VELOX Semiconductor Awarded Advanced Technology Funding

U.S. Newswire, October, 2007

To: AUTO EDITORS

Contact: Marlene Moore of Smith Miller Moore Inc., 1-818-708- 1704, marlene@smm-ads.com, for VELOX Semiconductor

SOMERSET, N.J., Oct. 9 /PRNewswire/ -- VELOX Semiconductor, a leading manufacturer of Gallium Nitride (GaN) transistors and diodes, announces an ATP (Advanced Technology Program) award from the U. S. Department of Commerce's National Institute of Standards and Technology (NIST). The NIST award is for development of high-voltage (600 Volt and 1200 Volt), high-current (20 Amp and 100 Amp) electronic switches based on VELOX's Gallium Nitride-on-Silicon (GaN on Si) technology. The program funding will advance VELOX's efforts in developing new enhancement-mode Field Effect Transistors (FETs). These new switching devices will offer major benefits...

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