Telegent Systems Files Registration Statement for Proposed Initial Public Offering

Telegent Systems, Inc. today announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to the proposed initial public offering of its common shares. The number of common shares to be sold in the offering and the price range for the proposed offering have not yet been determined. Goldman, Sachs & Co. and J.P. Morgan Securities Inc. are acting as joint book-runners, and Jefferies & Company, Inc., Oppenheimer & Co. Inc. and Piper Jaffray & Co. are acting as co-managers for the proposed offering.

The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from: Goldman, Sachs & Co., 85 Broad Street, New York, NY 10004, Attention: Prospectus Department, by calling 866-471-2526 or by emailing prospectus-ny@nyemail.gs.com or J.P. Morgan Securities Inc., 4 Chase Metrotech Center, CS Level, Brooklyn, NY 11245 Attention: Chase Distribution & Support Service Northeast Statement Processing, or by calling 718-242-8002.

A registration statement relating to these securities has been filed with the SEC, but has not yet become effective. The securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Telegent Systems, Inc.

Telegent Systems, Inc. is a fabless semiconductor company that develops and markets highly-integrated, high-performance, CMOS RF and mixed-signal system-on-a-chip solutions. Telegent's products enable the reception of live, free-to-air analog and DVB-T digital broadcast television in mobile handsets and other portable consumer devices. Telegent Systems, Inc. is incorporated in the Cayman Islands.

SOURCE Telegent Systems, Inc.

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