Palo Alto, CA – June 18, 2010
Woodside Capital Partners International LLC is pleased to announce that it acted as a financial advisor to Samplify Systems, a leader in compression technology for sampled data, on its strategic investment from IDT (NASDAQ: IDTI). IDT and Samplify will work together to develop compression-enabled data transmission products for wireless infrastructure applications
Samplify is a venture-funded solution provider of signal compression technology and semiconductor products. Headquartered in Santa Clara, CA, Samplify`s customers include wireless infrastructure, medical imaging, and industrial control companies. Samplify`s technology and semiconductor products, including the SAM1600 family, have won multiple industry awards for innovation, including the first data converter with integrated data compression. Additional information about Samplify can be found at www.samplify.com.
With the goal of continuously improving the digital media experience, IDT integrates its fundamental semiconductor heritage with essential innovation, developing and delivering low-power, mixed signal solutions that help customers overcome their system challenges. Headquartered in San Jose, Calif., IDT has design, manufacturing and sales facilities throughout the world. IDT stock is traded on the NASDAQ Global Select Stock Market® under the symbol “IDTI”. Additional informational about IDT is accessible at
About Woodside Capital
Woodside Capital Partners International LLC is an investment banking firm, with offices in Silicon Valley and London, specializing in Merger & Acquisitions for emerging growth technology companies. All securities activities are conducted through 3C-WC Partners LLC, a registered broker-dealer and member of SIPC (www.sipc.org) and FINRA (www.finra.org). Woodside Capital Partners International LLC and 3C-WC Partners, LLC are affiliated companies. More information is available at woodsidecap.com
Woodside Capital Partners, LLC
Rudy Burger, Managing Partner