Oasis SiliconSystems and Quicklogic partner to develop QuickMIPS-based platforms for in-car infotainment systems

Leverages OASIS’ MOST® networking technology embedded in QuickMIPS devices

SUNNYVALE, Calif. – January 5, 2004 – QuickLogic Corporation (Nasdaq: QUIK), the inventor and pioneer of Embedded Standard Products (ESPs), today announced that it had entered into a partnership with OASIS SiliconSystems AG with the goal of leveraging silicon and software technology from both companies to release reference platforms optimized for a series of in-car telematics applications, including gateways and rear-seat infotainment systems.

At the core of the architecture for each of these reference platforms is one of the QuickMIPS family of programmable system-on-a-chip (pSoC) devices and OASIS’ Media Oriented Systems Transport (MOST) networking devices.

“OASIS’ MOST technology is quickly establishing itself as the de facto networking standard to distribute rich media content to systems inside a vehicle,” said Tom Hart, Chairman, President and CEO of QuickLogic. “We feel that by delivering proven solutions that tightly couple our respective silicon devices with software solutions, we will bring huge time-to-revenue and reduced development cost benefits to our mutual end customers.”

“As we worked with market leaders that supply in-car electronics systems, it became clear that many were struggling with the time to market and inflexibility challenges provided by the ASIC chip model”, said Herbert Hetzel, President and CEO of OASIS SiliconSystems and Administrator of MOST Cooperation, “We see QuickLogic’s programmable SoC devices as providing the best solution to these two challenges.”

The initial deliverable out of this co-engineering and co-marketing agreement is a reference design for rear seat infotainment appliances. The design is expected to be available for preliminary customer demonstrations in Q1 2004.

MOST: The Automotive Industry’s Networking Technology Standard
Based on a fiber-optic bus, MOST has emerged as the automotive industry’s high-speed digital networking standard. It serves as the backbone technology of in-car infotainment systems. The use of the MOST networking technology permits carmakers and suppliers to easily add a host of multimedia devices, such as CD players, AM/FM radios, navigation systems, cell phones, and in-car PCs, as modular functions in the automotive environment, while meeting the specific requirements of any vehicle.

About QuickLogic
QuickLogic Corporation (Nasdaq: QUIK) began developing the Embedded Standard Product (ESP) architecture in 1998. ESPs deliver the guaranteed performance and lower cost of standard semiconductor products, coupled with the flexibility and time-to-market benefits of programmable logic. QuickLogic's ViaLink® metal-to-metal interconnect technology enables high performance ESPs and is the foundation of the company's core FPGA products. Founded in 1988, the company is located at 1277 Orleans Drive, Sunnyvale, CA 94089-1138. For more information, please visit the QuickLogic web site at www.quicklogic.com

About OASIS
Since 1996, OASIS SiliconSystems AG develops and markets mixed-signal integrated circuits and opto-electronic systems for the networking of multimedia components to the automotive industry. With Media Oriented Systems Transport (MOST) technology developed by the company’s founders, up to 64 different multimedia peripheral devices can be networked in one segment easily. OASIS offers not only real-time systems for the present, but also provides for customer-oriented total solutions for the future. In addition to the current focus on the automotive environment, OASIS is also broadening into other markets. For more information, please visit the Oasis web site at www.oasis.com.

About the MOST Cooperation
The concept for the MOST Cooperation began as an informal cooperative effort in 1997. Since the Cooperation was founded in 1998, 20 international car makers and more than 50 key component suppliers are now working with the MOST technology and contributing towards its innovation. Through the MOST Cooperation, all members combine their expertise and ambitious efforts to establish and refine a common standard for today and tomorrow's needs of automotive multimedia networking. The web site is www.mostcooperation.com

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995
This news release contains forward-looking statements based on current expectations that involve risks and uncertainties. QuickLogic’s actual results may differ from the results described in the forward-looking statements. Factors that could cause actual results to differ from expectations include, but are not limited to, the performance and market acceptance of QuickLogic’s products, including the QuickMIPS family of SoC devices; the interoperability of QuickLogic and MOST devices; general conditions in the semiconductor industry and the impact of competitive products. These and other risk factors are detailed in QuickLogic’s periodic reports and registration statements filed with the Securities and Exchange Commission.

The QuickLogic name and logo, QuickMIPS, and ViaLink are registered trademarks of QuickLogic Corporation. All other brands or trademarks are the property of their respective holders and should be treated as such.

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