Wavesat Inc.

Wavesat Inc.
Atmel Corporation

May 03, 2005 08:00 ET

Wavesat and Atmel to Develop Compatible WiMAX Chipset Solution; Baseband and RF Chips Will Simplify WiMAX System Developments


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: WAVESAT INC.

AND ATMEL CORPORATION

NASDAQ SYMBOL: ATML

MAY 3, 2005 - 08:00 ET

Wavesat and Atmel to Develop Compatible WiMAX Chipset
Solution; Baseband and RF Chips Will Simplify WiMAX
System Developments

MONTREAL, QUEBEC--(CCNMatthews - May 3, 2005) - Wavesat Inc., a leading
developer of WiMAX silicon, and Atmel Corporation (NASDAQ:ATML), a
worldwide leader in the development, fabrication and sale of advanced
semiconductors, announced they are leveraging their current
manufacturing relationship of the world's first WiMAX compliant PHY to
develop compatible Baseband and RF chips for the 802.16 market as early
as Q4/ 2005.

This proactive teamwork agreement for a WiMAX chipset will feature
Wavesat's Evolutive™ DM256 WiMAX baseband ASIC and Atmel's WiMAX
compliant radio. Atmel's radio, under development now, will have
variants covering the 2.5/3.5 GHz licensed bands. These two chips are
designed to interface seamlessly with Wavesat's PHY solution to simplify
WiMAX system designs by providing a fully compatible WiMAX solution that
includes the PHY layer as well as the radio transceiver.

"This Wavesat/Atmel WiMAX chipset solution is a clear advantage," said
Jeff Leasure, Marketing Manager for Atmel's WiMAX radio solutions. "Our
customers will benefit from a low risk, low-cost, fast time to market
and high performance solution based on years of baseband and radio
expertise. By creating a variant of our WiMAX compliant radio
architecture to specifically interface with the Wavesat baseband
solution, we can simplify system communication issues in a reference
design."

"The decision to move forward with greater technical and marketing
collaboration with Atmel will provide additional tools, for both our
organizations, to better serve our customers and considerably lower
their systems costs," said Michel Guay, President and CEO of Wavesat.
"Our customers will have access to a complete chipset solution as well
as Wavesat's user-friendly development platform and support."

About Wavesat

Founded in 1993, Wavesat Inc. is a fabless semiconductor company focused
on the development and supply of OFDM baseband chips. Wavesat is
headquartered in Montreal, Canada where it conducts research and
development activities and is a privately held company. Key investors
include BDC Venture Capital, Monet Capital, Multiple Capital Montreal,
Pac-Link Management Corp., Skypoint Capital Corporation, Solidarity Fund
QFL and Sunsino Ventures Group.

Wavesat is a Principal member of the WiMAX Forum, a nonprofit
corporation formed to certify the compatibility and interoperability of
broadband wireless access devices conforming to the 802.16 Wireless MAN
specifications and to help accelerate the introduction of these devices
into the marketplace. For additional information about Wavesat, please
visit the company's web site at www.wavesat.com.

About Atmel

Atmel is a worldwide leader in the design and manufacture of
microcontrollers, advanced logic, mixed-signal, nonvolatile memory and
radio frequency (RF) components. Leveraging one of the industry's
broadest intellectual property (IP) technology portfolios, Atmel is able
to provide the electronics industry with complete system solutions.
Focused on consumer, industrial, security, communications, computing and
automotive markets, Atmel ICs can be found Everywhere You Are®.

(C) Atmel Corporation 2005. All rights reserved. Atmel®, logo and
combinations thereof, Everywhere You Are® and others, are registered
trademarks of Atmel Corporation or its subsidiaries.

-30-

Contact Information