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Xilinx Press Release # 0616
 
FOR IMMEDIATE RELEASE

XILINX SIGNS DISTRIBUTION AGREEMENT WITH PALTEK

TOKYO, Japan, January 25, 2006 – Xilinx, Inc. (NASDAQ: XLNX), the global leader in programmable logic solutions, today announced that it has formally concluded a distribution agreement with Japan-based PALTEK Corporation (JASDAQ: 7587). Starting February 1, 2006, PALTEK will commence marketing Xilinx products, with shipments beginning April 1, 2006.

Current Xilinx K.K. partners also include Tokyo Electron Device Limited, Avnet Japan K.K. (formerly Memec Japan K.K.), Shinko Shoji Co., Ltd., and Ryoyo Electro Corporation. The addition of PALTEK to the Xilinx K.K. ( Tokyo, Japan) network of distribution partners will allow the company to meet increased demand for its flagship programmable logic and system-level solutions, and to further strengthen its service and support structure in Japan. PALTEK brings more than 20 years’ experience in the PLD industry to its new distribution partnership with Xilinx in Japan, enabling the company to immediately provide added value to Xilinx and its customers.

Japan represents a growing proportion of Xilinx worldwide sales, with 14 percent of total sales in the third quarter of fiscal 2006 ( October – Dec ember 2005) and a corporate objective to increase this to 20 percent. Xilinx K.K. has played an essential role in the diversification of Xilinx' business over the past several years, particularly in digital consumer, automotive, industrial and medical applications.

“PALTEK is a leading distributor with one of the longest histories and track records of selling and providing technical support for PLD devices in Japan,” said Xilinx K.K. President Hitoshi Yoshizawa. “We have great expectations that PALTEK will play a huge role in helping us fulfill the Xilinx growth strategy in the Japanese market. We intend to leverage this new distribution partner network to provide a full range of programmable logic solutions to our customers in Japan.”

“I am delighted that we have been able to sign a distribution agreement with Xilinx,” added PALTEK Corp. President Tadahito Takahashi. “We at PALTEK have over 20 years of experience in providing PLD support, and we are committed to combining our know-how in the Japanese market with Xilinx’s excellence in FPGA and PLD products to answer customers’ diverse needs with closely tailored solutions. By working closely with Xilinx, we will further strengthen our solutions in order to help our customers develop and introduce unique and highly-value-added products into market in timely manner. ”

About PALTEK
Since its founding in1982, PALTEK Corp. has provided silicon and software solutions to Japanese electronics manufacturers. Since 1985, the company has served as a premier distributor for Altera Corp., a leading supplier of programmable logic devices (PLDs). In addition, Paltek specializes in application specific standard product solutions (ASSPs) and other networking-related silicon. Paltek made its initial public offering on JASDAQ in 1998.. F or further information, see http://www.paltek.co.jp

About Xilinx
Xilinx is the worldwide leader in complete programmable logic solutions. For more information, visit www.xilinx.com. Xilinx K.K. was founded in 1989. Detailed information is available at the Japanese language website ( http://www.xilinx.co.jp).

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# 0616
Editorial contact:    

Yumi Homura

Lisa Washington

Ikuko Tokunaga

Marketing, Xilinx, K.K. Xilinx, Inc

Relations Group Operational Service Division
PALTEK Corporation

03-5321-7740 (408) 626-6272 045-477-2016
yumi.homura@xilinx.com lisa.washington@xilinx.com  

 
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