Alliance Semiconductor - Press Releases

Alliance Semiconductor Not Affected By ASE Fire

SANTA CLARA, Calif. - May 4, 2005 - Alliance Semiconductor [NASDAQ:ALSC], a worldwide leading provider of analog and mixed signal products, high-performance memory products and connectivity and networking solutions for communications, computing, embedded, industrial and consumer markets, announced that the production and shipping of products manufactured at Advanced Semiconductor Engineering (ASE) is not affected by the fire that recently occurred at ASE's Chungli facility in Taiwan.

"While the news of the fire at the Chungli, Taiwan facility of ASE is unfortunate, we would like to assure our worldwide customers that production and distribution of Alliance's products is not affected by the event," said Jeff Parsons, vice president of finance & administration and CFO at Alliance. "ASE has been a long standing partner of Alliance and we wish them and those injured during the event a quick recovery."

About Alliance Semiconductor
Founded in 1985, Alliance is headquartered in Santa Clara, CA, with design centers in Santa Clara, as well as Hyderabad and Bangalore, India. Alliance's common stock is traded on NASDAQ under the symbol "ALSC" and the company is included in the SP 600 Index. Utilizing advanced process technologies and design expertise, Alliance provides leading OEMs with a board portfolio of complementary technologies, including analog and mix-signal products (clock, timing and power products), chip-to-chip connectivity products, networking controllers, high-performance synchronous memories and synchronous Dual Port Memories. Alliance addresses the complete needs of system developers by leveraging its proprietary advances in Electromagnetic Interference (EMI) reduction, power management and timing technology, PCI-Express, HyperTransport™ I/O connectivity and specialized memory solutions for next-generation applications. Further information on Alliance can be found by visiting http://www.alsc.com.

Except for historical information contained herein, the matters set forth in this news release are forward looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Potential risks and uncertainties include such factors as the level of business and consumer spending for electronic products, the amount of sales of the Company's products, the competitive environment within the electronic component industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts and the financial strength of the Company's customers and suppliers. Investors are also directed to consider other risks and uncertainties discussed in documents filed by the Company with the Securities and Exchange Commission.