SST Targets Entry-Level Handsets With New Enhanced Performance, Low-Power ComboMemory Series

SST (Silicon Storage Technology, Inc., NASDAQ: SSTI), a leader in flash memory technology, today announced the 34WA Series of 1.8V ComboMemory products, the latest additions to the Company’s family of high-performance flash memory/RAM combination memory products. The 34WA Series supports functions and features new to SST’s ComboMemory family, including burst-mode operation for faster performance and address/data bus multiplexing for a lower pin count and smaller device footprint. The products in the 34WA Series use a very small semiconductor package, measuring just 6mm x 8mm x 1mm, making them the smallest address/data bus multiplex combination memory devices available on the market today. The performance and space savings provided by the 34WA Series make these products ideal for the entry-level mobile handset market’s need for high-performing, cost-effective, small form factor mobile phones.

“Entry-level mobile handsets for emerging regions continue to be significant areas of growth in the mobile phone market,” said Paul Lui, senior vice president, Memory and Special Products Business Unit, SST. “Mobile handsets with basic features that once served as entry-level products are no longer sufficient for the growing demands of customers in these regions. In light of this, OEMs need to deliver mobile handsets at aggressive price points, yet still provide strong performance, small size and long battery life. The introduction of our new 34WA ComboMemory Series confirms SST’s commitment to supporting these market segments, and we believe the enhanced feature set, low power consumption and small footprint make our 34WA products a compelling choice for handset OEMs.”

The 34WA Series supports burst-mode operation, which allows the data in the devices to be read at high speed, thereby increasing overall system performance. The devices also support address and data bus multiplexing to allow the sharing of I/O pins to reduce package pin count and overall device size. The 1.8V operating voltage of the 34WA Series devices leads to lower system power consumption.

Pricing and Availability
Samples of the various products in the 34WA Series are available now, with mass production scheduled to begin in Q1 2008. For further details, please reference the table below. All prices are per unit in 10K unit quantities.

Part Number Memory Density/Configuration Package Price
34WA1601 16Mb flash 44-ball VFBGA $1.30
34WA320x 32Mb flash 44-ball VFBGA $2.30
34WA328x 32Mb flash + 8Mb PSRAM 56-ball VFBGA $2.90
34WA32Ax 32Mb flash + 16Mb PSRAM 56-ball VFBGA $3.20

About Silicon Storage Technology, Inc.
Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of memory and non-memory products for high volume applications in the digital consumer, networking, wireless communications and Internet computing markets. Leveraging its proprietary, patented SuperFlash technology, SST is a leading provider of nonvolatile memory solutions with product families that include various densities of high functionality flash memory components and flash mass storage products. The Company also offers its SuperFlash technology for embedded applications through its broad network of world-class manufacturing partners and technology licensees, including TSMC, which offers it under its trademark Emb-FLASH. SST’s non-memory products include NAND controller-based products, smart card ICs and modules, flash microcontrollers and radio frequency ICs and modules. Further information on SST can be found on the company’s Web site at http://www.sst.com.

Forward-Looking Statements
Except for the historical information contained herein, this news release contains forward-looking statements regarding flash memory and non-memory market conditions, SST’s future financial performance, the performance of new products and SST’s ability to bring new products to market that involve risks and uncertainties. These risks may include timely development, acceptance and pricing of new products, the terms and conditions associated with licensees’ royalty payments, the impact of competitive products and pricing, and general economic conditions as they affect SST’s customers, as well as other risks detailed from time to time in the Company’s periodic reports, including the Annual Report on Form 10-K for the year ended December 31, 2006, and subsequent Quarterly Reports on Form 10-Q for the quarters ended March 31, 2007, June 30, 2007 and September 30, 2007.

For more information about SST and the company’s comprehensive list of product offerings, please call 1-888/SST-CHIP. Information can also be requested via email to literature@sst.com or through SST’s Web site at http://www.sst.com. SST’s head office is located at 1171 Sonora Court, Sunnyvale, Calif.; telephone: 408/735-9110; fax: 408/735-9036.

The SST logo and SuperFlash are registered trademarks and ComboMemory is a trademark of Silicon Storage Technology, Inc. All other trademarks or registered trademarks are the property of their respective holders.