28 September 2006
LTP Lipid Technologies Provider AB sold to DSM Food Specialties B.V.
The Karlshamn-based company LTP Lipid Technologies Provider AB has now been sold to DSM Food Specialties B.V., a company in the Dutch DSM Group. The purchase price amounted to SEK 225 million; sellers were CIMON Medical AB, DSM Venturing, the LTP management and a number of private investors.
"- LTP and DSM are already cooperating on the development of new products in the weight management area. This acquisition, in combination with DSM's other activities in this market segment, thus creates a wide and solid base for numerous innovative products designed to help consumers adopt a healthier life style", says Rob van Leen, DSM.
1 December 2005
Coding Technologies appointed company of the year - wins prestigious Swedish "Golden Mobile Award". Coding Technologies was honoured with the award for "Company of the year" by the Swedish trade magazine Mobil. The foundation for the award was that Coding Technologies' audio format MPEG-4 aacPlus has gained immense success during the last year and that the audio compression means everything to business success in many segments of the mobile telephone industry, especially for the future development of 3G services and podcasting to mobile telephones.
6 October 2005
Micromuscle develops electro-active polymer technology for the IntelliDrug project. Micromuscle has been selected as an official provider of materials and technology for the EU financed IntelliDrug project. The project's aim is to develop an intelligent drug delivery device based on microsystem technology. Micromuscle's part of the project will be to develop and supply electro-active polymer components that control the release of liquid medications. Micromuscle's EAP technology was selected for the project after an evaluation of several different technologies, having unique advantages such as low energy consumption and low voltage requirements.
20 September 2005
LTP signs Distribution Agreement in France and Belgium on Olibra. LTP Lipid Technologies Provider AB has signed a distribution agreement with Physcience Laboratory, France, giving Physcience the exclusive rights to market LTP's satiety ingredient Olibra as a single-dose mini-shot - the "Slim 10/10", in France and Belgium. Says Jörgen Quick, Managing director of LTP: "This agreement will is the first launch of the Olibra "mini-shot" product on key European markets. Additional Olibra mini-shot launches are planned throughout other European markets, Japan and SE Asia". "Slim 10/10 will be available in all leading French pharmacies and health stores from November 2005.
17 July 2005
DSM Food Specialties and LTP Lipid Technologies Provider AB signs worldwide sales and marketing agreement to promote a novel and unique weight management ingredient. Branded as "Fabuless" by DSM, the new product helps control food intake without the sacrifice and discipline usually associated with dieting and weight control. Fabuless triggers the natural appetite control mechanism and suppresses the hunger signals that would normally be sent hours afer a meal.
23 June 2005
Orange UK adopts MPEG-4 aacPlus for Mobile Music Download. Coding Technologies today announced that Orange UK has included the company's aacPlus audio codec into Orange's full track mobile music download service dubbed "Music Player".
"The commitment of Orange is a major step for aacPlus and a clear sign that our technology answers to the demands of the market", said Oliver Kunz, Vice President Strategic Marketing Coding Technologies.
June 2005
Lars Liljeryd ranks as #8 of Sweden's most influential IT brains. Lars "Stockis" Liljeryd, founder and Chief Scientist of Coding Technologies, has been nominated for Sweden's "IT Throne", the yearly ranking of the 50 most influential Swedish personalities in information technology and telecom. Conducted by Sweden's biggest technical newspaper, "Ny Teknik", the ranking places Liljeryd as number eight amongst names such as Ericsson's CEO Carl Hendrik Svanberg, Skype inventor Niklas Zennstroem and the IT-minister Ulrica Messing.
31 May 2005
Micromuscle AB announces joint-development agreement, whereby unique electro-active polymer technology enables global medical device manufacturer to design new applications. Micromuscle AB today announced that it has secured a joint development project with a global manufacturer of medical devises, based in the US, to the effect that Micromuscle will develop a new function for one of the partner's products. The agreement follows on an initial technology evaluation project which was successfully completed. In the first development phase the agreement results in revenues of up to SEK 5 million, with prospects for considerable royalty revenues linked to future commercialization of the resulting technology and products.
