Exhibit 99.1

         NeoMagic(R) Corporation Announces Resignation of Paul Richman
                            from Board of Directors

    SANTA CLARA, Calif., Dec. 14 /PRNewswire-FirstCall/ -- NeoMagic
Corporation (Nasdaq: NMGC), a pioneer in Applications Processors for
multimedia-rich mobile phones and other wireless handheld systems, announced
today that Mr. Paul Richman has decided to step down from his position on the
Board of Directors of NeoMagic Corporation, effective December 15, 2004, for
personal reasons.  Mr. Richman will continue to work with NeoMagic in his
capacity as Chairman and Chief Executive Officer of The Consortium for
Technology Licensing, Ltd., which is based in Nissequogue, New York and is
working with NeoMagic to explore licensing opportunities for NeoMagic's patent
portfolio.  NeoMagic Corporation currently has 78 issued United States Patents
covering such diverse areas as embedded DRAM technology, graphics controllers,
associative processors, video compression, digital cameras and DVD recorders.


    About NeoMagic


    NeoMagic Corporation, based in Santa Clara, California, enables new
generations of handheld systems with its Applications Processors that are
designed to offer the lowest power, smallest form-factor and best multimedia
features and performance. The company is a pioneer in the integration of
complex logic, memory and analog circuits into single-chip solutions.
Information on the company may be found on the World Wide Web at
www.neomagic.com.


    This press release contains forward-looking statements within the meaning
of the Securities Act of 1933, regarding the efforts to license NeoMagic's
semiconductor patent portfolio. Such licensing activities are subject to risks
and uncertainties, including uncertainties relating to market demand for such
technology, and there is no assurance that NeoMagic will be able to generate
revenues from licensing activities.


    NeoMagic, and the NeoMagic circle logo are registered trademarks, and
MiMagic is a trademark, of NeoMagic Corporation.  All other trademarks are the
property of their respective owners.  NeoMagic disclaims any proprietary
interest in the marks and names of others.



SOURCE  NeoMagic Corporation
    -0-                             12/14/2004
    /CONTACT:  Scott Sullinger, Chief Financial Officer of NeoMagic
Corporation, +1-408-486-3879/
    /Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO
              AP Archive:  http://photoarchive.ap.org
                PRN Photo Desk, photodesk@prnewswire.com/
    /Web site:  http://www.neomagic.com /
    (NMGC)

CO:  NeoMagic Corporation
ST:  California
IN:  CPR SEM ECP PEL CSE
SU:  PER