The Portland Group Selected by Linux Magazine as One of the Top 20 Companies to Watch in 2007
PORTLAND, Ore, January 18, 2007 - The Portland Group(TM) (PGI), a wholly-owned subsidiary of STMicroelectronics and the leading independent supplier of compilers and tools for high-performance computing, today announced that it has been named one of the Top 20 Companies to Watch in 2007 by Linux Magazine. The Linux Magazine "20 Companies to Watch in 2007" list features vendors that are best positioned in the coming year to spur Linux and Open Source adoption while delivering on the immediate needs of the marketplace.
"The Portland Group is meeting the challenge of processor complexity and the growing need for high-performance parallel software head on. The next-generation of software development is on the horizon and PGI is well-positioned to enable it," said Bryan Richard, editorial director, Linux Magazine.
PGI compilers and tools are widely used in high-performance technical computing (HPTC) and other application areas that require parallelization and optimization capabilities to extract maximum performance from the latest multi-core processors from AMD and Intel. The compilers and tools from PGI deliver a complete, uniform, optimizing, parallel C/C++ and Fortran application development environment across 32-bit and 64-bit systems based on either AMD or Intel multi-core processors running either the Linux or Windows operating systems.
"It's quite an honor for The Portland Group to be nominated to the list of top 20 companies to watch by Linux Magazine," said Douglas Miles, director, The Portland Group. "While PGI has been delivering production-quality parallel compilers and development tools for Linux since 1997, the mainstreaming of clustering and multi-core processors in the past year has really put a focus on the importance of these capabilities."
About the Linux Magazine 20 Companies to Watch List
The Linux Magazine 20 Companies to Watch list features the vendors that are making a significant impact on the next-generation of Linux and Open Source adoption. Linux Magazine selects companies that have the ability to spur Open Source adoption in all facets of Information Technology, are technology and service innovators, and develop practical solutions for the Open Enterprise. Please visit www.linuxmagazine.com for more information.
About The Portland Group
The Portland Group, a wholly-owned subsidiary of STMicroelectronics, is the premier supplier of high-performance Fortran, C, and C++ compilers and tools for high-end computing systems and for workstations, servers, and clusters based on 64-bit x64 and 32-bit x86 processors. Further information on The Portland Group products can be found at www.pgroup.com , by calling Sales at (503) 682-2806, or by email to sales@pgroup.com.
About STMicroelectronics
STMicroelectronics is a global leader in developing and delivering semiconductor solutions across the spectrum of microelectronics applications. An unrivalled combination of silicon and system expertise, manufacturing strength, Intellectual Property (IP) portfolio and strategic partners positions the Company at the forefront of System-on-Chip (SoC) technology and its products play a key role in enabling today's convergence markets. The Company's shares are traded on the New York Stock Exchange, on Euronext Paris and on the Milan Stock Exchange. In 2005, the Company's net revenues were $8.88 billion and net earnings were $266 million. Further information on ST can be found at www.st.com.
STMicroelectronics, Inc.
Lexington Corporate Center
10 Maguire Road
Bldg. 1, 3rd Floor
Lexington, MA 02421
(781) 861 2650
www.st.com
Carol Brown
STMicroelectronics
US Media Relations
603 465 9213
