Perfisans Holdings Inc.
OTC Bulletin Board : PFNH

Perfisans Holdings Inc.

June 17, 2005 11:05 ET

Major Graphics Card & Motherboard Manufacturer Partners with Perfisans 'PFNH' to Manufacture Perfisans' Gigabit Ethernet Network Interface Cards

LOS ANGELES, CALIFORNIA--(CCNMatthews - June 17, 2005) - Perfisans Networks Corp. (OTCBB:PFNH), a next-generation fabless semiconductor company focused on the burgeoning Gigabit Ethernet market, announced today its partnership engagement with PC Partner for the manufacturing of its Gigabit Ethernet network interface cards (NIC).

Commencing operations since July 1997, PC Partner has grown to become a major contract manufacturer of motherboards and video graphics cards, for such industry leaders as ATI Technologies (NASDAQ:ATYT). PC Partner brings the expertise, experience, assured high quality, and manufacturing capacity, needed by Perfisans to meet the challenges of the rapidly growing Gigabit Ethernet network interface market place.

Immediately, PC Partner will produce several Network Interface Cards that Perfisans will have slated for the market place. These include the true Gigabit Ethernet single-port Network Interface Card (NIC) (part number ENA5031) incorporating the Perfisans ENA1001 chip. In addition, a single-port NIC with PCI-Express interface and a dual-port NIC with PCI-Express products are scheduled to follow. The high performance low cost PCI Express products will target the Small Offices/Home Offices (SOHO) market. They feature superior (while flexible) bus connection with 2.5 Gigabits per second bandwidth capability.

To Hon Lam, Perfisans President & Co Founder adds "PC Partner will also produce products under OEM brand names and part numbers utilizing the ENA1001 chip which further validates our products for market acceptance. In addition to the industry leading, benchmark true gigabit data throughput speed, these NIC products will now also set the de facto high quality standard demanded by the key enterprise and SOHO sectors of the networking industry".

"Perfisans' partnership engagement with PC Partner for the manufacturing of our industry leading true gigabit Ethernet NIC cards represents a key milestone in our penetration of the global next generation data-telecom and network processing market place," said To-Hon Lam, Perfisans' CEO. "As one of the prime manufacturers of leading edge graphics cards and PC motherboards, PC Partner can offer competitive supply while maintaining the highest quality standards, which are both essential as Perfisans increases its share of this rapidly growing market place."

Strategically located in Guangdong province in China, PC Partner is ideally situated to support Perfisans in serving the key Asian markets, where majorities of the high growth, volume networking hardware OEMs are based.

PC Partner's CEO Tony Wong said he is delighted to be able to play a significant role in working with Perfisans to tap into the explosive gigabit Ethernet market with its impressive family of products, and he looks forward to a long lasting relationship with Perfisans as it brings future products to the market.

ABOUT PC PARTNER:

PC Partner Limited (PCP) (www.pcpartner.com) is a world class contract manufacturer supplying leading OEM/ODM customers and system integrators around the world since 1997. PCP's expertise encompasses the development of personal computer products, ranging from home computers to the latest Pentium 4-based motherboards, and video graphics cards for such leading players as ATI Technologies (NASDAQ: ATYT). PCP is ISO9001 certified and consistently adheres to the highest quality standards.

ABOUT PERFISANS HOLDINGS INC.

Founded in 2001, Perfisans Holdings, Inc. is an emerging fabless semiconductor company focused on developing leading edge, cost-effective, system-on-chip (SOC) integrated circuits (IC) and delivering innovative solutions that address the performance needs of next generation network interface systems. Rapidly being recognized and endorsed by industry leaders for its innovative ASIC architectures, the Company's technologies have applications in data-telecommunication, storage networks, content delivery networks, broadband networks, and rich streaming media.

Commercial and private network systems that utilize Perfisans' true gigabit Ethernet accelerator products reward their operators with significantly faster network data throughput speeds, increased day-to-day operating efficiencies and enhanced bottom line performance. Enterprise operators also welcome Perfisans' full standards compliance and backward compatibility that makes possible significant systems performance upgrades to existing network systems at very low cost, by avoiding the necessity for operators to buy expensive additional equipment. In addition, Perfisans' unique, modular, micro-engine ASIC architectures yield industry leading performance in very small chip sizes, which bear low manufacturing costs. By contrast, leading competitive vendors have opted for over-kill, CPU intensive chip designs which deliver sub-par performance in costly, large chip sizes.

More information can be obtained from the Company's web site at www.perfisans.com.

Cautionary Statement

This press release contains statements relating to future results of Perfisans (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; changes in product mix; product obsolescence; the availability of manufacturing capacity; fluctuations in manufacturing yields; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the uncertainties of litigation; our ability to attract and retain qualified personnel; as well as other risks and uncertainties, including those detailed from time to time in Perfisans' Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information