WiSpry Named Most Promising Company by Information Forecast, Inc. 

IRVINE, Calif., July 31,2007/PRNewswire/ -- WiSpry, Inc., the fabless semiconductor company developing low-cost, high-performance radio frequency micro-electro-mechanical systems (RF-MEMS) tunable components and modules for the wireless industry, today announced that it was recognized by Information Forecast, Inc. as one of the five most promising company's at the 6th Semiconductor Venture Fair in San Jose, Calif.  WiSpry was selected from among 75 of the most promising semiconductor-related technology and service companies at an award ceremony held at the Hilton in San Jose, Calif. on Thursday, June 21, 2007.

"Being recognized with this award among our peers in the semiconductor industry represents the venture capital community's validation of the company's cutting-edge technology," said Russell Garcia, president and CEO of WiSpry.  "It is an honor for the company to be recognized for its advanced product technology that is revolutionizing performance and expediting time-to- market for developers of cellular phones and other wireless mobile devices."

About Semiconductor Venture Fair
As the nations longest running Semiconductor Venture Fair, this program provides a platform for emerging companies to present their visions and business plans before a national audience of venture capitalists and strategic investors. Presenting companies from previous Semiconductor Venture Fairs have shown enough promise to raise more than $3.4 Billion over the last five years. Semiconductor Venture Fair VI brought together venture capitalists, other strategic investors and entrepreneurs to explore the significant business opportunities in today's semiconductor sector, one of the largest destination sectors for private equity investments.  More information can be found at http://www.infocastinc.com/.

About WiSpry
WiSpry, headquartered in Irvine, Calif., designs and markets radio frequency (RF) silicon-integrated circuits, components and modules to RF system manufacturers of mobile phones, laptops and mobile data communications products.  Utilizing the Company's core competency in RF micro-electro- mechanical systems (RF-MEMS) technology, WiSpry creates revolutionary wireless products enabled by the cost-effective integration of RF-MEMS and advanced semiconductor circuitry to create 'System on Chip' MEMS-based RF architectures.  WiSpry tunable RF-MEMS devices permit the development of reconfigurable RF front-ends and enable system designers to achieve the architectural innovation required to meet the growing challenges of mobile communications networks. Investors in the company include American River Ventures, Blueprint Ventures, Hotung Capital Management, L Capital Partners, Shepherd Ventures, In-Q-Tel, Sid R. Bass Associates and The Tech Coast Angels. For more information, visit http://www.wispry.com/.