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Impinj and Convergence Systems Limited Announce OEM Licensing Agreement for RFID Readers

Seattle, WA January 16, 2006 - Impinj, Inc., the fabless semiconductor company whose patented Self-Adaptive Silicon® technology enables its two business lines: semiconductor intellectual property and high performance radio frequency identification (RFID) products, and Convergence Systems, Ltd. (CSL) today announced an agreement under which CSL will license and manufacture Impinj's Speedway™ RFID reader design.

A key element of the Impinj GrandPrix™ Solution, the Speedway™ reader design fully supports the EPCglobal RFID Gen 2 standard mandated by prominent adopters of RFID technology worldwide. Speedway also exhibits unprecedented levels of performance and was one of the first RFID readers to receive the EPCglobal Hardware Certification Mark, assuring that products have been rigorously tested against defined global RFID standards.

"Cooperation among partners in the RFID ecosystem is an essential element of successful worldwide deployment of Gen 2 RFID technology," said Dimitri Desmons, vice president of RFID marketing at Impinj. "Having CSL as an OEM partner for our Speedway reader enables Impinj to continue to deliver high-performance RFID solutions to end-customers worldwide."

"We have received many inquiries from OEMs and systems integrators in Asia, as well as globally, asking us to build Gen 2 readers, antennas, embedded RF modules and customer tags. We believe that by licensing Impinj's Speedway™ reader design, we can quickly provide these potential customers with the best available Gen 2 reader technology. We are on schedule to ship Gen 2 readers and antennas to our first OEMs customers in the first quarter of this year," said Jerry Garrett, Managing Director of Convergence Systems, Ltd.

About Convergence Systems Limited

Founded in 2000, Convergence Systems Limited's (CSL) is a leading engineering and manufacturer of RFID readers, antennas, RFID modules, and RFID tags. CSL's readers have built-in middleware and edge server application software supporting iPx and EPC Gen 2 specifications. CSL was established to deliver a broad portfolio of RFID products to OEMs and system integrators in logistic management, supply chain, manufacturing, pharmacetuical, access control, asset and security management, transportation, and retail industries around the world. CSL is a member of EPCglobal. www.convergence.com.hk

CSL is affiliated with Chung Nam Electronics(CNE) and is a member of the Chung Nam Group. The group was founded in 1935 and has over 7,000 employees with operations in China and Europe. CNE is a value-added-Electronics Manufacturing Services (EMS) Company with OEM and ODM capabilities. CNE provides total outsourcing solutions to international clients through value engineering and interactive design. Specializing in RF &wireless technologies, CNE's products include: RFID (Radio Frequency Identification) tags and readers, 802.11 a/b/g Network Interface Card, 802.11 a/b/g Wireless Media Network Adaptor, Smart Antenna Access Point, RF Point-Of-Sales System, and GPS/GSM tracking systems. The company has also produced cordless phones, Chinese characters pagers, Satellite TV receivers. www.cne.com.hk

About Impinj

Impinj (NASDAQ: PI) helps businesses and people analyze, optimize, and innovate by wirelessly connecting billions of everyday things—such as apparel, automobile parts, luggage, and shipments—to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. www.impinj.com

Media Contact

Jill West
Sr. Director Global Marketing & Communications
Phone: +1 206-834-1110
[email protected]

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