"Our alliance with Xilinx will provide MILCOM, and our new ventures, with the ability to rapidly assess market opportunities, competitors, and latent market needs more efficiently and more accurately than ever before," stated Mike Buffa, MILCOM Technologies CEO and Chairman. "Xilinx's position as a technology leader is the result of their tremendous appreciation for technical opportunities and the identification of market and customer needs."

As the leader in one of the most rapidly growing segments of the semiconductor industry, Xilinx continues to expand the market for programmable logic by consistently making it easier to design with programmable products, and aggressively adopting the latest semiconductor manufacturing processes. Today, Xilinx products power everything from the base stations that transmit wireless telephone calls to optical telecommunications systems that move the world's increasing flow of Internet traffic. Xilinx programmable logic products are also helping consumer electronics manufacturers cut the development time for cost-sensitive products such as DVD players, digital cameras and set-top boxes, which results in faster time to market.

As a strategic partner, Xilinx will participate in MILCOM Technologies' venture development process and obtain a unique view into many of the innovative and disruptive technologies emerging from MILCOM's technology partners. "Xilinx is excited to contribute to the MILCOM process," stated Hans Schwarz, Senior Director of Business Development at Xilinx. "We look forward to working with MILCOM's world class team to identify technologies to meet our customers' needs."

During the past five years, MILCOM Technologies has created ten new companies that have raised over $600 million in capital. These companies have been created in partnership with six different technology partners, including industry leaders such as Lockheed Martin Corporation, Raytheon Company, and ITT. MILCOM's latest launch, TelASIC Communications, raised $22.5 million in December 2001, during its first round of financing.

"Working with industry leaders, such as Xilinx, is critical to ensuring we search for the right technologies within our technology partners," stated Jason Rottenberg, MILCOM Technologies VP of Marketing and Business Development. "The cooperative efforts of our strategic partners are critical to the efficiency of the MILCOM process, and the minimal impact that process has, in terms of cost and time, on our technology partners."

About MILCOM Technologies

MILCOM Technologies partners with defense and aerospace companies, federal laboratories, and other leading-edge research and development sources to conceive, create and launch new companies using a proven venture development process. MILCOM's venture development process includes the identification of promising technologies, defining commercial applications, developing business models, securing customers, partners, investors and management, and providing interim leadership. For more information on MILCOM Technologies, please visit their website at www.milcomtech.com.

About Xilinx

Xilinx is the leading supplier of complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions delivered as intellectual property cores, and unparalleled field engineering support. Founded in 1984 and headquartered in San Jose, Calif., Xilinx invented the field programmable gate array (FPGA) and fulfills more than half of the world demand for these devices today. Xilinx solutions enable customers to reduce significantly the time required to develop products for the computer, peripheral, telecommunications, networking, industrial control, instrumentation, aerospace, defense and consumer markets. For more information, visit the Xilinx web site at www.xilinx.com.