Solid Engineering and Manufacturing Enable SiTime to Surpass Major MEMS Production 100,000/week Milestone

SUNNYVALE, Calif. August 30, 2007 -- SiTime Corporation, the world’s leading innovator of MEMS-based timing solutions, today announced that their SiT8002 and SiT1 oscillator families are shipping at a production rate of more than 100,000 units per week, making these products the top-selling MEMS-based oscillators worldwide.  This milestone represents the start of a new silicon MEMS industry that stands poised to replace a substantial portion of the 10 billion quartz-based oscillators produced annually.

“Shipping fully qualified MEMS-based oscillators in high volume is a major milestone in the electronics industry,” said Kurt Petersen, CEO of SiTime.  “Reaching this milestone is a great accomplishment that validates SiTime’s technology and could not have been achieved without the outstanding people we have at SiTime.”

The SiT8002 is the world’s smallest programmable oscillator, which allows for fast-turn prototyping, and can be programmed to any frequency between 1 MHz and125 MHz.  The SiT1 fixed frequency oscillators are available in 173 common frequencies and are a low cost solution for high volume customers.  Both oscillator products are offered in four package sizes down to 2.5 x 2.0 mm, and are highly reliable, mechanically robust, and low cost compared to competitive quartz solutions. 

SiTime is grateful for the support of its key development partners and suppliers:  Jazz Semiconductor (Newport, CA), TSMC (Hsinchu, Taiwan), Carsem (Ipoh, Malaysia) and Ecliptek (Costa Mesa, CA).

About SiTime
SiTime Corporation designs, manufacturers, and markets MEMS-based silicon resonators, oscillators, and complete timing solutions.  Key benefits are the small size, high reliability, low cost, and short lead times.   SiTime’s primary investors are JAFCO, NEA, Greylock, and Northgate venture capital firms, and Robert Bosch GmbH.