Appointment of ICmic as Consultant for Master Plan Development in Microelectronics for the Kingdom of Saudi Arabia.

Cyberjaya, Selangor, 21 November 2007: IC Microsystems Sdn Bhd [ICmic] today announced that the company has been appointed as Consultant by King Abdulaziz City for Science and Technology [KACST] of Riyadh, Kingdom of Saudi Arabia for the development of a national plan for science and technology for the Kingdom in the areas of microelectronics and IC design.

The consultation includes providing input and recommendations for Saudi Arabia’s entry into specific industry segment, development of human resources, Technology Park, incubators and start-ups companies together with the setting up of relevant authorities to manage and oversee various implementation stages.

“ We are very pleased with this appointment as this is yet another recognition of our capabilities” said Abd Rashid Munir, the Chief Executive Officer of ICmic. “This is another ICmic’s participation at global level utilising our highly skilled professionals and extensive experience in setting up IC design company in Malaysia”.

ICmic will also provide the linkage for the Saudi Arabia’s engineers to be trained in IC design at ICmic-UniKL Academy. The Academy is a collaboration between ICmic, Majlis Amanah Rakyat [MARA] and Universiti Kuala Lumpur [UniKL] in IC design competency development.

In Malaysia, ICmic is a leading IC design company, with an office in Santa Clara, California USA. The company is actively involved in the development of the IC products and skill enhancement in IC design. At present, ICmic has more than 80 IC devices in its product portfolio with extensive customer-base worldwide.

Recently, ICmic received recognition from the Malaysia’s Ministry of Entrepreneur and Co-operative Development for the company’s contribution in developing human capital in IC design competency.

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About ICmic

ICmic Sdn Bhd (www.icmic.com) is a leading IC [integrated circuit] Design Company based in Cyberjaya, Malaysia with an office in Santa Clara, California. It is a Multimedia Super Corridor (MSC) status company and has a global customer base with proven products performance in costs and technology. The company’s product portfolio also includes world-class Mixed-Signal IC’s in the form of Digital to Analog Converters IC’s, fixed-line Phone IC’s, RFIC’s and Serial EEPROM.

About KACST

King Abdulaziz City for Science & Technology (KACST) (http://www.kacst.edu.sa) is an independent scientific organization of the Saudi Arabian Government, established in 1977 under the name of Saudi Arabian National Center for Science ?& Technology (SANCST) and later in 1985 renamed as ‘King Abdulaziz City for Science & Technology (KACST)’. From its inception in 1977, KACST had been carrying out its mission in the promotion of science & technology in the Kingdom by coordinating and cooperating with various universities, agencies and institutions concerned with research and technology, and encouraging Saudi experts to undertake research that will help promote the development and evolution of the society. Besides this, KACST, through cooperative agreements with international science and technology institutions/organizations, encourages closer ties with friendly countries.

For more information, please contact Puan Shafura Mat Saman at 03-83191919 or shafura@icmic.com.