Nordic Semiconductor develops ASIC for Fenrits AS for use in microwave based DSRC and vehicle electronic road toll collection applications

Oslo, Norway -- January 29, 2007 - Nordic Semiconductor ASA (OSE: NOD) today announced that it has successfully developed an ASIC for Fenrits AS that will be used in microwave frequency DSRC (Dedicated Short Range Communications) applications including an electronic road toll collection platform.

"We are very exited to be working with Fenrits within microwave frequency DSRC tolling systems. Fenrits' selection of Nordic Semiconductor technology to help develop their new electronic road toll platform confirms our competence within high integration in low power designs using high performance CMOS technology." says Alf Helge Omre, Product Manager System-on-Chip for Nordic Semiconductor.

"Nordic Semiconductor has great competence in designing ICs for very low power, space restricted applications," adds Per J Weisethaunet, CEO of Fenrits AS. "Nordic's expertise and local geographical location has helped us to develop a very competitive system solution intended to gain market leadership."

About Fenrits AS
The world class team behind Fenrits, located in the heart of Norway, is highly experienced in microwave based DSRC and electronic road toll collection systems. Fenrits' DSRC products have proven to be competitive. Fenrits has applied new technology in a range of DSRC products including (among many other examples): electronic road toll collection, road pricing, conjunction charging, and parking/access applications. Per J Weisethaunet, CEO of Fenrits comments: "We are very satisfied to have taken a big portion of our home market that happens to be among the most professional and demanding in the world when it comes to DSRC road toll and payment applications. Being awarded 60 percent of the current replacement of Q-free AutoPASS OBUs in Norway, for instance, is an excellent reference and of great importance when targeting the global market together with our new strategic partner and major owner, Efkon AG. This makes our goal to become the world leading supplier very realistic."

About Efkon AG
Efkon is a global leader in Intelligent Transportation Systems (ITS) including electronic payment applications such as multi-application central clearing houses, vehicle-to-vehicle and vehicle-to-roadside communications. The company develops solutions for all major electronic tolling technologies (including satellite, DSRC based on CEN 278-5.8 GHz passive microwave and ISO CALM active bi-directional high speed IR communication), and provides turnkey traffic telematic solutions, traffic management systems, critical radio communications (e.g. TETRA, GSM-R) and command/control centers of any size and complexity. Efkon is committed to providing turnkey, end-to-end solutions and operating systems.

About Nordic Semiconductor ASA
Nordic Semiconductor ASA's activities and profile are founded on design expertise and experience amassed since the company was founded in 1983. The company was formed as a spin-off from Trondheim, Norway-based SINTEF, a company that had been working on IC design since the 1970s. In 1994 Nordic Semiconductor was expanded to include component sales as well as design.

The company has grown steadily each year since and is now a renowned fabless semiconductor company specializing in class-leading wireless communication solutions in the license-free Industrial, Scientific & Medical (ISM) parts of the spectrum. Nordic Semiconductor is also a world leader in high-speed data converters.

The company's innovative range of wireless solutions includes:

• The nRF905^TM single-chip multiband radio transceiver for the 433-, 868- or 915MHz ISM band;
• The nRF9E5^TM low-cost, single-chip system with fully integrated RF transceiver for the 433-, 868- or 915MHz ISM band;
• The nRF2401A^TM and nRF2402^TM compact, lowest cost, lowest current consumption and low voltage supply 2.4GHz RF transceivers;
  
• The nRF24E1^TM and nRF24E2^TM low cost transceivers paired with the industry standard 8051 MCU core and leading peripherals to create the world's first complete low cost SoCs for global 2.4GHz operation;
• The nRF24Z1^TM single chip system for CD quality audio streaming of up to16 bit, 48 kHz audio;
• The nRF24AP1^TM ultra-low power 2.4GHz transceiver for wireless communication with Dynastream Innovation's production-proven low-power network protocol, ANT;
• The nRF24L01^TM ultra-low cost and power 2.4GHz transceiver with MultiCeiver" technology supporting simultaneous communications with up to six wireless devices.
  

The 2.4GHz transceiver and transmitter devices are targeted at applications such as wireless audio, gamepads, wireless desktops, intelligent sports equipment and advanced multimedia solutions such as Voice over IP (VoIP).

Nordic is also a member of the Wibree specification group, and has contributed core expertise in ultra-low power RF design to the technology. Wibree is a short range RF communication technology featuring ultra-low power consumption, a lightweight protocol stack and simple integration with Bluetooth. Wibree ushers in the next generation of RF communications by opening up many new opportunities for wireless data links between suitably-equipped mobile phones or personal computers (PCs) and coin cell battery-powered devices such as sports and health sensors.

Nordic Semiconductor's mission is to be a leader in short-range, low-power radio communication and high-speed data converters, delivering "turnkey" components, which offer customers an entire System on Chip (SoC). By employing innovative technology and advanced circuit solutions on prefabricated modules the company targets international markets through a global sales network of leading distribution companies.

Nordic Semiconductor's products are all manufactured in ultra modern semiconductor process technologies through strong relationships with world-leading foundries. Sales are primarily made through a carefully selected worldwide distribution network.

The company has offices in Trondheim and Oslo in Norway, Hong Kong, Korea and Japan, and is listed on the Norwegian Stock Exchange (OSX: NOD). All operations are managed according to the ISO 9001:2000-approved quality assurance system. Nordic Semiconductor ASA aims to yield long-term profitability on shareholders' investments and be perceived as an attractive investment in the growth market of short-range wireless communication.