QualCore Logic Acquires LEDA Systems

Full-Service, Mixed-Signal ASIC Realization Vendor Expands Portfolio to Include Analog, Mixed-Signal Silicon IP Expertise

Sunnyvale, Calif., September 8, 2003 - QualCore Logic Inc., an intellectual property (IP) and full-service, mixed-signal application specific integrated circuit (ASIC) realization company, today announced it has acquired LEDA Systems Inc. of Plano, Texas, a leading provider of analog and mixed-signal silicon IP.

The acquisition expands QualCore Logic’s portfolio of digital IP and design services to include a full complement of mixed-signal, analog and radio frequency (RF) offerings. It enables QualCore Logic to fully support the consumer electronics, graphics and imaging, wireless and communications markets with a range of silicon IP, design services and full-service ASIC capabilities.

Financial terms of the acquisition are not being disclosed. The combined company, with offices in Sunnyvale, Calif., Plano, Texas, and Hyderabad, India, now has close to 200 employees and consultants.

“LEDA Systems’ expertise in mixed-signal design was particularly attractive to us strategically and synergistically,” says Mahendra Jain, president of QualCore Logic. “Expanding our offerings enables us fully support today’s mixed-signal SoC design requirements, while growing the business.”

About LEDA Systems

LEDA Systems Inc., founded in 1995, is a leader in the field of mixed-signal and analog silicon intellectual property (IP) design and development. LEDA is a single, comprehensive source for silicon-proven mixed-signal IP. It has licensed its technology to more than 50 customers for the development, manufacture and sales of high-performance integrated circuits (ICs).

About QualCore Logic

Founded in 1994 as the Virtual IP Group, QualCore Logic provides ASIC design implementation and delivery of packaged and tested digital, mixed-signal and analog systems-on-chip (SoCs), based on silicon-proven IP. It can take an engineering or register transfer level (RTL) specification to GDSII through final silicon, and has designed 10-million gate chips implemented in .13 micron and other process technologies. It operates design and support centers in Sunnyvale, Calif., Plano, Texas, and Hyderabad, India. Corporate headquarters is located at: 888 East Arques Avenue, Sunnyvale, Calif. 94085. Telephone: (408) 733-3344. Facsimile: (408) 733-9922. Web Site: http://www.qualcorelogic.com

###

QualCore Logic Inc. acknowledges trademarks or registered trademarks of other organizations for their respective products and services.