Cypress Reports Third-Quarter 2013 Results

+ Cypress named David Loftus Executive Vice President of Sales and Applications. Loftus joins Cypress from Intersil Corp., where he had served as the Senior Vice President of Worldwide Sales and Corporate Marketing since 2008. The Georgia Tech graduate has more than 20 years of experience in the semiconductor industry. Prior to Intersil, Loftus spent 17 years at Xilinx in various sales and business unit positions, including Vice President and General Manager of the General Products Division and Vice President and Managing Director of Xilinx Asia Pacific based in Hong Kong.

+ Cypress introduced version 3.0 of its PSoC® Creator™ Integrated Design Environment (IDE) for its PSoC 3, PSoC 4 and PSoC 5LP programmable system-on-chip architectures. The new version reduces the compiled code size and includes significant improvements to the integrated firmware editor. It also allows users to configure their PSoC designs and export them to various ARM® IDEs.

+ KORG selected PSoC 3 to implement touchpad and slider controls, voltage sequencing and signal-conversion in its kaossilator 2 and mini kaoss pad 2 portable synthesizers. PSoC 3 integrates three chips from previous-generation Korg products into a one-chip solution.

+ Griffin Technology selected PSoC 3 for its StudioConnect, StudioConnect with Lightning, MIDIConnect and GuitarConnect Pro products, which enable users to connect guitars, keyboards and musical equipment to their Apple iOS devices for recording and mixing. A single PSoC 3 manages both the digital audio interface and Apple’s proprietary MFi (Made for iPod | iPhone | iPad) protocol in these products, enabling communication with Apple devices via the company’s all-digital Lightning connectors.

+ Expanding its TrueTouch Gen5 family, Cypress introduced a new touch controller that brings the world’s best noise-immunity technology to superphones, smartphones, e-readers and tablets with screens up to 8.3 inches. The TMA568 controller also supports a 2.0-mm-tip passive stylus, enabling touchscreens to capture characters as small as 7 mm—an important capability for writing in languages such as Chinese and Japanese. The controller also rejects unintended touch inputs from a user’s palm resting on the screen.

+ Huawei designed TrueTouch controllers into four separate smartphones. Two of these phones use the TrueTouch Gen4 controller, which enables users to navigate touchscreens even through thick gloves in cold weather. Gen 4 also delivers best-in-class touchscreen performance in the presence of electronic noise from after-market chargers.

+ Cypress announced a new CapSense® Express™ capacitive touch-sensing controller family that is optimized to quickly and simply replace mechanical buttons on the front panels of industrial and consumer applications, portable medical devices, gaming devices and home automation systems. The simplicity of use comes from Cypress’s EZ-Click™ software, which streamlines the configuration of these new CapSense controllers to accelerate time-to-market.

+ Cypress expanded its portfolio of programmable, 5-Gbps SuperSpeed USB 3.0 controllers with three devices targeting new applications. The first device, the EZ-USB® CX3™ camera controller, adds USB 3.0 connectivity to image sensors with the standardized Camera Serial Interface (CSI). CX3 is ideally suited for high-definition, high-speed imaging applications. The second device, the EZ-USB FX3S™ storage controller, enables simultaneous links among storage media, an applications processor and a USB 3.0 host. This unrestricted three-way data flow enables new classes of portable devices. The third device, the EZ-USB FX3™ CSP controller is the industry’s smallest USB 3.0 device with a footprint that is 75% smaller than its BGA counterpart.

+ Lenovo, the world’s leading PC supplier, selected Cypress’s PRoC™-UI (Programmable Radio-on-Chip User Interface) solution for its new SmartTouch N800 wireless touch mouse. The single-chip PRoC-UI wireless connectivity solution supports Windows 8 standard gestures.

+ LSI selected Cypress’s nonvolatile Static Random Access Memories (nvSRAMs) for its new 12Gb/s SAS Host Bus Adapter family, used in high-performance servers and storage systems. nvSRAMs were selected because of their high-speed performance, low voltage operation and ability to retain data on power loss. Cypress leads the nonvolatile RAM market with a portfolio that includes the world's fastest (nvSRAM), highest-density (AGIGARAM®), and lowest-power (F-RAM) nonvolatile RAM products.

+ Cypress announced that its Board of Directors approved a quarterly cash dividend of $0.11 per share, payable to holders of record of the company’s common stock as of the close of business on September 26, 2013. This dividend will be paid on October 17, 2013.

ABOUT CYPRESS

Cypress delivers high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and exceptional system value. Cypress offerings include the flagship PSoC 1, PSoC 3, PSoC 4, and PSoC 5 programmable system-on-chip families. Cypress is the world leader in capacitive user interface solutions including CapSense touch sensing, TrueTouch touchscreens, and trackpad solutions for notebook PCs and peripherals. Cypress is a world leader in USB controllers, which enhance connectivity and performance in a wide range of consumer and industrial products. Cypress is also the world leader in SRAM and nonvolatile RAM memories. Cypress serves numerous major markets, including consumer, mobile handsets, computation, data communications, automotive, industrial, and military. Cypress trades on the NASDAQ Global Select Market under the ticker symbol CY. Visit Cypress online at www.cypress.com.

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