Faraday and ARM Announce New Partnership

TAIPEI, TAIWAN and CAMBRIDGE, UK - June 14, 2001- Faraday Technology Corp [(Faraday) (Hsin-Chu, Taiwan)] and ARM [(LSE:ARM); (Nasdaq:ARMHY)], the industry's leading provider of 16/32-bit embedded RISC microprocessor solutions, announced today that Faraday has become a design licensee under the ARM Foundry Program. Initially, designs will be based on the ARM7TDMI® core, the ARM922T[tm] core and the ARM946E[tm] core microprocessors.

"ARM is the most successful silicon IP provider in the world and we are pleased to enter into this agreement," said H.P. Lin, president, Faraday. "For a long time, Faraday has been working with low-power RISC CPUs and the SoC design service business model will enable a total ASIC solution that contains ARM® technology."

This agreement will further promote ARM core IP in the embedded industry and help to bring a new generation of ARM core-based solutions to market faster, while enabling Faraday to provide a new level of system-on-chip (SoC) devices. Faraday provides silicon IP, ASIC and design services to its customers, which range from design house start-ups to international, industry-leading system companies.

"By combining Faraday's service strengths with the ARM Partnership business model, we will reinforce our commitment to providing our Partners with the industry's leading embedded RISC microprocessor IP," said Jamie Urquhart, chief strategy officer, ARM. "We are looking forward to further collaboration with Faraday in the future."

About ARM
ARM is the industry's leading provider of 16/32-bit embedded RISC microprocessor solutions. The company licenses its high-performance, low-cost, power-efficient RISC processors, peripherals, and system-chip designs to leading international electronics companies. ARM also provides comprehensive support required in developing a complete system. ARM's microprocessor cores are rapidly becoming the volume RISC standard in such markets as portable communications, hand-held computing, multimedia digital consumer and embedded solutions.
More information about ARM, its services and/or products, please visit our Web site at http://www.arm.com

About Faraday Technology Corporation
Faraday Technology Corporation has provided remarkable ASIC design services and valuable IPs (Intellectual Properties) for customers ranging from small start-ups to large international IC design houses and system houses since it was founded in 1993. Today, Faraday Technology Corporation is the largest organization of its type in the Asia-Pacific area, with more than 250 employees and annual revenue of 74 million US dollars in 2000. The company is headquartered in Hsinchu, Taiwan and has sales offices around the world, including the U.S.A., Japan and Europe.

More information about Faraday, its services and/or products, please visit our Web site at http://www.faraday.com.tw.

Ends

ARM and ARM7TDMI are registered trademarks of ARM Limited. ARM922T and ARM946E are trademarks of ARM Limited. All other brands or product names are the property of their respective holders. "ARM" is used to represent ARM Holdings plc (LSE: ARM and Nasdaq: ARMHY); its operating company ARM Limited; and the regional subsidiaries ARM, INC.; ARM KK; ARM Korea Ltd., ARM Taiwan.