Tech Executive Steve Frison Joins Ambric as Vice-president of Software

BEAVERTON, Ore. — September 25, 2006 — Ambric™ Inc. has named Steve Frison vice- president of software, responsible for software development tools and applications. Frison joins Ambric from his position as vice-president of Systems and Software at Stexar Corporation, a developer of intellectual property for digital signal processors. Ambric is developing a new type of programmable integrated circuit (IC) platform that will help electronics companies accelerate time-to-market for their products while slashing system development costs.

"Steve brings great value to our software organization and management team," said Howard Bubb, CEO and chairman. "He has deep technical knowledge and excellent operational experience, having led the successful development of products for markets ranging from digital media, video server, and internet messaging to concurrent computers, groupware, and business software applications."

"Much of my career has been focused on multiprocessor and concurrent processing systems," said Frison. "Ambric gives me a great opportunity to continue working in the area that fascinates me but even more importantly gives me the chance to help change high performance computing as we know it today. This is a great opportunity and I am excited about it."

About Steve Frison

Before joining Ambric, Frison was the vice-president of Systems and Software at Stexar Corporation. Previously, he was the COO and CTO for DivX, Inc., a leading maker of video sharing technologies. Before that, Frison was the president and COO of CenterSpan Communications Corporation, a developer of secure, software-based Internet and intranet content delivery solutions. Prior to that, Frison held positions in other technology companies including Intel Corporation where he was engineering manager for the Personal Conferencing Division and Rational Software, Inc. where he was director of Consulting Services. He holds a Bachelor of Science in Mathematics and Computer Science from Portland State University.

About Ambric, Inc.

Ambric is a fabless semiconductor company that is developing a new type of software-programmable, high-performance IC platform based on the first practical programming model for massively-parallel embedded computing. Ambric's products will help electronics companies accelerate time-to-market for their products while slashing development costs. Established in 2003 and headquartered in Beaverton, Ore., Ambric has received funding from ComVentures, OVP Venture Partners, Northwest Technology Ventures, and private investors. Visit www.ambric.com for the latest news and information on the company.

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