ElectriPHY Appoints Seasoned Semiconductor Executive to Top Leadership Post; Ray Farnham Named Chief Executive Officer

New Chief Executive Brings Vast Experience and a Proven Tack Record to Advance VDSL Technology Leader

SANTA CLARA, Calif., Jan. 31 /PRNewswire/ -- ElectriPHY Corporation, a leading provider of advanced IC devices that accelerate broadband access, today announced the expansion of its management team with the appointment of Raymond Farnham as President and Chief Executive Officer. Mr. Farnham brings a wealth of knowledge in the areas of engineering, operations, sales and executive management from his thirty-two years of experience in the high technology sector. He is responsible for positioning and leading the company into the future -- including executing an aggressive development roadmap, successfully introducing ElectriPHY's products to worldwide customers and capturing a substantial share of the market for broadband access devices. Mr. Jim Apfel, ElectriPHY's founding CEO, has been appointed to the newly created position of Executive Vice President, Sales and Marketing.

Mr. Farnham most recently was President and CEO of Precision I/O, a privately-funded developer of high performance server networking solutions. Prior to Precision I/O, he was President and CEO of IDS Software Systems, a privately-held supplier of semiconductor data management and yield enhancement software. IDS Software was sold to PDF Solutions, Inc. in September, 2003. Prior to IDS, he served as a Director, Chairman of the Board, President and Chief Executive Officer of Hi/fn, Inc. -- a provider of compression and encryption semiconductor and software solutions. From 1996 through 1998, he was Executive Vice President of Integrated Device Technology Inc. (IDT), a supplier of microprocessor, logic and memory integrated circuits to communication and computer customers worldwide. Previous to IDT, Mr. Farnham was President and Chief Executive Officer of OPTi, Inc., a developer of semiconductor products for PC motherboard OEMs. From 1972 through 1993, he held numerous management positions at National Semiconductor Corporation, with his final position being President of the Communication and Computing Group.

"I'm excited about the tremendous growth opportunities in the broadband access market," said Mr. Farnham. "I believe ElectriPHY's comprehensive expertise in digital, analog and firmware technologies uniquely position it to capitalize on this opportunity. The combination of the market, the high caliber of the ElectriPHY team and its visionary roadmap for future products were all critical factors in my decision to join the company."

"I am pleased to have Ray join the company as our CEO," said Jim Apfel. "I believe ElectriPHY is staged for tremendous growth going forward and Ray is the right person to lead the company through its next phase".

About ElectriPHY Corporation

ElectriPHY provides chipsets for accelerating broadband access. The company's high-performance VDSL products feature the flexibility and long reach required to radically change the dynamics of enabling "Triple-Play" services (voice, video and data) for all markets worldwide. ElectriPHY's highly programmable technology provides optimized performance while delivering low power and cost. Privately held ElectriPHY is located in Santa Clara, California. For more information, go to http://www.electriphy.com/.

NOTE: ElectriPHY is a registered trademark of ElectriPHY Corporation.

CONTACT: Jay Aggarwal of ElectriPHY Corporation, +1-408-748-8000, or
Email Contact; or Heidi Groshelle of Groshelle Communications,
+1-415-563-1893, or Email Contact, for ElectriPHY

Web site: http://www.electriphy.com/

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