Virage Logic Appoints Industry Executive to Board of Directors

FREMONT, Calif., May 26, 2010 -- Virage Logic Corporation (Nasdaq:VIRL), the semiconductor industry's trusted IP partner, announced the appointment of Manoj Gujral to the company's Board of Directors. Gujral, with more than 23 years of semiconductor industry experience, currently serves as Vice President and General Manager, Broadband and Consumer Division of Cavium Networks, a leading provider of highly integrated semiconductor products that enable intelligent processing for networking, communications and the digital home.

"We are pleased to welcome Manoj to our Board of Directors," said J. Daniel McCranie, executive chairman of Virage Logic. "His deep technical and market expertise in semiconductor system-on-chip (SoC) products will be a valuable addition to our board of directors. Virage Logic has expanded the company's product portfolio, becoming the broadest provider of building block IP elements to the semiconductor industry. With this transition, we will welcome the insight and guidance that Manoj can provide to us, from a user's perspective."

"As a semiconductor industry veteran, I have watched Virage Logic transform itself from a single product embedded memory provider to that of a broad line semiconductor IP partner offering everything from processor and high speed interface IP solutions to embedded test and yield optimization solutions and logic libraries," said Manoj Gujral. "With the continuing disaggregation trend taking place in the semiconductor industry, this expansion strategy has been spot-on in enabling Virage Logic to service not only the fabless companies, but also the world's leading integrated device manufacturers such as NXP. I am honored to join the company's experienced board and strong management team as we build upon the record results the company is on track to deliver in fiscal 2010."

About Manoj Gujral

Currently, Manoj is the Vice President and General Manager, Broadband and Consumer Division at Cavium Networks. From 2005 to 2010, Gujral served as General Manager of NVIDIA's Desktop Business that provides GPU and chipset products across all original equipment manufacturer (OEM) customers. Prior to NVIDIA, Gujral served as Managing Director of the Specialty Memory business unit at Cypress Semiconductor from 2003 to 2005. In the fifteen years prior to joining Cypress, Gujral held positions of increasing management responsibility with such companies as Raza Foundries, ShareWave and Unisys.

Gujral received his MSEE from Oregon State University in 1987 and his MBA from San Jose State University.

About Virage Logic

Virage Logic is a leading provider of semiconductor intellectual property (IP) for the design of complex integrated circuits. The company's highly differentiated product portfolio includes processor solutions, interface IP solutions, embedded SRAMs and NVMs, embedded test and yield optimization solutions, logic libraries, and memory development software. As the semiconductor industry's trusted IP partner, more than 400 foundry, IDM and fabless customers rely on Virage Logic to achieve higher performance, lower power, higher density and optimal yield, as well as shorten time-to-market and time-to-volume. For further information, visit http://www.viragelogic.com.

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