Moortec Semiconductor Sign Representative Agreement with Red Shift Sales in Silicon Valley, US

Plymouth, UK -- February 20, 2012 – Moortec Semiconductor Limited, provider of high performance analog IP and mixed-signal custom chip solutions, announce that it has signed a representative agreement with Red Shift Sales Inc, of California, US. Red Shift Sales provide specialist sales management for companies in the technology sector, with a particular focus on consumer, telecommunications, industrial electronics and software. Red Shift has agreed to promote Moortec's IP products and design capabilities to the North American semiconductor community.

“Moortec has developed compelling analog IP for 40-nanometer (nm) and 28-nm CMOS technologies. This includes the Moortec Embedded Temperature Sensor (METS) IP range which is a complex, high-precision analog design targeting thermal monitoring and management applications in advanced-geometry digital ICs. We are very excited to be working with Moortec to create and implement a business plan that will establish Moortec’s presence in North America as an IP provider, and will generate design wins and revenue growth for the company in the region”, said Red Shift Sales Director, Brian McLean.

"We are extremely pleased that Red Shift Sales has agreed to represent us in the US. Red Shift is a well established company, enabling emerging technology companies to breakthrough into the challenging North American marketplace. We look forward to penetrating the market in the US with our analog IP offerings in cooperation with Red Shift Sales.," said Steve Crosher, Managing Director of Moortec Semiconductor.

See www.moortec.com for more information on the METS IP range.

About Moortec Semiconductor

Moortec Semiconductor, established in 2005, provide high quality analog and mixed-signal IP blocks as well as Custom Chip solutions world-wide for a variety of applications. The UK based design group also provide Platforms for IC test and evaluation. Having a track record of delivery to tier-1 semiconductor and product companies, Moortec provide a quick and efficient path to market for customer products and innovations. For information please visit www.moortec.com.