1 May 2005
LTP Lipid Technologies Provider AB signs agreement in US on Olibra. LTP has signed a license and supply agreement in the US with General Nutrition Corporation (GNC), giving GNC an exclusive right in the US to LTP's satiety ingredient Olibra, for the dietary supplement market. Based on a novel product development, GNC has launched Olibra as a major extension into their weight management brand "Total Lean".
11 April 2005
Radio City first radio station in Norway to take advantage of revolutionary MPEG-4 aacPlus from Coding Technologies. Radio City, located in Askim, Norway, today announced that the radio station will be the first in Norway to offer its programming for live Internet streaming using the Orban Opticodec 1010LE in combination with Coding Technologies' MPEG-4 aacPlus audio codec. Listeners can now tune in to Radio City using even a 56 kbps dial-up modem!
14 March 2005
Micromuscle AB received an order from HSG-IMIT to develop EAP (electro-active polymers) components for a life-science application
14 February 2005
Coding Technologies licenses aacPlus software to leading mobile platform vendor - Ericsson to incorporate Coding Technologies' state-of-the-art implementations in mobile platforms. Coding today announced that Ericsson has licensed Coding's Enhanced aacPlus implementations for various signal processor platforms. Ericsson Mobile Platform will incorporate this software to offer market-leading mobile phone platforms including aacPlus.
29 September 2004
3GPP selects MPEG-4 aacPlus from Coding Technologies for mobile audia and multimedia services. Coding Technologies today announced that its aacPlus audio codec has been standardized by 3GPP as the codec for high quality content delivery. The standardization by 3GPP is a clear sign for service operators, content providers and handset manufacturers as they can now rely on a single open standard technology for high quality audio services.
- The selection of aacPlus by 3GPP was the logical conclusion of what became apparent in the market, says Oliver Kunz, Vice President Strategic Marketing, Coding Technologies.
2 September 2004
LightUp Technologies launches marketing of ReSSQ Assay; the new CE marked product to be presented at the ESCV EuroVirology 2004 meeting in Madrid. LigthUp Technologies and DakoCytomation A/S announce the market introduction of ReSSQ EVB Assay, a nucleic acid test (NAT) for detection and quantification of Epstein-Barr virus. The assay provides a rapid an accurate means of monitoring viral load of EBV in clinical specimens. CEO Ulrica Sehlstedt comments: "This is the most recent addition to our developing portfolio of products for infectious disease diagnostics. It follows our strategy to provide clinical laboratories with robust and cost effective diagnostics kits".
1 September 2004
Coding Technologies introduces world's first USB receiver for Digital Radio Mondiale. Coding Technologies will showcase the world's first USB receiver for DRM, the new standard for digital broadcasting in the long, medium/AM, and short-wave bands, at the International Broadcasting Convention IBC 2004 in Amsterdam. The handy little box branded "Digital World Traveller" is to be connected to the USB port of a PC or Notebook and is capable of receiving DRM, FM and AM radio programmes.
23 August 2004
Danisco A/S and LTP in development cooperation. LTP Lipid Technologies Provider AB and Danisco A/S, Denmark, have entered into a development cooperation aiming at the evaluation of the application of new lipid systems in food products and beverages. CEO Jörgen Quick informs about plans for joint development of new products, with LTP having a lot to benefit from Danisco's notable expertise in food ingredient and application development, as well as from its global sales and distribution channels.
26 July 2004
America Online licenses aacPlus v2 Audio Codec from Coding Technologies. Coding Technologies announced today that America Online has licensed its aacPlus v2 audio codec for use with its media delivery platform and the NSV file format. aacPlus v2 will enable AOL to efficiently deliver high-quality audio and audio-visual services at low bit rates to AOL members.
