Tarari's Randy Smerik Named Finalist for Entrepreneur Of The Year Award; CEO Nominated in Ernst & Young Program Recognizing Entrepreneurship

Business Wire, May 22, 2006

SAN DIEGO -- Tarari, Inc., the award-winning acceleration company, today announced that Randy Smerik, Tarari's president/CEO and co-founder, has been named finalist in Ernst & Young's twentieth annual Entrepreneur Of The Year(R) Awards in the "Emerging" category in the San Diego region. Other finalists in the "Emerging" category include Patrick Henry, Entropic Communications and Peter Ulrich of TargeGen, Inc. A banquet honoring San Diego's outstanding entrepreneurs is being held at the Hilton La Jolla Pines, La Jolla, California on Wednesday, June 14 at 5pm.

Since 1986 Ernst & Young has awarded "Entrepreneur Of The Year" to recognize the vital contributions of the leaders and creators who build and sustain world-class businesses rich in vision, leadership, achievement, and social responsibility. Previous national Entrepreneur Of The Year winners include Jeff Bezos of Amazon.com, Pierre Omidyar of eBay, Inc., Sergey Brin and Larry Page of Google, Inc., Howard Schultz of Starbucks Corp., Catherine L. Hughes and Alfred Liggins of Radio One, and Jim McCann of 1-800-Flowers.com. Ernst & Young will announce this year's winners in May 2006.

"All of us involved with Tarari are proud of this recognition of Randy's talent and the incredible leadership, insight, and drive he brings to the business," said Rick Fink, co-founder of Miramar Venture Partners. "Randy and the management team he assembled represents one of the top reasons we invested in Tarari's Series A and follow-on rounds. Ernst & Young has a long tradition of promoting entrepreneurship, and we're delighted at this opportunity for Randy to become part of that tradition."

For a list of other finalists and the list of the 16 distinguished judges who will select the winner see www.sddt.com/eoyawards.> About Tarari, Inc.

Tarari, the award-winning acceleration company headquartered in San Diego, Calif., USA, designs and develops Content Processor silicon to allow original equipment manufacturers (OEMs) to accelerate and offload compute-intensive, complex algorithms used in XML/Web Services, Network Security and Digital Media environments. Tarari is a fabless semiconductor company whose product line primarily includes ASICs, but also offers boards and software acceleration components designed for network equipment, appliance and server vendors, as well as independent software vendors. Tarari is a privately held company with venture backing from Crosspoint Venture Partners, Morgan Stanley Venture Partners, Enterprise Partners Venture Capital, Miramar Venture Partners, XMLFund and Intel Capital. For more information, visit www.tarari.com, e-mail: info@tarari.com or call 858-385-5131.