Cypress CEO to Address Credit Suisse First Boston 2004 Semiconductor and Semiconductor Capital Equipment Conference

Business Wire, May 21, 2004

Business Editors/High-Tech Writers

Credit Suisse First Boston 2004 Semiconductor and Semiconductor

Capital Equipment Conference

SAN JOSE, Calif.--(BUSINESS WIRE)--May 21, 2004

Webcast Available on Cypress Website at: www.cypress.com/investors

Cypress Semiconductor Corp. (NYSE:CY) today announced that T.J. Rodgers, President and CEO, will address the Credit Suisse First Boston 2004 Semiconductor and Semiconductor Capital Equipment Conference, scheduled to be held at Ritz Carlton Hotel, San Francisco, on May 25-27, 2004.

Rodgers' presentation is scheduled to take place on Wednesday, May 26 at 4:30 p.m. Pacific Daylight Time, during which he will discuss Cypress's financial and strategic outlook. A webcast of Rodgers' presentation will be available live and on-demand through www.cypress.com/investors. The webcast will be archived for two weeks following the conference.

This year, Credit Suisse First Boston's Conference will feature a diverse group of leaders from high-tech companies. Representatives from 43 firms have been invited to present.

About Cypress

Cypress Semiconductor Corp. (NYSE:CY) is Connecting from Last Mile to First Mile(TM) with high-performance solutions for personal, network access, enterprise, metro switch and core communications-system applications. Cypress Connects(TM) using wireless, wireline, digital, and optical transmission standards, including USB, Fibre Channel, SONET/SDH, Gigabit Ethernet and DWDM. Leveraging its process and system-level expertise, Cypress makes industry-leading physical layer devices, framers and network search engines, along with a broad portfolio of high-bandwidth memories, timing technology solutions and reconfigurable mixed-signal arrays. More information about Cypress is accessible online at http://www.cypress.com.

Cypress and the Cypress logo are registered trademarks of Cypress Semiconductor Corporation. "Connecting from Last Mile to First Mile," and "Cypress Connects" are trademarks of Cypress. All other trademarks are the property of their respective owners.