Flextronics Semiconductor Licenses ARM Cores For Leading Communications Applications

Design Centers become members of ARM ATAP Program

Sunnvale, Calif. US and CAMBRIDGE, UK – July 29, 2002 – Flextronics Semiconductor, a business unit of Flextronics, and ARM [(LSE:ARM); (Nasdaq:ARMHY)], the industry's leading provider of 16/32-bit embedded RISC processor solutions, today announced that Flextronics Semiconductor has licensed the ARM7TDMI® microprocessor core. Flextronics Semiconductor offers IC design services and full system-on-chip (SoC) ASICs, and will design and manufacture ARM® core-based SoC integrated circuits for market-leading communications and portable wireless systems applications.

In addition, Flextronics Semiconductor has become a member of the ARM ATAP™ technology access program. Under the ATAP agreement, Flextronics ASIC design centers located in Niwot, Colorado (US), and Oak Ridge, Tennessee (US), are certified by ARM to complete design services for OEM customers and any customer of ARM's flexible licensing model.

"ARM's industry-leading technology will add to our existing IP portfolio and further enable Flextronics to offer customers additional SoC capabilities," said Ron Snyder, president of Flextronics Semiconductor. "Our global network of design centers is experienced and very capable of highly-complex SoC integration."

"Today's developers demand well-integrated SoC solutions offering high performance and low power consumption," said Jamie Urquhart, Chief Strategy Officer for ARM. "With this agreement, Flextronic will further advance its ability to develop leading-edge, ARM technology-based solutions that meet its customers' technical and commercial needs."

About the ATAP Program

There are currently 30 Partners in the ATAP program, with a resource of more than 3,000 engineers available to work on ARM core-based SoC designs. ATAP design Partners must go through a strict qualification process to become an ARM Approved Design Center. This includes a design flow audit, training on implementing designs with ARM cores, tools, AMBA® interface peripherals and development techniques. Each Design Center must demonstrate its own unique skills in specific technology domains, as well as end-market expertise. The ATAP program also provides additional benefits such as geographic and time-zone locality and local language support. For more information on the ATAP program, please email info@arm.com or visit the ARM web site.

About ARM

ARM is the industry's leading provider of 16/32-bit embedded RISC microprocessor solutions. The company licenses its high-performance, low-cost, power-efficient RISC processors, peripherals, and system-chip designs to leading international electronics companies. ARM also provides comprehensive support required in developing a complete system. ARM's microprocessor cores are rapidly becoming a volume RISC standard in such markets as portable communications, hand-held computing, multimedia digital consumer and embedded solutions. More information on ARM is available at http://www.arm.com.

About Flextronics Semiconductor

Flextronics Semiconductor, a business unit of Flextronics, provides ASIC products and IC design services. ASIC products include full system-on-chip (SoC), standard cell and gate array ASIC (digital, analog, and mixed-signal); IC design services include FPGA (field-programmable gate array) conversion, ASIC retargeting and backend IC design capabilities. Flextronics Semiconductor has design centers worldwide that work with customers to deliver system-level solutions in silicon, increasing functionality and reliability while reducing cost. For more information, please visit Flextronics Semiconductor at www.flextronics.com/semiconductor .