Leadis Technology Announces Major Step Forward in Active Matrix OLED Display (AMOLED) Strategy.

Leadis Acquires Intellectual Property to Enhance AMOLED Lifetime and Yields

SUNNYVALE, Calif. -- Leadis Technology, Inc. (Nasdaq:LDIS), an analog and mixed-signal semiconductor developer of color display drivers, LED drivers, and audio ICs for mobile consumer electronic devices, today announced that it has acquired intellectual property from Nuelight Corporation that will add value in the development of AMOLED display drivers. The acquired technology improves manufacturing yields by correcting non-uniform brightness without increasing backplane complexity and improving the lifetime of displays by correcting image sticking. With the use of Electrical Pixel correction algorithms, the patent-pending technology also enables the change of calibration of each pixel through the display driver.

Based in Santa Clara, California, Nuelight is a private company that has been engaged in the development of solutions for the shortcomings of Active Matrix OLED displays.

"This acquisition represents a major milestone in Leadis' AMOLED strategy and will allow Leadis to offer our AMOLED customers leading display driver solutions," said Jose Arreola, General Manager of Display Driver Products. "AMOLED displays offer tremendous promise for higher quality displays in many high volume applications. Leadis intends to be a proponent and key leader of this display technology as we design it into our display driver products starting in 2008."

About AMOLED Technology

AMOLED Technology offers key advantages of fast switching speeds, outstanding viewing angles, vivid colors, low power consumption and competitive costs. Adoption of AMOLED technology into high volume consumer markets has been hampered by major drawbacks such as poor manufacturing yields, image sticking, short life times, and differential color aging

AMOLED technology is expected to capture significant market share in the competitive FPD market of small screens for mobile phones and portable digital audio players (MP3 players), car radios, digital cameras and high-resolution microdisplays for head-mounted displays. Such portable applications favor the high light output of AMOLEDs for readability in sunlight, and their low power drain.

About Leadis Technology, Inc.

Leadis Technology, Inc., headquartered in Sunnyvale, California, designs, develops and markets analog and mixed-signal semiconductors that enable and enhance the features and capabilities of mobile and consumer electronics devices. Leadis' product offerings include color display drivers, which are critical components of displays used in mobile consumer electronic devices; LED drivers, which provide controlled levels of current required to drive light emitting diodes in diverse applications including mobile backlight units; and audio CODEC and FM transmitter ICs, which are integral components in mobile media players and their associated aftermarket accessories. Leadis currently supplies display drivers supporting the major small panel display technologies, including a-Si and LTPS TFT LCD's, color STN LCD's, and color OLED displays, LED drivers supporting mobile backlighting applications, and audio ICs supporting portable media players and aftermarket audio accessories. For more information, visit www.leadis.com.

Certain statements in this press release including, but not limited to, statements as to the anticipated benefits of the acquisition of Nuelight Corp.'s AMOLED technology and other intellectual property rights, Leadis' investment in Nuelight's AMOLED technology, the anticipated features, capabilities, benefits of Nuelight's technology, the anticipated benefits of AMOLED technology for flat panel displays, and the anticipated market adoption of AMOLED technology are forward-looking statements that are subject to risks and uncertainties that could cause results to be materially different than expectations. Such risks and uncertainties include, but are not limited to, lack of market adoption for AMOLED technology for small panel displays, delays in ramping new products into production, lack of market acceptance of our new AMOLED products, that pending patent applications will not result in issued patents or that any issued patents may not be sufficiently broad to protect our proprietary technologies, risks associated with acquisitions of third-party technology, delays in the integration of our ICs into consumer electronic devices, our reliance on third-party manufacturers, general mobile handset and semiconductor industry trends, and other risks detailed and from time to time in Leadis' reports filed with the Securities and Exchange Commission including its Form 10-K for the year ended December 31, 2006 and Form 10-Q for the quarter ended June 30, 2007. Leadis disclaims any obligation to update these forward-looking statements. (LDISG)