AUSTIN, Texas – December 9, 2002 – Marantz America, a premier supplier of specialist audio and high-end video components for nearly 50 years, has selected Cirrus Logic, Inc. (Nasdaq: CRUS), to provide digital signal processing and audio conversion capabilities for a family of new audio/video receivers (AVRs) that offers exceptional performance across a range of consumer price points.

Marantz’s Cirrus-powered, 6.1-channel SR7300, SR6300, SR5300 and SR4300 receivers are upgraded versions of popular, previously released models. The new receivers feature higher power output and greater compatibility with the latest surround sound formats, such as 6.1 Dolby® Digital EX and Dolby® Pro Logic® II. The units also include enhancements such as 24-bit, 192 kHz digital-to-analog conversion on all channels (all models except the SR4300) and other advanced features.

The enhancements are made possible by Cirrus Logic’s CS49400 digital signal processor (DSP), which powers the SR7300 model, and by Cirrus’ CS49329 DSP, which powers the SR6300, SR5300 and SR4300 models.

The CS49400 is one of the industry’s highest performance single-chip audio processing solutions, and supports a wide range of state-of-the-art surround sound formats and sound enhancement programs. The part delivers a comprehensive, integrated solution that produces extraordinary sonic realism for high-performance, high-volume consumer systems.

“This design win reinforces Cirrus Logic’s leadership position in the AVR space and continues our strong working relationship with Marantz America,” said Terry Leeder, senior vice president, Sales and Marketing, Cirrus Logic. “The design win also underscores Cirrus’ Total-E™ solutions strategy by including our CS5361 analog-to-digital converters (A/D converters) and CS4382 digital-to-analog converters (D/A converters) in the Marantz system solution.”

Cirrus’ CS5361 converter is ideal for all audio applications requiring wide dynamic range, negligible distortion and low noise. It delivers a 192 kHz sampling rate and 114 dB dynamic range. The CS4382 DAC supports eight channel audio and offers performance distinction by providing the highest dynamic range (114 dB) and the lowest distortion (0.0009%) available in today's multichannel converter market.

The new Marantz receivers are available now at specialty audio retailers throughout the United States.

Cirrus Logic, Inc.

Cirrus Logic is a premier 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, with offices in California, Colorado, Europe, Japan and Asia.

Marantz America

Marantz America is committed to upholding the tradition of technological superiority initiated by founder Saul Marantz nearly fifty years ago. In keeping with this emphasis on quality, Marantz audio and video components are carried only by the nation’s premier independent audio/video specialty retailers.

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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 the ability of the CS49400 and CS49329 to perform as expected and the risk factors listed in the company's Form 10-K for the year ended March 30, 2002, 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, except as required by law.

Cirrus Logic is a trademark of Cirrus Logic, Inc. All other product names noted herein may be trademarks of their respective holders.