TimeSys Secures $6 Million in Funding

       TimeSys Secures $6 Million in Funding; Investment to Fund
  Commercialization of Unique Embedded Linux Customization Solutions

    PITTSBURGH--(BUSINESS WIRE)--June 15, 2005--TimeSys(R)
Corporation, the leading provider of Linux Customization Solutions for
the embedded device market, today announced that it has closed a $6
million round of funding led by Adams Capital Management. Other
participants in the round include The Hillman Company and Philips
Electronics (a division of Royal Philips Electronics (NYSE: PHG, AEX:
PHI).
    TimeSys will use the funds to expand its reach among the rapidly
growing number of developers choosing Linux as their embedded device
development platform. Embedded devices are found in a diverse range of
industries, including telecommunications, consumer electronics,
industrial control/process automation and military/aerospace.
    Recently introduced Linux Customization Solutions from TimeSys
dramatically reduce the time, effort and cost of building an embedded
device using Linux. Linux Customization Solutions are the first
secure, network-based components and automated systems that aid
developers in their efforts to customize Linux to meet the unique
feature, footprint and hardware requirements of their embedded device.
    "TimeSys is enabling device developers to create commercial-grade
custom Linux platforms with a new generation of automated tools and
systems," said Larry Weidman, president and CEO of TimeSys. "Our
investors recognize this market opportunity and have provided funding
that will be used to execute an aggressive, global market development
strategy."

    About TimeSys Corporation

    TimeSys empowers developers to create custom Linux distributions
that meet the unique feature, footprint and hardware requirements of
their embedded devices. TimeSys provides processor-optimized Linux
distributions, development and test tools and Linux customization
solutions delivered through the TimeSys Network. The continuously
updated components, systems and information available through the
secure, hosted TimeSys Network significantly reduce the time and
resources required to produce and maintain commercial grade custom
Linux platforms. For more information, visit www.timesys.com.

    TimeSys and TimeStorm are registered trademarks of TimeSys
Corporation in the United States and other countries. All other
trademarks referred to herein are the property of their respective
owners.

    CONTACT: TimeSys
             Kimberly Booth, 412-325-6370
             Kim.Booth@timesys.com