Oxford Semiconductor Names Former Renesas COO David Schwartz as Vice President of Sales

Business Wire, Sept 28, 2006

REDWOOD CITY, Calif. -- Oxford Semiconductor, a supplier of complete FireWire and USB-based connectivity solutions for the rapidly growing consumer electronics, storage, audio and add-on card markets has announced the appointment of David Schwartz to the position of Vice President of Sales. Reporting to the Chief Executive Officer, Mr. William Mackenzie, Mr. Schwartz will be tasked with taking the company to the next level by running worldwide sales and introducing Oxford's strong portfolio of Storage and Connectivity Solutions to market.

Mr. Schwartz formerly served as Executive Vice President of Sales and Chief Operating Officer of Renesas, a manufacturer of many kinds of semiconductors, including discrete devices, ASIC's, microprocessors, and analog and memory chips. Prior to Renesas, Schwartz served as Senior Vice President of Sales at Mitsubishi Electronics America. Schwartz spent over 10 years with Mitsubishi Electronics and nearly 10 years with Motorola Semiconductor, ending in the position of Account Manager.

Mr. Schwartz was introduced to Oxford Semiconductor through executive search firm Lonergan Partners. Lonergan Partners focuses on general management and board director search in the technology markets and is headquartered in the Silicon Valley.

Commenting upon Schwartz's appointment, CEO William Mackenzie, said, "We are pleased to have David join the company. I have worked with David as a customer and I know he is a hard working and driven individual with integrity who has had great success in sales and running sales departments over the last 25 years."

Schwartz holds an MBA from Farleigh Dickenson University and a B.S. in Electrical Engineering from the Pratt Institute.

About Lonergan Partners

Lonergan Partners was established on the principle that the selection of general management - especially the CEO - is the most important step a company can take to ensure its long-term success. Working primarily with public companies, venture capital firms, and investment banks, we provide access to top executives for technology firms in Silicon Valley, the Midwest and around the world. www.lonerganpartners.com

About Oxford Semiconductor, Inc.

Oxford Semiconductor designs and markets high-performance connectivity solutions for the storage, multimedia, communication, computing, and industrial markets. As the market leader in IEEE1394 (FireWire) and USB interface controllers for direct attached storage applications, Oxford Semiconductor supplies all of the world's major external storage manufacturers. Founded in 1992, Oxford is a privately owned company headquartered in Milpitas, California.