7 July 2004
Coding Technologies signs broad aacPlus licence with Nokia. Coding Technologies today announced a major licensing deal with Nokia, an agreement that enables Nokia to incorporate Coding Technologies' internationally standardised aacPlus audio codec in future Nokia products. Coding Technologies confirms that aacPlus, the world's most efficient audio compression scheme, has already been adopted by mobile operators like SK Telecom, Vodafone an mmO2 for their mobile music services. "As the world leader in mobile communications, Nokia has tremendous influence on the direction of the mobile industry", says Oliver Kunz, Vice President Strategic Marketing at Coding. "We are very excited to provide aacPlus to Nokia and look forward to this new era of mobile multimedia.
29 June 2004
LightUp Technologies and DakoCytomation announce European distribution agreement for infectious disease diagnostic tests based on nucleic acid detection. The agreement is immediately effective and grants DakoCytomation co-exclusive rights to market and sell LightUp's products in Europe. The parties will work jointly to achieve a strong market penetration and to develop more products based on LightUp's ReSSQ Assay technology and DakoCytomation's knowledge of markets and customer contacts.
March 22, 2004
QUALCOMM to deliver High-Fidelity Audio at very low bit rates with integrated MPEG-4 aacPlus from Coding Technologies. QUALCOMM Inc. (pioneer and world leader of Code Division Multiple Access digital wireless technology) and Coding Technologies today announced the integration of MPEG-4 AAC/aacPlus technology into QUALCOMM's Qtv and CMX multimedia solutions. Support for the aacPlus technology in the Qtv and CMX multimedia solutions will be available in the second quarter of 2004.
19 March 2004
LTP Lipid Technologies Provider AB expands its technology platform through the acquisition of galactolipid-related IPR. LTP has acquired patents and other immaterial property rights in the field of galactolipids from the bankruptcy estate of Lipocore Holdings AB. "This acquisition enables us to pursue additional exciting business opportunities," say LTP's Directors Jörgen Quick and Bengt Herslöf, "in particular so as the advantages of using galactolipids in different delivery systems are receiving more and more attention in the industry".
19 March 2004
Vodafone Germany adopts Coding Technologies' aacPlus audio codec for Mobile Music Download Service, with turnkey solution allowing full length music downloads on mobile phones. Vodafone Germany has now introduced its new Vodafone Live! Music download service based on aacPlus, which makes Vodafone Germany the second operator (after mm02) to adopt Coding Technologies' aacPlus audio codec in Europe. The Vodafone service uses Musiwave's Music On Demand Service and is a key step in the development of the worldwide mobile music market.
15 March 2004
Smart pharmaceutical technology in new development company. LTP Lipid Technology AB and Galenica AB have set up a new development company together, the Galenica Technology AB. The purpose of this new company is to develop and market lipid-based drug delivery systems for a wide range of application areas. Each of the companies has unique knowhow in this area, and by joining forces they now pave the way for brand new "smart" technologies for drug delivery applications. New, efficient and patentable drug delivery techniques to improve current pharmaceutical products are often more cost-efficient than the development of new original substances.
7 January 2004
Coding Technologies and RealNetworks, Inc., the leading creator of digital media services and software, announced the licensing and incorporation of Coding Technologies' MPEG-4 AAC/aacPlus technology and software within RealNetworks' commercial media creation and consumer software player products.
Read full press release on Coding Technologies' site.
18 November 2003
Coding Technologies and Beijing E-World Technology form Audio Codec joint venture in China. Coding, in concert with Beijing E-World Technology, the government and industry sponsored company responsible for creating the new Chinese Enhanced Versatile Disc (EVD) format, announced today that they are establishing a joint venture, Beijing Media Works, to create and license a new audio codec. This new SBR enhanced codec, EAC 2.0, is already specified in the EVD format and will also be targeted for use in other Chinese applications. Beijing Media Works is based in Beijing. SBR enhanced EAC will be licensed exclusively in Greater China by the joint venture and in the rest of the world by Coding Technologies.
29 October 2003
LTP Lipid Technologies Provider AB announces today that Wilh.Sonesson acquires the right of sales within the Nordic countries for the new skin care product Galactobase. Galactobase is a moisturizing cream for dry skin with a high degree of essential fatty acids and a unique prolonged effect, based on a technology developed by LTP and patented worldwide. Wilh. Sonesson is one of the leading self-care companies on the Nordic market. Complete press release available on www.lipid.se.
