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Open-Silicon Announces Dr. Shafy Eltoukhy as Vice President of Manufacturing Operations

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Industry Veteran to Manage Silicon Operations for Unique ASIC Business Model

SUNNYVALE, Calif.-July 29, 2004: Open-Silicon, Inc., a fabless ASIC company that provides a predictable, reliable, and cost-effective alternative to traditional chip design and supply chain models, today announced the appointment of Dr. Shafy Eltoukhy as Vice President of Manufacturing Operations.

Shafy Eltoukhy brings over 20 years of semiconductor industry experience to Open-Silicon. Prior to joining Open-Silicon, Shafy was the Vice President of Technology at Lightspeed Semiconductor where he joined the founding team with a goal to simplify the ASIC design cycle. Previous to Lightspeed, he was the Director of Technology Development at Actel Corporation, where he led a technology group that developed five generations of FPGA products. Shafy has held senior engineering positions at Intel Corporation and Fairchild Research Center and academic positions at Cairo University and the University of Waterloo, Canada.

Shafy holds 21 US patents and an additional two patents are pending covering technology and circuits used in FPGA and ASIC products. Additionally, he has authored over 20 technical articles.

“Open-Silicon offers customers unprecedented access to each step of the ASIC supply chain.” said Shafy. “With the OpenMODEL, Open-Silicon allows customers to make informed choices that lower cost and reduce risk at each step of the ASIC implementation process. I look forward to working closely with our customers to identify and select the right process and technology solution for each design.”

“I am pleased to welcome Shafy Eltoukhy to our executive team” said Naveed Sherwani, President and CEO of Open-Silicon. “Our OpenMODEL brings freedom of choice to the traditionally inflexible chip supply chain by allowing customers to be involved in the supply chain choices that not only reduce costs, but dramatically improve the chances of right-first-time silicon. With his broad industry expertise in process technologies and fab-related manufacturing issues, Shafy is the ideal person to lead Open-Silicon’s Manufacturing Operations”

Shafy earned his Ph.D. in Electrical Engineering from the University of Waterloo, and MSEE and BSEE degrees from Cairo University.

About Open-Silicon’s Management Team
Open-Silicon was founded by president and CEO, Dr. Naveed Sherwani, the former general manager and founder of Intel Microelectronics Services®; vice president of marketing and business development, Scott Houghton, the former senior vice president and general manager of Synopsys Professional Services Group; and vice president of engineering, Dr. Satya Gupta, the former director of engineering for Intel Microelectronics Services. Sherwani, Houghton, and Gupta each bring more than 16 years of ASIC and semiconductor sales, marketing, operations and international experience to the company.

About Open Silicon, Inc.

Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon’s OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon’s website at www.open-silicon.com.


Open-Silicon Selected as Finalist for Red Herring's Top 100 Innovators Award

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Sunnyvale, Calif. — November 17, 2004—Reinforcing its leadership role, Open-Silicon, Inc., a fabless ASIC company that provides a predictable, reliable and cost-effective alternative to traditional chip design and supply chain models, today announced that the Red Herring has selected Open-Silicon as a finalist for the Red Herring Top 100 Innovators Award Program.The Red Herring editorial team rigorously evaluates companies for the following seven categories: Technology, Financing, Marketing, Sales, Service, Leadership, and Business Strategy.

“It is a honor to be selected for the shortlist from more than 1,200 entrants. We believe this is an indicator of our strength as an innovator both in our ASIC technology and our business model,” said Scott Houghton, VP of Marketing at Open-Silicon.

The Red Herring list of the technology Top 100 Innovators is the industry's definitive list of technology companies impacting the marketplace; it rewards companies that have achieved breakthroughs and demonstrate leadership. The Red Herring Top 100 Innovators will be made public at the Red Herring Fall 2004 Conference in Monterey, California, Dec. 6-8, 2004.

About Open Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon’s OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development.

The OpenMODEL is an ASIC development process that combines Open-Silicon’s extensive design and product engineering expertise with customer-driven supply chain implementation. Unlike traditional ASIC vendor models that do not permit customers to make supply chain decisions, the OpenMODEL allows customers to make informed choices that lower cost and reduce risk at each step of the ASIC implementation process. The OpenMODEL process begins with a systematic cost analysis that optimizes expenditures at each step in the supply chain. Customers can then choose from Open-Silicon’s broad portfolio of qualified semiconductor intellectual property and extensive strategic partnerships with the world’s leading manufacturing, test, and packaging providers. Open-Silicon’s disciplined design methodology is then applied to produce reliable, predictable ASICs at significantly lower cost. For more information, visit Open-Silicon’s website at www.open-silicon.com.

Open-Silicon Announces Hitesh Bhantnagar as General Manager of Open-Silicon India

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SUNNYVALE, Calif.— November 22, 2004—Open-Silicon, Inc., a fabless ASIC company that provides a predictable, reliable and cost effective alternative to traditional chip design and supply chain models, today announced the appointment of Hitesh Bhatnagar as general manager of Open-Silicon India.

Hitesh brings 28 years of professional experience with some of the leading multi-national corporations in India to Open-Silicon. Prior to joining Open-Silicon, Hitesh served as the president and managing director of Logic Vision India Pvt. Limited, Bangalore. Hitesh has held senior positions in design and manufacturing in some of India’s largest companies, including Aspect Development / i2 Technologies India, Philips India, Tata Telecom and AT&T/Lucent Technologies.

“I am pleased to welcome Hitesh to Open-Silicon’s management team,” said Naveed Sherwani, president and CEO of Open-Silicon. “Open-Silicon has built a world-class Design Center Unit (DCU) in Bangalore and we now plan to add equally world-class marketing, sales support, IP and manufacturing operations in India. Hitesh’s extensive experience in the global market will allow us to quickly reach this goal.”

“Open-Silicon is truly a global company. It’s unique business model is bringing much-needed affordability back to the ASIC market,” said Hitesh. “I am excited to have the opportunity to help grow the world-wide infrastructure that will bring this new ASIC option to the widest number of customers.”

