San Diego, Calif. – May 29, 2001 – Silicon Wave, Inc., a leading designer and provider of RF communication system components, together with Cirrus Logic™, Inc. (Nasdaq: CRUS), the Internet audio leader, today announced a licensing agreement that adds wireless connectivity to Cirrus Logic’s Maverick™ microprocessors for Internet electronics. As a licensee of Silicon Wave, Cirrus Logic plans to combine its industry-leading audio capability with Silicon Wave’s baseband IP that incorporates Bluetooth wireless technology, enabling native Bluetooth wireless technology support on Cirrus’s Maverick chips. The new wireless capability would free Maverick processor-based electronics, such as Internet audio players, PDAs, and eBooks from cords and cables, while adding features as such as wireless headphones or wireless Internet access.

By adding wireless capability to its Internet electronic microprocessors, Cirrus' Maverick line is well positioned to take advantage of the new market. "By 2004, more than 51% of mobile computing devices shipped will be wireless-enabled," according to industry analysts' report, "Mobile Computing Devices: A New Era in Personal Computing," Cahners In-Stat Group, November 2000.

“The agreement between Cirrus Logic and Silicon Wave is intended to get products with Bluetooth wireless technology out of the lab and into the hands of consumers,” says Matthew Perry, vice president and general manager for Cirrus Logic’s Embedded Processors Division. “By combining our technologies, Silicon Wave and Cirrus Logic are well matched in delivering a seamless information exchange for mobile, low power and cable replacement applications.

No Separate Baseband Required

To accelerate progress towards integrated wireless Maverick solutions, Cirrus Logic has agreed to pay Silicon Wave a small non recurring engineering development fee over the course of the next twelve months. Through Silicon Wave’s IP licensing agreement, Cirrus Logic will be developing future Maverick processors with an integrated Bluetooth baseband and radio interface that will provide an all-in-one processing solution for both the portable device and the Bluetooth protocol software. Manufacturers will then only need an external single-chip radio modem from Silicon Wave to enable Bluetooth wireless connectivity. Silicon Wave’s high performance SiW1502™ radio modem provides low power, long range, and interference rejection technologies which further complement Cirrus Logic’s Maverick processor, the leading processor choice for many smart handhelds including portable digital audio players.

“We are pleased to have Cirrus Logic as a premier licensee for our baseband IP program announced in February, and we see strong synergy between their audio capability and our baseband IP,” said Jarvis Tou, vice president of marketing and business development for Silicon Wave. “Combining Maverick with our SiW1502 radio modem will offer high performance and low power characteristics which will deliver a superior user experience.”

About Silicon Wave Inc.

Based in San Diego, Silicon Wave designs and produces RF communication system components that consistently deliver superior user experience. Silicon Wave products include baseband, radio modem and software solutions for Bluetooth wireless communications and a complete line of silicon tuners for cable modems and digital set-top boxes. Founded in 1997, the company was the first to deliver a fully qualified, single-chip radio modem for Bluetooth communications and first to achieve Bluetooth version 1.1 qualification for its products. Silicon Wave is an Associate Member of the Bluetooth Special Interest Group. The company's Web site is located at www.siliconwave.com.

Silicon Wave, the diamond logo and the SiW product name prefix are trademarks of Silicon Wave Inc. Bluetooth is a trademark owned by Telefonaktiebolaget L M Ericsson, Sweden and licensed to Silicon Wave. All other product, service and company names are trademarks, registered trademarks or service marks of their respective owners.

Maverick

Maverick technology continues to strengthen its market position as favorite chip of designers of second and third-generation portable consumer Internet products. Maverick engineers increasingly choose to leverage key Maverick processor features in Internet appliances and Internet audio players, including a choice of:

• Operating systems including: Linux, WinCE, eCOS, EPOC, Palm OS and VxWorks
• Alternative data storage methods including FLASH, hard drives, CD ROMs, CD R/W or iOmega’s PocketZip™ magnetic media.
• MP3, WMA and AAC compression/decompression standards
• Multiple levels of security including MaverickLock™ and MaverickKey™ security technologies
• Maverick chips are designed into a variety of Internet entertainment devices including Personal Digital Assistants (PDAs), Internet TVs, Internet TV set-top boxes, eBooks, Web-based entertainment, network-based home audio players, digital car audio players and 70 percent of the portable Internet audio players sold worldwide last year. After only six months of production, Cirrus Logic shipped its millionth Maverick processor in August 2000. More information about Cirrus Logic’s Maverick processor is available at www.cirrus.com.

About Cirrus Logic

Cirrus Logic is the premiere supplier of high-performance analog and DSP chip solutions for consumer entertainment electronics that allow people to see, hear, connect, and enjoy digital entertainment. Building on its global market share leadership in audio integrated circuits and its rich mixed-signal patent portfolio, the company targets mainstream audio, video and Internet entertainment applications in the consumer entertainment market. Cirrus Logic operates from headquarters in Austin, Texas and major sites located in Fremont, California and Broomfield, Colorado, as well as offices in Europe, Japan and Asia. More information about Cirrus Logic is available at www.cirrus.com.

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Safe Harbor Provision

Except for historical information contained herein, the matters set forth in this news release are forward-looking statements that are dependent on certain risks and uncertainties including such factors, among others as successfully integrating Silicon Wave’s technology with Cirrus Logic’s products; overall conditions in the semiconductor market; the rate of consumer electronics market adoption of new products; customer cancellations of orders, or the failure to place orders consistent with forecasts; unforeseen manufacturing difficulties; hardware or software deficiencies; delays in customer qualification of key new products; final determination of appropriate inventory write-downs based on the outlook at the end of each quarter; and the risk factors listed in the company's Form 10-K for the year ended March 25, 2000, and in other filings with the Securities and Exchange Commission. The foregoing information concerning Cirrus Logic’s business outlook represents our outlook as of the date of this news release, and Cirrus Logic undertakes no obligation to update or revise any forward-looking statements, whether as a result of new developments or otherwise.

This press release contains forward-looking statements. These statements are not historical facts and are subject to a number of risks and uncertainties, and actual results may differ materially. Factors that could limit the Bluetooth solution’s success include our ability to introduce new products on a timely basis and the cyclical nature of the industry.

Note to editors: Cirrus Logic®,Maverick™, MaverickLock™ and MaverickKey™ are trademarks of Cirrus Logic Inc. All other product names noted herein may be trademarks of their respective holders.