NEC ELECTRONICS AND MYSTICOM AGREE ETHERNET CORE LICENSE AGREEMENT
10 December 2003 - Mysticom

NEC Electronics Corporation Mysticom announced that the companies have reached an agreement for Mysticom to license the MystiPHY 110, a DSP-based 10/100 Mbps Ethernet physical (PHY) core to NEC Electronics and its affiliate companies worldwide. This agreement will enable NEC Electronics to expand its portfolio of integrated system LSI solutions that support the growing Ethernet connectivity needs in communication, industrial control and consumer electronics applications.

'NEC Electronics continues to execute its global strategy to seek out best-in-class IP cores to pair with its technology offering and provide customers with a wide range of available solutions. As the use of Ethernet expands into more and more applications, companies need the ability to quickly develop a wide range of Ethernet-enabled devices,' said Tetsuo Yoshino, general manager, 1st Custom LSI Division, NEC Electronics Corporation. 'Mysticom's 10/100Mbps Ethernet PHY core has been proven in many silicon technologies, and can be easily integrated into our various system LSI products. The combination of NEC Electronics' existing IP cores and this Ethernet PHY core lets us provide a new system LSI solution to our customers.'

Based upon a patent-pending architecture, the DSP-based MystiPHY 110 is a proven, high- performance 10/100 Mbps Ethernet PHY core designed to simplify integration into complex system LSI products and migration to future CMOS process technologies, providing customers with fast time to market, flexibility, guaranteed interoperability, and scalability. The optimized architecture also helps reduce die size and lower power consumption, making an ideal solution for both consumer applications as well as high-end communication system products.

'We are excited to partner with a semiconductor industry leader such as NEC Electronics,' said Rex Kiang, director of marketing at Mysticom. 'NEC Electronics' extensive offering of ASICs and ASSP products and its world-class system LSI expertise will provide greater market access to Mysticom's technology and solidify our position as the leading supplier of Ethernet PHY cores.'

About NEC Electronics
NEC Electronics Corporation (TSE: 6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handsets, PC peripherals, automotive and digital consumer markets, and platform solutions for a wide range of customer applications. NEC Electronics Corporation has 24 subsidiaries worldwide including NEC Electronics America, Inc. (www.necelam.com) and NEC Electronics (Europe) GmbH (www.ee.nec.de). In addition to marketing, selling and supporting NEC Electronics products to customers in their respective regions, NEC Electronics America and NEC Electronics Europe also operate local manufacturing facilities in Roseville, California, and Ballivor, Ireland, respectively. Additionally, NEC Electronics America for North America and NEC Electronics Europe for Europe are the sales and marketing channels of NEC AM-LCD and PDP modules. For additional information about NEC Electronics worldwide, visit www.necel.com

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