VeriSilicon Expands SoC Platform with On2 Technologies Finland's Silicon Proven Video Solutions

Industry Leading Multi-Format Video Encode/Decode Solution Complements VeriSilicon Multimedia Platform

SANTA CLARA, Calif. & OULU, Finland-- May 10, 2010 --VeriSilicon Holdings Co. Ltd. (VeriSilicon), a world-class ASIC design foundry and custom SoC solutions provider, and On2 Technologies Finland Oy (On2 Finland), the technology leader in embedded Video Encode/Decode IP cores, today announced a wide-ranging partnership that adds the multi-format video encode/decode solutions from On2 Finland to VeriSilicon's expanding, system level star IP portfolio. The agreement gives VeriSilicon access to On2 Finland’s silicon proven IP, with support for a variety of video formats such as Real Video (RV), Divx, VP6, VP7, VP8 and AVS, for customer SoC designs targeting mobile and home entertainment consumer applications with varied market requirements.

"By adding On2 Finland IP, VeriSilicon expands its SoC platform capability to service HD audio/video applications such as Blu-ray DVD Players, advanced Set-top Boxes, Mobile Internet Devices, and automobile infotainment devices with audio, video and image processing requirements. VeriSilicon has already won a number of customer projects that combine our low power, HD 7.1 channel audio core and On2 Finland’s 1080p video core and we are excited to formalize our partnership with On2 Finland so that more of our world-wide customers can benefit from this strategic partnership," said Wayne Dai, President and CEO of VeriSilicon. "VeriSilicon strives to be a world class design foundry with a full range of SoC capabilities to serve its worldwide customer base. Our advanced, flexible SoC platforms include industry leading ZSP family of DSP cores (acquired from LSI Logic), standard processor cores like ARM, PowerPC, low power analog IP and application software."

"We are very pleased to have VeriSilicon as our partner, helping to deliver our IP into the latest multimedia devices both in China and worldwide. Combining VeriSilicon’s wide array of audio IPs, with our configurable video IP in VeriSilicon’s turnkey SoCs, will meet the ever growing market demand for HD enabled multimedia chipsets," said Jani Huoponen, General Manager of On2 Technologies Finland. "On2 Finland’s IP for low powered, high performance video enabled devices is already widely deployed with over 40 semiconductor licensees today. Through the partnership with VeriSilicon we are able to proliferate our multi-format codec IP even further, which includes support for the newest and most exciting format of all - VP8."

About On2 Technologies Finland Oy

On2 Technologies Finland Oy (fully owned subsidiary of Google) provides a complete range of ready-to-integrate, highly optimized video codec IP designs in both software and hardware (RTL). For mobile phones, mobile Internet devices, set-top boxes, games decks, Digital TVs and DVD players, our codecs deliver high performance video, with low power consumption and CPU load. On2 Finland’s codec IP solutions include support for all the key standards based formats (H.264, MPEG-4, VC-1, etc.) as well as the most popular proprietary formats such as VP6, VP7 and VP8. The codec’s configurability allows format and resolution support to be selected before integration, minimizing the silicon area required while enabling the target applications of that chip. The leading chip and device manufacturers use On2 embedded technology, among them Infineon, Mediatek, Atmel and Freescale. More details can be found at www.on2.com.

About VeriSilicon

Founded in 2003, VeriSilicon Holdings Co., Ltd. ("VeriSilicon") is a fast growing IC (integrated circuit) design foundry providing custom solutions and SoC (System-on-A-Chip) turnkey services. With four R&D centers in China (Shanghai & Beijing) and US (Santa Clara & Dallas), VeriSilicon’s technology solutions combine licensable digital signal processing (ZSP®) cores, eDRAM, value-added mixed signal IP portfolio and other star IP into a SoC platform that extends below 65nm process technology. These platforms benefit a wide range of consumer electronics devices such as STB (set top box) and Home Gateway, MID (mobile Internet device) and Cellular Phone, HDTV and Blu-ray DVD Player. VeriSilicon’s design and manufacturing service provides differentiation based on specific customer requirement that ranges from initial SoC specification and application software, RTL and backend design implementation through silicon samples and volume production, utilizing multiple foundry partners, assembly and test companies in Asia and US. Having sales and customer support offices in Asia (China, Japan, Korea, Taiwan), North America (US) and Europe (France) enables VeriSilicon to deliver its platforms and services to worldwide customers and at the same time support them locally. VeriSilicon's global customer base of market leading multinationals and fabless start-up companies benefits from shorter development cycles, reduced cost of ownership, and economies of scale. For more information, please visit www.verisilicon.com.