Tewksbury, MA - February 1, 2006 - CHiL Semiconductor Corp., a fabless semiconductor company that designs, develops and markets products for the intelligent mixed signal power conversion and management markets, today announced its move to an expanded corporate headquarters in Tewksbury, Mass., just north of Boston.

"The growing requirement for more reliable, cost effective and energy-conserving computer devices has created a large need for an intelligent power solution that works seamlessly with today's more advanced microprocessors," said Ram Surdireddy, president, founder and CEO of CHiL Semiconductor. "With our patented technology, spacious new headquarters and growing team of employees, we are well positioned to improve power architecture efficiency, increase reliability and power dissipation, and reduce system costs across the board."

With its close proximity to Boston and the I-495/Route 128 technology corridor, Tewksbury is an invaluable location for CHiL's headquarters as it is near key suppliers and is readily accessible to several important market segments.

About CHiL Semiconductor:

Founded to leverage patented technology that's been under development since 1999, CHiL Semiconductor is well funded by leading venture capital firms. It is headquartered in Tewksbury, Mass. and operates a separate design center in Ottawa, Canada.

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Contact:

CHiL Semiconductor Corporation

One Highwood Drive

Tewksbury, MA 01876

Phone: 978-640-0011

Fax: 978-640-0222

Email: info@chilsemi.com