Virtual Silicon Teams With 1st Silicon for IP

SUNNYVALE, Calif.,--July 15, 2002 - Virtual Silicon Technology Inc., a leader in semiconductor intellectual property (SIP), has received an order from 1st Silicon, Malaysia's largest wafer foundry, to port its SIP to 1st Silicon's 0.18-micron process technology. The agreement covers Virtual Silicon's standard cell library as well as two I/O pad libraries.

"Virtual Silicon is one of the industry's well-known providers of quality SIP," said S.Y. Tan-Stahel, marketing vice president at 1st Silicon. "In addition to foundation IP, customers look to Virtual Silicon for a wide range of products including high-speed interface, PLL and memories. Our collaboration opens another gateway to foundry support for our customers."

"Adding 1st Silicon to our Foundry Sponsored IP Program opens a new level of opportunity for Virtual Silicon," said John A. Ford, vice president of marketing for Virtual Silicon. "We look forward to a continuing relationship with 1st Silicon in supporting our mutual customers' IP needs." The IP will be available for customer use beginning early fourth quarter.

About Virtual Silicon Technology

Virtual Silicon is a leading supplier of semiconductor intellectual property and process technology to manufacturers and designers of complex systems-on-chip (SoC). Headquartered in Sunnyvale, CA, the company provides process-specific embedded components that serve the wireless, networking, graphics, communication and computing markets. Customers include leading fabless semiconductor companies, integrated semiconductor manufacturers, foundries, and SoC developers who demand leading edge technology for their semiconductor innovations. For more information, call (408) 548-2700 or visit Virtual Silicon online at www.virtual-silicon.com .

About 1st Silicon (Malaysia) Sdn. Bhd.

1st Silicon is a dedicated semiconductor foundry founded in 1998 by the Malaysian State of Sarawak. 1st Silicon's 200mm wafer fab has a capacity in excess of 30,000 wafers per month when fully ramped. The Company is in volume production with 0.25µm digital and mixed-signal CMOS technologies and is now providing 0.18µm process prototypes. 1st Silicon's customers include integrated device manufacturers and fabless semiconductor companies from the U.S., Japan, and Asia. The Company has its headquarters in Kuching, Sarawak, Malaysia, and a U.S. registered subsidiary corporation located in San Jose, California. More information is available on the Company's web site at www.1stsilicon.com .

The Heart of Great Silicon, Silicon Ready and Virtual Silicon are trademarks of Virtual Silicon Technology, Inc.

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