Icera Continues its Strong Revenue Growth

BRISTOL, England -

- Fourth Successive Quarter of Growth for Private Wireless Semiconductor Company

Icera Inc., the wireless soft modem company, today announced that it closed its fourth successive quarter of revenue growth at the end of June 2009. Icera’s chipsets and firmware are being shipped in the next generation of high performance USB modem sticks and embedded MiniCard modules for notebook and netbook computers.

Stan Boland, President & CEO of Icera Inc., said: ‘Mobile Network Operators are driving revenue growth of around 40% pa in high-speed mobile broadband services, even in mature markets, and achieving even higher rates in developing countries, generating strong demand for high performance user devices. As end-user demand grows, Icera’s chipsets and firmware are being increasingly specified by MNOs for these devices since they offer the highest user throughput rates at attractive cost points, an ideal combination in today’s markets.’

Boland continued: ‘In the second quarter, we exclusively provided the chipsets and firmware for the world’s first 10.2Mbps HSPA commercial launches in two European markets, delivering a welcome 40% increase in user data rates. Unlike all other conventional approaches, Icera’s soft modem chipset has now been upgraded through software and will support the first global 14Mbps service launches in the next few months. A further software upgrade later in 2009 will extend our chipset performance to the higher data rates set out in the Release 7 (HSPA+) version of the global 3G standards in line with MNOs’ roll out plans.’

Icera’s technology is now shipping on 9 networks across Europe, US, Latin America and Asia. Its customers are designing multiple HSPA USB sticks, PCI Express MiniCards and modules and Icera is optimistic of achieving continued strong growth looking ahead.

For competitive reasons, Icera does not reveal financial results or projections.

About Icera

Icera is a fabless semiconductor company, pioneering high performance, low power, soft modem chipsets for the fast growing mobile broadband device market. Icera technology delivers the highest performance modem solutions for USB dongles, datacards, laptops, mobile internet devices and smartphones. Founded in 2002, Icera is headquartered in the UK, with design locations in the UK, France and North America, with customer engineering and sales offices in Europe, Asia and the USA. For more information, visit the Icera web site at www.icerasemi.com.

For further information, please contact: Sally Doherty Icera Inc. Tel: +44-1454-284859 Email: sally@icerasemi.com

Source: Icera Inc

For further information, please contact: Sally Doherty, Icera Inc., Tel: +44-1454-284859, Email: sally at icerasemi.com