Ittiam Systems announce strategic relationship with Silicon Laboratories to build SOC (System On Chip) Design Competency

Bangalore. May 07, 2003 - Ittiam Systems today announced a strategic relationship with Silicon Laboratories Inc. to develop SOC (System On Chip) designs for the mixed-signal IC market. The partnership will combine Ittiam Systems' strong software and system expertise with Silicon Laboratories' leading mixed-signal design capability to enable continued innovation in wireline IC solutions.

"We have identified Ittiam Systems as a key strategic partner for Silicon Laboratories for signal processing IP," said Dan Artusi, president and chief operating officer of Silicon Laboratories. "We believe this relationship will extend our competency in SOC designs for the wireline market."

Silicon Laboratories is a global leader in mixed signal IC technology and has a track record of industry leading innovations for the wireless, wireline and optical markets. The company's diverse portfolio of highly-integrated, best-in-class products implemented in CMOS lowers the cost, power and number of components required while providing industry leading performance and functionality.

"It is a privilege to have Silicon Laboratories, a leader in mixed-signal design, as a strategic partner," said Srini Rajam, chairman and chief executive officer of Ittiam Systems. "This relationship validates the strength of our technology and engineering talent."

Ittiam Systems is focused on signal processing for world-class DSP systems and IP in media processing and communications. Ittiam's capabilities include all aspects of DSP application development, including algorithm development, optimized software implementation and reference board design.

The entire SOC chip design activity for communication applications will be done in the newly formed subsidiary of Ittiam Systems, Ittiam Semiconductor Pvt. Ltd.

About Silicon Laboratories
Silicon Laboratories Inc. designs, manufactures and markets proprietary high-performance mixed-signal integrated circuits (ICs) for a broad range of applications. Silicon Laboratories is an ISO9001-certified manufacturer and has applied for over 174 patents on its mixed-signal technology. Silicon Laboratories was incorporated in 1996 and is based in Austin, Texas. Additional information about Silicon Laboratories is available at www.silabs.com or through the toll-free investor relations line at 1-877-411-SLAB (7522).

About Ittiam
Ittiam Systems Private Limited, headquartered in Bangalore, is a technology product company singularly focussed on digital signal processing systems in media and communication. The company operates through its network of offices and representatives around the world. Ittiam's customers include Fortune 100 companies and are distributed across U.S., Europe, Japan and Asia. For more details, visit www.ittiam.com.