***SiGe Semiconductor Secures US $42.8 Million in Series B
Funding
(January 14)

SiGe Semiconductor, a supplier of analog integrated circuits for
wireless access, cable telephony and high-speed optical systems,
today announced it has raised US $42.8 million in Series B
funding. The investment is the third highest round of financing
closed by a fabless semiconductor company during the last year,
according to the Fabless Semiconductor Association.

SiGe Semiconductor's integrated circuits are designed using
silicon germanium technology. The company states that this
improves performance, battery life and size of a wide range of
wireless and broadband products, including Bluetooth-enabled
portable devices, WLAN access points, high-speed optical
interfaces, global positioning by satellite systems, cordless
telephones, and 2G, 2.5G and 3G cellular handsets.

SiGe Semiconductor believes the funding reflects thecompany's
success during the last two years, during which they increased
product revenues, extended support and distribution channels,
brought their sixteenth product to market, and established new
facilities in Hong Kong, San Diego, Boston, and London. SiGe
Semiconductor customers includes Alps, Arris, Bromax, Gemtek, LG
Innotek, Micro-Star, Microtune, Photon, Samsung Electro-
Mechanics, and Stratos Lightwave.

The lead investor was Boston-based TD Capital Technology
Ventures, joined by new United States investors 3i US and Prism
Venture Partners, along with returning investors VenGrowth
Capital Partners Inc., CDP Capital, Business Development Bank of
Canada (BDC), Capital Alliance Ventures, and Canadian Science &
Technology Growth Fund.

www.sige.com


Wave Issue 0301 1/17/03 Article 4-01