Siemens Venture Capital Makes Strategic Investment in Qcept Technologies Inc.

ATLANTA -- Qcept Technologies Inc., a leading developer of wafer inspection systems for the semiconductor manufacturing industry, announced today that it has closed a successful follow-on Series B financing round led by Siemens Venture Capital (SVC), a subsidiary of Siemens AG. Pittco Capital Management as well as other existing investors also participated in the round. Qcept will use the funds to increase the company's value through accelerating product development, sales and marketing and brand awareness.

"Siemens Venture Capital (SVC) has been an important strategic partner and customer almost since the inception of our company," said Bret Bergman, CEO of Qcept. "They have a great track record of supporting firms with breakthrough technologies, and we look forward to continuing our work with them to provide enhanced inspection solutions to semiconductor manufacturers and related markets."

"Qcept's revolutionary Chemetriq wafer inspection platform has the potential not only to improve semiconductor manufacturing process control, but also to extend into other areas that are of interest to Siemens as a leading global technology provider," said Todd Jaquez-Fissori, Investment Partner, Corporate Fund, Siemens Venture Capital.

About Siemens Venture Capital:

Siemens Venture Capital (SVC) is the 700 million euro corporate venture organization for Siemens AG, one of the largest global electronics and engineering companies, with reported worldwide sales of 75.4 billion euros in fiscal 2005. SVC's goal is to identify and fund investments in emerging and innovative technologies that will enhance the core business scope of Siemens, particularly in information and communications, medical solutions, automation and control, power, automotive technology and transportation systems, and lighting.

To date, SVC has invested some 700 million euros in well over 100 startup companies and 30 venture capital funds, mainly in the U.S., Europe and Israel, thus playing a key role in the global network of innovation. SVC is located in Germany (Munich), in the U.S. (San Jose, CA and Boston, MA), in China (Beijing and Shanghai), in India (Mumbai and Bangalore), and is active through Siemens' regional unit in Israel.

SVC is part of a greater network at Siemens whose mission is to drive technological innovation by supporting startup companies. In addition to Siemens Venture Capital, Siemens Technology Accelerator and Siemens Technology-To-Business Center also contribute to Siemens' innovation strategy. Their individual mandates are defined according to financing stages and industry focus. More information can be found at: www.siemensventurecapital.com.

About Qcept Technologies Inc.

Qcept delivers Non-Visual Residue (NVR) Surface Inspection solutions for advanced semiconductor manufacturing. Qcept's Chemetriq(TM) platform is being adopted in critical processes for in-line, non-contact, full-wafer inspection and rapid analysis to increase yield and improve fab productivity.

For more information, call [phone], email [e-mail] or visit www.qceptech.com.

Chemetriq and Qcept are trademarks of Qcept Technologies Inc.