Cirrus Logic Becomes Newest Licensee of Verance Copy Protection Technology for DVD-Audio.

Business/Entertainment/High-Tech Editors

SAN DIEGO--(BUSINESS WIRE)--Nov. 20, 2002

Verance, the leading provider of tools and services to track, manage and enhance the use of media content globally, today announced that Cirrus Logic has licensed Verance's audio watermark technology for inclusion in a new line of high-performance chipsets for DVD devices.

Under the license, Cirrus Logic joins a growing number of semiconductor designers to adopt Verance's highly optimized commercial watermark technology implementations that facilitate quick and easy integration of the Verance technology into chipsets destined for high-volume consumer products.

The optimized watermark implementation provided by Verance is designed to provide exceptional performance in fixed-point processor architectures such as those used in Cirrus Logic's designs. Verance's optimized fixed-point implementation is the latest entry into its optimized implementation product line, which also includes implementations for the TI C54x DSP, ARM7, ARM9E and Pentium processor architectures.

Cirrus Logic, a premier supplier of high-performance chip solutions for consumer entertainment, recently unveiled a programmable DVD platform that enables DVD manufacturers to reduce the time it takes to get their products into the marketplace. This feature-rich, multi-functional chip solution, the CS98200, is designed to help bring advanced consumer features such as DVD-Audio at more affordable consumer price points. Verance's watermark technology will be included in this new line of processors that should be available to consumers by various manufacturers in mid 2003.

"We are pleased to be a part of the tremendous growth of DVD-Audio by providing content management solutions to the current marketplace, as well as for the emerging feature-rich digital DVD-Audio formats," said Verance President and CEO, Bob Cerasoli.

"Cirrus Logic is driving innovation in digital entertainment, and collaborating with Verance gives us a market edge because we will be able to deliver cost-effective chip solutions that will help deliver DVD-Audio at more affordable consumer prices that will in turn drive greater volume," said Terry Ritchie, vice president of Video Marketing, Cirrus Logic. "In the near future, DVD-Audio will become a mainstream feature, due in large part to Cirrus' chip solutions and Verance's leadership in audio copy protection technology."

About Verance:

San Diego-based Verance provides audio watermarking technology solutions for content use management, as well as broadcast monitoring and airplay verification. Verance audio watermarking technologies are the foundation for the music industry standard for DVD Audio Copy Control and SD-Card audio, as well as for ConfirMedia(TM), the premier broadcast monitoring and airplay verification service. Licensees include major worldwide recording companies, Matsushita Electronics, Sanyo, Sharp, Sony, Toshiba and many other consumer electronics and information technology industry leaders. Additional information about Verance's content use management and media information products and services can be found at www.verance.com.

Cirrus Logic Inc.

Cirrus Logic is a premier supplier of high-performance analog and DSP chip solutions for consumer entertainment electronics that allow people to see, hear, connect and enjoy digital entertainment. Building on its global market share leadership in audio integrated circuits and its rich mixed-signal patent portfolio, the company targets mainstream audio, video and Internet entertainment applications in the consumer entertainment market. Cirrus Logic operates from headquarters in Austin, Texas with offices in California, Colorado, Europe, Japan and Asia. More information about Cirrus Logic is available at www.cirrus.com

Safe Harbor Provision

Except for historical information contained herein, the matters set forth in this news release, including Cirrus' ability to deliver cost-effective chip solutions, are forward-looking statements that are dependent on certain risks and uncertainties including such factors, among others, as the ability of the DVD-audio copy protection technology to perform as expected, the risk factors listed in the company's Form 10-K for the year ended March 30, 2002, and in other filings with the Securities and Exchange Commission. The foregoing information concerning Cirrus Logic's business outlook represents our outlook as of the date of this news release, and Cirrus Logic undertakes no obligation to update or revise any forward-looking statements, whether as a result of new developments or otherwise, except as required by law.