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Paltek Selects HiTech Global as the North American & European Distribution Partner for its Low-Cost PCI Express Solution


San Jose, CA, October 26, 2006 --(PR.com)-- Paltek Corporation  (JASDAQ: 7587), a leading silicon and electronic solutions supplier in Japan, announced today the appointment of HiTech Global as its sales representative for North America and Europe markets.

The first engagement will start with promotion of the Paltek’s low-cost x4 PCI Express evaluation board (one lane is 2.5Gbps). The PTKB-S3-PCIE board is currently available for booking and will be shipped by the end of October, 2006. 

The PTKB-S3-PCIE evaluation board is populated with Xilinx low cost Spartan™ 3 FPGA and Genensy Logic GigaCourier™ GL9714 PCI Express external PHY. The PLTK-S3-PCIE board is in full compliance with the PCI Express x4 PCI-SIG specification. By developing this cost effective solution, PALTEK aims to meet customers’ strong demands for a low cost PCI Express solution.

“PALTEK PCI Express Evaluation Board delivers a true low-cost PCI Express solution by using the industry’s price leader Spartan™-3 FPGA. Most of all, by realizing high-demand x4 PCI Express solution with Spartan-3 FPGA, it will significantly widen the potential application and market coverage.” Mr. Osamu Sawada, Senior Product Marketing Manager at Xilinx Japan, said.

“PALTEK is excited to have HiTech Global as the sale channel partner for North America and Europe markets. Their solid technical expertise will help market our PCI Express solution in North America.” – said, Mr. Hiroyuki Takasaki, Executive Vice President of PALTEK

“PCI Express is rapidly being adopted by different market segments as the preferred serial bus standard. Combined design and support expertise of PALTEK and HiTech Global along with solutions from Xilinx and Genesys logic will enable designers to meet their time-to-market requirements” Said Mr. Cyrus Merati, Sr. Director of Sales and Marketing at HiTech Global. “HiTech Global is well positioned to support customers with their PCI Express needs and requirements”- He continued.

PALTEK positions the PTKB-S3-PCIE as an ideal PCI Express development platform for different projects and multiple applications.

Pricing and Availability:

The order entry is currently open for the PTKB-S3-PCIE platform. Customers in North America and Europe can place their purchase orders with HiTech Global’s customer service now. Customers can also purchase the PTKB-S3-PCIE from HiTech Global’s online store. Additional product and ordering information is available at http://www.hitechglobal.com/Boards/x4PCIeSpartan3.htm

About HiTech Global Design & Distribution LLC: 

HiTech Global Design & Distribution LLC (HTGD) is a North American based distributor and design house headquartered in Silicon Valley, California. HTGD’s main line of product includes IP Cores, prototyping boards, modules, IC components, and design tools. HiTech Global also provides FPGA, ASIC, SOC, and PCB design services. For more information about HiTech Global Distribution, LLC, please visit: http:www.hitechglobal.com

About PALTEK CORPORATION: 

PALTEK is strong in providing solutions with Programmable Logic Devices (PLDs), Application Specific Standard Products (ASSPs) and other Networking related silicon. Based on sound business performance, PALTEK made its Initial Public Offering on JASDAQ in 1998. Rooting from its corporate philosophy of “kyo-sei” (cooperative growth), the company is continuously making efforts to contribute to the development of the ubiquitous society by providing the best available hardware and software solutions. For further information, see http://www.paltek.co.jp

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Contact Information
HiTech Global
Cyrus Merati
408 781-7155
Contact
www.HiTechGobal.com

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