Alliance Semiconductor To Announce Fiscal Third Quarter 2003 Results January 28, 2003.

Business Editors

SANTA CLARA, Calif.--(BUSINESS WIRE)--Jan. 27, 2003

Alliance Semiconductor Corporation (Nasdaq:ALSC) will release its fiscal third quarter results for the period ending December 31, 2002, on Tuesday, January 28, after the market closes.

Following the release, President and Chief Executive Officer, Dan Reddy, and Chief Financial Officer, Ron Shelton, will host a conference call to discuss the company's earnings and operations at 5:00 p.m. Eastern Time. Investors and other interested parties are invited to participate in the call by dialing 800-850-9878 and entering the pass code 21100656 at least 10 minutes prior to the start of the call.

The conference call replay will be available for 48 hours beginning at 7:00 p.m. ET on January 28. The replay number is 1-800-633-8284, referencing pass code 21100656. Additionally, the web cast replay of the call will be available on the investor relations section of the company's website at www.alsc.com.

About Alliance

Alliance Semiconductor Corporation is a leading worldwide provider of memory, mixed signal and system solutions for networking, wireless, consumer and computing markets. Through these integrated business units, Alliance provides leading OEMs with synchronous and fast asynchronous SRAMs and super low-power and pseudo SRAMs, high-speed chip-to-chip interconnects based on HyperTransport technology and mixed signal products for Electromagnetic Interference (EMI) management. Alliance develops and manufactures its products through independent manufacturing foundries using advanced CMOS process technologies with line widths as narrow as 0.13-microns. Founded in 1985, Alliance is headquartered in Santa Clara, California. Additional information is available on Alliance's Web site at: http://www.alsc.com.