Dr. Yervant Zorian Wins IEEE’s Hans Karlsson Award for Technical Lea

Business Wire (press release), CA
Nov 3 2006

Dr. Yervant Zorian Wins IEEE’s Hans Karlsson Award for Technical
Leadership and Achievement Through Collaboration

Virage Logic Chief Scientist Recognized for Leadership, Outstanding
Diplomacy, Team Facilitation, and Joint Achievement in the Computer
Industry

FREMONT, Calif.–(BUSINESS WIRE)–Dr. Yervant Zorian, vice president
and chief scientist at Virage Logic Corporation (Nasdaq: VIRL), a
pioneer in Silicon Aware IP~Y and leading provider of semiconductor
intellectual property (IP) platforms, has garnered numerous awards
for his leadership and technology innovation in embedded test and
repair of semiconductor IP. Adding to his list of honors, Dr. Zorian
this week received the Hans Karlsson Award for Technical Leadership
and Achievement Through Collaboration from the IEEE (Institute of
Electrical and Electronics Engineers) Computer Society in recognition
of outstanding skills and dedication to diplomacy, and joint
achievement.

The award was presented on November 1, 2006, in Southern California,
at a special banquet. Deborah Cooper, president of the IEEE Computer
Society, presented Dr. Zorian with the award and noted, "I am pleased
to present this award to Dr. Yervant Zorian, whose seminal work in
shaping the semiconductor industry honors Hans Karlsson’s memory. At
the core of the Hans Karlsson Award is recognition of technical
leadership, diplomacy, and joint achievement. Dr. Zorian’s work as a
founder, leader, and advocate of IEEE Standard 1500 put to the test
his honed diplomatic skills. His outstanding achievement working with
a highly diverse team is testament to his exemplary leadership
skills. We are fortunate to have Yervant as a leader, a colleague and
friend of the IEEE Computer Society."

The IEEE Computer Society’s selection committee, comprising
distinguished professionals in the computer industry, selected Dr.
Zorian based on nominations and recommendations from his peers. The
Hans Karlsson Award recognizes teamwork in areas of the computer
industry where individual aspirations, corporate, and organizational
rivalry can hinder collaboration. Since its inception in 1992, the
award has only been given six times.

"Yervant is a recognized visionary in the industry and a key member
of the Virage Logic executive team. His contributions in the area of
embedded memory test and repair helped Virage Logic define a new
class of IP that we call ‘Silicon Aware IP’," said Adam Kablanian,
president and CEO at Virage Logic. "The benefits this IP provides in
terms of yield optimization and cost savings have helped to further
establish Virage Logic as the industry’s trusted IP partner."

Dr. Zorian joined Virage Logic in 2000 and became an immediate
catalyst for collaboration and teamwork. Dr. Zorian’s work was key in
Virage Logic’s development of a new class of IP called Silicon Aware
IPTM. Silicon Aware IP is Physical IP, such as memories, logic and
I/Os, designed with embedded Infrastructure IP for test, diagnostics,
repair, and yield enhancements. The result is IP that is high
yielding and enables rapid time-to-volume at advanced process nodes.
In addition, Silicon Aware IP results in much higher test quality and
reliability. Today, Virage Logic believes it is the leading
commercial IP provider to offer Silicon Aware IP, an example of which
is its Self-Test and Repair (STAR) Memory SystemTM.

"I am honored to receive this prestigious award," said Dr. Zorian, in
his acceptance speech. "I feel fortunate to work closely with so many
talented and forward-thinking individuals in the semiconductor
industry. Our teamwork has fostered system-on-chip test
interoperability throughout the industry, and allowed us at Virage
Logic to leverage it and extend it further to achieve self-repair in
our Silicon Aware IP, and thus create innovative and exceptional
results that I am extremely proud of."

A photo of Yervant Zorian is available upon request.

