Provigent Ups Fourth Round to $20 Million

SANTA CLARA, CA, Mar 31 (MARKET WIRE) --
Provigent, a leading provider of System-on-a-Chip (SoC) solutions for the
broadband wireless transmission market, announced today that it has increased
the
fourth round funding to $20 million.

Stata Venture Partners investment in the fourth round increased from $1
million to $4 million. In addition to Stata Venture Partners, Provigent's
technology
investors include: Sequoia Capital, Pitango Venture Capital, Globespan Capital
Partners, Ascend Technology Ventures, Magma Venture Partners, Delta Ventures,
and
Dr. Andrew Viterbi, co-founder of QUALCOMM.

"Provigent's consistently growing and strong customer base is constant
validation
of its leading position as the merchant silicon provider in this growing
market," stated Ray Stata, co-founder and Chairman of Analog Devices. "The
company's aggressive execution of initiatives to support next generation
wireless
communication with Provigent proven technology such as PVG610 and PVG310
influenced
the decision to increase Stata Venture Partners investment in the fourth round."

"This successful round of funding will enable Provigent to further
accelerate its
roadmap and market penetration," stated Dan Charash, Provigent's CEO. "We value
the support of all our investors and look forward to Ray Stata's continued
involvement and guidance as a member of the Advisory Board."

Provigent's field-proven, mass production SoC solutions offer significant
system
level enhancements while lowering overall system cost. With an established
economy of scale, significant R&D investments and a focused dedication to the
broadband wireless transmission industry, Provigent continues to establish
itself
as the market's leading SoC provider.

About Provigent

Provigent is the leading supplier of SoC solutions for the broadband
wireless
transmission industry. More information is available on the Web at
www.provigent.com or via e-mail at info@provigent.com.

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