MathStar Q3 2007 Earnings Call Transcript

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2007-11-09 00:00:50.0

Tags: MathStar Inc.

Question-and-Answer Session

Operator

Your first question comes from Joel Achramowicz - MDB Capital.

Joel Achramowicz - MDB Capital

I’m encouraged with your cash burn; the focus. You are using your cash wisely. I’m also encouraged with the visibility that you’ve discussed here in terms of additional traction in the marketplace.

Have there been any objective articles or publications of any kind, Doug? Or any industry circulars that might point to more visibility for the FPOA among the actual engineering community?

Douglas Pihl

I’ll let Dan answer that. We haven’t gotten any new articles. We’ve gotten some in the last several quarters. Nothing recent, I don’t believe, is there Dan?

Daniel Sweeney

Since the last conference call, Joel, there has not been any new industry articles.

Joel Achramowicz - MDB Capital

I’ve been doing a little bit of work in the video area and you guys obviously know there is enormous amount of complexity and calculation involved which obviously is perfectly suited to using the FPOA as a foundation. You would think somewhere along the line that these guys in the video area would be really touting this particular platform.

Douglas Pihl

Well, its also a very competitive market. One another reasons that we have customers whose names we can’t really disclose is that they tend to be very secretive about their secret sauce in how they do particular video encoding and decoding applications, so they tend not to really publish a lot of that.

Joel Achramowicz - MDB Capital

It is kind of a catch-22 at this period in MathStar’s history. In order to get these orders you have to be real quiet, but some day you want it to become known that the FPOA is obviously a ready-made platform for these kinds of applications.

Douglas Pihl

Absolutely, we would love to promote that.

Daniel Sweeney

We try to promote it today Joel, the problem is because of the competitive nature most customers don’t want to disclose they are using our part until they are very close to having a system-level product available to their customers.

Joel Achramowicz - MDB Capital

Dan, when your technical guys talk to engineers that are actually in the video area, that are actually making decisions on whether to use an FPGA platform and looking at the master FPOA, I mean do you have evidence of excitement there and interest in the new platform because of power?

 

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