Industry Veteran, Jim Bland, to Develop Organization Focused on Meeting Needs of Global Communications, Consumer and Computing OEMs based in North America and Asia

San Jose, CA and Dresden, Germany -- July 9, 2001 - Systemonic, the leading provider of silicon-system solutions for multi-protocol, wireless communications applications, today announced the global expansion of its operations with the opening of a United States headquarters office in San Jose, CA. This newly-opened office's key activities include sales, marketing, and technical customer support activities for global OEMs located in North America and Asia that are developing products with wireless capabilities for different regional markets.

"The decision to open this Systemonic office reflects our commitment and need to serve customers in North America and Asia, said Ruediger Stroh, recently-appointed CEO of Systemonic.

Systemonic, a fabless semiconductor company, also today announced availability of its H01 Baseband Processor, the first single-chip, baseband solution to seamlessly support both 802.11a and HiperLAN2 protocol standards. This solution is already under evaluation by leading companies in consumer electronics, mobile and enterprise computing and wireless networking infrastructure markets. Simultaneously, the company announced the immediate availability of the HiperSonic Reference Design Platform, a complete development system for use in rapid global wireless LAN system development. (See companion press release.)

Key Appointment - Industry veteran to lead Sales and Marketing
A senior appointment follows the Silicon Valley office opening with the addition of Jim Bland as Vice President of Sales and Marketing. Mr. Bland will be responsible for global sales and marketing activities and will operate out of offices in San Jose. Jim brings over 30 years of semiconductor experience in operations, sales and marketing including recent senior positions at Infineon and Lucent.

Systemonic's US Headquarters
"I'm pleased to join Systemonic and hope to play a major role in achieving our goal of being the leading supplier of multi-protocol communications solutions," Jim said. "This company's exciting technology has already been met with very positive reviews by some of the leading, global OEMs in Consumer and Communications products. We will establish all the growth and support operations in San Jose necessary to build our customer base and serve their needs as they develop products for a variety of regional markets."

"We're very excited that Jim has joined us quickly despite his other opportunities and are looking forward to his leadership to help the company meet our customer's global wireless communications needs," Mr. Stroh added.

About Systemonic
Systemonic is a wireless communications platform provider that delivers complete Silicon System Solutions that power wireless data, video and voice networks across standards, across the world. Its flexible, re-configurable platform allows customers to bring wireless communications products that support multiple standards to market faster, with more features, lower power consumption and at a lower total cost of ownership.

In November 2000, Systemonic completed second round funding of USD 30 million from an investment consortium led by Atlas Venture and APAX Europe IV, including, Krone mt, and Lehman Brothers.

Systemonic was founded in 1999 after four years of research at the University of Dresden.