF Technology Holdings, Inc. develops and markets semiconductor and software products that are designed to enable location-awareness utilizing GPS and other location technologies, enhanced by wireless connectivity capabilities such as Bluetooth, for high-volume mobile consumer devices and commercial applications. SiRF's technology has been integrated into mobile consumer devices such as automobile navigation systems, mobile phones, PDAs, GPS-based peripherals and handheld GPS navigation devices, and into commercial applications such as location servers, asset tracking devices and fleet management systems. SiRF markets and sells its products in three target platforms: wireless handheld devices, such as mobile phones; automotive electronics systems, including navigation and telematics systems; and consumer and compute devices, including personal digital assistants, notebook computers, recreational GPS handhelds, mobile gaming machines, digital cameras and watches. Founded in 1995, SiRF is headquartered in San Jose, Calif., and has sales offices, design centers and research facilities around the world. The company trades on the Nasdaq Stock Exchange under the symbol SIRF. Additional information about SiRF and its location technology solutions can be found at http://www.sirf.com.


Forward-Looking Statements


Except for the historical information contained herein, the matters set forth in this press release, including, but not limited to, statements regarding the anticipated features, benefits and capabilities of the SiRFstarIII GPS receiver technology and architecture, such as the fastest time to first fix, extremely high sensitivity, robust navigation algorithms and low power consumption and the anticipated features, benefits and capabilities of Bushnell's new GPS NavSystem products, such as the Onix 200 hand-held GPS receiver and the NAV 500 portable in-car navigator are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "to," "being," "possible," "may," "addresses," "designed to," "provide," "believe," and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and should not be considered as an indication of future performance. SiRF's actual results could differ materially from those discussed in these forward-looking statements as a result of risks and uncertainties, including, among others, demand and market acceptance for our products and those of our customers, the market for GPS-based location awareness capabilities, risks associated with the semiconductor industry and other risks and uncertainties discussed in the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2006 and from time to time in SiRF's SEC reports. These forward-looking statements speak only as of the date hereof. We do not undertake any obligation to update forward-looking statements.

Source: prnewswire



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