New venture to develop multi-core processor solutions for highly compact embedded applications that mandate low-power operation

CUPERTINO, Calif. - Oct. 3, 2005 - Intelasys Inc., a TPL Group enterprise, has been founded by a group of high-technology industry veterans to develop and manufacture multi-core processor solutions for compact embedded applications that demand low power operation. Presiding over the new venture as president/CEO is Chester ``Chet`` Brown with 30-plus years` experience managing the development of both integrated circuits and subsystems, and taking them to market in the computer storage, communications, storage networking and video industries.

``The amazing versatility of semiconductor technology becomes evident when innovative chip architectures are integrated with inventive software and system-specific algorithms,`` said Brown. ``We believe our novel approach to multi-core processor design will demonstrate an unprecedented combination of high-speed processing and low-power operation for embedded applications.`` He noted that the company�s first product will fully leverage the 125-plus years of high-technology experience resident within the Intelasys founding team.

While specific details of the new venture`s first product were not disclosed, Brown indicated that the Intelasys product development program is making solid progress. ``We are currently interviewing candidates to fill new engineering and manufacturing positions, and expect to demonstrate beta versions of our first chip to key customers in the first quarter of 2006`` he added.

Joining Brown on the founding team is Charles ``Chuck`` Moore who is perhaps best known for inventing the Forth software language. Moore serves as chief technology officer for both Intelasys and its parent, the TPL Group, an intellectual property management company. ``Our Intelasys founding team is well positioned to galvanize an exciting new inflection point in multi-core processor design,`` asserted Moore.

About Moore Microprocessor Paten™ Portfolio

Named after Chuck Moore, the Moore Microprocessor Patent™ (MMP) Portfolio encompasses fundamental patents that are widely used in the design of microprocessor, embedded processor, digital signal processor (DSP) and system-on-chip devices. While Intel and Advanced Micro Devices are early licensees of the MMP portfolio, the privately held TPL Group through its Alliacense enterprise is now focusing on licensing system manufacturers deploying one or more processor solutions that are not manufactured by either Intel or AMD.

About Chester ``Chet`` Brown, Intelasys President/CEO

Chet Brown`s 30-plus years` experience includes a distinguished tenure with Western Digital where he held key positions in strategic marketing and international operations, formed two new business units, and served as a subsidiary president and CEO. As executive VP at SyQuest Technology, he developed worldwide strategic alliances, channels and sales. Brown earlier served as president and CEO for Prisma Devices, which he founded, and InfoChip Systems. As a founding member of Qlogic, he served as VP of marketing and manufacturing as well as acting COO. Brown also served as president and CEO of ConnectCom Solutions.

About Charles ``Chuck`` Moore, Intelasys CTO

Chuck Moore co-founded Forth Inc. in 1971. He developed a Forth-based chip (RTX2000) in the mid 1980s, derivatives of which are still being used widely by NASA. At Computer Cowboys, Mr. Moore designed the Sh-Boom microprocessor, and then co-founded iTV, an Internet Appliance manufacturer. During the 1990s, he used his own CAD software to design several custom VLSI chips, including the F21 processor with a network interface. More recently, he invented ColorForth and ported his VLSI design tools to it. Moore currently serves as CTO for both Intelasys and its parent company, the TPL Group.

About Intelasys Inc.

Intelasys is a TPL Group Enterprise focused on developing and manufacturing multi-core processors for highly compact embedded applications that must operate at low power. The privately held company expects to demonstrate its first multi-core processor solution to customers during the first quarter of 2006. The TPL Group, an intellectual property management firm, is the exclusive licensing agent for the Moore Microprocessor PatentTM (MMP) Portfolio. For more information, visit www.intelasys.net.

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Intelasys, Moore Microprocessor Patent, MMP, and Alliacense are trademarks of the TPL Group. All other trademarks belong to their respective owners.

Media Contact: Tom Rigoli, Mindpik Inc., rigoli@mindpik.com, 650-969-5986