“In addition to supplying a large percentage of the world’s engineering talent, we believe Indian firms will purchase US-made equipment worth hundreds of millions of dollars in the coming years, “ said Promod Haque, managing partner of Norwest Venture Partners, Open-Silicon board member, and the number one venture capitalist on the Forbes Midas List for 2004. “I am pleased that Open-Silicon is taking a leadership position in building the best infrastructure for rapid growth in the global economy by investing in a world-class team in India.”

Hitesh earned his B.E. (Hons.) in Electronics Engineering from the Birla Institute of Technology and Science.


About Open-Silicon’s Management Team
Open-Silicon was founded and is led by president and CEO, Dr. Naveed Sherwani, the former general manager and founder of Intel Microelectronics Services®; Scott Houghton, vice president of marketing and business development, and the former senior vice president and general manager of Synopsys Professional Services Group; and Dr. Satya Gupta, vice president of engineering, and the former director of engineering for Intel Microelectronics Services.

About Open Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon’s OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon’s website at www.open-silicon.com or call 408-523-1200.

Fabless Semiconductor Association Announces Nominees For 2004 Awards

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SAN JOSE, Calif. (Nov. 22, 2004) – The Fabless Semiconductor Association (FSA), the voice of the global fabless business model, announces the nominees for its 2004 awards to be presented at the Association’s tenth annual Awards Dinner Celebration.

This awards program celebrates leadership in the semiconductor industry and recognizes public and private fabless companies demonstrating excellence through their success, vision, strategy and future opportunity in the fabless industry. The award categories, explanation of the award nomination process and nominee lists include:

Most Respected Private and Public Fabless Company - An FSA search committee comprised of industry experts narrowed down the list of more than 900 private fabless companies and more than 70 public fabless companies in the world, with chosen nominees selected based on analysis of the companies’ performance, reputation and likelihood of long-term success. From the list formed by the committee, the fabless community, semiconductor financial and industry analysts and suppliers are asked to select one company from the list that they most respect in terms of product, vision, strategy and future opportunities.

Private company nominees are:
• AuthenTec
• Cavium Networks
• SiGe Semiconductor

Public company nominees are:
• Broadcom Corporation
• Solomon Systech (International) Limited
• Xilinx, Inc.

Best Financially Managed Company - The FSA research staff, in conjunction with financial analysts, evaluate the health of public fabless semiconductor companies traded on the U.S. exchanges by comparing financial indices such as: return on investment, return on equity, inventory turns, revenue, net income, days sales outstanding, cash per share, cash burn rate, gross profit margin, operating margin and current ratio. The company that excelled most often within each category is determined the winner.

Nominees are:
• DSP Group, Inc.
• QUALCOMM CDMA Technologies
• SanDisk Corporation

Fabless Start-Up to Watch – The FSA Venture Capital Advisory Board selects the winner by identifying the company that demonstrates the greatest likelihood of achieving the next phase of growth.

Nominees are:
• Airoha Technology Corp.
• D2Audio
• Enpiron, Inc.
• Frontier Silicon
• Open-Silicon, Inc.

Favorite Fabless Picks - Semiconductor financial analysts from top-tier firms select their favorite fabless company for this award. The analysts base their decision on historical, as well as projected data, such as stock price, earnings per share, revenue forecasts and product performance.

Nominees from Kalpesh Kapadia of C.E. Unterberg, Towbin are:
• M-Systems
• Trident Microsystems, Inc.
• SiRF Technology Holdings, Inc.

Nominees from Mark Edelstone of Morgan Stanley are:
• Atheros Communications, Inc.
• Broadcom Corporation
• NVIDIA Corporation

Outstanding Financial Performance by Public and Private Fabless Companies – Companies that doubled either revenue or net-income over eight consecutive quarters ending September 2004 are eligible to receive awards for their outstanding financial performance. Winners for these awards will be announced at the event.

Dr. Morris Chang Exemplary Leadership Award – The Dr. Morris Chang Exemplary Leadership Award recognizes individuals, such as its namesake, Dr. Morris Chang, for their outstanding achievements and unique contributions to the fabless sector, exemplifying how their vision and global leadership has transformed and elevated the entire semiconductor industry. The 2004 award will be presented to Jen-Hsun Huang, CEO, president and co-founder of NVIDIA Corporation.

The 2004 FSA Awards Dinner Celebration will be held on Thursday, December 9, 2004 at the Santa Clara Convention Center in Santa Clara, Calif. Event registration begins at 5:00 p.m. The event is preceded by a cocktail reception starting at 5:30 p.m., followed by the dinner and awards ceremony at 7:00 p.m., which includes featured entertainer Dana Carvey.

The event is made possible through the support of this year’s title sponsor, UMC, and sponsors AMI Semiconductor; Amkor Technology Inc.; ASE Group; ATI Technologies; Broadcom Corporation; C.E. Unterberg, Towbin; Cadence Design Systems; Chartered Semiconductor Manufacturing; CMP Media; Conexant; Ernst & Young; Jazz Semiconductor; Marvell; Morgan Stanley; NVIDIA; Oracle; Qualcomm CDMA Technologies; Reed Electronics Group; Synopsys; TSMC; Virage Logic and Xilinx.

Reservations for the 2004 FSA Awards Dinner Celebration can be made at http://www.fsa.org/awardsdinner/.

About the Fabless Semiconductor Association:
The FSA is the voice of the global fabless business model. Incorporated in 1994, the Association positively impacts the growth and return on invested capital of this business model to enhance the environment for innovation. The FSA provides a platform for meaningful global collaboration between fabless companies and their partners; provides members with timely research and resources; and identifies, debates, and discusses business and technical issues. FSA members include fabless companies and their supply chain and service partners and represent more than 21 countries spanning North America, Asia-Pacific, Europe and the Middle East. www.fsa.org

Open-Silicon Adopts LogicVision Technology to Maximize Test Quality and Improve Yield

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Embedded technology enables Open-Silicon to lower cost and accelerate time to market for customer designs

San Jose, Calif. - Feb. 14, 2005: LogicVision, Inc., (NASDAQ:LGVN), a leading provider of yield learning solutions for integrated circuits and systems, and Open-Silicon, Inc., a fabless ASIC company that provides a predictable, reliable and cost-effective alternative to traditional chip design and supply-chain models, today announced the adoption of LogicVision's embedded memory-test and repair-analysis technology as part of the standard tool flow in Open-Silicon ASIC designs.

