GSI Technology Joins Russell 3000® Index

* Reuters is not responsible for the content in this press release.

Mon Jun 29, 2009 4:56pm EDT

SANTA CLARA, Calif.--(Business Wire)--
GSI Technology, Inc. (Nasdaq: GSIT) announced that as of June 26, 2009 it has
been added to the Russell 3000® Index. The index is comprised of the 3,000
largest public companies listed on U.S. stock exchanges as measured by market
capitalization. 

"Being included in the Russell 3000 is a significant event for the Company,"
said Lee-Lean Shu, president and CEO, who noted that the many Russell indexes
are widely used by investors to gauge the performance of managers of index funds
and as benchmarks for both passive and active investment strategies. 

According to Russell, the 3000 Index is constructed to provide a comprehensive,
unbiased, and stable barometer of the broad market and is reconstituted annually
to ensure that it reflects new and growing equities. "We expect that inclusion
in this widely recognized index will broaden our exposure in the investment
community and promote greater market awareness among both retail and
institutional investors," said Mr. Shu. 

About GSI Technology

Founded in 1995, GSI Technology, Inc. is a leading provider of high-performance
static random access memory, or SRAM, products primarily incorporated in
networking and telecommunications equipment. Headquartered in Santa Clara,
California, GSI Technology is ISO 9001 certified and has worldwide factory and
sales locations. For more information, please visit www.gsitechnology.com. 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended. All
forward-looking statements included in this press release are based upon
information available to GSI Technology as of the date hereof, and GSI
Technology assumes no obligation to update any such forward-looking statements.
Forward-looking statements involve a variety of risks and uncertainties, which
could cause actual results to differ materially from those projected. These
risks include those associated with the normal quarterly closing process, which
could result in adjustments to the preliminary financial results. Further
information regarding other risks relating to GSI Technology`s business is
contained in the company`s filings with the Securities and Exchange Commission,
including those factors discussed under the caption "Risk Factors" in such
filings. 





GSI Technology, Inc.
Douglas M. Schirle
Chief Financial Officer
408-980-8388
or
Silverman Heller Associates
Philip Bourdillon/Gene Heller
310-208-2550 

Copyright Business Wire 2009

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