Patrick Henry Named President and CEO of Entropic Communications

SAN DIEGO--()--Oct. 27, 2003--Entropic Communications has named Patrick Henry president and CEO. Entropic makes communications chips and the associated software that will enable broadband multimedia networking in homes over the existing cable television outlets. Henry's predecessor and Entropic co-founder, Dr. Itzhak Gurantz, remains with the company as chief technical officer and chairman of the board.

"Patrick brings a wealth of industry experience that perfectly complements the technology foundation we have built for Entropic," Dr. Gurantz said. "His experience and skill sets are the perfect fit for moving the company from development to product commercialization."

Tom Baruch, general partner of CMEA Ventures, and member of Entropic's board of directors, said choosing Henry for the top slot was the result of an extensive search. "After looking for the right fit for quite some time, it was clear that Patrick's experience and leadership qualities set him apart from his peers," Baruch said. "The board has confidence in his abilities, and believe he has the attributes necessary to take the company to the next level in a rapidly emerging market."

Henry brings nearly 20 years of high-technology executive experience and market leadership to Entropic. He has served in executive management roles in companies ranging from small, innovative startups to large multinationals. Just prior to Entropic, he served as president and CEO of Pictos Technologies, developers of digital imaging products, and exited after completing a multimillion-dollar sale of the company to ESS Technology. Before that, Henry was CEO of LinCom Wireless, a chip company focused on 802.11 wireless LAN products. He also served as a vice president and general manager at LSI Logic, and was a senior vice president at C-Cube Microsystems, a pioneer in the development of digital video ICs. He also held sales and marketing executive management positions at Hyundai Electronics America (now Hynix) and AMD. Henry earned an MBA from the University of Southern California, and holds a bachelor's degree in engineering science and mechanics, with high honors, from the Georgia Institute of Technology.

"I am very excited about being a part of the Entropic team," Henry said. "We have a tremendous technology base, and significant support from some key industry heavyweights, including Time Warner, Cisco Systems, Comcast Interactive Capital, Intel, Motorola, and Panasonic to build the best-in-class broadband home networking system solution for consumers. Investment in Entropic from these strategic partners, added to the support from first-class venture capitalists, is a major vote of confidence that we have something special."

About Entropic Communications

Entropic Communications is a privately held company based in San Diego, Calif. Entropic follows the fabless chip business model, and Entropic's products hold the promise to fundamentally change the way video and other broadband multimedia forms are used in homes. For more information: www.entropic-communications.com.

Contacts

lochpr
Jim Lochmiller, 541-535-7036 or 541-821-3438 (cell)
lochpr@yahoo.com

Contacts

lochpr
Jim Lochmiller, 541-535-7036 or 541-821-3438 (cell)
lochpr@yahoo.com