TMTAD Transmeta (MM)

Transmeta Corporation (NASDAQ:TMTAD) today announced that Dan Hillman has joined its executive team as vice president of engineering. Mr. Hillman will report to Les Crudele, president and CEO of Transmeta, and will be responsible for managing the company�s engineering, research and development efforts. �I am pleased to welcome Dan to our team as vice president of engineering,� said Mr. Crudele. "Dan brings to Transmeta over 35 years of experience across a variety of sectors including IP licensing, chip design, and electronic design automation (EDA), all of which are applicable to Transmeta as we work to promote the adoption of our LongRun2 Technologies by a broader market.� Mr. Hillman's diverse background spans a range of technology companies and disciplines relevant to Transmeta's business. Before joining Transmeta, Mr. Hillman served as vice president of Engineering for MOSAID Technology, a licensor of semiconductor intellectual property. Mr. Hillman joined MOSAID as a result of MOSAID�s acquisition of Virtual Silicon Technology, a privately held supplier of semiconductor intellectual property, where Mr. Hillman served as vice president of engineering through its acquisition by MOSAID in 2005. Before joining Virtual Silicon, Mr. Hillman served as vice president of engineering for inSilicon, a provider of communications semiconductor intellectual property, which was acquired by Synopsys. Previously, he was also the Corporate Application Group director for the Physical Synthesis Business Unit of Synopsys for eight years. Mr. Hillman also spent 11 years at Apple Computer as a hardware manager where he was directly involved in the design of the Apple IIGS and Macintosh computers, and also led a team that developed the IEEE 1394 (Firewire) Serial Bus. He began his career at RCA Corporation and Zilog Corporation. Mr. Hillman holds a B.S. in Electrical Engineering from Purdue University. About Transmeta Corporation Transmeta Corporation develops and licenses innovative computing, microprocessor and semiconductor technologies and related intellectual property. Founded in 1995, we first became known for designing, developing and selling our highly efficient x86-compatible software-based microprocessors, which deliver a balance of low power consumption, high performance, low cost and small size suited for diverse computing platforms. We are presently focused on developing and licensing our advanced power management technologies for controlling leakage and increasing power efficiency in semiconductor and computing devices, and in licensing our computing and microprocessor technologies to other companies. To learn more about Transmeta, visit www.transmeta.com. Safe Harbor Statement This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements speak only as of the date of this release, and we will not necessarily provide updates of our projections or other forward-looking statements. Investors are cautioned that such forward-looking statements are subject to many risks and uncertainties, and may differ materially or adversely from our actual results or future events. Important risk factors that could have material or adverse effects on our results include practical difficulties in implementing our restructuring plan and modifying our business model, the potential loss of key technical and business personnel, our ability to satisfy the continued listing requirements of the Nasdaq Stock Market, uncertainty about the adoption and market acceptance of our technology offerings by current and potential customers and licensees, our inability to predict or ensure that third parties will license our technologies or use our technologies to generate royalties, difficulties in developing our technologies in a timely and cost effective manner, the risk that we have difficulties entering into strategic collaborations or raising financing on satisfactory terms, patents and other intellectual property rights, and other risk factors. We urge investors to review our filings with the Securities and Exchange Commission, including our most recent reports on Forms 10-Q, 10-K and 8-K, which describe these and other important risk factors that could have an adverse effect on our results. We undertake no obligation to revise or update publicly any forward-looking statement for any reason. Transmeta and LongRun2 are trademarks of Transmeta Corporation. All other product or service names mentioned herein are the trademarks of their respective owners.