Faraday Announces Revenue for September Record Revenue of NT$450Million

HSINCHU, TAIWAN – Oct 7, 2004 -- Faraday Technology Corporation (TAIEX: 3035) (“Faraday”), a leading silicon IP and fabless ASIC company today announces its September revenue of NT$450 million, up 45.9% from the same period last year. A break down of September's revenue includes 78.2% from ASIC and 10.7% from IP.

Table 1: Faraday September Sales Revenue

Net sales	2004	2003	YoY Change
September	450,239	301,186	49.5%
January through September	3,657,179	2,757,858	32.6%

Unit:KNTD
 
About Faraday Technology Corporation
Faraday Technology Corporation is a leading silicon IP and fabless ASIC vendor. The company's broad IP portfolio includes 32-bit RISC CPUs, DSPs, PHY/Controllers for USB 2.0, Ethernet, and Serial ATA. With more than 500 employees and 2003 revenue of $111 million, Faraday is one of the largest fabless ASIC companies in the Asia-Pacific region, and it also has a significant presence in other markets, world-wide. Headquartered in Taiwan , Faraday has service and support offices around the world, including the U.S. , Japan , Europe, and China . For more information, please visit: http://www.faraday-tech.com