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Fabless Semiconductor Association Presents NetLogic Microsystems With Award for Outstanding Financial Performance By a Public Fabless Company

Posted on: Monday, 13 December 2004, 12:00 CST

NetLogic Microsystems Recognized for Financial Excellence

NetLogic Microsystems, Inc., (Nasdaq:NETL), the leader in the design and development of knowledge-based processors, today announced it received an "Outstanding Financial Performance by a Public Fabless Company" award from the Fabless Semiconductor Association (FSA).

Public companies doubling either revenue or net income (no negative quarters, and only using financial results on a GAAP, and not on a pro forma, basis) over eight consecutive quarters ending September 2004 were eligible to receive the "Outstanding Financial Performance" award.

"NetLogic Microsystems repeats its superior financial track record, winning another award from the FSA for outstanding financial performance," stated Jodi Shelton, co-founder and executive director of the FSA. "We salute the company and its innovation in the knowledge-based processor market."

"We are honored to receive this award from such a well-respected association like the FSA," said Ron Jankov, president and CEO of NetLogic Microsystems. "NetLogic Microsystems was recognized last year as a private company for outstanding financial performance and our ability to achieve this kind of financial performance as a public company, especially during volatile market conditions, validates our technology leadership and outstanding teamwork. It is our goal to continue to grow our revenues with established tier one customers as we continue to deliver best-of-breed knowledge-based processor solutions for the industry."

NetLogic Microsystems was recognized with the "Outstanding Financial Performance by a Public Fabless Company" award during the FSA's Awards Dinner Celebration on Dec. 9, 2004 in Santa Clara, Calif. The FSA's annual event celebrates leadership in the fabless semiconductor industry by recognizing companies that have demonstrated excellence through their success, vision, strategy and future opportunity.

About the Fabless Semiconductor Association:

The FSA is the global voice of fabless and hybrid semiconductor companies and their foundry and supply-chain partners. Incorporated in 1994, the Association (www.fsa.org) is focused on the perpetuation of the fabless business model throughout the worldwide semiconductor industry. The organization encourages the relationship between semiconductor companies and suppliers; facilitates business partnerships; creates awareness of the fabless/outsourced business model; disseminates industry data; and fosters standards and policies.

FSA members include fabless companies, integrated device manufacturers (IDMs), foundry providers, packaging/assembly houses, intellectual property providers, electronic design automation companies, OEMs, photomask companies, design software companies, investment bankers, venture capitalists and other companies. FSA members represent more than 21 countries spanning North America, Asia-Pacific, Europe and the Middle East.

About NetLogic Microsystems

NetLogic Microsystems, Inc. (Nasdaq:NETL), a fabless semiconductor company located in Mountain View, Calif., designs, develops and markets high performance knowledge-based processors for a variety of advanced Internet, corporate and other networking systems, such as routers, switches, network access equipment and networked storage devices. NetLogic Microsystems knowledge-based processors use advanced processor architecture and a large knowledge database containing network and network user information to make complex decisions about individual packets of information traveling through the network. Knowledge-based processors significantly enhance the ability of networking OEMs, to supply network service providers with systems offering more advanced functionality for the Internet, such as voice transmission over the Internet, or VoIP, virtual private networks, or VPNs, and streaming video and audio. NetLogic Microsystems also provides NPU interface knowledge-based processors solutions to Intel and AMCC network processors that accelerate design and development of leading-edge networking equipment. For more information about products offered by NetLogic Microsystems, call 650-961-6676 or visit the NetLogic Microsystems Web site at http://www.netlogicmicro.com.

NetLogic Microsystems and the NetLogic Microsystems logo are trademarks of NetLogic Microsystems, Inc. All other trademarks are properties of their respective owners.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding NetLogic Microsystems' business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, customer acceptance and demand for our products, the volume of sales to our principal product customers, manufacturing yields for our products, the timing of manufacture and delivery of product by our foundry suppliers, the length of our sales cycles, our average selling prices, the strength of the OEM networking equipment market and the cyclical nature of that market and the semiconductor industry. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's registration statement on Form S-1, as amended, as well as other reports that NetLogic Microsystems files from time to time with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and NetLogic Microsystems undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

Source: Business Wire

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