Cypress and D-Wave Systems Announce Successful Transfer Of D-Wave Process Technology to Cypress Foundry

  Cypress and D-Wave Systems Announce Successful Transfer Of D-Wave Process
  Technology to Cypress Foundry

Foundry Successfully Starts D-Wave’s Proprietary Process for Quantum Computing
Microprocessors with First Chips Delivered in Less than 6 Months After Launch,
      Confirming Key Improvements for Next Generation Quantum Processors

Business Wire

SAN JOSE, Calif. & BURNABY, British Columbia -- October 22, 2013

Cypress Semiconductor Corp. (NASDAQ:CY) and D-Wave Systems Inc., the world's
first commercial quantum computing company, today announced that D-Wave has
successfully transferred its proprietary process technology for building
quantum computing microprocessors to Cypress’s Wafer Foundry located in
Bloomington, Minnesota. D-Wave selected Cypress as its foundry and started the
site change in January of 2013, and Cypress delivered first silicon on June
26. Results from this lot indicate better yields than D-Wave has achieved in
the past, validating the quality of Cypress’s production-scale environment.

“The site change to Cypress will enable D-Wave to continue to scale its
technology to meet its objective of delivering quantum processors that
radically outperform conventional computing platforms,” said Eric Ladizinsky,
D-Wave co-founder and Chief Scientist. “We selected Cypress as a foundry for
their ability to support our unique materials and processing flow, while
allowing us to leverage the consistency and yield of a production-scale wafer
fab. The yield results we saw on first silicon exceeded our expectations and
validate that Cypress was the right foundry choice for our technology
development and processor production.”

“Cypress is very excited to support a pioneering customer such as D-Wave
Systems in their quest to revolutionize computation,” said Mehran Sedigh, Vice
President of Front-End Manufacturing at Cypress. “D-Wave’s selection of
Cypress as a foundry, followed by the fast transfer of their technology and
the yield improvements we have delivered, demonstrate our compelling offering.
We expect to continue adding innovative companies to our list of wafer foundry
customers.”

About D-Wave Systems

Founded in 1999, D-Wave's mission is to integrate new discoveries in physics
and computer science into breakthrough approaches to computation. The
company's flagship product, the 512-qubit D-Wave Two^TM computer, is built
around a novel type of superconducting processor that uses quantum mechanics
to massively accelerate computation. Recently D-Wave announced the
installation of a D-Wave Two system at the new Quantum Artificial Intelligence
Lab created jointly by NASA, Google and USRA. This came soon after
Lockheed-Martin's purchase of an upgrade of their 128-qubit D-Wave One^TM
system to a 512-qubit D-Wave Two computer. With headquarters near Vancouver,
Canada, the D-Wave U.S. offices are located in Palo Alto, California. D-Wave
has a blue-chip investor base including Bezos Expeditions, Business
Development Bank of Canada, Draper Fisher Jurvetson, Goldman Sachs,
Growthworks, Harris & Harris Group, In-Q-Tel, International Investment and
Underwriting, and Kensington Partners Limited. For more information, visit:
www.dwavesys.com or learn more at www.youtube.com/user/dwavesystems.

About Cypress’s Fab 4

Cypress operates its own wafer fabrication facility in Bloomington, Minnesota,
and offers access to this facility as a Specialty Foundry Solutions provider.
This 8-inch wafer fab manufactures in high volume down to the 90-nm node with
65nm capability. It offers process technologies that integrate SONOS-based
nonvolatile memory and precision analog/mixed-signal capabilities. The
facility can handle ITAR material, and it has been accredited as a Category 1A
Trusted Fab for fabrication, design, and testing of U.S. DoD Trusted
Microelectronics. More information on Cypress Foundry Solutions is available
online at www.cypress.com/go/foundry.

About Cypress

Cypress delivers high-performance, mixed-signal, programmable solutions that
provide customers with rapid time-to-market and exceptional system value.
Cypress offerings include the flagship PSoC^® 1, PSoC 3, PSoC 4, and PSoC 5
programmable system-on-chip families. Cypress is a world leader in capacitive
user interface solutions including CapSense^® touch sensing, TrueTouch^®
touchscreens, and trackpad solutions for notebook PCs and peripherals. Cypress
is a world leader in USB controllers, which enhance connectivity and
performance in a wide range of consumer and industrial products. Cypress is
also the world leader in SRAM and nonvolatile RAM memories. Cypress serves
numerous major markets, including consumer, mobile handsets, computation, data
communications, automotive, industrial, and military. Cypress trades on the
NASDAQ Global Select Market under the ticker symbol CY. Visit Cypress online
at www.cypress.com.

Cypress, the Cypress logo, TrueTouch, PSoC, and CapSense are registered
trademarks and S8 is a trademark of Cypress Semiconductor Corp. All other
trademarks are property of their owners.

Contact:

Cypress PR
Samer Bahou, 408-232-4552
samer.bahou@cypress.com
or
D-Wave Systems
Beth Sanzone, 415-625-8555
dwave@launchsquad.com