Intrinsity Readies 2 GHz Embedded Processors

FastMATH™ and FastMIPS™ Silicon Operating at 2 GHz, On Schedule for Sampling This Month

AUSTIN, Texas (December 3, 2002) - Intrinsity, Inc., the high-performance leader in embedded microprocessors, today announced that first silicon of its FastMATH™ Adaptive Signal Processor™ device and FastMIPS™ high-performance MIPS-based™ embedded processor operates at 2 GHz under nominal temperature and voltage conditions and is on schedule for December customer sampling.

Fabricated in Taiwan Semiconductor Manufacturing Company, Ltd.'s standard 0.13 µm LV CMOS process, FastMATH and FastMIPS processors benefit from Intrinsity's patented Fast14™ Technology, which enables multi-GHz performance with low power from small design teams.

"With 2 GHz silicon, Intrinsity's engineering team has demonstrated the advantages of Fast14 Technology in a complex microprocessor." stated Paul Nixon, president and chief executive officer, Intrinsity. "Our products prove that multi-Gigahertz processors can be delivered by a small chip team in less than eighteen months. We are pleased with the demand for samples from a variety of customers in several markets."

"It isn't often that a company can make a breakthrough technology claim like Intrinsity did last year and then back it up with product and in a timely fashion. Intrinsity has shown that it can execute and has the potential to be the performance leader in software-programmable signal processing markets," said Will Strauss, president of Forward Concepts.

Intrinsity's 2 GHz FastMATH microprocessor integrates an innovative matrix math unit with the MIPS-based processor architecture to deliver unprecedented real-time and math-intensive processing performance in applications that would otherwise require expensive FPGAs, banks of DSPs or power-hungry desktop CPUs. Unlike those products or exotic alternatives, the FastMATH microprocessor is fully-programmable, scaleable, and is supported by industry-standard software development tools.

About Intrinsity
Intrinsity, Inc. is a fabless semiconductor company enabling the creation of more powerful, real-time and intelligent embedded systems. Founded in May 1997 with headquarters in Austin, Texas, and offices in Boston, England, and Japan, Intrinsity has introduced 2 GHz processors for embedded markets with the programmable performance needed to replace expensive hardware with flexible software. For more information about the company visit its Web site at www.intrinsity.com.

Intrinsity™, FastMATH™ and Fast14™ Technology are trademarks of Intrinsity, Inc. MIPS® is a registered trademark and MIPS32™, FastMIPS™, and MIPS-based™ are trademarks of MIPS Technologies, Inc. All other trademarks are for reference purposes only and are the property of their respective owners.