Faraday Appoints Andy Chao as Company Spokesperson

HSINCHU Taiwan and SUNNYVALE CA, October 14, 2004 -- Faraday Technology Corporation (TAIEX: 3035), a leading fabless ASIC and IP provider, announced the appointment of Andy Chao as the new Company Spokesperson.

Andy Chao began his career with Industry Technology Research Institute and quickly risen to the rank of strategic project planner which he was responsible for a variety of projects on SoC & IP development and implementation . Prior to joining Faraday Technology Corporation in April 2000, Andy Chao was also a senior design consultant with Synopsys PSG (Professional Service Group) where he was engaged in the IP reuse solution planning and high-level verification solutions infrastructure building up.

Under Andy Chao leadership, his team has helped Faraday with the establishment of the platform-based SoC design service infrastructure which was recently featured in the Faraday Technology Forum 2004.

“I am very pleased with this appointment,” said H.P. Lin, Faraday President, “Andy Chao has many years of relevant experience in our industry. It is a real boost to the company that we have a person with such high caliber as our spokesperson.”

“Andy Chao is extremely insightful with market trends. It is rare to find someone with experiences encompassing both marketing and technology. I am confident that he will be able to continue on the course of conveying Faraday's true value to our investors and partners as I have done so in the past",said Frankwell Lin, VP of Sales & the formal Company Spokesperson.

Andy Chao received a master's degree in computer science from Tsing Hua University , Taiwan . He is also the recipient of several professional awards and patents and has published numerous articles in the nationally acclaimed journals.

About Faraday Technology Corporation
Faraday Technology Corporation is a leading silicon IP and fabless ASIC vendor. The company's broad IP portfolio includes 32-bit RISC CPUs, DSPs, and PHY/Controllers for USB 2.0, Ethernet, and Serial ATA. With more than 500 employees and 2003 revenue of $111 million, Faraday is one of the largest fabless ASIC companies in the Asia-Pacific region, and it also has a significant presence in other world-wide markets. Headquartered in Taiwan, Faraday has service and support offices around the world, including the U.S., Japan, Europe, and China. For more information, please visit: http://www.faraday-tech.com