Conexant selects Virage Logic Embedded SRAM Memories for its Worldwide Communications Devices

7/2/2002 - Virage Logic Corp. (Nasdaq: VIRL), a global leader in embedded memory, today announced that Conexant Systems, Inc. has selected its Area Speed and Power (ASAP™) High Speed (HS) SRAM and ROM embedded memory technology for integration into various semiconductor products.

Conexant can now take advantage of the industry's first commercially available embedded memory with speeds surpassing 600 MHz, while meeting the needs of many applications that are optimized for area such as telephony systems, cable, broadband, wireline voice and data communication networks. Superior for high-performance computing and networking applications, the ASAP HS embedded memory is optimized for speed, yet consumes lower power than other high-speed memories. The ASAP HS embedded memory is ideal for high volume applications that require an area-efficient implementation.

"The wireless and data communications markets are rapidly growing business sectors," said Adam Kablanian, president and chief executive officer at Virage Logic. "Our ASAP embedded memory products are an excellent fit where high density and high performance are required. And, with our First-Pass Silicon™ Characterization Program, we can help ensure Conexant's early design success and allow capitalization of short market opportunity windows."

About Virage Logic
Virage Logic Corp. (Nasdaq: VIRL) is a global leader in embedded memory. To meet customer design goals with the highest level of quality, Virage Logic products are production tested and optimized for area, power and speed. These products include embedded memory cores, which are critical components of communications, consumer and computer products including switches, routers, modems, cellular phones, set-top boxes, HDTVs, DVD players and PCs. In addition, the company offers software tools and custom memory design services. Virage Logic's customers include fabless semiconductor companies targeting pure-play foundries and semiconductor companies. Founded in January 1996, Virage Logic has over 200 employees and is located at 46501 Landing Pkwy, Fremont, CA 94538. Telephone: (877) 360-6690 (toll free) or (510) 360-8000. Fax: (510) 360-8099.

Safe Habor Statement for Virage Logic Under the Private Securities Litigation Reform Act of 1995
Statements made in this news release other than statements of historical fact are forward-looking statements, including, for example, statements relating to Virage Logic's business outlook, new products and new relationships. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, which might cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include Virage Logic's ability to maintain and develop new relationships with third-party foundries, adoption of technologies by semiconductor companies and increases in the demand for their products, the company's ability to overcome the challenges associated with establishing licensing relationships with semiconductor companies, the company's ability to obtain royalty revenues from customers in addition to license fees, business and economic conditions generally and in the semiconductor industry in particular, competition in the market for embedded memories and other risks including those described in the Company's Annual Report on Form 10-K for the period ended September 30, 2001, filed with the Securities and Exchange Commission (SEC) on December 19, 2001, and in Virage Logic's other periodic reports filed with the SEC, all of which are available from Virage Logic or from the SEC's website (, and in press releases and other communications. Virage Logic disclaims any intention or duty to update any forward-looking statements made in this news release.

All trademarks and copyrights are property of their respective owners and are protected therein.

Virage Logic Corp.
Company Contact:
Dale Prull
Virage Logic Corp.
(510) 360-8095

Agency Contact:
Jennifer Bader
McClenahan Bruer Communications
(415) 954-7128

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