Silecs Closes Expansion Financing Round of $7.7 Million
February 6, 2006

Additional funds for electronic materials supplier continue to fuel expansion of production and global sales

MOUNTAIN VIEW, California - Silecs, Inc., a manufacturer of dielectric materials for the semiconductor and flat panel display industries, announced today that it has raised a new financing round to expand its operations. The additional funding of approximately $7.7 million was provided by existing institutional investors and also includes further government backed financing.

"Silecs has been busy ramping up production to meet strong customer demand for our products," said Jaakko Kokko, CEO of Silecs. "We are pleased with the continued strong support of our customers and investors in our expansion."

"We are excited to continue backing Silecs in its growth into a major force in the electronic materials market," said Jonas Risberg, investment director of InnovationsKapital. "Silecs is the only supplier in its market that is purely dedicated to serving the dielectric needs of semiconductor and display customers, and we believe that customers are finding that focus and dedication very attractive."

About Silecs, Inc.

Headquartered in Mountain View, California, Silecs provides specialty materials for the electronics industry with a focus on advanced dielectrics for semiconductor manufacturing. Silecs is committed to world class production of high purity products that meet the requirements of its semiconductor customers. Silecs offers a range of dielectric materials developed through molecular engineering, and designed to meet the specific performance and integration requirements of semiconductor customers, while helping to reduce their manufacturing costs. Silecs is a privately held company backed by leading institutional investors. Additional information on Silecs can be found at www.silecs.com.