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Updated: July 8th, 2008 05:26 PM CDT

Texas Instruments Allocates $15 Million to Fund University Medical Technology Research

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via PRNewswire

DALLAS , Sept. 18 /PRNewswire/ -- Texas Instruments Incorporated (TI)(NYSE: TXN) today announced that the company is allocating a total of$15 million to fund medical technology research at selected universities worldwide. The funding will support research and development of key emerging medical technologies, over a period of several years, in areas such aspersonal medical devices, implantables, medical imaging, wireless healthcare systems and biosensor technology.

"TI has always been at the forefront of technology research and we arevery excited to partner with universities worldwide to help develop the next-generation of medical electronics that will allow our customers to improve the quality of healthcare and life," said Kent Novak , vice presidentof TI's medical business unit.

TI technology has been utilized in many recent advancements in the medical field, including portable imaging, wireless communications for patient monitoring, retinal prosthesis and DSP-based robotics to improve quality of life for amputees. TI's expertise and innovation in a broad range ofsemiconductor technologies -- high-performance analog, digital signal processing, ultra-low-power microcontrollers, wireless connectivity andDLP(R) -- complement the demanding requirements of next-generation medical systems.

Novak added: "In the 1990s, wireless communications systems, cell phonesand PDAs were major areas of R&D and leading market drivers in the electronics industry. An outgrowth of these developments is higher system integration andlower power requirements. Many new and emerging medical systems are nowutilizing these established technologies to improve patient monitoring in hospitals, for feature-enhanced personal care devices, and for rapidly modernizing healthcare systems in developing countries where standardizedhealthcare is virtually nonexistent."

For more information regarding this program, timing and the process forsubmitting proposals for medical technology research funding, please visithttp://www.ti.com/medical. Projects will be selected by TI's Medical BusinessUnit.

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