eInfochips to set up 2nd design center at Pune; Targets 80% growth in 2006-07

Pune, April 5, 2005 – eInfochips, India’s fastest growing provider of electronic design services to global blue-chip technology companies, today announced the setting up of its second design centre in Pune. The new design center spread over an area of 10,000 sq feet will house more than 75 engineers, doubling eInfochips’ headcount at Pune.

eInfochips achieved a turnover of $10.4 Million in the financial year 05-06 and is targeting 80% growth in 2006-7.

“Our endeavor is to continuously seek new ways to add value and benefits to our partners. When you combine access to Pune’s existing talent pool and academic infrastructure for developing strong engineering resources, we feel that Pune is an ideal location for forwarding eInfochips expansion plans” says Pratul Shroff, CEO, eInfochips.

eInfochips already has 2 state-of-the-art design centers, one each in Ahmedabad and Pune, employing over 450 design engineers across both locations. The Pune center has in the last year contributed 15% to eInfochips’ overall turnover.

“The New Pune Design Center will house an embedded lab for developing reference designs for Video surveillance and Videoconferencing applications on DaVinci™ technology from Texas Instruments Incorporated (TI). In addition, the new center will include a center of excellence for Vera and SystemVerilog based chip verification” says Tapan Joshi, V.P - Marketing, eInfochips.

eInfochip’s existing design center at Pune has completed one year of operation and has executed projects for QLogic and developed new embedded tools and testing suites for the Tensilica processor. eInfochips provides solutions and services to leading technology companies like Qlogic, Texas Instruments, ATI, Synopsys, Ponico, Rambus, Cypress Semiconductor and Navionics.

About eInfochips

eInfochips Inc., based in Santa Clara, CA, is a leading provider of ASIC design services, Embedded systems solutions and IP cores. The Company combines innovative business and development models worldwide to deliver total solutions for technology companies. eInfochips’ capabilities extend from Specification to Silicon to System: with domain expertise spanning ASIC/SoC Design and verification, automated verification methodologies using HVL, eVC development, physical layout & implementation, firmware development, DSP hardware & algorithms and board design. For more information, visit www.einfochips.com