ELU Accelerated Return Notes Linked TO The Phlx Semiconductor Index

eLinear, Inc. (AMEX:ELU) announced today that it and its subsidiary, eLinear Solutions Middle East FZ LLC, have recently been awarded a new project to provide turnkey network and IP telephony infrastructure for Redha Al-Ansari Shares and Bonds, a UAE brokerage company. The project will commence immediately, and revenue from this project will be recognized in the second fiscal quarter of 2006. Ramzi Nassar, President of eLinear Solutions Middle East FZ LLC, stated, "This turnkey infrastructure and telephony project for the highly-reputed Redha Al-Ansari Shares and Bonds is a great win for eLinear in the United Arab Emirates. Working with Mr. Ahmed Al-Ansari on his vision and expansion plans will require us to leverage our entire global team and partnership network to deliver a solution consisting of LAN, WAN, Wireless, Security, IP Telephony, and Physical Infrastructure components. We are extremely glad to have the opportunity to work on such a project!" Ahmed Al-Ansari, Chairman of Redha Al-Ansari Shares and Bonds, added, "eLinear Solutions brought forth a highly professional perspective and well-designed solution. Their team gave me the confidence that this complex solution could be delivered successfully and in line with my aggressive time demands." About Redha Al-Ansari Shares and Bonds Co. Redha Al-Ansari Shares and Bonds has recently been established and it was developed out of a need to provide a reliable Brokerage Services to the rapidly growing U.A.E. Local Shares and Bonds Market. It is the most recent member of Al-Ansari Group of Companies. Redha Al-Ansari Exchange Est. was the first member of this reputed group and this was established in 1979 in Dubai. Mr. Redha Al-Ansari and his sons, who are U.A.E. Nationals, wholly manage Al-Ansari Group of Companies. Over four decades of family expertise in financial industries and specifically in Money Exchange business helps them to be the leaders in this business. Redha Al-Ansari Exchange Est. is the first money exchange business, stemming from Al-Ansari Exchange, initially established in 1945 in Dubai by the late Shaikh G H Al-Ansari, the head of the Al-Ansari family and father of Redha Al-Ansari. It has been the trusted exchange center for the locals and the residents of UAE ever since. Redha Al-Ansari Exchange Est. was established in Dubai in 1979 in continuation to the success of Shaikh G H Al-Ansari's first exchange house, and has become a reliable name in the market and one of the leaders in this business within the region, and is presently operated through its 14 branches, which are located in Dubai, Abu Dhabi, Sharjah, and Al Ain in U.A.E. Redha Al-Ansari Exchange has developed operations in the area of Retail of Foreign Currency Services and Money Transfer. For more information, see http://www.redhaalansari.com. About eLinear, Inc. eLinear, Inc. is a communications, security and compliance company providing integrated technology solutions including information and physical security, IP Telephony and network and storage solutions infrastructure. Typically, the company's customers are Fortune 2000 and small to medium sized business organizations. eLinear's services are offered to companies seeking to increase productivity or reduce costs through investing in technology. eLinear has a national and international footprint and has its headquarters in Houston, Texas. For more information, see http://www.elinear.com. Safe Harbor Statement This press release contains statements that may constitute forward-looking statements, including the company's ability to realize the projected revenues from the newly announced project orders and the future strength of the company's business and industry. These statements are based on current expectations and assumptions and involve a number of uncertainties and risks that could cause actual results to differ materially from those currently expected. For additional information about eLinear please visit www.elinear.com or www.sec.gov. eLinear undertakes no obligation to update any forward-looking statement that may be made from time to time by or on behalf of the company, whether as a result of new information, future events or otherwise.