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Lumic Electronics extols virtues of new multimedia processor to venture capitalists

News | 10/30/2000 5:00 am EST
Ottawa-based fabless semiconductor company Lumic Electronics Inc its chip-based system to venture capitalists last week as a way to solve potential bottlenecks in delivering multimedia content to the handset. A presentation of the wireless technology and its business plan was given at the sold out Ottawa Venture Capital Fair at the Chateau Laurier on Oct 26. At the time of deadline, Lumic had not released details of any further financing.

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