Chameleon Systems Appoints New COO.

Business Editors/High-Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Sept. 17, 2001

Chameleon Systems, Inc. today announced the appointment of Larry Roffelsen as chief operating officer (COO).

"Chameleon Systems is entering the next phase in its life cycle -- the transition from a product-development focused company to a full-fledged development, production and revenue oriented company," said Chuck Fox, president and CEO of Chameleon. "As we release our first reconfigurable product, the CS 2112, to production, we are privileged to have someone with Larry's exceptional skills and experience to take the helm of our operations."

Roffelsen has 30 years' experience in the electronics industry, and has held executive management positions in the semiconductor industry for the last 20 years. He was most recently vice-president of VLSI engineering at Teralogic, a digital TV chipset company. Prior to Teralogic he was vice president of engineering at Chips & Technologies, which was later acquired by Intel Corp. He spent seven years in the Fujitsu ASIC organization, rising to VP ASIC Operations with responsibility for all ASIC, custom, hybrid, and MCM businesses. He also has prior experience in LSI design at California Devices, Inc. (CDI), ITT, and in marketing in National Semiconductor. Roffelsen received his BSEET from Purdue University.

"I came to Chameleon because I wanted to be a part of the fabulous opportunity to turn its market leadership in reconfigurable processing products into a world-class business," said Roffelsen. "Chameleon's Reconfigurable Communications Processor (RCP) will dramatically change the way architects design communication systems in the future. That's an opportunity that's too good to pass up."

About Chameleon Systems

Founded in 1997, Chameleon Systems, Inc. is a privately held fabless semiconductor company that designs, markets and sells programmable system-on-a-chip solutions for the communications electronics markets. Headquartered in San Jose, the company has developed the industry's first reconfigurable communications processor (RCP) -- an ideal solution for data-intensive Internet, DSP, wireless basestations, voice compression, software-defined radio, and other high-performance embedded telecom and datacom applications. The Chameleon RCP solution allows data and telecom equipment

vendors to create customized communications signal processors to increase performance and channel count, more quickly adapt to new requirements and standards, reduce time-to-market, lower development costs and reduce risk. Visit Chameleon Systems at http://www.chameleonsystems.com.