Walden International Chairman & Founder Lip-Bu Tan joins the Cosmic Circuits Board of Directors

Bangalore, INDIA and Campbell, California, January, 7th 2011:- Cosmic Circuits, an Analog and Mixed Signal Design Semiconductor company, today announced that it has appointed Lip-Bu Tan to its board of directors. Lip-Bu Tan is Chairman and Founder of Walden International (WI) and has been active in the venture capital industry for the past two decades. Additionally, he introduced and pioneered the U.S. venture capital concept in Asia and contributed towards the promotion of early-stage technology investing in the Asia-Pacific region. Prior to WI, he was Vice President at Chappell & Co. and held management positions at EDS Nuclear and ECHO Energy.

Ganapathy Subramaniam, CEO of Cosmic Circuits, commented “We are delighted to have Lip-Bu Tan join our board of directors at this pivotal time in the company’s history. His experience, knowledge and extensive network in the semiconductor industry are a great match for Cosmic Circuits.”

“I am very glad to be named to the board of directors of Cosmic Circuits,” said Lip-Bu Tan. “Cosmic Circuits is an established name in Analog and Mixed signal design and one of the (most) important semiconductor companies from India. I look forward to sharing my experience and being part of its growth in the coming years.”

About Cosmic Circuits

Cosmic Circuits is a leading provider of differentiated Analog and Mixed-Signal silicon IP cores. Cosmic offers a strong portfolio of 250+ cores in nanometer process nodes of leading foundries. By leveraging its silicon-proven cores spanning data-converters, wireless analog, audio, MIPI, power-management, Clocking, LVDS and Auxiliary functions, Cosmic provides single-stop access to customized IP solutions, bringing certainty in time-to-market with mixed-signal SOCs. A large team of expert designers continuously keep pace with technology nodes, standards and applications, bringing certainty to customer product continuity and differentiation. Adherence to Design-For-Manufacturing, Design-For-Test, a customer-centric approach to support that includes silicon-validation of Cosmic IP in customer SOC, backed by the experience of successfully catering to 50+ world-wide customers, brings certainty to volume production.