Innovative Silicon hires Mark-Eric Jones as CEO

Silicon Valley executive joins memory technology start up

Lausanne, Switzerland, September 27, 2004 – Innovative Silicon, a privately-held semiconductor company funded by Index Ventures, Auriga Partners, Highland Capital Partners and Soitec announced that Mark-Eric Jones has joined the company as Chief Executive Officer. Most recently, Mark-Eric Jones served as Vice President & General Manager for the IP licensing business of MoSys (NASDAQ:MOSY) which he joined in 1998. Previously he was CEO and founder of 3Soft Corporation and continued to lead Mentor Graphics Corporation (NASDAQ:MENT) IP business unit “Inventra” after Mentor acquired 3Soft in 1996.

“We are delighted to welcome Mark-Eric to Innovative Silicon”, commented Pierre Fazan, founder and CTO of Innovative Silicon. “His general management and track record of building a successful IP licensing business for memory technology will be invaluable in helping the company through its next steps of growth”.

“I am very impressed by the technology that the team at Innovative Silicon has developed and excited to participate in a venture that promises to have a significant impact on the semiconductor industry” said Mark-Eric Jones.

Mr. Jones has been elected to serve on the board of directors of Innovative Silicon and will initially be based at the company’s Lausanne R&D centre.

 Website : http://www.innovativesilicon.com