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Updated: July 8th, 2008 05:26 PM CDT

Genesis Microchip and Mobilygen Announce Technology Cross-Licensing and Joint Product Development Agreement

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Business Wire
via NewsEdge Corporation

About Mobilygen

Based in Santa Clara, Mobilygen is a privately held fabless semiconductor company. Mobilygen is a leading developer of low power H.264 compression technology. Mobilygen's patented technologies are a perfect fit for applications where video performance, video quality, and low power consumption are key differentiators. Mobilygen is backed by Kleiner, Perkins, Caufield & Byers, Redpoint Ventures, Lehman Brothers Ventures Partners, Integral Capital Partners, Cardinal Venture Capital, and VentureTech Alliance. For more information, please visit www.mobilygen.com.

About Genesis Microchip

Genesis Microchip Inc. (Nasdaq:GNSS) is a leading provider of image processing systems enabling superior picture quality in flat-panel TVs and a variety of consumer and PC-display products. Featuring Genesis Display Perfection(R) technologies and Emmy award-winning Faroudja(R) video technologies, Genesis system-on-a-chip solutions are used worldwide by display manufacturers to produce visibly better images across a broad array of devices including flat-panel displays, digital TVs, projectors, A/V receivers and DVD players/recorders. The Genesis technology portfolio features analog and mixed signal system-on-a-chip design, DCDi(R) by Faroudja deinterlacing, TrueLife(TM) video enhancement, IntelliComb(TM) video decoding and includes over 185 patents. Founded in 1987, Genesis supports its leading brand-name customers with offices in the U.S., Canada, India, Europe, Taiwan, South Korea, China, Japan and Singapore. For more information about Genesis Microchip Inc. or Genesis Display Perfection technologies, please visit www.gnss.com.

Note to Editors: Genesis, Genesis Display Perfection, Faroudja, DCDi by Faroudja, TrueLife and IntelliComb are trademarks or registered trademarks of Genesis Microchip Inc. All other trademarks are the property of their respective owners.

CONTACT: Genesis Microchip Inc. Pamela Goncalves, 408-934-4563 pamela.goncalves@gnss.com or Mobilygen Steve Musallam, 408-869-4044 steve@mobilygen.com KEYWORD: CALIFORNIAINDUSTRY KEYWORD: HARDWARE COMPUTERS/ELECTRONICS SOFTWARE PRODUCT MARKETING AGREEMENTSSOURCE: Genesis Microchip Inc.

<<Business Wire -- 04/28/06>>


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