June 19, 2006

ENCIRQ Extends Global Presence to Korea

Company Appoints Taeyong Kim Regional Director

Burlingame, Calif. – June 19, 2006 – ENCIRQ Corporation, the leading provider of data-centric software for intelligent devices, today announced its continuing global expansion with the launch of sales and marketing operations in Seoul. With this newest location, ENCIRQ will be able to provide its unique blend of Silicon Valley innovation coupled with outstanding local support to Korean companies who are seeking to build a sustainable competitive advantage in the design and development of intelligent devices.

The Company’s Korea operation will be led by Taeyong Kim, a recognized industry veteran who has been at the forefront of helping customers adopt and deploy innovative software technology. Formerly with Wind River Systems, Mr. Kim possesses a comprehensive understanding of both the market and the technical challenges involved in building and deploying software for intelligent devices.

“This is an exciting time to be joining ENCIRQ,” said Kim. “The market is transitioning to where intelligence is being actively distributed to the device, requiring software applications to make independent, data-driven decisions. Our flagship product, the ENCIRQ® Data Foundation™, is already delivering breakthrough results to companies who are looking to put data to work in their products to drive better user experiences and increase revenue. I look forward to building a world-class operation in Korea that works closely with customers to help them employ ENCIRQ’s technology to accelerate the deployment of a new generation of intelligent devices.”

ENCIRQ provides a more powerful approach for building the high-performance, data-driven applications that power today’s devices. Strategic customers, including Sumitomo Electric Networks, Kyocera Corporation and Delphi Corporation are already shipping innovative, market-leading products based on ENCIRQ’s technology. The company continues to rapidly extend its vertical reach into intelligent device markets with key design wins in IPTV set-top boxes, mobile phones, automotive telematics and navigation systems, audio entertainment systems and networking equipment. With nearly two million units in the market, ENCIRQ is shaping the future of the data management marketplace for intelligent devices and continues to grow exponentially.

“Over the last two years, ENCIRQ has built remarkable momentum in Japan and North America,” said Mark Vogel, co-founder and CEO. “Korea is a global leader in the development of intelligent devices and the time is right for us to expand our presence here. Taeyong’s in-depth knowledge of the region will be instrumental in helping our Korean partners and customers use ENCIRQ’s technology to further increase the intelligence of their devices.”

 

ENCIRQ will be sponsoring presentations at the regions’ largest embedded technology conference and exhibition: ETC Korea 2006; Pacific Hall, CEOX, Seoul Korea, June 28-30. For more information on the event, go to http://www.embeddedconference.co.kr/english/