Virage Logic and Tensilica Introduce Core-Optimized IP Kits for Tensilica's Diamond Standard Processors.

Kits are Optimized to Meet Area, Performance and Power Requirements

SANTA CLARA & FREMONT, Calif. -- Tensilica[R] Inc. and Virage Logic Corp. (NASDAQ:VIRL), a pioneer in Silicon Aware IP[TM] and leading provider of semiconductor intellectual property (IP) platforms, today introduced sixteen specially designed Core-Optimized IP Kits for Tensilica's Diamond Standard processor family members for manufacture on TSMC's 130-nanometer (nm) and 90nm G processes. The new Core-Optimized IP Kits consist of Virage Logic's Area, Speed and Power (ASAP) Memory[TM] and ASAP Logic[TM] IP, and are optimized for each of the Diamond cores to allow designers to target area, performance or power.

"As the industry's trusted IP partner, we're pleased to collaborate with Tensilica to provide our mutual customers with physical IP that is specifically tuned to optimize the performance of Tensilica's Diamond Standard product line processor cores," stated Jim Ensell, senior vice president of marketing and business development at Virage Logic. "By making the Core-Optimized IP Kits available via our website, we're making this solution easily accessible and also helping our customers accelerate their silicon success."

"We've worked with Virage Logic for several years, and they've been an outstanding IP provider for our customers," stated Steve Roddy, Tensilica's vice president of marketing. "Our Xtensa[R] customers have completed many designs with Virage Logic's libraries. Now, with physical IP optimized for our Diamond Standard processors, we expect to provide our mutual customers with a greater competitive advantage."

The Core-Optimized IP Kits target four of Tensilica's Diamond Standard processors, a set of off-the-shelf synthesizable cores that range from area-efficient, low-power controllers to an audio processor and a high-performance DSP, all of which lead the industry in their respective categories both in lowest power and highest performance. The Core-Optimized IP Kits provide access to Virage Logic's silicon proven embedded memory IP and standard cell libraries to meet a variety of market requirements.

Availability

Virage Logic's Core-Optimized IP Kits for Tensilica's Diamond Standard processors, tuned to TSMC's 130nm and 90nm G process, are now available for general distribution from Virage Logic. Evaluation kits may be downloaded free of charge from www.viragelogic.com. For more information, please contact [e-mail].

About Virage Logic Corporation

Founded in 1996, Virage Logic Corporation (NASDAQ:VIRL) rapidly established itself as a technology and market leader in providing advanced embedded memory intellectual property (IP) for the design of complex integrated circuits. Now, as the company celebrates its 10th anniversary, it is the leading independent physical IP provider. The company offers semiconductor IP platforms comprising embedded memories, logic, and I/Os and is pioneering the development of a new class of IP called Silicon Aware IP[TM]. Silicon Aware IP tightly integrates Physical IP (memory, logic and I/Os) with the embedded test, diagnostic, and repair capabilities of Infrastructure IP to help ensure manufacturability and optimized yield at the advanced process nodes. Virage Logic's highly differentiated product portfolio delivers higher performance, lower power, higher density and optimal yield to foundries, integrated device manufacturers (IDMs) and fabless customers who develop products for the consumer, communications and networking, hand-held and portable, and computer and graphics markets. The company uses its FirstPass-Silicon[TM] Characterization Lab for certain products to help ensure high quality, reliable IP across a wide range of foundries and process technologies. The company also prides itself on providing superior customer support and was recently named Customer Service Leader of the Year in the Semiconductor IP Market by Frost & Sullivan. Headquartered in Fremont, California, Virage Logic has R&D, sales and support offices worldwide. For more information, visit www.viragelogic.com.

About Tensilica, Inc.

Tensilica, Inc. offers the broadest line of controller, CPU and specialty DSP processors on the market today, in both an off-the-shelf format via the Diamond Standard Series cores and with full designer configurability with the Xtensa processor family. Tensilica's low-power, benchmark proven processors have been designed into high-volume products at industry leaders in the digital consumer, networking and telecommunications markets. All Tensilica processor cores are complete with a matching software development tool environment, portfolio of system simulation models, and hardware implementation tool support. For more information on Tensilica's patented approach to the creation of application-specific building blocks for SOC design, visit www.tensilica.com.

Editors' Notes:

* Tensilica and Xtensa are registered trademarks belonging to Tensilica, Inc. All other company and product names are trademarks and/or registered trademarks of their respective owners.

* Tensilica's announced licensees include Afa Technologies, ALPS, AMCC (JNI Corporation), Aquantia, Astute Networks, Atheros, ATI, Avago Technologies, Avision, Bay Microsystems, Berkeley Wireless Research Center, Broadcom, Cisco Systems, Conexant Systems, Cypress, Crimson Microsystems, EE Solutions, ETRI, FUJIFILM Microdevices, Fujitsu Ltd., Hudson Soft, Hughes Network Systems, iBiquity Digital, Ikanos Communications, LG Electronics, Lucid Information Technology, Marvell, MediaWorks, NEC Laboratories America, NEC Corporation, NetEffect, Neterion, Nethra Imaging, Nippon Telephone and Telegraph (NTT), NuFront, NVIDIA, Olympus Optical Co. Ltd., PnpNetwork Technologies, sci-worx, Seiko Epson, Solid State Systems, Sony, STMicroelectronics, Stretch, TranSwitch Corporation, u-Nav Microelectronics, Victor Company of Japan (JVC) and WiQuest Communications.

This press release includes forward-looking statements intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. The statements made in this news release, other than statements of historical fact, are forward-looking statements. Forward-looking statements are subject to a number of known and unknown risks and uncertainties, which might cause actual results to differ materially from those expressed or implied by such statements. These risks and uncertainties include Virage Logic's ability to maintain its position as a leading provider of semiconductor IP; Virage Logic's ability to continue to develop new products and develop new relationships with third-party foundries and integrated device manufacturers; adoption of Virage Logic's technologies by semiconductor companies; competition in the market for semiconductor IP platforms; statements regarding the business outlook and products; statements regarding the extent and timing of future revenues and expenses and customer demand; and other risks including those described in the company's Annual Report on Form 10-K for the period ended September 30, 2005, and in Virage Logic's other periodic reports filed with the Securities and Exchange Commission or the SEC, all of which are available from Virage Logic's website (www.viragelogic.com) or from the SEC's website (www.sec.gov). Virage Logic do not intend, and undertake no obligation, to update any forward-looking statements made in this news release.

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