2007'02.02.Fri
Quellan Incorporated Secures New Global Investor

PR
June 01, 2006

SANTA CLARA, Calif., June 1 /Xinhua-PRNewswire/ -- Quellan Incorporated, the leading provider of analog signal integrity chips for the rapidly growing data center, consumer, automotive and cell phone markets, today announced it has secured an investment from VentureTech Alliance. The company will use the proceeds to expand its product line and to enter new markets. VentureTech Alliance is an independent venture capital management firm, whose majority limited partner is Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest dedicated semiconductor foundry. Mr. Patrick Chang of VentureTech Alliance stated, "At VentureTech Alliance, we focus on investing in private companies who are the leaders in fast growing segments of technology. Quellan has a winning combination -- unique, high value analog products serving multiple markets and an experienced management team." "We are delighted to have VentureTech Alliance as an investor in Quellan," said D. Tony Stelliga, President and CEO of Quellan. "Their global perspective and operational excellence will help us expand our business globally." Quellan recently announced that Samsung Ventures and Menlo Ventures invested in the Company. "The arrival of strategic investors helps to lend legitimacy to the approach that Quellan has taken in creating technology to speed existing network interconnects and should help it open doors to other potential major OEMs," said Greg Quick of the 451 Group. About VentureTech Alliance VentureTech Alliance was formed in early 2001 as an investment management company that is focused on managing Taiwan Semiconductor Manufacturing Company (TSMC) investment funds. Backed by the leader in the semiconductor foundry industry, VentureTech is dedicated to facilitating the growth and success of world-class high technology companies. The funds target early-to-mid stage investments in fabless semiconductor companies with demand for advanced semiconductor technology, high value semiconductor infrastructure companies such as EDA, IP, or semiconductor equipment, and emerging technologies in market segments that may require complex, outsourced manufacturing services. About Quellan Incorporated Quellan specializes in analog components that improve the performance and functionality of electronic equipment by removing channel impairments and noise. Quellan serves the Enterprise, Telecom, Broadcast, Automotive and Consumer Electronics markets. Privately held, Quellan's investors include VentureTech Alliance, Samsung Ventures, Menlo Ventures, and Cordova Ventures. For more information, please contact: Melissa Kallos Quellan, Inc. Tel: +1-408-774-0084 Email: melissa@quellan.com SOURCE Quellan Incorporated
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