Transmeta Regains Compliance with Nasdaq

SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug. 23, 2005--Transmeta Corporation (NASDAQ:TMTA - News), the leader in efficient computing technologies, announced that today it received written notification from the Nasdaq Listing Qualifications staff that the Company has regained compliance with Nasdaq Marketplace Rule 4450(a)(5) (the "Minimum Bid Price Rule"). The Nasdaq notification letter stated that the Company regained compliance with the Minimum Bid Price Rule because the closing bid price of the Company's common stock has been greater than $1.00 per share for at least 10 consecutive business days.