Rim Semiconductor and Monroe Telephone to Test High-Speed Technology.

Innovative Telecommunications Service Provider to Evaluate Industry's First IPSL[TM] Solution

PORTLAND, Ore. -- Rim Semiconductor Company (OTCBB:RSMI), the inventor and leader in Internet Protocol Subscriber Line[TM] (IPSL[TM]) technology, announced today it has entered into an agreement

Rim Semi's Cupria[TM] IPSL[TM] solution allows service providers to effectively increase the bandwidth and extend existing copper plant beyond current technologies. Cupria[TM] adheres to the framework established by the IPSL[TM] SIG, is optimized for today's Internet Protocol-based networks and is ideal for high bandwidth, high quality-driven applications such as Internet protocol television over existing copper networks.

Monroe Telephone is a privately held communications company that provides voice, broadband data and video services to its customers in the Monroe, Oregon area, which lies approximately 100 miles Southwest of Portland. Despite the relatively small size of this triple play telecommunications firm, Monroe has been an early adopter of technologies such as Voice over IP (VoIP), Internet Protocol Television (IPTV) and in-home, wireless video and data networking. The Wall Street Journal profiled Monroe's innovation in an article a few years ago.

"Rim Semiconductor's technology promises a cost-effective way to provide higher-speed and more reliable bandwidth over our copper network than existing approaches," stated John Dillard, President of Monroe Telephone. "We are pleased to work with Rim Semiconductor to help evaluate the IPSL platform and provide feedback and real world testing to aid the entire industry in its quest to provide advanced services."

"Monroe Telephone is well respected and well known in the industry as a company that is among the first to implement new technologies to better serve their community," stated Brad Ketch, president and chief executive officer of Rim Semiconductor. "Given Monroe's relatively high profile in the industry, we are proud to have Monroe Telephone participate with us in demonstrating Cupria's[TM] superior performance."

About Rim Semiconductor Company

Rim Semiconductor Company (OTCBB:RSMI) develops technology for telecommunications companies to deliver demanding new video and data services with lower network costs. The company's products allow data to be transmitted at greater speed and across extended distances over existing copper wire--all with the highest quality of service--for a better end-user experience. For more information, visit www.rimsemi.com.

With the exception of historical information contained in this press release, this press release may include "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to the following: product development difficulties; market demand and acceptance of products; the impact of changing economic conditions; business conditions in the Internet and telecommunications industries; reliance on third parties, including potential suppliers, licensors, and licensees; the impact of competitors and their products; risks concerning future technology; and other factors detailed in this press release and in the company's Securities and Exchange Commission filings. Rim Semiconductor is under no obligation and does not assume any obligation to revise or update any forward looking statement in this press release in order to reflect events or circumstances that may arise in the future.