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Press Release

MathStar

Release date: February 5, 2008

MathStar, Inc. Completes Transcoder Subsystem for LG Electronics

HILLSBORO, Ore., Feb. 5 - MathStar, Inc. (NASDAQ:MATH), a fabless semiconductor company specializing in high-performance programmable logic, has completed its portion of the development of the MPEG4 to MPEG2 transcoder system built by LG Electronics, the companies announced today. Designed around MathStar's latest Arrix(TM) family of field programmable object array (FPOA) semiconductor chips, the transcoder system is designed for use in the lodging and hospitality industry and specifically eases the migration to H.264 MPEG4 high-definition video technology.

"MathStar is proud to complete our development work on this important project, and we are pleased that LG Electronics will now be able to move forward with shipment of production units," said Doug Pihl, CEO of MathStar. "We worked closely with the engineers at LG and with our Certified Design Center partner Adaptive Micro-Ware to deliver a high-quality transcoder system on an aggressive development schedule. The result shows that the FPOA is an excellent choice for demanding, high-definition video processing."

Richard M. Lewis, senior vice president, technology and research, for LG's U.S. R&D subsidiary, said, "MathStar and Adaptive Micro-Ware demonstrated that they have broad video application expertise. Along with MathStar's leading FPOA technology, their ability to solve problems at the system level helped us get to market quickly with a compelling transcoder product."

Customers of LG Electronics began evaluation trials of the transcoders during the fourth quarter of 2007. The LG Electronics transcoder system will be ramping into volume production over the next few months. The MathStar chipset in LG's transcoder reformats H.264 MPEG4 satellite signals so they may be displayed on existing MPEG2 receivers.

About MathStar, Inc.

MathStar is a fabless semiconductor company offering best in class, high-performance programmable logic solutions. MathStar's field programmable object array (FPOA) can process arithmetic and logic operations at 1 gigahertz clock rates, which is up to four times faster than even the most advanced FPGA architectures in many applications. MathStar's Arrix family of FPOAs are high-performance programmable solutions that enable customers in the machine vision, high-performance video, medical imaging, security & surveillance and military markets to rapidly and cost effectively innovate and differentiate their products. FPOAs are available now and are supported by development tools, IP libraries, application notes and technical documentation.

For more information, please visit http://www.mathstar.com/.

About LG Electronics USA, Inc.

LG Electronics USA, Inc., headquartered in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a global force in consumer electronics, home appliances and mobile communications. In the United States, LG Electronics sells a wide range of consumer electronics (digital display and digital media) products, mobile phones and digital appliances under LG's "Life's Good" marketing theme. LG's Commercial Products division, based in Lincolnshire, Ill., serves the lodging, education, business, industrial, healthcare and government markets.

For more information, please visit http://www.lgcommercial.com/.

Source: MathStar, Inc.

CONTACT: Sean Riley of MathStar, Inc., +1-503-726-5500, info@mathstar.com;

or John Taylor of LG Electronics USA, Inc., +1-847-941-8181, jtaylor@lge.com;

or Jeff Hardison of McClenahan Bruer, jeff@mcbru.com, +1-503-546-1000, for MathStar, Inc.

Web site: http://www.mathstar.com/ http://www.lgcommercial.com/

Company Information:
Name: MathStar
Address: 19075 NW Tanasbourne Drive
City: Hillsboro
State: OR
ZIP: 97124
Country: USA
Phone: 503-726-5500
FAX: 503-726-5501
http://www.mathstar.com

More New Product News from this company:
Apr 4, 2008 - IP Core supplies MPEG2 transport stream support.
Oct 19, 2006 - Field Programmable Object Arrays operate up to 1 GHz.
Aug 15, 2006 - Encoder Core suits field programmable object arrays.

Other News from this company:
Feb 19, 2008 - MathStar, Inc. Chips Support LodgeNet's Move Into High-Definition Television Services for the Hospitality Industry
Aug 07, 2007 - MathStar, Inc. Announces High Definition MPEG-2 Encoder IP Core for the Arrix(TM) FPOA
Jul 24, 2007 - Nuvation Joins MathStar's Certified Design Center Program
Feb 27, 2007 - MathStar, Inc. and Mentor Graphics Announce Partnership for Field Programmable Object Array Design Tools
Feb 13, 2007 - MathStar, Inc. Introduces MathStar Certified Design Center Program
Jan 30, 2007 - MathStar, Inc. Expands Sales and Support Operation in Europe, Middle East and Africa
Nov 21, 2006 - Announces First Customer Shipments of the Arrix(TM) Family of Field Programmable Object Arrays(TM)
May 09, 2006 - MathStar, Inc. Announces Machine Vision Library for the Field Programmable Object Array(TM) (FPOA(TM))
May 04, 2006 - MathStar, Inc. Announces Version 2.0 of the FPOA(TM) Design Tools and First Customer Shipment Dates for the Next Generation FPOA

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