LogicVision's comprehensive embedded memory-test and repair-analysis solution not only supports the most advanced test and repair algorithms, but also enables leading-edge automation for fast and seamless generation and integration of embedded-test capabilities into the design. Additionally, LogicVision intends to collaborate with Open-Silicon to add automatic memory repair to Open-Silicon's tool flow.

The integration of LogicVision's technology into its ASIC design methodology will help Open-Silicon provide the highest quality silicon to its customers in the shortest amount of time. LogicVision's solution is also expected to help minimize manufacturing costs by maximizing embedded-memory yields.

"Through our OpenMODEL, we seek to bring the best of all design methodologies to the table," said Satya Gupta, vice president of engineering for Open-Silicon. "LogicVision's solutions will ensure that our customers reap benefits in both cost savings and time to market.";

We are very pleased to partner with Open-Silicon and provide them with our advanced on-chip test and yield learning solutions," said Jim Healy, president and CEO of LogicVision. "Our technology is designed to efficiently and economically fully test Open-Silicon's ASIC designs at-speed and uncover those illusive un-modeled faults that are often the cause of low yields and customer field returns."

About Open Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-523-1200.

About LogicVision, Inc.
LogicVision provides proprietary yield learning technology that improves quality yield in the manufacturing of complex semiconductors. LogicVision's yield learning solution allows integrated circuit designers to embed test functionality that is used both during semiconductor production and throughout the useful life of the chip to provide actionable data for yield improvement. Through use of these LogicVision ?eyes? in the die, customers can enhance their product yield, maximize quality, lower test costs and speed time to market. The company's stock trades on Nasdaq under the ticker symbol LGVN. Visit LogicVision on the Web at www.logicvision.com

Open-Silicon Inaugurates Design Center Unit

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OPEN-SILCON ANNOUNCES THE INAUGURATION OF THEIR FIRST DESIGN CENTER UNIT (DCU)

Heralds in a novel concept in Silicon Engineering with the opening of a new Bangalore facility

Bangalore, July 5, 2005: Open-Silicon, Inc., a fabless ASIC company that provides a predictable, reliable and cost-effective alternative to traditional chip design and supply chain models, today reiterated their growth and launched the first Design Center Unit at their new facility in Bangalore. The new facility will allow Open-Silicon to accelerate their growth plans as well as R&D for next generation technologies.

Open-Silicon India houses the first Design Center Unit (DCU) for Open-Silicon worldwide. The DCU is a revolutionary approach that Open-Silicon has developed to scale engineering teams efficiently. A DCU uses dynamic staffing of technology experts who are specialized in particular areas of silicon engineering. This ensures our customers get a repeatable, predictable and reliable design process for custom ASIC development.

Co-founder and VP Engineering, Dr. Satya Gupta said, “the quality of experienced engineering, university programs that ensure continuous growth of VLSI talent, and local support from ASIC partners for chip design activity make India the ideal place for our silicon engineering efforts. We hope to add our next DCU, double our present work force in 2006 and tape-out 20-25 chips.”

Open-Silicon built their first DCU with world-class silicon engineering execution capability and an environment that encourages technical and professional growth. Their R&D created a highly automated, disciplined methodology that has enabled them to predictably complete 15 tape-outs in its first year of operation with reliable first silicon success.

Commenting on the future growth of the company and of its employees, Dr. Naveed Sherwani, President & CEO, Open-Silicon said, “The high quality of engineering talent in Bangalore has allowed us to build a multi-function site capable of managing all aspects of silicon engineering. This will allow us to continue to scale toeven greater heights.”

About Open Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com.

Open-Silicon Introduces IC-Catalyst

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Integrated Platform Delivers Predictable, Reliable and Cost-effective ASICs

Sunnyvale, Calif. - August 8, 2005 - Open-Silicon, Inc., a fabless ASIC company that provides a predictable, reliable and cost-effective alternative to traditional chip design and supply-chain models, is introducing IC-Catalyst, a proprietary fully integrated software system that enables the Company to manage all aspects of a chip-design flow and manufacturing supply chain. IC-Catalyst enables Open-Silicon to provide their customers with ASICs that have high predictability and reliability at a cost much lower that that achievable by a traditional ASIC vendor.

"Open-Silicon's mission is to bring predictable, reliable and cost-effective ASICs to the industry and dramatically increase the number of ASIC designs that go to production," said Dr. Naveed Sherwani, President and CEO of Open-Silicon. "With IC-Catalyst, we are able to exploit the commonality of mainstream ASIC designs and efficiently manage the entire design and manufacturing process. This lets us accelerate time to market for our customer's products."

IC-Catalyst
IC-Catalyst provides an integrated design, manufacturing, and program management infrastructure for the chip development cycle. Phase One of the tool suite focuses on design by addressing the four types of management tasks in an ASIC design implementation:

  • Design Configuration Management
  • Design Flow Management
  • Tool and Hardware Resource Management
  • Design Program Management

By integrating multiple tools into flows and providing a consistent design methodology across multiple chips, IC-Catalyst dramatically improves designer productivity. The tool suite supports designer flexibility for introducing design-dependent variations into the process. IC-Catalyst generates reports and statistics on the quality of each design, efficiency of the implementation, economy of the resources and adherence to the predicted design schedule - data that ASIC customers rarely receive from their ASIC vendor.

IC-Catalyst captures the learning from every design and propagates it to future designs, resulting in accelerated development time for follow-on chip-design projects. In addition, IC-Catalyst manages machine and tool-license resources, enabling the Design Center Unit to maximize the usage of available hardware and software resources.

About Open Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-523-1200.

Open-Silicon Joins TSMC's Design Center Alliance

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Integrated Platform Delivers Predictable, Reliable and Cost-effective ASICs

Sunnyvale, Calif. - August 24, 2005 -Open-Silicon, Inc., a fabless ASIC company that provides a predictable, reliable and cost-effective alternative to traditional chip design and supply-chain models, and Taiwan Semiconductor Manufacturing Company, Ltd. (TSM) (NYSE: TSM) today announced that Open-Silicon has joined the TSMC Design Center Alliance (DCA) program.

