eSilicon adds Wim Roelandts and Timothy Chen to its Board; Appoints Seth Neiman as Chairman

SUNNYVALE, Calif. — December 7, 2011 — eSilicon Corporation, the largest independent semiconductor value chain producer (VCP), today announced the appointment of Seth Neiman as chairman of the board and the addition of Willem “Wim” Roelandts and Timothy Chen to its board of directors.

“We are honored to welcome Wim and Tim to our Board and pleased to have Seth take on the chairman role,” said Jack Harding, eSilicon’s president and CEO. “Wim is globally recognized as an innovator and leader in the semiconductor and manufacturing industries and we look forward to the extended depth and breadth that he will bring to eSilicon. Tim brings a wealth of Asian business experience having worked with multi-billion dollar businesses including Microsoft and Motorola and we look forward to his contributions to our Asian strategy. Seth brings substantial public company board experience and with the size that eSilicon has reached in multiple dimensions, this is the time to leverage that experience and separate the CEO and chairman roles.”

Willem Roelandts serves on the boards of Applied Materials, Aruba Networks and IMEC, Belgium. He is also the chairman of the advisory board of Engineering Pathways to Success at San Jose State University. Roelandts previously served as president, CEO and a board member of Xilinx. Prior to his tenure at Xilinx, Roelandts had a 30-year management career at Hewlett-Packard.

“Time-to-market pressures in our industry have become more important over the years and I am confident that eSilicon’s innovative model supports the needs of customers seeking a faster path to silicon,” said Roelandts. “It’s a pleasure to join eSilicon’s board and be invited to play a role in shaping eSilicon’s future.”

Timothy Chen is a partner at private equity firm GL Capital Group. He is also the economic advisor to the provincial government of Jiangsu, China. Before joining GL Capital, Chen was CEO of the NBA China, where he oversaw the league’s businesses in greater China, including television, digital media, marketing partnerships, global merchandising, events and new initiatives. Prior to his work with the NBA China, Chen was with Microsoft as a corporate vice president and CEO for the greater China region. He has held positions with Motorola (China) Electronics Ltd. and AT&T Bell Labs in the U.S.

“eSilicon has an exciting, relevant business model and a strong opportunity for growth in Asia,” said Chen. “I look forward to being part of the team and applying my varied experience working with large corporations.”

Seth Neiman is a managing partner of Crosspoint Venture Partners. He has been active in starting and investing in more than a dozen communications oriented start-ups. Neiman has served as a board member of a number of leading public broadband networking companies, including Brocade Communications Systems, Foundry Networks, Avanex, and iPass. Prior to Crosspoint, Neiman spent 17 years as an entrepreneur and executive in both start-ups and Fortune 500 companies.

“eSilicon has pioneered a new market segment called the value chain producer and grown the company to significant stature under Jack’s stewardship,” said Neiman. “I have been an investor in eSilicon from the beginning and excited to take on the chairman role to help guide eSilicon during its next phase.”

About Value Chain Producers

A value chain producer (VCP) is a company that collaborates with foundries, IP and service providers, EDA suppliers, and package, assembly and test operations in designing and producing chips for fabless IC, IDM and OEM companies. VCPs optimize the economics of customer value chains and enable customers to focus on their product differentiation and market growth.

About eSilicon

eSilicon, the largest independent semiconductor VCP, delivers ASICs to OEMs and fabless semiconductor companies through a fast, flexible, lower-risk path to volume production by deploying its comprehensive suite of design-through-manufacturing services. eSilicon serves a wide variety of markets including the communications, computer, consumer and industrial segments. www.esilicon.com