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 <p style="font-weight:bold;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><a name="scotch"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">As filed with the Securities and Exchange Commission on June&nbsp;17, 2005</font></b></a></p> <div style="border:none;border-bottom:double windowtext 6.0pt;padding:0pt 0pt 0pt 0pt;"> <p style="border:none;font-weight:bold;margin:0pt 0pt 12.0pt;padding:0pt;page-break-after:avoid;text-align:right;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Registration No.&nbsp;333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</font></b></p> </div>

<p style="font-weight:bold;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:16.5pt;">SECURITIES AND EXCHANGE
COMMISSION</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt .5pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.5pt;">Washington,
D.C. 20549</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt .5pt;page-break-after:avoid;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:16.5pt;">FORM&nbsp;S-8</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt .5pt;page-break-after:avoid;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.5pt;">REGISTRATION
STATEMENT<br>
Under The Securities Act of 1933</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:16.5pt;">PIXELWORKS, INC.</font></b></p>

<p style="margin:0pt 0pt .5pt;page-break-after:avoid;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">(Exact name of registrant
as specified in charter)</font></p>

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 <tr>
  <td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.0%;">
  <p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" style="font-size:8.5pt;font-weight:bold;">Oregon</font></b></p>
  </td>
  <td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.0%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.5pt;font-weight:bold;">91-1761992</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.0%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">(State or other
  jurisdiction of<br>
  incorporation or organization)</font></p>
  </td>
  <td width="50%" valign="top" style="padding:0pt 0pt 0pt 0pt;width:50.0%;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">(IRS Employer<br>
  Identification Number)</font></p>
  </td>
 </tr>
</table>

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<p style="line-height:normal;margin:0pt 0pt 1.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt;page-break-after:auto;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.5pt;">8100 SW Nyberg Road<br>
Tualatin, Oregon 97062<br>
(503) 454-1750</font></b></p>

<p style="margin:0pt 0pt .5pt;page-break-after:auto;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">(Address, including zip code, and telephone number,
including area code, of registrant&#146;s principal executive offices)</font></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt;page-break-after:auto;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.5pt;">Equator Technologies,&nbsp;Inc. 1996 Stock Option Plan,
as amended<br>
Christopher H. Basoglu Stand-Alone Stock Option Agreement<br>
Christopher H. Basoglu Stand-Alone Stock Option Agreement<br>
Christopher H. Basoglu Stand-Alone Stock Option Agreement<br>
Richard E. Christopher Stand-Alone Stock Option Agreement<br>&#160;Richard E. Christopher Stand-Alone Stock
Option Agreement<br>
Richard E. Christopher Stand-Alone Stock Option Agreement<br>
Richard E. Christopher Stand-Alone Stock Option Agreement<br>
Michael Myhre Stand-Alone Stock Option Agreement<br>
Ted Niday Stand-Alone Stock Option Agreement<br>
Ted Niday Stand-Alone Stock Option Agreement<br>&#160;Ted Niday Stand-Alone Stock Option
Agreement<br>
John O&#146;Donnell Stand-Alone Stock Option Agreement<br>
John O&#146;Donnell Stand-Alone Stock Option Agreement<br>
John O&#146;Donnell Stand-Alone Stock Option Agreement<br>
John O&#146;Donnell Stand-Alone Stock Option Agreement</font></b></p>

<p style="margin:0pt 0pt .5pt;page-break-after:auto;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">(Full title of the Plan)</font></p>

<p style="font-weight:bold;margin:0pt 0pt .0001pt;page-break-after:auto;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.5pt;">Allen H. Alley<br>
President and Chief Executive Officer<br>
Pixelworks,&nbsp;Inc.<br>
8100 SW Nyberg Road<br>
Tualatin, Oregon 97062<br>
(503)&nbsp;454-1750</font></b></p>

<p style="margin:0pt 0pt .5pt;page-break-after:auto;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">(Name, address, including zip code, and telephone
number, including area code, of agent for service)</font></p>

<p style="margin:0pt 0pt .5pt;page-break-after:auto;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">With copies to:</font></p>

<p style="font-weight:bold;margin:0pt 0pt .5pt;page-break-after:auto;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.5pt;">Alice Cuprill-Comas,&nbsp;Esq.<br>
Ater Wynne LLP<br>
222 S.W. Columbia, Suite&nbsp;1800<br>
Portland, Oregon 97201<br>
(503) 226-1191</font></b></p>

