TIME MAGAZINE NAMES SYSTEMONIC AS ONE OF "EUROPE'S 50 HOTTEST TECH FIRMS" FOR SECOND CONSECUTIVE YEAR

Prestigious Annual Listing Published in Digital Time Magazine Heralds Europe's Most Innovative New Products and Most Promising Business Models


San Jose, CA and Dresden, Germany (July 30, 2002) - Systemonic, a leading developer of complete silicon system solutions for the global wireless communications market, today announced it has been selected to the esteemed "Europe's 50 Hottest Tech Firms" list by Time Magazine in its recent edition of Digital Time. This is the second year running that privately held Systemonic has been mentioned in the semiconductor section with publicly traded, industry giants such as Arm Holdings (NASDAQ: ARMHY), Infineon Technologies (NYSE: IFX) and ST Microelectronics (NYSE: STM). Systemonic was selected because of its unique ability to quickly create new products that process many communications standards at multiple frequencies.

"We are ecstatic about our second selection to this noted list," said Ruediger Stroh, President and CEO of Systemonic. "This selection further validates our approach to providing solutions for the myriad of protocols and standards that have emerged in wireless communications. Only a programmable approach to digital processing combined with world-class RF technology will create solutions with the performance and flexibility to cost-effectively meet the needs of the new wireless communication market."

Systemonic recently demonstrated its industry-leading solution to key Asian OEMs at this month's N+I in Tokyo. The TondelayoTM 1 chipset provides a complete IEEE 802.11a+b solution targeted at both client and access point applications. The company offers a complete dual band PC Card reference design for WLAN modem card manufacturers and portable computer OEMs.

About Systemonic
Systemonic delivers complete silicon system solutions for the global wireless communications market. Pioneers in multi-protocol and multi-band technology, Systemonic's silicon systems deliver wireless streaming video, data, and voice applications in homes, offices, and public places. The company's flexible, high-performance solutions help global computer, networking and consumer product OEMs speed the deployment of systems, compatible with multiple combinations of wireless standards, to market. Headquartered in San Jose, CA and Dresden, Germany, Systemonic also has operations in Maynard, MA and representation throughout North America, Europe, and Asia.


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