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TELEGENT SYSTEMS CEO WEIJIE YUN NAMED 2008 ERNST & YOUNG ENTREPRENEUR OF THE YEAR® IN NORTHERN CALIFORNIA

Award Recognizes Entrepreneurial Excellence in the Emerging Company Category


SUNNYVALE, CA – June 24, 2008 – Telegent Systems, the company that makes television mobile with its high-performance single-chip mobile TV solutions, today announced that chief executive officer and co-founder Weijie Yun received the Ernst & Young Entrepreneur Of The Year® 2008 Award for Northern California. The award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Yun was selected by an independent panel of judges, and the award was presented at a gala event held at San Francisco’s Fairmont Hotel June 21.

Under Yun's leadership, Telegent has delivered a breakthrough technology that has transformed the landscape of the mobile TV industry, by enabling phones to receive TV broadcasts from both analog and digital broadcast standards. Telegent's support for analog standards is unique in the industry, enabling manufacturers to provide consumers with worldwide access to free, live TV programming using existing broadcast infrastructure that has been built out over the last sixty years. This capability has led to shipments that have now surpassed those of all other digital subscription standards combined, resulting in millions of mobile TV viewers in Asia, Latin America, the Middle East, Europe and Africa.

"It is a great honor to receive this prestigious award," said Yun. "As an entrepreneur, I appreciate the opportunity to create value, which has been demonstrated by our tremendous growth over the last few years. Being successful, however, is not just about passion but also about execution. This award directly reflects the combined efforts and teamwork of everyone here at Telegent."

The Ernst & Young Entrepreneur Of The Year awards celebrate their 22nd anniversary this year. The program honors entrepreneurs who have demonstrated exceptionality in such areas as innovation, financial performance and personal commitment to their businesses and communities.

"Ernst & Young is pleased to honor outstanding business leaders such as Weijie," said Rick Fezell, Ernst & Young Entrepreneur Of The Year Program Director for Northern California. "Award recipients of the Entrepreneur Of The Year award build leading businesses and contribute a great deal to the communities around them. Their success helps our area grow stronger."

About the Ernst & Young Entrepreneur Of The Year Awards

Ernst & Young’s Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. As the first and only truly global award of its kind, Ernst & Young Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 135 cities in 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 130,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve potential. For more information, please visit www.ey.com.

About Telegent Systems, Inc.

Telegent Systems is a leading fabless CMOS semiconductor company providing high performance, single-chip solutions enabling free-to-air and pay-per-view mobile TV in mobile handsets, portable devices and consumer electronics. Telegent's solutions make television mobile, delivering both analog and digital broadcast reception with unparalleled sensitivity and picture quality in mobile environments, ultra-low power consumption and the highest integration simplifying mobile device design and manufacture. Telegent Systems has its US headquarters in Sunnyvale, California and a subsidiary in China.  For more information, visit www.telegent.com.

Contact:

Diana Jovin
Telegent Systems, Inc.
1-408-990-7092
djovin@telegent.com

 

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