Ignios, a recent entrant in the embedded multicore System-on-Chip (SoC) market, Shortlisted for Major Industry Award

Oxford, UK, October 15, 2004 * * * Ignios Ltd., a recent entrant in the embedded multicore System-on-Chip (SoC) market, announced that the Company has been shortlisted for the prestigious European Electronics Industry Award (EEIA), in the 'Start-up of the Year' category.

"We're delighted that our potential has been recognised," stated Rick Clucas, Ignios CEO. "To be judged as being worthy of this award at this early stage in our development is further proof that our people and innovative SystemWeaver technology are addressing a key industry problem at exactly the right time."

Through the use of SystemWeaver hardware and software IP, Ignios will enable software developers to program complex, multicore chips at a high-level of abstraction and yet still achieve efficient results.

The 2004 European Electronics Industry Awards will be held at the Hotel Bayerischer Hof, Munich, in conjunction with Messe Muenchen's Electronica - the 21st International Trade Fair for Components & Assemblies in Electronics. The aim is to recognise, reward and celebrate excellence in the electronics industry across Europe. The winners in each category will be named at a presentation dinner on 9th November.

Ignios will be exhibiting in Hall A6 ("Embedded in Munich") at Electronica (stand A6.650), and will be disclosing further product details at this time.

About Ignios Ltd.

Ignios was established in 2003 to develop and market products that enable the real-time on-chip system management of complex multicore SoC devices. Ignios' patent-applied-for SystemWeaver technology will enable the full performance and price-potential of complex multi-core chips to be realised efficiently through software application development. SystemWeaver comprises software and hardware components that can be integrated with little or no modification to the existing chip architecture or cores. It provides a unified programming model to the multi-core device, which enables programmers to continue to develop applications at a high level of abstraction. Ignios raised a total of $3.8 million in a first round of private financing early in 2004. The funding round was jointly led by Alice Lab and BTG. Further information on Ignios can be found at www.ignios.com.

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