Cypress University Alliance and BG Partners Announce Third Annual Professor E.I. Tochitsky Fellowship Award
July 09 2010 - 8:00AM
Business Wire
Cypress Semiconductor Corp. (Nasdaq:CY) and BG Partners today
announced that a team from the Arab Academy of Science and
Technology (AAST, Cairo-Alexandria, Egypt) is the winner of the
third annual Professor E.I. Tochitsky Fellowship Award. Professor
Khaled A. Shehata’s group from the AAST Electronics and
Communications Department led a widespread Middle East deployment
of Cypress’s PSoC® programmable system-on-chip platform.
There are three main components of the Fellowship: the
opportunity to work with BG Partners to create a business plan for
an innovative product, an interview with Cypress concerning a
potential internship, and a student financial award.
“We’ve immediately recognized the uniqueness, flexibility and
many other advantages of the PSoC technology platform," said
Professor Shehata. “My students are very interested – next we will
teach them PSoC 3 and PSoC 5.”
“It has been a privilege to introduce the PSoC technology
platform into Egypt and the broader Middle East with its unique
entrepreneurial and long-term investment culture,” said Dr. Victor
V. Boksha, Managing Director of BG Partners. “Very quickly we’ve
developed a “meeting of minds” with Professor Shehata - the whole
project benefited enormously from his extraordinary abilities as a
top teacher and resourceful entrepreneur. We see the Middle East
investing serious resources in technology. By leveraging deep local
know-how, we’re now focusing on the joint development of
distributed energy solutions closely coupled with
building-integrated photovoltaics based on the PSoC platform.”
"We are very impressed with the support and initiative from
Professor Shehata and the AAST team,” said Patrick Kane, director
of the Cypress University Alliance. “Professor Shehata has
exceptional students – we’ve gotten excellent feedback from Cypress
managers after the completion of an internship program. We
appreciate all the efforts of BG Partners as we jointly continue to
expand the reach of PSoC through the Middle East.”
BG Partners Group, Cypress University Alliance, and Professor
E.I. Tochitsky’s family established the fellowship in 2007 to
recognize and support outstanding student-professor entrepreneurial
efforts. The fellowship is open to other industrial and investment
groups to participate in also. Founded in memory of Professor
Eduard Ivanovich Tochitsky (1935-2007), a remarkable business and
technology leader, the fellowship initially supported young
entrepreneurial talent from Belarus – the native country of
Professor Tochitsky. Works from the Middle East, Russia, Ukraine,
Kazakhstan, Norway, and Singapore are also considered. The 2008
Award went to Professor Igor E. Zuikov’s group at Belarus National
Technical University. The 2007 Award went to Professor Victor F.
Zavortony’s group at Ukraine National Technical University – the
Winner of the 2008 Cypress PSoC Challenge.
About BG Partners
BG Partners is recognized as one of the top venture capital
groups focusing on the Middle East and US and stressing the need
and the tremendous potential for the next-generation of clean
green-tech and medical applications based on semiconductor
platforms. BG Partners is headquartered in Silicon Valley
(California) and has partners world-wide.
About the Cypress University Alliance
Cypress's University Alliance Program is a multifaceted program
empowering electronics engineering and computer science students to
develop the skill sets needed to perform in today's marketplace.
The program mounts regional design competitions, offers academic
workshops, and maintains a university alliance website
(www.cypress.com/cua) which provides access to myriad free design
resources, evaluation boards and online courses.
About Cypress
Cypress delivers high-performance, mixed-signal, programmable
solutions that provide customers with rapid time-to-market and
exceptional system value. Cypress offerings include the flagship
PSoC® programmable system-on-chip families and derivatives such as
PowerPSoC® solutions for high-voltage and LED lighting
applications, CapSense® touch sensing and TrueTouch™ solutions for
touchscreens. Cypress is the world leader in USB controllers,
including the high-performance West Bridge® solution that enhances
connectivity and performance in multimedia handsets. Cypress is
also a leader in high-performance memories and programmable timing
devices. Cypress serves numerous markets including consumer, mobile
handsets, computation, data communications, automotive, industrial
and military. Cypress trades on the Nasdaq Global Select Market
under the ticker symbol CY. Visit Cypress online at
www.cypress.com.
Cypress, the Cypress logo, PSoC, PowerPSoC, CapSense and West
Bridge are registered trademarks and TrueTouch is a trademark of
Cypress Semiconductor Corp. All other trademarks are property of
their owners.
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