Xceive Names Intersil CEO to Board of Directors

Santa Clara, California, United States , 2006-11-14

Xceive Corporation, developer of the world's first fully integrated multi-standard RF-to-baseband transceiver ICs for TVs, today announced that Rich Beyer, CEO and director of Intersil Corporation, has joined Xceive's board of directors.

"Having served as the CEO, president and COO of a number of successful companies, Rich Beyer brings significant depth of experience to our board," said Jean-Louis Bories, CEO of Xceive. "He is a wonderful addition and we look forward to his insight and knowledge which will add value across a spectrum of business issues as we move forward as a leader in our industry."

Following Intersil's acquisition of Elantec Semiconductor Inc. in 2002, Beyer held the position of president in addition to his two current titles. In early 2006, Beyer shifted rolls at Intersil and took his current position as CEO and director. Prior to his work at Intersil, Beyer held the position of president, chief executive officer and director for a number of companies including Elantec, FVC.COM, Inc. and VLSI Technology, Inc. His previous experience also includes serving as the executive vice president and chief operating officer of National Semiconductor Corporation and president of National Semiconductor's Communications and Computing.

"Xceive is an exciting company that is dominating the industry through its technology and industry innovations," said Beyer. "I look forward to working with such a dynamic management team and dedicated board."

Beyer also serves as director of Credence Systems Corporation and is currently on the Board of Directors of the Semiconductor Industry Association.

About Xceive Corporation

Venture-backed Xceive(R) Corporation, headquartered in Santa Clara, Calif., enables fast, high-quality TV signal reception in any consumer electronics device worldwide. First to market with a one-design-fits-all-TV-standards analog and digital single chip design, Xceive's QuickTune(TM) RF-to-baseband single integrated circuit (IC) TV tuners provide superior performance, low power, and smaller form factor for the development of advanced TV and PC-TV applications. Xceive's universal RF-to-baseband analog - and breakthrough RF-to-baseband analog and digital - TV tuner ICs reduce the need for OEMs to maintain multiple inventories in order to service a global market. Visit www.xceive.com, email [email protected], call 408-486-5610 or fax 408-486-5615 for more information.

About Intersil

Intersil Corporation (NASDAQ: ISIL) is a leader in the design and manufacture of high-performance analog semiconductors. The Company's products address some of the industry's fastest growing markets such as flat panel displays, cell phones, handheld products and notebook computing. Intersil's product families address both power management and analog signal processing functions. Intersil products include Ics for battery management; hot-swap and hot-plug controllers; linear regulators; supervisory Ics; switching DC/DC regulators; power MOSFET drivers; optical storage laser diode drivers; DSL line drivers; video and high-performance operational amplifiers; data converters; interface Ics; analog switches and multiplexers; crosspoint switches; voice-over-IP devices; and Ics for military, space and radiation-hardened applications. For more information about Intersil or to find out how to become a member of our winning team, visit the Company's web site and career page at www.intersil.com.
Contact

CONTACT: VisiTech PR for Xceive Corporation Kendra Westerkamp 303-752-3552, ext. 233 [email protected] , ,