NUMONYX™ Enters Memory Market with a Strong Position

STMicroelectronics, Intel and Francisco Partners Complete Deal to Create New, Innovative Memory Company

GENEVA, March 31, 2008 – Numonyx B.V. officially became the latest semiconductor company today, focusing on delivering innovative memory solutions using combinations of leading NOR, NAND and RAM memory technologies as well as new Phase Change Memory (PCM). The new company starts as the leading dedicated memory specialist serving customers who make a variety of consumer and industrial devices including cellular phones, MP3 players, digital cameras, ultra-mobile computers and other high-tech equipment.

Numonyx begins its operations in the growing and dynamic non-volatile memory business market with considerable momentum. The company is the leading provider of NOR flash memory and holds a considerable line-up of NAND technologies for added growth as well as DRAM products that provide unique product depth and value. Combined, Numonyx becomes the third largest non-volatile memory provider with a combined annual revenue of approximately US $3 billion*.

“It is rare when a company starts in such a strong position,” said Brian Harrison, chief executive officer of Numonyx. “The complementary nature of the two parent companies’ products, technologies and expertise has given us a competitive edge. We start with a comprehensive product line-up of leading technologies; dedicated capacity; already leading PCM development and delivery; a highly experienced management team and an amazing employee base of memory experts. Immediately, Numonyx is a formidable memory solutions provider.”

The broad range of leading technologies and products will give Numonyx a unique advantage and flexibility in how it helps solve customer needs – configuring systems with the right balance of density, performance, power and cost. According to a report by industry analyst firm iSuppli, the non-volatile memory market generated nearly $22.5 billion in revenue in 2007 and it is expected to surpass $37.7 billion by 2011.

Leading with Technology and Manufacturing Muscle
Part of Numonyx’ strength is built on its ability to develop and deliver cutting-edge technologies and advanced manufacturing capabilities – the building blocks for leading non-volatile memory products. The company is currently producing high volume 65nm NOR memory chips and plans to quickly move to 45nm before the end of the year, enabling state-of-the-art technology at lower costs. In addition, Numonyx possesses some of the most sophisticated packaging and stacking techniques in the industry to enable more flexible and space-saving configurations for customers.

To meet demands for Numonyx memory chips, the company will possess both wafer fabrication and assembly and test manufacturing facilities in addition to holding external supply agreements. These facilities include six 200 mm and three 300 mm wafer fabs, including Numonyx owned facilities in Israel, Italy and Singapore. This will give Numonyx the flexibility to produce any combination of NOR, NAND and RAM wafers depending on customer demand.

A Distinguished History, A Promising Future
With 40 years of combined experience from Intel and STMicroelectronics, Numonyx is receiving a substanial worldwide patent portfolio from Intel and STMicroelectronics. The patents and applications cover a variety of technologies including flash memory and PCM, graphics, cell phones, storage media, processors, semiconductor manufacturing and packaging, and various consumer devices. Numonyx also brings a history of breakthroughs and milestones including seven generations of Multi-level Cell (MLC) technologies.

“Our broad portfolio of intellectual property, patents and expertise will serve as the cornerstone for Numonyx. We intend to build on this rich history with even more innovation.” added Harrison.

An example of this, earlier this month Intel and STMicroelectronics announced that the industry’s first functional prototypes (code named “Alverstone”) of a future product using PCM was being sampled to customers. The parent companies also presented a research paper describing how they created the world’s first demonstrable high-density, MLC large memory device using PCM technology. PCM is a promising new memory technology that provides very fast read and write speeds at lower power than conventional flash, and allows for bit alterability normally seen in RAM.

The Numonyx executive team is comprised of seasoned industry veterans from both Intel and STMicroelectronics as well as other industry executives. Brian L. Harrison, formerly vice president and general manager of the Flash Memory Group for Intel has been appointed chief executive officer and Mario Licciardello, corporate vice president and general manager of STMicroelectronics’ Flash Memories Group has been appointed chief operating officer.

Headquartered in Switzerland and incorporated in the Netherlands, Numonyx has approximately 7,000 employees worldwide with facilities in USA, Italy, China, Israel, Singapore, Malaysia, and Philippines. Bank financing for the new venture is being provided by Intesa Sanpaolo s.p.a and Unicredit Banca d'Impresa s.p.a.

About Numonyx
Numonyx designs and manufactures a full complement of integrated NOR, NAND and Phase Change non-volatile memory technologies and products to meet the increasingly sophisticated needs of customers in the cellular and embedded markets. Numonyx combines the technology and manufacturing expertise of the flash memory divisions of Intel Corporation and STMicroelectronics, and is dedicated to providing high density, low power memory technologies and packaging solutions to a global base of customers. Additional information about Numonyx is available at www.numonyx.com.