16 October 2003
LTP Lipid Technologies Provider AB announces cooperation agreement with Skånemejerier. The agreement covers a joint development project for milk-based functional food applications containing LTP's ingredient Reducal; the first such product to be launched on the Nordic market in the first half of 2004.
- This cooperation is entirely in line with our functional food strategy: to offer the modern consumer food products with specific and documented health benefits; says Rolf Bjerndell, President of Skånemejerier.
6 October 2003
LTP Lipid Technologies Provider AB announces the signing of a substantial investment agreement with DSM Venturing, part of the DSM Group headquartered in Heerlen, the Netherlands. DSM Venturing is focused on direct investments in early-stage companies in DSM's strategic growth fields: Food Ingredients, Pharmaceutical Intermediates and Performance Materials. The investment in LTP is one of a growing number of direct investments by DSM Venturing.
DSM Venturing led this investment round together with CIMON Medical.
1 October 2003
LightUp Technologies AB announces today the approval by Underwriters Laboratories Inc. to CE Mark its ReSSQ CMV Assay according to the European Community in Vitro Diagnostics (IVD) Directive. ReSSQ CMV Assay is a nucleic acid test to be used in conjunction with real-time polymerase chain reaction and is the first such diagnostic system for cytomegalovirus to be awarded the CE Mark.
"The CE certification represents a significant milestone in our efforts to provide laboratories with reliable, standardised nucleic acid tests for infectious disease diagnosis and monitoring, and it is one of those company achievements that is an essential element in the continued success of our business in Europe", said Ulrica Sehlstedt, Ph.D., C.E.O.
23 September 2003
SK Telecom Adopts MPEG-4 aacPlus from Coding Technologies as Standard format for 3G Music-On-Demand and Video-On-Demand Services. Coding Technologies and SK Telecom, the leading mobile service provider in Korea, announce that SK Telecom is adopting aacPlus and plans to deploy the codec into its 3G content service offerings. SK Telecom already provides MOD and VOD to over one million 3G subscribers in Korea. With the addition of MPEG-4 aacPlus, download costs for subscribers and operating costs for SK Telecom will go down significantly.
16 September 2003
LightUp Technologies AB receives ISO 9001:2000 certification through the independent auditor Underwriters Laboratories Inc.
"This certification validates our commitment to providing our customers with high quality products...., and demonstrates that we have a working quality system that ensures delivery of high quality, consistently reliable products", said Ulrica Sehlstedt, Ph.D., Chief Executive Officer.
9 September 2003
Vsofts and Coding Technologies unveil Real-time Encoding and Decoding of Standard Definition MPEG-4/AVC (H.264) Video and MPEG-4 aacPlus 5.1 Audio at IBC Amsterdam. Coding Technologies and Vsofts, the MPEG-4 AVC/H.264 performance leader, jointly demonstrated the first integrated SDKs (Software Developer Kits) of MPEG-4 AVC and MPEG-4 aacPlus, the two most advanced standard compression schemes available today. The demonstration featured real-time encoding of Standard Definition video resolution seamlessly integrated with 5.1 multichannel surround sound.
12 August 2003
iBiquity enhances performance of HD Radio(TM) system with new HDC codec, incorporating Coding Technologies' groundbreaking Spectral Band Replication technology to pave the way for acceleration of HD radio market launch. HDC, developed jointly by iBiquity and Coding, has been customized for the unique demands of terrestrial AM and FM broadcasts. It features Coding's Spectral Band Replication (SBR) to enable high audio quality at extremely low bit-rates.
16 June 2003
Coding Technologies announces at the World Radio Communications Conference in Geneva that 11 broadcasters worldwide have started official radio services using the company's aacPlus in the Digital Radio Mondiale (DRM) standard. DRM debuts as the second aacPlus based digital broadcast system available to the mass market. Using Coding Technologies' aacPlus, DRM's broadcasts provide a digital quality superior to local FM mono broadcasts even at bandwidth restrained channels.
