FOR IMMEDIATE RELEASESiliconXpress
Shawna BoyceLaunch Marketing512.495.9900Shawna@launch-marketing.com
Silicon360
Fatema LakhiaMarketing & Communications408.904.4289sales@silicon360.com
SiliconXpress Receives Series A Funding
Funding Will Expand Footprint in Military and Aerospace Industry
LUBBOCK, Texas—July 16, 2009—SiliconXpress, an innovative fabless semiconductor companyspecializing in design services for digital and mixed-signal devices, today announced the successfulcompletion of Series A funding. The investment was led by Silicon360 a wholly owned California basedcompany. Silicon360 offers product enabling solutions that include design, productization andmanufacturing capabilities that cater to specialty design migration and convergence markets for Militaryand Commercial products.In addition to the financial investment, Silicon360 and SiliconXpress have formalized a partnershipfocused around the companies’ complementary services. With the new partnership, SiliconXpress willoffer design support to Silicon360, providing customers in the Military and Aerospace industry end-to-endsilicon solutions, from design to production."We are very excited about our new business partnership with SiliconXpress," commented Zef Malik,president and chief executive officer of Silicon360. "SiliconXpress is a great complement to ourproductization strategy. Our partnership enables us to integrate leading-edge design capabilities fromSiliconXpress into our turnkey model of semiconductor manufacturing to accomplish our goal ofaccelerating product deployment”. Silicon360’s shared list of completed registrations/certifications, including ITAR, ISTA, and AS9100 willexpand SiliconXpress’ operational capabilities in the market and allow both companies to drive newgrowth in the Military and Aerospace industry.“We are very excited to secure this investment and to work closely with Silicon360,” said Dr. AftabFarooqi, president and chief executive officer of SiliconXpress. “This new alliance enables us to expandour services to the Military and Aerospace market, moving all of our operation in-house to provide atremendous advantage to our customers.”
About SiliconXpress
SiliconXpress is a fabless semiconductor company providing turnkey, design, fabrication, packaging andtesting services for digital and mixed-signal devices. Among the services offered include RTLdevelopment, FPGA to ASIC conversions, RTL to GDSII, RTL to production silicon and wafers toproduction silicon. Recognized for delivering highly cost competitive services using an experienced team