* Based on preliminary data from iSupply Q4 2007 CLT and AMFT reports

NUMONYX™ 以强大势头进军存储器市场

意法半导体、英特尔及Francisco Partners公司完成交易成立崭新、创新的内存公司

日内瓦3月31日讯– Numonyx于今日正式粉墨登场成为半导体业里的最新公司，通过联合采用世界领先的NOR、NAND与RAM内存科技以及崭新的相变存储器（PCM）而专门提供创新的存储器方案。该新合资公司将负起领先存储器专家的使命，为制造一系列广泛的消费电子产品及工业设备的客户效力，应用领域包括手机、MP3播放器、数码相机、高度流动的计算机及其它高科技设备。

Numonyx以强大势头进军发展迅速且活跃的非易失性存储器业务市场。它除了是NOR内存的领先提供商，还持有相当广泛系列的NAND内存科技促进发展，更聚集了提供独特产品深度及价值的DRAM内存产品。集三大内存科技为一身的Numonyx立即摇身一变成为最三大非易失性存储器提供商，组合年度收益达约美金30亿元*。

Numonyx首席执行官Brian Harrison 透露：“新成立的公司能够以这么强劲势头高举旗帜进军，不是平常的一件事。我们两家母公司的产品、科技及专长相得益彰，赋予了我们一个竞争优势。我们除了持着一系列领先的全面产品、专用才能、占有一席之地的相变存储器发展与呈现问世之外，还获得一组资深的管理人员以及一班熟练存储器而令人钦佩的员工支持。有鉴于此，Numonyx立即有如带着令人生畏的光环而驾到的存储器解决方案提供商。”

一系列广泛的领先科技与产品使Numonyx 拥有独特的优势及灵活性，能够全面地协助客户寻找解决方案及迎合他们的需求，以最佳组合的密度、性能、力量及价钱配置系统。根据存储器领域分析家集团iSuppli的一项报告，非易失性存储器市场在2007年创下近美金225亿元的收益，并估计在2011年前达到逾美金377亿元的收益。

以先进科技和制造实力遥遥领先
Numonyx强劲实力的一部分来自发展及呈现最前线的科技与先进的制造功能，而这无非是前沿性非易失性存储器产品的结构单元。该公司目前生产高容量65毫微米的NOR存储器片，并打算在今年年底前尽快改良至45毫微米，落实以更低廉的价格取得顶尖水准的技术。除外，Numonyx 是存储器领域里拥有最优质的包装与堆集技术，提供客户更灵活及更节省空间的配置。

为了迎合对Numonyx存储器片的需求，该公司除了依赖本身的芯片制造及装置与测试制造设备之外，还与外部供应商定下协议。Numonyx的设备包括六个200毫米及三个300毫米的薄片制造厂，而其中包括Numonyx本身在以色列、意大利和新加坡拥有的设备。通过这些充足的设备，Numonyx能够有伸缩性地依照客户的需求而生产任何组合的NOR、NAND 及RAM系统芯片。

后有卓著的历程，前有光明的宏景
继承英特尔（Intel）及意法半导体（STMicroelectronics）联合40年的资深经验，Numonyx 从这两家母公司接管了一系列相当广泛组合的全球专利权。这些专利权及应用程序概括各方面不同的科技，包括内存与相变存储器、图形、手机、存储媒体、处理器、半导体制造与包装以及其他各种消费产品设备。同时，Numonyx 也带来创新纪录及新里程碑的历程，其中包括七世代的多层式储存（MLC）科技。

Harrison接说：“我们广泛组合的知识产权、专利权及专门技术为 Numonyx 奠定了巩固的基础，同时鞭策我们努力不懈地通过更多的创新来延续发展这深厚的历史。”

上述努力的例子就有如英特尔及意法半导体在本月早些时候所宣布，存储器领域里一个采用相变存储器（PCM）技术的未来晶片的首创功能原型（其代号称为“Alverstone”）已公开给客户试用。而这两家母公司也呈现了一份研究报告描述它们如何采用相变存储器科技制造世界第一可论证的高密度、多层式储存的巨大内存设备。相变存储器技术是一个引人瞩目的新兴内存科技，号称能以低于传统快闪记忆体的功耗来提供极高的读写速度，并且能实现一般在RAM内存才看得到位元可变性（bit alterability）能力。

Numonyx的执行管理组是由来自英特尔及意法半导体而拥有广泛经验的老将，以及其他该领域里的执行人员组成。英特尔内存组前副总统兼总经理Brian L. Harrison被任命为Numonyx的首席执行官，而意法半导体内存组的企业副总统兼总经理Mario Licciardello则被任命为Numonyx的业务总裁。

在荷兰组成公司但总部位于瑞士的Numonyx在全球分布于美国、意大利、中国、以色列、新加坡、马来西亚和菲律宾的设备厂里雇佣总共约七千名员工。Intesa Sanpola s.p.a 和Unicredit Banca d’Impresa s.p.a 提供银行财务给予新业务经营

关于Numonyx的简介
Numonyx的主要业务在于设计及制造一系列全面互补的综合性NOR、 NAND及相变非易失性存储器科技与产品，以迎合手提电话与嵌入设备市场里日益精细的客户需求。Numonyx集英特尔（Intel Corporation）及意法半导体（STMicroelectronics）内存部门的技术及制造专长于一身，致力为全球各地的客户提供高密度、低电源的内存科技及包装方案。欲知详情关于Numonyx，请浏览网址www.numonyx.com。

*根据iSupply 2007年第四季CLT和AMFT报告里的初步数据