Released on = August 3, 2006, 6:26 am

Press Release Author = Al Hawtin

Industry = Semiconductors

Press Release Summary = Faraday Technology Corporation and Elliptic Semiconductor
announce a marketing partnership that will allow Faraday\'s ASIC customers easy
access to Elliptic\'s portfolio of security IP cores, software and technolgy support.
Faraday will assist Elliptic expand their IP business world wide.

Press Release Body =
FARADAY AND ELLIPTIC FORM STRATEGIC MARKETING PARTNERSHIP FOR WORLDWIDE ASIC AND IP
BUSINESS EXPANSION

Hsinchu, Taiwan and Ottawa, Canada - August 3, 2006 Faraday Technology Corporation
(TAIEX: 3035), a leading ASIC and Silicon IP provider, today announced that
Elliptic, a leading supplier of cryptographic semiconductor intellectual property
(SIP), has joined Faraday\'s Design Access Partnership Program. According to the
terms of the agreement, Faraday\'s ASIC customers are entitled to easy access to
Elliptic\'s broad portfolio of security IP cores, software and technology support,
while Faraday will provide marketing and sales support to help Elliptic expand their
IP business worldwide.

Elliptic has a broad portfolio including security IP cores and embedded software.
Its symmetric cryptographic cores such as AES and triple DES algorithms offer
performance capability up to 50 Gbps. Key exchange functions are supported through
single purpose or dual capability RSA and Elliptic Curve Cryptography (ECC) cores as
well as true and pseudo-random number generator functions.

\"We are pleased to join Faraday's Design Access Partnership Program to provide our
comprehensive portfolio of security IP to Faraday's customers and prospects,\" said
Al Hawtin, Vice President of Marketing at Elliptic Semiconductor. \"Most of
Elliptic's cores are configurable, and thus enable customers to achieve a desired
balance between gate count and performance by selecting core options. With Faraday's
broad SIP portfolio, robust ASIC design experiences and Elliptic's application
know-how, customers can fully leverage our security solutions.\"

\"We continue to expand our SIP portfolio in response to the market demand. With
Elliptic, we are now able to address the increasing requests of implementing
security algorithms in SoC designs,\" said Dr. George Hwang, Faraday's Vice President
of R&D and Marketing. \"Elliptic is a best-in-class provider of security IP, and
we\'re pleased to have them join Faraday's Design Access Partnership Program to
provide our customers the highest quality encryption solutions,\" Dr. Hwang
concluded.

About Faraday Technology Corporation
Faraday Technology Corporation is a leading silicon IP and fabless ASIC vendor. The
company\'s broad SIP portfolio includes 32-bit RISC CPUs, DSPs, MPEG4, H.264,
PHYs/Controllers for USB 2.0, 10/100 Ethernet, Serial ATA, PCI Express, Cell Library
and Memory Compiler. With more than 650 employees and 2005 revenue of US$175
million, Faraday is one of the largest fabless ASIC companies in the world, and it
also has a significant presence in other world-wide markets. Headquartered in
Taiwan, Faraday has service and support offices around the world, including the
U.S., Japan, Europe, and China. For more information, please visit
www.faraday-tech.com

About Elliptic Semiconductor
Elliptic Semiconductor Inc. provides semiconductor intellectual property (IP) cores
and software for secure communications ranging from low power to multi-gigabit per
second implementations. Elliptic SIP cores enable system-on-chip designers to
efficiently balance power, performance and silicon area in complex security-based
systems. Demanding customers in markets such as implantable devices, wireless,
storage, digital rights management (DRM), RFID and high performance communications
trust Elliptic IP cores. For more information, please visit www.ellipticsemi.com.

For More Information:

Carol Yang
Faraday
+886-3-5787888 ext. 4047
htyang@faraday-tech.com


Al Hawtin, VP Marketing
Elliptic Semiconductor Inc.
613 254-5456 X102 voice
613 254-7260 fax
ahawtin@ellipticsemi.com


Web Site = http://www.elliptisemi.com

Contact Details = 308 Legget Drive, Suite 202
Ottawa, ON
Canada
K2K 1Y6