"Open-Silicon's mission is to provide a predictable, reliable and cost-effective ASIC solution" said Dr. Naveed Sherwani, President and CEO of Open-Silicon. "We have worked closely with TSMC since Open-Silicon's inception. This strong partnership has allowed us to provide customers with dramatically improved chances of right-first-time silicon. We are very happy to join TSMC's Design Center Alliance."

"The fabless ASIC business is a fast-growing model," said Rick Cassidy, president of TSMC North America. "By adding Open-Silicon to our Design Center Alliance, we continue to reduce risk at each step of the ASIC implementation process and improve time-to-market."

Open-Silicon takes projects from RTL, netlist or GDSll - then manages the entire process - from design engineering, IP procurement, fabrication, package assembly and test, silicon validation and production, through end-of-life.

About Open Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-523-1200.

About TSMC Ltd.
TSMC is the world's largest dedicated semiconductor foundry, providing the industry's leading process technology and the foundry industry's largest portfolio of process-proven library, IP, design tools and reference flows. The company operates one advanced 300mm wafer fab, five eight-inch fabs and one six-inch wafer fab. TSMC also has substantial capacity commitments at two joint ventures fabs (VIS and SSMC) and its wholly-owned subsidiary, WaferTech. In early 2001, TSMC became the first IC manufacturer to announce a 90-nm technology alignment program with its customers. TSMC's corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC see www.tsmc.com.


Jeffrey Bouchard Joins Open-Silicon Executive Team

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IC Industry veteran appointed as CFO for new-generation fabless ASIC company

Sunnyvale, Calif. February 6, 2006 -Open-Silicon, Inc., a fabless ASIC company that provides a predictable, reliable and cost-effective alternative to traditional chip design and supply-chain models, , today announced that Jeffrey Bouchard will join the company on February 13 as Chief Financial Officer.

"Jeff brings a solid track record of financial leadership at rapidly growing technology companies to his role as CFO at Open-Silicon" said Dr. Naveed Sherwani, President and CEO of Open-Silicon. "Jeff's demonstrated business leadership will be invaluable as our OpenMODEL of designing and manufacturing ASICs continues to lead our rapid growth."

"Open-Silicon has a tremendous market opportunity" said Mr. Brouchard. "I am looking forward to joining the executive team at Open-Silicon and helping to lead their growth."

Mr. Bouchard earned an MBA from Santa Clara University and B.S. in Business Administration-Finance from San Jose State University.

Howard Fischer Associates conducted the search that brought Jeff Bouchard to Open-Silicon.

About Open Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-523-1200.

Open-Silicon Licenses MIPS32® 24Kc™ Pro Core and Virage Logic Core-Optimized IP Kit for Future ASIC Development

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Proven Business Model Leverages Performance, Flexibility and Cost-Savings of MIPS® Processor for Growing Customer Base

MOUNTAIN VIEW, Calif., - November 20, 2006 MIPS Technologies, Inc. (NASDAQ: MIPS), a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications, today announced that Open-Silicon, Inc. has selected the MIPS32® 24Kc™ Pro processor core to power advanced custom ASIC solutions for complex System-on-Chips (SoCs). Open-Silicon has developed a business model that simplifies IP selection and integration for ASIC designers.

Open-Silicon has also licensed a 90-nanometer (nm) Core-Optimized IP Kit, jointly developed by MIPS Technologies and Virage Logic. This kit, comprised of Virage Logic's Area, Speed and Power (ASAP) Memory and ASAP Logic High-Speed (HS) IP, provides MIPS Technologies' customers with IP that has been specifically tuned to maximize the performance of MIPS32 processors.

MIPS Technologies and Virage Logic are valuable components of the OpenMODEL#153;, Open-Silicon's alternative to a traditional ASIC development process. Created to minimize risk, lower costs and boost the integrity of the final product, OpenMODEL gives customers access to qualified processor IP, manufacturing, test, and packaging providers, allowing them to make informed choices at every step of the development cycle. Open-Silicon's design methodology is then applied to produce reliable, predictable ASICs at significantly lower cost.

"Our unique business strategy works because our customers know that they have access to best-in-class, highly qualified intellectual property that will meet and exceed their design requirements," said Dr. Satya Gupta, vice president of engineering for Open-Silicon. "We're delighted to add the combined expertise of two industry leaders like MIPS Technologies and Virage Logic to our rapidly growing network of solutions partners."

"Open-Silicon's compelling business model provides chip makers with a smart strategy to succeed in a cost-conscious and highly competitive environment," said Brad Holtzinger, vice president of sales for MIPS Technologies. "We're looking forward to helping Open-Silicon's customers implement successful MIPS-Based#153; designs for a new generation of digital consumer products."

"We're very pleased that our collaborative efforts with MIPS Technologies and Open-Silicon are continuing to provide our mutual customers with integrated solutions that help them meet their high performance system design requirements," said Jim Ensell, senior vice president of marketing and business development for Virage Logic. "The Core-Optimized IP Kit targets the MIPS32 24Kc core for manufacture on TSMC's 90nm G process and can achieve clock frequencies of 660 MHz, providing higher performance than competitive solutions."

About MIPS Technologies.
MIPS Technologies, Inc. (NASDAQ: MIPS) is a leading provider of industry-standard processor architectures and cores for digital consumer, networking, personal entertainment, communications and business applications. The company drives the broadest architectural alliance that delivers 32- and 64-bit embedded RISC solutions to the embedded market, and in combination with its licensees, offers the widest range of robust, scalable processors in standard, custom, semi-custom and application-specific products worldwide. MIPS Technologies licenses its intellectual property (IP) to today's leading semiconductor companies, ASIC developers and system OEMs.
Today, MIPS-Based designs are integrated in millions of products around the world, including broadband devices from Linksys, digital cameras from Canon, DTVs and entertainment systems from Sony, DVD Recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco and laser printers from Hewlett Packard. Founded in 1998, MIPS Technologies is based in Mountain View, California, with offices worldwide. For more information, please contact (650) 567-5000 or visit http://www.mips.com.

