Virage Logic to Present Technical Webinar on Next-Generation Embedded Non-Volatile Memory
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Virage Logic to Present Technical Webinar on Next-Generation Embedded Non-Volatile Memory

FREMONT, Calif.—(BUSINESS WIRE)—February 22, 2007— Virage Logic Corporation (NASDAQ: VIRL), the semiconductor industry's trusted IP partner and pioneer in Silicon Aware IP(TM), today announced that it will present a free online technical webinar titled, "How to Achieve Dramatic Area Savings and Power Reduction for Consumer and Secure Applications with Next Generation Embedded Non-Volatile Memory." The live webinar will be broadcast via TechOnLine on Tuesday, February 27, 2007, at 11:00 a.m. PST, 2:00 p.m. EST. Registration and information about the free, one-hour webinar is available at seminar2.techonline.com/s/virage_feb2707

Attendees of this informative webinar will learn how the next-generation NOVeA(R), manufactured on a standard CMOS logic process with no additional masking, process steps or process modifications, delivers significant area and power reductions to better address today's advanced consumer and secure application requirements.

"At less than 50 percent the area of previous NOVeA versions, this new offering provides developers of cost-sensitive consumer and secure applications with dramatic area savings," said Pat Lasserre, director of NOVeA marketing for Virage Logic. "Additionally, the new NOVeA consumes roughly 30 percent less power than previous NOVeA versions, which is important in consumer applications and in passive RFID tags where the read distance is governed by power consumption. With its 100 percent cell redundancy architecture, NOVeA also provides designers with high yield and reliability."

To support the low-cost and high-performance requirements of today's consumer and secure applications, Virage Logic's NOVeA provides a multi-time programmable embedded non-volatile memory (NVM) which is key in applications such as Flash memory cards, DVD players and recorders, and set-top boxes which require sophisticated security and digital rights management (DRM) capabilities. NOVeA is also key in wireless applications such as RFID tags and ZigBee. For more information about the recently introduced next-generation NOVeA, see "Virage Logic Launches Next Generation Embedded Non-Volatile Memory," (http://phoenix.corporate-ir.net/phoenix.zhtml?c=122960&p=irol-news Article&ID=954913&highlight=) January 29, 2007. (Due to its length, the preceding URL may need to be copied/pasted into your Internet browser's address field. Remove the extra space if one exists.)

About Virage Logic Corporation

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(TM). 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(TM) 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. For more information, visit www.viragelogic.com.

SAFE HARBOR STATEMENT FOR VIRAGE LOGIC UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:

This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. The statements made in this news release, other than statements of historical fact, are forward-looking statements. 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 its position as a leading provider of semiconductor IP; Virage Logic's ability to continue to develop new products and develop new relationships with third-party foundries and integrated device manufacturers; adoption of Virage Logic's technologies by semiconductor companies; competition in the market for semiconductor IP platforms; statements regarding the business outlook and products; statements regarding the extent and timing of future revenues and expenses and customer demand; statements made by industry analysts relating to the possible benefit to Virage Logic's leadership in embedded memory technology; and other risks, including those described in the company's Annual Report on Form 10-K for the period ended September 30, 2006, and in Virage Logic's other periodic reports filed with the Securities and Exchange Commission or the SEC, all of which are available from Virage Logic's website (www.viragelogic.com) or from the SEC's website (www.sec.gov). Virage Logic does not intend, and undertakes no obligation, to update any forward-looking statements made in this news release.

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Contact:

Virage Logic
Sabina Burns, 510-743-8115
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or
McClenahan Bruer Communications
Venera Cushman, 503-546-1035
Email Contact