Tundra Semiconductor Announces Loss of Board Member

Ottawa, Ontario – July 16, 2008 - Tundra Semiconductor Corporation (TSX:TUN), a leader in System Interconnect, today announced that Mike Unger, a long-standing member of the Tundra Board of Directors recently passed away after a short illness. 

Mike served on Tundra’s Board of Directors since 2001, after a long and successful career at Nortel Networks, his last role there being President of the Optical Networks Division.  As a Director of Tundra’s business, and as Chair of the Board’s Human Resources, Corporate Governance and Nominating Committee, Mike demonstrated grace, balance, wisdom and good judgment in all that he did, and always had the best interests of Tundra’s Shareholders and Employees in mind.  Mike’s positive attitude and good nature will be sorely missed. 

Adam Chowaniec, Chair of the Tundra Board of Directors said, “It is with deep regret that we announce this loss.  Mike was a successful business leader, a source of wise counsel, and a respected colleague.  Tundra will miss the contribution that Mike made over the last 7 years to its business, and on a personal note I will miss the integrity and positive approach that Mike imparted in all that he did”, continued Adam.

Tundra’s Board, Leadership Team and Employees around the world, extend their deepest sympathies to the family of Mike Unger and wish to gratefully acknowledge Mike’s dedication, commitment and contribution since he joined the Board.

About Tundra
Tundra supplies the world’s leading communications, computing and storage companies with System Interconnect products and design services backed by world-class customer service and technical support.  Tundra’s track record of product leadership includes over a decade of bringing to market bridges and switches which enable key industry standards: RapidIO®, PCI, PCI-X, PCI Express®, Power Architecture™, VME, HyperTransport™, Interlaken, and SPI4.2.  Tundra delivers high performance, high quality products that enable ease of design for customers and are supported by great service.  Tundra's design services division, Silicon Logic Engineering, Inc., offers industry-leading ASIC and FPGA design services, semiconductor intellectual property and product development consulting.  Tundra’s technology connects critical components in high performance embedded systems around the world.  Visit www.tundra.com for more information.

TUNDRA and the Tundra logo are registered marks of Tundra Semiconductor Corporation in Canada, the United States, European Union and the People's Republic of China.    Design.Connect.Go is a trademark of Tundra Semiconductor Corporation. Other registered and unregistered trademarks are the property of their respective owners.

© Copyright 2008 Tundra Semiconductor Corporation.  All rights reserved.  Information subject to change without notice.

For more information contact:

Keri Zeran
Director of Marketing Communications
Tel:  1.613.592.0859 ext. 1744
Mobile:  1.613.697.6788
keri.zeran@tundra.com