In this work,the stability issues of the equilibrium points of the cellular neural networks with multiple time delays and impulsive effects are investigated.Based on the stability theory of Lyapunov-Krasovskii,the method of linear matrix inequality (LMI) and parametrized first-order model transformation,several novel conditions guaranteeing the delaydependent and the delay-independent exponential stabilities are obtained.A numerical example is given to illustrate the effectiveness of our results.