Press Contacts:

Adam Zand                                                                Clair McBride

Topaz Partners                                                           Nallatech

781-643-6960                                                            Tel: +44 (0)1236 789 536

azand@topazpartners.com                                         Email: c.mcbride@nallatech.com

NALLATECH WELCOMES MAGNUM ANALYTICS AS STRATEGIC PARTNER

Partnership Joins Defense Industry and FPGA Technology Expertise for Delivering Improved Military Computing Applications

Baltimore, MD, March 20, 2006. Nallatech, the leader in high-performance FPGA computing solutions, today announced a strategic partnership with Magnum Analytics Inc., a full service provider of U.S. defense-related acquisition and operational expertise. The agreement reinforces Nallatech’s focus on the U.S. defense industry market for its FPGA-based computing products and will broaden Nallatech’s opportunities within the defense industry. Magnum Analytics is a veteran-owned consultancy that brings a variety of services to its military-focused customers, including strategic planning, new product and market analysis, subject matter expertise, customer requirements validation and market intelligence.

Magnum Analytics and Nallatech will identify opportunities within the North American defense industry where traditional processing technologies can be replaced with FPGA computing technology. Sub-markets that are primed to benefit from advancing to FPGA-based systems are C4ISR, signals intelligence and software defined radio.

“By partnering with Magnum, Nallatech is forging a strategic agreement with a premier defense industry specialist that will help us to establish FPGA-based computing in the U.S. marketplace,” said Ed Hennessy, V.P. North American Operations, Nallatech. “Magnum provides a level of expertise in all facets of the industry that will open doors as we expand our presence in the defense market.”

“Nallatech provides a perfect fit for Magnum, as they have demonstrated a deep knowledge of the technologies needed to move the defense industry forward,” said Gerry Clancy, president, Magnum Analytics. “We anticipate wide acceptance of reconfigurable computing using FPGA-technology in demanding military markets, as proven COTS solutions solve the needs of high-performance computing. This class of technology is well suited to meet the transformational needs of today’s military, especially multi-sensor C4ISR applications.”

About Nallatech

Nallatech is the world’s leading supplier of high-performance COTS FPGA Solutions. Nallatech designs and manufactures high-performance FPGA embedded products, in form factors such as

PCI, VME, cPCI, PCI-X and PCI-104. Customers benefit from lower costs, reduction in size, weight and power and improved performance. Headquartered in Glasgow, Scotland, its wholly-owned subsidiary Nallatech Inc. has U.S. group offices in Baltimore and regional offices in Phoenix, Philadelphia and Boston. Nallatech has six operating locations worldwide and international partner sales offices in seven countries.

For further information on Nallatech please visit http://www.nallatech.com/

About Magnum Analytics

Magnum Analytics Inc. (www.magnumanalytics.com), a veteran-owned business, is a full service provider of defense-related acquisition and operational expertise. Clients range from small commercial technology companies with niche defense applications, to large defense contractors needing assistance in new market strategies and winning proposal preparation.

Magnum Analytics and its affiliates are subject matter experts in all facets of the targeting cycle: Intelligence, Surveillance, Weaponeering, and Information Operations, specializing in Electronic Warfare. Its members are senior military officers with current operational experience in the Global
War on Terror or seasoned defense executives, all with current TS/SCI clearances.