Sankalp Semiconductor Enters into a Sales Agreement with ChipStart to Promote GPIO IP

Palo Alto, California, October 29, 2010 - Sankalp Semiconductor, a leading semiconductor design services and IP provider, announced today that the Company has entered into a sales agreement with ChipStart, a leading semiconductor intellectual property and silicon solutions company. The agreement states that ChipStart will distribute Sankalp’s GPIO IP resulting in increased geographical coverage for Sankalp Semiconductor. According to the sales agreement, ChipStart has rights to distribute Sankalp Semiconductor’s entire GPIO IP portfolio. Sankalp Semiconductor has silicon proven GPIO libraries in 65 nm TSMC GP and 40 nm TSMC G processes. A road map has been put in place to develop future libraries to support our valued customers’ needs.

"We are very pleased to sign a sales agreement with ChipStart," Mr. Samir Patel, President of the Company commented. The strength and special niche ChipStart has in the market place was the major factor in the decision making process of Sankalp Semiconductor’s management team to sign this sales agreement with ChipStart. 

“Quality of the IP and service provided by Sankalp Semicondutor made our decision easy and we plan to cooperate with them beyond this agreement,” Mr. Howard Pakosh, CEO of ChipStart mentioned.

About Sankalp Semiconductor  - Sankalp Semiconductor is an AMS semiconductor service provider that provides services to some of the largest semiconductor companies in the world. Sankalp was founded in 2005 by a team of industry experts. Sankalp’s mission is to create a world-class technology hub of mixed-signal semiconductor services and solutions. There are three key aspects by which the mission is being accomplished. First, work from second tier cities of India, which provides a balanced life-work environment allowing energy to be spent on deep technical issues. Second, attract proven technical leaders with entrepreneurial zeal to join Sankalp as partners, giving them complete freedom to define their own destiny. Third, work closely with some of the topmost colleges in the country by being physically close to the college campus – this takes care of scalability and forward looking ecosystem creation across diverse job domains. In recent years Sankalp has strengthened its position in the industry and employs 120 engineers across multiple sites. For more information, see www.sankalpsemi.com

About ChipStart

ChipStart is a semiconductor intellectual property and silicon solution company based in Palo Alto, California. ChipStart provides sales, marketing, and support engagement solutions for companies that commerce third party semiconductor intellectual property, high quality pre-verified subsystem solutions, analog/mixed-signal silicon solutions, and supporting design services for ASIC and fabless semiconductor companies. ChipStart solutions are used as critical components of communications, consumer and computer products including switches, routers, modems, cellular phones, set-top boxes, HDTVs, DVDplayers and PCs. For more information, see www.chip-start.com