Stretch Inc. Announces Corporate Expansion in Response to Rapid Business Growth

Feb. 15, 2008

SUNNYVALE , Calif., Feb. 15 /PRNewswire/ -- Stretch(R) Inc., the pioneer and leader in software configurable processors, today announced that the company has filled several strategic corporate positions to support growth and opportunity for its solutions in the fast growing video surveillance market. New hires include: Sammy Cheung , Vice President of IC Design; Joe McDonough, Senior Director of Customer Service and Supply Operations; Adesh Sidhu, Senior Director of North American Sales; John Fry , Director of Customer Applications, and Akihiro Kosano, Director of Japan Sales. Together these appointments represent over 80 years of experience in DSP, FPGA, IC and software design, sales, and support.

"We are aggressively seeking and hiring highly experienced professionals to support our fast-paced growth," said Craig Lytle , Stretch President and CEO. "These additions to our team bring strong experience in design, technical support, sales channel, and supply operations to our customers. We are especially gratified that seasoned professionals with diverse backgrounds including tenures at established companies such as Altera, Texas Instruments, AMD, and Cypress Semiconductor recognize the opportunity at Stretch."

"The industry's response to the introduction of groundbreaking video surveillance reference design kits for IP Network Cameras and Digital Video Recorders (DVRs) has been strong and worldwide," said Bob Beachler , Vice President of Marketing. "We've sold our design kits to more than 20 of the leading video surveillance equipment manufacturers, and have put in place the people and infrastructure to support our rapid growth."

Stretch's product line and support will continue to grow as the video surveillance industry expands to meet the needs of an increasingly security-conscious world.

About Stretch

Stretch Inc. is delivering a family of software configurable processors, the first to embed programmable logic within the processor. Using familiar C/C++ programming tools, system developers automatically configure Stretch's off-the-shelf processors to achieve extraordinary performance, easy and rapid development, significant cost savings, and flexibility to address diverse markets and changing application needs. Stretch devices are used in video processing, machine vision and wireless applications worldwide. For more information, visit http://www.stretchinc.com.

Stretch, the Stretch logo and Extending the Possibilities are registered trademarks of Stretch Inc. Media Contacts: Mark Oliver Patrick Corcoran Stretch Inc. Cain Communications 408-543-2741 360-314-4732 [email protected] [email protected]

SOURCE Stretch Inc.

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