Novafora Completes Acquisition of Transmeta

Novafora, Inc., a developer of video processors, today announced that it has completed its acquisition of Transmeta Corporation (formerly listed as NASDAQ: TMTA). The acquisition – which was formally announced on November 17, 2008 – was finalized upon approval by Transmeta shareholders.

"With the completion of our acquisition of Transmeta, we are now focusing on putting its innovative technology to work,” said Zaki Rakib, CEO of Novafora. "The addition of Transmeta’s power management technology to our video processor will enable us to target Novafora’s products to the broadest range of video-oriented devices.”

Since its founding in 1995, Transmeta has been recognized for its innovative computing, microprocessor and semiconductor technologies, and in particular, its initial line of x86-compatible software-based microprocessors. In recent years the company’s business model has increasingly focused on licensing its technologies and related intellectual property.

About Novafora

Novafora is a video processor company enabling OEMs to deliver on the promise of the digital video revolution – the highest quality video, anywhere, on any display device and at any time. Novafora was founded in 2004 by a group of successful entrepreneurs and video experts and is backed by leading venture capital firms. More information on the company can be found on its website www.novafora.com.

Forward-Looking Statements

This press release contains forward-looking statements concerning Novafora, including, among other things, the ability to advance the company’s vision of making its products applicable across the broadest range of video-oriented devices. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. All forward-looking statements in this press release are made based on management’s current expectations and estimates, which involve risks, uncertainties and other factors that could cause results to differ materially from those expressed in the forward-looking statements. These statements involve a number of risks and uncertainties including, but not limited to, the ability to incorporate the Transmeta technology into Novafora’s products, the ability of Novafora to fulfill the promise of the digital video revolution and other risk factors. Novafora does not undertake any obligation to update forward-looking statements made herein, and such forward-looking statements speak only as of the day hereof.