<p style="font-weight:bold;margin:0pt 0pt .5pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.5pt;">CALCULATION
OF REGISTRATION FEE</font></b></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;margin-left:.25pt;">
 <tr>
  <td width="81" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:60.95pt;">
  <p align="left" style="font-size:8.0pt;font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;text-align:left;"></p>
  </td>
  <td width="7" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:4.9pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="147" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:110.1pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="15" colspan="2" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:11.45pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="94" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:70.6pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="15" colspan="2" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:11.45pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="57" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:42.85pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="15" colspan="2" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:11.45pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="87" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:65.0pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="15" colspan="2" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:11.0pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="81" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:60.8pt;">
  <p style="font-weight:bold;line-height:1.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">&nbsp;</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="235" colspan="3" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:175.95pt;">
  <p align="left" style="font-size:8.0pt;font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;text-align:left;">Title&nbsp;of Securities to&nbsp;Be&nbsp;Registered</p>
  </td>
  <td width="8" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0pt 0pt 0pt 0pt;width:5.7pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="8" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:5.75pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="94" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:70.6pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Amount&nbsp;to&nbsp;Be<br>
  Registered(1)</font></b></p>
  </td>
  <td width="8" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0pt 0pt 0pt 0pt;width:5.7pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="8" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:5.75pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="57" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:42.85pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Proposed<br>
  Maximum<br>
  Offering<br>
  Price&nbsp;Per<br>
  Share(2)</font></b></p>
  </td>
  <td width="8" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0pt 0pt 0pt 0pt;width:5.7pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="8" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:5.75pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="87" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:65.0pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Proposed<br>
  Maximum<br>
  Aggregate<br>
  Offering&nbsp;Price(2)</font></b></p>
  </td>
  <td width="7" valign="bottom" style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0pt 0pt 0pt 0pt;width:5.5pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="7" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:5.5pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="81" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt 0pt 0pt 0pt;width:60.8pt;">
  <p style="font-weight:bold;line-height:normal;margin:0pt 0pt .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Amount&nbsp;of<br>
  Registration&nbsp;Fee</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="235" colspan="3" valign="top" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:175.95pt;">
  <p style="line-height:9.5pt;margin:0pt 0pt .0001pt 8.5pt;text-indent:-8.5pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">Common Stock,
  $0.001 par value per&nbsp;share</font></p>
  </td>
  <td width="8" valign="bottom" style="border-bottom:double windowtext 2.25pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0pt 0pt 0pt 0pt;width:5.7pt;">
  <p style="line-height:9.5pt;margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:5.75pt;">
  <p style="line-height:9.5pt;margin:0pt 0pt .0001pt;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="94" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:70.6pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">1,264,213&nbsp;shares</font></p>
  </td>
  <td width="8" valign="bottom" style="border-bottom:double windowtext 2.25pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0pt 0pt 0pt 0pt;width:5.7pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:5.75pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="57" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:42.85pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">$8.75</font></p>
  </td>
  <td width="8" valign="bottom" style="border-bottom:double windowtext 2.25pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0pt 0pt 0pt 0pt;width:5.7pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="8" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:5.75pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="87" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:65.0pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">$11,061,864</font></p>
  </td>
  <td width="7" valign="bottom" style="border-bottom:double windowtext 2.25pt;border-left:none;border-right:solid windowtext 1.0pt;border-top:none;padding:0pt 0pt 0pt 0pt;width:5.5pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:5.5pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="81" valign="bottom" style="border:none;border-bottom:double windowtext 2.25pt;padding:0pt 0pt 0pt 0pt;width:60.8pt;">
  <p align="center" style="line-height:9.5pt;margin:0pt 0pt .0001pt;text-align:center;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">$1,302.00</font></p>
  </td>
 </tr>

</table>

<p style="margin:0pt 0pt .5pt 20.0pt;text-indent:-20.0pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">(1)</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="1" style="font-size:8.5pt;">This Registration Statement shall also
cover any additional shares of Common Stock which may become issuable under the
plans being registered pursuant to this Registration Statement by reason of any
stock dividend, stock split, recapitalization or any other similar transaction
effected without receipt of consideration which results in an increase in the
number of the Registrant&#146;s outstanding shares of Common Stock.</font></p>

<p style="margin:0pt 0pt .5pt 20.0pt;text-indent:-20.0pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">(2)</font><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="1" style="font-size:8.5pt;">Estimated solely for the purpose of
calculating the registration fee. Pursuant to Rule&nbsp;457(c)&nbsp;under the
Securities Act of 1933, as amended, based on the average of the high and low
sales prices of the Registrant&#146;s Common Stock as reported on the Nasdaq
National Market System on June&nbsp;13, 2005.</font></p>

<p style="margin:0pt 0pt .0001pt;text-indent:20.0pt;"><font size="1" face="Times New Roman" style="font-size:8.5pt;">This
Registration Statement shall become effective upon filing in accordance with Rule&nbsp;462(a)&nbsp;under
the Securities Act of 1933, as amended (the &#147;Securities Act&#148;).</font></p>


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<p style="font-weight:bold;margin:0pt 0pt 6.0pt;page-break-after:avoid;text-align:center;"><a name="PartiInformationRequiredToBeInThe_104912"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">PART&nbsp;I<br>
INFORMATION REQUIRED TO BE IN THE SECTION&nbsp;10(a)&nbsp;PROSPECTUS</font></b></a></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 6.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item1_PlanInformation_063949"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 1.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Plan
Information</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The documents containing
the information specified in Part&nbsp;I, Item 1 of Form&nbsp;S-8 have been or
will be sent or given to employees as specified by Rule&nbsp;428(b)&nbsp;under
the Securities Act.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 6.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item2_RegistrantInformationAndEmp_063955"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 2.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Registrant
Information and Employee Plan Annual Information</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The documents containing
the information specified in Part&nbsp;I, Item 2 of Form&nbsp;S-8 have been or
will be sent or given to employees as specified by Rule&nbsp;428(b)&nbsp;under
the Securities Act.</font></p>

<p style="font-weight:bold;margin:0pt 0pt 6.0pt;page-break-after:avoid;text-align:center;"><a name="PartiiInformationRequiredInTheReg_104918"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">PART&nbsp;II<br>
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</font></b></a></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 6.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item3_IncorporationOfDocumentsByR_063913"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 3.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Incorporation
of Documents by Reference</p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Securities and Exchange Commission (the &#147;Commission&#148;)
requires the Registrant to &#147;incorporate by reference&#148; certain of its publicly filed
documents into this prospectus, which means that information included in those
documents is considered part of this prospectus. Information that Registrant
files with the Commission after the effective date of this prospectus will
automatically update and supersede this information. We incorporate by
reference the documents listed below and any future filings made with the
Commission under Section&nbsp;13(a), 13(c), 14 or 15(d)&nbsp;of the Securities
Exchange Act of 1934, as amended, (the &#147;Exchange Act&#148;), until we terminate the
effectiveness of this Registration Statement.</font></p>

