Centillium Communications, Inc.

For Centillium:

Susie Reeves

Reeves & Associates

(650) 577-0688

[email protected]

CENTILLIUM TECHNOLOGY NAMED ONE OF UPSIDE MAGAZINE’S "HOT 100" PRIVATE COMPANIES

Prestigious Annual Award Identifies Elite Private Technology Companies

FREMONT, Calif., May 24, 1999 – UPSIDE magazine today announced that Centillium Technology Corporation, a leader in Digital Subscriber Line (DSL) chipset solutions, has been selected to receive the 1999 Hot 100 Award, UPSIDE’s annual award recognizing excellence and innovation among the hottest technology companies.

UPSIDE will publish the Hot 100 Award winners in its June 1999 issue, which is devoted almost entirely to profiling the winning companies. The UPSIDE Hot 100 Award winners were unveiled last week online at UpsideToday.com.

The 1999 UPSIDE Hot 100 were selected by a team of UPSIDE editors, venture capitalists, financial analysts, market researchers, and other industry luminaries who evaluated more than 800 nominations. The UPSIDE Hot 100 Award is judged on a company’s technological achievements, customer acceptance of products or services, financial performance, industry partnerships, financial backing, management savvy, and marketing.

"Selecting this year’s UPSIDE Hot 100 was particularly challenging for our team of editors and advisors, given the fierce market conditions led by a flood of mergers, acquisitions, and IPOs that disqualified many of our early selections," said David Bunnell, CEO of Upside Media and editor of UPSIDE magazine. "We spent many months evaluating each company’s achievements before selecting the 100 to receive this industry award. UPSIDE felt that Centillium Technology has what it takes to be considered among the ‘hottest’ private companies around, and we look forward to watching its future performance."

"It’s truly an honor for Centillium to receive an UPSIDE Hot 100 Award for 1999," said Travis White, president and CEO of Centillium Technology. "This recognition is a tribute to the employees of Centillium, who have invested an incredible amount of talent and energy into our enterprise."

About Centillium Technology

Centillium Technology is a communication solutions company dedicated to delivering high-speed Internet access to bandwidth-hungry businesses and consumers. The company designs and markets Digital Subscriber Line (DSL) chipset solutions for central office equipment, DLC line cards, and customer premises equipment. Centillium’s Central Office chipset family is the industry's highest port density, lowest power dissipation solution available to networking equipment manufacturers today. Additional information is available at http://www.centillium.com.

###