AmberWave, Mitsubishi form alliance to introduce strained silicon to Japan's semiconductor manufacturers

Jan. 6, 2003 - Salem, NH - AmberWave Systems, a commercial source for implementing market-ready strained silicon technologies, has formed a strategic alliance with Mitsubishi Corp. to introduce strained silicon to Japanese semiconductor manufacturers.

Mitsubishi will act as AmberWave's exclusive agent in Japan and will help the company establish a presence in the Japanese market.

Under terms of the multi-year agreement, Mitsubishi will work with AmberWave to identify target companies, foundries, and IDMs, and will act as AmberWave's sales agent in Japan. Mitsubishi's sales force will begin offering strained silicon test wafers and starter kits to Japanese companies looking to integrate strained silicon into their manufacturing processes. Mitsubishi will also work with AmberWave to help the company license its IP to Japanese manufacturers.

About AmberWave Systems
Founded in 1998, AmberWave Systems has become a leader in the research, development and licensing of advanced technologies for semiconductor manufacturing. By funding and guiding university research, AmberWave Systems is bringing new technology developments to fruition through patents and technology licensing. In conjunction with its university research projects, AmberWave Systems conducts its own research, development and limited manufacturing in its semiconductor fabrication facility in Salem, New Hampshire. In addition, AmberWave Systems collaborates with other technology focused companies to further expand and develop its research. For more information about the company, please visit its Web site at www.amberwave.com.