Alliance Memory, Inc. Acquires Asynchronous SRAM Business From Alliance Semiconductor

SAN MATEO, Calif.—(BUSINESS WIRE)—July 18, 2006— Alliance Memory, Inc.; a worldwide provider of memory products today announced it has completed the acquisition of the Asynchronous SRAM business from Alliance Semiconductor of Santa Clara, California. This acquisition includes the IP, mask sets, patents, wafers, die bank, manufacturing rights and a large supply of finished goods previously held by Alliance Semiconductor. With this acquisition Alliance Memory, Inc. will maintain support for the existing Alliance Semiconductor customer base.

Alliance Memory, Inc. supports the full range of 3.3V and 5V asynchronous SRAMs used with mainstream digital signal processors (DSPs) and microcontrollers. The part numbering system will remain the same in the transition from Alliance Semiconductor to Alliance Memory, Inc.

"With the exit of the number one SRAM manufacturer from the market the marketplace today has thousands of customers requiring legacy products," says David Bagby, President and CEO of Alliance Memory, Inc. "Our commitment is to the legacy SRAM products and to providing the excellent customer service, delivery and reliability that the market has come to expect from its leaders."

Customers can immediately contact Alliance Memory, Inc. to purchase asynchronous SRAMs at info@alliancememory.com.

Alliance Memory, Inc. is a worldwide provider of legacy memory products for the communications, computing, industrial and consumer markets. Alliance supports the full range of 3.3V and 5V asynchronous SRAMs used with mainstream digital signal processors (DSPs) and microcontrollers. Alliance Memory is a privately held corporation. For more information please visit our website www.alliancememory.com.



Contact:
Alliance Memory, Inc.
Eric Reinhardt, 650-814-2316

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