Chipworks Signs Alliance With Micon Ltd. to Provide Sales Representation in Israel

Business Wire, March 11, 2003

Business Editors/High-Tech Writers

OTTAWA--(BUSINESS WIRE)--March 11, 2003

Chipworks Incorporated is pleased to announce it has signed an agreement with Micon Ltd. to provide sales representation to the Israeli advanced technology sector effective immediately.

Micon's management team is consisted of a multidisciplinary team, with combined Israeli and international experience and expertise of more than 30 years specializing in Sales, Marketing, Channel Development, Project Management, and Business Development. "They provide a strong knowledge of the local markets along with sound personal and professional contacts," said Terry Ludlow, president of Chipworks.

Chipworks is committed to working closely with the Israeli technology companies Micon now serves. Located in Israel, Micon is situated to better meet the growing specialized needs of these semiconductor and electronics corporations and will offer the full range of technical consulting services that Chipworks offers its existing global customers.

Founded by Tal Oren and Moshe Alpert, Micon was created to provide International and Israeli technology companies the opportunity to extend their reach and open new opportunities. Mr. Oren's knowledge and capabilities, combined with his depth of experience will help Chipworks to provide the close working relationships needed to provide optimum service for our growing base of Israeli customers.

Mr. Tal Oren holds a degree in Law (LL.B.) from the Law School of the College of Management in Israel and an MBA from Kellogg Recanati, a prestigious International Executive MBA program of Northwestern University and Tel-Aviv University.

About Chipworks

Chipworks is an internationally recognized technical services company that analyzes the circuitry and physical composition of semiconductors, photonics and electronic systems for a wide range of applications in patent licensing support and competitive study. Chipworks has successfully helped leading-edge semiconductor and electronics organizations achieve their goals by supporting research and development efforts in strategic product development and patent portfolio management. Headquartered in Ottawa, Canada, the Company has offices in the United States, Japan, and Poland. Chipworks can be visited via the Internet at www.chipworks.com.

About Micon

Micon Ltd. was established in 2001 with the target to bride the geographical and cultural gaps between foreign and Israeli technology companies, in order to facilitate fruitful business transactions between Asia Pacific and the Near East. Micon specifically took upon itself to attend to the needs of the Israeli semiconductor market segment, by representing the world's best semiconductor service providers. Micon also acts as the business development arm for Israeli technology companies, wishing to extend their reach towards Asia.Micon can be visited via the Internet at www.micon.ci.il