LG Electronics Licenses Tensilica's Diamond Standard 330HiFi For High Quality Audio in Mobile TV Chipset.

LG Already Uses Tensilica's Processors for Video in T-DMB Chipset

SANTA CLARA, Calif. & SEOUL, Korea -- Tensilica[R], Inc. today announced that LG Electronics of Korea has licensed Tensilica's Diamond Standard 330HiFi Audio Engine, the industry's most popular audio processor core for cellular handsets. LG Electronics will use the Diamond Standard 330HiFi Audio Engine in next-generation mobile TV chipset designs.

LG Electronics currently uses Tensilica's Xtensa[R] processors for video and control processing in their Terrestrial Digital Multimedia Broadcasting (T-DMB) phone.

"We picked Tensilica's Diamond Standard 330HiFi Audio Engine for three main reasons: low power, availability of a wide range of audio codecs, and our strong relationship with Tensilica's technology in our DMB group," stated Dr. Woo-Hyun Paik, vice president of LG. "Tensilica's Audio Engine is a proven solution, ready to drop into our next-generation designs."

"LG's engineers are leaders in handset design throughout the world, especially in delivery of advanced features like mobile multimedia," stated Steve Roddy, Tensilica's vice president of marketing. "By using our HiFi 2 Audio Engine, which is a drop-in audio solution, they can leverage software application packages, including a wide range of audio and speech encoders and decoders, to bring an even richer selection of multimedia features to the next generation of LG multimedia chipset designs."

About LG Electronics, Inc.

LG Electronics, Inc. (KSE:06657.KS) is a global leader and technology innovator in consumer electronics, home appliances and mobile communications, employing more than 72,000 people working in over 120 operations including 80 subsidiaries around the world. Comprising four business units -- Mobile Communications, Digital Appliance, Digital Display and Digital Media with 2005 global consolidated sales of US $43.4 billion -- LG Electronics is the world's largest producer of CDMA handsets, residential air conditioners, plasma panels, optical storage products, DVD players and home theater systems. For more information please visit www.lge.com.

About Tensilica

Tensilica offers the broadest line of controller, CPU and specialty DSP processors on the market today, in both an off-the-shelf format via the Diamond Standard Series cores and with full designer configurability with the Xtensa processor family. Tensilica's low-power, benchmark proven processors have been designed into high-volume products at industry leaders in the digital consumer, networking and telecommunications markets. All Tensilica processor cores are complete with a matching software development tool environment, portfolio of system simulation models, and hardware implementation tool support. For more information on Tensilica's patented approach to the creation of application-specific building blocks for SOC design, visit www.tensilica.com.

Editors' Notes:

* Tensilica and Xtensa are registered trademarks belonging to Tensilica Inc. All other company and product names are trademarks and/or registered trademarks of their respective owners.

* Tensilica's announced licensees include Afa Technologies, ALPS, AMCC (JNI Corporation), Aquantia, Astute Networks, Atheros, ATI (AMD), Avago Technologies, Avision, Bay Microsystems, Berkeley Wireless Research Center, Broadcom, Cisco Systems, Conexant Systems, Cypress, Crimson Microsystems, ETRI, EE Solutions, FUJIFILM Microdevices, Fujitsu Ltd., Hudson Soft, Hughes Network Systems, iBiquity Digital, Ikanos Communications, LG Electronics, Lucid Information Technology, Marvell, MediaWorks, NEC Laboratories America, NEC Corporation, NetEffect, Neterion, Nethra Imaging, Nippon Telephone and Telegraph (NTT), NuFront, NVIDIA, Olympus Optical Co. Ltd., PnpNetwork Technologies, sci-worx, Seiko Epson, Solid State Systems, Sony, STMicroelectronics, Stretch, TranSwitch Corporation, u-Nav Microelectronics, Victor Company of Japan (JVC), WiQuest Communications, and XM Radio.