HelloSoft, Inc. announced that participants at the Semiconductor Venture Fair V held on March 1st & 2nd, 2006 named HelloSoft as one of the top five most promising emerging companies for the year. HelloSoft is a leading supplier of signal processing technology for VoIP, WLAN, Cellular, and converged mobile markets. HelloSoft's products can enable mobile device manufacturers to design and architect products that are power-efficient and provide substantial cost benefits.



"With only 5 companies selected out of 70, HelloSoft being named one of the most promising companies for this award is an incredible achievement; we feel honored to be recognized as a leader and innovator among these emerging companies" said Krishna Yarlagadda, HelloSoft's President and CEO.

The Semiconductor Venture Fair is an annual event that brings CEOs from 75 handpicked semiconductor technology, product and service companies seeking capital funding together with venture capitalists, corporate investors, and strategic investors who are looking for investment opportunities, strategic alliances and access to emerging technologies. More than 70 companies participated in the venture fair held in Millbrae, CA. The event provided a platform for semiconductor technology companies, to present their visions and business plans before a national audience of venture capitalist and strategic investors.

Following the conference, the 200 venture capitalists, semiconductor investment and emerging company professionals, members of the press and key industry players took part in the vote to elect the top five most promising companies that participated in the conference. To read more about Semiconductor Venture fair recipients go to http://www.semiconductorventurefair.com.