Virage Logic Named as TSMC's 45-Nanometer Process Early Development IP Partner

Collaboration to Provide System-on-Chip Designers With Virage Logic's Silicon-Proven IP

FREMONT, Calif. and HSINCHU, Taiwan--  April 10, 2007 --Virage Logic Corp., the semiconductor industry’s trusted IP partner and pioneer in Silicon Aware IP™, and TSMC (TSE:2330)(NYSE:TSM), the world’s largest semiconductor foundry, today announced that TSMC has decided to work with Virage Logic as an early development IP partner at its 45-nanometer (nm) process technology node. Building on the companies’ relationship that spans the 250nm to 65nm nodes, this agreement involves the development and silicon validation of Virage Logic’s Area, Speed and Power (ASAP) Memory™, Self-Test and Repair (STAR) Memory and ASAP Logic™ product families for TSMC’s 45nm General Purpose and Low Power process technologies. The agreement also expands the companies’ 65nm agreement (announced in May 2005) to include all 65nm process variants.

To address the complexities associated with advanced process nodes, foundries and IP providers are working more closely together. This collaboration reduces design time and time to volume.

“TSMC recognizes the value of Virage Logic’s production proven embedded memory and standard cell IP provides to designers,” said Kuo Wu, deputy director of design services marketing at TSMC. “We are working with early development partners at 45nm to enable customers with early access to silicon proven IP at this advanced process node.”

The TSMC and Virage Logic collaboration demonstrates how the foundry and IP company relationship can provide silicon proven IP on advanced process technologies to help customers in such market segments as consumer, communications, graphics, computers, and wireless handheld devices reach their design goals more quickly.

“TSMC’s collaboration with Virage Logic as an early development partner at 45nm is a significant milestone,” said Dan McCranie, president and chief executive officer of Virage Logic. “With this agreement, we look forward to continuing to provide our mutual customers with silicon proven IP at the advanced process nodes of 65- and 45-nanometer.”

About Virage Logic’s ASAP Memory, STAR Memory and ASAP Logic Product Lines

Today's System-on-Chip (SoC) designs vary widely with respect to their density, speed and power requirements. Virage Logic’s ASAP and STAR memory product lines – comprising three separate families – address these demanding requirements by providing one of the largest selections of silicon proven, high quality, easy to integrate, embedded memory IP. The High-Density (HD) memories address the needs of many applications that are optimized for area: the High-Speed (HS) memories address the requirements of high-performance systems and the Ultra-Low Power (ULP) memories address the needs of power-sensitive portable applications. All ASAP and STAR memories are seamlessly integrated with the comprehensive Built-In-Self-Test (BIST) implementation found in Virage Logic's Self-Test and Repair (STAR) Memory System™. The ASAP and STAR memory product lines offer hundreds of memory compilers ranging from 250nm to 45nm process technologies available on numerous foundries.

The Virage Logic ASAP Logic product line contains application-optimized libraries targeted to unique market requirements and is based on Virage Logic's proprietary and patented routing methodology and cell architecture. ASAP Logic Metal Programmable Cell Libraries are used in SoC designs to economically enable functional reprogrammability by changing only a few metal and via masks, and are often used as a design fabric for structured ASICs. ASAP Logic Standard Cell Libraries are optimized for area, speed, and power and provide up to a 30 percent increase in utilization when compared to conventional standard cell libraries.

Availability

First availability of Virage Logic’s ASAP and STAR memories and ASAP Logic products on TSMC’s 45nm General Purpose process is expected to begin in Q2 2007 and first availability of Virage Logic’s ASAP and STAR Memory and ASAP Logic products on TSMC’s 45nm Low Power process is expected to begin in Q4 2007.

About Virage Logic

Founded in 1996, Virage Logic Corporation (NASDAQ:VIRL) rapidly established itself as a technology and market leader in providing advanced embedded memory intellectual property (IP) for the design of complex integrated circuits. Today, as the semiconductor industry's trusted IP partner, the company is a global leader in IP platforms comprising embedded memories, logic, and I/Os, and is pioneering the development of a new class of IP called Silicon Aware IP™. Silicon Aware IP tightly integrates Physical IP (memory, logic and I/Os) with the embedded test, diagnostic, and repair capabilities of Infrastructure IP to help ensure manufacturability and optimized yield at the advanced process nodes. Virage Logic's highly differentiated product portfolio provides higher performance, lower power, higher density and optimal yield to foundries, integrated device manufacturers (IDMs) and fabless customers who develop products for the consumer, communications and networking, hand-held and portable, and computer and graphics markets. The company uses its FirstPass-Silicon™ Characterization Lab for certain products to help ensure high quality, reliable IP across a wide range of foundries and process technologies. The company also prides itself on providing superior customer support and was named the 2006 Customer Service Leader of the Year in the Semiconductor IP Market by Frost & Sullivan. Headquartered in Fremont, California, Virage Logic has R&D, sales and support offices worldwide.

About TSMC

TSMC is the world’s largest dedicated semiconductor foundry, providing the industry’s leading process technology and the foundry industry’s largest portfolio of process-proven libraries, IP, design tools and reference flows. The Company's total managed capacity in 2006 exceeded seven million (8-inch equivalent) wafers, including capacity from two advanced 12-inch GigaFabs, four eight-inch fabs, one six-inch fab, as well as TSMC’s wholly owned subsidiaries, WaferTech and TSMC (Shanghai), and its joint venture fab, SSMC. TSMC is the first foundry to provide 65nm production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please see http://www.tsmc.com.