ChipX Granted Sony Green Certification

Update: GigOptix, Inc. Announces Acquisition of ChipX (November 10, 2009)

Certification shows ChipX's commitment to Environmental Management

Santa Clara, CA - April 17, 2006 - ChipX, the Structured ASIC leader, is honored to announce that it has been certified as a "Sony Green Partner" by Sony Corporation.  This certifies that ChipX's Environmental Management System complies with Sony's specific procedures for reducing or eliminating environmentally hazardous materials or processes in ChipX devices procured by Sony.

Sony established the Sony Green Partner Standards in July 2001 with the aim of encouraging suppliers to introduce products that are designed and produced to minimize environmental impact. ChipX has been working with its package suppliers since 2003 to offer its customers environmentally friendly packages, and started shipping RoHS-compliant packages in early 2005.  ChipX's Environmental Management System was reviewed based on its environmental protection practices as well as process monitor and control systems.

 "ChipX is dedicated to reducing the impact of potentially hazardous materials upon the environment by working with customers and suppliers through the Sony Green program" said ChipX CEO Amnon Fisher. "ChipX's successful completion of this thorough certification process affirms the company's commitment to operational controls that serve environmental preservation."

ChipX's Sony "Certificate of Green Partner" Certificate can be found at:
http://www.ChipX.com/SonyGreen.pdf

To learn more about Sony's Green Procurement Program:
http://www.sony.net/SonyInfo/procurementinfo/green.html

About ChipX

ChipX, Inc. is a pioneer and leading manufacturer of late-stage programmable application-specific integrated circuits, or Structured ASICs. The company's innovative, patented technology consolidates wafer production tooling, reduces time-to-market and minimizes the total cost to profit. ChipX Structured ASIC technology is widely used in consumer equipment, computing peripherals, communication systems, industrial control, medical equipment, instrumentation and military/aerospace systems. For more information about ChipX families of Structured ASICs, please visit www.chipx.com.

Headquartered in Santa Clara, CA, ChipX is a privately held corporation, founded in the U.S. in 1989. A subsidiary, ChipX (Israel) Ltd., performs Research & Development. Investors include Elron Electronic Industries, Ltd. (NASDQ: ELRN),, VantagePoint Venture Partners, Wasserstein Venture Capital, Newlight Associates, Parker Price Venture Capital, UMC, Needham Capital Partners and Insite Capital.