eASIC and Avnet ASIC Israel (AAI) Partner to Support Increasing Demand for Structured ASICs in Israel

eASIC’s Nextreme product family is added to AAI’s line-card to combine the benefits of FPGAs and Cell-based ASICs

Santa Clara, California, and Tel Mond, Israel, August 8, 2007 – eASIC Corporation, a provider of Structured ASIC devices, and Avnet ASIC Israel (AAI), a provider of ASIC and COT design and manufacturing services, announced today a partnership to deliver eASIC’s breakthrough Structured ASIC technology to the Israeli marketplace. The partnership agreement will enable AAI to offer low-power, low-cost (zero mask cost) and short turnaround 90nm Structured ASICs. Under the agreement, AAI will provide design, technical and sales support to customers using eASIC’s products in Israel.

“Our partnership with Avnet-ASIC Israel is part of our global sales expansion plan, to meet the increasing demand for a fast-turn yet cost-effective custom design solution, such as Nextreme Structured ASIC,” said Fred Lancia, Vice President of Sales for eASIC. “eASIC is pleased to join forces with a leading design and turnkey manufacturing services. Our goal is to broadly introduce our breakthrough Structured ASIC solution and provide our growing Israeli customer-base with world-class sales support and customer service.”

“eASIC’s Nextreme devices answer the market need for an affordable custom design solution,” said Nadav Ben-Ezer, Managing Director of AAI. “The growing market gap between FPGA and Cell-based ASIC demonstrates the greater need for an alternative solution. eASIC’s Structured ASICs fit perfectly in this void, removing barriers on design entry and eliminating the need for risky ramp-up from FPGA to Cell-based ASIC. Nextreme, with its broad portfolio of IP, is suitable for a broad range of applications within digital consumer, industrial, wireless, wireline, automotive and military markets.”

About eASIC

eASIC is a fabless semiconductor company offering breakthrough Structured ASIC devices aimed at dramatically reducing the overall fabrication cost and time of customized semiconductor chips. Low-cost, high-performance and fast-turn ASIC and System-on-Chip designs are enabled through patented technology of FPGA-like programmable logic coupled with ASIC-like Via-layer customizable routing. This innovative fabric efficiently employs mask-less customization with Direct-write e-Beam, and thus allows eASIC to offer Structured ASICs with no mask-charges. Founded in 1999, eASIC Corporation is privately held, headquartered in Santa Clara, California. Investors include Vinod Khosla, Kleiner Perkins Caufield and Byers (KPCB), Crescendo Ventures, and Evergreen Partners. www.eASIC.com

About Avnet ASIC Israel (AAI)

Avnet ASIC Israel (www.avnet-asic.com) is a leading provider of complete range of design and turnkey manufacturing services for fabless companies and OEMs, which develop advanced SoC devices. AAI's portfolio includes design and manufacturing services for ASIC, COT, Analog, and Structured ASIC. In the past 20 years AAI has successfully completed more than 250 tape-outs. Partnering with the world leading vendors, Avnet ASIC Israel secures to its customers access to the latest technology, flexible pricing, fast deliveries, and top class performance. AAI is ISO 9001:2000 certified and qualified as an authorized design center by Fujitsu, NXP, eASIC, MHS, MIPS, ARM, and Cadence. Active in the semiconductors market since 1986, Avnet ASIC Israel is a subsidiary of Avnet Israel, which is the Israeli branch of Avnet, Inc. Avnet, Inc. (NYSE: AVT) is one of the world's largest B2B distributors of the world leading technology manufacturers.