Virage Logic to License, Modify, Sell AMD Standards Based Interface IP

Virage Logic Corporation (NASDAQ:VIRL), the semiconductor industry’s trusted IP partner, and AMD announced a new relationship that grants Virage Logic the rights to license, modify and sell standards-based advanced interface IP that AMD designs for use in its extensive graphics processor product line. The agreement enables Virage Logic to provide AMD’s silicon-proven technology for PCIe, HDMI and MIPI interfaces at advanced process nodes to companies seeking to leverage existing IP in order to help speed product development.

“AMD has a long tradition of delivering advanced technologies to market, evidenced most recently with the industry-leading ATI Radeon[tm] HD 4000 series of graphics products. Along the way, AMD has worked closely with Virage Logic as a trusted provider of highly differentiated physical IP. Today, we’re expanding our relationship to help Virage Logic bring AMD’s internally designed, production-proven IP to its customers around the world,” said Rick Bergman, senior vice president and general manager, Graphics Products Group, AMD.

“Through this relationship, we will help address the shortage of high quality, silicon proven advanced interface IP available at leading process nodes,” said Dr. Alex Shubat, president and chief executive officer, Virage Logic. “Virage Logic’s agreement with AMD is yet another example of how in addition to our organically developed products; we continue to innovate a variety of inorganic growth strategies to maximize ROI and address the transformation that is taking place in the global semiconductor industry.”

Virage Logic is already engaging with early adopters for deployment of this new high speed interface IP product offering and will announce general product availability in the first half of 2009.

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 test and repair, logic libraries, memory development software, and interface IP. 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.