ALLIANCE MEMORY ACQUIRES SRAM BUSINESS UNIT FROM ZMD

JANUARY 15, 2008 - SAN CARLOS, CA and DRESDEN, GERMANY-- Alliance Memory, Inc., and ZMD AG announced today that Alliance Memory (of San Carlos, California) has acquired from ZMD (a Dresden, Germany company) its complete SRAM product line. The acquisition involves the manufacturing rights, mask sets, IP and all remaining inventory. Alliance Memory, Inc. will continue to offer former ZMD's 64k and 256k Low Power SRAM's in commercial, industrial, and automotive temperature ranges.

Effective immediately customers can purchase ZMD material from Alliance Memory. Alliance Memory will provide long term support of these legacy SRAM's to their worldwide customers. To facilitate a smooth transition, Alliance will initially offer the ZMD products with the current ZMD top mark and eventually will move to the Alliance Memory marking later on.

"After numerous requests from customers for our SRAM ICs we are glad to have found in Alliance Memory a partner, who will take over our whole SRAM product portfolio as well as our technology. This way we can ensure proper supply for our customers for the future" Says Dirk Behrens, Executive VP Marketing of ZMD AG. "The sale of our SRAM product line, allows us to fully focus our activities on expanding our analog mixed-signal product portfolio in the sensor signal conditioning, industrial automation and medical markets."

"I believe we have made a real statement to the market. In the last two years we have acquired two SRAM companies, added a complete Low Power SRAM line-up and established our own Testing facility in Taiwan" Says David Bagby, President and CEO of Alliance Memory. "The addition of ZMD SRAM's shows yet another aggressive step by Alliance Memory to be a long term and dedicated player in the legacy SRAM market."

This acquisition further expands the LOW POWER product range that Alliance Memory currently offers. This includes 64k, 256k, 1M, 2M and 4M in x 8 organization that is RoHS compliant. The packages offered are in DIP, SOP and TSOP.

About Alliance Memory

Alliance Memory was founded in May 2006 with the acquisition of the Fast Asynchronous SRAM business unit from Alliance Semiconductor formerly of Santa Clara, California Alliance Memory Inc is a worldwide provider of legacy memory products for the communications, computing, industrial and consumer markets.

Alliance Memory supports the full range of 3.3V and 5V asynchronous SRAMS used with mainstream digital signal processors (DSPs) and microcontrollers. Alliance Memory has its world headquarters and warehouse facility in San Carlos, California and a warehouse and testing facility in Taiwan. Please visit www.alliancememory.com for more information.

About ZMD

Founded in 1961, ZMD AG is a leading supplier of analog and mixed-signal integrated circuits for applications in automotive, industrial, medical and consumer. ZMD specializes in design and marketing of high temperature, high voltage and ultra low power application-specific integrated circuits (ASICs) and application-specific standard products (ASSPs). ZMD's advanced circuit-design expertise offers ICs with operating temperatures as high as +160°C, and voltages from 0.85 V to 40 V.

Headquartered in Dresden, Germany, ZMD has 250 employees worldwide and serves customers from the company's offices in Melville, NY; Stuttgart, Germany; Newcastle, England; Paris, France; Tokyo, Japan, Hsinchu City, Taiwan and Bangalore, India. ZMD operates design centers in Dresden, Stuttgart, Germany; Melville, NY and Madison, WI. Find more information at www.zmd.biz

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Contact and further information:

Alliance Memory, Inc.

ERIC REINHARDT
Phone: +1.650-610-6802

ZMD AG

GABRIELE TASCHLER
Phone: +49.351.8822 ext 668