Cypress to Ring NYSE Opening Bell on May 30 to Celebrate 20 Years As a Publicly Traded Company

SAN JOSE, Calif., May 26, 2006 - Cypress Semiconductor Corp. (NYSE: CY) will ring The Opening BellSM at the New York Stock Exchange on Tuesday, May 30, 2006 at 9:30 a.m. Eastern to celebrate 20 years as a publicly traded company.

Cypress, a Silicon Valley-based chipmaker founded in 1982, made its initial public offering on the Nasdaq in 1986 before making a jump to the “Big Board” in 1988. The company’s founder and CEO, T.J. Rodgers is the longest-standing CEO of a semiconductor company on the NYSE(1).

“The semiconductor landscape has changed significantly over the past 20 years, but what has remained constant is innovation,” said Rodgers. "Innovation has driven Cypress from $50 million in revenues in 1986 to a $1 billion run rate today; and innovative products like our PSoC® mixed-signal array and SunPower solar cells will drive future revenue growth.

“We thank all of our stockholders and employees who have made this innovation possible through their investments and involvement in Cypress over the past 20 years,” Rodgers said.

For more information or a photograph from the opening bell ceremony, please contact Ed Rebello at 408-545-7665, ewr@cypress.com.


About Cypress:

Cypress solutions perform: consumer, computation, data communications, automotive, industrial, and solar. Leveraging proprietary silicon processes, Cypress’s product portfolio includes a broad selection of wired and wireless USB devices, CMOS image sensors, timing solutions, specialty memories, high-bandwidth synchronous and micropower memory products, optical solutions and reconfigurable mixed-signal arrays. Cypress trades on the NYSE under the ticker symbol CY. Visit us at www.cypress.com.

(1) Verified by Cypress using data from the NYSE, member websites and media coverage.

Contact Information

Ed Rebello

Press Contact

Cypress Semiconductor Corp.

Contact via E-mail