TASK Micro-Electronics and Intrinsix Sign Partnership Agreement

MONTREAL and WESTBORO, Mass. -- November 13, 2006 --TASK Micro-Electronics Inc. and Intrinsix Corp. announced today that they have signed a partnership agreement to provide optimized solutions for the microelectronics market.

Medical and military markets require innovative approaches in order to meet their needs for miniaturized, low power, wireless electronic components. In order to optimize the sub-components, it’s necessary to look at the system as a whole, and to determine the best application of technology to achieve this. When looking at the design of a subsystem, for example, it is imperative you understand which components should be integrated into an ASIC (Application Specific Integrated Circuit), which components should be integrated into a SiP (System in Package) and which should be left as discrete components. Moreover, selecting the right circuit board technology, whether that is ceramic, flex or standard FR4 substrate technology is a very important part of the process.

“The combination of the skills and capabilities of both TASK and Intrinsix provide a powerful ability to optimize subsystem design” said Doug Bellevue of TASK Micro-Electronics. “Our customers will benefit from the partnership because Intrinsix provides the ASIC design capability needed to truly optimize a System-in-Package solution.”

"Complexity and cost of single-chip systems continue to rise while end-users increasingly demand smaller form-factors" said Jim Gobes, CEO of Intrinsix. "For this reason, we expect low-to-medium volume OEMs to be turning in greater numbers to advanced silicon packaging techniques in order to achieve high integration at a reasonable cost. This partnership with Task Micro-Electronics will therefore offer Intrinsix customers an alternative design approach to achieve faster time-to-revenue at lower burn rates."

TASK and Intrinsix plan to jointly market their newly expanded service offerings to their customers and business partners.

About TASK Micro-Electronics:

TASK Micro-Electronics Inc., founded in 1987, is a high technology firm specializing in design and manufacture of custom micro-electronic circuits. TASK is a privately owned corporation that has become one of the leaders in silicon packaging and the miniaturization of microelectronic circuits. TASK provides miniaturization solutions to markets such as medical, sensor, hearing, avionics, military, aerospace, commercial, industrial, telecom, optics and imaging. TASK is located in the Montreal suburb of Kirkland, Quebec, a mere 10 minutes from an international airport. TASK’s engineering group and their innovative approach to electronic packaging and miniaturization, provide our customers with a competitive edge in order to meet the demands of their end product size restrictions. Creative packaging designs & concepts, combined with the use of the latest equipment and material structures enable structures enable miniaturization levels that our markets require. TASK has a versatile and highly trained team of employees. The management of TASK are the founders of the company who built TASK on a base of multiple years of valuable experience in the field of thick film technology, microelectronic assembly and advanced silicon.

About Intrinsix Corp:

Intrinsix Corp. is an IP-enabled Electronic Design Solutions company. Since 1985 they have assisted small to large companies with their ability to architect, design and verify high integration devices and systems. Intrinsix uses digital, analog, mixed-signal and RF ASIC, System-on-Chip (SoC) and FPGA technologies while leveraging cutting edge IP. Intellectual Property includes Silicon IP such as Sigma-Delta modulators for data conversion and RF applications; SoC Design Platforms and supportive modules such as their AMBA solutions and other, application specific, development platforms; VGA/SXGA cores.