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Virage Logic Appoints Industry Veteran Vice President of Worldwide SalesCompany Bolsters Sales Organization to Keep up with Phenomenal Growth Fremont, CA - May 23, 2002, Virage Logic Corp. (Nasdaq: VIRL), a global leader in embedded memory, today announced the appointment of Raj Singh to vice president of worldwide sales. Responsible for setting strategies to successfully drive the business and for instilling the values of a customer-centric sales force, Singh will report directly to Virage Logic President and CEO, Adam Kablanian. With a career that spans nearly 20 years, Singh was vice president of worldwide sales and most recently, executive vice president and general manager, at 3Dlabs before joining Virage Logic. 3Dlabs is a supplier of 3D graphics products including embedded graphics and IP cores. While there, he was credited with growing the international business by 400 percent, expanding channel distribution in 58 countries via 65 distributors and building sales of $70 million in less than three years. Singh also played a key role in the company's IPO in 1996 and in the acquisitions of Dynamic Pictures and Intense3D. Singh spent five years with Dupont holding various positions including business manager and vice president of the company's Dupont Pixel operation providing leading edge Visualization Graphics to key OEM customers. Focusing on the company's Asia Pacific business, he grew it to be the largest gross profit center in the company. "Raj is the ideal choice for this position and a key addition to our management team," said Adam Kablanian, CEO and president of Virage Logic. "His well-rounded background, keen understanding of the embedded IP industry and career accomplishments will enable him to build on the success of our existing sales organization." "I am thrilled to join Virage Logic and be part of the company's continued achievements," said Singh. "The talented staff, combined with the company's ability to design and deliver proven products, will enable us to keep up with the growing demand for embedded memory." Singh graduated with honors from Kings College, Aberdeen University of Scotland in 1977 receiving a combined masters degree in English Literature. He went on to conduct doctoral work on Chaucer at England's Manchester University. About Virage Logic Virage Logic (Nasdaq: VIRL) is a global technology and market leader in embedded memory for SoC applications. 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.
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