About Dr. Zorian

Dr. Zorian joined Virage Logic in 2000 as chief scientist. Prior to
joining Virage Logic, he served as chief technology advisor at
LogicVision and as a distinguished member of technical staff at AT&T
Bell Labs. His responsibilities included developing and disseminating
embedded test and repair solutions for IP cores, chips, boards and
systems. Dr. Zorian also serves on the Board of Directors of several
public and privately owned companies.

Dr. Zorian served as the IEEE Computer Society Vice President for
Conferences and Tutorials as well as the Editor-in-Chief Emeritus of
the IEEE Design & Test of Computers. He also participates in
editorial advisory boards of IEEE Spectrum and JETTA. He has chaired
numerous conferences, symposia, workshops, and the IEEE Test
Technology Technical Council. He founded and chairs the IEEE 1500
Standard Working Group, and the IEEE Infrastructure IP Workshop and
Design-for-Manufacturability & Yield Workshop.

Dr. Zorian has authored over 300 papers and four books, received
several best paper awards, and holds fourteen U.S. patents. He is a
Golden Core Member of IEEE Computer Society, Honorary Doctor of the
National Academy of Sciences of Armenia, and a Fellow of IEEE. He was
the 2005 recipient of the prestigious IEEE Industrial Pioneer Award.
He was also selected by Electrical Engineering Times (EE Times) among
the top 13 influencers on the semiconductor industry. Dr. Zorian
received his master’s degree in Computer Engineering from the
University of Southern California, a doctorate in Electrical
Engineering from McGill University and an executive master’s degree
in Business Administration from Wharton School of Business,
University of Pennsylvania.

About the Hans Karlsson Award

This award, given by the IEEE Computer Society, was established in
1992 in memory of Hans Karlsson, chairman and father of the IEEE 1301
family of standards. The award is presented in recognition of
outstanding technical skills and dedication to diplomacy, team
facilitation and joint achievement, in areas of the computer industry
where individual aspirations, corporate and organizational rivalry
could otherwise be counter to the common good.

About the IEEE Computer Society

IEEE Computer Society is the world’s leading association of computing
professionals with 100,000 members in over 140 countries. Founded in
1946 and today the largest society within the IEEE, this
not-for-profit organization is the authoritative provider of
technical information and services for computing communities
worldwide. It offers a full range of career enhancing products and
services through its 124,000-article digital library, 20+
peer-reviewed print publications, distance learning courseware,
online technical books, 150 technical conferences, standards
development, 32 technical committees, certification for software
professionals, 200 local society chapters, awards and scholarships,
and much more. Visit IEEE Computer Society at

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 a global leader in 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 provides 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

SAFE HARBOR STATEMENT FOR VIRAGE LOGIC UNDER THE PRIVATE SECURITIES
LITIGATION REFORM ACT OF 1995:

Statements made in this news release, other than statements of
historical fact, are forward-looking statements, including, for
example, statements relating to industry and company trends, business
outlook and products. 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 improve its operations; its ability to
forecast its business, including its revenue, income and order flow
outlook; Virage Logic’s ability to execute on its strategy to become
a provider of semiconductor IP platforms; Virage Logic’s ability to
continue to develop new products and maintain and develop new
relationships with third-party foundries and integrated device
manufacturers; adoption of Virage Logic’s technologies by
semiconductor companies and increases or fluctuations in the demand
for their products; the company’s ability to overcome the challenges
associated with establishing licensing relationships with
semiconductor companies; the company’s ability to obtain royalty
revenues from customers in addition to license fees, to receive
accurate information necessary for calculating royalty revenues and
to collect royalty revenues from customers; business and economic
conditions generally and in the semiconductor industry in particular;
competition in the market for semiconductor IP platforms; 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 SEC, all of which are
available from Virage Logic’s website () or from
the SEC’s website (), and in news releases and other
communications. Virage Logic disclaims any intention or duty to
update any forward-looking statements made in this news release.

Contacts
Virage Logic Corporation
Sabina Burns, 510-743-8115
[email protected]
or
McCle nahan Bruer Communications
Venera Cushman, 503-546-1035
[email protected]

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