About Open Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

Pyxis Technology Adds Dr. Naveed Sherwani to Technical Advisory Board

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Technical Advisory Board now includes experts in physical design automation, design, lithography and yield

SANTA CLARA, Calif.-February 6, 2007: Pyxis Technology, the DFM (design for manufacturability) routing company, announced today that Dr. Naveed Sherwani, co-founder, president, and CEO of Open-Silicon, Inc., the fabless ASIC company, has joined Pyxis' Technical Advisory Board (TAB).

"Naveed literally 'wrote the book' on physical design, ASICs and physical design automation," said Naeem Zafar, president and CEO of Pyxis. "His wide experience in technical engineering will add great value to our internal expertise and the input of our existing Board of Directors and TAB as we develop a next-generation router that can address yield and manufacturability issues during physical design implementation."

Dr. Sherwani has over 19 years experience in technical engineering and general management. Prior to founding Open-Silicon, he was the founder and general manager of Intel Microelectronics Services, where he led efforts to promote the use of disciplined ASIC methodologies to improve design efficiency and time-to-market. Dr. Sherwani co-architected the Intel microprocessor design methodology and environment that has been used in various leading microprocessors.

Dr. Sherwani has worked as a consultant for various telecommunications and computer companies, mainly focusing on ASIC design flow and cell library design to improve time-to-market. He also served as a professor at Western Michigan University, where his research concentrated on VLSI Physical Design Automation, combinatorics, and graph algorithms.

Dr. Sherwani is the author of the main textbook on physical design, which is widely used at major universities around the world. In addition, he has authored or co-authored various books and articles on physical design automation and ASICs and has been a frequent speaker at international technical conferences around the world. Dr. Sherwani received his PhD from the University of Nebraska-Lincoln.

"The groundbreaking technology that Pyxis is creating offers significant solutions for the DFM / DFY problems that designers and foundries are faced with. I am happy to join Pyxis' technical advisory board," said Dr. Sherwani.

Dr. Sherwani joins a distinguished group of experts in design, lithography, and yield already on Pyxis? Technical Advisory Board. The TAB includes Warren Grobman, Ph.D., a consultant in manufacturability-driven design who was director of design-to-manufacturing solutions for Motorola until he retired last year; Mark McDermott, principal and general partner in the Silicon Web Group and an adjunct assistant professor at the University of Texas; David Z. Pan, assistant professor and director of the University of Texas Design Automation Laboratory in Austin; and Riko Radojcic, a consultant to semiconductor and EDA companies who specializes in the integration of semiconductor process and design considerations.

About Pyxis
Pyxis Technology is creating software to address the problems that chip designers and foundries face in the physical design, layout, and routing of nanometer-scale integrated circuits (ICs) and systems on a chip (SoCs). The company is focused on DFM routing technology based on a new software architecture optimized for design for manufacturability, which reduces design closure cycle time while improving overall design yield. For more information, see www.pyxistech.com. Pyxis has offices in Santa Clara, California and Austin, Texas.

Open-Silicon Inc. Secures $10 Million in Growth Financing

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Bridgescale Partners Leads Financing Round, Joined By Norwest Venture Partners, Sequoia Capital, InterWest Partners, and Artis Capital Management

MILPITAS, Calif-March 14, 2007: Open-Silicon, Inc., a fabless semiconductor company providing a reliable, predictable and cost effective alternative to traditional chip design and supply chain models, announced today that it has raised $10 million in a Series D funding round led by led by late-stage and expansion venture capital fund Bridgescale Partners. Previous investors Norwest Venture Partners, Sequoia Capital, InterWest Partners, and Artis Capital Management also participated in this round. Open-Silicon will use the funding to aggressively scale and broaden their development offerings to support their growing customer base.

"Bridgescale specializes in providing expansion capital to late-stage, rapid-growth technology companies. Open-Silicon is fulfilling the market's need for a predictable and reliable ASIC solution and is a leader in predictability and reliability standards in the fabless industry," said Rob Chaplinsky, co-founder of Bridgescale Partners. "We are excited about Open-Silicon's contributions to the industry and look forward to being part of their continued growth."

"Open-Silicon has had phenomenal growth over the past three years," said Dr. Naveed Sherwani, president and CEO of Open-Silicon. "As we scale our business with tier 1 customers, they are asking us to expand our development offerings to complement their growth plans. This funding will enable us to support the needs of this key customer base while continuing to differentiate ourselves in the market."

About Bridgescale Partners

Bridgescale is a new venture capital firm focused on expansion venture investments in technology companies. Bridgescale's capital is sourced from some of the most respected institutional investors who have a long-term commitment to venture capital. Since its inception in 2006, Bridgescale has invested in four companies including Cortina Systems, a leading communications semiconductor company focused on the carrier infrastructure market; Digital Chocolate, a developer of games and applications for mobile phones; and Proofpoint, the leading provider of enterprise-class messaging security solutions.

The Bridgescale team has more than 70 combined years of operational, venture capital, and investment banking experience including broad transaction expertise spanning early-stage to public-market transactions.

Collectively, the team members have invested in more than 40 companies that were either sold or went public including Atheros, CNET, FormFactor, GeoCities, ONI Systems, Pivotal Technologies, Quantum Effects Design, SupportSoft, and Sycamore. In addition, they have advised on more than 35 M&A and financing transactions representing in excess of $25 billion in transaction value. For more information, please visit Bridgescale's Web site at www.bridgescale.com.

Collectively, the team members have invested in more than 40 companies that were either sold or went public including Atheros, CNET, FormFactor, GeoCities, ONI Systems, Pivotal Technologies, Quantum Effects Design, SupportSoft, and Sycamore. In addition, they have advised on more than 35 M&A and financing transactions representing in excess of $25 billion in transaction value. For more information, please visit Bridgescale's Web site at www.bridgescale.com.

About Open-Silicon, Inc.

Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

Open-Silicon Introduces Multi-Layer Mask Program

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Reduces Mask Costs by up to 50% for 90nm and smaller lithographies

First Program Introduction in the "Science of ASICs" Initiative

MILPITAS, Calif..- April 9, 2007- Open-Silicon, Inc., a fabless semiconductor company providing a reliable, predictable and cost effective alternative to traditional chip design and supply chain models, today announces a multi-layer mask program that offers ASIC customers a new option for cost-effective low and mid-volume ASICs. This introduction is the first in Open-Silicon's Science of ASICs initiative, which will feature a series of technology option additions to the OpenModel.

