eInfochips to double headcount

Expand presence to tap markets in Europe and Asia

Ahmedabad, June 16, 2005:- eInfochips, a leading chip & systems design services firm with "spec-to-silicon-to-system" capabilities based in Santa Clara, USA and Ahmedabad, India, plans to double the headcount at its research and development centers this year and tap new markets.

The company plans to increase the headcount at its design centers from the current strength of 270 engineers to over 550 engineers. eInfochips has a state-of-the-art 40000 sq. ft. design center employing over 250 design engineers in Ahmedabad. Last year it set up a new development and design facility in Pune. The Pune Center is executing offshore projects for global blue chip technology companies like QLogic and Tensilica.

"The demand for technology services is large and we see ourselves growing rapidly. The market potential for outsourced engineering services is estimated to lie between $ 7 to $12 billion and around 20% of the value is being outsourced to third party vendors in countries like India, Taiwan and China which highlights significant untapped potential. We will recruit a large number of engineers this year and offer them an opportunity to work on cutting edge technology like GPS navigation, digital MP3 players, video-on-demand, UWB (wireless) and SAN (storage area networking),'' says Pratul Shroff, President & CEO, eInfochips.

eInfochips will expand its operations in US, Europe and the Asia Pacific Region. "We plan to open our first office in Europe either in UK or Germany, while for Asia-Pacific region, Japan is under active consideration," says Shroff. eInfochips has recently opened up two more sales offices in US in Boston and Austin, and one sales office in India at Banglore.

"eInfochips has been founded with a singular vision: to build an enduring, world-class technology services organization to serve customers globally. People are the key in realizing this vision. We are strongly focused on helping each individual maximize his potential," says Shroff.

eInfochips has specialization in design and verification of Application Specific Integrated Chips (ASIC) and provides embedded systems solutions, application software and IP cores to world's best-known technology companies such as Samsung, Texas Instruments, Cadence, Rambus, Qlogic, Tensilica, Cypress Semiconductor, Agere, Navionics, Sun Microsystems and NetEffect.

eInfochips has proven competencies in the complete product development life cycle, right from Hardware Design, Firmware Development, Multimedia Codecs, Communication stacks, and application development. 'DSPKarma™' is the suite of DSP Services that includes DSP Hardware, Software and System Integration. eInfochips has also recently introduced 'ChipMaestro'- the industry's first suite of solutions and services, as a single source of offshore expertise in the design, development and verification of SoCs, ASICs or FPGAs for the communications and computer peripheral markets.

For more information, visit http://www.einfochips.com