Exhibit 99.1

           NEOMAGIC CORPORATION NAMES SYED ZAIDI COO AND BOARD MEMBER

    SANTA CLARA, Calif., Feb. 23 /PRNewswire-FirstCall/ -- NeoMagic
Corporation (Nasdaq: NMGC), announced today that Syed Zaidi, its Vice
President of Corporate Engineering, has been appointed as the Company's Chief
Operating Officer and has been named to NeoMagic's Board of Directors.  Mr.
Zaidi joined NeoMagic's engineering team in 1995 and was promoted to Vice
President in 2000.  Mr. Zaidi will continue to be responsible for NeoMagic's
Engineering Department and will continue to report to Douglas Young,
NeoMagic's President and Chief Executive Officer.

    "Syed has been handling many of the COO responsibilities for over a year now
and I am happy to see him receive the recognition that he deserves," said
Douglas Young, President and CEO of NeoMagic Corporation. "I have worked with
Syed for over three years and I look forward to working even more closely with
him to help NeoMagic achieve its goals during the coming years. Syed is highly
familiar with our customers and markets, as well as our engineering, sales,
marketing, and operations."

    About NeoMagic

    NeoMagic Corporation delivers semiconductor chips and software that provide
mobile solutions that enable new multimedia features for handheld devices. These
solutions offer low power consumption, small form-factor and high performance
processing. The Company demonstrated one of the first solutions used for H.264
video decoding in a mobile digital TV phone, and is developing and delivering
solutions for audio/video processing of the dominant mobile digital TV
standards, including ISDB-T, T-DMB, E-DMB and DVB-H. For its complete system
solution, NeoMagic delivers a suite of middleware and sample applications for
imaging, video and audio functionality, and provides multiple operating system
ports with customized drivers for the MiMagic product family. NeoMagic has a
patent portfolio of over 25 patents that cover NeoMagic's proprietary array
processing technology, embedded DRAM and other technology. Information on the
Company may be found on the World Wide Web at www.neomagic.com.

    NOTE: NeoMagic and the NeoMagic circle logo are registered trademarks, and
MiMagic and NeoMobileTV are trademarks, 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.

    (Logo:  http://www.newscom.com/cgi-bin/prnh/20020802/NMGCLOGO )

SOURCE  NeoMagic Corporation
    -0-                             02/23/2007
    /CONTACT:  Douglas R. Young, Chief Executive Officer, NeoMagic
Corporation, +1-408-988-7020; or Erica Mannion of Sapphire Investor Relations,
LLC, +1-212-766-1800, for NeoMagic Corporation/
    /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)