"Mask costs have received a lot of attention as a primary factor in the rising cost of ASICs. Many companies have tried to address rising mask cost concerns by creating platforms that predefine the metal layers. Multi-layer masks are the first solution that offers a cost-saving option for customers who need a full custom ASIC to differentiate their products in the market" said Dr. Shafy Eltoukhy, Vice President of Manufacturing Operations at Open-Silicon. "Multi-layer masks are particularly cost-effective for companies that need low or medium volumes at 90nm or smaller processes nodes."

Multi-layer masks reduce total mask cost by writing multiple mask layers of the same mask grade onto one reticle.

MLM_graphic

"The focus of Open-Silicon has always been to dramatically increase the predictability, reliability, and cost-effectiveness of ASICs so that our customers can continue to differentiate their products with custom silicon" said Dr. Naveed Sherwani president and CEO of Open-Silicon. "I am excited to announce our Science of ASICs initiative. The multi-layer mask program is the first of several innovative technology alternatives that we will introduce this year to give ASIC customers cost-effective ASIC solutions."

About Open-Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

Open-Silicon Inc. Acquires IP Assets of Zenasis Technology

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Acquisition enables Open-Silicon to Increase Speed, Power, and Time-to-Market Solutions for ASICs

MILPITAS, Calif.- May 7, 2007 - Open-Silicon, Inc., a fabless semiconductor company delivering a reliable, predictable and cost-effective alternative to traditional chip design and supply chain models, today announces it has acquired the key intellectual property assets of Zenasis Technology. This acquisition expands Open-Silicon's Science of ASICs initiative.

"The focus of Open-Silicon's standardized design methodology is to address the challenges of complex ASIC design in a disciplined manner to produce cost-effective ASICs, with predictable on-time schedules and reliable working first-time silicon results." said Dr. Naveed Sherwani, president and CEO of Open-Silicon, Inc. "By incorporating this new technology, we will be able to optimize our customer's designs for performance, power, and area, and improve their time to market, which will allow them to differentiate themselves in the market. This is exactly what the ASIC market needs."

Most ASIC implementation tools optimize a design at the standard cell level and physical design levels only. The acquired Zenasis technology will enable Open-Silicon to combine the benefits of increased performance and power through design-specific cell creation by concurrently analyzing and optimizing designs at standard cell, physical and transistor levels. ASIC designs with embedded processor cores can greatly benefit from this technology. By using transistor-level design and analysis techniques, embedded processor cores running at the highest frequencies can be realized. For example, a processor core whose frequency would otherwise limit its applicability to specific markets applications due to performance could now be increased by up to 10% to meet broader markets such as video or communication.

"We are excited about the acquisition of Zenasis' hybrid optimization technology," said Dr. Satya Gupta, vice president of engineering at Open-Silicon. "By incorporating this new technology into our design flow, we will be able to give ASIC customers access to technology enhancements that were previously only available to high-end IDM customers. This technology will help Open-Silicon bridge the performance gap between standard cell based ASIC designs and custom designs."

About Open-Silicon, Inc.
Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

Open-Silicon Adopts Synopsys DFT MAX to Lower the Manufacturing Cost of ASICs

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Synopsys DFT MAX Chosen as a Key Ingredient of a Cost-Effective Test Strategy

MOUNTAIN VIEW, Calif.-May 17, 2007-Synopsys, Inc. (Nasdaq: SNPS), a world leader in semiconductor design software, today announced that Open-Silicon, a leading supplier of predictable, reliable and cost-effective ASIC solutions, has adopted Synopsys' DFT MAX scan compression solution to substantially reduce the cost of testing ASICs. DFT MAX lowers test costs by significantly reducing the amount of time and data required to test digital circuits. Open-Silicon requires scan compression solutions for 130-, 90- and 65-nanometer (nm) designs that are easy to implement and have minimal impact on their established design flows. Using DFT MAX, Open-Silicon's design team easily achieved a 90-percent test application time reduction for scan testing. The ease of implementation and predictable results solidified Open Silicon's decision to adopt DFT MAX for use with its existing Galaxy Design Platform flows.

"Optimizing costs is a key element to the success of our OpenMODEL," said Dr. Satya Gupta, vice president of Engineering at Open-Silicon. "We carefully evaluated many different aspects of the Synopsys DFT MAX scan compression solution, from the way it performed with different compression parameters to its effect on downstream flows and fault coverage. In all aspects, DFT MAX produced results to our satisfaction: the tool substantially reduced test time and test data volume with very low gate/routing area and timing impact. We anticipate these capabilities will yield significant benefits for our customers."

DFT MAX utilizes advanced scan compression technology to substantially reduce both test application time and test data volume compared with traditional scan techniques. DFT MAX's key advantage is that it is easy to implement and is far less intrusive on design flows and design performance than alternative methods. Fragmented, bolt-on flows requiring separate design synthesis and test compression insertion steps can break critical timing, add routing congestion and necessitate subsequent re-optimization. In contrast, DFT MAX is integrated with the Galaxy RTL, physical and sign-off design flows to help eliminate costly, time-consuming design iterations between synthesis and physical implementation. Simultaneously, designers can achieve convergence of timing, power, area and test.

"Today, successful fabless ASIC companies are differentiated by their ability to embed high reliability into their products while remaining competitive on price," said Graham Etchells, director of Test Automation Marketing at Synopsys. "Open-Silicon's decision to adopt DFT MAX is a clear indication that Synopsys has the portfolio of products and solutions to enable our customers to meet these challenges and achieve their business goals."

About Open-Silicon

Open-Silicon, Inc. is a fabless ASIC company delivering the most cost-effective, predictable and reliable custom ASIC solution to electronics product customers worldwide. Open-Silicon's OpenMODEL™ is the semiconductor industry's first end-to-end custom ASIC solution based on a revolutionary business model that provides a seamless, low-cost, low-risk alternative to traditional models for complex ASIC design and development. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

About Synopsys

Synopsys, Inc. (Nasdaq: SNPS) is a world leader in electronic design automation (EDA) software for semiconductor design. The company delivers technology-leading semiconductor design and verification platforms and IC manufacturing software products to the global electronics market, enabling the development and production of complex systems-on-chips (SoCs). Synopsys also provides intellectual property and design services to simplify the design process and accelerate time-to-market for its customers. Synopsys is headquartered in Mountain View, California, and has more than 60 offices located throughout North America, Europe, Japan and Asia. Visit Synopsys online at http://www.synopsys.com.

