BROOMFIELD, Colo. – March 11, 2003 – Peak Audio, the Commercial Audio Products business of Cirrus Logic, Inc. (Nasdaq: CRUS), announced the CS18101 digital audio networking processor, the first release of CobraNet™ technology integrated into a microprocessor. CobraNet, developed and marketed by Peak Audio, is the professional audio industry’s leading technology for distributing uncompressed, real-time, digital audio over a Fast Ethernet network.

The introduction of the CS18101 will result in a significant reduction in the cost of incorporating CobraNet technology into a product, allowing manufacturers to offer audio networking in a lower-cost class of products. Capable of handling eight bi-directional audio channels, the new CS18101 is ideal for use in powered speakers, power amplifiers, signal processing devices and mixing consoles.

The CS18101 will be available through a licensing agreement to manufacturers of high-performance audio equipment. Currently, 37 leading manufacturers have chosen CobraNet as their solution for audio networking.

“While CobraNet is currently the technology of choice in products marketed by many of the industry’s leading manufacturers, it is still primarily utilized in their higher-end products,” states Rich Zwiebel, vice president of Commercial Audio Products, Cirrus Logic. “Those companies have looked to us for a lower-cost solution and the CS18101 is designed to address that need in the marketplace. The introduction of the CS18101 will open up the much larger, mid- and lower-end markets to CobraNet technology. CobraNet on a chip has been a product development focus for us, and we are pleased to announce availability of this new product in late 2003.”

Along with the CS18101, Cirrus will also be introducing the CM-2 module as a complement to the existing CM-1 module. The CM-2 utilizes the CS18101 and is the same size and footprint, and is plug-compatible with the CM-1. This will allow manufacturers the ability to adapt the new lower cost module seamlessly into many existing products.

Pricing and Availability

The CS18101 and CM-2 will be in sample production in the summer of 2003 with full production scheduled in Q4 of 2003. Pricing is not available.

Cirrus Logic, Inc.

Cirrus Logic, Inc., 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 operates from headquarters in Austin, Texas, and major sites located in California and Colorado, as well as offices in Europe, Japan and Asia.

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 CS18101 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 and CobraNet are trademarks of Cirrus Logic, Inc. All other product names noted herein may be trademarks of their respective holders.