News Release

Intel Capital leads Investment in eflow

Plans to Expand Embedded Software Businesses for Intel-Powered Devices

April 22, 2010

TOKYO, April 22, 2010 – eflow Inc., the developer and provider of embedded middleware and networked application products and solutions, today announced that it has received an investment from Intel Capital, Intel’s global investment organization. Financial details of the investment were not disclosed.

eflow products can be found in mobile handsets (such as cell phones and Internet devices) and telecommunications equipment. The company has a proven track record developing Java™ technologies for next generation networking (NGN) infrastructure and browser technologies for multi-function peripherals and set-top boxes, and is involved in efforts to develop middleware for promising platforms such as Skype™, MeeGo, and Android™. In line with trends toward cloud computing, eflow is forming a framework specializing in one-stop solutions that integrate Java, browser and Skype elements to meet strict customer requirements.

The investment from Intel Capital will be used to accelerate eflow’s businesses for a wide variety of Internet devices powered by Intel® Atom™ processors and other Intel chips, including TVs and vehicle navigation systems. eflow also will work together with Intel to expand its overseas businesses in embedded solutions for consumers.

“The emergence of cloud computing is drastically changing our world. Not just PCs, but all types of devices are being connected to networks through which the cloud is created,” said Koichi Makabe, eflow Inc. CEO “The combination of Intel’s embedded processors and our software products make it possible for these devices to connect to the cloud. Capitalizing on this investment, we expect to enhance our relationship with Intel and accelerate the era of cloud computing.”

"As the number of digital consumer electronics devices and In-Vehicle Infotainment (IVI) devices deployed soars, the significance of embedded middleware and software grows," said Sudheer Kuppam, managing director, Intel Capital Asia Pacific. "This investment reinforces Intel Capital’s continued commitment towards accelerating market expansion by engaging promising embedded software companies such as eflow."

“Japanese companies are leading the development of digital consumer electronics and embedded devices,” said Kazumasa Yoshida, Intel K.K. president. “Intel expects embedded software developers with leading technology to play an important role by creating more attractive applications and services for Internet devices powered by Intel® Core™ processors and Intel® Atom™ processors.”

About eflow

Leveraging its core expertise and extensive experience in the Java™ and Android™ platforms, as well as in browser, rich-media, and network technologies, eflow provides the essential software products, components, and core technologies, for network operators, service providers, and manufacturers to bring high-value, rich services to next-generation connected devices — from smartphones, to home information and healthcare appliances, to digital televisions. eflow also integrates its solutions with customizable reference hardware to give its customers total control over the user experience, allowing seamless integration of hardware, software, content, and services. eflow is headquartered in Tokyo, with offices in Seoul, Taipei, and Beijing, and can be found on the web at http://www.eflow.jp/

About Intel Capital

Intel Capital, Intel's global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$9.5 billion in over 1,050 companies in 47 countries. In that timeframe, 175 portfolio companies have gone public on various exchanges around the world and 241 were acquired or participated in a merger. In 2009, Intel Capital invested US$327 million in 107 investments with approximately 50 percent of funds invested outside the U.S. and Canada. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com.

About Intel

Intel (NASDAQ: INTC), the world leader in silicon innovation, develops technologies, products and initiatives to continually advance how people work and live. Additional information about Intel is available at http://www.intel.co.jp .

Press contact

Arnaud.Caille
Chief Marketing Officer
eflow.Inc
Phone: +81-3-5333-5430
FAX : +81-3-3320-4122
e-mail: info@eflow.jp
http://www.eflow.jp/

Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries. eflow is a registered trademark of eflow Inc. Meego is a trademark of Linux Foundation. Java is a registered trademark of Oracle Corporation and/or its affiliates in the United States and other countries. Skype is a trademark of Skype Limited. Android is a trademark of Google Inc. * Other names and brands may be claimed as the property of others.