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Wednesday, November 11 - 2009

Global Semiconductor Alliance nominates Open-Silicon for industry excellence award

Open-Silicon, Inc. (Open-Silicon), a leading US chip manufacturer, and a Unicorn Investment Bank (Unicorn) private equity portfolio company, has been nominated one of the top three private semiconductor companies by the Global Semiconductor Alliance.

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The San Jose-based trade group's awards program recognizes semiconductor companies that have demonstrated excellence through their vision, strategy, execution and future opportunity in the industry. The awards ceremony will be held in Santa Clara, California, later this month.

Commenting on the nomination, Aamir Khan, Unicorn's Head of Global Private Equity, said:
"We are pleased that Open-Silicon has been nominated for this award and proud that the company has been recognized for its outstanding efforts in providing cost-effective, predictable and reliable custom microchip solutions. Open-Silicon has managed to build a differentiated and highly successful business model and is a clear market leader in the fabless space."


Established in 2003 by the founders of Intel Microelectronics, a subsidiary of Intel, Open-Silicon designs and manufactures Application Specific Integrated Chips (ASICs) for a broad group of clients in the consumer electronics and telecom sectors. The company's turnkey semiconductor service offerings allow clients to outsource all services required to deliver high quality semiconductor solutions that they would otherwise need to develop internally at a very high cost.
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Notes and media contacts

About Open-Silicon:

Open-Silicon is a fabless Application Specific Integrated Circuit (ASIC) company that was founded to bring cost-effectiveness, predictability, and reliability back to the ASIC market. The Company designs and manufactures custom microchips for products used in consumers' day-to-day lives in the Cellular Wireless, Set-top Box, Digital Home, Computer, and Network Communication industries.

Open-Silicon's turnkey services include product definition, design engineering, wafer fabrication, package and assembly, test engineering and logistics. The company delivers custom microchips to the market with unprecedented predictability and reliability, allowing clients to create differentiated products with confidence in their ability to meet time to market needs.

Open-Silicon is led by a world class management team, each with an average of 21 years of semiconductor experience. The company has over 100 design wins, over 55 unique customers and has shipped over 30 million parts since inception. The Company is based in Milpitas, California and has over 100 employees (75% of them engineers) in 7 locations around the world.

About Unicorn Investment Bank:

Founded in May 2004 and based in Bahrain, Unicorn Investment Bank B.S.C. (c) (Unicorn) is an Islamic investment bank, with an international presence in the United States, Malaysia, the United Arab Emirates and Turkey. Unicorn is built around six core business lines: Corporate Finance, Capital Markets, Private Equity, Asset Management, Strategic Mergers & Acquisitions and Treasury. To date, Unicorn has advised, structured and successfully placed deals with a total value of over $3.5bn. The Bank has achieved consistent growth since its inception and has received widespread industry recognition for excellence and vision.

Media contacts:

Mai Aljishi
Corporate Communications
Unicorn Investment Bank
Phone: +973 17566214

Mary Khamasmieh
Buchanan Middle East
P.O. Box 282032 Dubai, UAE
Tel: 971 4 3698581
Fax: 971 4 3698556

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