Cypress EVP To Address Friedman Billings Ramsey 8th Annual Growth Investor Conference

Cypress CorpCom

Webcast Available on Cypress Website At:

https://www.cypress.com/investors

SAN JOSE, Calif., May 27, 2004 - Cypress Semiconductor Corp." (NYSE: CY) today announced that Ralph Schmitt, Executive VP of Sales, Marketing and Business Development, will address the Friedman Billings Ramsey 8th Annual Growth Investor Conference, to be held at the Millennium Broadway Hotel in New York from June 2-3, 2004.

Schmitt's presentation is scheduled to take place on Thursday, June 3 at 8:00 a.m. Eastern Daylight Time (5:00 a.m. Pacific Daylight Time), during which he will discuss Cypress's financial and strategic outlook. A webcast of Schmitt's presentation will be available live and on-demand through https://www.cypress.com/investors." The webcast will be archived for two weeks following the conference.

This year, Friedman Billings Ramsey's conference will feature a diverse group of industry leaders from companies that cover the technology and health sectors. Representatives from over 150 firms have been invited to present.

About Cypress

Cypress Semiconductor Corporation (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 https://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.