<p style="margin:0pt 0pt 6.0pt;page-break-after:avoid;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The following
documents filed with the Commission are hereby incorporated by reference:</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Registrant&#146;s Annual Report on Form&nbsp;10-K for the
fiscal year ended December&nbsp;31, 2004, as filed on March&nbsp;15, 2005 (File
No.&nbsp;000-30269), which contains audited financial statements for its latest
fiscal year for which such statements have been filed.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)(1)&#160;&#160;&#160;&#160;&#160; Registrant&#146;s Quarterly Report on Form&nbsp;10-Q
for the fiscal Quarter ended March&nbsp;31, 2005, as filed on May&nbsp;9, 2005
(File No.&nbsp;000-30269).</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)(2)&#160;&#160;&#160;&#160;&#160; Registrant&#146;s Current Reports on Form&nbsp;8-K
as filed on April&nbsp;28, 2005, May&nbsp;3, 2005, May&nbsp;13, 2005 and June&nbsp;14,
2005.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; The description of Registrant&#146;s Common Stock contained in
its Registration Statement on Form&nbsp;8-A filed with the SEC on April&nbsp;10,
2000.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; All documents filed by Registrant with the Commission
pursuant to Sections 13(a), 13(c), 14 and 15(d)&nbsp;of the Exchange Act after
the date of this Registration Statement and before the date of filing of a
post-effective amendment to this Registration Statement stating that all
securities offered have been sold or deregistering all securities that remain
unsold.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Registrant will furnish
without charge, on written or oral request, a copy of any or all of the
documents incorporated by reference, other than exhibits to those documents. You
should direct any requests for documents to Investor Relations,<b><font style="font-weight:bold;"> </font></b>Pixelworks,&nbsp;Inc.,
8100 SW Nyberg Road, Tualatin, Oregon&nbsp;97062.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 6.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item4_DescriptionOfSecurities_064147"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 4.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Description
of Securities</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not applicable.</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">2</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 6.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item5_InterestsOfNamedExpertsAndC_064153"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 5.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Interests
of Named Experts and Counsel</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not applicable.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 6.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item6_IndemnificationOfDirectorsA_064158"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 6.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Indemnification
of Directors and Officers</p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">As an Oregon corporation the Registrant is subject to
the Oregon Business Corporation Act (the &#147;OBCA&#148;) and the exculpation from
liability and indemnification provisions contained therein. Pursuant to Section&nbsp;60.047(2)&nbsp;of
the OBCA, Article&nbsp;V of the Registrant&#146;s Sixth Restated and Amended
Articles of Incorporation (the &#147;Restated Articles&#148;) eliminates the liability of
the Registrant&#146;s directors to the Registrant or its shareholders, except for
any liability related to breach of the duty of loyalty, actions not in good
faith and certain other liabilities.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section&nbsp;60.387 et seq. of the OBCA allows
corporations to indemnify their directors and officers against liability where
the director or officer has acted in good faith and with a reasonable belief
that actions taken were in the best interests of the corporation or at least
not adverse to the corporation&#146;s best interests and, if in a criminal
proceeding, the individual had no reasonable cause to believe the conduct in
question was unlawful. Under the OBCA, corporations may not indemnify against
liability in connection with a claim by or in the right of the corporation but
may indemnify against the reasonable expenses associated with such claims.
Corporations may not indemnify against breaches of the duty of loyalty. The
OBCA mandates indemnifications against all reasonable expenses incurred in the
successful defense of any claim made or threatened whether or not such claim
was by or in the right of the corporation. Finally, a court may order
indemnification if it determines that the director or officer is fairly and
reasonably entitled to indemnification in view of all the relevant
circumstances, whether or not the director or officer met the good faith and
reasonable belief standards of conduct set forth in the statute.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The OBCA also provides that the statutory
indemnification provisions are not deemed exclusive of any other rights to
which directors or officers may be entitled under a corporation&#146;s articles of
incorporation or bylaws, any agreement, general or specific action of the board
of directors, vote of shareholders or otherwise.</font></p>

<p style="margin:0pt 0pt 12.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The Registrant has entered
into indemnity agreements with each of its executive officers and directors.
Each agreement provides for indemnification of the indemnitee to the fullest
extent by law.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 6.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item7_ExemptionFromRegistrationCl_065227"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 7.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Exemption
From Registration Claimed</p>

<p style="margin:0pt 0pt 12.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Not applicable.</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 12.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item8_Exhibits_065229"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 8.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Exhibits</p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;">

  <tr>
   <td width="42" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:31.2pt;">
   <p align="left" style="font-size:8.0pt;font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:left;">Exhibit<br>
   Number</p>
   </td>
   <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
   <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
   </td>
   <td width="547" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:409.9pt;">
   <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Exhibit</font></b></p>
   </td>
  </tr>

