Thursday, January 25, 2007

Mercury Computer Systems - Cell BE

In an 8-K filing (1/25/07) Mercury Computer Systems reported the results of its quarter ending December 31, 2006, with GAAP losses per Share of $0.05 and Non-GAAP Earnings per Share of $0.01.

Many of its reported (pages 3-6) recent highlights laud its Cell Broadband Engine successes:

In the second quarter of fiscal 2007, the Company reported several new customers in life sciences, increasing interest in Mercury’s Cell Broadband Engine ™ (BE) processor-based solutions, and continued adoption of industry-standard technology which Mercury helped to create. These trends signal the growing need for performance acceleration, as well as a growing transition from in-house design and build to third-party solutions, for computationally intensive applications. Organizations are increasingly moving toward optimized, more cost-effective solutions that help to free up valuable in-house resources and deliver faster time to market; and as evidenced in the second quarter, they are turning to Mercury.

Mercury also signed a strategic cooperation with The Institute of Medical Physics (IMP) of Erlangen for the joint development and commercialization of medical imaging technology deployed on the Cell BE processor. Preliminary results show a 100x improvement in CT (computed tomography) reconstruction speed as well as enhanced visualization of medical imaging data.

Mercury is working with numerous technology companies and educational institutions in leveraging the performance capabilities of the Cell BE processor, to solve various specialized application challenges in seismic computation, video processing, various semiconductor process applications, synthetic aperture radar (SAR), molecular modeling in biotech, and ray tracing. Organizations such as the Lawrence Livermore National Laboratory and the Software Integration and Visualization Office (SIVO) at the NASA Goddard Space Flight Center have purchased Mercury Cell BE processor-based hardware, software, and/or optimization services. Other companies highlighted in second quarter announcements include Boston University and Mentor Graphics.

In November, preliminary results of an order-of-magnitude performance improvement were announced for the joint development effort with the Structural Bioinformatics Lab of Boston.

Mercury Cell BE press releases linked here.

(Cell Broadband Engine is a trademark of Sony Computer Entertainment Inc.)

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