Cypress Hosts Silicon Valley WebGuild Meeting on February 13, 2002.

Business Editors/High Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--Feb. 5, 2002

Cypress Semiconductor (NYSE: CY)

             Topic: "Next Generation Security Technology"
               Part III: "The E-Biz Empire Strikes Back"
        Speakers: Dr. Edward M. Cheng, Won Lee, and Steve Hong

            Registration and Networking Start at 6:00 p.m.

                   Cypress Semiconductor Auditorium
                       Building 3 (North Side)
                       3939 North First Street
                         San Jose, California

Cypress Semiconductor (NYSE: CY) today announced that it will host the February 13 Silicon Valley WebGuild meeting, which will feature Dr. Edward M. Cheng, Won Lee, and Steve Hong's presentation titled "Next Generation Security Technology."

This presentation is part three of "The E-Biz Empire Strikes Back" series. The speakers will address the importance of next-generation security technology within corporate networks. Companies around the world have realized the need for additional security for both network and access control. The speakers will discuss the importance of biometrics security - a fast, accurate, widely- accepted, affordable and extremely secure system. Unlike current password-driven security methods, which fall short when users are doing business over a network, biometric security has no such weakness. This presentation will educate the audience on the most advanced and readily-available biometric technologies and their associated privacy issues.

About the Speakers

Dr. Edward M. Cheng received his M.D. and Ph.D. in Biomedical Engineering at Case Western Reserve University. Certified in Family Practice, he has practiced medicine in San Jose since 1982. Dr. Cheng was the pioneer in the biometrics replacement of password authentication in IT and Internet security. In 1999, while serving as vice president in SecuGen, he presented the world's first biometrics EyeD Mouse in Las Vegas and won the Best of Comdex finalist in PC peripherals. In the same year, he introduced the EyeD mouse to ING Direct, which was the world's first on-line bank adopting biometric authentication. Since then, Dr. Cheng has made multiple appearances in CNN's Focus Tonite and Technofile. Currently, he is promoting biometrics security in e-Biz, eLearning and eHealth.

Mr. Won Lee is vice president of engineering, CTO, and a founder of SecuGen, a leader in fingerprint biometric technology. He has successfully led his team to develop state-of-the-art fingerprint recognition devices, algorithms and software for the consumer market. Prior to forming SecuGen, he was CTO of NITGen in Seoul, Korea where he recruited and led engineering software, and hardware teams for fingerprint sensor and algorithm development. Mr. Lee held various key project management positions at KIA Information Systems, Ltd, in the areas of fingerprint matching algorithm and massive matcher system research and development. Mr. Lee holds B.S. and M.S. degrees in Electrical Engineering from Korea University and is the author of numerous publications and patents on fuzzy logic controller Design, fingerprint algorithm and applications.

Mr. Steve Hong, director of software applications at SecuGen has 13 years of experience in software development and project management. He has developed e-business related software to include ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), and SCM (Supply Chain Management). Mr. Hong was formerly director of e-business solutions of NITGen Corporation and software manager at Samsung SDS in Korea. Mr. Hong has published several computer-related IT books in Korea and has a B.S. in mathematics.

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 and above), Voice over Internet Protocol (VoIP), InfiniBand(TM) and Gigabit Ethernet. The company's communication s 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 http://www.cypress.com.

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