November 17, 2009
LOS GATOS, Calif., Nov. 17 -- Mitrionics, Inc., the technology leader in FPGA-based hybrid computing, reports that VINNOVA, the Swedish governmental agency for innovation systems, today announced that it has awarded 3,826,000 SEK (approximately $555,000 USD) in funding for Mitrionics' Portable Parallel Programming project. This is within the framework of the Forska&Väx (Research&Grow) program that focuses on R&D in small and medium enterprises (SMEs). Mitrionics is currently demonstrating a proof-of-concept for the new portable parallel programming technology at the Supercomputing 2009 Conference in Portland, Ore.
"This support and acknowledgment is an important milestone for Mitrionics as it allows us to put the resources into the project to give it the kick-start needed to bring it to the market in a timely manner," says Magnus Hjern, president and CEO of Mitrionics, Inc.
Currently, the Mitrion Accelerated Computing Platform is designed to provide researchers and developers with the latest parallel programming tools for FPGAs that do not require any hardware design knowledge or experience. Mitrionics' new proof of concept targeting multicores and clusters, shows the potential of Mitrion-C as a truly portable parallel programming language, unlocking the full potential of hybrid computers. The Mitrion Platform enables rapid development of new accelerated applications in bioinformatics, computer-aided design, data mining, financial services, government/defense, and oil and gas industries. Systems running applications accelerated using the Mitrion Platform generally perform 10x to 100x faster than traditional systems while decreasing electrical power requirements by ninety percent.
About VINNOVA
VINNOVA (The Swedish Governmental Agency for Innovation Systems) aims to promote growth and prosperity throughout Sweden. VINNOVA's particular area of responsibility comprises innovations linked to research and development. VINNOVA's tasks are to fund the needs-driven research required by a competitive business and industrial sector and a flourishing society, and to strengthen the networks that are such a necessary part of this work.
About Mitrionics
Founded in 2001 and privately held, Mitrionics is the technology leader in FPGA-based, software acceleration and hybrid computing. The Mitrion Platform, which includes the Mitrion-C Compiler and Mitrion Virtual Processor, utilizes parallel programming and parallel processing to enable greater processing performance and a greener computing alternative. The Mitrion Platform is unique because it eliminates the need for circuit design skills, thus making software acceleration accessible to scientists and developers all over the world. Mitrionics has key industry relationships with chip companies Altera, AMD, Intel, and Xilinx, systems vendors Convey, Cray, HP, and SGI, and module suppliers GiDEL, Nallatech, and XtremeData. For more information, visit the company Web site at www.mitrionics.com, email info@mitrionics.com or call 408-395-3247.
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Source: Mitrionics, Inc.
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