Faraday Monthly Sales Report - May 2006

HSINCHU, TAIWAN – June 7, 2006 -- Faraday Technology Corporation (TAIEX: 3035) (“Faraday”) today announced that revenues for May 2006 totaled NT$510,271 thousand, 3.6% up from the same period last year.

A break down of May's revenues includes 70.4% from ASIC, 14% from Design Service, and 15.6% from IP.

Table 1: Faraday May Sales Report (Unit: NT$ thousand)

(1): Year 2006 figures have not been audited.

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, MPEG4, H.264, PHYs/Controllers for USB 2.0, 10/100 Ethernet, Serial ATA, PCI Express, Cell Library, Memory Compiler. With more than 600 employees and 2005 revenue of US$175 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