Ikanos Selects Virage Logic as Trusted IP Partner, Inks Three-Year Full Access Deal

Expanding on its Longstanding Relationship, New Agreement Provides Ikanos with Increased Flexibility to Meet Market Requirements

FREMONT, Calif.--Nov. 6, 2006--Virage Logic (Nasdaq:VIRL), a pioneer in Silicon Aware IP(TM) and leading provider of semiconductor intellectual property (IP) platforms, today announced that Ikanos Communications, Inc. (NASDAQ: IKAN), a leading developer and provider of Fiber Fast(TM) broadband solutions, has selected Virage Logic as a trusted IP partner. Expanding on its longstanding relationship, the new three-year agreement calls for Ikanos to have access to the complete Virage Logic IP offering - including embedded memories, standard cell libraries, and I/O libraries - on various process technologies from 180-nanometer (nm) to 65nm for multiple foundries. Having been a long time user of Virage Logic's Silicon Aware Self-Test and Repair (STAR) Memory System(TM), Ikanos cited Virage Logic's technically advanced product offering, superior product quality and award-winning customer support as key in its decision to expand its relationship with Virage Logic.

"By partnering with Virage Logic, we are able to utilize their portfolio of highly differentiated IP solutions to maximize the performance of our industry-leading multi-mode VDSL2 solutions," said Joshua Rom, vice president of operations at Ikanos. "As a result, our products are able to power the processing and distribution of triple-play services at both the central office and customer premises."

"For many years, Ikanos has leveraged the yield-enhancing and time-to-market benefits of our STAR Memory System to their competitive advantage," said Jim Ensell, senior vice president of marketing and business development at Virage Logic. "By expanding our relationship to trusted IP partner status, Ikanos will be able to focus on developing their core differentiated value and leverage our physical IP portfolio to most effectively compete with larger companies and expand their global leadership position in the interactive broadband solutions market."

Virage Logic's broad portfolio of highly differentiated semiconductor IP has been designed to meet the critical requirements of reducing design time, silicon area and design risk; while boosting performance and enhancing manufacturing yields. With access to Virage Logic's complete product portfolio, Ikanos' design engineers will be able to expedite the creation of their next-generation products because they will be able to by pass the increasingly complex task of identifying and obtaining the semiconductor IP needed to produce successful, on-time products. Ikanos' globally distributed design teams will have access to IP and design experts in Virage Logic's worldwide customer support organization.

About Ikanos Communications, Inc.

Ikanos Communications, Inc. (NASDAQ: IKAN) develops chipsets that enable carriers to offer FiberFast(TM) bandwidth and high-speed network processing for enhanced triple play services. Supporting transmission rates of up to 100 Mbps, Ikanos' line of end-to-end silicon solutions power line terminals, CPE modems and residential gateways for many of the world's leading network equipment manufacturers. Ikanos' solutions enable fast and cost-effective carrier rollouts of interactive broadband services including IPTV.

About Virage Logic Corporation

Founded in 1996, Virage Logic Corporation (Nasdaq:VIRL) rapidly established itself as a technology and market leader in providing advanced embedded memory intellectual property (IP) for the design of complex integrated circuits. Now, as the company celebrates its 10th anniversary, it is a global leader in semiconductor IP platforms comprising embedded memories, logic, and I/Os and is pioneering the development of a new class of IP called Silicon Aware IP(TM). Silicon Aware IP tightly integrates Physical IP (memory, logic and I/Os) with the embedded test, diagnostic, and repair capabilities of Infrastructure IP to help ensure manufacturability and optimized yield at the advanced process nodes. Virage Logic's highly differentiated product portfolio provides higher performance, lower power, higher density and optimal yield to foundries, integrated device manufacturers (IDMs) and fabless customers who develop products for the consumer, communications and networking, hand-held and portable, and computer and graphics markets. The company uses its FirstPass-Silicon(TM) Characterization Lab for certain products to help ensure high quality, reliable IP across a wide range of foundries and process technologies. The company also prides itself on providing superior customer support and was recently named Customer Service Leader of the Year in the Semiconductor IP Market by Frost & Sullivan. Headquartered in Fremont, California, Virage Logic has R&D, sales and support offices worldwide. For more information, visit www.viragelogic.com.