MoSys Promotes Michael Miller to Chief Technology Officer

SAN JOSE, Calif., May 02, 2019 (GLOBE NEWSWIRE) -- MoSys (NASDAQ: MOSY), a provider of semiconductor solutions that enable fast, intelligent data access for cloud networking, security, test and video systems, today announced that Michael Miller has been appointed as its Chief Technology Officer (CTO). Miller has served as the company’s vice president of technology innovation and system applications since 2010, and holds over 45 patents, including the initial patent defining the industry-standard JTAG interface.

“Michael has been a key member of the executive team and the driver of our Accelerator Engine product roadmap. Our Accelerator Engine products embed in-memory function capability into our serial high-speed memory architectures. While our Bandwidth Engine® products support high-speed memory access, our Programmable Hyperspeed™ Engine products support software in-memory compute functions and solutions,” said Dan Lewis, CEO and president of MoSys. “Under Michael’s leadership, MoSys will be focusing on the development of software products that are firmware-based, silicon-enabled and utilize unique algorithms and high-throughput random-access memory.”

MoSys has traditionally focused on silicon component sales of high-speed serial-attached memory for networking, security and other applications. Building on the numerous Bandwidth Engine product design wins achieved in applications requiring high-performance memory, the company has begun developing customized software solutions for its Programmable Hyperspeed Engine to target a growing array of applications that benefit from both on-chip processing and memory access performance. The company’s silicon-enabled software solutions will focus on emerging applications utilizing in-memory-compute, machine-learning classification, large signal processing arrays and associative memory clusters. The goal of these development efforts is to provide system architects with software-defined, hardware accelerated solutions.

About MoSys, Inc.
MoSys, Inc. (NASDAQ: MOSY) is a provider of semiconductor solutions that enable fast, intelligent data access for cloud networking, security, test and video systems. The company’s solutions eliminate data access bottlenecks to deliver speed and intelligence for line cards and systems scaling from 100G to multi-terabits per second. Engineered and built for high-reliability carrier and enterprise applications, MoSys’ Bandwidth Engine IC product family is based on the company’s patented high-performance, high-density random access memory and highly efficient, high speed GigaChip™ serial-interface technology and incorporates powerful application-accelerating in-memory compute functions.

MoSys Forward-Looking Statements
This press release may contain “forward-looking statements” about MoSys, Inc., including, without limitation, anticipated product developments. Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, our ability to enhance our existing proprietary technologies and develop new technologies, achieving necessary acceptance and adoption of our products by potential customers and their suppliers, difficulties and delays in the development, production, testing and marketing of our ICs, the timing of customer orders and product shipments,, level of intellectual property protection provided by our patents, the expenses and other consequences of litigation, including intellectual property infringement litigation, to which we may be or may become a party from time to time, vigor and growth of markets served by our customers and our operations, and other risks identified in MoSys’ most recent report on form 10-K filed with the Securities and Exchange Commission, as well as other reports that MoSys files from time to time with the Securities and Exchange Commission. MoSys undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

Bandwidth Engine and MoSys are registered trademarks of MoSys, Inc. in the US and/or other countries. The MoSys logo, HyperSpeed and GigaChip are trademarks of MoSys, Inc. All other marks mentioned herein are the property of their respective owners.

Jim Sullivan
MoSys, Inc.
+1 (408) 418-7500

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