Perfisans Delivers New Chip to Key Motherboard Makers

Networking Technology Company Continues Proactive Execution of Strategic Plan for Launch of Next-Generation Chip

Dubai, UAE, UNITED ARAB EMIRATES


LOS ANGELES, Aug. 27, 2004 (PRIMEZONE) -- Perfisans Networks Corporation (OTCBB:PFNH), a next generation technology company focused on the burgeoning Gigabit Ethernet market, announced today that it has delivered its high speed, leading edge, cost-effective, system-on-chip (SOC) integrated circuits to leading manufacturers of PC motherboards in the Asia Pacific region for evaluation, prior to the full worldwide rollout of the next generation chip as the next step in the execution of the Company's strategic plan.

Steve Gormley, vice president of the Company, stated that, "We believe that, once accepted and approved by the PC motherboard manufacturers, the SOC circuits will represent a revolutionary next generation technology." Mr. Gormley stated, "We believe that the Perfisans' chip will run up to 10 times faster than most Ethernet chips and will also be up to three times faster than most enabled 1Gbps systems. The Perfisans' technology will provide quick and painless acceleration of the computer data delivery with the effective performance of an additional processor. Quite simply, applications will run faster and files will download and upload faster."

About the ENA1001

The ENA1001 is a sophisticated System-on-a-Chip device, and uses Innovative chip architectures to bring far greater speeds to the Windows 2000 and XP customer base. The advanced features include significant cost/performance benefits to a wide array of Internet server applications that spend a significant portion of time processing network data. ENA1001 TOE technology can also be deployed in Fast Ethernet (FE) applications. The Internet server applications will further benefit from significantly reduced capital costs by not having to replace existing systems in order to upgrade with Perfisans technology. These applications will be able to offload the processing intensive TCP/IP communication protocol by employing Perfisans ENA1001 LAN on Motherboard configuration or through Perfisans ENA1001 (TOE) enabled Network Interface Cards (NIC).

Network system manufacturers, in turn, will achieve reduced design cycle times, lower product development costs and faster times to market, by using Perfisans production-ready board level designs. The ENA1001's suite of TOE functions include: checksum assistance in Tx and Rx, TCP segmentation of Tx traffic, IP de-fragmentation and TCP reassembly assistance on Rx, and VLAN header insertion/removal.

About Perfisans Networks Corp.

Founded in 2001, Perfisans Networks Corp. is an emerging ASIC design house focused on developing leading edge, cost-effective, system-on-chip (SOC) integrated circuits (IC) and delivering innovative solutions that address the performance needs of next generation network systems. Rapidly being recognized by industry leaders for its innovative network interface products, the Company's technologies have applications in telecommunication, data communication, storage networks, content delivery networks, broadband networks, and rich streaming media. More information can be obtained from the Company's web site at www.perfisans.com.

Cautionary Statement

This press release contains statements relating to future results of Perfisans (including certain projections and business trends) that are "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those projected as a result of certain risks and uncertainties. These risks and uncertainties include, but are not limited to: the cyclical nature of the semiconductor industry and the markets addressed by the company's and its customers' products; demand for and market acceptance of new and existing products; successful development of new products; the timing of new product introductions; changes in product mix; product obsolescence; the availability of manufacturing capacity; fluctuations in manufacturing yields; pricing pressures and other competitive factors; the ability to develop and implement new technologies and to obtain protection for the related intellectual property; the uncertainties of litigation; our ability to attract and retain qualified personnel; as well as other risks and uncertainties, including those detailed from time to time in Perfisans' Securities and Exchange Commission filings. These forward-looking statements are made only as of the date hereof, and the company undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.



        

Contact Data