eSilicon Corporation Announces Mike O'Malley as VP Finance & CFO; Industry Veteran Brings Deep Financial & Operations Experience to Fabless Custom Chip Provider

    SUNNYVALE, Calif.--June 16, 2003--eSilicon Corporation, a leading fabless custom chip company, today announced that R. Michael O'Malley has joined the company as vice president of finance and chief financial officer, reporting to Jack Harding, chairman, president and CEO.
    O'Malley brings more than 25 years of high technology finance and operations experience to eSilicon(TM). Prior to joining eSilicon, Mr. O'Malley was VP of finance and CFO for TelCom Semiconductor, where he lead a successful initial public offering. O'Malley also served as chief operating officer at TelCom, managing the wafer fabrication facility and off-shore assembly and test operations. Prior to TelCom, Mr. O'Malley held CFO posts for a variety of semiconductor and technology companies, including Concurrent Logic, Domain Technology and Linear Technology, where he also led a successful IPO.
    "I'm delighted to have someone of Mike's caliber on board to oversee our growing business," said Jack Harding, chairman, president and CEO of eSilicon Corporation. "Mike's extensive experience in private and public financing, coupled with his domain knowledge of our business round out the eSilicon management team."
    "I'm excited to be part of an innovative, high growth organization like eSilicon," said Mike O'Malley. "I look forward to assisting eSilicon as it moves into its next phase of development," added O'Malley.
    Mike O'Malley holds a BS degree from the University of Virginia and an MBA from Stanford Business School. He serves on the board of directors of All Sensors Corporation.

    About eSilicon Corporation

    eSilicon Corporation is a full-service provider of custom chips to the world's leading electronics companies. Founded in 2000, the company's unique approach manages every step of the IC development process - from specification through manufacturing and delivery of packaged and tested parts. eSilicon offers value-added design and manufacturing expertise, with an ebusiness infrastructure that provides significant visibility, predictability and time-to-market advantages. Headquartered in Sunnyvale, CA with offices in Allentown, PA, and Murray Hill, NJ, eSilicon has approximately 80 employees. For more information about eSilicon, visit www.eSilicon.com.

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