BETHLEHEM, PA, March 6^th , 2007 -- CICLON Semiconductor Device Corporation, a leader in the design, development and sale of high frequency, high efficiency RF and power semiconductor solutions, today announced the close of its second round of financing at $12 million. The funds will be used to continue the development and commercialization of radical new products and technology that delivers performance gains previously not achievable with existing technologies.

Led by a team of semiconductor design and industry veterans, CICLON’s groundbreaking technology continues to attract new investment. Guggenheim Venture Partners led the Series B round. The round also included reinvestment by both of the first-round funding partners: TL Ventures and Venrock Associates.

“CICLON is rapidly moving towards the commercialization of our revolutionary new products and technology that reduce world energy usage through highly efficient power semiconductors,” said Mark Granahan, President and CEO of CICLON. “We are thrilled that distinguished partners such as Guggenheim Capital, TL Ventures and Venrock Associates endorse our vision.”

Michael Burns of Guggenheim Venture Partners joins CICLON’s board.  “The products and technology CICLON has developed uniquely address the publicized energy challenges for high-density information technology well into the next decade.  CICLON has validated its value in real-life applications, and we are extremely excited about our participation in this technically challenging and fast-growing market,” said Burns.  “Further, the company has an extraordinarily strong balance sheet that enables them to capitalize on current market dynamics generating a significant business opportunity for CICLON.”

CICLON is headquartered in Bethlehem, Pennsylvania. The company is a client of the Ben Franklin Technology Partners of Northeastern Pennsylvania, a state-funded economic development initiative which supports early-stage technology firms and established manufacturers.

About CICLON Semiconductor

CICLON Semiconductor Device Corporation (pronounced See-Clone), Bethlehem, PA, is a leader in the design, development and sale of high frequency, high efficiency RF and power semiconductor solutions for high performance information technology applications. Products developed by CICLON, based on Bell Labs innovation, dramatically increase efficiency in power systems delivering new levels of systems size, cost and performance. Visit www.ciclonsemi.com for more information about the company.

About Guggenheim Venture Partners

Guggenheim Venture Partners (GVP) focuses on investments in early-stage, emerging technologies, particularly within the networking, communications, and components industries. The investment team also specializes by region, with offices in the Mid Atlantic, Southwest and Pacific Northwest . GVP is a subsidiary of Guggenheim Partners, LLC, a global diversified financial services firm with wealth management, capital markets, investment management and proprietary investing businesses. Guggenheim Partners clients are an elite mix of individuals, family office, endowments, foundations, insurance companies, pension plans, and other institutions that together have entrusted the firm with supervision of more than $110 billion in assets. Office locations include New York, Chicago, Los Angeles, Miami, Boston, Philadelphia, St. Louis, Houston, London, Hong Kong and Geneva. Additional information can be found at: www.guggenheimpartners.com.

Media Contact:

Chris Bull
Director of Marketing
CICLON Semiconductor Device Corp.
116 Research Drive
Bethlehem, PA 18015
610-849-5100
cbull@ciclonsemi.com

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