ASAT Holdings Limited and LSI Logic Enter Into Flip Chip Cross-License Agreement

HONG KONG and PLEASANTON, Calif., June 6 /PRNewswire-FirstCall/ -- ASAT Holdings Limited (NASDAQ: ASTT), a global provider of semiconductor package design, assembly and test services, today announced that it has entered into a multi-year cross-licensing agreement with LSI Logic Corporation (NYSE: LSI) under which LSI Logic will provide ASAT with a license to use its Flip Chip semiconductor package assembly technology. In addition, LSI Logic will certify ASAT's assembly process using Copper/Low K technology.

(Logo: http://www.newscom.com/cgi-bin/prnh/20030414/ASATLOGO )

"Our agreement with LSI Logic represents another important milestone in the continued growth of our Flip Chip business," said Harry R. Rozakis, chief executive officer of ASAT Holdings Limited. "By adding LSI Logic's proven Low K silicon technology to the leading-edge Flip Chip process we licensed from Amkor earlier this year, ASAT will have the technological capabilities to meet current and future customer requirements in the growing Flip Chip market."

"By bringing new technologies into the manufacturing domain through licensing and partnerships, LSI Logic is enhancing its packaging-manufacturing capabilities to better serve our worldwide customer base," said Maniam Algarathanam, LSI Logic vice president of Advanced Package Development and Assembly. "ASAT's licensing of LSI Logic's advanced Flip Chip assembly process technology for deep sub-micron Copper/Low K technology provides assembly suppliers with advanced packaging-manufacturing technology and reinforces LSI Logic's packaging leadership position."

About ASAT Holdings Limited

ASAT Holdings Limited is a global provider of semiconductor assembly, test, and package design services. With 15 years of experience, the Company offers a definitive selection of semiconductor packages and world-class manufacturing lines. Today the Company has operations in the United States, Asia and Europe. ASAT Inc. is the exclusive distributor of ASAT Holdings Limited's services in the United States. For more information, visit www.asat.com.

About LSI Logic

LSI Logic Corporation focuses on the design and production of high-performance semiconductors for Consumer, Communications and Storage applications that access, interconnect and store data, voice and video. LSI Logic engineers incorporate reusable, industry-standard intellectual property building blocks that serve as the heart of leading-edge systems. LSI Logic serves its global OEM, channel and distribution customers with standard-cell ASICs, Platform ASICs, standard products, host bus adapters, RAID controllers and software. In addition, the company supplies storage network solutions for the enterprise. LSI Logic is headquartered at 1621 Barber Lane, Milpitas, CA 95035. http://www.lsilogic.com .

CONTACT: Mohan Kirloskar, +1-925-398-0400, or Email Contact; or Jim Fanucchi of Summit IR Group Inc., +1-408-404-5400, or ir@asat.com, both for ASAT Holdings Ltd.; or Kevin Brett, +1-408-433-7150, or kbrett@lsil.com; for ASAT Holdings Ltd.

CONTACT: Mohan Kirloskar, +1-925-398-0400, or Email Contact; or
Jim Fanucchi of Summit IR Group Inc., +1-408-404-5400, or Email Contact, both
for ASAT Holdings Ltd.; or Kevin Brett, +1-408-433-7150, or
Email Contact; for ASAT Holdings Ltd.

Web site: http://www.lsilogic.com/
http://www.asat.com/




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