Singapore’s Infocomm Invests in Dilithium

Singapore, June 1, 2005— Dilithium, a leading provider of wireless multimedia solutions, today announced that Infocomm Investments Private Limited (IIPL), a wholly-owned subsidiary of the Infocomm Development Authority of Singapore (IDA), has invested in the company. IIPL’s investment was part of an $18 million (USD) Series C funding in February of this year. The capital raised will be used to grow Dilithium’s global sales and support footprint and for general corporate purposes.

“Investing in Dilithium is part of IIPL's mission to seek new growth opportunities for the infocomm sector,” said Lee Fook Chiew, CEO of IIPL. “Dilithium' research and development activities in mobile and wireless solutions can help to develop the market in Singapore where 3G services have just been launched.”

“We are pleased to broaden our financial support with such established and successful partners as Singapore’s Infocomm Investments” said Paul Zuber, Chief Executive Officer of Dilithium.

Dilithium will be exhibiting at CommunicAsia 2005 and will be demonstrating its 3G video telephony products at Stand 4D3-07, Hall 4, Singapore Expo Center. In addition to IIPL, Motorola Ventures, JAFCO, Deutsche Bank, Capital Partners and CM Capital are also investors in the company.

About Infocomm Investments Pte, Ltd

Infocomm Investments Private Limited (IIPL) is a wholly-owned subsidiary of the Infocomm Development Authority of Singapore (IDA) and was incorporated on 13 November 1996 under the name of NCB Holdings Private Limited. IIPL changed to its present name on 9 June 2000. In line with IDA's vision to develop Singapore into an infocomm hub, IIPL aims to use its equity investments to support IDA's efforts to achieve this vision. IIPL's investments are therefore focused fully on companies and projects that bring strategic value-add to the infocomm industry.

About Dilithium

Dilithium is the leader in 3G video telephony solutions for the world’s mobile and broadband industries. Products include multimedia transcoding gateways, 3G-324M protocol analysis test tools, protocol stacks and video telephony client solutions. Dilithium serves a global customer base including the majority of the leading network equipment suppliers, terminal manufacturers and mobile operators. For more information, please visit www.dilithiumnetworks.com

For more information contact:

Michael Chambers, Newell PR
MikeC@newell.com / Tel: +852-2117 5010

Karen Birnie, Dilithium

karen.birnie@dilithiumnetworks.com / Tel: +1 707 792-3927