SAN JOSE, CA--(Marketwire - April 23, 2008) - Discera, a world leader in CMOS MEMS oscillators, resonators, and provider of next-generation timing solutions, has been selected as a finalist for the Red Herring 100 2008 awards. The Red Herring 100 is a selection of the 100 most innovative private technology companies based in North America. Past winners include Google, Yahoo!, Skype, and YouTube.

The Red Herring 100 list has been regarded by technology industry executives, investors, and observers as an invaluable instrument to discover and advocate the most promising startups that will lead the next wave of disruption and innovation. Over 800 companies were evaluated but only 200 were selected as finalists based on financial performance, technology innovation, quality of management, execution of strategy, and integration into their ecosystem.

"We are honored to be selected as one of the finalists for this year's Red Herring 100 awards," said Tom Willey, CEO of Discera. "This award nomination further validates the value that MEMS timing devices bring to the market where quartz has hit a wall in terms of scalability and flexibility. Discera's MOS1 is now in volume production and has delivered higher performance, shorter delivery times and lower costs, providing customers and design engineers the alternative to quartz crystal immediately."

Quartz crystal has been the choice material for electronics designers for more than 50 years; however, it can no longer scale in price and size. Discera's CMOS MEMS-based resonators enable electronics companies to overcome the challenges posed by quartz crystal technology and offer the alternative that the electronics industry has been waiting for. Based on a recent study by Wicht Technologie, MEMS-based oscillators are expected to grow over 120 percent each year, penetrating today's $3.8 billion quartz timing market.

"We can see the exciting evolution of the technology sector reflected in the quality and variety of exceptional companies that we had to choose from in putting our list together," said Joel Dreyfuss, editor-in-chief of Red Herring. "It was tough to choose just 200 finalists from such a large list of excellent contenders, and we are very happy with the quality of the companies we selected as finalists."

The 100 winning companies will be unveiled at Red Herring North America taking place May 12-14, 2008 in San Jose, California. For more information on the event please visit: http://herringevents.com/northamerica08/redherring100.html

About Discera

Discera is a fabless analog semiconductor company that offers tiny, high performance silicon resonators for the frequency and timing control markets. These resonators act as the heartbeat or pulse for a variety of devices from consumer products such as cameras and MP3 players to specialized equipment for the military. The company's PureSilicon™ resonator technology is a fundamental building block that offers, according to Semico Research, "a better mousetrap" for creating fully integrated, low cost, small form factor wireline and wireless products, such as oscillators, filters, and RF components. Unlike crystal based oscillators, Discera's PureSilicon™ based CMOS oscillators can be integrated into other CMOS-based circuits. Founded in 2001 and headquartered in San Jose, California, Discera is a privately held company with investments from Ardesta, Partech, 3i, Qualcomm Ventures, Horizon Ventures, and Scale Ventures. More information is available at www.discera.com.

Contact Information: Contact: Venkat Bahl Discera, Inc. 408-432-8600 x228 venkat@discera.com Emilie Harris Lois Paul & Partners 512-638-5321 emilie_harris@lpp.com