Rim Semiconductor Receives First Purchase Order.

PORTLAND, Ore. -- Rim Semiconductor Company (OTCBB:RSMI) has received its first purchase order for $114,300 of its flagship Cupria[TM] transport processor. Extreme Copper, Inc. of Westlake Village, California, placed this purchase order under its previously announced three-year supply agreement with Rim Semi. The Company anticipates that the gross profit margin on this order will be above seventy percent.

Extreme Copper has designed Rim Semi's products into its new line of network equipment. "We believe that they will be successful in selling many units because their new equipment is very innovative," stated Brad Ketch, Rim Semi's president and chief executive officer. "When we announced our supply agreement with Extreme Copper in November of last year, the companies believed that sales by Rim Semi to Extreme Copper could reach $3 million over the contract period. Now that Extreme Copper has placed its first order under the supply agreement, we remain confident in those initial projections."

Rim Semiconductor Company previously announced a multi-year supply agreement with Logic Research Co., Ltd. of Fukuoka, Japan, and has entered into memoranda of understanding with four equipment manufacturers concerning their evaluation and deployment of the Company's Cupria[TM] transport processor. Rim Semi has also received a verbal commitment from another equipment manufacturer to evaluate the Company's products. "Based on this order from Extreme Copper and our expanding relationships with other equipment manufacturers, we are optimistic that we will see increasing revenues in the third quarter and for the fiscal year," added Mr. Ketch.

About Rim Semiconductor Company

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 and does not assume any obligation to revise or update any forward-looking statement in this press release in order to reflect events or circumstances that may arise in the future.