Press Release

Anchor Bay Announces Appointment of John Glass as VP of Marketing and Business Development

Campbell, Calif. - Oct 30, 2006 - Anchor Bay Technologies, a leading supplier of video processing semiconductors (ASICs) and systems, today announced the appointment of John Glass to the position of vice president of marketing and business development. In this role, Glass will be instrumental in defining and positioning Anchor Bay's advanced video processing systems and semiconductor products, and will be responsible for the company's market positioning, distribution strategy, and product management.

Glass comes to Anchor Bay from Core Networks, Inc., where he was instrumental in positioning the privately held company for a successful sale to SupportSoft, Inc. As vice president of marketing and business development, he successfully introduced five new software platforms supporting high-speed Internet access, home networking, and network management for cable and telephone companies.

Prior to Core Networks, as early founder and vice president of marketing and business development for Taqua Systems, a next-generation switch developer , Glass forged the company's distribution strategy, market position, and was instrumental in introducing product into the market. He was key in establishing multiple technical and strategic business partners for channel distribution and product development . Taqua was subsequently sold to Tekelec.

Glass has extensive marketing and senior management experience in the video market as evidenced by his earlier roles as vice president and general manager of business units within General Instrument, Motorola Broadband, and Tektronix. In addition, he held senior executive positions with GTE and Siemens Communications Systems.

"John's wealth of experience directing corporate development and marketing strategies will be a tremendous asset to us as we shift our focus towards developing as a semiconductor company," said Craig Soderquist, CEO at Anchor Bay. "His understanding of domestic and international markets and proven record of success will play a vital role in bringing our advanced video processing technology to our customers and strategic partners."

"I'm very excited to work with an industry leader such as Anchor Bay," Glass said. "The company is dedicated to innovation, and has provided several unique technologies to the video processing industry. I look forward to helping Anchor Bay grow as a semiconductor company as we strive to provide best-in-class video processing solutions for OEMs, and superior picture quality for consumers."

Glass holds an M.B.A. from Western New England College and B.A. in economics and business from Washington State University.

He will be based in Campbell, Calif., and report to Craig Soderquist .

For more information on Anchor Bay Technologies, please visit www.anchorbaytech.com.

About Anchor Bay Technologies, Inc.

Anchor Bay designs and manufactures advanced digital semiconductor and system-level solutions for digital television and high-resolution digital video products. The company's proprietary Video Reference Series™ (VRS ™) technology allows Anchor Bay to offer a wide range of advanced video processing solutions that greatly improve image quality on large screen HDTV home theater systems and other video displays. The company's product offerings include Precision Video Scaling™, Precision Deinterlacing™, Progressive Reprocessing™ (PReP®), color correction, detail enhancement, and noise reduction solutions.

Anchor Bay makes its VRS technology available in semiconductor products for OEMs and in its award winning DVDO iScan line of video processing systems for end users. The company is dedicated to providing leading-edge video technologies that will enable current and next generation ICs and systems to deliver reference-quality images across a wide range of displays and sources. Privately held, Anchor Bay maintains its headquarters in Campbell, Calif.

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Rae Morrow
Wall Street Communications
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E-mail: rae@wallstreetcom.tv