Transmeta Corporation Schedules First Quarter 2005 Earnings Release &

    Business Editors/High-Tech Editors

    SANTA CLARA, Calif.--(BUSINESS WIRE)--May 9, 2005--Transmeta Corporation (Nasdaq:TMTA), the leader in efficient computing technologies, will announce results for the first quarter ended March 31, 2005 on May 13, 2005 before the Nasdaq market opens.
    Following the release, Transmeta management will host a conference call at 10:00 a.m. Eastern Time (ET) / 7:00 a.m. Pacific Time (PT) to discuss the operating performance for the quarter. To listen to the conference call, please dial (913) 981-4900. The conference call will also be available to the public live over the Internet at the investor relations section of Transmeta's website at www.transmeta.com. A recording of the conference call will be available for one week, starting one hour after the completion of the call, until May 20. The phone number to access the recording is (888) 203-1112, and the passcode is 4943120. For callers outside the U.S., please dial (719) 457-0820, with the same passcode.

    About Transmeta Corporation

    Transmeta Corporation develops and licenses innovative computing, microprocessor and semiconductor technologies and related intellectual property. Founded in 1995, Transmeta first became known for designing, developing and selling its highly efficient x86-compatible software-based microprocessors, which deliver a balance of low power consumption, high performance, low cost and small size suited for diverse computing platforms. We also develop advanced power management technologies for controlling leakage and increasing power efficiency in semiconductor and computing devices. To learn more about Transmeta, visit www.transmeta.com.

    Safe Harbor Statement

    This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements speak only as of the date of this release, and we will not necessarily provide updates of our projections or other forward-looking statements. Investors are cautioned that such forward-looking statements are subject to many risks and uncertainties, and may differ materially or adversely from our actual results or future events. Important risk factors that could have material or adverse effects on our results include general economic and political conditions and specific conditions and volatility in the markets that we address, the rescheduling or cancellation of significant customer orders, market acceptance and adoption of our new products by our present and future customers and end users, difficulties in developing or manufacturing new and existing products in a timely and cost effective manner, our dependence on third parties for sourcing materials and providing manufacturing services, intense competition and competitive pressures, the ability to enter strategic collaborations or raise financing on satisfactory terms, reaching agreement upon a definitive agreement after signing a non-binding letter of intent, patents and other intellectual property rights, and other risk factors. We urge investors to review our filings with the Securities and Exchange Commission, including our most recent reports on Forms 10-K and 10-Q, which describe these and other important risk factors that could have an adverse effect on our results. We undertake no obligation to revise or update publicly any forward-looking statement for any reason.

    Transmeta, Efficeon, LongRun2 and Crusoe are trademarks of Transmeta Corporation. All other product or service names mentioned herein are the trademarks of their respective owners.

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CONTACT: Transmeta Corporation Mark R. Kent, 408-919-3000 or Financial Dynamics Michael Polyviou, 212-850-5748 (Investors) mpolyviou@fd-us.com

KEYWORD: CALIFORNIA INDUSTRY KEYWORD: HARDWARE SOFTWARE MANUFACTURING EARNINGS CONFERENCE CALLS SOURCE: Transmeta Corporation

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