BRISTOL, England, July 14 /PRNewswire/ --

- Fourth Successive Quarter of Growth for Private Wireless Semiconductor
Company

Icera Inc., the wireless soft modem company, today announced
that it closed its fourth successive quarter of revenue growth at the end of
June 2009. Icera's chipsets and firmware are being shipped in the next
generation of high performance USB modem sticks and embedded MiniCard modules
for notebook and netbook computers.

Stan Boland, President & CEO of Icera Inc., said: 'Mobile Network 
Operators are driving revenue growth of around 40% pa in high-speed
mobile broadband services, even in mature markets, and achieving even higher
rates in developing countries, generating strong demand for high performance
user devices. As end-user demand grows, Icera's chipsets and firmware are
being increasingly specified by MNOs for these devices since they offer the
highest user throughput rates at attractive cost points, an ideal combination
in today's markets.'

Boland continued: 'In the second quarter, we exclusively
provided the chipsets and firmware for the world's first 10.2Mbps HSPA
commercial launches in two European markets, delivering a welcome 40%
increase in user data rates. Unlike all other conventional approaches,
Icera's soft modem chipset has now been upgraded through software and will
support the first global 14Mbps service launches in the next few months. A
further software upgrade later in 2009 will extend our chipset performance to
the higher data rates set out in the Release 7 (HSPA+) version of the global
3G standards in line with MNOs' roll out plans.'

Icera's technology is now shipping on 9 networks across Europe, US, 
Latin America and Asia. Its customers are designing multiple HSPA
USB sticks, PCI Express MiniCards and modules and Icera is optimistic of
achieving continued strong growth looking ahead.

For competitive reasons, Icera does not reveal financial results or 
projections.

About Icera

Icera is a fabless semiconductor company, pioneering high
performance, low power, soft modem chipsets for the fast growing mobile
broadband device market. Icera technology delivers the highest performance
modem solutions for USB dongles, datacards, laptops, mobile internet devices
and smartphones. Founded in 2002, Icera is headquartered in the UK, with
design locations in the UK, France and North America, with customer
engineering and sales offices in Europe, Asia and the USA. For more
information, visit the Icera web site at http://www.icerasemi.com.

For further information, please contact:
    Sally Doherty
    Icera Inc.
    Tel: +44-1454-284859
    Email: sally@icerasemi.com