Sanjay Adkar joined NeoMagic in June 2000 as Vice President of Corporate Engineering. Mr. Adkar has over a decade and a half of experience in design engineering and engineering management developing innovative integrated circuits with a notable background in establishing highly productive design methodologies and developmental environments for achieving system-levels of integration.

Before joining NeoMagic Mr. Adkar was senior director of the information application organization at National Semiconductor Corporation, where he had general management responsibility for an organization of about 90 people developing chipsets and intellectual property for information appliances. Prior to that he worked for five years at LSI Logic Corporation, most recently as director of design and methodology for the ASIC products organization.

During his career Mr. Adkar has also held engineering and engineering management positions at Tandem Computers, Force Computers, Ironics, Inc., and Philips. He holds a B.S. degree in Electrical Engineering from the Indian Institute of Technology, Bombay, and an M.S. degree in electrical engineering from Virginia Tech.

Mr. Adkar oversees the company's U.S.-based system-on-chip, embedded-DRAM, and wide-band wireless communications technology development efforts, Israel-based array processing, imaging and MPEG-4 video compression development efforts, and India-based software development team. NeoMagic is a clear leader in integrating large amounts of DRAM with logic and analog functions. Combined with system-on-chip levels of integration, and innovative architectures for image and video processing, the company is ready to deploy a portfolio of proprietary technologies to address exciting new market opportunities.

NeoMagic Corporation was incorporated as a California corporation in May 1993. The Company was subsequently reincorporated as a Delaware corporation in February 1997. The Company's initial public offering occurred in March 1997. The Company operates in one industry segment. NeoMagic designs, develops and markets high-performance semiconductor solutions for sale to original equipment manufacturers of Handheld Internet Appliances. Previously, the Company provided semiconductor solutions for the Notebook PC Multimedia Accelerator marketplace. In April, 2000 the Company announced its intention to exit this market and is now focused on the market for Handheld Internet Appliances.

NeoMagic Corporation has been awarded honours by the Fabless Semiconductor Association for the past two years. In 1996, as the industry's "Most Respected Private Fabless Company". In November 1997, as the "Best Financially Managed Public Fabless Company". Under his leadership, NeoMagic went public in March 1997, became one of the fastest growing semiconductor companies, and led the industry in providing multimedia accelerators to notebook PC makers with over 60% market share.