San Jose, London, Dresden - April 30th, 2001 - Systemonic, the broadband wireless chip company, has appointed Ruediger Stroh as Chief Executive Officer. With over five years senior experience in Silicon Valley, Ruediger Stroh joins from Infineon Technologies Corporation, San Jose USA, where he was Senior Vice President and General Manager, Network & Computer Storage.

Ruediger Stroh, the newly appointed CEO of Systemonic, commented: "Systemonic has developed market leading wireless technology. The goal now is to provide complete solutions to businesses operating in the broadband wireless LAN and home networking markets. With our initial focus on the emerging US and European 5GHz standards, 802.11a and HiperLAN2, Systemonic is now in the process of rapidly building out its presence - and likewise its closeness to customers - in North America and Europe through the expansion of its technical and sales support teams."

Professor Gerhard Fettweis, co-founder and CTO of Systemonic, added: "We have a proven approach that dramatically reduces the design time and costs for producing wireless communication chips. We look forward to Ruediger bringing his significant market and account development expertise to bear on the business."

Currently employing 50 engineers, Systemonic was founded in June 1999 and has pioneered a breakthrough DSP technology, OnDSP™. This platform technology allows a chip's core functionality to be programmed into embedded firmware as opposed to being hardwired into the silicon, thereby providing unique advantages in terms of customisation, development time and cost.

The company's first chip based on its OnDSP™ platform is HiperSonic™ and is the first to take a multimode approach, meeting both the HiperLAN 2 and 802.11a standards simultaneously.

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.

About Ruediger Stroh
Ruediger Stroh has spent the last five years as a key senior executive in the North American market for Siemens and Infineon. Through a combination of strategic partnering, acquisitions, and growing major accounts, Ruediger Stroh has been responsible for transforming a greenfield operation into a multi-million dollar business unit. This unit was focused on providing highly customized integrated solutions to businesses addressing high-volume Network and Computer Storage markets. His responsibilities also included fast-tracking semi-conductor solutions into production.