INCEP™ Announces Strategic Alliance with Tyco Electronics for PowerDirect™ Connector Technologies

Key step for industry-wide introduction and supply of the PowerDirect technology – the solution to the power delivery challenges of high performance processors

INCEP Technologies, Inc. today announces intentions to enter into a strategic alliance with Tyco Electronics Corporation for the design, manufacture, and marketing of products based on INCEP’s proprietary PowerDirect™ for power interconnect. Part of this alliance includes rights to key PowerDirect technologies. This relationship with Tyco Electronics, an industry leader in electrical/electronic connector products, will make available PowerDirect products for high volume computer and communication applications.

“Tyco’s proven ability in product execution combined with INCEP’s breakthrough power interconnect technology defines a successful relationship here”, stated Greg Sites, Director of Product Management for Tyco Electronics. “Power applications have been pushing the limit on power delivery”, said Jim Dietz, Chief Operating Officer of INCEP Technologies; “this new alliance will provide the path to meeting the already growing demand for this high performance technology”, he continued.

The PowerDirect connector is an innovative power interconnect optimized for delivery of high current levels and high slew rates for low voltage applications. PowerDirect meets the demands of today’s high performance microprocessors and other complex microelectronic devices and assemblies. PowerDirect products are available to support printed circuit board connection either to a printed circuit board or to a flex circuit. PowerDirect products should be available by the third quarter of 2002.

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Jim Kaskade

Jim Kaskade is a serial entrepreneur & enterprise software executive of over 36 years. He is the CEO of Conversica, a leader in Augmented Workforce solutions that help clients attract, acquire, and grow end-customers. He most recently successfully exited a PE-backed SaaS company, Janrain, in the digital identity security space. Prior to identity, he led a digital application business of over 7,000 people ($1B). Prior to that he led a big data & analytics business of over 1,000 ($250M). He was the CEO of a Big Data Cloud company ($50M); was an EIR at PARC (the Bell Labs of Silicon Valley) which resulted in a spinout of an AML AI company; led two separate private cloud software startups; founded of one of the most advanced digital video SaaS companies delivering online and wireless solutions to over 10,000 enterprises; and was involved with three semiconductor startups (two of which he founded, one of which he sold). He started his career engineering massively parallel processing datacenter applications. Jim has an Electrical and Computer Science Engineering degree from University of California, Santa Barbara, with an emphasis in semiconductor design and computer science; and an MBA from the University of San Diego with an emphasis in entrepreneurship and finance.