December 7, 2004

RED HERRING SELECTS MOTIA FOR PRESTIGIOUS RED HERRING TOP 100 INNOVATORS AWARD

Award Recognizes 100 Companies That Embody Innovation

SAN FRANCISCO, CA and PASADENA, CA – December 7, 2004 – Motia, Inc., a fabless semiconductor company focused on enabling smart antennas with RFICs, announced today that it has been selected as a Top 100 Innovator by Red Herring.

“We are thrilled to have been named as a top innovator by Red Herring this year,” said Mal Caraballo, President and CEO of Motia. “This prestigious award honors our commitment to developing and delivering products that improve existing wireless solutions. We look forward to 2005 and beyond, where we will continue to expand upon our success and help enhance the wireless experience for everyone.”

Red Herring’s editorial staff evaluated over 1200 submissions from 900 companies. The editors used a careful analysis of financial data as well as subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

“Selection for the Innovation 100 puts a company in an elite group. The editors worked hard to identify the companies who will benefit from the important technology trends in the coming year,’’ said Joel Dreyfuss, Editor-in-Chief of Red Herring.

Motia is applying its adaptive beamforming technology to a variety of wireless systems. Current products include smart antenna solutions for the Wi-Fi, WiMAX and in-vehicle direct broadcast satellite (DBS) markets:

  • Motia’s 802.11 standards-complaint Javelin™ semiconductor easily integrates into customers’ existing products, creating a uniform service quality for end-users and increasing Wi-Fi or WiMAX range and enhancing performance, no matter the location or equipment used.
  • Motia’s Cross Country™ mobile direct broadcast satellite (DBS) reference design places formerly high-cost smart antenna technology into low-cost silicon. Cross Country enables automotive, truck, RV and marine equipment providers and OEMs to add live, in-motion satellite television to their in-vehicle multimedia offerings

About Motia
Motia is a fabless semiconductor company focused on enabling smart antennas for wireless systems providers. The Company's standards-compliant adaptive beamforming technologies easily integrate into customers' wireless products to enhance overall functionality and performance. Motia was founded in 2000 and is backed by Kodiak Venture Partners, Axiom Venture Partners and Carrot Capital. For more information, please visit www.motia.com or call (866) IC-MOTIA.

For more information, visit www.motia.com or contact info@motia.com.

About Red Herring
Red Herring covers technology innovation, venture financing, and the deals that make a difference. Its award-winning journalists go deeper, providing a comprehensive, critical analysis of what’s new and why it matters. Red Herring covers the business trends with insight that counts, serving today’s entrepreneurs and the technology of tomorrow. Head to www.REDHERRING.com for articles, newsletters, and research reports that matter. Red Herring Conferences are open only to CEOs and select senior executives.

To subscribe to the Red Herring Magazine call 866.311.9582 or email redherring@neodata.com. Contact the Red Herring at info@redherring.com or 650.428.2900.
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