SUNNYVALE, Calif.–(BUSINESS WIRE)–Oct. 26, 2004–Monolithic
System Technology, Inc. (MoSys), (Nasdaq:MOSY) the industry’s leading
provider of high density SoC embedded memory solutions, announced
today the appointment of Amos Technology as its sale representative in
Israel. Amos Technology is one of the leading representatives of IP
design licenses, EDA design tools and IC design services in Israel.

“With the increasing growth of the Israeli semiconductor market,
it is imperative for us to establish a presence in the region for
expanding our sales opportunities,” commented MoSys’ Vice President of
Sales and Marketing Karen Lamar. “Amos Technology has the experience
and knowledge that will enable us to effectively service this
important market.”

“MoSys’ 1T-SRAM technology is uniquely positioned to penetrate the
Israeli market and sets MoSys apart as one of the premier providers of
advanced high-density memory technology,” said Boaz Amram, Founder and
CEO of Amos Technology. “MoSys’ technology provides high-density
embedded memory solutions which is an increasing requirement in our
market.”

About MoSys

Founded in 1991, MoSys (Nasdaq:MOSY), develops, licenses and
markets innovative memory technologies for semiconductors. MoSys’
patented 1T-SRAM technologies offer a combination of high density, low
power consumption, high speed and low cost unmatched by other
available memory technologies. The single transistor bit cell used in
1T-SRAM memory results in the technology achieving much higher density
than traditional four or six transistor SRAMs while using the same
standard logic manufacturing processes. 1T-SRAM technologies also
offer the familiar, refresh-free interface and high performance for
random address access cycles associated with traditional SRAMs. In
addition, these technologies can reduce operating power consumption by
a factor of four compared with traditional SRAM technology,
contributing to making them ideal for embedding large memories in
System on Chip (SoC) designs. MoSys’ licensees have shipped more than
80 million chips incorporating 1T-SRAM embedded memory technologies,
demonstrating excellent manufacturability in a wide range of silicon
processes and applications. MoSys is headquartered at 1020 Stewart
Drive, Sunnyvale, California 94085. More information is available on
MoSys’ website at http://www.mosys.com.

About Amos Technology

Amos Technology, located in Ra’anana, Israel, specializes in
representing leading companies in the fields of EDA design tools, IP
designs and IC design services. Amos represents such companies as
Denali Soft, LogicVision, Magma-DA, OEA, Sycon-Design, Tensilica and
TriCN. The company was founded by Boaz Amram, who has more than 16
years of experience in Israel and Europe, including as the Director of
Sales for LSI Logic and General Manager of CATC Israel. For more
information, please see: http://www.amos.co.il.

Forward-Looking Statements

This press release may contain forward-looking statements about
the Company including, without limitation, benefits and performance
expected from use of the Company’s 1T-SRAM technology.

Forward-looking statements are based on certain assumptions and
expectations of future events that are subject to risks and
uncertainties. Actual results and trends may differ materially from
historical results or those projected in any such forward-looking
statements depending on a variety of factors. These factors include
but are not limited to, customer acceptance of our 1T-SRAM
technologies, the timing and nature of customer requests for our
services under existing license agreements, the timing of customer
acceptance of our work under such agreements, the level of commercial
success of licensees’ products such as the Nintendo GAMECUBE and cell
phone hand sets, ease of manufacturing and yields of devices
incorporating our 1T-SRAM, our ability to enhance the 1T-SRAM
technology or develop new technologies, the level of intellectual
property protection provided by our patents, the vigor and growth of
markets served by our licensees and customers and operations of the
Company and other risks identified in the Company’s most recent annual
report on Form 10-K filed with the Securities and Exchange Commission,
as well as other reports that MoSys files from time to time with the
Securities and Exchange Commission. MoSys undertakes no obligation to
update publicly any forward-looking statement for any reason, except
as required by law, even as new information becomes available or other
events occur in the future.

1T-SRAM(R) is a MoSys trademark registered in the U.S. Patent and
Trademark Office. All other trade, product, or service names
referenced in this release may be trademarks or registered trademarks
of their respective holders.

CONTACT: Monolithic System Technology, Inc., Sunnyvale
Mark Voll, 408-731-1846
markv@mosys.com
or
Shelton Investor Relations
Beverly Twing, 972-239-5119 x126
btwing@sheltongroup.com

SOURCE: Monolithic System Technology, Inc.