Interphase to Present at Needham's Ninth Annual Growth Stock Conference.

PLANO, Texas -- Interphase Corporation (Nasdaq:INPH), a leading global supplier of next-generation networking technologies, today announced that Greg Kalush, president and chief executive officer, and Tom Tipton, chief financial officer, will be presenting at the Needham's Ninth Annual Growth Stock Conference, to be held January 9-12, 2007, at the New York Palace Hotel in New York, New York. Interphase management will present on January 12 from 10:00 a.m. to 10:30 a.m., with a breakout session from 10:30 a.m. to 11:00 a.m.

The Needham Growth Stock Conference is the largest and best attended growth-stock conference with more than 400 presenting companies. Key sectors for this conference include: Communications Technology & Services, Industrial & Diversified Growth, Internet Services & Digital Media, IT Hardware & Consumer Electronics, Medical Technology & Services, Semiconductors, Semiconductors Equipment, Software, Storage Networking, Disk Drives, and Distribution and EMS.

A live audio web-cast of the conference proceedings will be available and can be accessed at http://www.wsw.com/webcast/needham16/inph/. An archive of this web-cast will be provided and can be accessed from the Needham website after the event. More information and a full list of presenting companies are available online: http://www.needhamco.com/ST_Conf.asp.

After the conference, a copy of the presentation slides and a link to the audio web-cast archive will be available on the Interphase website link http://www.iphase.com/forward/NeedhamJan07 for download and review.

About Interphase Corporation

Interphase Corporation (Nasdaq:INPH) is a leading provider of robust building blocks, highly integrated subsystems and innovative gateway appliances for the converged communications network. Building on a 30-year history of providing advanced I/O solutions for telecom and enterprise applications, and addressing the need for high speed connectivity, Interphase has established a key leadership role in delivering next generation Advanced TCA[R] (ATCA), MicroTCA[TM] and AdvancedMC[TM] (AMC) solutions to the marketplace. Headquartered in Plano, Texas with sales offices across the globe, Interphase clients include Alcatel-Lucent, Ericsson, Fujitsu Ltd., Hewlett Packard, Lockheed Martin, Motorola Inc., Nortel Networks Ltd. and Samsung among a host of others. Additional information about Interphase and its products is available on the company's Web site at www.interphase.com.

Interphase is an Affiliate member of the Intel[R] Communications Alliance. The Intel Communications Alliance is a member-based program comprised of communications and embedded developers and solution providers. Members are committed to providing a strategic supply of standards-based solutions to the communications and embedded market segments. For more information, please visit: www.intel.com/go/ica.

About Needham & Company, LLC 

Needham & Company, LLC is a wholly owned subsidiary of The Needham Group, Inc. and a privately held, full-service investment bank with the mission of helping emerging growth companies achieve their potential. The firm is headquartered in New York City with offices in Boston, Menlo Park and San Francisco. In addition to investment banking, Needham's principal activities include institutional sales and trading, asset management and venture capital. To serve its institutional clients, Needham & Company, LLC produces comprehensive equity research on more than 375 companies in technology, health care, consumer and industrial growth. For more information, please see www.needhamco.com.

Safe Harbor 

This press release contains forward-looking statements with respect to financial results and certain other matters. These statements are made under the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, without limitation, fluctuations in demand, the quality and price of similar or comparable networking products, access to sources of capital, general economic conditions in the company's market areas, and that future sales and growth rates for the industry and the company could be lower than anticipated.

Interphase and the Interphase logo are registered trademarks of Interphase Corporation. All other trademarks are the property of their respective owners.