Wisair Receives Investment From Intel Digital Home Fund

BARCELONA, Spain, TEL AVIV, Israel and LOS GATOS, Calif., April 21

/PRNewswire/ — Today at the Intel Developer Forum (IDF), Wisair, a leading Ultra Wide Band (UWB) chipsets and solutions company, announced that the Intel Digital Home Fund has joined its series B funding round, which was $15.7 million and led by Apax Partners’ Funds. Wisair earlier announced this round of funding, which included Vertex, RAD Ventures, Bynet Ventures, Tamar Ventures, and RAD and Bynet founders, Zohar and Yehuda Zisapel and NTT Leasing.

The investment by the Intel Digital Home Fund is part of its $200 million commitment to invest in hardware and software companies whose products help accelerate development of key technologies and content which enhance and simplify the digital home experience.

Wisair develops and markets high performance wireless communication chipset solutions, based on UWB (Ultra Wide Band) technology. Wisair is a key contributor for the Multi-Band OFDM Alliance (MBOA) specification and has recently introduced and demonstrated the industry’s first MB-OFDM compliant chip UB501 as part of its UBLink(TM) chipset solution. UBLink chipset targets Consumer Electronics, PC and Mobile products and enables the implementation of low cost, low power, and high bit-rate communication modules and system solutions for the fast emerging home/office connectivity market. Wisair is also as a contributing member to the IEEE 802.15.3a standard process and the Wireless USB Promoter Group. Intel demonstrated the Wireless USB technology and applications using Wisair Evaluation Toolkit during the Spring IDF in February and at Japan IDF.

“The Digital Home initiative represents a significant opportunity for UWB technology,” said Mr. Zohar Zisapel, Chairman of Wisair’s Board. “Today’s current wireless schemes are not capable of very high speed multimedia communication with quality-of-service and bulk-transfer of very large content data. The Intel Digital Home Fund’s investment in Wisair will help stimulate the growth of UWB technology and its ecosystem, and enable development of solutions meeting the industry’s expected price and performance points,” Zisapel continued.

“UWB technology will play a key role in bringing high speed wireless networks in the home to fruition,” said Curt Nichols, Intel Capital vice president. “The Intel Digital Home Fund is investing in UWB companies, like Wisair, to accelerate the ecosystem and the availability of products that will allow consumers to more easily access digital content throughout the home and office.”

About the Intel Digital Home Fund

The $200 million Intel Digital Home Fund, one of Intel Capital’s investment program initiatives, was announced in January 2004. It targets companies developing hardware and software, as well as connectivity and supporting technologies, which enable people to enjoy digital content — including music, photos and video — on multiple devices in the home and beyond. For more information, visit http://www.intel.com/capital .

About Wisair

Wisair (http://www.wisair.com/ ) develops and markets UBLink(TM) chipsets and solutions based on the UWB technology for high performance wireless communication.

Wisair is a privately held company founded in May 2001 as part of the RAD Group. In October 2003, Wisair completed its second round of financing led by Apax Partners. Participating in the round were: Vertex, RAD Ventures, Bynet Ventures, Tamar Ventures, NTT Leasing and additional strategic investors. Wisair has an established presence in the USA, Japan, Korea and Taiwan. In these countries, the company has offices and representatives supporting business development, marketing and customer support activities. The Wisair office headquarters is located in Israel, along with its research and development facilities.

Reader Contact Information

North America:

Wisair USA

15466 Los Gatos Blvd, #109-253, Los Gatos, CA 95032

Tel: 408-399-7747, Fax: 408-354-0798, wisusa@wisair.com, http://www.wisair.com/ .

Israel:

Wisair, Ltd, 24 Raoul Wallenberg St., Tel-Aviv 69719, Israel

Tel: 972-3-7676606, Fax: 972-3-6477608, info@wisair.com, http://www.wisair.com/ .

Japan

Wisair-Japan office

1-18-3, Ebisu-nishi, Shibuya-ku, Tokyo 150-0021

Tel: 3-5462-9644, Fax: 3-5462-2047, wisjapan@wisair.com

Wisair, Wisair USA and UBLink are either registered trademarks or trademarks of Wisair, LTD.

Other companies, brands, products, and service names are trademarks or registered trademarks of their respective holders.

Wisair

CONTACT: Europe, Amir Freund, +972-3-767-6608, or amirf@wisair.com , orUS, Serdar Yurdakul, +1-408-399-7747, or serdar@wisair.com , both of Wisair

Web site: http://www.wisair.com/http://www.intel.com/capital