MoSys, Inc. Announces Resignation of Chi-Ping Hsu as a Member of the Board of Director and from all Committees of its Board of Directors

MoSys, Inc. is a fabless semiconductor company. The Company is focused on the development and sale of integrated circuits (ICs) for cloud networking, communications, security appliances, video, monitor and test, data center and computing markets. The Company's primary product line is marketed under the Accelerator Engine name and includes the Bandwidth Engine IC products, which integrate Its 1T-SRAM high-density embedded memory and a serial interface protocol resulting in a monolithic memory IC solution optimized for memory bandwidth and transaction access performance. Its LineSpeed100G PHY products are optimized to enable higher-density, lower-power data path connectivity as electrical interface rates transition from 10 gigabytes per second (Gbps) to 25Gbps. The Company is also developing its Virtual Accelerator Engine (VAE) product line, consisting of software, firmware, and Internet protocol (IP) available for license.