Perfisans Holdings Inc.

Perfisans Holdings Inc.

March 17, 2005 08:00 ET

Perfisans Networks Announces Another Design Win With Zhejiang Orient FSP Communication Company Limited


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: PERFISANS HOLDINGS INC.

OTC Bulletin Board SYMBOL: PFNH

MARCH 17, 2005 - 08:00 ET

Perfisans Networks Announces Another Design Win With
Zhejiang Orient FSP Communication Company Limited

LOS ANGELES, CALIFORNIA--(CCNMatthews - March 17, 2005) - Perfisans
Networks Corp. (OTCBB:PFNH) -

PERFISANS MAKES IN-ROADS IN CHINA FOR CARRIER AND WIRELESS BROADBAND
NETWORK SOLUTIONS

Perfisans Networks Corp. (OTCBB:PFNH), a next-generation fabless
semiconductor company focused on the burgeoning Gigabit Ethernet market
announced today another design win with Zhejiang Orient Fibersense
Photonics Communication Company Limited (FSP), (www.fsp.com.cn). FSP
will utilize Perfisans new ENA1001 gigabit Ethernet accelerator chip in
its next generation of high performance, high efficiency network and
802.16-based wireless broadband systems.

FSP is a leading provider of telecommunication services and wireless
broadband solutions, and is a supplier of optical network equipment to
China's carriers and large enterprise private networks. FSP serves the
China Market with over hundred field sales staff in its offices in
Hangzhou, Beijing, Chengdu, and Shenzhen.

"FSP's selection of Perfisans' ENA1001 Gigabit Ethernet Accelerator chip
represents another major validation of our technology and a significant
step towards penetrating high-performance networking markets," said
To-Hon Lam, Perfisans President and CEO. "As one of China's largest
telecommunications service and solution providers, FSP has substantial
expertise and business relationships with major carriers and large
enterprises. By integrating our chipsets into their network products,
FSP can offer cost-effective, high-performance solutions to their
customers."

This is a major step for Perfisans to tap into the explosive growth of
the telecommunications and wireless broadband markets in China.
Commercial and private network systems that utilize Perfisans' ENA1001
reward their operators with significantly increased day-to-day operating
efficiencies and enhanced bottom line performance. In addition, the
ENA1001's full standards compliance and backward compatibility 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.

Joseph Lin, Chairman of FSP, said, "Our products have always been on the
cutting edge of commercial and private networking and computing
technology. After evaluating several competing chips, we concluded that
Perfisans' ENA1001 is 'best in product' able to help us reach the next
plateau in high performance and efficiency network solutions, and will
give us the edge we need to significantly increase our share of the
China market place."

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 systems. Rapidly being recognized by industry
leaders for its innovative network interface products, the Company's
technologies have applications in telecommunication, data communication,
storage networks, content delivery networks, broadband networks, and
rich streaming media.

Perfisans' proprietary chip technology is fully standards-compliant, and
provides high efficiency, high-quality network connections for both
business and home applications. The Perfisans' ENA1001 efficiently
processes the TCP/IP protocol stack, and at speeds10 times faster than
typical 10/100M-bit networks, thereby significantly improving the
efficiency of the network. 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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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Perfisans Networks Corporation
    David Green
    888-847-6972 x264
    ir@perfisans.com
    or
    Aurelius Consulting Group
    Dave Gentry
    Investor Relations
    (407) 644-4256
    www.runonideas.com