ELU Accelerated Return Notes Linked TO The Phlx Semiconductor Index

eLinear, Inc. (AMEX:ELU) announced today that it has finalized an agreement to hire a Chief Financial Officer. eLinear would like to welcome Phillip Michael Hardy as he, today, begins his role as eLinear's long-awaited CFO. Mike has previously held the position of CFO for several companies, including Cullen Frost Bankers and Digital Vision Systems. Additionally, Mike holds a CPA accreditation and brings over 30 years of financial experience to eLinear. Michael Lewis, President & Chief Executive Officer of eLinear, stated, "Mike Hardy has had a distinguished career and we are very pleased to have him join our Executive Management team. His background and expertise will have an immediate impact in building a great communications, security and compliance solutions company." About eLinear, Inc. eLinear, Inc. is a communications, security and compliance company providing integrated technology solutions including information and physical security, IP Telephony and network and storage solutions infrastructure. Typically, the company's customers are Fortune 2000 and small to medium sized business organizations. eLinear's services are offered to companies seeking to increase productivity or reduce costs through investing in technology. eLinear has a national and international footprint and has its headquarters in Houston, Texas. For more information, see http://www.elinear.com. Safe Harbor Statement This press release contains statements that may constitute forward-looking statements, including the company's ability to realize the projected revenues from the newly announced project orders and the future strength of the company's business and industry. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about eLinear's future business and financial results, refer to eLinear's Annual Report on Form 10-KSB for the year ended December 31, 2004, which was filed with the SEC on March 18, 2005, eLinear's Q1 2005 Report filed with the SEC on May 20, 2005 and eLinear's Q2 2005 Report filed with the SEC on August 12, 2005. eLinear undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.