Virage Logic Speaks on the Importance of Semiconductor IP Model License Agreements at FSA's Technical Seminar

Virage Logic's VP of Marketing to Present Semiconductor IP Provider Perspective

FREMONT, Calif., Feb. 24 /PRNewswire-FirstCall/ -- Virage Logic Corp. (NASDAQ: VIRL), a leading provider of semiconductor intellectual property (IP) platforms, will have a significant role in the Fabless Semiconductor Association's (FSA's) technical seminar being held in conjunction with the Distinguished Speaker Series on March 2, at the Double Tree Hotel in San Jose. The free seminar will focus on the challenges faced when developing a common framework for Model License Agreements (MLAs) and how these agreements will help make the licensing of third-party semiconductor IP products more efficient and encourage the growth of the third-party IP market.

Virage Logic's vice president of marketing and chairman of the FSA IP Subcommittee, Jim Ensell, will deliver the seminar's welcome and introduction and is also a featured speaker on the topic of "Supplier Perspective and IP Provider Benefits." The complete program for the FSA seminar is as follows:

  10:00 a.m. - 10:20 a.m.
  Welcome and Introduction -- Jim Ensell, Virage Logic

  10:20 a.m. - 10:30 a.m.
  Supplier Perspective and IP Provider Benefits -- Jim Ensell, Virage Logic

  10:30 a.m. - 10:40 a.m.
  Fabless Customer Perspective and Benefits -- Speaker to be announced

  10:40 a.m. - 10:50 a.m.
  Supplier Perspective and Foundry Role -- Kurt Wolf, TSMC

  10:50 a.m. - 11:30 a.m.
  Open Discussion; Q&A

Registration is required for this free event. Professionals from fabless, IDM, IP and foundry companies, as well as FSA IP Committee members, are encouraged to attend. For more information on Virage Logic, go to http://www.viragelogic.com/. For information on the FSA or how to register for this event, go to http://www.fsa.org/events/event.asp?event=2005/tech0302.

About Virage Logic Corporation

Founded in 1996, Virage Logic Corporation 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 the company is a global leader in semiconductor IP platforms comprising embedded memories, standard cells, and I/Os and is pioneering the development of a new class of IP called Silicon Aware IP. 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's comprehensive quality efforts are validated in its FirstPass-Silicon Characterization Lab, which helps ensure high quality, reliable IP across a wide range of foundries and process technologies. Headquartered in Fremont, California, Virage Logic has R&D, sales and support offices worldwide. For more information, visit http://www.viragelogic.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 trends, business outlook, products, and customer 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 forecast its business, including its revenue, income and order flow outlook; Virage Logic's ability to execute on its strategy to become a provider of semiconductor IP platforms; Virage Logic's ability to continue to develop new products and maintain and develop new relationships with third-party foundries and integrated device manufacturers; adoption of Virage Logic's technologies by semiconductor companies and increases or fluctuations 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, to receive accurate information necessary for calculating royalty revenues and to collect royalty revenues from customers; business and economic conditions generally and in the semiconductor industry in particular; competition in the market for semiconductor IP platforms; and other risks including those described in the company's Annual Report on Form 10-K for the period ended September 30, 2004, and in Virage Logic's other periodic reports filed with the SEC, all of which are available from Virage Logic's website ( http://www.viragelogic.com/) or from the SEC's website ( http://www.sec.gov/), and in news 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.

CONTACT: Sabina Burns of Virage Logic Corporation, +1-510-743-8115 or
Email Contact; or Kerry McClenahan of McClenahan Bruer
Communications, +1-503-546-1002 or Email Contact, for Virage Logic
Corporation

Web site: http://www.viragelogic.com/




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