Faraday Announces First ASIC Design Win Through Arrow Electronics ASIC Customers Can Efficiently Leverage Arrow's Distribution Sales Network

to Access Faraday's World-Class ASIC Capability

    HSINCHU, Taiwan, and SUNNYVALE, Calif., Jan. 29 /PRNewswire/ -- Faraday
 Technology Corporation (TAIEX: 3035), a leading ASIC and IP provider
 announced today that the recently formed distribution partnership between
 Faraday and Arrow North American Components (NAC), a business unit of Arrow
 Electronics, Inc. (NYSE:   ARW), has successfully won its first ASIC design.
 After several months of productive training and joint promotion, both
 companies look forward to the opportunity for many more high volume ASIC
 designs as a result of this partnership. ASIC users in the North American
 continent can now take advantage of the extensive support and coverage of
 Arrow's sales network and regional design centers to access the world-class
 ASIC services and IP portfolio from Faraday.
     This first design win is from a system company located in the Pacific
 Northwest. The application is industrial controller, and its design
 includes embedded processor with a list of IP cores. Through Arrow's
 extensive sales network and corporate strength, Faraday and Arrow have
 prepared a complete and compelling package of technical and business
 solutions for the customer.
     "We are truly impressed with the professionalism and market knowledge
 that the Arrow team brings to the partnership," said Dr. George Hwang, Vice
 President of R&D and International Business at Faraday Technology
 Corporation. "The focus and intensity that the Arrow team exhibited in
 closing this first design win is refreshing and invigorating to all of us
 at Faraday. We are truly convinced that Arrow will be able to catapult
 Faraday onto the world stage of VLSI ASIC services in 2007 and beyond."
     "Arrow appreciates the breadth and depth of Faraday's proven IPs and
 ASIC capability," remarked Chris Miller, Director, Customer Logic Solutions
 Group (formerly ASIC Business Group), Arrow North American Components.
 "Faraday is an excellent match for those high volume system-on-chip
 applications and a new solution to meet our customers' needs. Together,
 both companies are working on multiple design win opportunities, and we
 look forward to many more opportunities in the future."
     About Arrow North American Components
     The North American Components (NAC) business of Arrow Electronics, Inc.
 is a leading provider of semiconductors and passive, electromechanical, and
 connector products, services, and supply chain solutions tailored to serve
 distinct customer segments with dedicated sales teams. Three primary,
 customer-focused NAC groups serve these market segments: The Arrow/Zeus
 Electronics Group targets the aerospace and military markets; the Arrow
 Electronics Components Group serves local OEM and contract manufacturing
 customers; and the Arrow Alliance Group focuses on large customers with
 complex needs.
     Arrow Electronics, Inc. (http://www.arrow.com) is a major global
 provider of products, services and solutions to industrial and commercial
 users of electronic components and computer products.
     About Faraday Technology Corporation
     Faraday Technology Corporation is a leading silicon IP and fabless ASIC
 vendor. The company's broad silicon IP portfolio includes 32-bit RISC CPUs,
 DSPs, MPEG4, H.264, PHYs/Controllers for USB 2.0, 10/100 Ethernet, Serial
 ATA, PCI Express, Cell Library and Memory Compiler. With more than 700
 employees and 2006 revenue of US$171 million, Faraday is one of the largest
 fabless ASIC companies in the Asia-Pacific region, and it also has a
 significant presence in other world-wide markets. Headquartered in Taiwan ,
 Faraday has service and support offices around the world, including the
 U.S. , Japan , Europe, and China . For more information, please visit:
     Press Contact, Faraday           Press Contact, Arrow
     Selina Ko                        Krista McNamara
     Marketing Manager                Manager, Corporate Communications
     +886.3.578.7888 ext.8350         +1.631.847.5454
     selina@faraday-tech.com          kmcnamara@arrow.com

SOURCE Faraday Technology Corporation

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