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Artisan Components Announces Stock Repurchase Program

28 April 2004

SUNNYVALE, Calif.--(BUSINESS WIRE)--April 28, 2004--Artisan Components, Inc., (Nasdaq:ARTI), a leading provider of physical intellectual property (IP), today announced it has been named on Electronic Business' list as one of 30 Best Small Electronics Companies. The list was published in the Reed Electronics Group's April 2004 issue of Electronic Business Online. The 30 companies were ranked by annual revenue growth over the past three years. Artisan is the only semiconductor IP company to make the list.

According to the Electronics Business report, the 30 Best Small Electronics Companies were selected from a list of more than 200 public electronics companies with annual revenues below $250 million that have exhibited strong annual and quarterly revenue growth. The list of 30 companies was determined by considering quantitative factors such as profitability, quarter-to-quarter revenue growth and future growth potential. Reed Business Research, who compiled the list, also took into account the companies' qualitative attributes such as innovation, leadership and technology.

This honor follows Artisan being named in Reed Electronics Group's list of "50 Companies to Watch in 2004" as part of its Electronics Industry's Movers & Shakers November 2003 supplement. The list included Artisan as one of 50 top companies that have outperformed the market and showcases some of the most interesting businesses in the world.

"Artisan's position as an industry leader has allowed us to invest in R&D as well as business expansion, bringing increasing value to our partners and customers," said Mark Templeton, president and chief executive officer of Artisan. "Artisan is honored to be included among the companies that are driving innovation and solutions in the electronics industry."

About Artisan Components

Artisan Components, Inc. is a leading provider of physical intellectual property (IP) components for the design and manufacture of complex system-on-a-chip integrated circuits. Artisan's products include embedded memory, standard cell, input/output, analog and mixed-signal components, which are designed to achieve the best combination of performance, density, power and yield for a given manufacturing process. Artisan has licensed its IP components to over 1,200 companies involved in integrated circuit design. Artisan is headquartered in Sunnyvale, California. More information about Artisan Components, including free library access, can be found at access.arm.com.

Safe Harbor Statement

This press release contains forward-looking statements including, but not limited to, statements regarding the future growth potential of Artisan in terms of its revenues, business and technology. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially, including the continued demand for semiconductors including Artisan's products and the production of those semiconductors in volume; delays in the design process or delays in a customer's project that use Artisan's products; the rapid pace of technological development; Artisan's ability to negotiate, structure, monitor and enforce agreements for the determination and payment of royalties; and the acceptance of Artisan's products by existing and new customers. For additional information and considerations regarding the risks faced by Artisan, see its annual report on Form 10-K for the year ended September 30, 2003 as filed with the Securities and Exchange Commission, as well as other periodic reports filed with the SEC from time to time, including its quarterly reports on Form 10-Q.

Artisan Components and Artisan are registered trademarks of Artisan Components, Inc. All other trademarks or registered trademarks are the property of their respective owners.





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