Dr. Cheng-chung Shih, Ph.D., President and CEO

An experienced executive and technical manager, Dr. Shih possesses a Ph.D. and M.S.E.E. from the University of California at Berkeley as well as a B.S.E.E. in Communications Engineering, from the National Chiao-Tung University in Hsin-Tsu, Taiwan. From 1992 to 1997, he served as Vice President of Engineering, New Technology Division at Allied Telesyn in California. Dr. Shih directed the development of custom communications ASICs for applications including Ethernet Repeaters and Switches, mixed-signal Fast Ethernet Transceivers, Fast Ethernet Switches and Gigabit Switches. Prior to joining Allied Telesyn, Dr. Shih spent nearly five years leading the development of Ethernet circuits and ISDN interfaces at Level ONE Communications in Sacramento, California. He also spent several years at Rockwell Semiconductor Division where he designed data communications circuits for modems and T1 elements.

Gordon Steel, Chief Financial Officer

Mr. Steel is responsible for managing all financial operations at Allayer. During his 15 year career, Steel has served in senior financial management roles with Xilinx and Marvell Technology Group. As Sr. Vice President of Finance for Xilinx Inc., he participated in raising private financing for the company, in implementing an initial public offering, and completed a $250 million subordinated convertible debenture. While Steel was at Xilinx, the company was recognized as one of the two best financially managed U.S.-based semiconductor companies an unprecedented five times by In-Stat, a consulting firm focused on the semiconductor industry. Steel holds a MBA degree in Finance, from the Stanford Graduate School of Business, and a BA in Economics from Pomona College.

Mohan Maheswaran, Vice President of Marketing

Mr. Maheswaran is responsible for all Marketing and Business Development activities at Allayer. During his 15 year career, Maheswaran has served in senior management roles with IBM Microelectronics, Texas Instruments and Hewlett-Packard. Prior to joining Allayer, Maheswaran was the Vice President of Strategy for IBM Microelectronics where he led this $6 billion division from a commodity oriented focus to a high margin, market driven focus. Prior to IBM, he served in Texas Instruments' ASIC division as business unit manager, European marketing and sales manager and various marketing and applications roles. Maheswaran holds a BSEE from Surry University and a MBA degree from Henley Management College in the U.K.

Sam Laymoun, Vice President of Sales

Mr. Laymoun is responsible for directing the worldwide sales effort for Allayer. He brings more than 20 years of proven semiconductor experience to his role at Allayer. Most recently, Laymoun served in sales management at AMCC, where he was instrumental in achieving substantial revenue growth, winning key designs, and establishing key strategic partnerships with leading networking OEMs. During his nine-year tenure at AMCC, Laymoun was a sales manager based in Silicon Valley. Prior to joining AMCC, Laymoun held various marketing and engineering management positions at National Semiconductor, Fairchild Semiconductor, Unisys and Control Data. Laymoun holds an MS from the University of Minnesota and a BS degree from University of Texas. Laymoun holds a patent in semiconductor design.

Mr. Yongbum Kim, Chief Technology Officer

Mr. Kim is responsible for directing the technical team at Allayer. An accomplished 15-year communications industry veteran, Kim was previously the founder, managing director and engineering director of Chipcom Corporation, now the ISV division of 3Com, and a founder and vice president of engineering and technology at LANart. At Chipcom, Kim created a product division and was responsible for inventing, developing and managing an intelligent modular hub product line that eventually became the leading contributor to Chipcom¹s revenue. He has managed and developed many different system-level products and has extensive experience with ASIC design technologies, fiber optic Ethernet products, token ring standards, IEEE Broadband standards, and micro-code CPU design. Kim is a voting member of the IEEE Ethernet 802.3 Standards Committee. At Allayer, Kim manages the design of advanced communications ASICs, the development of system architectures and the development of fiber optic technologies and products. Kim possesses a BA and MSEE from Boston University and engaged in post graduate studies in Digital Signal Processing at MIT.

James Ou, Vice President of Operations

A senior operations management expert, Mr. Ou manages all aspects of the fabless semiconductor operations of the company. From 1988 to 1993, Mr. Ou served as Director of Operations at Oak Technology, Inc. where he was responsible for that firm's fabless semiconductor operations. During this time, he helped grow Oak Technology from just a startup to over $100 million in revenue and set the stage for a subsequent and successful IPO. At Oak, he excelled in managing complex high volume vendor relationships with domestic and international manufacturers, assembly and test houses and other service providers. With 15 years of manufacturing and operations experience, Mr. Ou is a highly capable manager of high volume production processes.