SST Announces Release Date of Fourth Quarter and Fiscal 2006 Financial Results

SST (Silicon Storage Technology, Inc.) (Nasdaq: SSTI), a leader in flash memory technology, will announce its fourth quarter and fiscal 2006 financial results on Wednesday, Jan. 24, 2007. A press release will be transmitted to the news media immediately following the close of the market on Jan. 24th and the company will hold a conference call to discuss the results at 1:30 p.m. PT. Those wishing to participate in the conference call should dial (866) 233-3843, international participants please dial (612) 332-0932, using the password "SST" at approximately 1:20 p.m. PT. A replay of the call will be available for two weeks by dialing (800) 475-6701, international participants dial (320) 365-3844, using the access code 856062. A webcast replay of the conference call will be available until the next earnings conference call on the company's web site at http://www.sst.com/events .

About Silicon Storage Technology, Inc.

Headquartered in Sunnyvale, California, SST designs, manufactures and markets a diversified range of memory and non-memory products for high volume applications in the digital consumer, networking, wireless communications and Internet computing markets. Leveraging its proprietary, patented SuperFlash technology, SST is a leading provider of nonvolatile memory solutions with product families that include various densities of high functionality flash memory components and flash mass storage products. The Company also offers its SuperFlash technology for embedded applications through its broad network of world-class manufacturing partners and technology licensees, including TSMC, which offers it under its trademark Emb-FLASH. SST's non-memory products include NAND controller-based products, smart card ICs, flash microcontroller and radio frequency ICs and modules. Further information on SST can be found on the company's Web site at http://www.sst.com .

For more information about SST and the company's comprehensive list of product offerings, please call 1-888/SST-CHIP. Information can also be requested via email to literature@sst.com or through SST's Web site at http://www.sst.com . SST's head office is located at 1171 Sonora Court, Sunnyvale, Calif.; telephone: 408/735-9110; fax: 408/735-9036.

NOTE: The SST logo and SuperFlash are registered trademarks of Silicon Storage Technology, Inc. Emb-FLASH is a trademark of TSMC. All other trademarks or registered trademarks are the property of their respective holders.

Arthur O. Whipple

Chief Financial Officer

Silicon Storage Technology, Inc.

awhipple@sst.com

(408) 735-9110

Leslie Green

Green Communications Consulting, LLC

(650) 312-9060

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