FREMONT, Calif.—(BUSINESS WIRE)—April 8, 2009— Virage Logic Corporation (NASDAQ:VIRL), the semiconductor industry's trusted IP partner, today announced a new relationship with IBM (NYSE:IBM) that designates Virage Logic as an IBM PowerPC Design Center, granting it the rights to license and distribute IBM’s PowerPC processor cores and peripheral cores when combined with Virage Logic’s broad portfolio of semiconductor IP. The agreement expands IBM’s distribution channel and offers customers the convenience of working with a single source to gain access to both the PowerPC technology and Virage Logic’s extensive offering of silicon proven semiconductor IP including embedded SRAMS, embedded NVMs, embedded test and repair, logic libraries, memory development software, and interface IP solutions.

“IBM has a long history of servicing high volume markets with its Power Architecture, the most scalable architecture on the planet, and Virage Logic has a proven track record of providing highly differentiated semiconductor IP to service a broad range of end markets,” said Bernard Meyerson, IBM, Vice President of Strategic Alliances. “By selecting Virage Logic as a trusted IP partner, we are providing our customers with greater value by giving them the option to enrich the performance and capabilities of PowerPC embedded processors with their choice of Virage Logic embedded memory IP to meet their specific SoC design requirements.”

“Through this relationship with IBM, we are continuing to broaden the portfolio of semiconductor IP products that we are able to offer the global electronics community,” said Brani Buric, executive vice president, marketing and sales for Virage Logic. “We take great pride in offering highly differentiated silicon proven IP and award winning customer support that helps our customers develop their innovative products. IBM’s selection of Virage Logic as a PowerPC Design Center underscores the trusted IP partner role we hold in the SoC design ecosystem and we look forward to working with our expanding customer base to help them achieve their performance, area, cost and time-to-market goals.”

About Virage Logic

Virage Logic is a leading provider of semiconductor intellectual property (IP) for the design of complex integrated circuits. The company’s highly differentiated product portfolio includes embedded SRAMs, embedded NVMs, embedded memory test and repair, logic libraries, memory development software, and interface IP solutions. As the industry’s trusted semiconductor IP partner, foundries, IDMs and fabless customers rely on Virage Logic to achieve higher performance, lower power, higher density and optimal yield, as well as shorten time-to-market and time-to-volume. For further information, visit http://www.viragelogic.com.

About IBM and the PowerPC

For more information, visit www.ibm.com.

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