Sequans Communications Uses VeriSilicon's ZSP Core for WiMAX/LTE Products

SOPHIA ANTIPOLIS, France, February 14, 2011 - — ZSP Quad-MAC architecture provides a power efficient solution
for WiMax/LTE markets

— ZSP is the industry's leading programmer friendly DSP that
enables fastest time to market

VeriSilicon Holdings Co., Ltd. (VeriSilicon), a leading world
class ASIC design foundry and semiconductor IP provider, today announced that
Sequans Communications, a leading 4G chipmaker, will be using the
synthesizable Quad-MAC ZSP DSP core for its next generation mobile WiMAX and
LTE baseband processors.

Sequans is a global leader in WiMAX chips and expanded in 2009 to
the LTE chip market. Sequans selected the Quad-MAC ZSP core in 2005 to power
its WiMAX chips and has been in successful volume production of WiMAX chips
for several years.

"We are pleased that Sequans, an industry leader in WiMAX and LTE
chips, has decided to work more closely with VeriSilicon and leverage our
Quad-MAC ZSP core further to better serve the performance and power
efficiency demands of Sequans' products in 4G markets," said Dr. Wayne Dai,
CEO of VeriSilicon. "The Quad-MAC ZSP architecture offers the best balance of
performance, power efficiency and cost to meet the needs of the most
demanding applications. Ease of use and strong support are the cornerstones
of our ZSP cores and we stand behind our customers to ensure their success."

The challenges presented by 4G demand increasingly high
performance and energy efficient solutions. It is also very important to
consider product flexibility and scalability when making design decisions.

"Sequans has relied on VeriSilicon's ZSP's scalable architecture
for several years," said Bertrand Debray, vice president of engineering,
Sequans. "We selected VeriSilicon's Dual-MAC ZSP cores and later Quad-MAC ZSP
cores to power our mobile WiMAX and LTE chips. The ease of use and efficiency
of the ZSP cores and the strong support provided by VeriSilicon continue to
give us market advantages."

For more information on VeriSilicon, please visit
www.verisilicon.com; or for further information on Sequans, visit
www.sequans.com.

Bill Wang, Corporate VP of Business Development of VeriSilicon, +1-408-844-8560, or press at verisilicon.com; or Kimberly Tassin of Sequans Communications, +1-206-654-1001, or kimberly at sequans.com