InSilica Surpasses 2 Million Units Shipped; Innovative Indo-US Fabless Semiconductor Company Hits Key Milestone in High Volume Shipments to Its Diverse Customer Base.

SANTA CLARA, Calif. -- InSilica Corp. today announced that is has surpassed the 2 millionth customer unit shipped, and continues to ramp high volume shipments and expand its growing customer base.

The company provides high value custom silicon solutions to a variety of high volume segments which require custom ASIC & SOC solutions that are pushing the specification boundaries of what standard solution providers can deliver. Additionally, through leveraging its unique Indo-US execution model and proprietary design IP, InSilica has been able to deliver these solutions at far lower development costs and reduced time-to-market than typical market leading suppliers are capable of. The combination of higher value with lower costs has resonated strongly in the market with the company acquiring customers in such high profile segments such as mobile phones, HDTV video processing, high performance networking, and broadband wireless. The company is also developing standard mobile imaging solutions that will bring high end Digital Still Camera class photographic capability to mobile phones at lower cost and power consumption levels than any current imaging solution providers.

"Hitting the 2 million units shipped mark is a key milestone for InSilica and validation on our ability to deliver on complex ASICs which have aggressive specifications and volume ramps," stated Balaji Baktha, InSilica's President and CEO. "Few fabless semiconductor companies established in recent years can state such an accomplishment or in fact ever reach this magnitude. We look forward to continued growth and success."

InSilica continues to expand its customer footprint and recently expanded into the Korea, Taiwan, and Japan markets with sales and support presence in those locales which will enable it to better service end customers there. The volume shipment milestone and expanded sales presence build on the momentum of the recently announced major financing round of US$18M. The company has numerous customer engagements, IP development projects, and partnerships which it expects to disclose publicly over the coming months.

ABOUT INSILICA

InSilica is a fabless semiconductor company operating under an Indo-US model with headquarters in Santa Clara, California with Research and Development operations in the United States and in India. The privately held company was founded in 2003 with the mission to provide customized advanced SOCs by using the best in class IP, design methodology, test and development systems. The company is focused on high volume -- high value custom and standard product opportunities where standard flow ASIC providers can not meet the specification, cost, or time-to-market goals of the end customer.