Faraday Allies with Barco Silex

Faraday Selects Barco Silex as Sales Rep for Benelux and France, Expanding Design Services, Technical Support and Sales in European Markets

HSINCHU, TAIWAN & Louvain-La-Neuve, BELGIUM - September 9th, 2002 - Faraday Technology Corporation (TAIEX: 3035), today announced the appointment of Barco Silex to represent the company's ASIC business in Belgium, the Netherlands, Luxemburg, and France. Barco Silex will enhance Faraday's ASIC product line to European customers by providing them local design services, technical and business support. Services offered by Barco Silex include SoC projects, RTL signoff, design specification entry, custom engineering tasks, and obsolete chip netlist translation. Other support services range from project evaluation to logistics and financing.

"Faraday's advanced technology and comprehensive IP portfolio, combined with its world-class turnkey design service supports and close relations with leading fabrication partners like UMC, help customers achieve their ASIC objectives in very short cycles with very low risks, heading to faster time-to-market and greater profitability," said Mr. Thierry Watteyne, General Manager of Barco Silex.

"We are pleased to have Barco Silex on our list of European sales representatives," said Rene Lee, Head of Faraday's European operations. "Barco Silex has been providing a variety of high-skilled design services to customers. In addition to sales and marketing activities, Barco Silex is also regarded as a technology partner of Faraday where SoC and IP's are the focus activities. We are sure that the relationship with Barco Silex will further contribute to both companies' strong growth and many successful projects in the European industrial, telecom and wireless markets." Meanwhile, both Companies are exploring further co-operation on a global base design services activities.

Faraday's IP products and ASIC solutions are offered through a worldwide network of direct sales and representatives. The company serves hundreds of customers in a diverse group of electronic markets, including storage, PC peripheral, telecom, data communication, imaging processing, video/audio, and digital consumer products.

About Barco Silex
Barco Silex, belonging to the Belgian electronic BARCO group, innovator in image processing, is a design house with high skilled engineers and offices in France and Belgium, specialized in high-end ASIC, SoPC/SoC, IP design and subsystem hardware/software development for more than 10 years. More information and an overview of Barco Silex' expertise is available at http://www.barco-silex.com

About Faraday Technology Corporation
Faraday Technology Corporation has been providing remarkable ASIC design services and valuable IPs (Intellectual Properties) for customers ranging from small start-ups to large multinational IC design houses and system houses. With annual revenue of 2.4 billion NT Dollars in 2001 and more than 380 employees, Faraday is the largest organization of its type in the Asia-Pacific area. Headquartered in Hsinchu, Taiwan, Faraday has branch offices around the world, including the U.S.A., Japan, China and Europe. More information on Faraday is available at http://www.faraday.com.tw