 <tr>
  <td width="42" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.1</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Opinion of Ater Wynne LLP as to the legality of the
  securities being registered</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23.1</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consent of Ater Wynne
  LLP (included in legal opinion filed as Exhibit&nbsp;5.1)</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23.2</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consent of KPMG LLP</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">24.1</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Powers of Attorney
  (included in signature page&nbsp;of the Registration Statement)</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Equator
  Technologies,&nbsp;Inc. 1996 Stock Option Plan, as amended</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.2</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;18, 2002, between Equator Technologies,&nbsp;Inc. and
  Christopher H. Basoglu</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.3</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;8, 2003, between Equator Technologies,&nbsp;Inc. and
  Christopher H. Basoglu</font></p>
  </td>
 </tr>
</table>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">3</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;font-family:Times New Roman;">
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;page-break-after:avoid;">99.4</p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:0pt 0pt .0001pt;page-break-after:avoid;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and
  Christopher H. Basoglu</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.5</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;18, 2002, between Equator Technologies,&nbsp;Inc. and
  Richard E. Christopher</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.6</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;8, 2003, between Equator Technologies,&nbsp;Inc. and Richard&nbsp;E.
  Christopher</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.7</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and
  Richard E. Christopher</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.8</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated September&nbsp;15, 2004, between Equator Technologies,&nbsp;Inc. and
  Richard E. Christopher</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.9</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and
  Michael Myhre</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.10</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated July&nbsp;18, 2002, between Equator Technologies,&nbsp;Inc. and Tedford&nbsp;Niday</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.11</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;8, 2003, between Equator Technologies,&nbsp;Inc. and Tedford&nbsp;Niday</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.12</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and Tedford
  Niday</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.13</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated March&nbsp;29, 2001, between Equator Technologies,&nbsp;Inc. and John&nbsp;O&#146;Donnell</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.14</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated July&nbsp;18, 2002, between Equator Technologies,&nbsp;Inc. and John&nbsp;O&#146;Donnell</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.15</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;8, 2003, between Equator Technologies,&nbsp;Inc. and John&nbsp;O&#146;Donnell</font></p>
  </td>
 </tr>
 <tr>
  <td width="42" valign="top" style="padding:0pt .7pt 0pt 0pt;width:31.2pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.16</font></p>
  </td>
  <td width="21" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:15.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="547" valign="top" style="padding:0pt .7pt 0pt 0pt;width:409.9pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and
  John O&#146;Donnell</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 11.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p style="font-family:Times New Roman;font-size:10.0pt;font-weight:bold;margin:0pt 0pt 6.0pt 47.0pt;page-break-after:avoid;text-indent:-47.0pt;"><a name="Item9_Undertakings_064833"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">Item 9.</font></b></a><font size="1" face="Times New Roman" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Undertakings</p>

<p style="margin:0pt 0pt 6.0pt;page-break-after:avoid;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The undersigned
Registrant hereby undertakes:</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(1)&#160;&#160; To file,
during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:</font></p>

<p style="margin:0pt 0pt 6.0pt 20.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)&#160;&#160;&#160; to include
any prospectus required by Section&nbsp;10(a)(3)&nbsp;of the Securities Act of
1933;</font></p>

<p style="margin:0pt 0pt 6.0pt 20.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)&#160;&#160; to reflect
in the prospectus any facts or events arising after the effective date of this
Registration Statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the
information set forth in this Registration Statement. Notwithstanding the
foregoing, any increase or decrease in volume of securities offered (if the
total dollar value of securities offered would not exceed that which was
registered) and any deviation from the low or high end of the estimated maximum
offering range may be reflected in the form of prospectus filed with the
Commission pursuant to Rule&nbsp;424(b)&nbsp;if, in the aggregate, the changes
in volume and price represent no more than a 20 percent change in the maximum
aggregate offering price set forth in the &#147;Calculation of Registration Fee&#148;
table in the effective registration statement;</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">4</font></p> <br><hr size="3" width="100%" noshade color="#010101" align="center">

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<p style="margin:0pt 0pt 6.0pt 20.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)&#160; to include
any material information with respect to the plan of distribution not
previously disclosed in this Registration Statement or any material change to
such information in this Registration Statement.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(2)&#160;&#160; That, for
the purpose of determining liability under the Securities Act of 1933, each
such post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering
thereof.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(3)&#160;&#160; To remove
from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(4)&#160;&#160; That, for
purposes of determining any liability under the Securities Act of 1933, each
filing of the Registrant&#146;s annual report pursuant to Section&nbsp;13(a)&nbsp;or
Section&nbsp;15(d)&nbsp;of the Securities Exchange Act (and, where applicable,
each filing of an employee benefit plan&#146;s annual report pursuant to Section&nbsp;15(d)&nbsp;of
the Exchange Act) that is incorporated by reference in this Registration
Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(5)&#160;&#160; Insofar as
indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the Registrant
pursuant to the foregoing provisions, or otherwise, the Registrant has been
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by
such a director, officer or controlling person in connection with securities
being registered, the Registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Act and will be governed by the final
adjudication of such issue.</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">5</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">

<div style="font-family:Times New Roman;">


<p style="font-weight:bold;margin:0pt 0pt 6.0pt;page-break-after:avoid;text-align:center;"><a name="Signatures_072501"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">SIGNATURES</font></b></a></p>

<p style="margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant
to the requirements of the Securities Act of 1933, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form&nbsp;S-8 and has duly caused this registration statement to
be signed on its behalf by the undersigned, thereunto authorized, in the City
of Tualatin, State of Oregon, on June 17, 2005.</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;">
 <tr>
  <td width="304" valign="top" style="padding:0pt .7pt 0pt 0pt;width:228.35pt;">
  <p style="font-size:10.0pt;margin:0pt 0pt .0001pt;"></p>
  </td>
  <td width="304" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:228.35pt;">
  <p style="margin:0pt 0pt .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">PIXELWORKS,
  INC.</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="304" valign="top" style="padding:0pt .7pt 0pt 0pt;width:228.35pt;">
  <p style="margin:24.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="19" valign="top" style="padding:0pt .7pt 0pt 0pt;width:14.05pt;">
  <p style="margin:24.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By</font></p>
  </td>
  <td width="286" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:214.3pt;">
  <p style="margin:24.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;ALLEN H. ALLEY</font></p>
  </td>
 </tr>
 <tr>
  <td width="304" valign="top" style="padding:0pt .7pt 0pt 0pt;width:228.35pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="304" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:228.35pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Allen H. Alley</font></p>
  </td>
 </tr>
 <tr>
  <td width="304" valign="top" style="padding:0pt .7pt 0pt 0pt;width:228.35pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="304" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:228.35pt;">
  <p style="margin:0pt 0pt .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">President and Chief Executive Officer</font></i></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 11.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

