Logic Research Selects Rim Semiconductor for Multi-Year Supply Agreement.

Companies Anticipate Customer Win in Asia for Rim Semi's Cupria[TM] Broadband Technology to Result in Multi-Million Dollar Sales Volume

PORTLAND, Ore. & FUKUOKA, Japan -- Rim Semiconductor Company (OTCBB: RSMI), an innovator in video-over-copper technology, and Logic Research Co., Ltd. a supplier of DSL equipment solutions, jointly announced Rim Semi's Cupria[TM] family of semiconductors will power new transport equipment from Logic Research to support advanced video, data and voice applications. The two-year contract will introduce Rim Semiconductor's technology in Asian markets and establish it as the new standard for Logic Research's next generation digital subscriber line access multiplexers (DSLAM) and customer premises equipment (CPE).

Logic Research sells to telecommunications and video security markets. Logic Research selected Rim Semiconductor's technology for the superior data rate and reach for video applications. Cupria(TM) will be used in Logic Research's new DSL network and remote equipment product lines.

"By incorporating Rim Semiconductor's Cupria [TM] chip solution, our new products will have a significant performance advantage versus our competitors in the Asian markets," says Koji Suga, Vice President of Logic Research. "Rim Semiconductor has designed and developed a better performing solution than other chips currently on the market -- and we can better meet the performance requirements of our customers."

"The Asian markets are leading in broadband and high performance video implementation. Our technology opens up tremendous opportunities for market differentiation for equipment suppliers," adds Brad Ketch, CEO of Rim Semiconductor Company. "We are pleased Logic Research will be the first company to bring Cupria[TM] to the Asian marketplace. Their new line of Cupria[TM]-based products continues to validate our vision for better quality of service in video-over-copper technology in markets around the world."

The Cupria[TM] family of copper transport processors is based on Rim Semiconductor's innovative new Internet Protocol Subscriber Line (IPSL) technology. Cupria[TM] delivers significantly more bandwidth over longer distances, increasing the total available market for triple play services while lowering network costs. The IP-based technology offers a better end-user experience than other video-over-copper technologies to deliver superior image quality. Cupria[TM] is currently in development and both companies will be performing testing later this year. Logic Research plans to ship its new Cupria[TM]-based product line next year. Based on Logic Research's growth estimates, Rim Semi and Logic believe the contract could result in multi millions of dollars in sales of Rim Semi's Cupria[TM] family of semiconductors.

About Logic Research

Logic Research, based in Fukuoka, Japan, is an experienced DSL equipment and semiconductor company, realizing high performance products, and providing the most innovative solutions to meet customer's requirements from around the world. For more information, visit http://www.logic-research.co.jp, or write to [e-mail].

About Rim Semiconductor

Rim Semiconductor Company (OTCBB: RSMI) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company's products allow data to be transmitted at greater speed and across extended distances over existing copper wire -- all with the highest quality of service -- for a better end-user experience. For more information, visit www.rimsemi.com.

With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation to revise or update any forward looking statement in order to reflect events or circumstances that may arise in the future.