Motorola, Inc. the renowned frontrunner in wireless and broadband communications announced here today of its completion of the acquisition of the Terayon Communication Systems, Inc. In this regard it has also come to the knowledge that the Motorola Inc. has also been able to get hold of all the due shares of Terayon's common stock at the rate of $1.80 per share in cash. It is also to be noted that the entire business deal has a total equity value of $140 million on an approximate basis in accordance with completely diluted foundation.

Motorola is renowned throughout the world for its innovative techniques and leadership in wireless and broadband communications. Being inspired by the vision of Seamless Mobility, the name of Motorola has become synonymous to get and stay connected simply and seamlessly to the people, information, and entertainment. The company excels in this by designing and delivering "must have" products, "must do" experiences, and powerful networks -- along with a full complement of support services.

It has been affirmed in this respect that the attainment of Terayon in conjunction with its software-driven application solutions in its turn augments the video infrastructure and seamless mobility core of the company. It is done its entirety through providing Motorola with industry-recognized video processing solutions while making it possible for digital ad insertion, motion and graphical overlays, channel branding and channel line-up solutions over and above cutting-edge ad insertion delivery technologies. The topmost echelons of the Motorola Inc. are confident and also anticipating at the greatest that these solutions will initiate a new era for the clientele of the Motorola regarding the optimization of the bandwidth and deliver content depending upon the regional and local interest of viewers. It is also expected that at the same time through the increase of the motivation and also the rapidity of the service provider's ability there shall be an innovative origin and extensive exploitation of new-fangled business opportunities.

In this regard the two companies had previously announced the signing of a definitive merger agreement on April 23, 2007 and the transaction was permitted by the stockholders of Terayon on June 28, 2007. Following the completion of the transaction, as has been found the quotation of Terayon common stock on the Pink Sheets will come to an abrupt end. Furthermore, with Terayon becoming a wholly owned subsidiary of Motorola it is being incorporated into the Motorola Home & Network Mobility business and henceforth its operations in Santa Clara, CA. will be administered by the Motorola itself.