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GPS technology explodes into the next millinium as eRide and XEMICS cast their magic     Neuchâtel, Switzerland and Mountain View, CA July 19, 1999       NEUCHATEL, Switzerland - SAN FRANCISCO, USA - July 19, 1999 XEMICS and eRide today announced their partnership agreement for the Global Positioning Systems (GPS) market. In an area of significant growth, this strategic alliance promises to develop and deliver advanced low-power circuits and software for low-cost navigation solutions in the consumer electronic appliance, communications, palmtop and wristwatch markets. When asked how eRide, Inc. will contribute to the GPS market, Arthur Woo, President of eRide said, ''In today's society where the majority of E-commerce, operates over wireless networks, eRide has the capacity and know-how to deliver fast, accurate, and low-cost GPS solutions that will exploit wireless networks to improve end-user performance.'' According to Paul McBurney, CTO of eRide, the company will differentiate its technology ''by developing a scaleable and portable architecture that for the first time will allow consumer appliance manufacturers to add GPS capabilities to their devices at a low enough cost and power level to make them economically viable.'' ''Combining eRide's plug-and-play hardware and GPS software architecture with XEMICS' ultra low power mixed-signal integrated circuit technology provides the basis for production of a high performance GPS navigation platform'' said Remy Pache, VP Business Development, XEMICS. ''XEMICS has the System-On-Chip capability to group RISC cores, optimized channel correlators, data and program memories and have supporting mixed analog-digital functions on the same chip operating as low as 1 V., thus enabling low cost, miniature and battery-operated high volume applications'' eRide Inc. Based in the San Francisco area and founded just this year, eRide is leading the development of the next generation GPS software architecture. With a seven figure investment from a major electronics corporation, they are developing highly scaleable, processor independent GPS software for low cost, low power applications in the consumer markets. eRide's plug-and-play architecture combined with XEMICS' ultra low power circuit technology will provide the basis for the introduction of GPS capabilities into small consumer information appliances, even those small enough to fit comfortably in a wristwatch. eRide's web site is under construction, but look for more information in the future at http:// www.eride-inc.com