ONSET Ventures Leads $6.1 Million Series B Investment in

Funding strengthens Brilliant’s new product development and global expansion efforts

Campbell, Calif. January 28, 2008 – Brilliant Telecommunications, Inc. (Brilliant), a developer of next-generation network synchronization and time solutions, today announced it has secured $6.1 million in Series B funding, bringing Brilliant’s total raised capital to $13.2 million. ONSET Ventures led the round with participation from Asset Management, Draper Associates, Draper Richards, and additional strategic investors. Series B funds raised will be used to expand sales efforts, support on-going field trial and deployment activities.

“This financing round provides the opportunity for Brilliant to augment our product development efforts as well as expand market penetration in the US and internationally.” said Dr. Charles Barry, president and chief executive officer, Brilliant Telecommunications. “The continued confidence shown by our investors ensures that we will continue to realize our vision of delivering timing solutions for today’s TDM-based networks while offering a migration path to IP-rich technologies and lead the way for carrier-class IP backhaul networks.”

Brilliant Telecommunications has developed an innovative approach to deliver timing and synchronization solutions required for the next-generation of bandwidth hungry, revenue generating, time-sensitive applications such as streaming video, interactive gaming, IPTV and VoIP. Brilliant’s hardware platforms coupled with the company’s service level agreement (SLA) performance and monitoring software, provide a complete edge-to-core solution for the service provider that are deployable, manageable and affordable. Brilliant offers a full spectrum of highly accurate timing products which include network timing servers and clients, OEM modules, licensable intellectual property core technology and network management systems.

Brilliant has entered into major engagements with multiple mobile telecommunications market leaders, providing timing solutions that ensure handoffs, reduce dropped calls and enable femtocells that work seamlessly anywhere in the IP backhaul network.

“We are pleased with the traction Brilliant has been gaining with telecommunications service providers, domestically and abroad,” said Susan Mason, general partner, ONSET Ventures, and Brilliant board member. “This underscores the market potential for Brilliant’s technology to conquer the challenges faced by the network today and in the future”

About ONSET Ventures
ONSET Ventures specializes in providing “venture craftsmanship”–an ideal mix of start-up, follow-on, and intellectual capital to entrepreneurs and early-stage technology ventures, to help transform world-class ideas into sustainable and valuable businesses. The firm has backed over 100 companies since 1984 and now has more than $700 million under management. Based in Menlo Park, California, ONSET focuses exclusively on information and medical technology-based start-ups, and has a long history of successful ventures in each of these sectors. www.onset.com

About Brilliant Telecommunications
Founded in 2004, Brilliant Telecommunications designs, develops and distributes a family of network timing, management and synchronization solutions, including carrier-class network time protocol (NTP) and precision time protocol (PTP) servers, Primary Reference Sources (PRS), and Building Integrated Timing Supplies (BITS). These highly accurate end-to-end timing network solutions deliver Service Level Agreement (SLA) monitoring and management capabilities, in addition to providing timing and synchronization to the most time-sensitive applications in legacy and next-generation IP networks.

For more information please visit www.BrilliantTelecom.com

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Silterra Invest $100M In Expanding Capacity

lterra Malaysia, a leading pure play wafer foundry in Malaysia announced today that it has invested US$100 million in its Phase 1 capacity expansion in the existing fab.  The capacity expansion consists largely of 0.13u and also some 90nm capability.  This will bring Silterra’s capacity to between 35,000 -40,000 wafers per month depending on the product mix.  This is in line with the company’ s 3-phase expansion plan announced on July 18, 2007 and marks completion of Phase 1 of the plan.  The current process technologies are capable of mixed analog/digital, High Voltage, RFCMOS and low power.

Phase II of the expansion plan involves the acquisition of another 8″ fab for Silterra to have better economies of scale.  Silterra has been actively looking for an 8″ fab to add to its capacity.  The Phase III plan is to build a 12″ fab for 90nm and 65nm technologies.

In additional to mixed analog/digital generic processes, Silterra has been focusing on High Voltage, RFCMOS and Low Power processes.  Silterra is one of the leaders in HV process offering 0.18u 32HV, 0.16u 32HV and it plans to roll out 32V High Voltage process for 0.13u in Q4.  Silterra has also scored significant milestones in RFCMOS.  With 0.18u in production, Silterra plans to roll out RF models for 0.16u and 0.13u in early Q1 and Q2 respectively.

“We have quite a number of customers who have started many designs of significant volume with us over the pass 9-12 months and we want to make sure that we deliver to their needs.  In addition to the investment in capacity, we have invested resources to ensure our models, PDK and IPs are accurate and silicon proven before our customers use them.  Our first time silicon success rate has increased tremendously since,” said Mr. Kah Yee Eg, CEO of Silterra. “We are very focused in providing our customers with world class manufacturing quality and assisting them in producing the highest quality products.”He added.
About Silterra Malaysia Sdn Bhd
Market demand driven, Silterra Malaysia Sdn Bhd is a semiconductor wafer foundry offering major foundry compatible CMOS logic, high-voltage and mixed-signal/RF technologies down to 0.13-micron feature size. This includes complete, competitive contract manufacturing for fabless and IDM customers,designs.

Environmentally vigilant, Silterra delivers award winning, world-class performance to its customers seeking flexible capacity, competitive advantages and around the clock customer support. Silterra is ISO 9001:2000 and ISO 14001 certified. Founded in 1995, the company’s headquarters and factory are located in Malaysia’s Kulim High-Tech Park, and Silterra has sales and marketing offices in San Jose (California) and Hsinchu (Taiwan). For additional information on Silterra or its services, please visit www.silterra.com.