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PRESS RELEASE

Verid Deploys Customer Information Portal for Global Communication Semiconductors

Maynard, MA, June 12, 2001 – Verid Technology Corporation, a leading manufacturing consulting and software integration firm, today announced that it has designed and implemented a business-to-customer information portal application for Global Communication Semiconductors, Inc. (GCS).  The portal enables authorized GCS customers to view real-time production status information through an interactive application on the GCS web site.

“We are pleased to provide GCS with a dynamic, effective web-based customer-focused information solution,” said Doug Kingsley, Integrated Business System Practice Manager at Verid.  “Through our manufacturing and business systems expertise, we were able to architect the solution on an integration platform allowing GCS to utilize their manufacturing system to achieve a global information service for their customers.”

GCS collaborated with Verid to develop and seamlessly integrate the business-to-customer reporting application with their manufacturing system.  Verid successfully deployed GCS’ manufacturing system in 1999.  The new application allows authorized customers of GCS to view production status reports of their orders from anywhere in the world using a standard web browser.

“Responsiveness in customer service is vital to our foundry customers,” said Dr. Owen Wu, President and CEO of GCS.  “The ability for customers to manage, in real-time, their product status in our fab allows them to meet their customers’ demands and compete more efficiently in today’s rapidly changing market conditions.”

“This is another example in which Verid’s expert knowledge of data and information in manufacturing businesses has enabled us to provide a client with integrated systems to meet their business needs,” said David Femia, Verid’s President and CEO.  “We continue to help our clients meet the needs of e-business with the solutions we provide.”

Global Communication Semiconductors Inc., based in Torrance, California, is an ISO 9002 certified company. GCS provides compound semiconductor foundry services to the telecommunication and high-speed networking industries. It currently offers HBT foundry service for both InGaP and AlGaAs processes. Additionally, GCS is delivering optoelectonic devices such as VCSEL and PIN diodes for fiber communication market and is providing SAW filter foundry service for handset applications. The company also plans to offer PHEMT foundry services in the first quarter of 2000.

Verid Technology Corporation helps manufacturing businesses that struggle with critical information flow internally or with customers and suppliers.  Verid delivers solutions that integrate the entire range of systems within a facility or corporation using web-enabled integration platforms.  The company is based in Maynard. MA and has been developing and deploying manufacturing software systems for global customers for more than 6 years.  Customers include Honeywell, Corning, Compaq, Nortel, Yantra, Princeton Lightwave, and Medtronic. To learn more about Verid visit www.verid.com.

For more information contact:
Bill Vitez Director of Marketing and Sales 

Global Communication Semiconductors, Inc. 

23155 Kashiwa Ct.
Torrance, CA 90505
Tel: 310-530-7274 x 714
Fax: 310-530-7279
Email: bvitez@gcsincorp.com
Web site: http://www.gcsincorp.com