CYPRESS TO IMPROVE MANUFACTURING YIELD USING WAMA TECHNOLOGY.

Cypress Semiconductor Corporation (NYSE:CY) and WaferYield, Inc. have announced that Cypress has expanded its non-exclusive commercial license agreement to use WaferYield's WAMA(TM) technology. WAMA technology is expected to improve the yield, throughput, and profitability of Cypress's wafer fabrication operations, which support its manufacture of integrated circuits.

"In this challenging economic climate, all capital expenditures are highly scrutinized and need to be strongly justified," said Christopher Seams, Cypress EVP of technology and worldwide manufacturing. "It makes much better sense to find ways to improve the yield of existing equipment. By expanding the use of WAMA technology and implementing it in all of our fabs, we look forward to seeing greater manufacturing efficiencies."

WAMA tools are based on WaferYield's patented, proprietary wafer-mapping WAMA technology. Each module targets a different aspect of the wafer fabrication process. WAMA modules are designed to increase gross dice, maximize good dice, maximize fab throughput, and maximize return on investment.

"We view Cypress's multiyear corporate license agreement as a vote of confidence for WAMA technology," said Eitan Cadouri, WaferYield CTO. "We're looking forward to exhibiting how WAMA tools deliver their benefits without requiring Cypress to change its processes or redesign its products."

About WaferYield

WaferYield is a semiconductor industry company that aims to maximize fab productivity, yield, and profitability without changing the customer's processes or masks, or increasing manufacturing costs. Using its patented WAMA(TM) technology, WaferYield offers products that individually aim to improve different aspects of the wafer fabrication process. WAMA benefits are immediate, providing significant returns. WaferYield is a privately held company based in Santa Clara, Calif.

For more information, visit http://www.waferyield.com.

About Cypress

Cypress Semiconductor Corporation (NYSE:CY) is connecting from "Last Mile to First Mile" with high-performance solutions for personal, network access, enterprise, metro switch, and core communications-system applications. Cypress Connects(TM) using wireless, wireline, digital, and optical transmission standards, including Bluetooth, USB, Fibre Channel, SONET/SDH, Gigabit Ethernet, and DWDM. Leveraging its process and system-level expertise, Cypress makes industry-leading physical layer devices, framers, and network search engines, along with a broad portfolio of high-bandwidth memories, timing technology solutions, and programmable microcontrollers.

For more information, visit http://www.cypress.com or call 408/943-2817 or 408/732-4885.