Perfisans Holdings Inc.
OTC Bulletin Board : PFNH

Perfisans Holdings Inc.

June 22, 2005 08:00 ET

Perfisans Announces the 10-Gigabit Ethernet Solution

LOS ANGELES, CALIFORNIA--(CCNMatthews - June 22, 2005) -

Perfisans is ready to enter the next generation 10 Gigabit networking market projected for rapid growth from $570 million in 2005 to reach $3.3 Billion by 2009

Perfisans Networks Corp. (OTCBB:PFNH), a next-generation fabless semiconductor company focused on the burgeoning Gigabit Ethernet market, announced today the development of a 10-Gigabit Ethernet Accelerator design on the Intel (NASDAQ:INTC) high performance system.

The 10-Gigabit Ethernet Accelerator IC (Integrated Circuit) is compliant to the industry 10G standard. Perfisans combines the 10-Gigabit Ethernet function with the PCI-Express interface, TCP/IP offload and Direct Memory Access features in a single chip to provide the low cost yet high performance product to the enterprise market. This product will support optical interconnect and multiple software platform including Microsoft (NASDAQ:MSFT) and Linux operating system. The product will be used on all networking market segments including NIC market, IP Storage Area Network (IP SAN) and Content Delivery Network (CDN). With this new 10-Gigabit solution customer will have significant performance gain on those high data availability applications.

To-Hon Lam, Perfisans CEO and co-founder said, "The fact that we can design another industry performance leading product in such a short development time is another significant measure of the excellence of our team, and the efficiency of our unique chip architecture. What makes us unique and a leader in our sector is our proprietary System-on-Chip (SoC) and modular design methodology which has significantly reduced our design turnaround time and thus offer us quick to market solutions."

KEYWORDS: 10-Gigabit Ethernet, PCI-Express, TCP/IP Offload, Network Interface Cards

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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