Virtual Silicon Names Jeff Elias VP of Worldwide Sales



SUNNYVALE, Calif.--(BUSINESS WIRE)--Aug. 25, 2003--Virtual Silicon Technology, Inc., a leader in semiconductor intellectual property, today announced that Jeff Elias has joined the company as the vice president of worldwide sales. Elias will be responsible for sales development throughout Virtual Silicon's worldwide markets, including North America, Europe, Asia and the Middle East.

Elias has a wide base of sales expertise within the IP, ASIC and software markets. He was previously the vice president of worldwide sales at InSilicon and, prior to that, served as the vice president & general manager for North America at Option International. Other career highlights include sales leadership positions at Valid Logic, Silicon Compilers and Matra MHS. Elias holds a B.S.E.E. from the University of Michigan and an MBA from the University of Santa Clara.

"Jeff's experience in the IP and semiconductor industries and his close ties with many key customers worldwide make him a perfect fit for Virtual Silicon," said Barry Hoberman, Virtual Silicon president and CEO. "Jeff will provide a strong point of leadership as Virtual Silicon continues to grow our sales team to reach into new markets and expand our customer base."

"Virtual Silicon's excellent executive team and high-quality semiconductor IP products are well positioned to lead the SoC market," said Elias. "I am very pleased to be a part of the continued growth of Virtual Silicon and look forward to contributing to its success."

About Virtual Silicon Technology

Virtual Silicon is a leading supplier of semiconductor intellectual property and process technology to manufacturers and designers of complex systems-on-chip (SoC). Headquartered in Sunnyvale, Calif., the company provides process-specific embedded components that serve the wireless, networking, graphics, communication and computing markets. Customers include leading fabless semiconductor companies, integrated semiconductor manufacturers, foundries, and SoC developers who demand leading edge technology for their semiconductor innovations. For more information, call 408-548-2700 or visit Virtual Silicon online at www.virtual-silicon.com.

The Heart of Great Silicon, Silicon Ready and Virtual Silicon are trademarks of Virtual Silicon Technology, Inc.

CONTACT: Virtual Silicon
             John A. Ford, 408-548-2737
             
Email Contact
             or
             VitalCom Marketing and PR
             Lou Covey, 650-637-8212 ext. 202
             
Email Contact



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