Sidense Announces Appointment of Steven Cliadakis as VP Worldwide Sales

September 14th, 2006, Ottawa and Toronto ON - Sidense, developer of non-volatile memory intellectual property (IP) cores for use in digital and analog devices, today announced that Steven Cliadakis has joined the company as Vice President of Worldwide Sales. Mr. Cliadakis will operate from Sidense's newly opened office in the Bay Area.

"We are excited to have Steve join our team. There's been a great deal of interest from customers in our products and Steve will be instrumental in expanding our customer focus as the company gains momentum", said Xerxes Wania, CEO of Sidense.

Mr. Cliadakis has over 25 years of sales, marketing, engineering and management experience in the semiconductor, semiconductor IP and software industries.

Prior to Sidense, Mr. Cliadakis was the founder of Silicon Impact, where he provided sales and business strategy services to semiconductor and semiconductor IP companies. He co-founded and served as V.P. of Sales and Marketing at Embedded Internet Solutions, where he grew the company's cable, satellite broadband and wireless software business.

Mr. Cliadakis also co-founded Silicon Access, an embedded DRAM IP company, where he established the company's key partnerships as VP of Business Development.

About Sidense

Sidense Corp. focuses on developing non-volatile memory IP cores to be embedded onto standard logic CMOS ASICs and custom integrated circuits. Sidense' 1T-Fuse™ technology is ideal for feature sizes of 180nm and smaller. Applications include electrical fuse replacement, flash and mask programmable ROM replacement, code storage, RFID, unique ID, encryption, key storage and digital rights management (DRM). The company has offices in Mississauga and Ottawa, Canada and sales offices in San Francisco, CA and Tokyo, Japan.

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Shaun Markey
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