Moortec Semiconductor Sign Representative Agreement with Acetronix in Korea

Plymouth, UK -- May 9, 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 Acetronix, of Seoul, Korea. Acetronix provide design-driven sales for companies in the semiconductor sector, with a particular focus on PC peripheral, consumer and cellular phone markets. Acetronix has agreed to promote Moortec's IP products and design capabilities to the Korean 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 an innovative, 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 Korea as an IP provider, and will generate design wins and revenue growth for the company in the region”, said Acetronix CEO, Shane Rhee.

"We are extremely pleased that Acetronix has agreed to represent us in Korea. Acetronix is a well established sales company, providing emerging technology companies the opportunity to breakthrough into the Korean region. We look forward to entering the Korean market with our die-sensing analog IP offerings in cooperation with Acetronix," 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.