NanoAmp Solutions Acquires Gigarams Semiconductor Device Corporation

SAN JOSE, Calif., USA -- September 24, 2004 -- NanoAmp Solutions, Inc. is pleased to announce the completion of its acquisition of Gigarams Semiconductor Device Corporation (GSDC). GSDC is a Taiwan design house that during the past five years has developed a powerful team of memory design engineers with extensive skills in high-speed DDR SDRAM, low-power SDRAM and PSRAM products. GSDC will operate as a wholly owned subsidiary of NanoAmp Solutions.

"Together GSDC and NanoAmp intend to develop a comprehensive range of specialized memory products," said Warren Fondrie, vice president of sales and marketing at NanoAmp. "This acquisition will further deepen our existing customer relationships and support a broader range of new product developments."

Ares Hu, President of GSDC said, "With strong financial support, a complimentary product line and the established worldwide sales network of NanoAmp, the management and employees of GSDC are excited about this acquisition. This enables us to continue with our vision of designing, marketing and selling high-performance Memory ICs for a wide range of applications, and we look forward to working with NanoAmp."

SOURCE Nanoamp Solutions, Inc.


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