iBiquity Appoints Parrella VP of IC Design

February 7, 2002

Columbia, MD, and Warren, NJ, - Jan 31, 2001 - Ibiquity has appointed Gene Parrella as vice president, Integrated Circuit Design. Parrella will lead the engineering teams finalizing the design of DSP and ASIC solutions that will enable consumers to receive IBOC digital AM and FM broadcasts in car, home and portable radios. Parrella''s teams also are responsible for the successful transfer of Ibiquity''s IBOC technology onto its semiconductor partners'' chips and supporting the receiver manufacturers that are using these DSP-based and dedicated ASIC solutions.

Immediately prior to joining Ibiquity, Parrella served as director of engineering for the TranSwitch Corporation''s successful CellBus line of ATM switch chips used in xDSL access multiplexers. He holds five patents in the areas of telecommunications chip and system design.

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