GCT Semiconductor and Pericom Semiconductor Announce Strategic Partnership to Market and Distribute Bluetooth-enabled Products

January 05, 2003 - San Jose, CA - GCT Semiconductor, Inc., a leading provider of radio frequency (RF) integrated circuits for wireless devices, and Pericom Semiconductor Corporation, a leading provider of high performance digital and mixed signal circuits that serve as interface IC's in electronic systems, today announced a strategic partnership to selectively market, manufacture and distribute Bluetooth-enabled semiconductor solutions.

For defined wireless device applications, Pericom is focused on including GCT's Bluetooth-enabled products in their current marketing programs to world leading original equipment manufacturers (OEM's) serving the computer, computer peripheral, networking and telecom markets. Pericom's established distribution channels will allow for a seamless integration of this product program. Pericom has implemented both Electronic Data Interchange (EDI) and remote customer warehousing to support just-in-time deliveries with many of its large customers. Since 1995, Pericom has been a fully compliant ISO9001 supplier.

The supported products include a Bluetooth-enabled radio transceiver and baseband processor. The Bluetooth radio transceiver is a direct conversion RFCMOS-based design that provides excellent receiver sensitivity and current consumption for wireless devices. The baseband processor provides Bluetooth processing functionality for audio streaming applications, and includes an embedded 128 MHz hybrid RISC/ DSP processor that supports the Advanced Audio Distribution Profile defined in the Bluetooth specification with an internal audio digital audio converter (DAC). Both of the IC's and accompanying software protocol stack are qualified in compliance with Bluetooth specification version 1.1.

The two companies expect to initiate mass production and shipments of the above-mentioned designs in the first quarter of 2003.

"This agreement with Pericom enables us to position our Bluetooth products in an established channel from a world class semiconductor company," comments Dr. Kyeoungho Lee, President and CEO of GCT Semiconductor, "They understand the performance and price targets for our Bluetooth-enabled products that enables them to contribute value to their existing base of wireless device designers."

About GCT Semiconductor, Inc.
GCT Semiconductor is a fabless semiconductor company that designs, develops and markets innovative integrated circuit solutions for the wireless communications industry. The company's patented direct conversion architecture, which is the basis for GCT's radio frequency (RF) core, can efficiently support multimode applications and be fabricated on standard CMOS processes. The company's Web site can be found at www.gctsemi.com

About Pericom Semiconductor Corporation
Pericom Semiconductor (NASDAQ: PSEM) is a leading provider of high-performance digital and mixed-signal integrated circuits (ICs) that serve as interface ICs in electronic systems. The company's product line offers a wide range of advanced interface solutions for the transfer, routing and timing of high-speed analog and digital signals among a system's microprocessor, memory and various peripherals, or between interconnected systems. The company's website can be found at www.pericom.com


Media Contacts:

Michelle Lee
GCT Semiconductor, Inc.
Phone: (822) 2167-1129
Email: michelle@gctsemi.com


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