SUNNYVALE, Calif., May 14, 2002–Atheros Communications, the leading developer of networking technologies for secure, high-performance wireless local area networks, announced today its inclusion in the Red Herring 100 as selected by the editors of Red Herring, the premier magazine of business technology and innovation.

The Red Herring 100 recognizes the top 50 public and the top 50 private companies whose services, business models, products and quality of management define business innovation. It previews the leaders of tomorrow in a number of key technology-related sectors, including software, biotechnology, wireless, communications services, media, hardware, nanotechnology, consumer electronics and energy.

“It’s a real honor that we were selected by Red Herring’s editorial staff to join the prestigious Red Herring 100 group of companies that are driving technology and business innovation,” said Rich Redelfs, president and chief executive officer for Atheros. “This award recognizes the many industry firsts we’ve been able to accomplish such as first company to introduce 802.11a and combo 802.11 a/g/b WLAN solutions and the first to provide AES-level security for wireless networking. We have only scratched the surface in developing innovative and affordable new wireless solutions that will help make wireless communications between all types of devices a reality.”

In its sixth year, the Red Herring 100 has become the most respected list of its kind. Red Herring editors compile the list by using the same combination of subjective insights and hard metrics favored by venture capitalists and investment bankers. These factors predict a company’s ability to disrupt existing markets or create entirely new ones.

The Red Herring 100 is featured in the June 2002 issue of Red Herring magazine and is also available on www.redherring.com. It includes a short profile of Atheros Communications, Inc.