Tundra Mails Information Circular for Special Meeting

Apr 16, 2009

Tundra Mails Information Circular for Special Meeting

Ottawa, Ontario and Burlington, Ontario – April 16, 2009 –Tundra Semiconductor Corporation (TSX: TUN) and Gennum Corporation (TSX: GND) today announced that Tundra has mailed to its shareholders a management proxy circular (the "Circular") and other materials, in connection with the special meeting of shareholders of Tundra (the "Special Meeting") to be held on May 8, 2009 at which Tundra shareholders will be asked to vote on a special resolution to approve a proposed plan of arrangement, pursuant to which Gennum will acquire all of the issued and outstanding shares of Tundra (the "Arrangement"). The proposed Arrangement was announced on March 19, 2009.

The Special Meeting will be held at 11:00 a.m. (EST) on Friday May 8, 2009 at The Marshes Golf Club, 320 Terry Fox Drive, Ottawa, Ontario. Tundra shareholders of record as of 5:00 p.m. (EST) on April 8, 2009 will be entitled to vote in person or by proxy at the Special Meeting.

On April 9, 2009, the Ontario Superior Court of Justice granted an interim order providing for the calling and holding of the Special Meeting and certain other matters related to the Special Meeting and the Arrangement. A copy of the interim order is included in the Circular.

The Circular includes the unanimous determination of Tundra's Board of Directors (other than Mr. Fred Shlapak, who is a director of both Tundra and Gennum and did not participate in the decision) that the Arrangement is fair to Tundra shareholders and in the best interests of Tundra and the unanimous recommendation of Tundra's Board of Directors (other than Mr. Shlapak) that Tundra shareholders vote FOR the special resolution approving the Plan of Arrangement.

The Board of Directors of Tundra provides detailed reasons for its recommendation in the Circular, which may be accessed under Tundra's profile at www.sedar.com. The Board of Directors of Tundra encourages Tundra shareholders to review the Circular when it is received or to access the Circular at www.sedar.com or on Tundra's website at www.tundra.com.

Tundra shareholders with questions about the Arrangement or submitting proxies are encouraged to contact Georgeson Shareholder Communications Canada Inc., toll-free, at 1-866-413-8829.

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.