SOURCE: Enigma Semiconductor

May 10, 2006 15:03 ET

Enigma Semiconductor Strengthens Management Team With VP of Marketing

SANTA CLARA, CA -- (MARKET WIRE) -- May 10, 2006 -- Enigma Semiconductor, an emerging technology leader in next-generation switching silicon, today announced Ian Ferguson, 40, has joined the company as vice president of marketing. This strengthening of Enigma's management team comes on the heels of Enigma's designation as a finalist in Red Herring's Top 100 Innovators award program.

At Enigma, Ferguson will manage the strategic direction for the company's HybriCore semiconductor products, as well as manage partnerships and OEM customer relationships. The HybriCore Architecture™ was announced last fall, capable of delivering more than 280 Gbps per switch for two terabits of full duplex, non-blocking traffic across the system backplane. Developed with the high demands of triple play applications in mind, the HybriCore architecture provides network system developers with the ideal core switch fabric for the next generation of ultra high-density networks.

"With significant engineering progress and increasing customer traction over the past few months, we are pleased to have Ian on board to manage and develop our key relationships," said Rob Sturgill, president and CEO of Enigma Semiconductor. "In today's semiconductor business environment, strategic partnerships are crucial to success."

Ferguson joins Enigma from QuickLogic, where he was vice president and general manager of the Advanced Products Division. At QuickLogic, Ferguson was responsible for the QuickMIPS product line, including new product definition and management of relationships with key partners including Intel Corp. and Hitachi Semiconductor. He brings more than 18 years of marketing, strategic partner management and sales experience in semiconductor companies focused on delivering proprietary technology optimized for embedded applications including IDT and Motorola.

He holds a Bachelor's degree in Electrical Engineering from Loughborough University, United Kingdom and currently resides in the San Francisco Bay area.

About Enigma Semiconductor

Enigma Semiconductor is an emerging leader in chip-level 10G and 40G switch fabric solutions for next generation networking systems. The Company's unique architecture combined with its advances in component integration enable system developers to break new ground in system efficiency. A fabless semiconductor company headquartered in Santa Clara, Calif. and with research and development in Copenhagen, Enigma Semiconductor is backed by key technology investors including InnovationsKapital, Northzone Ventures, Startupfactory, Techno Venture Management, and Vaekstfonden. Visit Enigma Semiconductor on the web at

HybriCore is a trademark of Enigma Semiconductor. Other trademarks or registered trademarks mentioned herein are the intellectual property of their respective owners.

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