Mysticom and Samsung Electronics Enter Ethernet Technology Licensing Agreement

World's second largest chip supplier selects Mysticom's technology to handle the bandwidth and connectivity needs in next generation applications

Mountain View, CA, September 30, 2003 -- Mysticom Incorporated, a supplier of innovative high-speed communication ICs and cores, today announced an agreement with Samsung Electronics Co., Ltd. that expands its global presence and solidifies its position as a leading supplier of Ethernet PHY IP technology. The agreement to license the MystiPHY™110, a DSP-based 10/100 Mbps Ethernet PHY core, will enable Samsung to develop complex system-on-chip (SoC) solutions that address the burgeoning Ethernet connectivity needs in both the communication and consumer markets. To date, Mysticom has cornered the 10/100 Mbps Ethernet IP market with an impressive customer list of industry leaders such as IBM, Infineon, GlobespanVirata, Philips, and Texas Instruments.

In today's connected world, the need to move voice, video, and data at high speed is proliferating throughout the business and consumer environments. Integration of established and proven Ethernet technology allows OEMs to address these needs with reliable end-user products.

Based upon a patent-pending architecture, the DSP-based MystiPHY110 is a proven, high performance 10/100 Mbps Ethernet PHY core, designed to simplify integration into complex SoC's and migration to future CMOS process technologies, providing customers fast time-to-market, flexibility, guaranteed interoperability, and scalability. The optimized architecture also helps reduce die size and lower power consumption providing an ideal solution for both consumer applications as well as high-end communication system products.

"We are delighted that Samsung has chosen our technology, given their dominant presence as a global supplier in both communications and consumer markets," said Wiren Perera, vice president of worldwide marketing at Mysticom. "This agreement will allow us to expand the potential of our technology since Samsung is a competitive supplier supporting Ethernet connectivity requirements of next generation applications."

About the MystiPHY™110
The MystiPHY110 is a standard compliant IEEE 802.3u 10BASE-T and 100BASE-TX/FX Ethernet PHY core. The DSP-based design approach provides superior performance that exceeds the IEEE 802.3 requirements for cable length and noise immunity, and enables operation over cable lengths of up to 160 meters.

About Mysticom
Founded in 1997, Mysticom provides complex DSP and mixed-signal VLSI solutions for use in high-speed communication systems. Mysticom's products range from 10/100 Mbps Ethernet PHY cores to 10 Gbps transceiver integrated circuits (ICs) for Ethernet and backplane applications. Mysticom is one of the few companies in the world to have successfully developed high-speed physical layer networking technologies that can be used in local, metropolitan, and wide area networks. Mysticom is headquartered in Netanya, Israel with marketing, sales, design and customer support offices in Mountain View, Calif. Additional information can be found at www.mysticom.com.

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