Cypress Semiconductor Highlights Its Embedded Solutions at the UK's Embedded Systems Show.

Business Editors/High-Tech Writers

LONDON--(BUSINESS WIRE)--May 11, 2001

ExCel

Embedded Systems Show ExCel Exhibition and Conference Center

Booth No. 238 London, England May 16 - 17, 2001

Cypress Semiconductor (NYSE:CY) today announced that it will exhibit at the UK's Embedded Systems Conference, to be held at the ExCel Center in London, England on May 16 and 17, 2001. Cypress MicroSystems, a Cypress Semiconductor subsidiary, will highlight its Programmable System-on-a-Chip(TM) (PSoC(TM)) microcontroller and development tools. Also to be shown are Cypress Semiconductor's USB 2.0, and Delta39K complex programmable logic device (CPLD) solutions. Live demos will be at Booth No. 238.

Cypress MicroSystems, a subsidiary of Cypress, will show its PSoC devices, which integrate a fast microcontroller, SONOS-based (Silicon Oxide Nitride Oxide Silicon) Flash memory and SRAM, and programmable arrays of analog and digital system functions -- known as PSoC blocks -- in low-cost, small-footprint packages. To save designers time, Cypress MicroSystems offers User Modules -- pre-designed peripherals comprised of PSoC blocks. By selecting a PSoC with the needed resource combination of memory, PSoC blocks and pins, designers of communications, computing, consumer, and industrial applications have a device that reduces costs by eliminating external chips and simplifying system design.

Cypress's Interface Products Division will demonstrate the EZ-USB(R) FX2(TM), the world's first USB 2.0 integrated peripheral controller, including 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 less board space and providing faster time to market. At 480 MHz, it is 40 times faster than USB 1.1, making it the perfect solution for high-bandwidth connections.

Cypress's Data Communications Division will feature its CPLDs. The Delta39K(TM) family offers more embedded memory -- 240 Kbits for the 100,000-gate Delta38K100 -- than any other programmable logic device (PLD), and is the first PLD to embed integrated FIFO and dual-port memories. About Cypress Cypress Semiconductor is "Driving the Communications Revolution"(TM) by providing high-performance integrated circuit solutions to fast-growing markets, including data communications, telecommunications, computation, consumer products, and industrial control. With a focus on emerging communications applications, Cypress's product portfolios include high-speed data communications ICs; networking-optimized and micropower static RAMs; high-bandwidth multi-port and FIFO memories; high-density programmable logic devices; timing technology solutions; and controllers for Universal Serial Bus (USB).

More than two-thirds of Cypress's sales come from fast-growing communications markets and dynamic companies such as Alcatel, Cisco, Ericsson, Lucent, Motorola, Nortel Networks, and 3Com. Cypress's ability to mix and match its broad portfolio of intellectual property enables targeted, integrated solutions for high-speed systems that feed bandwidth-hungry Internet applications. Cypress aims to become the preferred silicon supplier for Internet switching systems and for every Internet data stream to pass through at least one Cypress IC.

Cypress employs more than 4,700 people worldwide with international headquarters in San Jose, Calif. Its shares are listed on the New York Stock Exchange under the symbol CY. More information about Cypress is accessible electronically on the company's worldwide Web site at http://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 by 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", PSoC, and Delta39K are trademarks of Cypress Semiconductor. EZ-USB(R) is a registered trademark of Cypress Semiconductor.