Cypress Highlights its USB and Timing Solutions at the Intel Developer Forum, Spring 2002.

Business Editors/High-Tech Writers

Intel Developer Forum 2002

Booth #428

SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 21, 2002

                         Intel Developer Forum
                              Booth #428
                      Moscone Center, South Hall
                       San Francisco, California
                        February 25 - 27, 2002

Cypress Semiconductor (NYSE:CY) today announced that it will participate in the Intel Developer Forum, Spring 2002 held at the Moscone Center, South Hall from February 25 through February 27, 2002. Cypress will highlight its USB and timing solutions at the show.

Cypress will feature live demos of the following USB 2.0 and timing products:

-- The SL811HS USB host/peripheral controller implements the new USB On-the-Go
(OTG) standard. This is Cypress's first-to-market embedded host controller with
a single dual-role port which functions as either host or peripheral.

-- Cypress's ISD-300A1 ATA/ATAPI bridge features high-speed USB 2.0
connectivity to mass storage devices. With speeds of up to 480 Mbits/sec, the
ISD-300A1 is an optimum solution for applications that demand greater bandwidth
such as hard drives, CD-RW, DVD-RAM, Zip, SuperDisk, HiFD and CompactFlash.

-- Cypress's TetraHub(TM) is the only USB 2.0 hub controller to integrate four
transaction translators allowing connected peripherals -- low-speed (1.5 Mbps),
full-speed (12 Mbps), and high-speed (480 Mbps) -- the highest performance
possible in a USB-enabled system. TetraHub is a fixed-function solution,
requiring no firmware intervention, thereby reducing design risk and
development time. The TetraHub may be used as a high-bandwidth controller in
standalone hubs, monitor hubs, port replicators and docking stations.

-- Cypress's EZ-USB FX2(TM) is the world's first USB 2.0 integrated peripheral
controller. It includes an 8051 processor, a serial interface engine (SIE), a
USB transceiver, on-chip RAM and FIFO, and a general programmable interface.
The FX2 is a fully-integrated solution, requiring little board space and
providing fast time-to-market. This device is the first high-speed USB
microcontroller to successfully pass the compliance tests set by the USB
Implementers Forum (USB-IF).

-- Cypress's EZ-USB SX2(TM) intelligent serial interface engine (SIE) provides
a 480-Mbps USB 2.0 connection to a peripheral containing a microcontroller. The
SIE logic handles all standard USB protocol tasks, freeing up the peripheral's
microcontroller to handle important application specific tasks. The intelligent
SIE makes it easy to add high-speed USB to many peripheral applications,
including scanners, printers, networking devices, and digital video cameras.

-- Cypress's field-programmable clock generators operate at speeds up to 200
MHz, the timing devices provide highly stable, easily configurable clock
outputs for use in a wide range of commercial and consumer applications,
including switches, routers, computers, DVD players and digital cameras.

-- Cypress's CyClocksRT(TM) software demonstrates ease-of-use for a system
designer in configuring a Cypress clock product to meet his timing needs.

About Cypress

Cypress Semiconductor is "Driving the Communications Revolution"(TM) with high-performance integrated circuits for network infrastructure and access equipment. Leveraging its process and system-level expertise, the company designs and manufactures solutions targeted across wireless and wireline communications. Cypress supports a wide range of industry standards, such as SONET (OC-48, OC-192 and OC-768), Voice over Internet Protocol (VoIP), InfiniBand(TM) and Gigabit Ethernet. The company's communications product lines include programmable high-speed physical layer devices (PHYs), wirespeed network search engines (NSEs) and network coprocessors (NCPs), and datapath switching elements (DSEs). Cypress is also the industry's leader in communications timing solutions, networking-optimized communications memories and personal connectivity solutions, such as USB and Bluetooth.

Cypress is a leader in pure optical and optoelectronic technologies designed to push network transmissions to higher performance levels and to satisfy the increasing demand for network bandwidth. With a focus on emerging communications applications, Cypress aims to become the preferred silicon supplier for network infrastructure solutions and for every network data stream to pass through at least one Cypress IC.

Cypress employs 4,000 people worldwide. Its shares are listed on the New York Stock Exchange under the symbol CY. More information about Cypress is accessible on the Web at www.cypress.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements herein that are not historical facts are "forward-looking statements" involving risks and uncertainties, including but not limited to: the effect of global economic conditions, shifts in supply and demand, market acceptance, the impact of competitive products and pricing, product development, commercialization and technological difficulties, and capacity and supply constraints. Please refer to Cypress's Securities and Exchange Commission filings for a discussion of such risks.

Note to Editors: "Driving the Communications Revolution," TetraHub, FX2, SX2, and CyClocksRT are trademarks of Cypress Semiconductor. EZ-USB is a registered trademark of Cypress Semiconductor. All other trademarks are the property of their respective owners.