<p style="font-weight:bold;margin:0pt 0pt 6.0pt;page-break-after:avoid;text-align:center;"><a name="PowerOfAttorney_072829"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">POWER OF ATTORNEY</font></b></a></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below constitutes and appoints Allen H. Alley and Jeffrey B.
Bouchard, and each of them singly, as true and lawful attorneys-in-fact and
agents with full power of substitution and resubstitution, for him and in his
name, place and stead, in any and all capacities to sign the registration
statement filed herewith and any or all amendments to said registration
statement (including post-effective amendments), and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission granting unto said attorneys-in-fact and
agents and each of them, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
foregoing, as fully to all intents and purposes as he or she might or could do
in person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or any of them, or their or his substitute or substitutes, may lawfully
do or cause to be done by virtue hereof.</font></p>

<p style="margin:0pt 0pt 6.0pt;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Witness our hands on the date set forth below.</font></p>

<p style="margin:0pt 0pt 12.0pt;page-break-after:avoid;text-indent:20.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant
to the requirements of the Securities Act of 1933, as amended, this
registration statement has been signed by the following persons in the
capacities indicated as of June&nbsp;17, 2005.</font></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;">
 <tr>
  <td width="188" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="font-size:10.0pt;margin:0pt 0pt .0001pt;text-align:center;">/s/&nbsp;ALLEN H. ALLEY</p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt 0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt 0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Chairman, President and Chief Executive Officer</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Allen H. Alley</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:12.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;JEFFREY B. BOUCHARD</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Vice President, Finance
  and Chief Financial Officer</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Jeffrey B. Bouchard</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:12.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;MARK CHRISTENSEN</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mark Christensen</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:12.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;FRANK GILL</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Frank Gill</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:12.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;C.
  SCOTT GIBSON</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">C. Scott Gibson</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:12.0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/&nbsp;BRUCE WALICEK</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:12.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Director</font></p>
  </td>
 </tr>
 <tr>
  <td width="188" valign="top" style="border:none;padding:0pt .7pt 0pt 0pt;width:141.0pt;">
  <p align="center" style="margin:0pt 0pt .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Bruce Walicek</font></p>
  </td>
  <td width="16" valign="top" style="padding:0pt .7pt 0pt 0pt;width:12.0pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="388" valign="top" style="padding:0pt .7pt 0pt 0pt;width:290.7pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 11.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>


 <p style="font-size:10.0pt;margin:24.0pt 0pt .0001pt;text-align:center;"><font face="Times New Roman">6</font></p>
</div><br><hr size="3" width="100%" noshade color="#010101" align="center">

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<br clear="all" style="page-break-before:always;">

<div style="font-family:Times New Roman;">

<p style="font-weight:bold;margin:0pt 0pt 12.0pt;page-break-after:avoid;text-align:center;"><a name="IndexToExhibits_075444"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">INDEX TO EXHIBITS</font></b></a></p>

<table border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;">
 <tr>
  <td width="40" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:29.85pt;">
  <p align="left" style="font-size:8.0pt;font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:left;">Exhibit<br>
  Number</p>
  </td>
  <td width="11" colspan="2" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:8.55pt;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="2" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:1.7pt;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></b></p>
  </td>
  <td width="567" colspan="2" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0pt .7pt 0pt 0pt;width:425.5pt;">
  <p style="font-weight:bold;line-height:8.0pt;margin:0pt 0pt .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;">Exhibit</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.1</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Opinion of Ater Wynne LLP as to the legality of the
  securities being registered</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23.1</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consent of Ater Wynne
  LLP (included in legal opinion filed as Exhibit&nbsp;5.1)</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">23.2</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Consent of KPMG LLP</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">24.1</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Powers of Attorney
  (included in signature page&nbsp;of the Registration Statement)</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Equator
  Technologies,&nbsp;Inc. 1996 Stock Option Plan, as amended</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.2</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;18, 2002, between Equator Technologies,&nbsp;Inc. and Christopher
  H. Basoglu</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.3</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;8, 2003, between Equator Technologies,&nbsp;Inc. and
  Christopher H. Basoglu</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.4</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and
  Christopher H. Basoglu</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.5</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;18, 2002, between Equator Technologies,&nbsp;Inc. and
  Richard&nbsp;E. Christopher</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.6</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;8, 2003, between Equator Technologies,&nbsp;Inc. and Richard&nbsp;E.&nbsp;Christopher</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.7</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement, dated
  November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and Richard
  E. Christopher</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.8</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated September&nbsp;15, 2004, between Equator Technologies,&nbsp;Inc. and
  Richard E. Christopher</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.9</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and
  Michael Myhre</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.10</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated July&nbsp;18, 2002, between Equator Technologies,&nbsp;Inc. and Tedford&nbsp;Niday</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.11</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;8, 2003, between Equator Technologies,&nbsp;Inc. and Tedford&nbsp;Niday</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.12</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and Tedford&nbsp;Niday</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.13</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated March&nbsp;29, 2001, between Equator Technologies,&nbsp;Inc. and John&nbsp;O&#146;Donnell</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.14</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated July&nbsp;18, 2002, between Equator Technologies,&nbsp;Inc. and John&nbsp;O&#146;Donnell</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.15</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated April&nbsp;8, 2003, between Equator Technologies,&nbsp;Inc. and John&nbsp;O&#146;Donnell</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr>
  <td width="41" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:30.6pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.16</font></p>
  </td>
  <td width="10" valign="bottom" style="padding:0pt .7pt 0pt 0pt;width:7.8pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="565" colspan="2" valign="top" style="padding:0pt .7pt 0pt 0pt;width:423.65pt;">
  <p style="margin:4.0pt 0pt .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Stock Option Agreement,
  dated November&nbsp;11, 2003, between Equator Technologies,&nbsp;Inc. and
  John&nbsp;O&#146;Donnell</font></p>
  </td>
  <td width="5" style="border:none;font-size:1.0pt;padding:0pt 0pt 0pt 0pt;"><p style="margin:0pt 0pt .0001pt;">&nbsp;</p></td>
 </tr>
 <tr height="0">
  <td width="40" style="border:none;"></td>
  <td width="1" style="border:none;"></td>
  <td width="10" style="border:none;"></td>
  <td width="2" style="border:none;"></td>
  <td width="563" style="border:none;"></td>
  <td width="5" style="border:none;"></td>
 </tr>
</table>

