Centillium Communications, Inc.

Laurie Falconer
Centillium Communications, Inc.
(510) 771-3647
[email protected]

CENTILLIUM COMMUNICATIONS NAMED RISING STAR IN THE DELOITTE & TOUCHE TECHNOLOGY FAST 500 PROGRAM

Attributes Innovation and Industry Expertise to its 7,410 Percent

FREMONT, Calif., November 19, 2001 - Centillium Communications, Inc. (Nasdaq: CTLM), innovator of broadband communications technology, has been named a Rising Star on the 2001 Deloitte & Touche Technology Fast 500, a ranking of the 500 fastest growing technology companies in the U.S. and Canada. A special category of 25 Rising Star winners, companies in business less than five years, but more than three years, are ranked based on percentage of growth in revenues for three years (1998 to 2000).

CEO Faraj Aalaei credits Centillium's employees with the company's 7,410 percent revenue growth over the previous three fiscal years. "Centillium's rapid growth was fueled by the innovative technology we offer the market along with consistent delivery on our promises to customers. Receiving the Deloitte and Touche Rising Star Award demonstrates our leadership and commitment to the broadband communications market."

"Making the Deloitte & Touche Technology Fast 500 is a testament to a company's leadership, commitment to technology, and ability to deliver the right solution at the right time. With its 7,410 three-year growth rate, Centillium has proven that its leadership has the vision and determination to succeed, and we at Deloitte & Touche salute their accomplishments," said Mark A. Evans, managing director, Deloitte & Touche Technology & Communications Group.

Centillium Communications' increase in revenues of 7,410 percent over the three-year period of 1998 to 2000 resulted in Centillium being named as a Rising Star in the 2001 Deloitte & Touche Technology Fast 500.

To qualify as a Rising Star in the Deloitte & Touche Technology Fast 500, entrants must have had 1998 revenues of at least $50,000 USD and $75,000 CD for the United States and Canada, respectively. Entrants are public or private companies headquartered in North America and must be a "technology company," defined as a company that develops proprietary technology which contributes to a significant portion of the company's operating revenues, manufactures a technology-related product, or devotes a high percentage of effort to research and development of technology.

About Deloitte & Touche
Deloitte & Touche LLP, one of the nation's leading professional services firms, provides assurance and advisory, tax, and management consulting services through nearly 30,000 people in more than 100 U.S. cities. The firm is dedicated to helping our clients and our people excel. Known as an employer of choice for innovative human resources programs, Deloitte & Touche has been recognized as one of the "100 Best Companies to Work For in America" by Fortune magazine for four consecutive years. Deloitte & Touche is the U.S. national practice of Deloitte Touche Tohmatsu. Deloitte Touche Tohmatsu is a Swiss Verein, and each of its national practices is a separate and independent legal entity. For more information, please visit Deloitte & Touche's web site at www.us.deloitte.com.

About Deloitte & Touche's Technology & Communications Group
The Technology & Communications Group is composed of service professionals who have a wealth of experience serving technology and communications companies throughout the world in areas including Internet, software, semiconductors, cable, media and publishing, communication utilities, networking, wireless, computers and peripherals, and related industries. These specialists understand the challenges that technology and communications companies face throughout all stages of their business growth cycle and are committed to helping them succeed. Deloitte & Touche is a leader in providing strategic, financial, operational, and information technology assistance to its technology and communications clients.

About Centillium Communications
Centillium Communications, Inc. is combining technical innovation and customer commitment to make broadband communications a market reality. Centillium consistently delivers value to its customers by providing broadband networking systems for applications across all market segments. The company designs and markets communications chipset solutions for central office equipment, digital loop carrier (DLC) line cards, and customer premise equipment for Digital Subscriber Line (DSL), Voice over Packet (VoP) and Premise Networking. The Centillium Communications headquarters are located at 47211 Lakeview Blvd., Fremont, CA 94538. Additional information is available at www.centillium.com.

Forward Looking Statements
Except for historical information contained in this press release, the foregoing contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements based on a variety of risks and uncertainties, including the risks and uncertainties relating to actual quantities and timing of any orders received under the contract and the successful development and market acceptance of Centillium's new products. The company assumes no obligation to update these forward-looking statements to reflect events or circumstances after the date hereof. Information about potential factors that could affect Centillium's financial results is included in Centillium's Annual Report on Form 10-K and most recent Quarterly Report on Form 10-Q, available for viewing on the Securities and Exchange Commission's website at www.sec.gov.

Centillium Communications and the Centillium logo are trademarks of Centillium Communications.