Exhibit 99.1

      Virage Logic Announces Expectations of Preliminary Results
                  for Second Fiscal Quarter of 2005

    FREMONT, Calif.--(BUSINESS WIRE)--April 5, 2005--Virage Logic
Corporation (Nasdaq:VIRL), a leading provider of semiconductor IP
platforms, today announced its preliminary expectations of revenues
and earnings for the second fiscal quarter ended March 31, 2005, which
have been revised downward from the company's previously announced
business outlook. The company attributed this revision primarily to
delayed customer purchasing decisions for orders anticipated to close
during the quarter due to apparent softness in the market, and the
inability to ship against certain existing orders.
    For the second quarter, the company currently expects total
revenues in the range of approximately $12.3 million to $12.7 million.
Included in this amount are anticipated royalties of approximately
$2.7 million, consistent with the company's prior outlook for
royalties. As a result, Virage Logic expects to report a net loss
under generally accepted accounting principles (GAAP) of approximately
$0.03 to $0.04 per share. For the second quarter of fiscal 2004,
Virage Logic reported total revenues of $13.0 million, including
royalties of $1.8 million, and GAAP net income of $0.01 per share.
    The company had previously disclosed its business outlook for the
second quarter on January 20, 2005, in conjunction with the
announcement of its first fiscal quarter results. At that time, the
outlook called for total revenues of approximately $16.3 million to
$16.6 million, including royalties of approximately $2.7 million, and
for GAAP net income of approximately $0.09 per share.
    "We are disappointed with our anticipated results for the second
quarter of 2005," said Adam Kablanian, Virage Logic's president and
chief executive officer. "During the quarter, we saw some softness in
the business overall, with certain large customers delaying purchasing
decisions. In addition, we experienced some operational issues
regarding our ability to ship against existing orders."
    Virage Logic cautions that its anticipated results are
preliminary, based on the best information currently available, and
subject to the closing of its financial records and customary
quarterly accounting procedures. The company plans to report its final
results for the second fiscal quarter after the close of market on
April 21, 2005.

    About Virage Logic

    Founded in 1996, Virage Logic Corporation (Nasdaq:VIRL) rapidly
established itself as a technology and market leader in providing
advanced embedded memory intellectual property (IP) for the design of
complex integrated circuits. Today the company is a global leader in
semiconductor IP platforms comprising embedded memories, standard
cells, and I/Os and is pioneering the development of a new class of IP
called Silicon Aware IP. Silicon Aware IP tightly integrates Physical
IP (memory, logic and I/Os) with the embedded test, diagnostic, and
repair capabilities of Infrastructure IP to help ensure
manufacturability and optimized yield at the advanced process nodes.
Virage Logic's highly differentiated product portfolio provides higher
performance, lower power, higher density and optimal yield to
foundries, integrated device manufacturers (IDMs) and fabless
customers who develop products for the consumer, communications and
networking, hand-held and portable, and computer and graphics markets.
The company's comprehensive quality efforts are validated in its
FirstPass-Silicon Characterization Lab, which helps ensure high
quality, reliable IP across a wide range of foundries and process
technologies. Headquartered in Fremont, California, Virage Logic has
R&D, sales and support offices worldwide. For more information, visit
www.viragelogic.com.

    Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995:

    Statements made in this news release, other than statements of
historical fact, are forward-looking statements, including, for
example, statements relating to trends, business outlook, products,
customer relationships and our financial results for the fiscal
quarter ended March 31, 2005. Forward-looking statements are subject
to a number of known and unknown risks and uncertainties, which might
cause actual results to differ materially from those expressed or
implied by such statements. These risks and uncertainties include
Virage Logic's ability to forecast its business, including expected
revenues, royalties and net loss for the second fiscal quarter ended
March 31, 2005 and possible discrepancies between the preliminary
results and the final results to be announced on April 21, 2005; the
company's ability to ship against existing orders; Virage Logic's
ability to maintain and develop new relationships with third-party
foundries and integrated device manufacturers; adoption of Virage
Logic's technologies by semiconductor companies and increases or
fluctuations in the demand for their products; the company's ability
to overcome the challenges associated with establishing licensing
relationships with semiconductor companies; business and economic
conditions generally and in the semiconductor industry in particular;
competition in the market for semiconductor IP platforms; and other
risks including those described in the company's Annual Report on Form
10-K for the period ended September 30, 2004, and in Virage Logic's
other periodic reports filed with the SEC, all of which are available
from Virage Logic's website (www.viragelogic.com) or from the SEC's
website (www.sec.gov), and in news releases and other communications.
Virage Logic disclaims any intention or duty to update any
forward-looking statements made in this news release.

    All trademarks are the property of their respective owners and are
protected herein.

    CONTACT: Virage Logic Corporation
             Mike Seifert, 510-360-8025
             michael.seifert@viragelogic.com