27 May 2003
Coding Technologies announces agreement with Imagine Technology to be a premier provider of MPEG-4 aacPlus implementations for Texas Instruments DSP platforms. Imagine is creating and licensing validated aacPlus implementations for both fixed and floating-point TI DSPs; talking to customers immediately with first deliveries scheduled for Q2 and Q3 2003.
29 April 2003
CIMON Medical AB subscribes for new shares in Micromuscle AB, participating in the second round of venture capital financing together with Industrifonden.
24 April 2003
Karolinska Hospital selected LightUp Technologies' first probe product, ReSSQ(TM) CMV Assay, to become their routine method for detection and quantification of Human Cytomegalovirus (HCMV), replacing their previous testing process. The hospital selected ReSSQ CMV Assay after a thorough validation study, concluding that the CMV Assay could be accurately used in combination with Roche LightCycler to obtain qualitative and quantitative analysis of CMV DNA in various types of patient sample material. Being one of the largest and most prestigious hospitals in the Nordic countries, Karolinska is a very important reference customer for LightUp Technologies AB.
10 April 2003
LightUp Technologies AB signs license agreement with Molecular Probes, Inc; for Molecular Probes' fluorescent stains. The agreement gives LightUp Technologies the right to implement Molecular Probes' fluorescent stains into LightUp(TM) Probe products for DNA typing and diagnostics.
18 March 2003
Coding Technologies announces that MPEG has finalized the specification for MPEG-4 High-Efficiency AAC, also known as aacPlus. Based on Coding Technologies' Spectral Band Replication (SBR), the newly finalized spec is already available in evaluation and developer kits for immediate productization.
5 March 2003
Elektron ESI AB announced its Elektron Monomachine SFX-6, a multiple synthesis and FX synthesizer with unique parameter sequencer control scheduled for release in Q3 2003. The Monomachine SFX-6 delivers a new concept in musical synthesis and sequencing - a "first class alternative for pioneering musicians".
18 December 2002
CIMON Medical and Industrifonden invested in the medical technology company Micromuscle AB in Linköping. The company's proprietary technology consists of conductive polymers, which expand as they are subjected to an electric potential and regain their original shape as the potential is normalized. Micromuscle's technology can be used in medical applications, e.g. microsurgical instruments, with new and revolutionary properties. Micromuscle is currently focusing on developing vascular surgery products but is also exploring applications of the technology in other areas.
12 December 2002
Mountain View, CA/Tokio - Coding Technologies, Matsushita Electric Industrial (Panasonic) and NEC announced today that the three companies have introduced a new low-power decoder version for the upcoming MPEG-4 AAC-plus-SBR (aacPlus) standard, which achieves CD-quality audio at low bitrates. Requiring 40% less processing power, this low-power SBR decoding method is officially recognized by MPEG and is bitstream compliant with the MPEG-4 aacPlus standard. The availability of both low-power and high-quality MPEG-4 aacPlus implementations enables the standard to run on the widest possible range of processors for mobile and portable device applications. Such a range is critical in the adoption of MPEG-4 aacPlus in 2.5G and 3G audio distribution markets.
19 November 2002
Mountain View, CA - Coding Technologies, the industry's leading provider of audio compression technologies for the mobile, digital broadcasting and Internet markets worldwide, announced today that the MPEG organization has promoted the aacPlus technology to final proposed draft amendment status as part of MPEG-4 Audio. Called "High-efficiency AAC" by MPEG, Coding Technologies has already released updated aacPlus libraries to match the current specification. In addition, industry leaders Texas Instruments, Loudeye, and M4IF have offered their support for the improved MPEG-4 Audio standard.
