QuickLogic Integrates Virage Logic Embedded Memory IP in Advanced Embedded Standard Products

Embedded Memory Enables QuickLogic to Offer Higher-Performance Embedded Standard Products Cost-Effectively

Fremont, CA - September  17,  2002, Virage Logic, Corp. (Nasdaq: VIRL), a global leader in embedded memory, today announced a multi-year agreement for QuickLogic to license its Area, Speed and Power (ASAP™) High-Speed (HS) embedded SRAM memory on Tower Semiconductor's 0.18-micron logic process. To be used with QuickLogic's Embedded Standard Products (ESP), the ASAP-HS embedded memory is expected to offer significant advancements in speed. With the ASAP-HS embedded memory, QuickLogic can take advantage of the industry's first commercially available embedded memory with speeds surpassing 600 MHz.

Targeting Internet routers, Voice Over Internet Protocol (VOIP), access platform for wired and wireless communications systems, telecommunications switches and industrial control applications, QuickLogic's ESP products deliver a combination of guaranteed ASSP performance, ASIC design flow and FPGA flexibility. By leveraging Virage Logic's high-speed embedded SRAM memories, QuickLogic can now deliver higher performing and advanced design products.

"With its high-speed embedded memories being the fastest memories tested, Virage Logic was an obvious choice as speed becomes critical for our target markets," said Tim Saxe, vice president of engineering at QuickLogic. "Driven by not only high speed, but also by low power applications and time-to-market pressures, it was important to select a partner with embedded memory IP technology that is silicon-proven and cost effective."

"Our mainstream products to date have focused on delivering area-optimized, cost-effective embedded memories to our customers," said Krishna Balachandran, director of product marketing at Virage Logic. "However, with speed becoming very important for applications such as the Internet infrastructure, we architected the high-speed memories to meet the demands of next-generation products that require rapid data handling."

In order to achieve faster speeds, Virage Logic incorporated its Fast Loop Self-Timing technology. This technology enables a 2K x 16, single-port memory under worst-case conditions to operate at over 600MHz (1.8 ns). The ASAP-HS embedded memory meets the stringent speed demands of the communications and networking market for such applications as network processors and DSP technology.

The ASAP Product Line

The ASAP-HS embedded memory family is part of the ASAP product line that consists of two other embedded memories: high-density (HD) and ultra-low power (ULP). The ASAP-HD memories address the needs of many applications that are optimized for area such as HDTVs, set-top boxes, routers and home gateways. The ASAP ULP embedded memory targets portable applications that must consume less active and standby power such as many Bluetooth and 802.11b devices, as well as mobile applications such as cell phones, PDAs or laptops.

About Virage Logic

Virage Logic (Nasdaq: VIRL) is a global leader in embedded memory. To meet customer design goals with the highest level of quality, Virage Logic products are silicon proven and production ready, and optimized for area, power and speed. These products include embedded memory cores, as well as software tools and custom memory design services. The company's customers include fabless semiconductor companies who use pure-play foundries and other semiconductor companies. The company has over 200 employees and is located at 46501 Landing Pkwy., Fremont, Calif., 94538. Telephone: (877) 360-6690 (toll free) or (510) 360-8000. Fax: (510) 360-8099.

About QuickLogic

QuickLogic Corporation (Nasdaq: QUIK) began developing the Embedded Standard Product (ESP) architecture in 1998, an innovation that delivers the guaranteed performance and lower cost of standard semiconductor products and the flexibility and time-to-market benefits of programmable logic. QuickLogic's ViaLink metal-to-metal interconnect technology offers high performance and is the foundation of the company's ESP families as well as our core FPGA products. Founded in 1988, the company is located at 1277 Orleans Drive, Sunnyvale, CA 94089-1138. For more information please visit the QuickLogic web site at www.quicklogic.com

SAFE HARBOR 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 (www.sec.gov), 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.