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MathStar, Inc. to Present at the Eighth Annual Needham & Company, LLC Growth Conference

    MINNETONKA, Minn., Jan. 5 /PRNewswire-FirstCall/ -- MathStar, Inc.
(Nasdaq: MATH), the FPOA(TM) leader, today announced that Chief Executive
Officer Doug Pihl and Chief Financial Officer James Cruckshank will present at
the Eighth Annual Needham & Company, LLC Growth Conference.  The presentation
will be on Tuesday, January 10th in New York City at 4:30 PM Eastern Standard
Time.  The presentation will include information on the company's patented
Field Programmable Object Array(TM) technology as well as the company's plans
for establishing it as the next generation of programmable logic.  To access a
live audio webcast of the presentation, please visit
http://www.wsw.com/webcast/needham13/math/ .  Listeners are advised to go to
the website at least 10 minutes prior to the presentation to register.
    Company presentations will be archived for public replay for a limited
period of time after the presentation date.  Please note that statements in
the presentation are as of the date of the presentation and MathStar does not
assume any obligation to update the archived presentation.  In addition,
matters discussed in the presentation may include forward-looking statements
and comments about the development of our products and markets, which are
based on our current plans and assumptions.  Actual results in future periods
may differ from current expectations due to any number of risks and
uncertainties, including those described from time to time in reports filed by
MathStar with the U.S. Securities and Exchange Commission, including, but not
limited to MathStar's most recent reports on Form S-1 and 10-Q.

    About MathStar
    MathStar designs, develops and markets a new class of semiconductor
integrated circuit, or chip, it calls field programmable object arrays, or
FPOAs.  MathStar is headquartered in Minnetonka, Minnesota, with a facility in
Hillsboro, Oregon.

    Forward-Looking Statements
    Statements in this press release, other than historical information, may
be "forward-looking" in nature within the meaning of Section 21E the Private
Securities Litigation Reform Act of 1995 and are subject to various risks,
uncertainties and assumptions.  These statements are based on management's
current expectations, estimates and projections about MathStar and its
industry and include, but are not limited to, MathStar's need for and the
availability of future financing, the timing and market acceptance of its
product introductions, the quality of its FPOAs, MathStar's ability to develop
effective design tools, its reliance on third-party contractors, competition,
MathStar's ability to protect its intellectual property, its reliance on
contracts and relationships with the United States government, its reliance on
existing management, the demands of becoming a publicly-held company,
MathStar's ability to address the material weaknesses in its internal controls
on a timely basis, and the other factors disclosed in MathStar's filings with
the U.S. Securities and Exchange Commission.  MathStar undertakes no
obligation to update any forward-looking statements in order to reflect events
or circumstances that may arise after the date of this release.


SOURCE MathStar, Inc.




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Related links:
  • http://www.mathstar.com
    CONTACT:
    Douglas M. Pihl or James W. Cruckshank, both
    of MathStar, Inc., +1-952-746-2200, info@mathstar.com