Tundra Names VP

OTTAWA -- Tundra Semiconductor Corporation (TSX: TUN), the global leader in System Interconnect, today announced that Mr. Daniel Hoste has accepted the position of Vice President of Products with the company. One of the semiconductor industry's leading executives, Mr. Hoste brings more than 30 years of experience to Tundra, including 16 years with Freescale Semiconductor, Inc.

At Freescale, Mr. Hoste held management positions in all three business groups of the company, both in Europe and in the United States. More recently Mr. Hoste contributed to the company's success as Vice President and General Manager of the company's 8-16 bit Microcontroller division - a billion dollar global business - successfully growing revenues and profits. Bringing this highly successful track record and his global executive and management experience to Tundra, Mr. Hoste will become a key member of the executive team, contributing to the company's continued growth as the senior executive responsible for product management and operations.

"I am delighted that an individual of Daniel's calibre has chosen to join Tundra, taking on a key role that will significantly contribute to the company," said Jim Roche, President and CEO of Tundra. "I am confident that Daniel's experience and leadership will complement the Tundra executive team and help us build on the growth momentum that we have created."

Tundra Semiconductor Corp.