IP Cores, Inc. announces shipment of an encryption core to Philips Electronics Nederland BV.

Palo Alto, California, — January 06, 2009 — IP Cores, Inc. had demonstrated the technical superiority of its AES encryption code design by licensing its AES core to be incorporated into Philips security offerings.

"A unique combination of an extremely compact and high performance AES encryption core and attractive licensing terms has always been our main differentiation from competition," said Dmitri Varsanofiev, CTO of IP Cores. "We are very happy to add Philips to our growing list of Fortune 500 customers."

Ultracompact Encryption Core

The first IP core designed by IP Cores, Inc. in 2004 was an ultracompact AES core AES1. At just 3,000 ASIC gates, it still is the smallest self-contained AES encryption core on the market. Flexible options of the core include scalable throughput and AES key size, support for NIST encryption modes, variety of supported external interfaces, as well as resistance to simple and differential power attacks through additive data masking and operation hiding.

The core is FIPS-197 validated as a part of the AESAVS program by a NIST accredited laboratory, and had seen many design wins in ASIC technologies ranging from 45 to 350 nm as well as Xilinx, Altera, and Actel FPGAs.

For more information about IP Cores’ product line, please visit www.ipcores.com.

About IP Cores, Inc.

IP Cores is a rapidly growing company in the field of security and DSP IP cores. Founded 4 years ago, the company provides IP cores for communications and storage fields, including AES-based ECB/CBC/OCB/CFB, AES-GCM and AES-XTS cores, flow-through AES/CCM cores with header parsing for IEEE 802.11 (WiFi), 802.16e (WiMAX), 802.15.3 (MBOA), 802.15.4 (Zigbee), public-key accelerators for RSA and elliptic curve cryptography (ECC), cryptographically secure pseudo-random number generators (CS PRNG), lossless data compression cores as well as low-latency fixed and floating-point FFT, IFFT, and Viterbi detector cores.