Gennum Elects Steven Bilodeau and Jeffrey McCreary to Board of Directors

New Directors Bring Additional Global Semiconductor Expertise to Gennum

BURLINGTON, Ontario – March 27, 2008 – Adding to the semiconductor expertise of its Board of Directors, Gennum Corporation (TSX: GND) announced the election of Steven Bilodeau and Jeffrey McCreary as directors. Bilodeau, CEO at Standard Microsystems Corporation (SMSC) and a director of Conexant, Inc., and McCreary, a former senior executive from Texas Instruments, bring demonstrated track records in successfully guiding their respective companies through periods of rapid growth and expansion.

The two were elected yesterday at the Annual Meeting of Shareholders and will assume director positions immediately, expanding the company’s board to nine members. In addition, Gennum announced it has elected a new chairman of the board, Robert Weiss, replacing Patrick Thode who stepped down for health reasons. Weiss, a Gennum board member since 2003, will assume the position immediately, and Thode will continue as a board member.

"I would like to thank Pat for his significant contributions over the years as Chairman, and I am grateful to have his continuing assistance as a director of Gennum," said Robert Weiss, Chairman of the Gennum Board of Directors. "As we move forward and execute against an aggressive strategy intended to significantly expand Gennum’s global market share, we require directors with focused expertise in the semiconductor industry. Steve and Jeff have each held leadership positions within large, fast-growing semiconductor companies, and will provide the strategic insights and guidance required to transition Gennum into a high-growth, global player in the semiconductor industry."

About Steven Bilodeau
Under Mr. Bilodeau’s leadership as CEO at SMSC, a publicly-traded, fabless semiconductor supplier, the company has diversified its end markets and significantly expanded its sales and earnings to become a leader in networking and connectivity solutions to a variety of markets including consumer, automotive and industrial.

Bilodeau currently sits on the board of directors for SMSC, where he serves as Chairman of the Board, and for Conexant where he serves as a member of the Audit Committee and the Board Governance & Composition Committee. He holds bachelor’s and master’s degrees in engineering from the Massachusetts Institute of Technology and a master’s degree in business from Harvard University.

About Jeffrey McCreary
As a 24-year veteran at semiconductor leader Texas Instruments, McCreary most recently served as Senior Vice-President and Manager of Worldwide Sales and Marketing. During his tenure, he directed the global sales organization responsible for $12 billion in sales and integrated global sales and resources for three major acquisitions. He held a variety of other executive positions within TI, including General Manager of the Advanced Logic Products and General Manager of Worldwide Military Products. Now an independent consultant, McCreary recently published a business management book, "The I in Team" and is a recognized speaker on sales management, team building and essential general management concepts.

McCreary holds a bachelor’s degree in engineering from the Rose-Hulman Institute of Technology and currently sits on the Board of Directors of the Isola Group and the Board of Trustees of the Rose-Hulman Institute of Technology.

About Gennum
Gennum Corporation (TSX: GND) designs innovative semiconductor solutions and intellectual property (IP) cores for the world’s most advanced consumer connectivity, enterprise, video broadcast and data communications products. Leveraging the company’s proven optical, analog and mixed-signal products and IP, Gennum enables multimedia and data communications products to send and receive information without compromising the signal integrity. An award winner for advances in high definition (HD) broadcasting, Gennum is headquartered in Burlington, Canada, and has global design, research and development and sales offices in Canada, Mexico, Japan, Korea, Germany, United States, Taiwan, India and the United Kingdom. www.Gennum.com.

Gennum Media Contact:
Keri Fraser
Gennum Corporation
613-270-0458 x 2909
keri.fraser@gennum.com

Gennum Investor Relations Contact:
Gord Currie
Senior Vice-President, Finance & Administration and CFO
Gennum Corporation
(905) 632-2999 x3060
gord.currie@gennum.com

Caution Regarding Forward-Looking Information
This news release contains statements which constitute forward-looking statements. These forward-looking statements are not descriptive of historical matters and refer to management’s expectations or plans. These statements include but are not limited to statements concerning: Gennum’s plans and expectations relating to improvements in profitability and cash flow and the achievement of business model targets and levels, the reduction of corporate and operations costs and capital expenditures and marketing, sales and administration expenses; expected operational expense savings and estimated severance and related costs, and the estimated charges relating thereto and to impairments; and Gennum’s business objectives and future financial performance and prospects. Inherent in forward-looking statements are risks and uncertainties beyond Gennum’s ability to predict or control including but not limited to risks associated with: Gennum’s ability to complete the actions referred to in this news release within anticipated timeframes and to successfully realize the expected improvements therefrom; compliance with local employment legislation and requirements and the possible initiation and outcome of legal proceedings; and other risks facing Gennum’s business including competitive and pricing pressures and economic cycles in the semiconductor industry, fluctuations in foreign exchange rates and their potential adverse impact upon Gennum’s financial results, and Gennum’s ability to attract and retain key personnel necessary for its business. Please also refer to the sections entitled “Risks and Uncertainties” in Gennum’s 2008 annual report and “Risk Factors” in Gennum’s annual information form dated February 23, 2009. Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this news release. Such statements are based on a number of assumptions which may prove to be incorrect including but not limited to the following assumptions: Gennum is able to successfully complete the actions referred to herein within the timeframe and with associated expense savings generally as anticipated and without unforeseen significant costs or delays; assumptions relating to severance and related costs and to charges; customer demand for Gennum’s products remains generally as anticipated; Gennum’s is able to execute its product roadmap without delays or disruptions having a material impact on Gennum; Gennum’s expectations relating to competitive pressures, including pricing pressures, are not materially incorrect; significant fluctuations in foreign exchange rates which significantly adversely affect Gennum’s financial results do not arise; and Gennum is able to continue to retain and attract technical and other key employees. Readers are cautioned that the foregoing list of important factors and assumptions is not exhaustive. Forward-looking statements are not guarantees of future performance. Events or circumstances could cause Gennum’s actual results to differ materially from those estimated or projected and expressed in, or implied by, these forward-looking statements. Consequently, readers should not place any undue reliance on these forward-looking statements. Forward-looking statements are provided for the purpose of providing information about management’s current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes. In addition, these forward-looking statements relate to the date on which they are made. Gennum disclaims any intention or obligation to update or revise any forward-looking statements or the foregoing list of factors, whether as a result of new information, future events or otherwise, except to the extent required by law.