• End-use customers benefit as Amkor helps QuickLogic shorten time to market while decreasing development costs and increasing quality

QuickLogic Corporation (NASDAQ: QUIK), the pioneer of Embedded Standard Products (ESPs) and leader in low power programmable logic, today announced that it has entered into a design service agreement with packaging leader Amkor Technology, Inc. Under this agreement, QuickLogic will have access to a broad range of Amkor’s package design and design chain management services, creating a program that elevates the package development process to a new level of time-to-market performance. Acknowledging the reality of rising hard costs associated with package manufacturing, Amkor is helping its customers manage their overhead or soft costs associated with package development by offering service level agreements that provide guaranteed levels of design chain support services.

“The goals of this program are to streamline overhead costs throughout the design chain, shorten design cycle times, and ultimately provide our customers with the opportunity to cost-effectively accelerate their time-to-market,” said Steve Lowder, Amkor’s Vice President of Design Services. “With increasing design activity for a broad range of end-product applications, it is important to align our resources with the needs of our customers to ensure that they have access to Amkor’s world-class design resources. We believe that broad adoption of service level agreements will foster improved management of design processes across the electronics supply chain.”

This strategy comes at a time when many semiconductor companies are looking for innovative ways to manage their costs in the face of increasing raw material prices and tight manufacturing capacity. “Amkor’s design service agreement fits into our overall strategy of identifying world-class partners and programs who can help us cut product development time and costs and help us deliver high quality, “best price” low-power FPGAs,” said Terry Barrette, Vice President of Operations at QuickLogic.

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 include, but are not limited to, general conditions in the semiconductor industry, development risks, market acceptance 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.

About QuickLogic

QuickLogic Corporation (NASDAQ: QUIK) is the inventor and pioneer of innovative, customizable semiconductor solutions for mobile and portable electronics OEMs and ODMs. These silicon plus software solutions are called Customer Specific Standard Products (CSSPs). CSSPs enable our customers to bring their products to market more quickly and remain in the market longer, with the low power, cost and size demanded by the mobile and portable electronics market. For more information about QuickLogic and CSSPs, visit www.quicklogic.com.

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