A look-up table (LUT) cascade is a new type of a programmable logic device (PLD) that provides an alternative way to realize multiple-output functions. An LUT ring is an emulator for an LUT cascade. Compared with an LUT cascade, the LUT ring is more flexible. In this paper we discuss the realization of multiple-output functions with the LUT ring. Unlike an FPGA realization of a logic function, accurate prediction of the delay time is easy in an LUT ring realization. A prototype of an LUT ring has been custom-designed with 0.35 µm CMOS technology. Simulation results show that the LUT ring is 80 to 241 times faster than software programs on an SH-1, and 36 to 93 times faster than software programs on a PentiumIII when the frequencies for the LUT ring and the MPUs are the same, but is slightly slower than commercial FPGAs.