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Cirrus Logic Signs Strategic Supply Agreement For Its 3Ci™ Hard Disk Drive Chips

AUSTIN, Texas – July 27, 2000 – Cirrus Logic Inc.(NASDAQ:CRUS), the integration leader in advanced semiconductor products for the magnetic storage market, today announced that it has entered into a strategic supply agreement with Fujitsu, one of its largest customers. In the agreement, Fujitsu’s hard-disk drive division has agreed to purchase about $200 million of Cirrus Logic’s 3Ci™ magnetic storage chips during the next 12 months.

Cirrus Logic

Cirrus Logic is a premier supplier of high-performance analog and DSP chip solutions for Internet entertainment electronics. Building on its global market share leadership in audio integrated circuits and its rich mixed-signal patent portfolio, the company targets high-volume audio, storage and communications applications. Cirrus Logic sells its products under the Crystal®, Maverick™ and 3Ci™ brands as well as its own name. Founded in 1984 in Silicon Valley, Cirrus Logic operates from headquarters in Austin, Texas and major sites located in Fremont, California and Broomfield, Colorado as well as offices in Europe, Japan and Asia. More information about Cirrus Logic is available at www.cirrus.com.

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Safe Harbor Provision

Any forward looking statements and all other statements that may be made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Please refer to Cirrus Logic’s current Form 10-K and other filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ.

Note to editors: Cirrus Logic and Crystal are registered trademarks of Cirrus Logic Inc. All other product names noted herein may be trademarks of their respective holders.

Media Contacts

Jo-Dee Benson
Vice President and
Chief Culture Officer
(512) 851-4653
jodee.benson@cirrus.com
 
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