Spike Technologies names Dave Aiken as VP of Sales

Former Director of Intrinsix to head North American Sales

Milpitas, CA May 13, 2002 - Spike Technologies, the leading VLSI Design services company announced today the appointment of Dave Aiken, as its VP of North American Sales. Dave will direct the company's sales team and help it expand in the North American markets.

Dave brings a record of achievement that spans over 23 years of sales, business development, marketing and management experience to Spike. Prior to joining Spike, Dave was the Director, Western Area Services Sales at Intrinsix Corporation, where he was developing and servicing relationships with leading semiconductor and electronics design companies. Earlier, Dave worked at Viewlogic, Zycad, Xerox, and Hughes where he played a key role in developing new markets and achieving high sales growth. He also has extensive international experience and has managed sales and marketing operations for Asian and European markets.

"Dave's proven ability to develop and sustain strong customer relationships with the leading semiconductor companies will help Spike to continue to build upon and add to the relationships we have already established," said Ed Wan, CEO of Spike Technologies. "His experience in expanding and managing the sales operations will help Spike increase its sales and establish a leadership position in North America."

"I see tremendous potential for Chip Design Services, and I've aligned myself with the company poised to make the biggest contribution in this market" said Dave Aiken. "I am looking forward to implementing and executing an aggressive sales strategy and building upon the existing customer base of Spike".

About Spike Technologies, Inc.

Spike Technologies, Inc (www.spiketech.com) was founded in 1994 and has established itself as a Chip Design company specializing in ASIC design services. Spike is a Preferred Design Partner for some of the top technology companies in the world.

In April 2001, Spike had expanded their operations by setting up a state-of-the-art Design Center in Bangalore. Spike's expertise ranges from providing Onsite Consulting to Turnkey Design services in ASIC Design verification & Physical Design and layout.

For more information, contact:

Vijay Mohan
Spike Technologies
408-410-2831
Vijay@spiketech.com