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The following statements regarding Wind River's outlook for the third quarter of fiscal year 2006, full fiscal year 2006, and other statements in this press release are forward-looking and actual results may differ materially. Please consult the safe-harbor statement at the end of this press release for a description of certain risk factors and Wind River's SEC reports for a more comprehensive description of risks that may impact actual results. In response to SEC Regulation Fair Disclosure (Reg FD), Wind River plans to discuss its business outlook, based on current expectations, in conjunction with its quarterly earnings releases and conference call. Wind River does not plan to provide any further financial guidance beyond the information provided in its quarterly earnings release and conference call.
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Wind River is the global leader in device software optimization (DSO). Wind River enables companies to develop, run and manage device software faster, better, at lower cost and more reliably. Wind River platforms are pre- integrated, fully standardized enterprise-wide development solutions. They reduce effort, cost and risk and optimize quality and reliability at all phases of the device software development process from concept to deployed product.
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ALAMEDA, Calif., Feb. 14 /PRNewswire-FirstCall/ -- Wind River Systems, Inc , the global leader in Device Software Optimization (DSO) today announced availability of the Reference Design Release (RDR) of Platform for Network Equipment, Linux Edition. Platform for Network Equipment is the first Wind River platform to include a complete Linux reference file system with a rich set of networking middleware and applications. Wind River customers have already licensed over 1,000 developer seats and begun standardizing their Linux-based product development with Wind River. Their commitment, as noted in separate Wind River announcements today, solidifies Wind River's position as the leading provider of Linux-based device software solutions that help customers develop and run device software better, faster, at a lower cost and more reliably.
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To underscore the momentum of their alliance, Freescale and Wind River joined forces at the 2006 Worldwide User Conference on a demonstration milestone. The two companies are showcasing the first public demonstration of Freescale's dual-core MPC8641D processor running the VxWorks RTOS on both cores in concert with Wind River's innovative multicore debugger capabilities. The MPC8641D contains two high-performance e600 PowerPC cores unified in a system-on-chip architecture that combines high-speed interconnects, such as Serial RapidIO(TM) interconnect technology, Gigabit Ethernet and PCI Express.
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With more than 1,400 employees and thousands of customers, Wind River enables companies to develop and run device software faster, more reliable, and at a lower cost. When Scott Fenton, CIO of Wind River Systems, took over in August 2006, he realized that the company was suffering from a negative business impact due to the company's poorly integrated applications and unreliable customer information. Salespeople were unable to obtain an accurate rundown of customers' current product holdings. Orders were often transmitted and shipped improperly due to customer data errors and duplication, resulting in a costly and inefficient order-to-cash process. Sales reports were still created manually and delivered in days, rather than hours.
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Wind River is the only device software vendor that can offer integrated platforms for network equipment with support for both the leading VxWorks real-time operating system and Linux. Customers will be able to implement and deploy carrier grade telecommunications equipment based on a dual operating system strategy more easily. They will now be able to meet high-end product requirements and gain efficiencies by leveraging software across multiple projects and operating systems.
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