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SAN JOSE, Calif.--(BUSINESS WIRE)--Aug. 28, 2001--inSilicon Canada Corporation (formerly Xentec Incorporated), the mixed-signal, wireless and design services subsidiary of inSilicon Corporation (Nasdaq:INSN) -- a leading provider of communications technology for complex systems-on-a-chip -- today announced that the company has been named in the second annual ranking of Canada's Hottest Startups by PROFIT, the Magazine for Canadian Entrepreneurs.

inSilicon Canada, located in Toronto, Canada, specializing in the design of high-speed, mixed signal and wireless technologies, services leading semiconductor companies with their portfolio of mixed-signal intellectual property (IP) and design services. inSilicon Canada devices include Bluetooth solutions, high-speed D/A and A/D for video processors, and telecom IP such as POS, SPI-4 and UTOPIA. Acquired by inSilicon Corporation in December 2000, the company is the driving force behind inSilicon Corporation's mixed-signal business.

Canada's Hottest Startups highlights young, fast-growth companies ranked by revenue growth over fiscal 1998 through fiscal 2000, before inSilicon's acquisition of Xentec. During that time, Xentec grew in revenue from $700K in sales to $2 million.

``I would like to thank everyone for this award, especially my partners Chris Ouslis and Bob Gagne, along with all the Xentec employees and the Royal Bank of Canada for their support during these years. We have come a long way since 1997, and we are extremely excited regarding our future with inSilicon,'' said Xerxes Wania, president of inSilicon Canada and vice president of Mixed-Signal Business for the company. ``There is a strong synergy between inSilicon and the Canadian team. With our focus on mixed-signal designs and inSilicon's focus on digital, we have the tools to grow to be a strong global competitor.''

``We are very happy to see that inSilicon Canada has received such a prestigious award. When we signed on this strong team of mixed-signal and digital engineers, we expected to significantly increase our offerings in these markets,'' said Wayne Cantwell, president and CEO of inSilicon Corporation.`` The technology and expertise from inSilicon Canada has enabled us to ramp up in these markets faster than ever before and provide our customers with higher-value, more extensive semiconductor IP offerings. Many thanks to PROFIT for this recognition, and our heartiest congratulations to the inSilicon team in Canada.''

``Canada's Hottest Startups is the definitive list of this country's most dynamic new businesses and exciting entrepreneurs,'' said PROFIT publisher and editor Rick Spence. ``As a group, these aggressive companies are pioneering new levels of innovation and customer service. They are focused on unique new niche markets and they're targeting the world.''

About inSilicon

inSilicon Corporation is a leading provider of communications semiconductor intellectual property used by semiconductor and systems companies to design systems-on-chip that are critical components of innovative wired and wireless products. inSilicon's technology provides customers faster time-to-market and reduced risk and development cost. The company's broad portfolio of analog and mixed-signal products and enabling communications technologies, including Java(TM) acceleration, Bluetooth, Ethernet, USB, PCI, and IEEE-1394, are used in a wide variety of markets encompassing communications, consumer, computing, and office automation. Information about inSilicon products and technologies is available at http://www.insilicon.com.

About PROFIT Magazine

PROFIT, The Magazine for Canadian Entrepreneurs, was founded in 1982 as Canada's first national magazine geared to owner-managers. PROFIT reaches more than 100,000 entrepreneurs across Canada, offering news, strategies, tips, and other resources targeting the information needs of small and medium-sized business -- the most dynamic sector of the Canadian economy. For more information visit www.profitguide.com/hottest.

Note to Editors: inSilicon is a trademark of inSilicon Corporation. Java(TM) is a trademark of Sun Microsystems.

     inSilicon Corporation
     Gervais Fong, 408/570-1650
     gervais_fong@insilicon.com
       or
     Morgen-Walke Associates
     Doug Sherk or Ty George, 415/296-7383 (Investors)
     Ron Heckmann, 415/296-7383 (Media)