Semiconductor Venture Fair V, Millbrae, CA – March 6, 2006 - SemiSouth Laboratories today announced that participants at Semiconductor Venture Fair V last week named the Mississippi-based technology developer of silicon carbide (SiC) power semiconductors and electronic materials for commercial and government markets, as one of the top five most promising emerging companies.

More than 70 companies participated in the venture fair held in Millbrae, CA.  The event provided a platform for semiconductor technology companies, to present their visions and business plans before a national audience of venture capitalist and strategic investors.

This recognition is a true honor and comes as the company embarks on a new capital funding campaign in anticipation of future growth,” said Dr. Jeffrey B. Casady, SemiSouth president and co-founder. “The next round of financing we secure will enable us to leverage our silicon carbide technology and our new, nearly completed silicon carbide manufacturing clean room, to seek a larger presence in the overall power electronics market.”

The Semiconductor Venture Fair is an annual event that brings CEOs from 75 handpicked semiconductor technology, product and service companies seeking capital funding together with venture capitalists, corporate investors, and strategic investors who are looking for investment opportunities, strategic alliances and access to emerging technologies.  Companies who have presented at past Semiconductor Venture Fairs have raised more than $2.8 billon in capital funding. Following the conference, the participating CEOs and investors voted to elect the top five most promising companies that participated in the conference.