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<SEC-DOCUMENT>0001157523-09-001012.txt : 20090209
<SEC-HEADER>0001157523-09-001012.hdr.sgml : 20090209
<ACCEPTANCE-DATETIME>20090209161046
ACCESSION NUMBER:		0001157523-09-001012
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20090209
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20090209
DATE AS OF CHANGE:		20090209

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MoSys, Inc.
		CENTRAL INDEX KEY:			0000890394
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				770291941
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-32929
		FILM NUMBER:		09581422

	BUSINESS ADDRESS:	
		STREET 1:		755 N MATIHILDA AVENUE
		CITY:			SUNNYVALE
		STATE:			CA
		ZIP:			94085
		BUSINESS PHONE:		408 731 1800

	MAIL ADDRESS:	
		STREET 1:		755 N MATIHILDA AVENUE
		CITY:			SUNNYVALE
		STATE:			CA
		ZIP:			94085

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MONOLITHIC SYSTEM TECHNOLOGY INC
		DATE OF NAME CHANGE:	19960613
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a5891743.htm
<DESCRIPTION>MOSYS, INC. 8-K
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2008 Business Wire, a Berkshire Hathaway company.-->
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    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt">UNITED STATES</font><font style="font-family: Times New Roman; font-size: 12pt"><br style="font-size: 12pt; font-family: Times New Roman"></font><font style="font-family: Times New Roman; font-size: 12pt">SECURITIES
      AND EXCHANGE COMMISSION</font><br><br><font style="font-family: Times New Roman; font-size: 12pt">Washington,
      D.C. 20549</font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Form
      8-K</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>Current
      Report</b></font><br><br><font style="font-size: 12pt; font-family: Times New Roman"><b>
      Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font><br><br><font style="font-family: Times New Roman; font-size: 12pt">Date
      of Report (Date of earliest event reported): </font><font style="font-family: Times New Roman; font-size: 12pt"><b>February
      9, 2009</b></font><br><br><br><font style="font-family: Times New Roman; font-size: 12pt"><b>MoSys,
      Inc.</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt">(Exact
      name of registrant as specified in its charter)</font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>000-32929</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt">(Commission
      File Number)</font><br>
    </p>
    <div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td valign="bottom" style="width: 34%; text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="bottom" style="width: 33%; text-align: center; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>77-0291941</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or other jurisdiction of
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            incorporation)
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="bottom" style="width: 34%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 33%; text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (I.R.S. Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>755 N. Mathilda Avenue</b>
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Sunnyvale, California 94085</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 10pt; font-family: Times New Roman">(Address
            of principal executive offices, with zip code)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <b>(408) 731-1800</b><br><font style="font-size: 10pt; font-family: Times New Roman">(Registrant&#8217;s
      telephone number, including area code)</font><br><br><br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy</font><br><font style="font-size: 10pt; font-family: Times New Roman">the
      filing obligation of the registrant under any of the following
      provisions </font>(<i>see</i> General<br>Instruction A.2. below):<br>
    </p>
    <p style="text-align: center">

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      2.02&#160;&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b></font><br>
    </p>
    <p style="text-align: justify">
      On February 9, 2009, MoSys, Inc., or the Company, issued a press release
      announcing its financial results for the fourth quarter and fiscal year
      ended December 31, 2008.&#160;&#160;A copy of this press release is furnished as
      Exhibit 99.1 to this report. The press release should be read in
      conjunction with the statements regarding forward-looking statements,
      which are included in the text of the release.
    </p>
    <p>

    </p>
    <p>
      In addition to disclosing financial results calculated in accordance
      with U.S. generally accepted accounting principles (GAAP), the Company's
      earnings release contains non-GAAP financial measures that exclude the
      statement of operation effects of stock-based compensation, in-process
      research and development costs, restructuring charges associated with
      the Company&#8217;s exit from its analog/mixed-signal product line, and, in
      addition to the restructuring charges, write-offs for impairment of
      intangible assets and amortization of intangibles recorded in connection
      with the Company&#8217;s purchase of the analog/mixed-signal intellectual
      property assets in 2007.
    </p>
    <p>

    </p>
    <p>
      Management of the Company primarily reviews gross margin, operating
      expenses (research and development and sales, general and
      administrative), operating loss, net loss and net loss per share
      exclusive of share-based compensation and non-recurring charges such as
      those related to amortization of intangibles, in-process research and
      development in connection with the acquisition of assets or other
      businesses and restructuring and impairment of intangible asset charges
      for planning and forecasting future periods. Because management reviews
      these financial measures calculated without taking into account these
      items, these financial measures are treated as &quot;non-GAAP financial
      measures&quot; under Securities and Exchange Commission rules. Management
      uses the non-GAAP financial measures for internal managerial purposes,
      to evaluate the Company's performance over comparable periods, and to
      compare the Company's results to those of other companies in its sector.
      In addition, management cites these measures when publicly disclosing
      forward-looking statements about expected future results of operations.
    </p>
    <p>

    </p>
    <p>
      Management and the Board of Directors will continue to compare the
      Company's historical consolidated results of operations (revenue, gross
      margin, research and development, selling, general and administrative
      expenses, operating loss, net loss and net loss per share), at least in
      part, by excluding share-based compensation and the charges for
      amortization of intangibles, restructuring and impairment of intangible
      assets described above, to assess the business and compare operating
      results to the Company's performance objectives. For example, the
      Company's budgeting and planning process utilizes these non-GAAP
      financial measures, along with other types of financial information.
    </p>
    <p>

    </p>
    <p>
      The Company discloses these non-GAAP financial measures to the public as
      an additional means by which investors can assess the Company's
      performance and to identify the Company's operating results for
      investors on the same basis applied by management. The non-GAAP
      financial measures disclosed by the Company should not be considered a
      substitute for, or superior to, financial measures calculated in
      accordance with GAAP, and the financial results calculated in accordance
      with GAAP and reconciliations to those financial statements should be
      carefully evaluated. The non-GAAP financial measures used by the Company
      may be calculated differently from, and therefore may not be comparable
      to, similarly titled measures used by other companies. The Company has
      provided reconciliations of the non-GAAP financial measures to the most
      directly comparable GAAP financial measures in the press release
      furnished as Exhibit 99.1
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Moreover, although these non-GAAP financial measures adjust expense,
      they should not be viewed as a pro forma presentation reflecting the
      elimination of the underlying share-based compensation programs, as
      those programs are an important element of the Company's compensation
      structure and GAAP requires that all forms of share-based payments
      should be valued and included, as appropriate, in results of operations.
      Management believes these expenses are a material part of the Company's
      operating results.
    </p>
    <p>

    </p>
    <p>
      The information contained in this report and the exhibit attached hereto
      is furnished solely pursuant to Item 2.02 of Form 8-K and shall not be
      deemed &quot;filed&quot; for purposes of Section 18 of the Securities Exchange Act
      of 1934, as amended, or otherwise subject to the liabilities of that
      section. The information contained herein and the exhibit attached
      hereto shall not be incorporated by reference into any filing with the
      Securities and Exchange Commission made by MoSys, Inc., whether made
      before or after the date hereof, except as shall be expressly set forth
      by specific reference in such filing.<br><br><br>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><b>Item
      9.01&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b></font><br>
    </p>
    <p style="text-align: justify">
      (c) Exhibits.
    </p>
    <p>

    </p>
    <div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="width: 10%; text-align: left; border-bottom: double black 2.25pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit No.</b>
          </p>
        </td>
        <td valign="top" style="width: 50%; text-align: right; border-bottom: double black 2.25pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Description</b>
          </p>
        </td>
        <td style="width: 40%">

        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td style="width: 50%">

        </td>
        <td style="width: 40%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 10%; text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          99.1
        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          Press Release by MoSys, Inc. dated February 9, 2009.
        </td>
        <td style="width: 40%">

        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap">

    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the Registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized. </font>
    </p>
    <p>

    </p>
    <div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>MOSYS, INC.</b>
          </p>
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 5%; text-align: left; padding-left: 0.0px">
          Date:
        </td>
        <td valign="top" style="width: 45%; text-align: left; padding-left: 0.0px">
          February 9, 2009
        </td>
        <td valign="top" style="width: 4%; text-align: left; padding-left: 0.0px">
          By:
        </td>
        <td valign="top" style="width: 46%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>/s/ James W. Sullivan</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 46%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            James W. Sullivan
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 46%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Vice President of Finance and Chief Financial
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 4%">

        </td>
        <td valign="top" style="width: 46%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">
      <u><font style="font-size: 10pt; font-family: Times New Roman"><b>EXHIBIT
      INDEX</b></font></u>
    </p>
    <div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td valign="top" style="width: 10%; text-align: left; border-bottom: double black 2.25pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Exhibit No.</b>
          </p>
        </td>
        <td valign="bottom" style="width: 50%; text-align: right; border-bottom: double black 2.25pt; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Description</b>
          </p>
        </td>
        <td style="width: 40%">

        </td>
      </tr>
      <tr>
        <td style="width: 10%">

        </td>
        <td style="width: 50%">

        </td>
        <td style="width: 40%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 10%; text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          99.1
        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press Release by MoSys, Inc. dated February 9, 2009.
          </p>
        </td>
        <td style="width: 40%">

        </td>
      </tr>
    </table>
    </div>
  </body>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a5891743ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2008 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>MoSys,
      Inc. Reports Fourth Quarter and Full Year 2008 Financial Results</b></font>
    </p>
    <p>
      SUNNYVALE, Calif.--(BUSINESS WIRE)--February 9, 2009--MoSys, Inc.,
      (NASDAQ: MOSY), a leading provider of high-density system-on-chip (SoC)
      memory intellectual property (IP), today reported financial results for
      the fourth quarter and year ended December 31, 2008.
    </p>
    <p>
      <b>Recent Highlights</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Reported total fourth quarter revenue of $4.0 million
      </li>
      <li style="margin-bottom: 10.0px">
        Ended the year with cash and investments of $67.5 million
      </li>
      <li style="margin-bottom: 10.0px">
        Announced plan to exit unprofitable Analog/Mixed-Signal product lines
        to lower operating costs
      </li>
    </ul>
    <p>
      <b>Management Commentary</b>
    </p>
    <p>
      Commenting on the results, Len Perham, MoSys&#8217; President and Chief
      Executive Officer, stated, &#8220;The continued decline in the global economic
      environment has resulted in customer projects being delayed or pushed
      out, which impacted our license revenue during the quarter. These
      results were partially offset by an increase in royalties associated
      with the Nintendo Wii game console and royalties generated by another
      major OEM customer that licenses our 1T-SRAM embedded memory IP for
      advanced mobile phone applications. During the fourth quarter, we signed
      a new license with a mobile phone provider for use of our
      application-specific DDI (display driver integrated circuit) memory IP
      in their display driver subsystems. We ended the year with five customer
      design wins for our DDI solution and brought up support at three
      foundries. In addition, we made significant progress with our 1T-FLASH
      program, as our lead customer moved into pre-production manufacturing
      and expects to begin shipping production samples late first quarter of
      2009 with a full production ramp later this year.&#8221;
    </p>
    <p>
      During the fourth quarter, the Company announced a plan to exit its
      unprofitable analog/mixed signal product lines. As part of this plan,
      the Company will be reducing headcount by approximately 90 employees,
      primarily located in China and Romania. The Company began executing this
      plan in the fourth quarter and expects to substantially complete the
      process in the first quarter of 2009. The Company expects to realize
      annualized cost savings of approximately $5.5 million.
    </p>
    <p>
      Looking forward, Mr. Perham concluded, &#8220;We believe the current weakness
      in the global economic environment will extend throughout 2009.
      Certainly, the first quarter will be impacted by the continued slowdown
      in the consumer market segments beyond the typical seasonality
      associated with that quarter. This environment has significantly limited
      our near-term visibility, and we will continue our policy of not
      providing specific financial guidance until further notice. While we
      will be stringently managing our expenses, we will continue to
      strategically invest in R&amp;D in order to position the Company for future
      growth.&#8221;
    </p>
    <div style="margin-right: 0pt; margin-left: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Fourth Quarter Results</b>
    </p>
    <p>
      Total net revenue for the fourth quarter of 2008 was $4.0 million,
      compared with $4.1 million in the third quarter of 2008 and $2.9 million
      for the fourth quarter of 2007.
    </p>
    <p>
      Fourth quarter total revenue included licensing revenue of $859,000,
      compared with $1.2 million in the third quarter of 2008 and $388,000 in
      the fourth quarter of 2007. Royalty revenue for the fourth quarter was
      $3.1 million, which included royalties associated with the Nintendo Wii
      game console. This compares with royalty revenue of $2.9 million in the
      previous quarter and $2.5 million in the fourth quarter of 2007.
    </p>
    <p>
      Gross margin as determined in accordance with U.S. Generally Accepted
      Accounting Principles (GAAP) was 83.8 percent, compared with 79.2
      percent in the third quarter of 2008 and 71.5 percent in the fourth
      quarter of 2007.
    </p>
    <p>
      Total operating expenses on a GAAP basis for the fourth quarter of 2008
      were $9.8 million, including approximately $2.7 million in restructuring
      and asset impairment charges. This compares with $6.8 million in the
      previous quarter and $7.7 million in the fourth quarter of 2007.
    </p>
    <p>
      GAAP net loss for the quarter was $6.3 million, or ($0.20) per share,
      including a restructuring charge of $1.3 million, an asset impairment
      charge of $1.4 million, stock-based compensation expense of $1.0 million
      and intangible asset amortization charges of $151,000. This compares
      with a net loss of $3.2 million, or ($0.10) per share, for the third
      quarter of 2008 and a net loss of $4.6 million, or ($0.14) per share,
      for the fourth quarter of 2007.
    </p>
    <p>
      The net loss on a non-GAAP basis for the fourth quarter was $2.4
      million, or ($0.08) per share, excluding restructuring, asset
      impairment, stock-based compensation and intangible asset amortization
      charges. A reconciliation of GAAP to non-GAAP results is provided in the
      financial tables following the text of this press release.
    </p>
    <p>
      Earnings per share for the quarter on both a GAAP and non-GAAP basis
      were computed using 31.6 million shares.
    </p>
    <p>
      Cash, cash equivalents and both long and short-term investments totaled
      $67.5 million as of December 31, 2008, compared to $72.1 million as of
      September 30, 2008. During the fourth quarter, the Company repurchased
      approximately 275,000 shares of its common stock under its repurchase
      program at a total cost of approximately $1.0 million.
    </p>
    <p>
      <b>Full Year 2008 Results</b>
    </p>
    <p>
      Total revenue for 2008 was $14.0 million, compared with $14.3 million in
      fiscal 2007. Net loss for the year, in accordance with GAAP, was $18.4
      million, or ($0.58) per share, compared with a net loss of $8.5 million,
      or ($0.27) per share, in 2007. The non-GAAP net loss for fiscal 2008 was
      $10.4 million, or ($0.33) per share, excluding a restructuring charge of
      $1.3 million, an asset impairment charge of $1.4 million, stock-based
      compensation charges of $4.6 million and approximately $742,000 in
      intangible asset amortization charges. Non-GAAP net loss for 2007 was
      $3.6 million, or ($0.11) per share, excluding stock-based compensation
      charges of $3.8 million and $1.2 million in intangible asset
      amortization and in-process research and development charges. Earnings
      per share for 2008 were computed using approximately 31.7 million shares
      on a GAAP and non-GAAP basis.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Fourth Quarter and Full Year 2008 Financial Results Webcast /
      Conference Call</b>
    </p>
    <p>
      MoSys will host a conference call and webcast with investors today at
      1:30 p.m. Pacific time (4:30 p.m. Eastern time) to discuss the fourth
      quarter and full year results. Investors and other interested parties
      may access the call by dialing <b>1-888-679-8033</b> in the U.S.
      (617-213-4846 outside of the U.S.), and entering the pass code <b>14111930</b>
      at least 10 minutes prior to the start of the call. In addition, an
      audio webcast will be available through the MoSys Web site at <u>http://www.mosys.com</u>.
      A telephone replay will be available for two business days following the
      call at 888-286-8010 in the U.S. (617-801-6888 outside of the U.S.),
      pass code of 52745907.
    </p>
    <p>
      <b>Use of Non-GAAP Financial Measures</b>
    </p>
    <p>
      To supplement MoSys&#8217; consolidated financial statements presented in
      accordance with GAAP, MoSys uses non-GAAP financial measures that
      exclude from the income statement the effects of restructuring and asset
      impairment charges related to the Company&#8217;s exit from its
      analog/mixed-signal product lines, stock-based compensation and the
      effects of certain charges related to acquired intangible assets and
      other acquisition-related charges from its acquisition of the
      analog/mixed-signal design teams and related design know-how from Atmel
      Corporation and LDIC in 2008. MoSys&#8217; management believes that the
      presentation of these non-GAAP financial measures is useful to investors
      and other interested persons because they are one of the primary
      indicators that MoSys&#8217; management uses for planning and forecasting
      future performance. MoSys believes that the presentation of non-GAAP
      financial measures that exclude these items is useful to investors
      because MoSys does not consider these charges part of the day-to-day
      business or reflective of the core operational activities of the Company
      that are within the control of management or that would be used to
      evaluate management&#8217;s operating performance.
    </p>
    <p>
      Investors are encouraged to review the reconciliation of these non-GAAP
      financial measures to the comparable GAAP results, which is provided in
      a table immediately below the Condensed Consolidated Statements of
      Operations. The non-GAAP financial measures disclosed by the Company
      should not be considered a substitute for, or superior to, financial
      measures calculated in accordance with GAAP, and the financial results
      calculated in accordance with GAAP and reconciliations to those
      financial statements should be carefully evaluated. The non-GAAP
      financial measures used by the Company may be calculated differently
      from, and therefore may not be comparable to, similarly titled measures
      used by other companies. For additional information regarding these
      non-GAAP financial measures, and management&#8217;s explanation of why it
      considers such measures to be useful, refer to the Form 8-K dated
      February 9, 2008, that the Company filed with the Securities and
      Exchange Commission.
    </p>
    <p>
      <b>Forward-Looking Statements</b>
    </p>
    <p>
      This press release may contain forward-looking statements about the
      Company, including, without limitation, benefits and performance
      expected from use of the Company&#8217;s 1T-SRAM and 1T-FLASH technologies,
      the Company&#8217;s execution and results, improving operational efficiencies,
      growth of the business and future business prospects and the estimated
      restructuring charges and costs and cost savings, including the timing
      of such savings, related to the restructuring plan.
    </p>
    <p>
      Forward-looking statements are based on certain assumptions and
      expectations of future events that are subject to risks and
      uncertainties. Actual results and trends may differ materially from
      historical results or those projected in any such forward-looking
      statements depending on a variety of factors. These factors include, but
      are not limited to, customer acceptance of our proprietary technologies
      for 1T-SRAM and 1T-FLASH, the timing and nature of the license
      agreements to be entered into with our customers and their requests for
      our services under existing license agreements, the timing of customer
      acceptance of our work under such agreements, the level of commercial
      success of licensees&#8217; products, ease of manufacturing and yields of
      devices incorporating our proprietary technologies, our ability to
      enhance our existing proprietary technologies and develop new
      technologies, the level of intellectual property protection provided by
      our patents, the expenses and other consequences of litigation,
      including intellectual property infringement litigation, to which we may
      be or may become a party from time to time, the vigor and growth of
      markets served by our licensees and customers and operations of the
      Company, assumptions including the timing and execution of restructuring
      plans and programs subject to local labor law requirements, including
      consultation with appropriate works councils; assumptions related to
      severance costs and other risks identified in the Company&#8217;s most recent
      reports on forms 10-Q and 10-K filed with the Securities and Exchange
      Commission, as well as other reports that MoSys files from time to time
      with the Securities and Exchange Commission. MoSys undertakes no
      obligation to update publicly any forward-looking statement for any
      reason, except as required by law, even as new information becomes
      available or other events occur in the future.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>About MoSys, Inc.</b>
    </p>
    <p>
      Founded in 1991, MoSys (NASDAQ: MOSY), develops, markets and licenses
      innovative embedded memory intellectual property (IP) technologies for
      advanced systems-on-chips (SoCs) used in a variety of home
      entertainment, mobile consumer, networking and storage applications.
      MoSys' patented 1T-SRAM and 1T-FLASH technologies offer a combination of
      high density, low power consumption, high speed and low cost unmatched
      by other available memory technologies. MoSys' embedded memory IP has
      been included in more than 160 million devices demonstrating
      silicon-proven manufacturability in a wide range of processes and
      applications. MoSys is headquartered at 755 N. Mathilda Avenue,
      Sunnyvale, California 94085. More information is available on MoSys'
      website at <u>http://www.mosys.com</u>.
    </p>
    <p>
      <i>MoSys and 1T-SRAM are registered trademarks of MoSys, Inc.
      1T-FLASH(TM) is a trademark of MoSys, Inc.</i>
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="20">
          <b>MOSYS, INC.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="20">
          <b>CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="20">
          <b>(In thousands, except per share amounts; unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="8">
          <b>Three Months Ended</b>
        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="7">
          <b>Twelve Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="7">
          <b>December 31,</b>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="7">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2008</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2007</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2008</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2007</b>
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="4">
          <b>Net Revenue</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Licensing
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          859
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          388
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          3,156
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          5,253
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="3">
          Royalty
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          3,101
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          2,511
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          10,870
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          9,081
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Total net revenue
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          3,960
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,899
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          14,026
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          14,334
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="4">
          <b>Cost of Net Revenue</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="3">
          Licensing
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          642
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          825
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          2,800
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          2,737
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Total cost of net revenue
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          642
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          825
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,800
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,737
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="4">
          <b>Gross Profit</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          3,318
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,074
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          11,226
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          11,597
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="4">
          <b>Operating Expenses</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          4,005
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          4,174
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          16,426
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          11,594
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Selling, general and administrative
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,952
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          3,309
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          11,875
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          11,659
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          In-process research and development
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          966
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Amortization of intangible assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          151
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          197
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          742
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          394
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Impairment of intangible assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,379
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,379
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="3">
          Restructuring charge
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          1,334
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          1,334
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          -
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Total operating expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          9,821
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          7,680
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          31,756
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          24,613
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Loss from operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          (6,503
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          (5,606
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          (20,530
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          (13,016
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="3">
          Other income, net
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          217
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          1,015
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          2,243
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          4,520
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Loss before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          (6,286
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          (4,591
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          (18,287
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          (8,496
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="3">
          Benefit (provision) for income taxes
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          (21
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          8
        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          (132
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          (25
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="4">
          <b>Net loss</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          (6,307
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          (4,583
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          (18,419
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          (8,521
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="4">
          <b>Net loss per share</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Basic and diluted
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          ($0.20
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          ($0.14
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          ($0.58
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          ($0.27
        </td>
        <td valign="bottom" style="text-align: left; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="4">
          <b>Shares used in computing net loss per share</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Basic and diluted
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          31,623
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          32,117
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          31,698
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          31,994
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>MOSYS, INC.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>Reconciliation of GAAP to Non-GAAP Net Loss and Net Loss Per Share</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>(In thousands, except per share amounts; unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Three Months Ended</b>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Twelve Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>December 31,</b>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2008</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2007</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2008</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          <b>2007</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <b>GAAP net loss</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $ (6,307)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $ (4,583)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $ (18,419)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $ (8,521)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Stock-based compensation expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          - Cost of net revenue
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          66
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          178
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          408
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          495
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          - Research and development
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          261
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          363
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,197
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,162
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: left; padding-bottom: 2.0px; padding-left: 20.0px">
          - Selling, general and administrative
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          673
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          651
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          2,972
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          2,109
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 35.0px">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Total stock-based compensation expense
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,000
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,192
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          4,577
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          3,766
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          In-process research and development
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          966
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Amortization of intangible assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          151
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          197
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          742
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          394
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Impairment of intangible assets (1)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,379
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,379
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Restructuring charge (1)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          1,334
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          1,334
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          -
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2">
          <b>Non-GAAP net loss</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $ (2,443)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $ (3,194)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $ (10,387)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $ (3,395)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <b>GAAP net loss per share</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          ($0.20)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          ($0.14)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          ($0.58)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          ($0.27)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Reconciling items
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          - Stock-based compensation expense
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.03
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.04
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.15
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.12
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          - In-process research and development
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.03
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          - Amortization of intangible assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.01
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.02
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.01
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          - Impairment of intangible assets (1)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.04
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          0.04
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: left; padding-bottom: 2.0px; padding-left: 20.0px">
          - Restructuring charge (1)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          0.04
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          0.04
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          -
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="2">
          <b>Non-GAAP net loss per share: Basic and diluted</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          ($0.08)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          ($0.10)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          ($0.33)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          ($0.11)
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          <b>Shares used in computing non-GAAP net loss per share</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Basic and diluted
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          31,623
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          32,117
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          31,698
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          31,994
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="11">
          (1) Charges related to the exit of the analog/mixed-signal product
          lines
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="10">
          <b>MOSYS, INC.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="10">
          <b>CONDENSED CONSOLIDATED BALANCE SHEETS</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="10">
          <b>(in thousands, unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>December 31,</b>
        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px" colspan="2">
          <b>2008</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px" colspan="2">
          <b>2007</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          <b>Assets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Current assets:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Cash, cash equivalents and investments
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          44,075
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          64,961
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Accounts receivable, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          688
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          895
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Unbilled contract receivables
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          428
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          518
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2">
          Prepaid expenses and other assets
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          2,158
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          2,393
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          47,349
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          68,767
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Long-term investments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          23,395
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          13,693
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Property and equipment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          958
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,396
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          12,326
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          12,326
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Intangible assets, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,166
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="3">
          Other assets
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          1,905
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          449
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px">
          Total assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          85,933
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          98,797
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="4">
          <b>Liabilities and Stockholders&#8217; Equity</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Current liabilities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Accounts payable
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          167
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          146
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Accrued expenses and other liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,235
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,158
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="2">
          Accrued restructuring liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          1,004
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          -
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="2">
          Deferred revenue
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          639
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: solid black 1.0pt; padding-left: 0.0px">
          201
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          4,045
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          2,505
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          Stockholders' equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          81,888
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; padding-left: 0.0px">
          96,292
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt" colspan="2">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom: solid black 1.0pt" colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px">
          Total liabilities and stockholders&#8217; equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          85,933
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; white-space: nowrap; padding-right: 0.0px; border-bottom: double black 2.25pt; padding-left: 0.0px">
          98,797
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>MoSys, Inc.<br>Jim Sullivan, CFO, 408-731-1800<br><u>jsullivan@mosys.com</u><br>or<br>Shelton
      Group, Investor Relations<br>Beverly Twing, Sr. Acct. Manager,
      972-239-5119 ext. 126<br><u>btwing@sheltongroup.com</u>
    </p>
    <p>

    </p>
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