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Santa Clara, CA – November 23, 2010
– Today, MMV Financial (MMV) announced that it has provided $3 million in debt financing to SpectraLinear, Inc., a pure play integrated timing solutions company focused on consumer, computer and communication markets using innovative, high performance, fast time-to-market silicon platforms. SpectraLinear’s core competencies are its experienced and innovative design engineering team with more than 100 man-years of relevant timing circuit experience and its seasoned management team with decades of domain experience delivering quality products to end customers in high volume. The additional capital from MMV will assist SpectraLinear in its commitment to being a technology leader that offers products with best-of-class performance, low power requirements and unsurpassed programmability for flexibility and fast time-to-market. Cafferty & Company served as independent advisor to SpectraLinear on the financing.

SpectraLinear’s integrated timing devices are the heartbeat of electronic systems. The company’s veteran team, its clear-cut product advantages and resulting major market wins allow SpectraLinear to stand out in the competitive landscape” said Bob Curley, SVP and Managing Director, MMV Financial.

“We are pleased to bring on this capital for our fast-growing business and to have the support and financial backing of
MMV Financial along with our existing investors” said Ilhan Refioglu, SpectraLinear President/CEO and founder. “SpectraLinear’s programmable timing products that use our EPro Technology are rapidly growing and our numerous reference design wins are bringing market magnification creating strong demand for our products all across the board. The money raised will provide the necessary working capital to sustain our rapid growth. MMV has provided excellent support, great terms and fast turnaround time for the funding. They are worthy of their excellent reputation.”
 

About MMV Financial:
 
MMV Financial is a specialty finance company that provides creative debt solutions directly to technology and life sciences companies across North America. MMV is backed by top U.S. and Canadian private equity firms and financial institutions including CCP Equity Partners, Caisse de dépôt et placement du Québec, Fonds de Solidarité des Travailleurs du Québec, HSBC Bank Canada, ROI Capital and Wells Fargo Company. For more information, please visit www.mmvf.com.
 

About SpectraLinear, Inc.:
 
SpectraLinear, Inc. is a fabless mixed signal IC Company that designs, develops, manufactures and markets integrated timing circuits. SpectraLinear’s products include Programmable Clock Generators, EMI Reduction Clocks, Zero Delay Buffers, PCI Express, Fanout Buffers, Memory Clocks and Buffers for the consumer, computer and communications markets. These products enable various electronic applications such as digital television, high definition digital television, digital still camera, digital movie camera or camcorders, set-top box, multi-function printers, laser and inkjet printers, copiers, notebook and desktop computers, servers and communication systems, as well as automotive, gaming, cash registers and other industrial applications. SpectraLinear acquired a portion of Cypress' timing business in 2006 and as a result, secured several fortune 500 accounts as clients. SpectraLinear was founded in 2006 and is currently headquartered in Santa Clara, California. For more information, please visitwww.spectralinear.com.
 

Contact Information:
 

For MMV Financial
Robert A. Curley, Jr.
Senior Vice President & Managing Director
650.241.0320
 
 
For SpectraLinear, Inc.
Ilhan Refioglu
President & CEO
408.855.0555

 




 
     
 
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