New York, NY (October 10, 2008) – QP Semiconductor, Inc. (“QP” or the "Company"; www.qpsemi.com) of Santa Clara, CA has been acquired by e2v Holdings, Inc. a subsidiary of e2v technologies plc of Chelmsford, England for an initial cash consideration of $65 million. In addition, deferred consideration of up to $15 million may be payable over the next year to QP’s shareholders. Sperry, Mitchell & Company, Inc. initiated this transaction, assisted in the negotiations, and served as exclusive financial advisor to QP Semiconductor, Inc.

QP Semiconductor, Inc. is a leading US-based designer and supplier of end-of-life and obsolete semiconductor components used in military and aerospace applications. The Company’s extensive product range, designed to deliver high performance in extreme conditions, includes militarized microcontrollers and interface devices, memory components, and linear and mixed signal devices. QP was admitted to the Defense Supply Center Columbus (“DSCC”) qualified manufacturers list in 1998 and currently supplies over 3,000 qualified semiconductor components on the U.S. DSCC qualified manufacturing list. The Company generated revenues of $24 million in 2007, and achieved compound annual sales growth of 27% from 2005 to 2007. QP was founded in 1985 in Santa Clara, CA by John Stannard and Gary Voget, both of whom will remain with the Company in management positions post-closing.

e2v technologies plc ("e2v"; www.e2v.com) is a specialist developer and manufacturer of high technology components and sub-systems. e2v’s products are supplied primarily to OEMs in niche markets within the medical and science, aerospace and defense, and commercial and industrial markets. e2v is headquartered in the United Kingdom and operates from five production facilities: three in the UK (Chelmsford, Lincoln and High Wycombe), one in Grenoble, France, and one in Corcelles, Switzerland, as well as a purchasing office based in Taiwan. Additionally, e2v operates sales and technical support offices in the UK, North America, France, Germany and Hong Kong. The acquisition of QP represents an opportunity for e2v to strengthen its position as a major global provider of specialized electronic components and sub-systems to leading original equipment manufacturers.

Sperry, Mitchell & Company, Inc. (www.sperrymitchell.com) is an investment banking firm specializing in middle-market merger and acquisition advisory services. Since the firm’s founding in 1986, Sperry Mitchell has completed over 250 transactions in a wide range of industries, with values ranging from $10 - $450 million.

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