ELU Accelerated Return Notes Linked TO The Phlx Semiconductor Index

eLinear, Inc. (AMEX:ELU) announced today that it and its wholly owned subsidiary, eLinear Solutions, have recently been awarded two new significant projects. The first is a more than $500,000 new IP Telephony project at a single location for one of the largest global providers of services for the oil and gas drilling and production sectors. This company operates in over 100 countries and employs more than 25,000 people worldwide. The second project is a $400,000 wireless solution for one of the leading law firms in the United States. The revenue from these projects will be recognized in second fiscal quarter of 2006. Michael J. Lewis, President & Chief Executive Officer of eLinear, stated, "2006 is tracking well. Both the size and importance of our deals continues to grow with our blue chip customer base. These recent wins, along with a healthy pipeline outlook both in the US and internationally and our continuing progress with the SEC and American Stock Exchange, provide an exciting time for us as a company. Management is pleased with eLinear's prospects and we continue driving to deliver our best efforts to shareholders with the aim of generating superior performance." 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 please visit www.elinear.com or www.sec.gov. 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.