Exhibit 99.1

               Cirrus Logic Provides Update on Stock Option Review


     AUSTIN, Texas--(BUSINESS WIRE)--Nov. 2, 2006--As a result of an on-going
voluntary review of its historical stock option grant practices, Cirrus Logic
Inc. (Nasdaq:CRUS) today announced that it has filed with the United States
Securities and Exchange Commission (the "SEC") a Form 12b-25 indicating that it
will not be able to file its Form 10-Q for its second fiscal quarter on or
before the fifth calendar day following the prescribed due date under SEC rules.

     As previously announced, Cirrus Logic's Board of Directors has formed a
Special Committee to voluntarily review the company's historical stock option
granting practices and related accounting matters. Although the timeframe for
completing the Special Committee's internal review is uncertain, Cirrus Logic
remains committed to resolving these issues as quickly as possible. The company
plans to file its form 10-Q for the second quarter of fiscal year 2007 as soon
as practicable following the conclusion of the Special Committee's review.

     Cirrus Logic, Inc.

     Cirrus Logic develops high-precision, analog and mixed-signal integrated
circuits for a broad range of consumer and industrial markets. Building on its
diverse analog mixed-signal patent portfolio, Cirrus Logic delivers highly
optimized products for consumer and commercial audio, automotive entertainment
and industrial applications. The company operates from headquarters in Austin,
Texas, with offices in Europe, Japan and Asia. More information about Cirrus
Logic is available at www.cirrus.com.

     Safe Harbor Statement

     Except for historical information contained herein, the matters set forth
in this news release contain forward-looking statements, including our
expectations with regards to the Company's on-going review of historical stock
option granting practices and related accounting matters. In some cases,
forward-looking statements are identified by words such as we "expect,"
"anticipate," "target," "project," "believe," "goals," "estimates," and
"intend," variations of these types of words and similar expressions are
intended to identify these forward-looking statements. In addition, any
statements that refer to our plans, expectations, strategies or other
characterizations of future events or circumstances are forward-looking
statements. These forward-looking statements are based on our current
expectations, estimates and assumptions and are subject to certain risks and
uncertainties that could cause actual results to differ materially. These risks
and uncertainties include, but are not limited to, the timing and outcome of the
Special Committee's review, the conclusions of the Special Committee resulting
from that review, any adverse tax or accounting adjustments resulting from the
review, and the risk factors listed in our Form 10-K for the year ended March
25, 2006, and in our other filings with the Securities and Exchange Commission,
which are available at www.sec.gov.

     Cirrus Logic and Cirrus are trademarks of Cirrus Logic Inc.


     CONTACT: Cirrus Logic Inc., Austin
              Investor Contact:
              Thurman K. Case, 512-851-4000
              Acting Chief Financial Officer
              InvestorRelations@cirrus.com