News Releases

Comerica Sponsors Silicon Hills Summit

AUSTIN, Texas/Oct. 7, 2002 -- Comerica (NYSE: CMA), a leading financial services company, announced today that its Technology and Life Sciences Division is sponsoring the third annual Silicon Hills Summit. Co-hosted by Austin Ventures and Shelton, the Oct. 9 semiconductor financial event will feature presentations from 11 local companies and a keynote address by Dr. Edward C. Ross, president of Taiwan Semiconductor Manufacturing Company (TSMC). Comerica is one of four returning sponsors.

"Since we work closely with local technology companies, it is a natural for us to support an exciting event like this, which brings together the region's premier semiconductor companies and the financial community," said Tony Schell, senior vice president and managing director of Comerica's Texas Technology and Life Sciences Division. "The technology sector is alive and well in Texas. We see that throughout the state, meeting with management teams from emerging and mature companies that seek debt financing from a bank with technology expertise."

Summit attendees will include invited media, venture capitalists, semiconductor analysts, bankers, private equity fund managers and other financial experts.

About Comerica's Technology and Life Sciences Division
Comerica's Technology and Life Sciences Division is one of the nation's leading technology banking practices, offering a wide range of financial services tailored to corporate customers, entrepreneurs and professionals. Veteran bankers provide credit and financial services and products to young, growing, professionally backed technology and life sciences companies, as well as their more mature counterparts. From 19 offices located across the U.S., Comerica's Technology and Life Sciences Division serves all major technology centers. Comerica is among the 20 largest banking companies in the nation, with $51 billion in assets.

Media Contacts:
Adrienne Moch
Pacifico (for Comerica's Technology and Life Sciences Division)
(408) 293-8600 ext. 319
amoch@pacifico.com
or
Keith Turner
Comerica Bank-California
(408) 556-5111
keith_turner@comerica.com