eASIC Expands its Global Presence to Korea By Signing An Agreement with Advanced Design Technology (ADT)

San Jose, California, March 22, 2005 -- eASIC^® Corporation, a provider of Configurable Logic and Structured ASIC products, today announced the expansion of its award-winning Configurable Logic products to Korea through partnership with ADT (Advanced Design Technology, Korea), Co Ltd, a Fabless semiconductor company providing semiconductor design services and products using state-of-the-art System-on- Chip (SoC) implementation technologies. ADT has joined eASIC’s DSR (Design Service Representative) program and signed the partnership agreement. As part of this agreement, ADT will sell eASIC’s Structured ASIC products in Korea and also provide design services and support per the customer needs. This expansion is part of eASIC’s aggressive growth plans for Asia Pacific and inline with its channel distribution sales strategy.

“We are pleased to have ADT join our DSR partnership plan,” said Salah Werfelli, eASIC Executive Vice President of Strategic Business Worldwide. “We realized an increasing demand in Korea for rapid-turn and low-cost configurable logic solution. eASIC’s NRE-free offering allows for ‘no-barrier design start’ and enables quick ramp to volume production. Our innovative products can now be delivered with comprehensive local support and design services in the local language. We look forward to continue helping our customers to achieve lower total costs and higher performance together with ease-of-design.”

“We are very excited to represent eASIC in Korea and be able to provide our customers with a very cost-efficient and high performance Structured ASIC solution”, said Sang Jo, ADT Executive Vice President. “We believe that semiconductor design is the foundation of our country’s technology and ADT is aimed at contributing to construct a world-class semiconductor production with superior customer service. eASIC’s innovative technology is of great value as we continuously look for ways to use leading-edge technologies and complete our customers’ ASIC designs in short time-to-market and with low-cost.”

About eASIC

eASIC^® has developed a breakthrough Configurable Logic technology aimed at dramatically reducing the overall fabrication cost and time of customized high-performance semiconductor chips. Its Structured eASIC architecture enables rapid and low-cost ASIC and SoC (System-on-Chip) designs by innovative use of proven programmable logic fabric in conjunction with single-via customizable segmented routing. As single-via generates ten times higher throughput of Direct-write e-Beam customization, it enables eASIC to offer NRE-free Structured ASIC. The Structured eASIC technology was successfully proven in silicon and validated by world-class semiconductor vendors. Partnering with industry leaders to jointly develop, manufacture and market Structured ASIC products, the company is positioned to become the preferred Structured ASIC solution.

eASIC Corporation is a privately held company, Venture Capital backed by Kleiner Perkins Caufield and Byers. Headquartered in San-Jose, California, eASIC was founded in 1999 by Zvi Or-Bach, the founder of Chip Express.
www.eASIC.com

About ADT

ADT is the leading SoC Design Services provider focused on delivering state-of-the-art design solutions to its customers. ADT has realized rapid growth dramatically in SoC design services market with complete design and engineering services by lowering their costs and reducing their time to market. And it also has developed IPs such as LVDS Rx/Tx, Mini-LVDS, RSDS, PLL and DLL to offer its customers top-notch design solutions. Headquartered in Bundang-gu near Seoul in Korea and founded in 2002. For more information, please visit: www.adtek.co.kr