CARY, North Carolina, April 22 /PRNewswire/ --

- Qimonda Announces Formal Appointment of Advisory Team

Qimonda North America Corp. today announced the formal offer for sale of
its Sandston, Virginia manufacturing center. The highly-accessible 1.3
million square foot Sandston campus, located in close proximity to Richmond
International Airport and less than 100 miles from Washington D.C., includes
a state-of-art 300mm semiconductor fab, an advanced 200mm semiconductor fab
and a 300,000 square foot office building. The 220-acre campus also includes
excess land which could be used to construct a mirror-image of the existing
facilities, potentially doubling production capacity.

To assist in the marketing and sale of these assets, Qimonda has
appointed an advisory team comprised of ATREG, a division of Colliers
International, Emerald Technology Valuations LLC and Gordon Brothers
Commercial & Industrial.

The initial efforts of the advisory team will focus on finding an
operational purchaser for the facility and its assets. Based on its most
recent technology mix, Qimonda's Sandston facility had been used for DRAM
production with volumes of approximately 9,500 300mm wafers per week and
approximately 12,000 200mm wafers per week. The fully automated,
state-of-the-art Qimonda Richmond site was built and equipped at a cost of
approximately US$3 billion and volume 300mm production began in 2005. The
world-class 300mm operational tool line includes hundreds of advanced
manufacturing tools of 2005 vintage and newer, many of which are capable to
32nm. Though production has ceased, the facilities have been idled down into
a "warm" state and are being immaculately maintained so that volume
production could be restarted quickly by a potential purchaser who may wish
to operate the existing the facility.

If an operational buyer is not found, the advisory team would move
quickly to a complete 300mm tool line sale. At the same time, the advisory
team would look for alternative advanced technology users, potentially solar
or MEMS manufacturers, who could benefit from the highly advanced
infrastructure.

"This is a very unique offering. A 300mm fab has never before been
available. Our primary goal is to find a user for the facility who can
restart operations. Alternatively, we will look to find an entity that can
take the entire 300mm tool line or a significant portion of the line," said
Stephen Rothrock, Managing Director of ATREG.

Qimonda requests that all inquires are directed to ATREG, attention:
Stephen Rothrock, Doug Barrett +1-206-515-4497.

Qimonda North America Corp. and Qimonda Richmond LLC each filed for
creditor protection under Chapter 11 of the Bankruptcy Code on February 20,
2009.

About Qimonda North America

Qimonda is a global memory supplier with a diversified DRAM product
portfolio. The company provides DRAM products with a focus on infrastructure
and graphics applications, using its power saving technologies and designs.
Further information is available at www.qimonda.com.

About ATREG

ATREG, the semiconductor sales division of Colliers International, is a
specialized team focused to help companies restructure advanced technology
assets. Established in 1997 and co-directed by Stephen Rothrock and Doug
Barrett, ATREG has represented some of the semiconductor industry's top
companies in transactions totaling more than US$2 billion. ATREG sells
operational semiconductor fabs, wafer supply agreements, process and product
IP, complete tool lines, and fab infrastructure. For more information:
www.ATREG.com.

About Emerald Technology Valuations LLC

Emerald is an advisory, valuation, and liquidation firm that specializes
exclusively in High Technology equipment and inventories. With over 75 years
in combined experience, Emerald's senior team has provided advisory,
valuation, and liquidation services to clients such as 3Com, Cisco, Hayes
Electronics, IBM, Jabil Circuit, Inc., KLA-Tencor Corp., Lucent Technologies,
Micron Technology Inc., Northrop Grumman Corporation, Palm, Inc. and
Sanmina-SCI Corporation. For more information: www.emerald-tech.com.

About Gordon Brothers Commercial & Industrial

Gordon Brothers Commercial & Industrial is a division of Gordon Brothers
Group. Founded in 1903, Gordon Brothers Group is a global advisory,
restructuring and investment firm specializing in the retail, consumer
products, industrial, and real estate sectors. Gordon Brothers Group conducts
over US$40 billion in transactions and appraisals annually. Gordon Brothers
Commercial & Industrial maximizes value for both healthy and distressed
companies by purchasing or selling all categories of commercial and
industrial assets including machinery & equipment, inventories and industrial
real estate. (www.gordonbrothers.com)