Perfisans Holdings Inc.
OTC Bulletin Board : PFNH

Perfisans Holdings Inc.

June 14, 2005 08:01 ET

Perfisans Announces Test Results Showing its ENA1001 as the Fastest Networking Chip Available in the Market Today

LOS ANGELES, CALIFORNIA--(CCNMatthews - June 14 2005) -

PRODUCTIONS BEGIN FOR DELIVERY OF PERFISANS GIGABIT ETHERNET ACCELERATOR ASIC CHIP: ENA1001

Perfisans Networks Corp. (OTCBB:PFNH), a next-generation fabless semiconductor company focused on the burgeoning Gigabit Ethernet market, announced today it has received the production samples of its new ENA1001 Gigabit Ethernet Accelerator TOE chip from its fabricator.

Internal test shows that the ENA1001 accelerator chip exceeds industrial gigabit transmit and receive data throughput and speed expectation, making Perfisans' chip a true gigabit Ethernet Accelerator in terms of both speed and performance.

To-Hon Lam, Perfisans CEO and co-founder proudly announces that "our internal test has shown that every board using ENA1001 tested under various conditions has delivered over 945Mbps speed. These test results show that this is the fastest chip currently available on the market today. No other product comes closer in speed and performance; Our internal tests using third parties throughput performance software have shown that our chip beats super high-end multi-hundred dollar chip performance from brand-name companies such as Intel (NASDAQ:INTC), Broadcom (NASDAQ:BRCM) and Marvell (NASDAQ:MRVL)". The ENA1001 not only beats out competitors (based on our internal tests) in speed performance but in price as well.

"This is a major milestone for Perfisans" said To-Hon Lam, Perfisans CEO and co-founder. "The fact that we have entered the market with an industry performance leading product in so short a development time frame, and with minimal capital expenditure, is a significant measure of the excellence of our team, and the efficiency of our unique chip architecture".

The ENA1001 has exceeded all performance expectations in Perfisans internal laboratory tests.

"Even without these results the ENA1001 has already earned orders of over $2 million to date" said Perfisans VP of Business Development and co-founder, Bok Wong, "and, with our production-ready design kit, the chip is set to reap substantial market share, tapping into the explosive growth of the networks and telecommunications markets". Bok Wong adds "These internal test results will only enhanced our sales efforts and we look forward on building onto this momentum".

Volume shipments of ENA1001 are expected to begin in the 3rd quarter of 2005, and the company expects to see revenue' ramping upwards as it strives to meet its 2005 revenue goals of $8 million.

Computer systems that utilize Perfisans' ENA1001 can significantly increase the day-to-day operating efficiencies and enhance their bottom line performance. It is important to note that the ENA1001 is full standards compliance and backward compatibility which makes possible significant systems performance upgrades to existing network systems at very low costs without companies having to invest in additional expensive equipment upgrades.

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.

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