Tensilica®, Inc. Named to the Red Herring 100 For Second Consecutive Year

Pioneer in Configurable and Extensible Microprocessors Recognized by Red Herring Editors for Innovation and Business Strategy

Santa Clara, Calif., May 13, 2002 -- Tensilica Inc., the configurable and extensible microprocessor pioneer, today announced that Red Herring, the premier magazine of business technology and innovation, has named Tensilica to the Red Herring 100 for the second consecutive year.

The Red Herring 100 recognizes the top 50 public and the top 50 private companies whose services, business models, products and quality of management define business innovation. It previews the leaders of tomorrow in a number of key technology-related sectors, including software, biotechnology, wireless, communications services, media, hardware, nanotechnology, consumer electronics and energy.

"The editors of Red Herring have recognized that Tensilica is successfully translating a revolutionary processor technology into an expanding portfolio of customer licenses within a broad spectrum of industries and applications," said Chris Rowen, CEO of Tensilica. "With our configurable and extensible processor cores, organizations are now able to fashion optimized, customized microprocessors specific and unique to their new products, while at the same time achieving significantly reduced system design time, cost and complexity."

In its sixth year, the Red Herring 100 has become the most respected list of its kind. Red Herring editors compile the list by using the same combination of subjective insights and hard metrics favored by venture capitalists and investment bankers. These factors predict a company's ability to disrupt existing markets or create entirely new ones.

The Red Herring 100 is featured in the June 2002 issue of Red Herring magazine and is also available on www.redherring.com. It includes a short profile of Tensilica.

About Tensilica
Tensilica was founded in July 1997 to address the fast-growing market for configurable processors and software development tools for high volume, embedded systems. Using the company's proprietary Xtensa Processor Generator, system-on-chip (SOC) designers can develop a processor subsystem hardware design and a complete software development tool environment tailored to their specific requirements in hours. Tensilica's solutions provide a proven, easy-to-use, methodology that enables designers to achieve optimum application performance in minimum design time. The Company has over 140 engineers engaged in research, development, and customer support from its offices in Santa Clara, California; Burlington, Massachusetts; Princeton, NJ; Austin, Texas; Raleigh, NC; Oxford, U.K.; Stockholm, Sweden; Taipei, Taiwan, R.O.C.; and Yokohama, Japan. Tensilica is headquartered in Santa Clara, California (95054) at 3255-6 Scott Boulevard, and can be reached at (408) 986-8000 or via www.tensilica.com on the World Wide Web.
 

Tensilica is a registered trademark of Tensilica, Inc.

Contact Info:
 

Tensilica, Inc.		Tensilica, Inc.
Kim Alfaro		Joany Draeger, Tanis Communications
(408) 327 7343		(650) 365-3395
kim@tensilica.com		joany@taniscomm.com