The company is called Lyric, and has been a military contractor for a bit apparently. They claim to have extremely powerful chips to compete with current x86 chips offered by Intel and AMD, as well as some interesting advances in flash memory.
Heres the article:
http://www.informationweek.com/news/hardware/processors/showArticle.jhtml?articleID=226800054&cid=RSSfeed_IWK_News
Heres the article:
http://www.informationweek.com/news/hardware/processors/showArticle.jhtml?articleID=226800054&cid=RSSfeed_IWK_News