eASIC Expands in Europe by Adding New Channel Partners

Italy Based Cryptex and Sweden Based ORSoC Have Signed Partnership Agreements for Sales and Support of eASIC's Nextreme(TM) - 90nm Product Family

SANTA CLARA, Calif. -- Oct. 11, 2006 -- eASIC Corporation, a provider of Programmable ASIC products including Structured ASIC and Configurable Logic IP, today announced the addition of two European channel partners. Italy based Cryptex and Sweden based ORSoC will provide sales and technical support for eASIC's 90nm Programmable ASIC product family called Nextreme(TM). These additional partners will assist eASIC in its global expansion and will help the company achieve its aggressive growth plans.

"We are pleased to have Cryptex and ORSoC join our channel partnership program," said Salah Werfelli, eASIC Executive Vice President of Customer Operations. "Both ORSoC and Cryptex have the expertise together with extensive experience in System-on-Chip and ASIC design in their local marketplace. This partnership will allow us to answer the increasing demand for a low-cost and rapid-turn custom logic solution and provide our European customers with world-class support."

"We are very excited with eASIC's award-winning configurable logic products and are pleased to be part of the channel partnership program," said Marcus Erlandsson, ORSoC Chief Technology Officer. "This partnership expands our service capability to our Nordic region customers who are eager to have such a low-cost, no NRE ASIC capability that can be rapidly shipped in any volume. We are confident that this partnership will provide great benefits to both parties."

"Cryptex is delighted to be part of eASIC's growing channel partner program," said Erasmo Gattamelata, Sales Manager at Cryptex. "This partnership allows us to be able to provide our customers with a cost-effective Structured ASIC solution. Our goal is to assist our customers with the design of high performance semiconductor devices across various vertical markets including Telecom, Data Communication and Networking. The Nextreme products from eASIC are the right combination of leading-edge technology, time-to-market and affordability."

About eASIC

eASIC offers breakthrough Structured ASIC products called Programmable ASICs, including Configurable Logic IP, aimed at dramatically reducing the overall fabrication cost and time of customized, high-performance semiconductor chips. Its patented architecture enables rapid and low-cost ASIC and SoC (System-on-Chip) designs through innovative use of programmable logic technology coupled with single Via-layer customizable routing. With just one Via layer to customize, Direct-write e-Beam processing becomes possible at 10x the pace, thereby enabling eASIC to offer NRE-free Programmable ASIC devices. eASIC's technology has been successfully proven in silicon and validated by world-class semiconductor vendors.

Founded in 1999, eASIC Corporation is a privately held company, headquartered in Santa Clara, California. Investors include Vinod Khosla, Kleiner Perkins Caufield and Byers (KPCB), Crescendo Ventures, and Evergreen Partners.