Synopsys and Galaxy are registered trademarks or trademarks of Synopsys, Inc. Any other trademarks mentioned in this release are the intellectual property of their respective owners.


Open-Silicon CEO Dr. Naveed Sherwani elected to Global Semiconductor Alliance Board of Directors

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MILPITAS, Calif.--December 3, 2007-- Open-Silicon, Inc., a fabless semiconductor company providing a reliable, predictable and cost-effective alternative to traditional chip design and supply chain models, announced today that Dr. Naveed Sherwani has been elected to a 3 year term on the board of directors of the Global Semiconductor Alliance (GSA), formerly known as the Fabless Semiconductor Association. The Board of Directors includes 20 executives selected by the Alliance's semiconductor members.

"Dr. Sherwani brings the unique perspective of an executive who has served the industry in the educational realm as a professor and textbook author, worked for a large semiconductor company, and as an entrepreneur who has founded two successful fabless semiconductor companies to his position on the board of directors for the GSA.

"I am honored by the confidence my industry peers demonstrated by electing me to this board" said Dr. Naveed Sherwani. "I am excited about the opportunity to leverage my technical expertise and innovative business ideas to help shape the focus of the GSA on evolving the IC supply chain into an open model that drives accelerated growth."

About Dr. Naveed Sherwani

Dr. Sherwani has over 20 years of experience in technical engineering and general management and currently serves as the President and CEO of Open-Silicon, which he founded to bring cost-effectiveness, predictability and reliability to the ASIC market. Prior to founding Open-Silicon, Dr. Sherwani was the founder and General Manager of Intel Microelectronics Services, where he led efforts to promote the use of disciplined ASIC methodologies to improve design efficiency and time-to-market. Naveed currently serves on the Board of Directors of Integration and the Technical Advisory Board for Pyxis Technology. Naveed served as a Professor at Western Michigan University and is the author of the main textbook on Physical Design, "Algorithms for VLSI Physical Design Automation," which is widely used at major universities around the world. Dr. Sherwani received his Ph.D from the University of Nebraska-Lincoln.

About Open-Silicon

Open-Silicon, Inc. is a fabless ASIC company that was founded to set new standards for the predictability, reliability, and cost-effectiveness of ASICs and enable our customers to differentiate their products with custom silicon. Through our "Science of ASICs" initiative we continue to introduce technology advantages that help our customers increase their chance for success in the market. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

Open-Silicon Books 100th Design Win

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Open-Silicon delivers the "Science of ASICs" to a wide range of customers

MILPITAS, Calif. - October 18, 2007- Open-Silicon, Inc., a fabless ASIC company providing a reliable, predictable and cost-effective alternative to traditional chip design and supply chain models, announced today that it has passed a major milestone and crossed the 100 Design Win threshold.

These worldwide wins include designs for customers in a wide spectrum of industry segments including wireless and mobile, consumer, digital entertainment, computing, storage and networking, security, and telecommunications. This includes early 0.25um and 0.13um wins from 2003, to more recent
90nm, 65nm and even 45nm design wins. More than 35 of the design wins have been for large public companies worldwide.

"Open-Silicon has been an agent for change in the ASIC market from the moment they launched their innovative business model," stated Pierre Lamond of Sequoia Capital. "Their ability to book 100 design wins in four years is a testament to the market's need for highly predictable and reliable custom silicon. Open-Silicon's skill at delivering on their customer's critical time-to-market requirements is what makes them one of the fastest growing companies in the market."

"Open-Silicon has had incredible growth over the past four years," said Dr. Naveed Sherwani, president and CEO of Open-Silicon. "By bringing freedom of choice to the traditionally inflexible chip supply chain, we have enabled electronics products customers worldwide to differentiate their products with custom silicon -- and ultimately increase their chances for success in the market."

About Open-Silicon

Open-Silicon, Inc. is a fabless ASIC company that was founded to set new standards for the predictability, reliability, and cost-effectiveness of ASICs and enable our customers to differentiate their products with custom silicon. Through our "Science of ASICs" initiative we continue to introduce technology advantages that help our customers increase their chance for success in the market. For more information, visit Open-Silicon"s website at www.open-silicon.com or call 408-240-5700.

Open-Silicon Adopts Broad Range of MIPS® Cores to Speed Time-to-market for Next-generation ASIC Designs

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MOUNTAIN VIEW, Calif.-June 24, 2008-- MIPS Technologies, Inc. (Nasdaq: MIPS), a leading provider of industry-standard architectures, processors and analog IP for digital consumer, home networking, wireless, communications and business applications, and Open-Silicon, Inc., a fabless ASIC company providing a reliable, predictable and cost-effective alternative to traditional chip design and supply chain models, today announced they are teaming to enable chip design companies to get their custom ASIC designs to market faster than ever before.

Through the agreement, Open-Silicon gains access to a wide array of optimized and synthesizable MIPS32® cores, and the knowledge gained through leveraging the cores in multiple designs. Open-Silicon customers can select the core that is right for their design, from low-power cores for next-generation mobile devices to multi-threaded cores that boost system performance while reducing SoC die area, cost, and power consumption for today's converged devices. With proven IP and Open-Silicon's design and integration expertise, customers can get differentiated products to market quickly and easily at the lowest possible cost.

"Selecting and integrating quality IP is rapidly becoming the biggest challenge for ASIC designers, who need IP that differentiates their product and will function as promised for first-time working silicon," said Scott Houghton, vice-president, Open-Silicon. "We offer customers freedom of choice for their ASIC designs - giving them the best possible solutions at each step of the development process. MIPS Technologies has some of the best IP solutions available for the digital home and beyond, and we are pleased to offer customers the confidence that comes from our experience with a range of proven MIPS® cores."

