Geo Semiconductor Inc. Launches Operations

Acquires Significant Portion of Silicon Optix IC Businesses and IP Portfolio

Sunnyvale, CA June 11, 2009 - Geo Semiconductor Inc. “GEO” today announced its formation and acquisition of major IC business lines and key elements of the IP portfolio of Silicon Optix Inc., including the Realta and the Geo ICs.

GEO was founded by Paul Russo, Chairman and CEO, who formerly served as founder and CEO of Silicon Optix, Inc. and of Genesis Microchip. GEO is focused on providing the next-generation of video processing for HD and beyond by transitioning its award winning and branded (HQV – Powered by Teranex) video algorithm execution to a software platform, allowing customers to selectively integrate their own IP for product differentiation (Digital Video 2.0 – TM). In addition, GEO’s unique advanced geometry processing takes advantage of the emerging transition to semiconductor illumination sources and will enable a host of high volume applications from picoprojectors to next-generation laser TV’s (Digital Projection 2.0 – TM), as well as digital immersive displays and surveillance systems. It will also enable improvements in brightness and color uniformity in large panel displays.

GEO has a large number of leading, tier 1 customers in production utilizing both the Realta and Geo ICs in products that include advanced projectors, DVD players, medical and military displays, video walls, dynamic signage, home theater, education systems and AVRs.

Additionally, GEO has assembled a highly seasoned team consisting of former Silicon Optix executives and other industry veterans. Mike Hopton, VP of Operations and GM based in Toronto, held the same position at Silicon Optix and Genesis Microchip. Madhu Rayabhari, VP of Marketing & Business Development, held similar positions at Microsemi and PowerDsine Inc.

"We are pleased to announce the formation of Geo Semiconductor," said Dr. Paul Russo, CEO of Geo Semiconductor. "Our company is focused on enabling customers to offer market leading video and geometry processing capabilities, which is increasingly important as the industry transitions to larger displays that require more pixels (displays and sensors) and solid state illumination (HBLED and laser). We are committed to extending a long history of innovation and market leadership that was initiated at Genesis Microchip as well as at Silicon Optix.”

Geo Semiconductor will be headquartered in Silicon Valley with operations and development centers in Toronto, Canada and Orlando, Florida. More details can be found on the company website at http://www.geosemi.com

About Geo Semiconductor

Geo Semiconductor is an industry leader in programmable, high performance, geometry processing IC solutions that deliver exceptional video quality at resolutions of 1080P and beyond.

Geo Semiconductor’s ICs have found broad acceptance in such systems as advanced Projectors, DVD players and AVRs with industry leading customers. Geo Semiconductor is headquartered in Sunnyvale, California with offices around the world. For more information visit http://www.geosemi.com