LynuxWorks Raises $4 Million in Bridge Funding

LynuxWorks reported sequential quarter over quarter revenue growth for Q3 and Q4 fiscal year 2002, attributed to increased activity in the military/aerospace markets and a solid business model.

The company also announced it has raised $4 million in bridge funding and is in negotiations with venture companies for additional funding. LynuxWorks' CEO Inder Singh stated that the financial stability of the company is due to the strong momentum of embedded Linux combined with its strategy of diversifying revenue streams from the compatible suite of LynxOS and BlueCat Linux embedded operating systems, commercial grade tools, and world-class service offerings. The company's headquarters are located in San Jose, California and it has products such as the open-source BlueCat Linux and the scalable, Linux-compatible LynxOS real-time operating system. World class companies use LynuxWorks' products, including 3Com, Alcatel, Boeing, Ericsson, Hewlett Packard, Jet Propulsion Laboratory, Lockheed Martin, Lucent Technologies, Marconi, Mitsubishi, Motorola, NEC USA, Raytheon, TRW and Xerox. LynuxWorks is a trademark and LynxOS and BlueCat are registered trademarks of LynuxWorks, Inc. Other brand or product names are registered trademarks or trademarks of the respective holders. Linux is a registered trademark of Linus Torvald. Contact: Gerry Winckler, LynuxWorks, Immeuble le Florilege, 2 Allee de la Fresnerie, 78330 Fontenay-Le Fleury, FRANCE, Tel: +33 1 30 85 06 00, Fax: +33 1 30 85 06 06, Email:, Web: Allan Edwards, Neesham Public Relations, Tel: +44 (0) 1442 879222, Email: