E. Thomas Hart, Chairman, President & CEO of QuickLogic Corporation Is Finalist for World Technology Award

SUNNYVALE, Calif., Oct 24, 2006 (BUSINESS WIRE) -- The World Technology Network (WTN) today announced that E. Thomas Hart, chairman, president and chief executive officer of QuickLogic(R) Corporation (NASDAQ:QUIK), has advanced to the finalist list as a nominee for a 2006 WTN Award, presented by the World Technology Network in association with the New York Stock Exchange, Dow Chemical, TIME magazine and CNN, among others. Mr. Hart joins eight other distinguished Fellows in the IT Hardware category, who are eligible to win this year's award.

Winners will be announced Nov. 3, 2006, at the World Technology Awards gala ceremony at The Fairmont hotel in San Francisco at the conclusion of the two-day WTN Summit. The World Technology Award honors individuals and corporations from twenty technology-related sectors, including biotechnology, space, energy, ethics, design and entertainment. Nominees were identified based on an intensive, global selection process by the nomination and review committee, which is comprised of approximately 1,000 WTN members from more than 60 countries.

"It is an honor to be nominated by industry luminaries for the IT Hardware category of the 2006 World Technology Awards," said E. Thomas Hart, chairman, president and CEO of QuickLogic. "I am proud of the work our team has done here at QuickLogic in creating disruptive technology that can dramatically increase battery life while reducing cost, risk and time to market for portable consumer electronics devices."

"The World Technology Awards program is not only a very inspiring way to identify and honor the most innovative people and organizations in the technology world, but it also is a truly disciplined way for the WTN membership to identify those who will formally join them, as WTN Fellows, as part of our global community," said James P. Clark, founder and chairman of the World Technology Network. "By working to make useful connections among our members, we look forward to assisting Mr. Hart in his continued efforts to create our collective future and change our world."

This year's Summit will also include a Chief Technology Officers (CTO) Showcase, enabling a small selection of companies to discuss their work in detail with Summit delegates. For more information on the World Technology Network, World Technology Awards and World Technology Summit, please visit this website: www.wtn.net

About World Technology Network

The World Technology Network is a New York-headquartered organization that was created to "encourage serendipity" -- happy accidents -- amongst those individuals and companies deemed by their peers to be the most innovative in the science and technology world. The WTN's areas of interest range from IT and communications to biotech, energy, materials, space, as well as related fields such as finance, marketing, policy, law, design, and ethics. Each year, WTN members are brought together through an ongoing global series of regional roundtables, global Summits, and other events. In 2004, the WTN also convened the World Energy Technologies Summit at UNESCO headquarters in Paris. The WTN also publishes "WTN Update," a monthly collection of news items covering the innovative work of the WTN members. The central events in the WTN calendar include the annual World Technology Summit and World Technology Awards -- the culmination of a global judging program through which new members are nominated and selected and by which the network grows and is refreshed.

About E. Thomas Hart

E. Thomas Hart has served as QuickLogic President, Chief Executive Officer and a member of the Board of Directors since he joined QuickLogic in June 1994, and as Chairman of the Board since April, 2001. Prior to joining QuickLogic, Mr. Hart was Vice President and General Manager of the Advanced Networks Division at National Semiconductor Corporation, a semiconductor manufacturing company, where he worked from September 1992 to June 1994. Mr. Hart's earlier experience includes senior level management responsibilities in semiconductor operations, engineering, sales and marketing with several companies including Motorola Semiconductor, and National Semiconductor. Mr. Hart retired from the United States Navy, with the rank of Captain, after serving 37 years on active and reserve duty, the last 28 years of which were in the Naval Intelligence community. Mr. Hart holds a B.Sc. in Electrical Engineering from the University of Washington.

About QuickLogic

QuickLogic Corporation (NASDAQ:QUIK) is the leading provider of the lowest power programmable logic solutions for the portable electronics, industrial, communications and military markets. Our latest products, PolarPro(TM), Eclipse II(TM) and QuickPCI(TM) are being used to implement bridge and control solutions in embedded systems requiring Wi-Fi, DVB-H and IDE or CE-ATA-based disk drives. QuickLogic's proprietary ViaLink(R) technology offers significant benefits, for programmable logic, including the lowest power, instant on capability and bulletproof intellectual property security. The company is located at 1277 Orleans Drive, Sunnyvale, CA 94089-1138. Web site www.quicklogic.com

The QuickLogic name and logo are registered trademarks of QuickLogic Corporation. All other brands or trademarks are the property of their respective holders and should be treated as such.

SOURCE: QuickLogic Corporation