Virage Logic Key Participant in Inaugural Armenian Tech. Congress

Business Wire (press release), CA
June 26 2007

Virage Logic Key Participant in Inaugural Armenian Technology
Congress

Semiconductor IP Leader Helps Promote Strength of Country’s
Engineering Talent

ArmTech Congress 2007

FREMONT, Calif.–(BUSINESS WIRE)–Virage Logic Corporation
(NASDAQ:VIRL), the semiconductor industry’s trusted IP partner and
pioneer in Silicon Aware IP’, today announced its participation in
the inaugural Armenia Technology Congress (ArmTech Congress 2007) to
be held July 4-7, 2007, at the Fairmont Hotel in San Francisco. The
company boasts a significant presence in the Southwest Asian nation
and has contributed the time and talents of key executives –
including President and Chief Executive Officer (CEO) Dan McCranie,
who will deliver a keynote address, and Vice President and Chief
Scientist Dr. Yervant Zorian, who serves as Program Chair – to help
define and execute the conference program.

`Virage Logic’s extensive participation in ArmTech Congress 2007
reflects our deep commitment to Armenia as a center for world-class
engineering talent and a region in which we expect continued
expansion,’ said Dan McCranie, president, CEO and director of Virage
Logic. `We are proud to support this inaugural conference and I trust
that anyone who attends will come away with a profound appreciation
for the wealth of intellectual resources Armenia has to offer.’

Virage Logic in Armenia

Recognizing a vital source of technology engineering talent, Virage
Logic established its research and development center in Armenia in
1999, three years after the company’s founding. Today the company’s
more than 100 employees in Armenia account for nearly one-quarter of
its worldwide workforce and contribute to several important product
development initiatives. The Armenian research and development (R&D)
organization is central to the company’s groundbreaking Self-Test and
Repair (STAR) Memory System’, the semiconductor industry’s first
integrated embedded test and repair memory system and the first of
the company’s Silicon Aware IP solutions. In addition to development
of the STAR Memory System, the Armenian engineering team is involved
in the development of the company’s software, NOVeA® non-volatile
embedded memory product, I/O products and overall memory design.

`Our Armenia R&D center was largely responsible for the STAR Memory
System, a significant product that has enabled customers to improve
their semiconductor yield by up to 250 percent,’ said Dr. Zorian.
`Based on the consistent innovation and results our Armenian
engineers have produced, we see our growing investment in the region
as offering substantial dividends for our products and our
customers.’

About ArmTech Congress 2007

The inaugural ArmTech Congress 2007 is expected to draw several
hundred attendees – from the United States, Armenia and around the
world – from various disciplines including technology, investment,
government and academia. The conference program will offer tracks on
Education, Telecom, Software, Digital Media, Semiconductor Design and
Test, Renewable and Alternative Energy, Research and Development,
Investment, Bio Tech, and Fine Chemical Technologies to showcase the
breadth of opportunities in Armenia. For more information or to
register for the conference, please visit

Virage Logic at ArmTech Congress 2007

The following sessions include participants from Virage Logic’s U.S.
and Armenia operations:

Thursday, July 5
8:30 a.m. to 10:20 a.m.
Keynote Address: "Program Introduction"
Dr. Yervant Zorian, vice president and chief scientist, Virage Logic;
ArmTech Congress 2007 Program Chair

10:50 a.m. to 12:10 p.m.
Paper Presentation: "Digital Media Content: E-Learning"
Dr. Yervant Zorian, vice president and chief scientist, Virage Logic;
ArmTech Congress 2007 Program Chair

1:40 p.m. to 3:00 p.m.
Paper Presentation: "Demand in High Tech Education"
Varoujan Maserejian, general manager, Virage Logic Armenia,
Samvel Shoukourian, research and development program director, Virage
Logic Armenia, and Dr. Yervant Zorian, vice president and chief
scientist, Virage Logic; ArmTech Congress 2007 Program Chair

Friday, July 6
8:30 a.m. to 10:20 a.m.
Keynote Address: "Semiconductor Industry: Opportunities and
Challenges"
Dan McCranie, president, CEO and director, Virage Logic

10:50 a.m. to 12:10 p.m.
Track Organizer: "High Tech Research and Innovation in Armenia"
Samvel Shoukourian, research and development program director, Virage
Logic Armenia

1:40 p.m. to 3:00 p.m.
Paper Presentation: "R&D Collaboration and Affiliate Programs"
Valery Vardanian, manager embedded test & repair methodology team,
Virage Logic Armenia, and Avetik Yessayan, senior manager
system-on-chip interface team, Virage Logic Armenia

Invited Presentation: "Semiconductor Manufacturability Challenges &
Opportunities"
Dr. Yervant Zorian, vice president and chief scientist, Virage Logic;
ArmTech Congress 2007 program chair

Saturday, July 7
10:50 a.m. to 12:10 p.m.
Congress Report: "ArmTech 2007 Concluding Results"
Dr. Yervant Zorian, vice president and chief scientist, Virage Logic;
ArmTech Congress 2007 program chair
Virage Logic Availability for the Media

Dan McCranie and Dr. Yervant Zorian will be available for press
interviews regarding Armenia and the company’s operations there
during ArmTech Congress 2007, July 4-7. To arrange an interview,
please contact James McIntyre at [email protected]. Additionally, Dr.
Zorian will be in Armenia July 14-19 and is available for interviews
with local media. To arrange an interview, please contact Peter
Maghdashyan at [email protected]. For more information
about ArmTech Congress 2007, please visit
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