"Open-Silicon is a unique company offering an end-to-end solution for ASIC development helping customers reduce development time and costs," said Brad Holtzinger, vice president of sales, MIPS Technologies. "We are pleased that Open-Silicon has reaffirmed its commitment to MIPS-Based™ solutions by integrating a broad selection of our cores into its pre-qualified IP portfolio. Its customers will benefit from the distinct advantages offered by MIPS cores for their next-generation electronic products."

MIPS Technologies cores are key components of Open-Silicon's OpenMODEL, which provides customers with access to qualified processor IP, manufacturing, test, and packaging providers. The OpenMODEL allows customers to make informed choices at each step of the development cycle to minimize risk, lower costs and boost end product integrity. Open-Silicon's design methodology is then applied to produce reliable, predictable ASICs at significantly lower cost.

About Open-Silicon, Inc.

Open-Silicon, Inc. is a fabless ASIC company that was founded to set new standards for the predictability, reliability, and cost-effectiveness of ASICs and enable our customers to differentiate their products with custom silicon. Through our "Science of ASICs" initiative we continue to introduce technology advantages that help our customers increase their chance for success in the market. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

About MIPS Technologies, Inc.

MIPS Technologies, Inc. (NasdaqGS: MIPS) is the world's second largest semiconductor design IP company and the number one analog IP company worldwide. With more than 250 customers around the globe, MIPS Technologies is the only company that provides a combined portfolio of processors, analog IP and software tools for the embedded market. The company powers some of the world's most popular products for the digital entertainment, home networking, wireless, and portable media markets including broadband devices from Linksys, DTVs and digital consumer devices from Sony, DVD recordable devices from Pioneer, digital set-top boxes from Motorola, network routers from Cisco, 32-bit microcontrollers from Microchip Technology and laser printers from Hewlett-Packard. Founded in 1998, MIPS Technologies is headquartered in Mountain View, California, with offices worldwide. For more information, contact (650) 567-5000 or visit www.mips.com.

Chris King Joins Board of Directors of Open-Silicon, Inc.

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MILPITAS, CA-July 8, 2008: Open-Silicon, Inc., a fabless semiconductor company providing a reliable, predictable and cost-effective alternative to traditional chip design and supply chain models, today announced that Chris King has joined its Board of Directors.

Ms. King has served as the CEO of AMIS Semiconductor (recently acquired by ON Semiconductor), taking the company public in September 2003. She led AMIS through six acquisitions during her tenure. Prior to joining AMIS, King was vice-president of Semiconductor Products for IBM's Microelectronics Division and launched the company's ASIC business in 1993 growing it to the number one ASIC business in the world. In addition to her Board seat at Open-Silicon, Ms. King serves on the Boards of Atheros Communications, Inc. (NASDAQ: ATHR), Idaho Power Company, an IDACORP company (NYSE: IDA) and ON Semiconductor (NASDAQ: ONNN).

"Open-Silicon has established a reputation as an agent of change in the ASIC market and we have had phenomenal growth in our first four years of business. Chris's experience and leadership as a pioneer in the ASIC industry will help us to accelerate our next phase of growth and offer our customers even more compelling solutions," stated Dr. Naveed Sherwani, CEO and president of Open-Silicon.

"I have been impressed with the impact that Open-Silicon's innovative business model has had on the ASIC market and I look forward to working with Naveed and the rest of the Open-Silicon board," remarked Chris King.

About Open-Silicon, Inc.

Open-Silicon, Inc. is a fabless ASIC company that was founded to set new standards for the predictability, reliability, and cost-effectiveness of ASICs and enable our customers to differentiate their products with custom silicon. Through our "Science of ASICs" initiative we continue to introduce technology advantages that help our customers increase their chance for success in the market. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

Open-Silicon, Inc. Announces Corporate Expansion in Response to Rapid Business Growth

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MILPITAS, CA-July 29, 2008: Open-Silicon, Inc., the leading fabless ASIC company providing the most reliable, predictable and cost-effective alternative to traditional chip design and supply chain models, today announced the hiring of four key personnel. Joining Open-Silicon are William J. DeWilkins, director of test, Al Di Cicco, senior director of sales, Cyrus Fathi, director of quality and reliability, and Robert Fulton, senior staff IP applications engineer.

"We've built our leadership by delivering successful, efficient, cost effective ASIC designs on time and based on an open model," said Dr. Naveed Sherwani, CEO and president of Open-Silicon. "Our ongoing growth and success is a testament to our technical expertise and patents in both front and back end design. These new hires support our commitment to technical leadership."

DeWilkins has been involved in managing global test engineering teams for over 15 years, defining and implementing technical support and customer training. DeWilkins managed his own test consulting firm and held positions with Agilent, National Semiconductor, and others. This included coordination and management of the customer facing account teams.

Di Cicco brings 25 years experience in ASICs, ASSPs and subsystem sales, with a strong focus in storage. He has held senior sales management and business development positions at Agere Systems, LSI, and most recently PMC-Sierra. Di Cicco has worked with a majority of the storage semiconductor industry leaders, focused on Fibre Channel, SAS, SATA and Infiniband platform development.

Fathi has a strong technical background spanning 19 years in Operations, Product & Test Engineering. He has worked on a number of cutting-edge products, from high-volume, low-margin memory chips and modules, to highly complex SOC chips implementing a variety of technologies, including non-volatile and volatile memories and high-speed microprocessors. Fathi has held positions at Altierre Corp, Raza Microelectronics, Alliance Semiconductor, and Altera Corp.

Fulton is well known for his work on SerDes and brings 26 years of technology expertise to the Open-Silicon team. He has an in-depth knowledge of and experience in data communications, digital/analog electronic design, embedded processor hardware and software, high-speed serial technologies and a number of standards and protocols. Fulton has held positions with leading semiconductor companies such as AT&T, Lucent Microelectronics, Agere Systems, LSI Corp, Global Village Communication Inc. and US Robotics.

About Open-Silicon, Inc.

Open-Silicon, Inc. is a fabless ASIC company that was founded to set new standards for the predictability, reliability and cost-effectiveness of ASICs and enable our customers to differentiate their products with custom silicon. Through our "Science of ASICs" initiative we continue to introduce technology advantages that help our customers increase their chance for success in the market. For more information, visit Open-Silicon's website at www.open-silicon.com or call 408-240-5700.

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