<p style="line-height:1.0pt;margin:0pt 0pt 11.0pt;"><font size="1" face="Times New Roman">&nbsp;</font></p>

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{"company-data": {"conformed-name": "PIXELWORKS INC", "cik": "0001040161", "assigned-sic": "3674", "irs-number": "911761992", "state-of-incorporation": "OR", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-125945", "film-number": "05903902"}, "business-address": {"street1": "7700 SW MOHAWK", "city": "TUALATIN", "state": "OR", "zip": "97062"}, "mail-address": {"street1": "7700 SW MOHAWK", "city": "TUALATIN", "state": "OR", "zip": "97062"}}
As filed with the Securities and Exchange Commission on June 17, 2005
Registration No. 333-
SECURITIES AND EXCHANGE
COMMISSION
Washington,
D.C. 20549
FORM S-8
REGISTRATION
STATEMENT
Under The Securities Act of 1933
PIXELWORKS, INC.
(Exact name of registrant
as specified in charter)
Oregon
91-1761992
(State or other
  jurisdiction of
incorporation or organization)
(IRS Employer
Identification Number)
8100 SW Nyberg Road
Tualatin, Oregon 97062
(503) 454-1750
(Address, including zip code, and telephone number,
including area code, of registrant's principal executive offices)
Equator Technologies, Inc. 1996 Stock Option Plan,
as amended
Christopher H. Basoglu Stand-Alone Stock Option Agreement
Christopher H. Basoglu Stand-Alone Stock Option Agreement
Christopher H. Basoglu Stand-Alone Stock Option Agreement
Richard E. Christopher Stand-Alone Stock Option Agreement
Richard E. Christopher Stand-Alone Stock
Option Agreement
Richard E. Christopher Stand-Alone Stock Option Agreement
Richard E. Christopher Stand-Alone Stock Option Agreement
Michael Myhre Stand-Alone Stock Option Agreement
Ted Niday Stand-Alone Stock Option Agreement
Ted Niday Stand-Alone Stock Option Agreement
Ted Niday Stand-Alone Stock Option
Agreement
John O'Donnell Stand-Alone Stock Option Agreement
John O'Donnell Stand-Alone Stock Option Agreement
John O'Donnell Stand-Alone Stock Option Agreement
John O'Donnell Stand-Alone Stock Option Agreement
(Full title of the Plan)
Allen H. Alley
President and Chief Executive Officer
Pixelworks, Inc.
8100 SW Nyberg Road
Tualatin, Oregon 97062
(503) 454-1750
(Name, address, including zip code, and telephone
number, including area code, of agent for service)
With copies to:
Alice Cuprill-Comas, Esq.
Ater Wynne LLP
222 S.W. Columbia, Suite 1800
Portland, Oregon 97201
(503) 226-1191
CALCULATION
OF REGISTRATION FEE
Title of Securities to Be Registered
Amount to Be
Registered(1)
Proposed
Maximum
Offering
Price Per
Share(2)
Proposed
Maximum
Aggregate
Offering Price(2)
Amount of
Registration Fee
Common Stock,
  $0.001 par value per share
1,264,213 shares
$8.75
$11,061,864
$1,302.00
(1)
This Registration Statement shall also
cover any additional shares of Common Stock which may become issuable under the
plans being registered pursuant to this Registration Statement by reason of any
stock dividend, stock split, recapitalization or any other similar transaction
effected without receipt of consideration which results in an increase in the
number of the Registrant's outstanding shares of Common Stock.
(2)
Estimated solely for the purpose of
calculating the registration fee. Pursuant to Rule 457(c) under the
Securities Act of 1933, as amended, based on the average of the high and low
sales prices of the Registrant's Common Stock as reported on the Nasdaq
National Market System on June 13, 2005.
This
Registration Statement shall become effective upon filing in accordance with Rule 462(a) under
the Securities Act of 1933, as amended (the "Securities Act").
PART I
INFORMATION REQUIRED TO BE IN THE SECTION 10(a) PROSPECTUS
Item 1.
Plan
Information
The documents containing
the information specified in Part I, Item 1 of Form S-8 have been or
will be sent or given to employees as specified by Rule 428(b) under
the Securities Act.
Item 2.
Registrant
Information and Employee Plan Annual Information
The documents containing
the information specified in Part I, Item 2 of Form S-8 have been or
will be sent or given to employees as specified by Rule 428(b) under
the Securities Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation
of Documents by Reference
The Securities and Exchange Commission (the "Commission")
requires the Registrant to "incorporate by reference" certain of its publicly filed
documents into this prospectus, which means that information included in those
documents is considered part of this prospectus. Information that Registrant
files with the Commission after the effective date of this prospectus will
automatically update and supersede this information. We incorporate by
reference the documents listed below and any future filings made with the
Commission under Section 13(a), 13(c), 14 or 15(d) of the Securities
Exchange Act of 1934, as amended, (the "Exchange Act"), until we terminate the
effectiveness of this Registration Statement.
The following
documents filed with the Commission are hereby incorporated by reference:
(a)            Registrant's Annual Report on Form 10-K for the
fiscal year ended December 31, 2004, as filed on March 15, 2005 (File
No. 000-30269), which contains audited financial statements for its latest
fiscal year for which such statements have been filed.
(b)(1)      Registrant's Quarterly Report on Form 10-Q
for the fiscal Quarter ended March 31, 2005, as filed on May 9, 2005
(File No. 000-30269).
(b)(2)      Registrant's Current Reports on Form 8-K
as filed on April 28, 2005, May 3, 2005, May 13, 2005 and June 14,
2005.
(c)            The description of Registrant's Common Stock contained in
its Registration Statement on Form 8-A filed with the SEC on April 10,
2000.
(d)            All documents filed by Registrant with the Commission
pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act after
the date of this Registration Statement and before the date of filing of a
post-effective amendment to this Registration Statement stating that all
