Elliptic Adds New Board Member

Update: Synopsys Expands Security Solutions with Acquisition of Elliptic Technologies (June 29, 2015)

March 26, 2008 - Ottawa, Canada - Richard White, President and CEO of Elliptic Semiconductor, is pleased to announce that Claude Haw has been appointed to the Board of Directors.

Claude is Managing Partner at Venture Coaches, an Ottawa venture firm responsible for Severn Bridge Investments, Venture Coaches Fund, and Canadian Cleantech Fund. Claude is a professional engineer and has more than 30 years history in a variety of technical, general management and venture investing roles in the high technology sector. He has a wealth of experience in building successful technology companies in Canada from start-up to acquisition and IPO. Prior to Venture Coaches, he held a number of executive positions at Newbridge, including Vice-President and General Manager of the Newbridge ATMnet Business Unit. Claude grew the unit from inception to a $200-million-per-annum business. Before joining Newbridge, he held senior management positions at Mitel Corporation and Leigh Instruments.

"I welcome Claude to the Board of Directors and look forward to his contribution to our continuing success," said Richard White, President and CEO of Elliptic. "With two consecutive, record quarters in bookings and billings, Elliptic looks to Claude to help us manage the strong growth at Elliptic. We plan to draw on both his extensive experience in general management and his mentorship and development of more than 25 companies over the past decade."

"It is my pleasure to join the board of Elliptic and I look forward to guiding the company as it continues its remarkable success with customers around the world," said Claude Haw, Managing Partner of Venture Coaches. "Growth brings its own challenges but I am confident in the ability of the team to continue their solid execution and support of their customers through the industry's broadest portfolio of security solutions."

About Venture Coaches

Venture Coaches is a venture capital firm dedicated to building strong companies in the IT and Cleantech sectors. Our primary geographic focus is Canadian opportunities with a particular emphasis on the Montreal, Ottawa and Toronto corridor, and the Calgary and Vancouver areas. For more information contact info@venturecoaches.com

About Elliptic

Recently ranked as the fastest growing provider of security semiconductor IP by Gartner, Elliptic provides semiconductor intellectual property (IP) cores and middleware for secure communications ranging from low power to multi-gigabit per second implementations. Elliptic SIP cores enable system-on-chip designers to efficiently balance power, performance and silicon area in complex security-based systems. Demanding customers in markets such as implantable devices, wireless, storage, content distribution and high performance communications trust Elliptic IP cores.