Virtual Silicon Moves Worldwide Headquarters

SUNNYVALE, Calif. —April 21, 2003 - Virtual Silicon Technology, Inc., a leader in semiconductor intellectual property, today announced it has moved its worldwide headquarters to a new location in Sunnyvale, Calif. Virtual Silicon will expand its office space to meet the needs of its growing business.

"Virtual Silicon's broad portfolio of products available at leading foundries has resulted in the company's continued growth, even in difficult economic times," said Barry Hoberman, Virtual Silicon president and CEO. "Our move makes it possible for us to consolidate our operations under one roof and allow more room for efficient operations. The new facility will support our planned expansion for the foreseeable future."

Virtual Silicon's new headquarters is located at 1322 Orleans Drive, Sunnyvale, Calif., and encompasses approximately 20,000 square feet and will house all of Virtual Silicon's local employees. The move from Virtual Silicon's previous headquarters location in Sunnyvale is effective immediately.

About Virtual Silicon Technology
Virtual Silicon is a leading supplier of semiconductor intellectual property and process technology to manufacturers and designers of complex systems-on-chip (SoC). Headquartered in Sunnyvale, CA, the company provides process-specific embedded components that serve the wireless, networking, graphics, communication and computing markets. Customers include leading fabless semiconductor companies, integrated semiconductor manufacturers, foundries, and SoC developers who demand leading edge technology for their semiconductor innovations. For more information, call (408) 548-2700 or visit Virtual Silicon online at www.virtual-silicon.com.

The Heart of Great Silicon, Silicon Ready and Virtual Silicon are trademarks of Virtual Silicon Technology, Inc.

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