securities offered have been sold or deregistering all securities that remain
unsold.
Registrant will furnish
without charge, on written or oral request, a copy of any or all of the
documents incorporated by reference, other than exhibits to those documents. You
should direct any requests for documents to Investor Relations,
Pixelworks, Inc.,
8100 SW Nyberg Road, Tualatin, Oregon 97062.
Item 4.
Description
of Securities
Not applicable.
2
Item 5.
Interests
of Named Experts and Counsel
Not applicable.
Item 6.
Indemnification
of Directors and Officers
As an Oregon corporation the Registrant is subject to
the Oregon Business Corporation Act (the "OBCA") and the exculpation from
liability and indemnification provisions contained therein. Pursuant to Section 60.047(2) of
the OBCA, Article V of the Registrant's Sixth Restated and Amended
Articles of Incorporation (the "Restated Articles") eliminates the liability of
the Registrant's directors to the Registrant or its shareholders, except for
any liability related to breach of the duty of loyalty, actions not in good
faith and certain other liabilities.
Section 60.387 et seq. of the OBCA allows
corporations to indemnify their directors and officers against liability where
the director or officer has acted in good faith and with a reasonable belief
that actions taken were in the best interests of the corporation or at least
not adverse to the corporation's best interests and, if in a criminal
proceeding, the individual had no reasonable cause to believe the conduct in
question was unlawful. Under the OBCA, corporations may not indemnify against
liability in connection with a claim by or in the right of the corporation but
may indemnify against the reasonable expenses associated with such claims.
Corporations may not indemnify against breaches of the duty of loyalty. The
OBCA mandates indemnifications against all reasonable expenses incurred in the
successful defense of any claim made or threatened whether or not such claim
was by or in the right of the corporation. Finally, a court may order
indemnification if it determines that the director or officer is fairly and
reasonably entitled to indemnification in view of all the relevant
circumstances, whether or not the director or officer met the good faith and
reasonable belief standards of conduct set forth in the statute.
The OBCA also provides that the statutory
indemnification provisions are not deemed exclusive of any other rights to
which directors or officers may be entitled under a corporation's articles of
incorporation or bylaws, any agreement, general or specific action of the board
of directors, vote of shareholders or otherwise.
The Registrant has entered
into indemnity agreements with each of its executive officers and directors.
Each agreement provides for indemnification of the indemnitee to the fullest
extent by law.
Item 7.
Exemption
From Registration Claimed
Not applicable.
Item 8.
Exhibits
Exhibit
Number
Exhibit
5.1
Opinion of Ater Wynne LLP as to the legality of the
  securities being registered
23.1
Consent of Ater Wynne
  LLP (included in legal opinion filed as Exhibit 5.1)
23.2
Consent of KPMG LLP
24.1
Powers of Attorney
  (included in signature page of the Registration Statement)
99.1
Equator
  Technologies, Inc. 1996 Stock Option Plan, as amended
99.2
Stock Option Agreement,
  dated April 18, 2002, between Equator Technologies, Inc. and
  Christopher H. Basoglu
99.3
Stock Option Agreement,
  dated April 8, 2003, between Equator Technologies, Inc. and
  Christopher H. Basoglu
3
99.4
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and
  Christopher H. Basoglu
99.5
Stock Option Agreement,
  dated April 18, 2002, between Equator Technologies, Inc. and
  Richard E. Christopher
99.6
Stock Option Agreement,
  dated April 8, 2003, between Equator Technologies, Inc. and Richard E.
  Christopher
99.7
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and
  Richard E. Christopher
99.8
Stock Option Agreement,
  dated September 15, 2004, between Equator Technologies, Inc. and
  Richard E. Christopher
99.9
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and
  Michael Myhre
99.10
Stock Option Agreement,
  dated July 18, 2002, between Equator Technologies, Inc. and Tedford Niday
99.11
Stock Option Agreement,
  dated April 8, 2003, between Equator Technologies, Inc. and Tedford Niday
99.12
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and Tedford
  Niday
99.13
Stock Option Agreement,
  dated March 29, 2001, between Equator Technologies, Inc. and John O'Donnell
99.14
Stock Option Agreement,
  dated July 18, 2002, between Equator Technologies, Inc. and John O'Donnell
99.15
Stock Option Agreement,
  dated April 8, 2003, between Equator Technologies, Inc. and John O'Donnell
99.16
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and
  John O'Donnell
Item 9.
Undertakings
The undersigned
Registrant hereby undertakes:
(1)   To file,
during any period in which offers or sales are being made, a post-effective
amendment to this Registration Statement:
(i)    to include
any prospectus required by Section 10(a)(3) of the Securities Act of
1933;
(ii)   to reflect
in the prospectus any facts or events arising after the effective date of this
Registration Statement (or the most recent post-effective amendment thereof)
which, individually or in the aggregate, represent a fundamental change in the
information set forth in this Registration Statement. Notwithstanding the
foregoing, any increase or decrease in volume of securities offered (if the
total dollar value of securities offered would not exceed that which was
registered) and any deviation from the low or high end of the estimated maximum
offering range may be reflected in the form of prospectus filed with the
Commission pursuant to Rule 424(b) if, in the aggregate, the changes
in volume and price represent no more than a 20 percent change in the maximum
aggregate offering price set forth in the "Calculation of Registration Fee"