9 October 2002
Mountain View, CA - Coding Technologies, the industry's leading provider of audio compression technologies for the mobile, digital broadcasting and Internet markets worldwide, today announced that it has established an office in the United States. Located in Mountain View, CA, the office will handle technology licensing for the North American market. Coding Technologies also announced that streaming media expert, David Frerichs, has joined the company as Vice President and General Manager of U.S. Operations. With the opening of a US office, Coding Technologies now has a direct presence in three major high-tech markets: Sweden, Germany, and the USA.
13 September 2002
Nuremberg - At the International Broadcasting Convention (IBC) in Amsterdam from September 13 to 17, Coding Technologies will showcase the first production-ready OEM receiver samples for the global radio standard DRM™. With 2 different devices on show, the Swedish-German technology company highlights its leadership role in the development and standardization of modern audio technology. The Digital Radio Mondiale™ system also uses aacPlus™ by Coding Technologies as the standard audio coding format. aacPlus is a combination of MPEG AAC (Advanced Audio Coding) with Coding Technologies' groundbreaking SBR™ (Spectral Band Replication) bandwidth extension algorithm.
28 June 2002
The medtech company Eutech Medical AB has attracted a 15 MSEK investment from Swedestart Life Science KB and CIMON Medical AB. This will finance the further development of a medical device for treating incontinence, plus the assemblage of additional clinical data to facilitate its market approval.
The product that the Gothenburg-based company Eutech Medical devises is an implantable valve for the treatment of incontinence. The concept is based on clinical experience and research, conducted by leading clinical urologists.
13 June 2002
Nuremberg - Coding Technologies has won another important supporter for its audio compression standard mp3PRO: Musicmatch Jukebox, one of the most popular PC applications for the creation, management and playback of digital music is now offering mp3PRO support in its latest version 7.2. Users can play mp3PRO-encoded files in optimum quality and can also create mp3PRO files which offer the same audio quality as MP3 files at 40 to 50% smaller file size.
1 October 2001
Medtronic Xomed www.xomed.com www.medtronic.com - the ear, nose and throat (ENT) business of Medtronic Inc (NYSE: MDT) today concluded the purchase of the Ménière business of Pascal Medical AB a Swedish company. Pascal developed the Meniett portable pressure-pulse generator to treat the symptoms of Ménière’s disease, a disorder of the inner ear that causes recurring bouts of vertigo, tinnitus and hearing impairment. During the next nine months, Medtronic Xomed plans to transfer production of the Meniett technology to its Jacksonville facility, launch it in the United States and expand international distribution.
25 June 2001
In just a few days since its Internet debut, Thomson Multimedia announced that the new demonstration version of mp3PRO has attracted more than 600,000 successful downloads from three websites that offer the free software. Availability of the mp3PRO demo download was announced on 14 June, with a free download available from www.thomson-multimedia.com and www.codingtechnologies.com .
23 January 2001
LTP Lipid Technologies Provider AB is formed when CIMON Medical, Industrifonden, private investors along with the company’s management acquired processing plants, immaterial rights and know-how from Scotia LipidTeknik, owned by Scotia Holdings Ltd (UK) since 1995.
9 January 2001
Thomson Multimedia and Coding Technologies today announced the launch of a new, enhanced mp3 coding-decoding (codec) format that will provide improved sound at lower bit-rates, while maintaining compatibility wit the existing mp3 format.
16 November 2000
Boston Probes Inc announced that it has granted a non-exclusive license to its PNA Technology to LightUp Technologies AB within the field of infectious disease diagnostics.
2 November 2000
CIMON Medical, SEB Företagsinvest and Industrifonden invest in advanced DNA diagnostics when acquiring shares in LightUp Technologies AB. The company has developed a unique PNA-based diagnostic system, by means of which the identification of virus and bacteria such as jaundice, HIV and chlamydia is made both speedier and considerably more accurate.
16 October 2000
In cooperation with the entrepreneurs, CIMON Medical and Industrifonden acquire 20 per cent of the shares in CFS Medical AB - medical research company focused on the development and marketing of new technology for the alleviation of various skin irritations.
25 September 2000
Fraunhofer Institut acquires 5 per cent of the shares in Coding Technologies and grants the company a software license related to AAC-/mp3-codec.