Lucid Opens Silicon Valley Office, Hires VP Marketing and Sales

KFAR NETTER, Israel & SANTA CLARA, Calif.--(Business Wire)--
Lucid, an innovator in real time distributed processing for visual computing
applications, today announced it has opened a new Silicon Valley business office
and welcomes the addition of Patrick Chiumiento as VP of Marketing and Sales who
is responsible for marketing, sales and support.

"We are honored to welcome Pat to Lucid`s executive staff," said Lucid CEO Moshe
Steiner. "Pat`s background is rich with experience in supporting growing
startups to implement product marketing strategy, manage growth of a global
infrastructure, and successfully do business with worldwide computer and
peripheral OEMs."

Patrick Chiumiento

Pat brings to Lucid more than 25 years experience in technical marketing, sales
and business development. Pat`s most recent experience was with Memsic, where he
was VP of Marketing and Sales. During that time he helped as strategically
involved in planning and supporting the company`s IPO.

Prior to Memsic, Pat was co-founder of Chipwrights (acquired by AP Holdings),
where he served as the VP of World Wide Sales and Business Development and later
as CEO. Prior to ChipWrights, Pat co-founded N*Able Technologies, Inc. (acquired
by Wave Systems) where he served as the company`s VP Sales and Marketing. Pat
also has held various VP and Manager level positions at companies including
Databook Corporation, IBM Microelectronics, Chips and Technologies, NEC
Electronics (USA), and ITT Semiconductor.

Pat received his BSEE from University of Massachusetts (Lowell) and did his post
graduate studies in Business Administration at Merrimac College and Northeastern
University.

Lucid US Office

The US Lucid Technologies Inc. office is based in the heart of Silicon Valley at
5201 Great America Parkway, Suite 320 in Santa Clara, California and will serve
as a base for worldwide sales, support and marketing team members. To reach the
US office or to contact Pat, please call 408-850-7241.

About Lucid

LucidLogix Technologies Ltd. is reinventing multi-core graphics with its HYDRA
real-time connectivity and distributed processing engine that will scale visual
computing for professional, business and gaming applications. Lucid is a fabless
SoC provider headquartered in Kfar Netter, Israel. Its innovations are protected
by more than 60 patents and patents pending, and it is backed by leading venture
providers Rho Ventures, Giza Venture Capital, Genesis Partners and Intel
Capital. For more information, visit www.lucidlogix.com.

Lucid is a trademark of a LucidLogix Technologies LTD and Lucid Technologies
Inc. All other trademarks or trade names are the rights of their respective
owners.

Stowe Consulting
Kim Stowe, 408-839-8750
kim@lucidlogix.com

Copyright Business Wire 2009