Alchip Named Among Nollenberger Capital Partners

Top 200 Private Technology Companies

San Francisco – June 19, 2008 – Alchip Technologies, Inc.(“Alchip”), a leading fabless ASIC company that empowers customers with time-to-market advantages, announced today that Nollenberger Capital Partners (“NCPI”), a privately held investment banking and advisory services firm, has selected Alchip as one of the top 200 leading private technology companies for 2008.

Nollenberger Capital Partners examined thousands of private company business models, financials and management teams that are transforming markets and creating new opportunities. NCPI believes that the companies mentioned in this report have compelling solutions, are addressing large markets, have demonstrated results and will successfully achieve liquidity or raise capital, resulting in a higher market valuation over the next 12 to 24 months.

“Alchip is the largest open foundry fabless ASIC company in the world. We value the recognition from Nollenberger Capital Partners because it validates Alchip as a leader,” said Kinying Kwan, President and CEO of Alchip. “Due to our track record, operational excellence and a strong commitment to their success, Alchips customers view us as their trusted silicon partner to deliver their innovations in high volume semiconductor devices.”

Worldwide, revenue in the VLSI design services market is growing rapidly at a compound annual growth rate (“CAGR”) of 20.1% for the period 2006 to 2010. For the Asia-Pacific region this rate is even higher at a 21.8% CAGR for the same period.

“Alchip has been selected because of the success of their business in China and Japan, where VLSI design services continue to grow rapidly due to organic growth and as global companies expand to reach those regions,” said Kent Shimasaki, Managing Director of Investment Banking for Nollenberger Capital Partners. We continue to watch them closely because of the strong leadership team, differentiated technology, first silicon success track record and leadership as an Open Foundry Fabless ASIC company.”

The Top 200 Private Technology Companies of 2008 report can be found on Nollenberger Capital Partners website at www.NCPI.com.

About Nollenberger Capital Partners

At Nollenberger Capital Partners, we believe that success is a shared vision. We are an investment banking and advisory services firm providing investment banking, private client services, public finance, and retirement plan services. Our high-touch approach combines experienced advisors providing insight-driven solutions. We have one goal in mind, our clients success. For more information about Nollenberger Capital Partners, please visit www.NCPI.com

About Alchip

Alchip Technologies, Inc., headquartered in Taipei, Taiwan, is a provider of silicon design and manufacturing services for companies developing complex and high-volume system-on-chip (“SoC”) designs. Founded in 2002 by semiconductor veterans from Silicon Valley and Japan, Alchip provides services intended to enable customers to cost-effectively address the increasing technological complexity of silicon design and the need to reduce time to market. Alchip targets customers that address rapidly growing and high-volume end markets, such as entertainment devices, mobile phones, HDTV, communications equipment, computers and other consumer electronic products. Alchip has provided design services on numerous complex SoC devices at 130nm, 90nm and 65nm advanced process technologies. Alchip has branch offices in the United States (Santa Clara, CA), Japan (Shin-Yokohama), China (Shanghai), and Taiwan (Hsinchu). Additional information about Alchip is available at www.alchip.com

Contact:

Dana Wentworth

Nollenberger Capital Partners

(415) 402-6057

dwentworth@ncpi.com

Steffi Lee

Alchip Technologies, Inc.

+886 2-27992318 x2305

www.alchip.com