Jeff Ball Joins Kilopass as VP of Corporate Development

Former JPMorgan Head of Semiconductor Investment Banking joins Kilopass to drive its strategic growth plan

Santa Clara, CA -- May 11, 2009 -- Kilopass Technology, a leading provider of semiconductor logic non-volatile memory (NVM) intellectual property (IP), today announced the appointment of  Jeff Ball as Vice President of Corporate Development, effective immediately.  Jeff will be responsible for evaluating investment opportunities, building the company’s capital base, structuring corporate transactions, and driving the overall development of Kilopass's strategic growth plan. He will report to Kilopass CEO, Charlie Cheng.

“Jeff is an excellent strategist and deal maker.  He is an important addition to the Kilopass team as we enter our next growth stage. He brings a wealth of experience in mergers and acquisitions and contacts across the semiconductor industry,” said Kilopass CEO, Charlie Cheng. “Jeff’s appointment is very timely.  Given current capital market conditions, there are many technology companies with attractive intellectual property looking to be acquired.”

Jeff Ball has 10 years of experience in the semiconductor industry. Most recently, Jeff headed up JPMorgan’s semiconductor investment banking practice. At JPMorgan, Jeff's clients included some of the largest technology companies in the world, including Intel and Texas Instruments. Prior to JPMorgan, Jeff practiced law in CA. Jeff received his JD and MBA from Santa Clara University. He received his BA in Economics and Theology from Georgetown University.

“I am excited to be part of the Kilopass team,” said new VP of Corporate Development, Jeff Ball.  “Kilopass is a pioneer in embedded non-volatile memory implemented in standard CMOS. I look forward to helping Kilopass further establish itself as a leading provider of high value intellectual property through business partnerships, acquisitions, and aggressive defense of intellectual property.”

Kilopass has a solid patent portfolio that includes 19 fundamental bitcell patents covering 1T, 2T, and 3.5T antifuse bitcells that cover over 230 claims. The strong technology foundation has propelled Kilopass to be a leading deep submicron embedded NVM vendor. Kilopass has 60+ customers implementing XPM from 0.18um to 40nm in over 150+ designs. Over 70% of the designs are in high volume product.

About Kilopass

Kilopass Technology, Inc., a fast-growing supplier of embedded NVM intellectual property, leverages standard logic CMOS processes to deliver one-time programmable (OTP) structures based on its extra-permanent memory (XPM) technology. The memory can be used for the storage of firmware, security codes, calibration data and other application-critical information. Kilopass is headquartered in Santa Clara, CA. For more information, please visit www.kilopass.com.