table in the effective registration statement;
4
(iii)  to include
any material information with respect to the plan of distribution not
previously disclosed in this Registration Statement or any material change to
such information in this Registration Statement.
(2)   That, for
the purpose of determining liability under the Securities Act of 1933, each
such post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering
thereof.
(3)   To remove
from registration by means of a post-effective amendment any of the securities
being registered which remain unsold at the termination of the offering.
(4)   That, for
purposes of determining any liability under the Securities Act of 1933, each
filing of the Registrant's annual report pursuant to Section 13(a) or
Section 15(d) of the Securities Exchange Act (and, where applicable,
each filing of an employee benefit plan's annual report pursuant to Section 15(d) of
the Exchange Act) that is incorporated by reference in this Registration
Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time
shall be deemed to be the initial bona fide offering thereof.
(5)   Insofar as
indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the Registrant
pursuant to the foregoing provisions, or otherwise, the Registrant has been
advised that in the opinion of the Securities and Exchange Commission such
indemnification is against public policy as expressed in the Securities Act and
is, therefore, unenforceable. In the event that a claim for indemnification
against such liabilities (other than the payment by the Registrant of expenses
incurred or paid by a director, officer or controlling person of the Registrant
in the successful defense of any action, suit or proceeding) is asserted by
such a director, officer or controlling person in connection with securities
being registered, the Registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by it is
against public policy as expressed in the Act and will be governed by the final
adjudication of such issue.
5
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the Registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this registration statement to
be signed on its behalf by the undersigned, thereunto authorized, in the City
of Tualatin, State of Oregon, on June 17, 2005.
PIXELWORKS,
  INC.
By
/s/ ALLEN H. ALLEY
Allen H. Alley
President and Chief Executive Officer
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below constitutes and appoints Allen H. Alley and Jeffrey B.
Bouchard, and each of them singly, as true and lawful attorneys-in-fact and
agents with full power of substitution and resubstitution, for him and in his
name, place and stead, in any and all capacities to sign the registration
statement filed herewith and any or all amendments to said registration
statement (including post-effective amendments), and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission granting unto said attorneys-in-fact and
agents and each of them, full power and authority to do and perform each and
every act and thing requisite and necessary to be done in and about the
foregoing, as fully to all intents and purposes as he or she might or could do
in person, hereby ratifying and confirming all that said attorneys-in-fact and
agents or any of them, or their or his substitute or substitutes, may lawfully
do or cause to be done by virtue hereof.
Witness our hands on the date set forth below.
Pursuant
to the requirements of the Securities Act of 1933, as amended, this
registration statement has been signed by the following persons in the
capacities indicated as of June 17, 2005.
/s/ ALLEN H. ALLEY
Chairman, President and Chief Executive Officer
Allen H. Alley
/s/ JEFFREY B. BOUCHARD
Vice President, Finance
  and Chief Financial Officer
Jeffrey B. Bouchard
/s/ MARK CHRISTENSEN
Director
Mark Christensen
/s/ FRANK GILL
Director
Frank Gill
/s/ C.
  SCOTT GIBSON
Director
C. Scott Gibson
/s/ BRUCE WALICEK
Director
Bruce Walicek
6
INDEX TO EXHIBITS
Exhibit
Number
Exhibit
5.1
Opinion of Ater Wynne LLP as to the legality of the
  securities being registered
23.1
Consent of Ater Wynne
  LLP (included in legal opinion filed as Exhibit 5.1)
23.2
Consent of KPMG LLP
24.1
Powers of Attorney
  (included in signature page of the Registration Statement)
99.1
Equator
  Technologies, Inc. 1996 Stock Option Plan, as amended
99.2
Stock Option Agreement,
  dated April 18, 2002, between Equator Technologies, Inc. and Christopher
  H. Basoglu
99.3
Stock Option Agreement,
  dated April 8, 2003, between Equator Technologies, Inc. and
  Christopher H. Basoglu
99.4
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and
  Christopher H. Basoglu
99.5
Stock Option Agreement,
  dated April 18, 2002, between Equator Technologies, Inc. and
  Richard E. Christopher
99.6
Stock Option Agreement,
  dated April 8, 2003, between Equator Technologies, Inc. and Richard E. Christopher
99.7
Stock Option Agreement, dated
  November 11, 2003, between Equator Technologies, Inc. and Richard
  E. Christopher
99.8
Stock Option Agreement,
  dated September 15, 2004, between Equator Technologies, Inc. and
  Richard E. Christopher
99.9
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and
  Michael Myhre
99.10
Stock Option Agreement,
  dated July 18, 2002, between Equator Technologies, Inc. and Tedford Niday
99.11
Stock Option Agreement,
  dated April 8, 2003, between Equator Technologies, Inc. and Tedford Niday
99.12
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and Tedford Niday
99.13
Stock Option Agreement,
  dated March 29, 2001, between Equator Technologies, Inc. and John O'Donnell
99.14
Stock Option Agreement,
  dated July 18, 2002, between Equator Technologies, Inc. and John O'Donnell
99.15
Stock Option Agreement,
  dated April 8, 2003, between Equator Technologies, Inc. and John O'Donnell
99.16
Stock Option Agreement,
  dated November 11, 2003, between Equator Technologies, Inc. and
  John O'Donnell