Mimix Broadband, Inc. Acquires Majority Stake in Hocom Communications,Inc.

MMIC Test, Inspection, and Packaging Operation Improves Cycle Time and Expedites Delivery to Customers

March 9, 2005, Houston, Texas - Mimix Broadband, Inc. announced today that it has acquired a majority stake in Hocom Communications, Inc., a MMIC test, inspection and packaging operation based in Hsinchu, Taiwan. Mimix plans to operate Hocom as a production center. This acquisition allows Mimix to gain immediate access to nearly 8,000 square feet of production floor space in Hsinchu Science-based Industrial Park, which is in close proximity to Mimix's wafer fabrication and other production partners. The strategic location of Hocom enables Mimix to shorten its production cycle time and to expedite delivery to its customers.

Initially, Hocom is providing die picking and visual inspection, warehousing, and logistics coordination with local suppliers. In the future, Mimix plans to expand its production activities in Taiwan by adding on-wafer RF test and packaging assembly capabilities. The facility already includes a Class 10,000 clean room that allows for the
planned expansion of testing and assembly capabilities.

Kit Yong, Mimix VP Business Development, will serve as Hocom's Chairman of the Board. Additional new Hocom board members include: Dr. Charles Lee, Mimix board member, Rick Montgomery, Mimix CEO, and Carl Frampton, Mimix CFO.

"We are very pleased to add this strategically located facility to the Mimix organization," stated Rick Montgomery, CEO, Mimix Broadband, Inc."This new Taiwanese subsidiary significantly simplifies logistics and improves cycle time, due to its close proximity to some of our wafer fabrication and packaging partners. Our plans to further extend this
facility's capabilities to testing production wafers will shorten our production cycles and will continue our commitment to meeting our customers' needs. We welcome our new team members at this facility, and we look forward to working with them."

About Mimix
Mimix Broadband, Inc., an ISO 9001-registered company, designs, develops and supplies high performance monolithic microwave integrated circuits (MMICs) for microwave and millimeter-wave wireless communications applications. Mimix has assembled a team of world-class scientists that has focused on the development of state-of-the-art millimeter-wave MMICs for the last decade. The Company also leverages strategic partnerships for manufacturing, in order to expedite the time-to-market cycle and meet market requirements. Mimix combines its design capabilities in complete communications systems with semiconductor device expertise to deliver innovative solutions for its customers' most challenging applications.