GSI Technology, Inc. Announces Its Initial Public Offering

Santa Clara, Calif. – March 29, 2007 – GSI Technology, Inc. today announced the initial public offering of 6,131,111 shares of newly issued common stock at a price of $5.50 per share. The shares will begin trading today on the Nasdaq Global Market under the symbol GSIT.

The underwriters have been granted an option to purchase up to 919,667 additional shares of common stock from selling stockholders to cover over-allotments, if any.

Needham & Company, LLC and W.R. Hambrecht + Co., LLC acted as joint book-running managers, with Robert W. Baird & Co. and Stanford Group Company acting as co-managers.

The registration statement relating to the initial public offering of these common shares was declared effective by the Securities and Exchange Commission on March 29, 2007. This press release does not constitute an offer to sell or the solicitation of an offer to buy. A copy of the final prospectus relating to the offering may be obtained from the prospectus department of Needham & Company, LLC at 445 Park Avenue, New York, NY 10022, by telephone at 212-705-0345, or by faxing a request to 212-705-0416; or from WR Hambrecht + Co at 555 Lancaster Avenue, Suite 200, Berwyn, PA 19312, by telephone at 877-828-5200, or by faxing a request to 610-725-1167.

GSI Technology Announces Full Line of 36Mbit SigmaQuad-II™ and SigmaCIO DDR-II™ and SigmaSIO DDR-II™ SRAMs

Offering the Widest Variety of Leading Edge SRAMs for Networking and Communications Applications

Santa Clara , CA (March 6, 2007)—GSI Technology, a focused SRAM solution provider announced today the shipment of its 36Mbit SigmaQuad-II, SigmaCIO DDR-II, and SigmaSIO DDR-II SRAM devices. The new memory devices are fully compatible with QDR-II™ and DDR-II SRAM specifications delivering the best price/performance in today’s demanding communications and networking application space.

Operating at speeds up to 333 MHz, making them the fastest available Type-II SRAMs in the industry, the 36Mbit family offers a full range of speed grades, bus widths from x8 to x36, and a choice of burst of two (B2) or burst of four (B4) data transfer protocols, all in the same standard 15 mm x 17 mm 165-ball FBGA (Fine-pitch Ball Grid Array) package. The 36Mbit family is manufactured using TSMC's 90 nm process technology, assuring high reliability and a steady source of supply. Built utilizing GSI’s master die design technique and processed through our ExactPreference™ back-end, all versions are available with very short lead times.

"GSI Technology’s memory product portfolio dwarfs the competition. We offer every version possible; 96 different variations of 36Mb products, not counting temperature range options that extend from commercial to military—more than 400% as many as the nearest competitor” said David Chapman, Vice President of Marketing & Applications Engineering. “No matter how specialized the application, we have exactly the right part for the job.”

Availability
GSI Technology’s 36Mbit SigmaQuad-II products are sampling now, with production starting Q3 2007. Pricing for the GS8342D18AE in low volume quantities starts at $36. More information for the 36Mbit SRAM product family is available at www.gsitechnology.com/36Mbit.htm. 
 
About GSI Technology
Founded in 1995, GSI Technology, Inc. is a leading provider of high performance SRAMs primarily incorporated in networking and telecommunications equipment. Headquartered in Santa Clara, California, GSI Technology is ISO 9001 certified and has world wide factory and sales locations. For more information, please visit www.gsitechnology.com.

GSI Technology, Inc. Announces Proposed Initial Public Stock Offering (Proposed IPO)

Santa Clara, CA (January 10, 2007)—GSI Technology, Inc. today announced that it has filed with the U.S. Securities and Exchange Commission a registration statement relating to the proposed initial public offering of shares of its common stock. The shares in the offering will be offered by GSI Technology, Inc. and certain selling stockholders. 

Needham & Company, LLC and W.R. Hambrecht + Co., LLC will act as joint book-running managers with Robert W. Baird & Co. and Stanford Group Company acting as co-managers. The number of shares to be sold in the proposed offering and the offering price have not yet been determined.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering will be made only by means of a prospectus. A written preliminary pro spectus related to the offering may be obtained, when available, from the prospectus depa rtment of Needham & Company, LLC at 445 Park Avenue, New York, New York 10022, by telephone at 212-705-0345, or by faxing a request to 212-705-0416, or from WR Hambrecht + Co at 555 Lancaster Avenue, Suite 200, Berwyn, PA 19312, by telephone at 877-828-5200, or by faxing a request to 610-725-1167.

About GSI Technology
Founded in 1995, GSI Technology, Inc. is a leading provider of high performance SRAMs primarily incorporated in networking and telecommunications equipment. Headquartered in Santa Clara, California, GSI Technology is ISO 9001 certified and has world wide factory and sales locations. For more information, please visit www.gsitechnology.com. y.com