ElectriPHY Corporation Expands Facility to Support Growing Workforce in the United States; VDSL Technology Leader Plans Additional Hiring in Silicon Valley.

Business Editors/High-Tech Writers

SANTA CLARA, Calif.--(BUSINESS WIRE)--March 15, 2004

ElectriPHY Corporation, a leading provider of silicon solutions for accelerating broadband access, today announced its expansion into new office space to support the growth of its workforce in Silicon Valley. ElectriPHY is targeting the fast growing VDSL (Very high-bit-rate Digital Subscriber Line) market with technology that provides broadband equipment vendors and service providers the highest performance, lowest cost solution for delivering "triple-play" services (voice, video and data).

ElectriPHY's silicon solutions address one of the fastest growing sectors of the communication market -- broadband to the premise. "In the past three years, broadband services to the premise has been the only segment within the lackluster telecommunications market to show steady growth," said Rhondalee Donovan, Research Director, Semico Research Corporation. "Moreover, this market is poised to continue to outpace the general communications market in the near future. ElectriPHY's solutions will address the exploding market segment of high speed access to customer premises, and contribute to the growing recovery of the communications sector overall."

Given the expected growth in this market, ElectriPHY has chosen to expand within the United States, centering design efforts here in Silicon Valley. Santa Clara Mayor Patricia Mahan is thrilled at the prospect of ElectriPHY adding new jobs in Santa Clara: "It is refreshing to see a growing company choose our city in which to expand. We're pleased to have ElectriPHY add employees in Santa Clara."

"I'm excited about the opportunities in the broadband access market and the recent worldwide deployments of VDSL, especially in Asia, that are fueling our growth," says Jim Apfel, CEO of ElectriPHY. "While many companies in the United States, including those in our space, have looked overseas to expand their workforce, we believe for ElectriPHY, the lowest overall cost solution is to expand in Silicon Valley. Our growth plans call for a doubling of our engineering workforce as well as additional headcount in operations, applications, sales and marketing in the coming months."

About ElectriPHY Corporation

ElectriPHY provides chipsets for accelerating broadband access. The company's high-performance VDSL products feature the flexibility and long reach required to radically change the dynamics of enabling "Triple-Play" services (voice, video and data) for all markets worldwide. ElectriPHY's highly programmable technology provides optimized performance while delivering low power and cost. Privately held ElectriPHY is located in Santa Clara, California. For more information, go to www.electriphy.com.

ElectriPHY is a registered trademark of ElectriPHY Corporation.