HUMAX Selects Genesis FLI8532 ''Cortez'' Video Controller For New LCD TV Platform With Built-in Satellite Receiver; Design Win Includes 20-inch Global TV Model

June 14, 2006

Genesis(R) Microchip Inc. (Nasdaq:GNSS), a world leader in the development of image processing technologies for flat-panel TVs, monitors and other consumer display products, today announced that HUMAX Co. Ltd. of Korea, one of the world's leading digital satellite set-top box manufacturers, has designed Genesis Microchip's FLI8532 (Cortez) video controller into its new 20-inch LCD TV platform, model LD2060. Available now, this new LCD TV features an integrated DIRECTV(R) receiver. "This new LCD TV platform marks our entry into the flat-panel TV market, so its picture quality and functionality must be extremely compelling. That is why we made the strategic decision to incorporate the industry's leading video processing technologies, Genesis's Faroudja-based algorithms," said Bill Jun, head of DTV business unit, HUMAX Co. "We believe that these TVs offer a real competitive advantage in the market today." "We are pleased to be a key supplier to the new line of innovative and compact HUMAX TV designs that have the added convenience and cost-savings of integrated tuners and receiver technology, as well as the assurance of high-end video quality by sending the digital signal through our Faroudja video processing controller," said Raphael Mehrbians, Genesis Microchip's senior vice president of Product Marketing. "This unique combination gives consumers a sleekly designed TV with picture quality second to none." Targeted primarily for second room installations, this all-in-one television will allow consumers a single-cable, space-saving installation for receiving DIRECTV service. The 20-inch model features a modem and USB port, component video input, two composite video inputs, and an audio and video output. The FLI8532 (Cortez) is a highly integrated, single-chip television solution for flat-panel televisions. It features Faroudja(R)'s Emmy award-winning, advanced video decoding, directional correlational deinterlacing (DCDi) and video enhancement technologies, whose inclusion is represented by the Faroudja DCDi Cinema(R) brand. An integrated, multi-standard 3-D video decoder provides support for NTSC, PAL and SECAM standards and the integrated VBI (Vertical Blanking Interval) processor supports Teletext, Closed Captioning, V-chip and other VBI services. The FLI8532 also features proprietary technologies to improve the performance of Liquid Crystal Displays for television applications including LCD Overdrive technology to reduce motion smearing artifacts and an Active Color Management(TM) system to improve the dynamic color range. An embedded microcontroller and versatile On-Screen-Display (OSD) facilitate rapid product design of a global television chassis. About HUMAX Founded in 1989, HUMAX Co. Ltd of Korea is one of the world's leading digital satellite set-top box manufacturers, exporting its products to more than 90 countries around the globe. Listed on the Korean stock exchange (KOSDAQ), the company's international headquarters and research and design facilities are based in Korea with offices in Australia, Germany, India, Italy, Japan, the UK and the US. Production facilities are located in Korea, India, China and Poland. HUMAX recorded consolidated revenue of US $470 million in 2004, and has projected consolidated revenue of over US $600 million in 2005. For additional information please visit www.HUMAXusa.com. About Genesis Microchip Genesis Microchip Inc. (Nasdaq:GNSS) is a leading provider of image processing systems enabling superior picture quality in flat-panel TVs and a variety of consumer and PC-display products. Featuring Genesis Display Perfection(R) technologies and Emmy award-winning Faroudja(R) video technologies, Genesis system-on-a-chip solutions are used worldwide by display manufacturers to produce visibly better images across a broad array of devices including flat-panel displays, digital TVs, projectors, A/V receivers and DVD players/recorders. The Genesis technology portfolio features analog and mixed signal system-on-a-chip design, DCDi(R) by Faroudja deinterlacing, TrueLife(TM) video enhancement, IntelliComb(TM) video decoding and includes over 185 patents. Founded in 1987, Genesis supports its leading brand-name customers with offices in the U.S., Canada, India, Taiwan, South Korea, China, Japan and Singapore. For more information about Genesis Microchip Inc. or Genesis Display Perfection technologies, please visit www.gnss.com.

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