Tundra Semiconductor Announces Distribution Agreement with Hakuto in Japan

Leader in System Interconnect Further Expands Asia-Pacific Presence

Ottawa, Ontario – September 15, 2008 - Tundra Semiconductor Corporation (TSX: TUN), a leader in System Interconnect, today announced a distribution agreement with Hakuto Co., Ltd., a leading-edge electronics and semiconductor distributor in Japan. As part of Tundra’s on-going growth strategy, Hakuto will now promote and distribute Tundra’s full range of System Interconnect products in the growing Japanese market.

“Hakuto is a well respected distributor and has been providing customers in Japan cutting-edge technology and semiconductor solutions for more than 50 years. Tundra’s partnership with Hakuto’s technical professionals will ensure that the Japanese market has direct access to Tundra’s world-class System Interconnect solutions,” said Richard Riker, Vice President Sales, Tundra Semiconductor. “The addition of Hakuto to Tundra’s existing sales channel and distribution network in Japan offers another level of technical service and support for customers in Japan to take advantage of Tundra’s industry-leading product portfolio,” continued Mr. Riker.

“Hakuto represents cutting-edge technology produced by the world’s top manufacturers and suppliers. We have an experienced sales and technical team who collaborate with customers and match the best products with their needs to win the design,” said Jun Takagi Director & Vice President, Hakuto. “Tundra’s existing portfolio of high performance, reliable products, backed by world-class customer service and support, along with their long term commitment to provide standards-based interconnect technologies such as RapidIO and PCI Express, allows us to deliver the excellence our customers expect now and for the future,” continued Mr. Takagi.

About Hakuto
Hakuto is a full-service distributor for over 200 high-tech electronics principals from around the world. The products it handles include a wide variety of semiconductors, vacuum equipment, FPD and MCM manufacturing equipment, photomask production equipment, disk storage component manufacturing equipment, and a wide variety of other products. Hakuto's other activity is manufacturing of chemicals, electronics equipment and components. Through its Chemical Division, and its domestic and overseas affiliates and subsidiaries, Hakuto manufactures and supplies a wide range of products such as specialty industrial chemicals, FPD and PCB manufacturing equipment and electronic components. Through its ties with its overseas subsidiaries, Hakuto is able to provide technical training and guidance to its colleagues in Asia and the U.S., and follow its traditional Japanese customers to their overseas production sites. Further information is available on the company's website, www.hakuto.co.jp/.

About Tundra Semiconductor
Tundra Semiconductor Corporation (TSX:TUN) 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 bridges and switches enabling key industry standards: RapidIO®, PCI, PCI-X, PCI Express®, Power Architecture™ VME, HyperTransport™, Interlaken, and SPI4.2. Tundra’s products deliver high functional quality and simplified board design and layout, with specific focus on system level signal integrity. 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. For more information, please visit www.tundra.com.

TUNDRA is a registered trademark of Tundra Semiconductor Corporation (Canada, U.S. and U.K.). TUNDRA and the Tundra logo are registered marks of Tundra Semiconductor Corporation in Canada, European Union, People's Republic of China and the United States. 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 Marketing Communications
Tundra Semiconductor Corporation
+1.613.697.6788
keri.zeran@tundra.com