John Geis joins Ingot as VP of Sales

Santa Clara, Calif, August 28, 2006 - Ingot Systems, the leading provider of ASIC Design Solutions in the form of niche IP, and services for Full chip design, Design Verification and Physical Design, today announced that John Geis has joined Ingot Systems as Vice President of Sales. John brings over 20 years of experience in the semiconductor industry to Ingot. He was most recently at Broadcom (BRCM) where he was responsible for strategic sales of high volume wireless products to Top 3 global PC OEM/ Printer accounts. At Avnet (AVT), a leading semiconductor distributor, John served as Senior Marketing Manager for 3rd party partners where he developed the program, recruited, managed, marketed and sold all Design Service and IP products to Avnet's customers.

"This is a great time to be joining Ingot", said John. "The market for design services and specialized IP is exploding right now. Outsourcing is a requirement for just about any time critical project. Ingot is uniquely positioned with its extensive suite of niche IP and its leading edge methodologies and processes for ASIC design, ASIC verification and physical design to address these growing needs. I look forward to serving Ingot's rapidly expanding customer base."

"John is a valuable addition to the Ingot team", said Jai Iyer, President & CEO of Ingot Systems. "He brings a wealth of sales experience in the design services industry as well as a high-level of energy and customer focus. He will be instrumental in helping us better serve existing customers as well as bringing our expanding design service capabilities and IP offerings to an entirely new set of customers".

About Ingot Systems
Ingot Systems, Inc. is a premier ASIC Design Solutions company, providing Design Solutions to fabless semiconductor and system companies in the form of niche IP solutions, and services for Full Chip design, Design Verification and Physical Design. Ingot is headquartered in Santa Clara, California with global design centers located in India and the United States. Visit Ingot Systems at www.ingotsys.com