Cypress Showcases USB Solutions At the USB 2.0 Developers Conference.

Business Editors/High Tech Writers

SAN JOSE, Calif.--(BUSINESS WIRE)--May 31, 2002

USB 2.0 Developers Conference Booth #12 Fairmont Hotel, San Jose

San Jose, California June 10-12, 2002

Cypress Semiconductor Corporation (NYSE: CY) will feature a number of live demonstrations showcasing its latest USB solutions at the USB 2.0 Developers Conference to be held on June 10-12, 2002 at the Fairmont Hotel in San Jose, California. To demonstrate its leadership in USB, Cypress will display a variety of USB 2.0 end-user solutions, including mass storage drives, a video camera, an MPEG Encoder and a scanner. Cypress is a Gold Sponsor of this essential conference for USB developers worldwide.

To better assist USB designers in developing new applications, Cypress technical staff members will be making several presentations during the conference. On Tuesday, June 11 at 3:00 p.m., Cypress will be presenting "USB 2.0 Peripheral Design Options" in the Regency II Room, where USB developers can learn about design considerations in a typical USB design cycle. Cypress technical experts will be making several presentations on Wednesday, June 12, including "USB On-The-Go Protocol State Machines" at 2:45 p.m. in the Regency II Room; "USB OTG Compliance Plan" at 3:30 p.m. in the Regency II Room; and "Design Consideration for USB Mass Storage" at 4:45 p.m. in the Regency I Room.

Cypress will also be hosting a product session, where USB developers can learn about the latest developments in USB silicon building blocks. This will be presented in the Valley Room on Wednesday, June 12 at 2:00 p.m. in the Valley Room (subject to change).

Also on display will be a variety of Cypress products that enable industry-leading USB 2.0 solutions:

-- Cypress's TetraHub(TM) is the world's highest performance USB 2.0 hub
controller device. TetraHub's unique `tetra' architecture implements four
transaction translators for four downstream ports, allowing the highest
performance possible for all devices on the bus. 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(R) 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. It
is the only low-cost solution that does not drain the controller's resources.
The SIE makes it easy to add high-speed USB to many peripheral applications,
including scanners, printers, networking devices and digital video cameras.

-- Cypress's EZ-USB AT2 fourth-generation USB 2.0-to-ATA/ATAPI bridge features
high-speed USB 2.0 connectivity to mass storage devices. With speeds of up to
480 Mbits/sec, AT2 is the optimum solution for mass storage applications that
demand greater bandwidth such as hard drive, CD-RW, DVD-RAM, Zip, SuperDisk,
HiFD and CompactFlash.

-- 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 that functions as either host or peripheral.

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: EZ-USB and Cypress are registered trademarks and TetraHub, FX2, SX2, "Driving the Communications Revolution" and cypress.com are trademarks of Cypress Semiconductor Corporation.